Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
• Verify whether the signature of the remitter has been obtained on
every receipt
• Verify whether all items of receipt of money have been duly
brought into account
• Verify whether all unused receipts are intact and the serial
numbers are continuous
27 Vouching of Payments • Weak control over payments • Verify whether every payment is supported by a valid voucher
• Verify whether the voucher relates to the society and to theperiod
under review
• Verify whether all vouchers after having been passed for payment
are defaced in order to prevent the possibility of production of the
same voucher in support of two different payments
27 Verification of Bank Balance • Absence of a reconciliation mechanism
between balance as per Cash Book and
Pass Book
• Verify whether the bank balance as per Cash Book is checked
with the Reconciliation statement furnished by the bank
• To guard against any fraudulent substitution of a dummy pass
book, the auditor should obtain a certified statement of balance
from the concerned bank or the post office
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