HR AUDIT ARMOR: How to Safeguard Your Business Before Disaster Strikes

The Essential Guide to Conducting Internal Audits!

Instructor :
Mark Schwartz

Webinar ID:
16464

Date: OCT 11, 2024 (FRI)

Start Time: 10 AM PT - 11:00 AM PT

Duration: 1 Hr.

What you will learn

    • Top 10 Payroll Mistakes: Understand Common Errors And Legal Risks
    • Internal Audits: Essential For Catching Errors Without Professional Help
    • Risk Identification: Pinpoint High-Risk Non-Compliance Areas In Your Business
    • Efficiency In Compliance: Evaluate And Improve Payroll Systems Quickly
    • Proactive Corrections: Train Staff To Spot And Fix Issues Early
    • Policy Training: Implement Daily Procedures To …
    • Top 10 Payroll Mistakes: Understand Common Errors And Legal Risks
    • Internal Audits: Essential For Catching Errors Without Professional Help
    • Risk Identification: Pinpoint High-Risk Non-Compliance Areas In Your Business
    • Efficiency In Compliance: Evaluate And Improve Payroll Systems Quickly
    • Proactive Corrections: Train Staff To Spot And Fix Issues Early
    • Policy Training: Implement Daily Procedures To Educate Employees
    • Technology Utilization: Leverage IT Systems For Systematic Problem Analysis
    • Documentation Standards: Ensure Clarity And Compliance In Procedures
    • Operational Peace Of Mind: Conduct Payroll Smoothly, Avoid IRS Audits

Course Description

An ounce of prevention is worth a pound of cure, particularly when it comes to payroll tax compliance.”

This webinar is essential for medium to large-sized businesses looking to safeguard against costly payroll errors and ensure effective internal audits.

    • Timely and Accurate Processing: Does your payroll system process information timely and accurately? We’ll explore the importance of swift data handling and the pitfalls of delays.
    • Comprehensive Information Gathering: Are your staff managers and timekeepers providing all the necessary information for payroll to accurately calculate paychecks, withholdings, and benefits? Learn strategies to enhance information flow and accuracy.
    • Adherence to Dead,lines: We’ll discuss the critical importance of timely filed deposits and payroll tax forms. Understand the repercussions of missing these deadlines and how to avoid them.
    • Prompt Error Detection and Correction: Are mistakes identified and corrected swiftly? Discover techniques to quickly find and rectify errors, minimizing the risk of compounded problems.

Throughout this webinar, participants will gain valuable insights into avoiding the top 10 payroll mistakes that can lead to severe audit liabilities.

From ensuring comprehensive data collection to maintaining stringent deadlines, every aspect of your payroll process will be covered to help you implement preventative measures effectively.

By the end of this session, you will be equipped with practical tools and knowledge to conduct robust internal audits and maintain a compliant, efficient payroll system.

Join us to transform your approach to payroll management and protect your organization from costly errors and legal challenges.

Join Now!

An ounce of prevention is worth a pound of cure, particularly when it comes to payroll tax compliance.”

This webinar is essential for medium to large-sized businesses looking to safeguard against costly payroll errors and ensure effective internal audits.

    • Timely and Accurate Processing: Does your payroll system process information timely and accurately? We’ll explore the importance of swift data handling and the pitfalls of delays.
    • Comprehensive Information Gathering: Are your staff managers and timekeepers providing all the necessary information for payroll to accurately calculate paychecks, withholdings, and benefits? Learn strategies to enhance information flow and accuracy.
    • Adherence to Dead,lines: We’ll discuss the critical importance of timely filed deposits and payroll tax forms. Understand the repercussions of missing these deadlines and how to avoid them.
    • Prompt Error Detection and Correction: Are mistakes identified and corrected swiftly? Discover techniques to quickly find and rectify errors, minimizing the risk of compounded problems.

Throughout this webinar, participants will gain valuable insights into avoiding the top 10 payroll mistakes that can lead to severe audit liabilities.

