Essay
You're "doing the books" for a local consulting firm as part of an internship. The rest of the consultants don't have much background in accounting; they're very curious about the work you do and your college studies.
-Employees in the consulting firm are paid twice a month. They track their own hours and report them via e-mail to you on the 17th for the first half of the month (i.e., on July 17 for the first half of July) and on the 2nd for the second half of the preceding month (i.e., on August 2 for the second half of July). You use Excel to compute each employee's gross pay; you then prepare paychecks using the firm's general ledger software. The senior manager signs the payroll checks and leaves them in each staff member's mailbox. Prepare a list of three internal controls you would recommend for the firm's payroll process.
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