A Review
of the
Payroll
Function
Bayou Stores Ltd
September 2013
A Student
AAT Number 12345678
Kaplan Nottingham
01 September 2013
Word Count (exc appendices) 4584
Signed
01 September 2013
Note the
information
required on the
Title Page
Contents
Section
1 Terms of Reference
2 Methodology
3 Executive Summary
4 Introduction
5 Review of Accounting Systems
6 Recommendations
7 Appendices
Page
3
4
5
7
9
13
16
Note the format and
structure of the table
of contents
2|Page
Note the page numbers
1
Terms of Reference
1.1
This report has been written to cover the requirements of the Level 4 ISYS Unit of the AAT
accounting qualification.
1.2
The report looks at the issues within the payroll function at Bayou Stores Ltd and suggests
recommendations to help improve this function.
1.3
The report also reviews Bayou’s commitment to sustainability and highlights any potential
ethical issues that may be present.
Note the
paragraph
numbers
3|Page
2
Methodology
2.1
Interviews were held title the three accounts staff and the owner of the business to allow them to
Note the section with
express their views on any issues the accounts function may be facing.
2.2
Observations of the payroll function have been carried out to give a practical overview of the issues
encountered by the payroll clerk.
2.3
Staff members were interviewed to obtain a better understanding of the issues they faced.
2.4
Research for the recommendations included using practical experience as well as external sources of
information. See appendix 1 – Bibliography.
Note the use
of appendix
numbers
4|Page
3
Executive Summary
3.1
This report focuses on the weaknesses and issues discovered within the payroll function
when researching the accounts department of Bayou. A number of weaknesses and issues
have been indentified and are discussed...