More than 11 percent of workplace frauds involve payroll, the average loss of such fraud was $48,000 and average schemes escaped detection for nearly 36 months, according to a 2012 study by the ...

A business' payroll is considered a liability, which means that most payroll information is recorded under the Liabilities column in ledgers and on balance sheets. Payroll accounting involves paying ...

Feb. 7—An independent audit has confirmed that understaffing, a lack of internal controls and software issues combined to cause recent payroll problems in the Portland school department. The audit ...

Maintaining proper controls over information technology is a constant concern for businesses as they try to use technological advances to drive efficiency and growth. Principle 11 in the newly updated ...

New policy formalizes how client data is collected, used, stored, and reviewed across operations Leonard Cagno has announced the adoption of a new internal privacy and data handling standard across ...

Three Fort Worth school trustees demanded tighter controls Tuesday night over district overtime and employee payroll practices after an internal audit found that some employees racked up thousands of ...

Learn how administrative accounting supports decision-making and operational control with roles like payroll management and budgeting. Discover key differences from financial accounting.

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