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What types of regulations requiring periodic reporting, both monetary and statistical, come along with the payroll function, and what are the reports required?
Multi -location processing . The supplier can usually process payroll for all company locations; several suppliers are based in all major cities, so they can handle paycheck deliveries to nearly any location. [ Other smaller suppliers get around not having multiple locations by sending checks via overnight delivery services either approach works very well. ]
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User: Is the payroll function best performed within a company, or is outsourcing a better approach to payroll processing

User: What are the positives and negatives of both?

User: What are the positives and negatives of both?





User: What types of regulations requiring periodic reporting, both monetary and statistical, come along with the payroll function, and what are the reports required?





Weegy: Multi -location processing . The supplier can usually process payroll for all company locations; several suppliers are based in all major cities, so they can handle paycheck deliveries to nearly any location. [ Other smaller suppliers get around not having multiple locations by sending checks via overnight delivery services either approach works very well. ]
Expert answered|migzptz|Points 1590|

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Asked 9/14/2011 9:50:43 AM
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What effect does an employee's access to salaries have on the morale and effectiveness of an organization?
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What controls are most effective in avoiding a "busybody" in the organization accessing this information?
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Asked 9/9/2011 11:23:29 AM
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Actually a company can have some solid internal controls in place, more so they are required under the Sarbanes-Oxley Act, SOX Act. If you were in charge of the Sarbanes-Oxley Act,SOX Act what would you do about implementing controls?
Weegy: I'm not sure what you mean by implementing controls. The Sarbanes-Oxley Act of 2002 was passed in response to a number of major corporate and accounting scandals involving prominent companies in the United States. [ [ These scandals resulted in a decline of public trust in accounting and reporting practices. The Sarbanes-Oxley Act's major provisions include: - Certification of financial reports by chief executive officers and chief financial officers - Ban on personal loans to any Executive Officer and Director - Accelerated reporting of trades by insiders - Prohibition on insider trades during pension fund blackout periods - Public reporting of CEO and CFO compensation and profits - Additional disclosure - Auditor independence, including outright bans on certain types of work and pre-certification by the company's Audit Committee of all other non-audit work - Criminal and civil penalties for violations of securities law - Significantly longer jail sentences and larger fines for corporate executives who knowingly and willfully misstate financial statements. - Prohibition on audit firms providing extra "value-added" services to their clients including actuarial services, legal and extra services (such as consulting) unrelated to their audit work. - A requirement that publicly traded companies furnish independent annual audit reports on the existence and condition (i.e., reliability) of internal controls as they relate to financial reporting. ] ] User: What happens if you get a small green triangle within one of your cells? What causes this to appear? How do you make it disappear? (More)
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