From ensuring comprehensive data collection to maintaining stringent deadlines, every aspect of your payroll process will be covered to help you implement preventative measures effectively.

By the end of this session, you will be equipped with practical tools and knowledge to conduct robust internal audits and maintain a compliant, efficient payroll system.

Join us to transform your approach to payroll management and protect your organization from costly errors and legal challenges.

Join Now!

Why you should attend

    • Are you confident in your payroll compliance?
    • Do you know the most common and costly payroll mistakes?
    • How well does your business manage payroll risks?
    • Are your internal controls effective at preventing errors?

This webinar offers a comprehensive roadmap to conducting efficient payroll tax internal audits, essential for any business aiming to strengthen its payroll operations. Here’s what you can expect:

    • Common Payroll Mistakes: We begin by identifying the ten most common and costly errors in payroll operations, helping you gauge your current compliance status.
    • Expert Guidance on Audits: Learn from an internal audit expert with over 7 years of experience with the state of California. This session will simplify complex audit procedures into clear, actionable steps that any payroll manager can follow without the need for additional staffing.
    • Risk Assessment Strategies: Discover how to conduct a thorough risk assessment for your business. Identify which areas of your payroll process are most vulnerable to errors and non-compliance.
    • Implementing Internal Controls: We’ll guide you through setting up robust internal controls necessary to maintain a smooth and compliant payroll operation. Learn how to routinely test these controls to ensure their effectiveness.

By attending this webinar, you will learn not only how to identify and correct deficiencies but also how to proactively manage your payroll systems to avoid future issues.

Empower yourself with the knowledge to keep your payroll processes in check and your operations running smoothly.

Enroll Now!

    • Are you confident in your payroll compliance?
    • Do you know the most common and costly payroll mistakes?
    • How well does your business manage payroll risks?
    • Are your internal controls effective at preventing errors?

This webinar offers a comprehensive roadmap to conducting efficient payroll tax internal audits, essential for any business aiming to strengthen its payroll operations. Here’s what you can expect:

    • Common Payroll Mistakes: We begin by identifying the ten most common and costly errors in payroll operations, helping you gauge your current compliance status.
    • Expert Guidance on Audits: Learn from an internal audit expert with over 7 years of experience with the state of California. This session will simplify complex audit procedures into clear, actionable steps that any payroll manager can follow without the need for additional staffing.
    • Risk Assessment Strategies: Discover how to conduct a thorough risk assessment for your business. Identify which areas of your payroll process are most vulnerable to errors and non-compliance.
    • Implementing Internal Controls: We’ll guide you through setting up robust internal controls necessary to maintain a smooth and compliant payroll operation. Learn how to routinely test these controls to ensure their effectiveness.

By attending this webinar, you will learn not only how to identify and correct deficiencies but also how to proactively manage your payroll systems to avoid future issues.

Empower yourself with the knowledge to keep your payroll processes in check and your operations running smoothly.

Enroll Now!

Course Agenda

Top 10 Payroll Mistakes:

We’ll delve into the most frequent payroll errors, including:

    • Overtime Calculation and Payment: Miscalculating overtime can significantly shortchange employees and lead to legal trouble.
    • Misclassifying Workers: Improperly classifying employees as independent contractors can expose your business to tax penalties and worker benefits liabilities.
    • Recordkeeping Mistakes: Maintaining accurate payroll records is crucial for tax compliance and audits. We’ll identify common record-keeping pitfalls to avoid.

Internal Audit Basics:

Discover the importance of regular internal audits to safeguard your business:

      • Preventative Measure: Internal audits proactively identify and rectify payroll errors before they snowball into significant issues.
      • Cost-Effectiveness: You don’t always need external auditors. Learn how to conduct effective internal audits without breaking the bank.
      • Minimize Non-Compliance Risk: We’ll show you how to pinpoint areas of highest risk for non-compliance with tax and labor laws.
      • Streamlined Efficiency: Learn methods to evaluate compliance and functionality efficiently, saving you valuable time.
      • Empowering Your Team: We’ll provide strategies to train your employees to detect and address payroll mistakes before they become major problems.

