Payroll Australia

S1.segregate duties to make sure no individual employee has control over all partsof any critical financial transaction. This means permission must be, at aminimum, double approved.•Ensure staffundertake regular training on ethical conduct within the workplace.Discuss case studies of payroll fraud during training. Employees should know therepercussions of engaging in fraud within the workplace.•Put a whistleblower program in place, becausethis is one of the most eective methodsto identify potential fraud within the workplace.•Conduct thorough due diligence checks on all employees, including police checks,especially those with financial responsibilities within the company.•Ensurethat any changes in payroll, especially those about rates, benefits, orcommissions, are passed through several layers–at least two independent signatories–of approval.•Implement advanced payroll and human resources management systems with built-incontrols to prevent unauthorized changes and manipulations of the system. These couldinclude technologies such as fingerprint access, required activation of entry using anemployee card, use of CCTV and (where appropriate) independent verification ofactivities