Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
• Whether there is any case, where the branch has not obtained
loan application in appropriate forms prescribed by the Head
Office during the year
• Whether the branch has complied with the procedures/
instructions of Head Office regarding preparation of proposals for
grant/ renewal of advances, enhancement of limits etc.
• Analyze the major shortcomings in Credit appraisal
b. Sanctioning/ Disbursement
• Verify whether there are any cases of credit facilities having been
sanctioned beyond the delegated authority or limit of the branch.
Verify whether such cases are reported to the higher authorities
• Verify whether there are any cases of disbursement having been
made under the credit limits without complying with the terms and
conditions of the sanctions
c. Documentation
• Verify whether there are any cases of credit facilities having been
released by the branch without execution of all the necessary
documents. If so, give details of such cases
• Verify whether any cases of deficiencies in documentation, value
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