Section 4: Employee Payroll Accounting, Controls & Risk | Payroll & Workforce Cycle Training

Описание: Section 4 of the Payroll & Workforce Cycle — PNJ Group Business Cycle Handbook, Cycle 03.

This section covers the six core payroll journal entries, the preventive and detective internal controls that protect the payroll process, and the full risk register with 12 identified risks rated by severity. Key topics include ghost employee prevention, tax deposit compliance, 401k remittance requirements, COBRA notice obligations, and the KPIs used to measure payroll health every pay period.

📚 Course: Payroll & Workforce Cycle — PNJ Group Business Cycle Handbook, Cycle 03
📌 Section: 4 of 7 — Employee Payroll: Accounting, Controls & Risk

Timestamps:
0:00 Introduction
0:30 Learning Objectives
1:15 Journal Entry 1: Gross Payroll
2:30 Journal Entries 2 & 3: Employer Taxes and Deposits
3:45 Journal Entries 4, 5 & 6: Benefits, Workers' Comp, Final Pay
5:00 Preventive Controls
6:30 Detective Controls
8:00 High-Risk Exposures: Ghost Employees and Authorization
9:15 High-Risk Exposures: Tax, Registration, and Remittance
10:30 High-Risk Exposures: Separation and Notification
11:45 Medium-Risk Exposures and KPIs
13:00 How Controls Map to Risk
14:00 Key Takeaways