Hiring a Payroll Auditing Firm, Question 17: Do you Discuss Your Findings With the Employer When you Complete the Field Work Portion of the Audit?BondBeebe
Posting by Larry Beebe, CPA
A prospective payroll audit firm should answer this question with a question: What do you want us to do? The plan’s response depends on the circumstances. If the deficiencies have been fully identified by the end of the field work, the employer should be notified. On the other hand, if additional work is needed to determine whether more hours are covered by the collective bargaining unit (CBA), then a discussion with the employer may be premature. When findings are discussed, the employer should be told the findings are subject to change in the final audit report.
For more in this series, see:
- Question 16: Should we Ever Change the Time Between Payroll Audits for a Given Employer?
- Question 15: Should we Have a Three or Four Year Cycle to Audit all Employers?
- Question 14: Should Payroll Audits for all Employers be Random or Should They all be “for Cause” Audits?
- Question 13: What is the Typical Time Between the Assignment of a Payroll Audit to the Auditor, and it’s Performance and Delivery of the Audit Report?
- Question 12: Do you Charge for Travel Time?
- Question 11: Will we Receive Progress Reports?
- Question 10: Do you Change a Flat-Rate Fee per audit or an Hourly Rate?
- Question 9: Have you Done Payroll Audits for our Industry or Similar Industries?
- Question 8: Do you Have a Dedicated Payroll Audit Staff?
- Question 7: What are the Qualifications of Your Payroll Audit Staff?
- Question 6: How Long Does Your Typical Audit Take?
- Question 5: Do You Audit All Employees %100 or Do You Test Employees?
- Question 4: What is the Relationship Between Your Audit Findings and Your Audit Costs?
- Question 3: How Many of Your Payroll Audits do you Perform?
- Question 2: How Many Audits do you Perform?
- Question 1: How Many Years Have you Been Doing Payroll Audits?