Para 3.8.39 — MSO

Suggested Layout 3.8.39 The following layout with such modifications as may be necessary in respect of individual reviews based on their scope and content or special features could be adopted in respect of audit reviews of State schemes and programmes:

(i) Introduction -- Brief description of the project/scheme/programme and its objectives with sub-objectives; details of the inputs or action plan identified in the project/scheme document to achieve the stated objectives.

(ii) Scope of Audit – Extent of coverage, size of sample, etc.

(iii) Organisational arrangements.

(iv) Highlights.

(v) Allocation of financial resources and flow of funds.

(vi) Physical and financial targets.

(vii) Utilisation of financial assistance/ resources – Critical analysis of the expenditure actually incurred on the project/scheme with reference to allocations/targets, including irregularities in expenditure, instances of diversion or misuse of funds (see Annexure-2).

(viii) Output analysis – Critical analysis of the goals, achievements and shortfalls in respect of each component/sub-component of the project/scheme, including deficiencies in implementation.

(ix) Utilisation of materials/equipment.

(x) Creation of assets and their utilisation.

(xi) Manpower resources and their utilisation.

(xii) Impact assessment – Realisation of socio-economic objectives – Achievements and shortfalls -- Observations on efficacy and cost effectiveness of the project/scheme.

(xiii) Arrangements for monitoring and evaluation.