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Rippling Expands EOR Program 2

 Rippling has expanded its Employer of Record program to eight new countries. The change is part of the latest monthly release of the office application.

With EOR, a user can establish a legal entity in a country outside the United States, giving the user the ability to hire and pay employees in other countries. The latest additions are Colombia, Costa Rica, Denmark, Israel, New Zealand, the Philippines, Switzerland and Turkey.

In addition, Rippling is providing hourly workers with a weekly break down of pay on paystubs so they can see hours worked, including overtime, for each of the weeks included in the pay period.

Users can now down payroll comparison data as a CSV file. Rippling says it has also provided more efficient time-entry CSV imports for Time an Attendance since users can automatically reconcile timestamps based on the employee’s timezone and

filter down to a specific set of imported entries and delete only those 

They can also import thousands of entries in seconds, versus 30 minutes.

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Audit Risk Assessment Standards Updated

Audit risk assessment standards have been revised by the Auditing Standards Board of the American Institute of CPAs. The committee has issued Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement, which become effective for financial statements ending on or after Dec. 15, 2023. 

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Armanino Starts Certification Program

Armanino has launched a certification program, Industry Edge, for employee of the accounting firmn in five different sectors. The program covers Technology, Real Estate, Nonprofit, Healthcare and Cannabis businesses and offers three levels of credentials in each.

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RSM Survey: ESG Awareness Rising

Middle-market business leaders are increasingly aware of environmental, social and governance) issues and have adopted formal ESG plans. That was the major conclusion of the recently released RSM US Middle Market Business Index ESG Special Report.

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Thomson Creates $100 Million Fund

Thomson Reuters has created a $100 Corporate Venture Fund to support the development of  professional services organizations. Thomson Reuters Ventures will invest in the company's  markets: Legal, Tax & Accounting, Risk, Fraud, and Compliance, News and Media. 

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Patriot Updates Accounting Software

Patriot Software has introduced subaccounts in the chart of accounts for its Accounting Premium application. This was one of a series of updates the company announced this week to its financial products.

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QBO Advanced Excel Links Coming

Intuit is adding links between Excel and QuickBooks Online Advanced, the mid-market version of its widely used cloud accounting software. Two-way syncing between Excel and Advanced will be added next year.

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Small Biz Benefits Offers Tools

 Small Business Benefits, a Paychex subsidiary, has established a digital marketplace for small business. Membership in the network is free.

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Small Biz Benefits Offers Tools

Small Business Benefits, a Paychex subsidiary, has launched a marketing platform for small business. Launched in July, the company is offer SMBs tools and resources so they won’t have to field their own marketing operations.

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Paychex Sales Rise 16 Percent 

Paychex reported a strong start to fiscal 2022 with a 39.4-percent increase in net income of a 16-percent rise in revenue for the first quarter ended August 31. With expenses dropping by 1 percent, net income rose to $326.9 million for the most recently ended quarter from $234.6 million a year ago.

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Bill.com Raises $1.9 Billion

 Payments software company Bill.com has raised $1.9 billion in a combination of a secondary stock offering and convertible debt issue. The company recently closed both capital-raising rounds.

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