Internal Controls

We’ll explore how to establish strong internal controls to ensure smooth payroll operations:

    • Day-to-Day Procedures: We’ll provide a framework for developing clear and consistent payroll policies and procedures for your team.
    • Leveraging Technology: Discover how payroll IT systems can streamline analysis and identify systematic errors for improved accuracy.
    • Policy and Procedure Manual Essentials: Learn what critical elements to include in your policy and procedure manuals to ensure compliance and smooth payroll execution.
    • Peace of Mind: By implementing effective internal controls, you can ensure accurate payroll processing and avoid sleepless nights worrying about audits or reviews.

BONUS:

    1. We’ll also provide tips on staying updated on the latest tax law changes that might impact your payroll practices.
    2. PDF copy of the presentation handout for your future reference.
    3. Soft copy of the certificate of completion on request.
    4. Q&A Session with the Presenter: Get your pressing questions answered verbally, via chat or email.

Top 10 Payroll Mistakes:

We’ll delve into the most frequent payroll errors, including:

    • Overtime Calculation and Payment: Miscalculating overtime can significantly shortchange employees and lead to legal trouble.
    • Misclassifying Workers: Improperly classifying employees as independent contractors can expose your business to tax penalties and worker benefits liabilities.
    • Recordkeeping Mistakes: Maintaining accurate payroll records is crucial for tax compliance and audits. We’ll identify common record-keeping pitfalls to avoid.

Internal Audit Basics:

Discover the importance of regular internal audits to safeguard your business:

      • Preventative Measure: Internal audits proactively identify and rectify payroll errors before they snowball into significant issues.
      • Cost-Effectiveness: You don’t always need external auditors. Learn how to conduct effective internal audits without breaking the bank.
      • Minimize Non-Compliance Risk: We’ll show you how to pinpoint areas of highest risk for non-compliance with tax and labor laws.
      • Streamlined Efficiency: Learn methods to evaluate compliance and functionality efficiently, saving you valuable time.
      • Empowering Your Team: We’ll provide strategies to train your employees to detect and address payroll mistakes before they become major problems.

Internal Controls

We’ll explore how to establish strong internal controls to ensure smooth payroll operations:

    • Day-to-Day Procedures: We’ll provide a framework for developing clear and consistent payroll policies and procedures for your team.
    • Leveraging Technology: Discover how payroll IT systems can streamline analysis and identify systematic errors for improved accuracy.
    • Policy and Procedure Manual Essentials: Learn what critical elements to include in your policy and procedure manuals to ensure compliance and smooth payroll execution.
    • Peace of Mind: By implementing effective internal controls, you can ensure accurate payroll processing and avoid sleepless nights worrying about audits or reviews.

BONUS:

    1. We’ll also provide tips on staying updated on the latest tax law changes that might impact your payroll practices.
    2. PDF copy of the presentation handout for your future reference.
    3. Soft copy of the certificate of completion on request.
    4. Q&A Session with the Presenter: Get your pressing questions answered verbally, via chat or email.

Who is this course for

Maximize the Learning Experience in A Group Setting!

    • Payroll Manager
    • Payroll Specialist
    • HR Manager
    • Compliance Officer
    • Chief Financial Officer (CFO)
    • Accounting Manager
    • Financial Controller
    • Internal Auditor
    • HR Director
    • Benefits Administrator
    • Accounts Payable Manager
    • Director of Human Resources
    • Finance Director

Maximize the Learning Experience in A Group Setting!

    • Payroll Manager
    • Payroll Specialist
    • HR Manager
    • Compliance Officer
    • Chief Financial Officer (CFO)
    • Accounting Manager
    • Financial Controller
    • Internal Auditor
    • HR Director
    • Benefits Administrator
    • Accounts Payable Manager
    • Director of Human Resources
    • Finance Director

Instructor Profile

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...

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 means 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 provide 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.

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