audit companies rarely refers to the entire spectrum of financial operations carried out by it, and are generally directed to only one specific type of operations.That is why the distinction is made between these types of inspections, as the capital of an audit, the audit of payments to suppliers and others.Each of these types has its own specific audit and requires a specific approach.In this article we will talk about such a check as the audit Payroll.
First of all, we need to sort out who is the accountable persons.Accountable person can be any employee of the company.Accountability becomes the moment when it receives the money to buy anything for the company.It is also considered to be accountable to the person to whom the power of attorney was discharged to receive already paid goods.More persons are accountable to business travelers, who pay accommodation and food during the trip.After the trip, or the quest accountable person makes a report which describes in detail all expenses incurred during the trip, in order to then company reimbursed him the money spent.
Audit Payroll is the analysis of the presence of stamped travel documents, checking all the mission reports and sales receipts for purchasing goods.However, the auditor should not only ensure that all the facts of purchases actually took place and documented, but also check that the price of purchased goods market prices.For this reviewer can send letters to independent experts (who may act in this case, even simple representatives of other trading firms), which will conclude on whether the market price of the purchased goods.
As a rule, employees of the company bought on the money accountable to low value items (stationery, supplies, ink cartridges, and so on) that can be mistakenly classified as accounting objects belonging to other categories.There are cases where negligent accountants calculators attributed to fixed assets, so the audit Payroll also includes checking the subsequent determination of the purchased item in a particular category of objects and, of course, need to check the correctness of all financial calculations.Figuring out the way in which the employee received the funds, the amount of funds returned to them and cover the difference in either direction.It is necessary that the audit Payroll includes checking all documents, namely the statement issuing accountable for money, which must sign an employee receipts and report employee, he shall provide the accounting department, the statement of a residue of money, as well as document,confirming the issuance of additional funds to the employee if he had to add their own money to buy the goods.
This type of audit is in principle not very complicated, and does not go to any comparison of the complexity of such kinds of checks, like, say, an audit of calculations with the founders, especially if their share in the authorized capital of change over time.Therefore, this type of test has a relatively short time, and does not require viewing a large number of documents.Most often, this type of audit is included in a comprehensive review as one of its parts in order to not to make a separate check, and as a result, save both time and financial resources, since the services of auditing firms are quite expensive, unless, of course, the companyIt uses the services of a well-established audit office.
