Explore how AI is transforming the accounting industry, from auditing to predictive analytics, and the challenges and opportunities it presents.
Read more...
Discover how accounting firms are embracing remote work to transform operations and boost productivity. Learn about key strategies and real-life success stories in the accounting industry.
Read more...
Discover how quantum computing is poised to transform accounting, offering unparalleled speeds and efficiency in data processing, financial analysis, and real-time decision-making.
Read more...
Explore the recent IRS tax amendments and their implications for business compliance. This article highlights changes in deduction rules, the role of digital solutions, and the increasing importance of accounting firms in navigating these shifts.
Read more...
Explore the latest changes in sales tax compliance and economic nexus affecting businesses. Learn how recent rulings and technology are shaping tax strategies.
Read more...
Explore recent key shifts in accounting personnel across major firms like Deloitte, PWC, EY, and KPMG. Discover how these changes are influencing the industry's direction.
Read more...
Payroll isn’t just a back-office function; it’s a strategic engine that powers both financial performance and employee confidence. Every payroll run influences cash flow, compliance, and reporting accuracy, while shaping how employees perceive their value within the organization. This special report reframes payroll as a critical driver of financial discipline and a cornerstone of the employee experience, elevating it from…
Employees are returning to the workplace, which represents an opportunity for Automatic Data Processing, CEO Carlos Rodriguez said during a recent earnings webcast. for the first quarter ended. Those comments came as ADP reported a 16.3-prercent rising in ent income on a 10-4percent increase in earnings for the first quarter ended September 30.
“Our clients are eager to hire and we are seeing workers return to the labor force, even if it's gradual,” Rodriguez said. “As a result, we expect to benefit from an above-normal level of pays-per-control growth over the course of the year.”
The payroll services company reported net income of $700.5 million for the most recently ended quarter, up from $602.1 million a year earlier. Revenue reached $3.83 billion, compared to $3.47 billion in last year’s corresponding period.
New CFO Don McGuire said that the Professional Employer Organization services “had another terrific quarter.” Average worksite employees increase 15 percent year-over-year to 629,000 with total PEO revenue also up 15 percent.
Rodriguez said ADP needs to grow its workforce, as revenue growth exceeded expense growth. “I would say that we have a strong appetite for growing our sales force, but also for growing our investment in marketing, whether it's digital marketing or more traditional advertising,” he said. ADP is trying to add capacity for implementation and service before year’s end.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind