Preventing Payroll Fraud: Steps You Probably Haven’t Taken Commonwealth Payroll & HR

Other methods involve manually altering time sheets or manipulating digital time clock entries to artificially inflate the hours total. This manipulation is particularly prevalent with unauthorized overtime, where an employee falsifies entries to trigger time-and-a-half pay rates. For instance, a payroll manager might set up a fictitious employee and deposit the ghost employee’s salary into […]

Houston Technology & Startups Accounting Experts

Tax services include planning and analysis, Quickbooks, new business consulting, outsourced accounting, payroll, and IRS tax resolution. Ronnie L. Darden has experience in finding tax alternatives that reduce time, money, and frustration spent on preparation. Beyond testimonials, look for firms that back up their claims with real numbers. How to Read a Pay Stub and […]

mark to market: what it means, how to calculate it, and its effect on financial statements

At the end of every day, the broker will mark to market the value of the futures contract. If the value of the futures contract declines too much, you may fall below the margin requirements set by your broker, which will force you to liquidate your cash flow position or add cash to your account. […]