Common Canada Revenue Agency (CRA) Payroll Audit Adjustments

10 Common CRA Payroll Audit Adjustments

Common Canada Revenue Agency (CRA) Payroll Audit Adjustments

March 13, 2017 by

What is A Payroll Audit? A payroll audit is a review of the accuracy of a company’s payroll processes. Payroll audits are conducted annually to ensure that a company’s payroll process remains current and legally compliant. Companies may be chosen by the CRA for an audit if the information provided appears inaccurate or misrepresented. However,
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Tax audit engagement vs review engagement

Audit Engagements vs Review Engagements

December 20, 2016 by

When an organization is undergoing an audit or a review, it can be difficult to understand the differences between the two; after all, both are known as assurance engagements and need to comply with accounting standards for private enterprises (ASPE). Audits and reviews are closely linked but they fulfill different needs and are associated with different
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