You do everything you can to make sure A/P internal controls are followed. But there’s always a risk. (more…)
Accounting
Reminder for your Payroll folks: Certain bonuses must be included in the regular rate of pay. And if they're not, the Dept. of Labor gets very upset. (more…)
What happens when workers are blatantly cheating the system and fudging their actual "hours worked"? (more…)
The FASB has issued a major new rule that will change your financial reporting. (more…)
There appears to be a growing gap in communication on a key issue facing most companies – an issue that could result in a massive hit to your bottom line. (more…)
Full-time accounting and finance pro, part-time sociologist? That might be exactly what you want from your team members. (more…)
Now here’s a company that seems to believe in the old adage: “If you’re going to break one rule, you might as well break them all.” (more…)
Finance pros are eager to see what the DOL's new overtime rules will look like this summer -- not because they're fans, but because they want to see how much their FLSA compliance efforts will have to change in a very…
When most people talk about toxic employees, they’re thinking back to that awful worker who lasted a few weeks before the organization just couldn’t take it any longer and cut him loose. But the truth is, toxic employees often stick…
After a single comment by a DOL official let employers know the new overtime regs wouldn’t actually be released in the early part of 2016, more specific information about the targeted release date has surfaced. (more…)
It's been a busy year at CFODailyNews. Here's a look at the ten stories that attracted the most eyeballs in 2015. (more…)
The IRS just made it possible for small businesses to immediately deduct many expenditures they'd otherwise need to spread over a period of years through annual depreciation deductions. (more…)
