Payroll can account for 50 percent of the expenses for a small business, so it makes sense to audit your payroll on a regular basis. A good time frame for scheduling a payroll audit is at the end of ...

Just as you conduct routine audits on other general ledger activity, you should also audit the payroll accounts. It is important to periodically verify that the transactions that post through your ...

The American Institute of CPAs has released a set of questions and answers on the topic of payroll compliance for multiemployer plans, along with some new Q&As about familiarity threats for senior ...

IRS audits are stressful and costly. Learn best practices and tips that will reduce your chances of getting audited by the ...

Feb. 7—An independent audit has confirmed that understaffing, a lack of internal controls and software issues combined to cause recent payroll problems in the Portland school department. The audit ...

Five Broward County schools botched their staff payroll, paying some employees for time not worked and others overtime that was never approved, two school district audits found. The audits identified ...