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HR Audits: Key Strategic, Operational, and Compliance Related Issues 1.5 Credits

HR Audits: Key Strategic, Operational, and Compliance Related Issues 1.5 Credits

  • Rating

    4
  • Reviewed on

    March, 2024
  • Subject Area

    Personnel/Human Resources

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Jan 19, 03:30 PM ET

Learning Objective

  • To discuss the current trends in HR Auditing.
  • To analyze senior management’s HR auditing goals and issues.
  • To inspect the critical components of an HR audit.
  • To discuss the economic, political, regulatory, and social factors affecting HR audits.
  • To review the use of HR auditing tools.
  • To explain the development of the HR Audit Scorecard.

Course Overview

Does your organization consider the strategic, operational, and compliance-related impact of human capital decisions on its ability to achieve its business goals and objectives?

Does your human capital help your organization achieve its management goals?

Are your employment policies and practices creating material risks and liabilities?

This CPE  PDC/RCH course discusses the development and use of HR Audits in answering these questions and in addressing critical risk management and due diligence issues.

The threats and risks from human resource management issues are increasing. No longer measured in only fines, penalties, and awards for non-compliance, human resource management affects key business metrics, including the organization’s valuation and credit rating. Further, improper human resource management can significantly reduce managerial prerogatives and seriously damage the organization’s reputation and employment brand.

As a result, HR audits have become an important tool in identifying problem areas and are increasingly evolving from an ad hoc audit activity to a critical element of an organization’s risk management and compliance processes.

Numerous external forces and factors have an impact on the demand for and scope of HR audits:

  • First, in the global economy, human capital has become for many organizations the single most important determinant of competitiveness, productivity, sustainability, and profitability.  Increasingly, an organization’s human capital is the source of innovation and a driver of business success. 
  • Second, a confluence of economic, political, and social factors, including corporate scandals, the failure of organizations to adequately assess risks, and increasing stockholder initiatives, have resulted in increased statutory and regulatory requirements, a call for greater transparency, and increased internal and external audit activity.
  • Third, governmental agencies have become more active — some would argue more aggressive — and have committed more resources to conduct assessments of employment policies and practices.  Importantly, the EEOC, the OFCCP, U.S. DOL, and ICE have advised employers that they consider self-assessments and audits a “best practice.”

In this environment, identifying and assessing human capital-related risks have become a critical element of an organization’s success. As a result, an organization’s ability to audit and manage these risks plays an increasing role in helping it succeed.

Major Topics Covered:

  • Purposes
  • Overview/Evolution
  • Risk Management
  • Critical Components
  • Audit Areas
  • Developing an Audit Plan

Join this CPE Payroll Course to understand everything about HR Audits.

  • 1.5 CPE Credit of Personnel/Human Resources for Certified Public Accountants (CPA-US)
  • 1.5 General Credit of Personnel/Human Resources for Accountant/Bookkeeper/Tax Professionals
  • 1.5 PDC Credit of Business Acumen for SHRM Professionals (Approval No. 24-YMKKQ)

    Valid upto : Dec 31, 2024

  • 1.5 RCH Credit of HR (General) for Human Resource Certification Institute (HRCI) (Approval No. 649810)

    Valid upto : Nov 30, 2024

  • 1.5 CPE Credit of Personnel/Human Resources for Iowa Licensed Public Accountant (IA-LPA)
  • 1.5 CPE Credit of Personnel/Human Resources for Maine Licensed Public Accountant (ME-LPA)
  • 1.5 CPE Credit of Personnel/Human Resources for Delaware Licensed Public Accountant (DE-LPA)

  • 1.5 CPE Credit of Personnel/Human Resources for Certified Public Accountants (CPA-US)
  • 1.5 General Credit of Personnel/Human Resources for Accountant/Bookkeeper/Tax Professionals
  • 1.5 PDC Credit of Business Acumen for SHRM Professionals (Approval No. 24-YMKKQ)
  • 1.5 RCH Credit of HR (General) for Human Resource Certification Institute (HRCI) (Approval No. 649810)
  • 1.5 CPE Credit of Personnel/Human Resources for Iowa Licensed Public Accountant (IA-LPA)
  • 1.5 CPE Credit of Personnel/Human Resources for Maine Licensed Public Accountant (ME-LPA)
  • 1.5 CPE Credit of Personnel/Human Resources for Delaware Licensed Public Accountant (DE-LPA)

Additional Information

Credits

1.5

Course Level

Basic

Instructional Method

QAS Self Study
Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

About Instructor

Ronald Adler
Ronald Adler

President, Laurdan Associates, Inc.

