What is the procedure for substantive review of employee welfare fees?

When a company pays Welfare fees to employees, the accountant will prepare a report to list the welfare fees that should be paid to each employee of the company. When the statement is listed, it will be reviewed to check whether there are any errors in the welfare expenses. This kind of review is usually done by substantive review. So what is the procedure for substantive review of employee welfare expenses? The following is conducted by the editor of Legal Savior Network for readers. answer.

What is the procedure for substantive review of employee welfare fees

1. Implement initial audit procedures for welfare fees payable. (Obtain or prepare a detailed list of welfare fees payable, check whether the addition count is correct, and check it with the report number, general ledger number and detailed ledger total number)

2. Verify the accrual standard and amount of welfare fees payable during the year.

3. Randomly check the use of welfare fees payable during the year, Determine compliance with intended use.

4. Verify the appropriate presentation of welfare fees payable sex.

Substantial audit procedures for wages payable

1. Implement initial audit procedures for wages payable. (Obtain or prepare a detailed list of wages payable, check whether the addition count is correct, and check it with the report number, general ledger number and detailed ledger total number)

2. Carry out necessary analysis procedures, check abnormal fluctuations, explain the reasons and record them.

3. Check the payment voucher for wages payable and review the wages Is the calculation correct? Whether the basis is sufficient. Whether the accounting treatment for withholding payments is correct.

4. Reconcile the cumulative credit amount of wages payable with the relevant cost and expense accounts.

5. If the audited unit implements performance-related measures, Whether the certification of the effective salary payment amount confirmed by the relevant competent department has been obtained and it complies with the relevant contract documents and actual completed indicators. Check whether the accrual amount is correct and whether tax adjustment is required.

6. If the audited unit implements a tax-calculated salary system , whether the local tax salary standards and the average headcount of the audited unit are obtained, the amount of salary expenses that can be allowed to be disbursed before tax is calculated, and whether tax adjustments are made for the overexpenditure.

7. PressThe total salary is reviewed for the correctness of provision for welfare fees, labor union funds, education funds, etc.

8. Whether to use the identified fraud risk factors Computer-aided audit technology checks whether there are duplicate or false employee identities (such as name, ID number), bank account number, address, phone number, etc. in salary and salary records. Whether to check personnel file records, employee work evaluation records, labor payment lists and labor records, and compare them with the actual situation.

9. Verify the appropriateness of presentation of wages payable .

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