Chapter 5 — MSO

Chapter 5 – Audit of Grants-in-aid • Introduction 3.5.1 93 • Audit approach 3.5.2 93 • Issues for audit scrutiny 3.5.8 93 • Submission of utilization certificates 3.5.18 96 • Grant made for a specified object 3.5.21 97 • Grants to non-government or quasi-government bodies or institutions 3.5.22 97 • Audit of scholarships 3.5.23 97 Chapter 6 – Pension Audit • Audit objective and scope 3.6.1 99 • Source documents 3.6.4 99 • Audit approach 3.6.5 99 • Issues for audit scrutiny – Pension cases 3.6.9 100 • Pension vouchers 3.6.13 102 • Anticipatory/Provisional pensions 3.6.16 102 • Gratuity 3.6.18 103 • Commutation of pension 3.6.20 103 • Territorial and political pension 3.6.22 103 Chapter 7 – Audit of Contracts • Audit objectives and scope 3.7.1 104 • General principles governing audit of contracts 3.7.2 104 • Source documents 3.7.6 105 • Arrangements and procedures for central audit 3.7.7 105 • Issues for audit scrutiny 3.7.11 106 • (A) Audit of sanctions 3.7.12 106 • (B) Audit of acceptance of tender/contracts/agreements 3.7.13 107 • (C) Audit of bills for purchases and supplies of stores 3.7.15 108 • (D) Audit of accounting of stores 3.7.17 109 • (E) Local audit of contracts, bills for purchases etc. 3.7.18 109 • Audit of transactions relating to contracts of department of supply 3.7.20 111 • Payments made abroad for stores, supplies etc. • (A) Store purchases 3.7.22 112 • (B) Freight charges 3.7.26 113 • (C) Other payments to suppliers abroad 3.7.27 114 Chapter 8 – Efficiency-Cum-Performance or Value for Money Audit • Audit objectives and scope 3.8.1 115 • Aspects to be covered and source documents 3.8.5 116 • Approach for reviews 3.8.7 117 • Criteria bases audit 3.8.9 117 • Selection of subjects 3.8.10 117