How to Audit Benefit and Compensation Plans ON DEMAND
Available Until
Your Desk
1.0 Credits
Member Price $58.00
Non-Member Price $67.00
Overview
The benefits and compensation paid by an employer represent a large part of its total expenditures, and also lay it open to risks of cost overruns, lawsuits, and government penalties. In this course, we provide an overview of the basic benefit and compensation areas that the auditor needs to be concerned about, and also describe the auditing tasks to pursue in order to identify problem areas that need to be fixed. These auditing tasks can significantly reduce the costs and risks of an employer.
Highlights
The nature of benefits and compensation. The need for benefit and compensation plans. Compensation structures. Pay administration. Benefits administration. Payroll administration.
Prerequisites
None.
Designed For
Auditors, CPAs, CEOs, and other accounting professionals.
Objectives
Recognize the types of benefits and compensation that may be offered to workers. Specify the audit tasks that may be applied to the administration of benefit and compensation plans. Identify the tasks required to develop a compensation structure.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $67.00
Member Price $58.00