Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr No. Term Meaning
78 transaction
It includes any act which results in outflow or inflow of public money , acquisition or transfer of any assets , store or stock or
acquisition of a future liability or right to receive income or assets
79 Test Audit
Tests of controls are audit procedures performed to evaluate the effectiveness of either the design or the operation of an internal
control. Tests of controls directed toward the design of the control focuses on evaluating whether the control is suitably designed
to prevent material weaknesses
80 Treasury Treasury of the State and includes a Sub-Treasury
81 Treasury officer The officer in immediate executive charge of a Treasury (includes Sub- Treasury officer)
82 Treasury Rules The rules issued by the Governor under Article 283(2) of the Constitution
83 Verify
To check the selected sample in detail and analyze it in context with the rules framed under the Financial Handbook/Government
orders etc. issued from time to time and to report the deviations observed in the audit report
84 Votable / Voted expenditure Expenditure which is subject to the vote of the Legislative Assembly. It is to be distinguished from 'charged' expenditure
85 Vote on Account
A grant made in advance by the Legislative Assembly, in pursuance of Article 206(I)(a) the Constitution, in respect of the
estimated expenditure for a part of new financial year, pending the completion of the procedure relating to the voting of the
demand for grants and the passing of the Appropriation Act. The annual financial statement is generally presented to the
Legislature in the month of February and normally the general discussion thereon in both the Houses, the voting of the demands
for grants by the Legislative Assembly and the passing of the Appropriation Act are expected to be completed before the end of
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