Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
• Verify whether non-moving and obsolete items are identified and
kept separately.
• Verify whether the stock account of the Stores has been properly
maintained.
• Verify whether the stock can be are traced in the receipt column
of the stock register at the time of passing the bills for which
payments are claimed.
• Verify whether the entries are accurately made in the stock
register with respect to issued stock.
• Obtain reasons for deviations and report as observation.
42 Capital Expenditure • Unapproved capital expenditure
• Delay in procurement of capital items
• Obtain capital expenditure plan fro the audit period
• Verify whether every capital expenditure request is approved by
competent authority
• Verify whether disposal plan is given for the old item in case
capital expenditure is being incurred for replacement of asset
• Verify whether there are no long pending capital expenditure
requests
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