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 ...

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 ...

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 ...

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 ...

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