Sarbanes Oxley Act and the Importance of Internal Controls over Payroll
Thursday, 20 December 2018 10:00 AM PST, 01:00 PM EST
Training Duration = 90 min Sponsored by Online Compliance Panel
This course helps identify which payroll and benefit expenses are most likely to come under scrutiny due to the SOX Act. It also makes recommendations on how to conduct internal audits designed to test controls over these areas, and ensure the results are adequately represented on corporate financial statements.
This course, taught by an ex-payroll auditor, covers the payroll and benefit areas that are most likely to come under scrutiny due to the Sarbanes Oxley Act (SOX) Act.
Why Should You Attend:
SOX has far reaching implications affecting all corporate functions - including payroll. Violations can mean jail time for key company personnel - so it is wise to increase internal controls over those parts of payroll operations which have the most profound effects to your company. For instance:
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.