EMPLOYEE BENEFITS AUDIT WORK PROGRAM

Read those 3 steps below carefully to fill out the blank space in the table from 1-13

Step #1: Evidence Obtained

For each Project Work Step list each evidence the auditor obtained as applicable.

For example: HR/Benefits department organizational chart.

Step # 2: Level of Evidence Reliability

For each of the evidence obtained in Step #1, note the level of reliability (High, Medium, or Low). List each item and explain your reliability level choice (do not use generic statements; be specific to the case).

For example: High because the document comes from the HR system that holds information about all the employees.

Step #3: Audit Procedure

Audit procedures are specific tasks the internal auditor performs to gather the evidence required to achieve the prescribed audit objectives. Chose one of these audit procedure below from 1-8. Provde one sentence to explain the reason you chose that audit procedure. For example, the auditor used inquiry to request the HR/Benefits organizational chart.

1. Inquiry

2. Observation

3. Inspection

4. Vouching

5. Tracing

6. Reperformance

7. Analytical procedures

8. Confirmation

Project Work Step	Evidence Obtained	Level of Evidence Reliability	Audit Procedure
Information Request: Audit Preparation
Schedule a kick-off meeting with the benefits department contact person on the first day of the audit and obtain the following items at the start of the audit: HR/benefits organizational charts. Copies of existing HR and benefits policies and procedures (vacation, sick days, health insurance, stock plan, 401k, employee relocations, etc.) Copies of any HR and benefits desk procedures related to benefits administration and processing. A list of all active employees within System X (include location, title, pay rate and benefit plans to which they are enrolled). Access to employee payroll registers for the past fiscal year. Documentation of benefit plans and third-party provider agreements. Claim reporting (injury/disability logs). External reporting (EEOC, headcount, census and COBRA). All HR and benefits reports used by management to monitor activities (additions, change, deletions, metrics). A list of users with either direct or remote access to benefits applications. Copies of any recently issued audit reports for benefit plans. Engagement letters for audits of benefits plans. Audit logs for each of the following categories within the past three months, if applicable: Privileged users' account activities Data change activities HR application changes