Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
thoroughly investigated
16 Control over Establishment
Check Register
• Prescribed register not maintained
• Incomplete register maintained
• Incorrect register maintained
• Absence of review control
• Verify whether there are any cases of Incorrect un-reconciled recording
• Verify whether last year balances are correctly/completely transferred
• Verify whether the interest amount is correctly and completely recorded
• Verify whether adequate Insurance cover has been taken
• Verify whether there is any delay in recovery of custom to bad debts
D
Contingencies
17 Inevitable Payments
(Refer Para 161 to 164 of
Volume V Part I of Financial
Handbook)
• Withdrawal of money from Treasury
even in the absence of contingencies
• Verify whether no money is withdrawn from the treasury unless it is
required for immediate disbursement and the drawn amount is recorded in
accounts immediately, as prescribed
18 Contingent Charges and their
recording
(Refer Para 49, 157, 158,
169, 173, 174, 175,176 and
• Inadequate control over maintenance of
registers and sub vouchers for recording
Contingent expenditure
• Non adherence to set policies and
• Verify whether a register in the prescribed form for recording contingent
expenditure is kept in each office
• Verify whether the contingent expenditure register is updated regularly by
the cashier
Page 183 of 705