Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
16.2 Detailed Audit Checklist
Sr. No Activity Risk Audit Steps
A
Internal Controls
1 General checks to be conducted at the
Corporations
• Non adherence to rules and regulations
• Find out the following facts from the corporation being audited:
The administrative department under which the
Corporation being audited carries out its functions
The acts/ rules under which the objectives and functions
of the corporation are governed
The bye-laws of the corporation
The composition of the board of the corporation
• Verify whether the policies of the corporations are financially
viable
• Verify whether the Corporations are functioning effectively
• If not, have any steps been taken to improve the state of the
corporations. Has any expert been hired to seek opinion on
making the working of the corporations more effective
• Verify whether the financial transactions carried out by the
corporation are in accordance with the instructions issued by
Page 519 of 705