Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
• Obtain reasons for deviations and report it as an observation
12 Science laboratory
Special attention to procurement
process and storage
• Use of chemical after expiry date can lead
to serious accident
• Blockage of working capital due to
excessive stock
• Obtain a list of total number of students in the practical
classes
• Verify the requirement of the material per student
• Obtain a list of total quantity of material purchased by the
college during the particular year
• Verify the consumption made during the year out of the stock
in hand and material in the stock at the end of academic
session
• Verify the expiry date of chemical purchased; review the
monitoring mechanism for expiry dates
• Verify the process of disposal of expired chemicals, if any
• Verify whether only authorized personnel have access to
chemicals
• Verify whether first aid box is available in the laboratory
• Verify whether technically qualified personnel is available in
laboratory
• Verify whether chemical stock account register is available
Page 293 of 705