In Pursuit of Profit
Read our expert article below or sign up to get articles sent to your inbox.
The bank reconciliation should be reviewed each month by someone other than the preparer. The review should be documented with the reviewers' initials and dated. This review should include:
Email correspondence and approvals/review should be retained and documented as part of the payroll review process. This review should include:
At ASP, we have qualified consultants that can assist in helping you put the appropriate controls in place. Don't wait until you have been a victim. Protect your company and your employees today!