  • 4
  • rating
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Ronald Adler is the president-CEO of Laurdan Associates, Inc., a veteran owned, human resource management consulting firm specializing in HR audits, employment practices liability risk management, HR metrics and benchmarking, strategic HR, and unemployment insurance management issues.  Mr. Adler has more than 45 years of HR consulting experience working with U.S. and international firms, small businesses and non-profits, insurance companies and brokers, and employer organizations. 

Mr. Adler is the developer the Employment-Labor Law Audit™ (ELLA®), the nation’s leading HR auditing and employment practices liability risk assessment tool—now in the tenth edition.

Mr. Adler has served as an adjunct professor at Villanova University’s Graduate Program in Human Resources Development and taught a course on HR auditing.  Mr. Adler has additionally served as a certified instructor for the CPCU Society and conducted courses on employment practices liabilities.

Mr. Adler has assisted Congress and state legislatures develop employment and UI related legislation and has testified before the U.S. Senate Finance Committee on unemployment insurance and the U.S. Senate H.E.L.P. Committee on genetic discrimination in the workplace.  Mr. Adler has also served as an expert witness in discrimination and negligent hiring cases.

Mr. Adler is a member of the Society for Human Resource Management (SHRM), has served as a subject matter expert to SHRM on HR metrics and other workplace issues, and has represented SHRM in meetings with the EEOC.  Mr. Adler has also served as a member of the Institute of Internal Auditors

Mr. Adler has a B.S. degree in Finance from the University of Maryland and an M.B.A. from Southern Illinois University.

On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Live Webinar FAQs

What is a Live Webinar Group Internet-Based Credit?

A Live Webinar Group Internet-Based Credit is an interactive, real-time online seminar where professionals can earn Continuing Education credits by participating in live sessions led by experts in various fields. These sessions meet the standards set by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn credits through live webinars?

To earn credits, you must attend the entire live webinar, actively participate in any polls or questions, and complete any required evaluations or assessments. Credits are awarded based on your attendance and participation in the live session.

Are the live webinars approved by NASBA and other regulatory bodies?

Yes, all our live webinars are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the high standards for quality, interactivity, and educational content set by these organizations.

What are the requirements to maintain compliance with live webinar courses?

To maintain compliance, you must adhere to the guidelines set by NASBA and other regulatory bodies, which include attending the full duration of the webinar, participating in interactive elements, and completing any post-webinar evaluations or assessments.

How can I access my webinar completion certificates?

After successfully attending a live webinar and fulfilling all participation requirements, you can access and download your completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Ratings and Review

4

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Owen Mccafferty
Owen Mccafferty, CPA (US)

I found the information and the speaker to be fresh. The idea of HR Audit should be carried over to reviews in Valuation since the accrued penalties in non compliance and the unstated liabilities for profit sharing and pension plan liabilities not shown is material.

AA

Amber Ashford, Accountant/Bookkeeper/Tax Professionals

This was great!

Inclusions
  • Multiple Credits
    Multiple Credits

    Earn continuing education credits with flexibility. Choose from live webinars, on-demand courses, e-books, or podcasts to fit your learning style and schedule.

  • Certifications & Reporting
    Certifications & Reporting

    We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days - fastest in the industry.

  • Credit Tracker
    Credit Tracker

    Track and manage your compliance across all 50 states and over 100 designations. Our Credit Tracker keeps your CPE credits and compliance requirements always up-to-date.

  • Certificate Vault
    Certificate Vault

    Certificate Vault to upload, manage, and access certificates earned from various sources and an integrated credit tracker, allowing users to monitor and manage their credits conveniently for compliance.

  • Compliance Reminders
    Compliance Reminders

    Stay current with our automated reminder system. Receive timely alerts for your CPE requirements, ensuring you never miss a deadline.

  • Mobile App Access
    Mobile App Access

    The myCPE Mobile App allows you to learn on the go, providing access to educational content on Android and Apple iOS devices. You can learn anytime and anywhere, making it convenient for busy schedules.

  • Live Support
    Live Support

    Our support team is available via live chat, email, and phone from 9 AM to 5 PM ET. We're here to help with any questions or issues, ensuring you have a seamless experience.

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