Dear all, Can somebody help me by explaining what is Statutory Audit in HR point of View? and what are the procedures to be carried out?
From India
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1From India
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1) To cross-verify the calculations made in filing Challans/Returns for both EPF and ESI.
2) Whether the Challans and Returns are being filed before the due date of the same?
3) To cross-verify the new joiner and left employees' data in the details submitted.
From India, New Delhi
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2) Whether the Challans and Returns are being filed before the due date of the same?
3) To cross-verify the new joiner and left employees' data in the details submitted.
From India, New Delhi
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Hi, The attached format will say the documents to be audited. Regards, kamalakkannan.V
From India, Chennai
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From India, Chennai
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Statutory Audit applicable to the HR function would be a Statutory Compliance Audit. This audit will focus on compliance with the provisions of different acts and legislations relating to employees and labor. Generally, a compliance checklist is prepared for each applicable legislation by auditors before starting the audit.
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From India, Pune
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Thanks & Regards
From India, Pune
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Statutory Compliance of a Industrial or Commercial Unit.xls
Statutory-compl iance.pdf
Statutory Compliance.zip