Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
per the financial delegation defined in financial handbook or any other defined
Delegation of Powers and whether the approved requisition within financial
limit
• Verify that proper budget reference is given in the requisition/requisition form
• Verify whether for capital items, reasons for procurement are documented
and duly approved by competent authority
• Are there any requisitions maintained for Imported items
• Check whether requisitions for imported items are properly approved and
reasons for import are clearly documented
• Verify requisitions which are approved and no action is taken within 30 days
of approval
• Verify whether duplicate requisitions with same serial number are not
generated/issued
• Whether for same material more than two requisitions are generated during
the year, for such cases verify whether the need for material is justified
3 Verify that requisitions are not
raised for material already in
stock to prevent excess
• Purchase of material already in
stock leading to excess
procurement
• For the sample requisitions selected verify the frequency of ordering of such
material (is it a recurring/ non recurring expenditure)
• Check stock register as on the date of Requisitioning for availability of
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