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.
CAclubindia
