Auditing Payroll - Tests of controls and substantive audit procedures

Part 1 of this video can be found here -    • Auditing Payroll and Employee Entitle...  

00:00 Introduction
00:46 Tests of internal controls around payroll
08:18 Substantive procedures - wages expense
16:22 Substantive procedures - wages payable
18:41 Substantive procedures - leave liabilities

Have you used any other procedures to test internal controls or gather substantive evidence around payroll and employee entitlements? It would be awesome of you to share them with our audit community in the comments :)


Looking for videos explaining AASB119/IFRS19
IFRS Box's explainer video
   • IAS 19 Employee Benefits - updated vi...  

Worked example by Dr Helen Spiropolous
   • Accounting for Long Service Leave exa...  

*****

Make sure you've turned on the Notifications bell to get all of my updates.

My ultimate audit study video guide is on my website - everything you need to know to ace your audit exam
https://amandalovestoaudit.com/learni...

I'm on social media too
  / amandalovestoaudit  
  / amandasaudit  
  / amandalovestoaudit  

Camera - Sony A6500 + 28mm
Mic - Rode Wireless Go
Monitor - SmallHD Focus
Lighting - Aputure 120dii
Green screen - Elgato