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Question - Perform an internal analysis of your current payroll system and, from this analysis, make recommendations to management. This activity should be written up as a management report. Your analysis should address the following questions:
1. How is the system currently being used?
2. What feedback is being generated from current users of the system? What are the primary issues or complaints?
3. Ask staff what they would like to change about the current system.
4. Conduct online research to identify and document how similar businesses are using payroll.
5. Talk to business mentors, partners, trusted clients - document which tools they use.
6. Based on some of the outsourcing models and options available to you, what recommendations would you make to management to fit in with the results of your analysis?
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T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
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