Chapter 1 — MSO

286 Section VI – Inspections and Local Audit Chapter 1 – General Instructions • Introduction 6.1.1 287 • Audit objectives and scope – Inspection 6.1.2 287 • Local audit 6.1.5 288 • Audit approach – Demarcation of duties 6.1.7 288 • Responsibilities of inspecting officers 6.1.8 290 • Audit planning – Biennial audit plan 6.1.9 290 • Annual audit plan 6.1.11 291 • Use of risk assessment methodology in audit planning 6.1.14 291 • Creation of data bank 6.1.15 291 • Guidelines/Instructions to audit parties 6.1.16 292 • Rapport with auditee organisations 6.1.18 292 • Applicability to public works and forest audit 6.1.19 292 • Communication of results of audit 6.1.20 292 • Other guidelines 6.1.25 294 • Annexure – Distribution of work among personnel in Civil Audit Parties 295 Chapter 2 – Inspection of Public Works Offices • Arrangements for inspection 6.2.1 297 • Thrust areas of audit scrutiny 6.2.5 297 • Communication of results of audit 6.2.6 298 • Other guidelines 6.2.14 299 • Annexure – Distribution of work among personnel in Public Works Inspection Parties 300 Chapter 3 – Inspection of Public Sector Banks • Objectives and scope 6.3.1 304 • Responsibilities of Inspection staff 6.3.4 304 • Audit of pension payments 6.3.6 305 • Communication of the results of audit 6.3.7 305 Chapter 4 – Inspection of Public Debt Offices • Scope of audit 6.4.1 307 • Guidelines for audit 6.4.2 307 • Communication of the result of audit 6.4.3 307 Section VII – Results of Audit Chapter 1 – Raising and Pursuance of Objections • Introduction 7.1.1 308 • Treatment of objections 7.1.2 308 • Communication of audit observations – General principles 7.1.6 309 • Reports on defalcations and losses 7.1.8 310 • Pursuance of audit observations 7.1.10 311