Briefing on Payroll Health Check: Getting ready for a Statutory Audit via ZOOM Online Platform
As a responsible employer, preparing for a payroll audit should be at the top of your to-do list. Preparation for a payroll audit should start now rather than later as an early start helps to alleviate stress arising from intense scrutiny by the authorities during the audit. Besides, getting ready ahead of the audit will help one to identify and avoid serious mistakes and pitfalls including incorrect reporting to the authorities.
To mitigate the risk exposure, it is important for each employer to keep abreast of any changes and to formulate an efficient way of resolving complex issues. It requires organized systems, knowledge of current legislation and careful planning.
Important updates from the Statutory Bodies i.e. MIRB, EPF, SOCSO and Human Resource Department Fund (“HRDF”) which relates to payroll and employer.
Getting ready for a Statutory Audit.
Major common mistakes and case studies relating to local and foreign employees.
Payroll reporting and record keeping.