How to Audit Payroll
Audit payroll using a comprehensive framework that addresses one of the most fraud-prone areas in an organization. This course explains payroll’s key characteristics from an audit perspective and then walks through the procedures required to test every component of the payroll system. You will examine controls embedded in payroll processes, identify risks such as ghost employees, and evaluate the capitalization of payroll costs, linking technical guidance to practical audit execution.
Format
PDF Course
Course Lists
Duration
1 Hour
Course Information
Author: Steven Bragg
Course Number: AU1018
Learning Objectives
- Recognize the situations in which a ghost employee is more likely to be created within a payroll system.
- Specify the situations in which inherent risk is considered to be relatively high.
- Identify the types of activities that can be considered substantive procedures.
- Describe the different types of controls that a client may install for its payroll system.
Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Auditing
Prerequisites: None
Advance Preparation: None
Latest Review Date: April 2025
Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
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