An owner of a growing business hires you as a consultant he

Reference no: EM13619530

An owner of a growing business hires you as a consultant. He is concerned about rising payroll costs, and also concerned about payroll fraud. Currently, his payroll clerk collects time sheets and computes gross pay and deductions. The payroll clerk also adds new employees to the payroll system and makes all changes to employees' withholdings and voluntary deductions. Once the payroll is processes, the payroll clerk signs and distributes the payroll checks.

Discuss a set of recommendations that you would provide to the business owner to strengthen the owner's control over payroll procedures

Reference no: EM13619530

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