Town of Hyde Park - Payroll and Time Records (2018M-225)

Issued Date
February 01, 2019

[read complete report - pdf]

Audit Objective

Determine whether the Town’s payroll and time records were accurate.

Key Findings

  • Town officials established adequate procedures to ensure that payroll and time records were accurate.
  • We tested the payroll and time records of 30 employees over 22 payroll periods, totaling $1.5 million, and found that they were properly recorded, calculated and paid.

Key Recommendation

  • Town officials should consider using electronic timesheet files instead of printing paper copies to file.

Officials agreed with our recommendation and indicated they planned to initiate corrective action.