What records are needed for the audit?
We’ll need information from the following records for your audit:
- Individual payroll records including gross wages, vacation/holiday pay, bonuses and commissions paid
- State and/or federal quarterly tax returns (941s/UC3s)
- General ledger
- Check register
- Documenation of total costs (labor and materials) and certificates of insurance for all subcontractors hired
Other records may be requested based on your operations.