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Payroll Audit

We offer our clients a payroll audit, which is basically an internal audit of the payroll accounting. During the audit we focus on spheres which are usually the subject of audits by external bodies (social security office, trade licensing office, the financial authority, labour office, labour inspectorate). We also concentrate on compliance with internal payroll regulations, collective agreements, and their accordance with generally valid labour law regulations. The aim of a payroll audit is to find discrepancies and specify remedial measures which will lead to the removal of insufficiencies and cut down on sanctions from external bodies (back payments, fines, penalties, etc.).

The depth of the audit and the spheres audited are up to the client. The result of the audit is a report intended exclusively for the internal requirements of the organisation (findings, evaluation and recommendations for remedial measures).

A payroll audit includes the following:

• The holding of labour law documentation (employment contracts, agreements, etc.)
• Calculation of wages, including compensation for vacation time and impediments to work
• Meeting duties relating to sickness insurance  
• Deduction and transfer of social insurance
• Deduction and transfer of health insurance
• Calculation and deduction of tax advances, annual reconciliation, withholding tax  
• Holding pay slips and pension records
• Compliance with reporting duties to external bodies
• Statutory insurance of work-related accidents
• Taxation of employee benefits
• The provision of travel expenses
• Meeting duties incurred by employing foreigners

A more detailed audit includes:

• Application of wage form
• Wage negotiation method
• Compliance with bonuses, remuneration and overtime work limits
• Calculation of average earnings and deductions from wages
• Maturity and payment of wages

Interested? Questions?

In case of interest in our services, please don´t hesitate to contact us by e-mail asbprague@asbprague.com or by any listed contact.

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