Para 3.11.15 — MSO

3.11.15 Checks to be exercised in Central Audit are as follows:

(i) Verification of plus and minus memoranda to determine whether

(a) Personal Ledger Accounts have been opened according to statutory provisions or with the specific authority of the Accountant General (A&E);

(b) Accounts that are required to be closed at the end of financial year have been closed; and

(c) credits shown under various deposit heads of account have been correctly classified.

(ii) Vouchers furnished by the administrators of Personal Ledger Accounts along with the monthly accounts should be audited to verify that the payments have been made in conformity with the relevant rules.

(iii) Examination of minus balances, if any, in the Deposit heads of account.

(iv) Scrutiny of vouchers relating to repayments of Civil Deposits to ascertain if these have been made correctly from the concerned Deposit head of account and the officer authorising repayment is competent to do so.

(v) If the Financial or Treasury Rules of the State Government provide for maintenance of the Local Fund Accounts with reference to various individual schemes or projects, it should be verified from the plus and minus memoranda that the relevant provisions have been duly observed.

Chapter–12 Audit of Service, Provident and Other Funds Audit Objectives and Scope