Sometimes an employer might be required to undergo a payroll audit. Sometimes the audit is specific or it might be a complete payroll audit required by the federal or state government. The employer should follow some basic procedures to have a successful audit.
Receipt of Notice
An employer usually receives an audit request by mail. The letter usually states the documents the employer must have ready by the audit. The mail recipient must forward this information immediately and directly to the appropriate party.
The employer is required to closely follow the instructions outlined in the audit request. Typically, payroll registers, W-2s, tax filings and payroll accounting documents are requested.
Before the day of the audit, the employer should ensure he has all the required documents. If not, he can fail the audit because he did not provide all the requested information.
On the day of the audit, the employer should be courteous to the auditor but should also only offer information that has been requested.
After the auditor leaves, the employer should file all documents relating to the audit. Typically, the auditor will mail the results of the audit, but the employer can contact the auditor if no correspondence has been received.
- Photo Credit Stock.xchng
Payroll Audit Checklist
Audit Procedures Checklist; Payroll Audit Programs; How to Process Audit Checklists; Comments You May Also Like. Procedures for a Payroll Audit.
What Is a Ghost Audit?
A ghost employee is the name for a person listed on payroll who is not an actual employee of the company. However,...
Documentation Audit Checklist
Payroll Audit Checklist. Payroll Audit Checklist. Conducting a payroll audit requires access to the proper employment records and payroll documents.
Substantive Audit Procedures
Procedures for a Payroll Audit. List of Audit Procedures. Definition of Audit Procedures. Featured. 6 Ways to Travel on the Cheap. Read...
Insurance Audit Checklist
Insurance audit programs are a combination of software, ... Conducting a payroll audit requires access to the proper employment records and payroll...
Payroll Policy & Procedures
Payroll Policy & Procedures. A payroll policy describes the payroll process as it relates to administration of salaries, ... Procedures for a...
Audit Assertions & Procedures
Procedures for a Payroll Audit. Types of Audit Procedures. Audit Procedures to Ensure the Existence of Assets. Define Financial Statement Assertions. Featured.
Payroll Processing Checklist
Conducting a payroll audit requires access to the proper employment records and payroll documents. Before proceeding to undertake a... Payroll Tax Checklist.
Payroll procedures are controls, ... Procedures for a Payroll Audit. Sometimes an employer might be required to undergo a payroll audit.
Definition of Audit Procedures
Procedures for a Payroll Audit. The Timing of Audit Procedures. How to Design Audit Procedures. The Procedures of Audit Programs. List of...