payroll audit
This query is : Resolved
07 October 2009
Can any body provide me help on payroll audit.
07 October 2009
Before conducting the audit of a payroll you will require answers to the following:
1 What is the purpose of the audit?
2 Is this an assignment for a particular purpose?
3 What is the period to be covered?
4 What is the volume of work involved/
5 What are the internal controls and checks involved and how effective they are?
6 Who are all involved in its preparation the kind of software used and output generated
7 Whether certain reports are processed outside the payroll package used?
8 Input data sources and reliability?
9 The depth of audit depends on answers to the above based on which u can plan the audit
10 Certain points have been left out and many will arise while conducting the audit.
1 What is the purpose of the audit?
2 Is this an assignment for a particular purpose?
3 What is the period to be covered?
4 What is the volume of work involved/
5 What are the internal controls and checks involved and how effective they are?
6 Who are all involved in its preparation the kind of software used and output generated
7 Whether certain reports are processed outside the payroll package used?
8 Input data sources and reliability?
9 The depth of audit depends on answers to the above based on which u can plan the audit
10 Certain points have been left out and many will arise while conducting the audit.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation of fixed assets- coop housing society in mumbai
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Reopen of assessment proceeding
- TDS on Consultancy- Non DTAA
- Eway bill generation from place other than registeted
- GST rate and HSN code for sale of racing horses
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Rental income gst and it purpose
- Management System (IMS)
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
