Theme
based audit
v Introduced in the year 2006 @ CAG
audit
v Usually Audit inspections have become
routine in nature. That means
concentrate on the bills, vouchers submitted to the accounts office by the
Executives.
v Regular audit inspections are not
contributing any major system improvement.
v So to obviate the above limitations
in the regular audit and as a system improvement, Theme based Audit introduced at CAG audit
inspections in the year 2006.
v In Railways Accounts administration
too, Internal Audit Cells (formed around 1993 year) are advised to carry out
the "THEME BASED AUDITS" for system improvement.
v Procedure of "Theme based
Audit" in Railway administration is as follows.
(Authority: Railway Board letter
No. 2015/AC-II/20/16 dated 20.10.2015. Click here for letter - )
1.
Identification of 2 subjects per year by FA&CAO in Zonal
Railway/Production Unit.
2.
Holding entry level conference with concerned PHOD's in presence of General Manager.
3.
Nomination
of Nodal officer in each dept. to facilitate system audit.
4.
Completion
of Internal Audit Report.
5.
Holding
Exit conference on the Draft Internal Audit
Report by FA&CAO with PHOD concerned in the presence of General Manager.
6.
Finalization
and submission of Final Internal Audit Report to PHOD concerned.
7.
Concerned
PHOD will submit ACTION TAKEN REPORT thereon to
General Manager through FA&CAO along with copy to Railway Board (within 90 days)
8.
Salient
features of the Internal Audit Report will be shared with all the Zonal
Railways for information and system improvement.
9.
Executive
Director/Finance Commercial is the Coordinator at Railway Board for Theme based
Audits.
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South Central Railway - Theme based Audit subjects
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2015-16
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2016-17
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1. Inventory mgmt. & accountal of
HSD oil at RCDs
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1. Track materials - Procurement,
Accountal & Utilization
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2.
Procurement, utilization & accountal of Sand by RCDs & Sheds
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2. Freight loading - Unmet demand for
Wagons & solutions
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Note:
Candidates
are advised to understand the above one carefully, as it is the latest topic in
Audit side and expect short notes question in Appendix 3 (IREM)
exams/LDCE. 5
marks question asked on this subject in LDCE -SWR 2016 Paper I.
****