This course – taught by and ex-payroll auditor - covers the payroll and benefit areas that are most likely to come under scrutiny due to the Sarbanes Oxley Act (SOX) Act.
SOX has far-reaching implications affecting all corporate functions - including payroll - so it is wise to increase internal controls over those parts of payroll operations which have the most profound effects to your company.
If not, the Act authorizes both civil and criminal penalties for corporate officers and managers responsible for non-compliance.
This course helps identify which payroll and benefit expenses are most likely to come under scrutiny due to the SOX Act. It also makes recommendations on how to conduct internal audits designed to test controls over these areas, and ensure the results are adequately represented on corporate financial statements.
You'll also learn how documentation, testing, reporting, and monitoring can ensure ongoing compliance with the Act, letting you and your upper management sleep better at night.
- The Sarbanes Oxley Act's purpose and key provisions
- How the Act relates to the payroll function
- What specifically the payroll department must do to promote compliance with the Act
- The Internal Audit function and its part in the compliance process
- Ongoing IA activities to help maintain payroll department compliance with the Act
About Your Presenter
Mark Schwartz has over 15 years experience in state and federal payroll tax audits, collections, and payroll consulting.
As an auditor, Mark prided himself on his ability to educate his auditees on state and federal payroll tax requirements. Whatever issues he found in audits, he ensured the auditee knew how to comply in the future. He worked to minimize company disruptions in the audit process.
In addition to his real-life experiences, Mark has a Masters in Business Administration, and currently uses his entertaining and helpful personality to help organizations prepare for payroll tax audits - whether they've already got the notice or are still hoping they don't!
This program has been approved for 1.5 re-certification credit hours for HRCI's PHR and SPHR designations through the HR Certification Institute. For more information about certification or re-certification, please visit the HR Certification Institute website at www.hrci.org. The use of this seal is not an endorsement by HRCI of the quality of the program. It means that this program has met HRCIs criteria to be pre-approved for re-certification credit.
SHRM Professional Development Credits
This program is valid for 1.5 Professional Development Credits (PDCs) for the SHRM-CP or SHRM-SCP designations. For more information about certification or re-certification, please visit www.shrmcertification.org.
Cannot Attend The Live Presentation?
This presentation is also available in a recorded format, in On-Demand Or CD versions, as shown in the pricing options below.