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Payroll Audit

SME Business Management Consultancy audit payroll processing as part of regular business operations.

Payroll is simply total amount required to pay workers and employees during a week, month or other period. In other words Payroll is Pay sheet which records, wage rates, deductions, and net pay.

SME provide complete record of wage rates, deductions and net pay with the help of financial accounting software.

SME Payroll Audit Procedures:

  • SME management team verify active employees and pay particular attention to recent changes on employee job status.
  • Verify pay rate for each employee.
  • SME management ensure review hours paid by using tracking device to record employee hours worked.
  • Compare Payroll Reports to General Ledger
  • Review Payroll Tax Submissions

  • SME team reviews the bank reconciliation for all payroll account.
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