Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
• Verify whether Interest accrued is correctly calculated and posted
• Verify the particulars of original mortgage bond and insurance
cover (if applicable) are noted in the remarks column,
wherever necessary, and the dates of first insurance and
subsequent renewals watched
• Verify whether the fact that the Government servant concerned
has accepted the balance is cited in the remarks column
• Verify whether the interest is recovered as contemplated in the
rules
8 Imprest advance register • Cash payments/ reimbursements without
adequate approvals
• Surprise checks not conducted leading
to misappropriation of funds
• Check that the imprest cash funds are kept at secure place
• Check that the imprest cash custodian has no other cash receipt
or payment function
• Check that the access to the imprest cash fund should be
restricted to the custodian and back up person
• Check that the imprest cash is kept separately from all other funds
• Select an appropriate sample for imprest cash
payments/reimbursements and perform the following procedures:
Check that the imprest cash payments are supported by a
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