For most employers, the payroll department is the biggest fear –particularly for the payroll department. Whether it is for hour and wage law or IRS compliance, suffering through an external audit is something that all would try to avoid, and rightly so.
How about you conduct an internal audit of your own to look for areas of noncompliance? Would it not be convenient and also cheap in the long run, to know your own compliance issues? To resolve where something went wrong without having the stress of an external auditor’s penalty calculator looming over you?
That is what expert speaker Vicki M. Lambert, CPP will cover in this session. You’ll learn how to do an internal audit to ascertain where there are compliance issues before the Department of Labor or the IRS does it for you.
Compliance issues is not the only thing that you need to be concerned of. In this day and age, fraud is everywhere around us and even the payroll department is not immune from it. In this webinar, Vicki will discuss how conducting an internal audit can ascertain whether you have been subject to fraud or not and also assist you in preventing internal fraud in the future.
You will learn the ways of conducting an internal audit, what resources are required to verify the compliance requirements, how an audit has to be set up and conducted and what can be done if you find compliance issues. There will be charts which will demonstrate the basic areas that need to be audited under both IRS and the DOL. You will gain knowledge in conducting such an audit in a productive manner and the tools to conduct the audit while still maintaining a hectic payroll processing schedule. Plus, you will learn ways to assist in convincing management the need for such an audit and it is preferable to the alternate—an external audit.
Who Should Attend
Vicki M. Lambert CPP
Vicki M. Lambert, CPP is President and Academic Director of The Payroll Advisor™ a firm specializing in the training of payroll professionals. With over three decades of hands-on experience in all facets of payroll functions as well as over 20 years as a trainer and author, Ms. Lambert is a sought-after ... More info