Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
schemes to measure the achievement of objectives
4 Costing of Programmes/Schemes • Incorrectness of inputs used in the
preparation of the costing sheet
• Verify whether approved procedure has been applied in costing
the activities/programmes while preparing annual plan for the
scheme
• Verify whether all the inputs in the costing sheet/prescribed
details are linked to objectives of schemes
• Verify whether the input unit costs are reasonable and in line with
market rates
• Verify whether the working papers are retained which show the
detailed breakdown of the costing for each activity
• Verify whether the costing reflects the unit cost per output
• Verify whether the Work plans, and their costing have been
reviewed and formally approved by head of departments (HODs)
and the respective technical committees
• Verify whether the ―unit cost‖ per output is reviewed and
benchmarked with defined parameters or similar running schemes
in other states or other suitable methods, and any high variances
should be reported as observation, if any
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