Para 3.8.11 — MSO
MSO
Original Rule Text
Preliminary Studies
3.8.11 Review of the selected project/scheme is to be planned and carried out in an effective manner. Various phases of scheme reviews can be broadly categorised as follows:
(i) Preliminary study of the selected project/scheme.
(ii) Development of Audit Plan.
(iii) Execution of the Audit Plan, including substantive testing and adoption of other detailed audit procedures to gather evidence.
(iv) Drafting of the Review Report and draft recommendations.
(v) Approval of Review.