Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
was originally issued should not be allowed
H
Running Account bills and Payment
23 Checking of Running Account
(RA) bills
• Mismatch between rate as per RA Bills
and contract
• Incomplete details being recorded on RA
Bills
• Lack of adequate approvals being
obtained on the RA Bills
• Obtain the payment vouchers and copies of RA bills for a sample period
• Verify whether rates adopted for various items
of work are in accordance with the contract agreement
• Verify whether the Contract Agreement Number and date,
Work Order number and date, date of commencement
of work and date of completion of work as per
agreement, extension of completion time granted by the competent
authority, if any, has been correctly indicated in the bill
• Compare the running account bills with the previous bill to check its
correctness
• Verify whether the on account bills are signed by the contractor or the
authorized representative with date
• Verify whether all recoveries such as supply of rent,
water and electricity charges and hire charges
of plant and equipment etc have been made properly
• Verify that all cheques/payments should be signed and approved by two
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