Employee Benefits and Payroll Testing Audit

Employee benefits and payroll testing are critical for ensuring compliance with relevant regulations, such as IAS 19 (International Accounting Standard 19) on employee benefits, and Nigerian tax laws concerning PAYE (Pay As You Earn) taxes and other statutory deductions. This process ensures that your payroll records are accurate, employees' benefits are properly accounted for, and tax obligations are met.

Stransact’s employee benefits and payroll testing services are designed to review the accuracy of your payroll processes, including the calculation of salaries, allowances, and employee benefits as outlined under IAS 19. We also ensure that your payroll complies with Nigerian tax regulations, including PAYE taxes, pension contributions, and other mandatory deductions.

Through this testing, we verify that your payroll processes are transparent, accurate, and compliant with both international standards and local tax laws. With Stransact, you gain confidence in the integrity of your payroll system, ensuring that employee benefits are correctly recorded and your tax obligations are met in full, avoiding penalties and supporting smooth business operations.