School audits

1.If the school is new,go through purchases made like bricks etc ,and whether the purchased item are capitalized or not.

2.Verify the Incomes received mainly by way of fees.Make a statement for cross verification wtih books of account of fees if the school maintains fees datails on erp system through websites/having different doftware for fees purpose.

3.Verify cash book.

4.Many scholls provide today facility to its students regarding books and school dress in the school's own store room,so check if any other account is maintained for that or not.

5.Make cash verification without informing.

6.Tally the payment made to staff as salary with tds statement from bank account and if doesnt tally reconcile it.

7.How many buses,students,number of classes,number of staff exists,take a general view.