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Fraud and Audits: Periodic Internal Payroll Audits

FRAUD AND AUDITS: PERIODIC INTERNAL PAYROLL AUDITS

Cost Free
Presentation Length 1.0 hour

Recorded DateJune 13, 2019
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaAuditing
Course LevelBasic
Course Description

Periodic internal payroll audits can help you make sure your organization complies with employment and tax laws. They are also key to verifying payroll record accuracy—and fixing errors before the IRS or another agency find them for you.

So who should conduct your audit — someone in-house or a third party? Regardless of the route you choose, you need to know ALL the steps to leave no stone unturned.

Join us as our presenter, a skilled employment tax consultant, will teach you how to conduct a successful payroll audit, so you'll be armed to identify compliance mistakes, spot fraud, and devise a plan to correct payroll issues.


Participate in this interactive webinar and you’ll learn:


  • Recognize how to verify who has access to your payroll system.

  • Identify how to spot “phantom” employees who might be collecting paychecks.

  • Identify where to find relevant information to verify employees’ salaries, raises, and supplemental payments, such as bonuses and commissions.

  • Recognize how to ensure that mandatory deductions—such as wage garnishments and payroll taxes—are being made.

  • Where your pay practices could be running afoul of the Fair Labor Standards Act.

  • What to watch for when reviewing expense reimbursements and fringe benefits.

  • Data security vulnerabilities you have to guard against.

  • Payroll recordkeeping best practices.

  • What to include in your written payroll audit findings report.


Bonus: For attending this event, you’ll also receive checklists on:


  • The most common types of payroll fraud.

  • The payroll system reviews CPA firms conduct.

  • What to look for when evaluating payroll systems!

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
Linkedin

Mark Schwartz

MS Payroll
Employment Tax Consultant
mark@mspayroll1.com
(916) 849-6275

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Mark Schwartz is an employment tax specialist and has over 15 years of employment tax experience as an independent consultant and as a payroll tax auditor with the State of California. He has managed an audit caseload of 20 ongoing audits, from small home-based businesses to large multi-national corporations. He is expert at defining regulatory and statutory requirements from local, State and Federal government agencies; and helping the average businessperson understand what that mean to their business. He has processed weekly and bi-weekly payroll checks plus tax forms for businesses with hourly as well as exempt workers, multistate operations and a wide variety of benefits.

Mr. Schwartz provides consulting services encompassing payroll processing and payroll tax issues. These include payroll tax minimization, payroll tax compliance reviews, independent contractor studies, use of electronic transfers, deductions, benefits, etc. Mark has represented both clients and the State in front of the State Appeals Board. He understands the complexities of local wage laws, unemployment and disability claims, and other wage and benefit issues affecting your employees.

Mark prides himself on his outstanding customer service skills. He listens attentively to his clientele, helping them bridge the gap between the small business world and Government bureaucracy. He eagerly assists with clients needs, and feels that educating clients toward faster, accurate and more complete payroll processes provides the most value.

Mark is a participating member of the American Payroll Association. He earned his BA and MBA in Finance at Santa Clara University. He has held Certified Internal Auditor and Certified Investment and Derivatives Auditor Credentials. Mark is currently pursuing a Certified Payroll Fundamentals Credential with the American Payroll Association.

About Our Sponsor

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TSheets is a time tracking application designed and engineered for companies across multiple industries that need to track, manage and report time. Utilizing web-based, cloud computing technology that integrates with multiple platforms, smartphones and software programs, TSheets provides a customizable alternative to paper timesheets and punch cards to streamline HR and IT roles for businesses of all sizes—from freelance shops to corporations employing tens of thousands.