You have been recently appointed as CFO of Lahore Enterprises. Lahore enterprises deals in the manufacturing of towels which are supplied in domestic as well as in international markets. Labour are usually paid on hourly rate basis. Hours spent by labour is currently being manually recorded in the register by floor manager and sent to finance department on monthly basis for salaries processing.

CEO of Lahore Enterprises has raised his concerns over underlying process of recording hours spent by Labour working in the Company. He has asked you to revamp the controls on payroll of Lahore enterprises to ensure Labour is paid as per the actual hours worked.

Keeping in consideration the concerns raised by CEO, write down the principal controls along with their objectives that you would implement on Lahore Enterprises over salaries and payroll.