Audit Manual - Core Treasury System Uttarakhand

Government of Uttarakhand
Audit Manual
Sr. No Activity Risk Audit Steps
• Instances where approval of requisition is delayed, verify whether reasons for
delay are documented and duly approved
5 Segregation of duties (Existence
of Maker-checker control)
• Risk of unapproved/ unauthorized
purchases
• Misappropriation of funds
• Verify who all in the department are authorized to raise a requisition form
• For sample requisition forms verify that all forms are raised by authorized
personnel
• Verify whether list of personnel/ approving authority for approval of requisition
forms is defined or not
• Verify whether the person raising the requisition form is different from the
person approving the requisition form
• Verify whether there is segregation of duty with respect to raising an approval
of requisition form
B
Procurement of Goods
(All procurement procedures should be followed with transparency, competitiveness and fairness, to secure best value for money spent)
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