A workers compensation audit is done usually every year to verify that all payroll and class codes are correct for the upcoming year. The audit is done at request of the carrier to ensure that when a workers comp claim is filed, they have the proper information to make an educated judgment on reserve payments necessary.

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Preparing for Workers’ Compensation Audits

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Are you organized for your workers compensation audits and do you know what they’re all about? It’s no secret that the word ‘audit’ tends to scare people, but as long as you have all the paperwork relating to whatever…

Being Prepared for Workers Compensation Audits

The idea of audits of any kind may strike fear into business owners but this needn’t be the case. As long as you maintain accurate records and have the required information to hand, you shouldn’t experience any major difficulties. In this…

Workers Compensation Audits: An Introduction

In New York it is mandatory that all employers of at least one person have workers’ compensation insurance in place. It is also a requirement of the New York Compensation Insurance Rating Board that workers compensation audits be carried out.…