Payroll audit in a selected business corporation

This thesis deals with the audit of financial statements with a focus on payroll. Its main objective is to provide a comprehensive overview of auditing procedures in the verification of payroll processes and then apply the theoretical knowledge to a selected company. The thesis consists of four chapters. The first chapter provides an introduction to financial statement auditing, explaining its objectives, regulation and overall process. The second chapter first provides a general description of receivables and payables to employees and how they are accounted for, and then discusses in detail the audit procedures used in auditing this area of the financial statements. The third chapter introduces the selected entity. The last chapter focuses on the practical application of audit procedures in the auditor's audit of accounts receivable and payable to employees in a specific entity.