Purpose

Verification of books, accounts and records needs to be conducted in accordance with the directions of MoRD.

Reference to Guidelines

NA

Prerequisite/s                    

Instruction from MoRD

Time for completion                  

As per the activity table below       

Resource/s

To be specified as per thematic verification

Process owner

For APS: SRLM finance team

For YPS: CTSA finance team

 1

Conduct verification of records and books as per the instruction from MoRD

SRLM finance team (in case of APS) and CTSA finance team (in case of YPS) along with MoRD empanelled auditor

25 days of instruction

-

 2

Issue Thematic Verification Report with a copy to MoRD, directing PIA to address deviations, if any observed

SRLM finance team (in case of APS) and CTSA finance team (in case of YPS) along with MoRD empanelled auditor

25 days of instruction

SF 8.12A: Thematic verification report

 3

Comply with the Thematic Verification Report of SRLM/CTSA and submit a Compliance Report with a copy to MoRD

PIA OP Team (Finance)

5 days of issue of Thematic Verification Report to PIA

SF 8.12B:

Compliance to the thematic verification report to be submitted by PIA to SRLM/CTSA

 4

Review the Compliance Report submitted by PIA and issue Final Thematic Verification Report with a copy to MoRD. Generate notice, in case of deviations not addressed.

SRLM finance team (in case of APS) and CTSA finance team (in case of YPS) along with MoRD empanelled auditor

15 days of submission of Compliance Report by PIA.

If Final Closure Thematic Verification Report is not sent by SRLM/CTSA, as the case may be, then it is deemed that PIA’s compliance report is accepted

SF 8.12C: Final thematic verification report by SRLM/CTSA