Print Payroll Reporting & Premium Audit for Small Businesses The New York Compensation Insurance Rating Board requires insurance carriers to audit the payroll records of employers for the purpose of determining premiums for workers’ compensation policies. In many instances, a NYSIF auditor will examine your books and records to determine payroll. In certain cases, a policyholder may be permitted to complete an underwriting payroll report or a premium audit payroll statement in lieu of an actual audit. How can I best prepare for the workers’ compensation premium audit? Instructions for completing underwriting payroll report forms What is a premium audit statement and how do I complete the form? Make Audits Work For You (pdf)