Incentive Compensation Audit Work Program

This document provides two work programs focused on reviewing incentive policies and procedures, speaking with key individuals, and gaining understanding of key incentive compensation processes.

Audit steps include: review known best practices; set up work paper organization tool; develop project plan and determine scope; budgeting; coordination meeting with process owner; obtain worldwide commissions process/functional overview and expense allocation; obtain a copy of company sales commissions/ bonus/draw policies and procedures; review procedures prior to beginning fieldwork; draft any questions that may be asked during interviews and while process mapping; etc.