INTERNAL CONTROL OVER THE COMPANY'S FINANCIAL STATEMENTS REGARDING PAYROLL SETTLEMENTS

Abstract

The article is devoted to the study of internal control procedures over the financial statements of an enterprise regarding payroll. It is established that internal control over financial reporting on payroll is necessary in order to avoid future violations of labor and accounting legislation. The main tasks of internal control over financial reporting on payroll are highlighted. The basic attributes and operations of internal control over financial reporting on payroll are highlighted. On the basis of generalized information on the results of internal control over the financial statements of the enterprise on payroll, a linear algorithm for conducting internal control over the financial statements of the enterprise on payroll is presented. Typical mistakes that arise in the implementation of internal control over the financial statements of an enterprise regarding payroll settlements are highlighted. Ways to solve the problems of internal control over financial reporting on payroll at the enterprise level are systematized and presented.