posted by Administrator on Jun 27
In a fast-paced world where working adults tend to focus on their jobs to be able to feed mouths at home, they tend to take things aside from their focus less seriously. There are a lot of things that one should consider when the matter is regarding money and numbers – it will put an individual, or even a company in a stockpile of mess, and even a stockpile of lawsuits coming from the IRS if there are things that are left unaccounted for, or even undocumented things that the government may deem inappropriate or cheating the government itself.
posted by Administrator on Aug 19
Image source: www.exagos.com
In 2002, the normal wage and salary annual earning of an accountant is $47,000. The middle half of the occupation earned between $37,210 and $61,630. The top 10 percent of accountants earned more than $82,730, and the bottom 10 percent earned less than $30,320. In 2002, normal annual earnings in the industries employing the largest numbers of accountants and auditors were:
Federal Government $51,070
Accounting, tax preparation, bookkeeping, and payroll services $49,520
Management of companies and enterprises $49,110
Local government $44,690
State government $42,680
In the Federal Government, the starting annual salary for junior was $23,442 in 2003. Candidates who had a superior academic record might start at $29,037, while applicants with a master’s degree or 2 years of professional experience usually began at $35,519. Beginning salaries were slightly higher in selected areas where the prevailing local pay level was higher. Accountants employed by the Federal Government in non- supervisory, supervisory, and managerial positions averaged $69,370 a year in 2003; auditors averaged $73,247.
posted by Administrator on Jun 5
Here are some of the most important accounting references law regulations:
1. Age Discrimination In Employment Act (ADEA)
2. Americans with Disabilities Act (ADA)
3. Bad Check Law
4. Civil Rights Act of 1964
5. Employee Polygraph Protection Act (EPPA)
6. Employee Retirement Income Security Act (ERISA)
7. Equal Credit Opportunity Act (ECOA)
8. Equal Pay Act
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posted by Sherill on Apr 4
www.viewimages.com
• Service Quality – Vendors should ensure that the project is delivered within the agreed quality standard as discussed by both parties. They should also imbibe the best management practice and complete the assigned project on time.
• Data Security – This is a very important concern of clients in considering whether they want to outsource a critical function like accounting to a third party. The vendors should take all necessary precautions to keep the faith of their clients. Generally, data security also needs to address the security transfer, work station security, employee credibility, and the evaluation of the project after completion.