The People Audit: Auditing Human Resources

A Detailed Course on the Basics of Auditing Payroll and Human Resources

Human Resources is a very unique area to review and audit. Inherently high risk, a thorough review of HR can have numerous benefits. Additionally, by applying best practices to the process, cost benefits can be endless. Attendees will learn how to audit the HR function from beginning to end, applying best practices with a risk-based audit app.

Learning Objectives

• Attendees will learn how to identify key risks and appropriate tools and techniques for payroll/HR
• Attendees will learn how to apply critical thinking skills to fraud situations
• Attendees will discover how to audit payroll and HR efficiently and effectively

Who Should Attend

Auditors wanting the basics of human resources and payroll auditing.

Agenda

I. Human Resources Audit Overview
     a. Defining the Human Resources Function
     b. High-Risk Areas
     c. Risk Assessment
     d. Best Practices
II. Preliminary Audit Work
     a. Planning Meeting
     b. Finalize Risk Analysis
III. New Hires
     a. Processing
     b. System Controls
IV. Terminations
     a. Process to Delete Terminated Employees
     b. IT v. HR Ownership
     c. Elimination from Payroll System
V. Relocation/Sign-On Expense
     a. Is this material?
     b. Approval process
VI. Pay Rate Changes
     a. Fraud Schemes
     b. Approval Process
VII. Performance Evaluation/Training
     a. Best Practices and Process
VIII. Benefitsa. Administration Process
     b. Outside Reports
IX. Regulatory Compliance
     a. Federal
     b. State
X. Outsourcing
XI. Other Risk Areas
     a. Ethics
     b. Fraud