Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
carelessness in accounting
Drawing from treasuries of money not required for immediate use
Abandonment of revenue without proper sanction e.g., sale of
Government property below market rates, or reduction of dues
payable under a license or lease without the sanction of the competent
authority in each case
Any large claim against another Government local body or other
outside party allowed to remain outstanding for an unduly long time
Any irregularity connected with a contract, such as -
‣ Placing of a contract without obtaining competitive tenders in an open
and public manner except in cases where the necessity for obtaining
such tenders has been waived by any general or special rule or order
by the competent authority
‣ Acceptance without adequate reason, of a tender other than the
lowest
‣ inadequate scrutiny of tendered rates before acceptance ;
‣ Unsuitability of the form of contract ;
‣ failure to complete all necessary formalities connected with a contract,
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