In our years of experience, we have found a secure and effective way to help business owners focus on growing their company, without the added burden of administrative tasks and payroll.
Employer’s Risk Administrators utilizes cloud-based technology, allowing client companies to have access to an efficient and reliable payroll solution. With integrations across each platform, you can now spend less time entering employee data from one system to another.
Dedicated Payroll Management
A dedicated payroll manager will ensure your payroll is calculated in an accurate and timely manner. They will also provide you and your managers access to payroll reports, timesheets, employee deductions, and paid-time off accruals. Additionally, your employees will be able to access their information through a powerful self-service portal.
Our employee portal includes the following:
- Prior W2
- Check stubs and payroll history
- Benefit summaries and enrollment confirmations
- PTO status
- Ability to update personal information and tax filing status
Information is available 24/7 to employees and clients online or through a mobile device.
When you partner with Employer’s Risk, you no longer have the burden of preparing payroll tax filings, submitting garnishment orders, or completing new hire reporting. Our full-service payroll solutions assist in removing the potential for related penalties.
Audits are therefore a type of assurance service. However, audits only test the validity of the assertions in financial statements, and are subject to regulation under International Standards on Auditing. Assurance engagements designed to test historical financial information are referred to as assurance reviews (these are regulated by International Standard on Review Engagements (ISRE 2400).
Consulting services are not considered as assurance because in consulting services, an accountant generally uses their professional knowledge to make recommendations for a future event or a procedure, such as the design of an information system or accounting control system. In contrast, assurance services are designed to test the validity of past data.
Agreed–upon procedures do not constitute an assurance procedure under the above definition, because no conclusion is given. However, they are often loosely referred to as “assurance”. Similarly compilation engagements (which also have no conclusion) are often described as giving assurance, but are not strictly assurance engagements.