Internal audit report
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 February 2018
Can anyone provide a sample internal audit report for Toll company or atleast a checklist for vouching the accuracy of toll revenue ?
09 February 2018
Revenue Assessment audit of Toll Plaza is a very technical subject. There is no specific checklist and checks will vary on case to case basis.
Majorly, following points need to be ensured:
- There should be no leakages
- Cash Collection is duly accounted for or not
- System accuracy needs to be checked. Reprint and delete option should not be available with the toll operators or management
- Take out the audit log of the reprints of bill done. This will give a direct indication of a possible fraud
- Take out the audit log of the bills deleted from the system. This will again give a direct indication of a possible fraud
- System walkthru should be properly done
- Try to do the input output analysis with respect to the paper roll used for collecting toll
- Data analysis should be properly done to ascertain the possible gaps and for sample selection
I have previously done lot of audits of Toll Plaza Operations and you can Direct Message me for any further help.
Majorly, following points need to be ensured:
- There should be no leakages
- Cash Collection is duly accounted for or not
- System accuracy needs to be checked. Reprint and delete option should not be available with the toll operators or management
- Take out the audit log of the reprints of bill done. This will give a direct indication of a possible fraud
- Take out the audit log of the bills deleted from the system. This will again give a direct indication of a possible fraud
- System walkthru should be properly done
- Try to do the input output analysis with respect to the paper roll used for collecting toll
- Data analysis should be properly done to ascertain the possible gaps and for sample selection
I have previously done lot of audits of Toll Plaza Operations and you can Direct Message me for any further help.
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