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THE PAYROLL AUDIT IBD

ROBERT LEACH
TRIARCHY PRESS LTD
08 / 2010
9780955970795
Inglés

Sinopsis

Ensure that payroll is punctual, accurate, secure and used effectively as a management tool Managing the payroll is often seen as a purely administrative function. But, aside from the legal and financial implications of payroll errors, payroll has significant implications for the organisation as a whole. So this 6-Step audit first of all ensures that your payroll:&bull, Meets all relevant legal requirements&bull, Is secure against the risk of mistakes and internal and external fraud&bull, Is managed efficiently and cost-effectively&bull, Is supplied with timely and accurate information about all employeesThen it goes on to consider the overall role of the payroll function and allows you to consider:&bull, How the payroll function could be better integrated into the HR function&bull, Whether any of the information held by the payroll function could usefully (and legally) be shared - e.g. flexible working schemes may hold two sets of time and attendance data&bull, How far payment methods and timetabling meet employees', needs and the needs of the company&bull, Whether payroll resources could be used by other departments at ',quiet', times&bull, Whether payroll should be seen as a separate profit centre, and how it might earn revenue.