HR Auditing: Major HR Issues for 2020 -- Are You Ready to Handle Them?

OVERVIEW HR audits are designed to help organizations focus their attention on their human resource management practices, policies,procedures, processes, and outcomes by providing them with a structured and systematic series of questions about key compliance, risk management, internal auditing, and human resource management issues. HR audit processes are designed to help organizations identify potential and actual problem areas, help assess the effectiveness of HR management activities, help assess weaknesses in HR internal control processes, and help assess human capital strategic and compliance related risks. HR audits then typically provide suggestions for corrective action. Importantly, human resources audit programs consider human capital related risks and opportunities from an enterprise risk management (ERM) perspective. That is, HR audits take a holistic approach in assessing human capital risks and attempts to indicate the interrelationships and interactions between ...