Internal Control Over Payroll

Related BrainMass Solutions

• Describe in detail the controls over payroll in auditing.

  Internal Control Practices: Payroll. Retrieved from http://blink.ucsd.edu/finance/accountability/controls/practices/payroll.html Yale. (2002.). Internal Control Guide - Payroll.

• payroll process

  No periodic random check matching names on the payroll to actual people in the company. The failure in the company's internal control over its payroll process is briefly articulated.

• Fraud - Conditions and Type

  Each of the above situations described is the direct result of a lack of internal control. A strong, effective internal control environment mitigates the risk of fraud.

• Internal controls over payroll including audit procedures

  General comments about internal controls over payroll processing: The key issue in payroll is to have at least two people involved in the production, payment and distribution of payroll.

• Internal controls related to the payroll cycle

  62950 Internal controls related to the payroll cycle Please provide an explanation of the strengths and weaknesses of the internal controls related to the payroll cycle.

• Payroll Fraud: Internal Controls

  When the proper internal controls are in place, this type of fraud is quite simple to detect, as stated. Even smaller companies can have certain controls in place. The main control is a segregation of duties.

• This post addresses COSO internal controls & related issues.

  In my company, when implementing internal control procedures through the AIS for payroll or for A/R, we also had to take into consideration the costs-benefits.

• Which of the following internal control procedures would

  496741 Which of the following internal control procedures would Which of the following internal control procedures would prevent an employee from being paid an inappropriate hourly wage?

• Audit of Manor Company: Review and Test Payroll Transaction

  There is an internal control weakness with each of the 7 areas cited, but the worst involves concentrating too much of the procedure in the hands of one person.