Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
40 Revenue generation • Revenue loss
• Low Productivity
• Verify whether there is a shortfall against targets set for achieving
revenue during the year
• Verify whether all revenue generating cooperatives maintain a
record of sale and purchase of products
• Verify whether an input-output analysis with respect to specific
industry (Milk Federation, Sugar Mills, Fisheries, etc.) is carried
out
• Sugar Mills:
Verify whether efficient use of bagasse, molasses, steam
and power is done
Verify whether norms are fixed for generation of bagasse,
molasses
Verify whether a control mechanism is in place to ensure
economical production of sugar
Verify whether there is a shortfall in the procurement of
sugarcane, which is attributable to the inordinate delay in
making payment for sugarcane procured
Verify whether norms were fixed for generation of bagasse,
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