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August 24, 2022 / Audit, Workers Compensation, Insurance, Customer Service, Business Owner

How to Better Prepare for a Final Audit

Audits are a required component of the workers compensation insurance process. Knowing these three items can help employers in California successfully complete their audit and start the process on an educated foot.

 

 

Payroll

The term “payroll” as it applies to workers compensation insurance audits is a little different from the definition you may be used to hearing from the IRS.

For final audits, “payroll” includes the following:

· gross wages

· salaries

· commissions

· bonuses

· vacation

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