Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
• Verify whether there are any divergent trends in major items of
income and expenditure, which are not satisfactorily explained by
the branch, report the same , if any
• Indicate the effect of changes, if any, in accounting policies on the
items of income and expenditure
32 Internal Controls • Lack of adequate Internal controls in the
bank leading to chances of fraud
1. Books and Records
• Carry out a general scrutiny of the books of accounts and verify
whether they have been properly maintained, with balances duly
inked out and authenticated by the authorized signatories
• Verify and Indicate the position relating to balancing of the books
examined – maintenance and balancing of accounts, ledgers and
registers including Clean Cash and General Ledger
2. Reconciliation of control and subsidiary records
• Verify whether the figures of the control and subsidiary records
have been reconciled as at the year end. If not, the last date upto
which such figures have been reconciled should be given under
the respective heads
3. Inter-branch Accounts
• Obtain details of a year wise break-up of outstanding entries in
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