How to Audit Payroll and Related Liabilities

Payroll liabilities and related payroll expenses are extremely important to all entities. This course will cover the basics of auditing payroll & related liabilities, including the related audit assertions, risks, & threats to the payroll liability balance.

During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through some real-world examples.

Upon completion, learners will be able to:
1. Recall the audit assertions applicable to payroll liabilities
2. Recognize risks & threats related to payroll liabilities
3. Identify substantive auditing procedures that are used to obtain comfort over payroll liabilities.