Question

Special Issues in the Audit of Hospitals.

20 Jun 2017
Answer :
Word Count : 665

Issues in the Audit of Hospitals in different area are -

Preliminary Audit of Hospitals

An Auditor should follow the below mentioned procedure while conducting Audit of a hospital −

  • He should obtain a list of books, documents, register and other records as maintained by the Hospitals.
  • He should examine the audit report of last year and should note down qualifications, if any.
  • He should examine the system of receiving grants and donations, whether received through cheque or otherwise.
  • According to the overall objectives of audit, he should examine the scope of responsibilities.
  • He should note down the important clause of Trust Deed or Charter, which may affect the audit and accounts of hospitals.
  • He should examine the Minutes of Meetings of the Board of Directors/Trustees or the Managing Committee. He should note down the important decisions concerning the financial transactions relating to fixed assets, investment and financial powers as required by him during his audit.
  • He should examine the internal control system regarding purchase of fixed assets, medicines, stores, consumables, clothing and provisions, etc.
  • He should examine the internal control system for recording of purchases, issue and storage of all items
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