00:00 Introduction
00:46 Testing of internal controls in the area of payroll
08:18 Material procedure – wage costs
16:22 Material procedure – wages to be paid
18:41 Material procedure – holiday entitlements

Have you used other procedures to test internal controls or collect hard evidence around payroll and employee entitlements? It would be great if you shared them with our audit community in the comments 🙂

Search for videos explaining AASB119/IFRS19
Explanatory video of the IFRS Box
https://youtu.be/GacIRVgBAGg

Worked example by Dr. Helen Spiropolous
https://youtu.be/yDZwFgMCpto

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