Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
• Check that till the time it is not known that to which works the reserve
stores are to be debited, they are accounted for in a suspense account
of stock
• Verify whether all road material is charged at once to the minor head
―repairs‖ and when the road material is acquired specially for use in the
construction of a road or other work, its cost is debited to the estimate
for such construction
• Verify whether all purchases made for the requirements of works
generally are accounted for under the suspense head ―stock‖
• Verify whether all purchases made specially for a work are charged to
that work
27 Reserve of Stock
(Refer Para 183, 184 and 192 of
Volume VI , Financial Handbook)
• Inadequate reserves resulting in delay in
construction activity
• Unauthorized maintenance of reserves
• Verify the basis of deciding the quantity of reserve stock to be
maintained, the quantity of reserve stock should be neither to less nor
too much
• Verify whether specific sanctions are available for procuring reserve
stock
• Verify whether reserve stock is procured only upto the monetary limit
prescribed by the Government
• Check that all these stores are not debited at once to any specific work
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