Audit. Checking payroll calculations with full-time and freelance personnel (the most important)

Free technical library

Lecture notes, cheat sheets
Free library / Directory / Lecture notes, cheat sheets

Audit. Checking payroll calculations with full-time and freelance personnel (the most important)

Lecture notes, cheat sheets

Directory / Lecture notes, cheat sheets

Comments on the article

Table of contents (expand)

49. VERIFICATION OF PAYMENT CALCULATIONS WITH STAFF AND FREESTATE PERSONNEL

Purpose of the check:

1) compliance with applicable labor laws;

2) the correctness of payroll, personal income tax deductions and UST accrual;

3) documenting and accounting for all types of settlements between the enterprise and its employees;

4) determination of the validity and correctness of the calculation of basic and additional wages, various additional payments and deductions;

5) the correctness of accounting for payroll calculations both for individuals and for the enterprise as a whole.

Information sources:

1) company regulations;

2) orders, orders;

3) the staffing table;

4) contracts;

5) contracts of a civil legal nature;

6) personal insurance contracts, etc.

Verification plan and program. Initially, the auditor needs to find out the state of the regulatory framework and accounting on relevant issues, get acquainted with the staffing table, orders of the organization’s directorate on the enrollment of employees in positions with the assignment of salaries (for a sample), concluded employment contracts, provisions on remuneration and bonuses, the state of timesheets, registration payroll and payroll statements, employment agreements, work contracts and other documents related to remuneration. When checking payroll settlements with personnel, the auditor must establish: what forms and systems of remuneration are used in this organization (time-based, piece-rate, piece-rate); list and average composition of employees; who keeps records of settlements with personnel regarding wages, what regulatory documents the accountant uses, to whom he reports, who checks the quality of his work.

It is necessary to check the authenticity of primary documents, their compliance with the requirements of regulatory documents for the calculation and payment of wages, the presence of signatures of officials responsible for accounting for the work performed, whether there are any unspecified corrections and erasures in the documents. Particular attention is required to check the timeliness of repayment of the amounts of advances and overpayments previously issued to the employee, the correctness of deductions from wages for accountable amounts and compensation for material damage, as well as for loans received, etc. The total amount of all deductions from the employee’s wages should not exceed 50% monthly salary. When checking, it is necessary to find out the correctness of deductions from personal income tax wages, alimony, as well as the validity of settlements with depositors. Check the applications of employees for the provision of standard tax deductions when calculating personal income tax.

Generalization of test results. Working Papers of the Auditor are tables to reflect spot checks on accruals and deductions. When checking, it is necessary to establish the causes of deviations, to give recommendations for eliminating the identified deviations. Recommend the organization the optimal staffing.

<< Back: Checking the documentation of labor relations

>> Forward: Audit of production costs and circulation. cost calculation

We recommend interesting articles Section Lecture notes, cheat sheets:

▪ International law. Crib

▪ Customs business. Crib

▪ Financial right. Crib

See other articles Section Lecture notes, cheat sheets.

Read and write useful comments on this article.

<< Back

Latest news of science and technology, new electronics:

The existence of an entropy rule for quantum entanglement has been proven 09.05.2024

Quantum mechanics continues to amaze us with its mysterious phenomena and unexpected discoveries. Recently, Bartosz Regula from the RIKEN Center for Quantum Computing and Ludovico Lamy from the University of Amsterdam presented a new discovery that concerns quantum entanglement and its relation to entropy. Quantum entanglement plays an important role in modern quantum information science and technology. However, the complexity of its structure makes understanding and managing it challenging. Regulus and Lamy's discovery shows that quantum entanglement follows an entropy rule similar to that for classical systems. This discovery opens new perspectives in the field of quantum information science and technology, deepening our understanding of quantum entanglement and its connection to thermodynamics. The results of the study indicate the possibility of reversibility of entanglement transformations, which could greatly simplify their use in various quantum technologies. Opening a new rule ... >>

Mini air conditioner Sony Reon Pocket 5 09.05.2024

Summer is a time for relaxation and travel, but often the heat can turn this time into an unbearable torment. Meet a new product from Sony - the Reon Pocket 5 mini-air conditioner, which promises to make summer more comfortable for its users. Sony has introduced a unique device - the Reon Pocket 5 mini-conditioner, which provides body cooling on hot days. With it, users can enjoy coolness anytime, anywhere by simply wearing it around their neck. This mini air conditioner is equipped with automatic adjustment of operating modes, as well as temperature and humidity sensors. Thanks to innovative technologies, Reon Pocket 5 adjusts its operation depending on the user's activity and environmental conditions. Users can easily adjust the temperature using a dedicated mobile app connected via Bluetooth. Additionally, specially designed T-shirts and shorts are available for convenience, to which a mini air conditioner can be attached. The device can oh ... >>

Energy from space for Starship 08.05.2024

Producing solar energy in space is becoming more feasible with the advent of new technologies and the development of space programs. The head of the startup Virtus Solis shared his vision of using SpaceX's Starship to create orbital power plants capable of powering the Earth. Startup Virtus Solis has unveiled an ambitious project to create orbital power plants using SpaceX's Starship. This idea could significantly change the field of solar energy production, making it more accessible and cheaper. The core of the startup's plan is to reduce the cost of launching satellites into space using Starship. This technological breakthrough is expected to make solar energy production in space more competitive with traditional energy sources. Virtual Solis plans to build large photovoltaic panels in orbit, using Starship to deliver the necessary equipment. However, one of the key challenges ... >>

Random news from the Archive

The plastic age has begun 23.09.2019

Since 1945, our planet began to "soak" with plastic elements, the number of which has recently increased significantly. According to some scientists, today we can already say that the age of plastic has begun.

Experts came to such conclusions after they began to detect plastic at a considerable depth. The analysis was carried out by specialists from the Institute of Oceanography. Scripps at the University of California San Diego. Scientists have found bottom plastic deposits off the coast of California. The first signs of contamination generally date back to 1830.

The main part of the elements was part of synthetic clothing. It follows that plastic can easily enter the ocean through sewage. Even today, creatures living on the bottom of the ocean, such as corals, mussels, oysters, etc., are suffering.

Pollution levels double every fifteen years. In 2010, for example, per 100 sq. cm ocean floor accounted for 40 particles of plastic. Today, this figure is at least one and a half times higher.

Plastic harms not only animals, but also us. Scientists have found that a person absorbs 50 thousand microparticles of plastic every year. What effect plastic has on the body has not yet been established.

Other interesting news:

▪ ICE cars and hybrids catch fire more often than electric cars

▪ The fastest non-cluster supercomputer in the world

▪ Our mirror neurons are dependent on money.

▪ Significant advantages of electric vehicles

▪ Take a photo before the explosion

News feed of science and technology, new electronics

Interesting materials of the Free Technical Library:

▪ section of the site Mobile communications. Article selection

▪ article by Umberto Eco. Famous aphorisms

▪ Why do baby kangaroos stay in a pouch for so long? Detailed answer

▪ article Blackberry gray. Legends, cultivation, methods of application

▪ article Copal oil varnish. Simple recipes and tips

▪ article Unruly hands and feet. Focus Secret

Leave your comment on this article:

All languages of this page

Home page | Library | Articles | Website map | Site Reviews