When I wrote Essentials of Payroll, I realized that the limitations of Wiley’s
shorter “Essentials” softcover series did not provide enough room for the
wide range of topics required to present a really thorough treatment of the payroll
topic. Even though the Essentials of Payroll manuscript became the longest Essentials
book ever issued, I still wanted to jam in more information. This book alleviates
my need to “go long” by adding to the original Essentials book an
additional eight chapters and two appendices....
After studying this chapter, you should be able to: Describe the major business activities and related information processing operations performed in the human resources management (HRM)/payroll cycle; discuss the key decisions to be made in the HRM/payroll cycle and identify the information needed to make those decisions; identify the major threats in the HRM/payroll cycle and evaluate the adequacy of various internal control procedures for dealing with them.
Upon completion of this lesson, the successful participant will be able to: To learn about the human resource management (HRM) business activities and the payroll cycle business activities, to learn to flow chart HRM business activities and payroll cycle business activities, to understand the processing of HRM and payroll cycle transactions using computers, to know the control practices and procedures in HRM and the payroll cycle.
Chapter 14 - The human resources management and payroll cycle. This chapter describe the major business activities and related data processing operations performed in the human resources management (HRM)/payroll cycle;
identify the major threats in the HRM/payroll cycle, and evaluate the adequacy of various internal control procedures for dealing with them;...