Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
12.2 Detailed Audit Checklist
Sr. No Activity Risk Audit Steps
A
Pre – Construction activities
1 Viability Study • Commencement of Project without
ensuring its viability
• Huge amount of initial expenditure
incurred on Non viable projects
• Verify whether a viability study was conducted by the concerned official
before starting the designated Project
• Verify whether the Site Preparation, soil study and assessment of
feasibility of services such as water supply, electricity, drainage and
sewerage etc. were done and duly approved by competent authority
• Verify whether the results of the viability study were timely submitted to
the designated board/ management for review
• Verify whether approvals are available for the Viability study as per the
approved Delegation of powers
• Verify whether the revisions (if any) suggested by the reviewing team
were incorporated
2 Preparation of Project Estimates
(Refer Para 329 to 336 of Volume
VI of Financial Handbook)
• Preparation of estimates without
adequate basis
• Preparation of Unrealistic estimates
• Preparation of estimates without taking
• Obtain a list of estimates prepared during the audit period
• Verify, on a sample basis, whether estimates have been prepared for all
works executed during the audit period
• Verify the basis of preparation of project estimates. Verify whether the
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