Q:           Why did the HR Auditor cross the road?
A:            Because they checked the file and that’s what happened last year.

Explainer: replication – file completeness and consistency is a big thing in auditing

Q:           What is the Payroll Auditor’s favourite movie?
A:            GHOST-busters.

Explainer: Payroll – ‘Ghosts’ are employees that are paid but don’t exist.

Payroll Trivia:

Q:           How many ways are there to convert an annual salary to a weekly amount?

A:            At least five (divide by: 52.0; or 52.1429; or 52.1667; or 52.1786; or 52.2). By rounding any of the middle three divisors to two or
                three decimal points we create more options. Each country will have its own laws, regulations or local methods for doing
                this calculation. In Australia I have seen examples of all five used.  Scientific types will also mention: 52.1775 (not found often).

Q:         How do you work out the number of working days per year for a regular Monday to Friday worker?

A:        The year will have 260 working days when the first day of the year starts with a weekend (either a Saturday or a Sunday)
              and the last day of the year also ends on a weekend.  The year will have 262 working days when the first day of the year starts
             with a weekday and the last day ends on a weekday, and it’s a leap year.  Other combinations will give 261 working
             days per year.

Why do the number of pays differ in some years?

Q:           For a fortnightly paid employee there are normally 26 pays. How often are there 27 pays within a calendar year?

A:            Between 11 and 12 years. The long term average is every 11.2 years.

Payroll traps for the unwary:

Q:           In Australia the weekly minimum wage is $656.90 for a 38 hour working week (from 1 July 2015). 
                What is the hourly base rate? What is the part-time (or casual) hourly base rate (i.e. before applying the casual loading)?

A:            In order to obtain a weekly rate of $656.90 the hourly rate (for a 38 hour week) would need to be $17.2868 per hour.
                However, you cannot use that hourly rate for part time staff (or casuals).  They must be paid a minimum of $17.29 per hour,
                which equates to a weekly rate of $657.02 per week for a 38 hour week. That 12 cents is important to maintain compliance
                 (heavy penalties apply to employee underpayments).

Standards Trivia: The Earliest Standard - ANSI

Standardization derives from the need to create a community that enhances not only the needs of an individual but all other contributing members. While standardization bodies have only been present for the past century, the process of standardizing techniques for industry has been around even before the human species and occurred naturally for some time …  The Oldowan Industry  initially appeared at the beginning of the Stone Age, approximately 2.6 million years ago. 

Read more: http://ansidotorg.blogspot.com/2015/11/the-earliest-standard.html#ixzz3uzxcARoa