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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.
View items...California CPA Gets Ban, Money Penalty
- Tuesday, 25 February 2014
- News
- Written by The Progressive Accountant
An Alameda, Calif.-based CPA and his firm have been barred from practice before the SEC. Sam Kan and Sam Kan & Co. drew the action for audits of the financial statements of four client companies, often performed by a staff member with no audit experience. The company also ordered to pay disgorgement of $40,000, $1,155.26 prejudgment interest expense and a $40,000 civil money penalty.
Wolters Kluwers Tax and Accounting Strong in 2013
North American Tax & Accounting operations turned in 4-percent organic growth for 2013, Wolters Kluwer said this week. Software revenue growth for the CCH parent was offset by decline in bank product and print revenue last year. Meanwhile, the parent company reported earnings for the year were up while IFRS revenue was down 1 percent, although up 2 percent in constant currencies.
PCAOB Bars Miami CPA
- Monday, 17 February 2014
- News
- Written by The Progressive Accountant
A Miami, Fla., CPA who repeatedly dodged scheduled dates for sworn testimony has been censured by the Public Company Accounting Oversight Board. Douglas A. Labrozzi, whose excuses included vacation plans, was barred from being associated with a PCAOB firm and registration of his firm Douglas A. Labrozzi CPA, was revoked for the refusal to cooperate with an investigation and for backdating audit documents.
Sageworks Debuts PinPoint Business Valuation
- Thursday, 13 February 2014
- New Products
- Written by The Progressive Accountant
Web-based PinPoint, a business valuation platform, helps advisors determine an accurate and legally defensible value for private companies. The application calculates projections based on the income, asset and market approaches, enabling valuators to produce a value from each approach and weight these according to the type of valuation being performed.
Thomson's Tax & Accounting Revs Up in 2013
- Wednesday, 12 February 2014
- News
- Written by The Progressive Accountant
The Tax & Accounting business turned in a good performance for Thomson Reuters for 2013. The operation showed a 9-percent increase in revenue over 2012 results with both the Corporate and Professional segments showing double-digit increases in sales that were offset by a 33-percent drop in government revenue.
Colorado CPA Draws SEC Suspension
- Monday, 10 February 2014
- News
- Written by The Progressive Accountant
The SEC has temporarily suspended an Aurora, Colo.-based accountant whose actions as an auditor resulted in a federal court enjoining him from violating securities laws. The SEC took the action against Lawrence O'Donnell, whose operated the firm Larry O'Donnell CPA. O'Donnell drew court action for his alleged actions in signing off on the financial statements of Imperiali from 2006 through 2009 that assigned millions of dollars in values to what were said to be worthless assets.
CEO: Technology Changed ADP Service Delivery
The Internet and mobile technologies have dramatically reshaped how Automatic Data Processing sells its services and delivers them. More than 70 percent of new sales involved web-based product delivery and the company's representatives have switched to mobile product demonstrations, according to CEO Carlos Rodriquez.
Grant Thornton Starts Global Tech Industry Group
- Thursday, 30 January 2014
- News
- Written by The Progressive Accountant
Grant Thornton has created a Global Technology Industry Group. The new unit is led by Steven Perkins, national managing director of the Technology Industry Practice at the Grant Thornton LLP, the U.S. member firm, and will start with a steering committee of 17 leaders from the Grant Thornton global network.
KPMG Ordered to Pay U.S. $8.2 Million
- Friday, 24 January 2014
- News
- Written by The Progressive Accountant
KPMG has been ordered to pay the United Sates $8,226,349 dollars for violating auditor independence rules. The Big Four accounting firm this week was assessed that amount and censured and ordered to cease and desist from committing any other such infractions that the SEC said had occurred from 2007 through 2011.
Intuit: Double Customer Base in Five Years
Intuit wants to double the number of customers and substantially increase the number of tax filers by 2018. That was a goal outlined this week by the tax and accounting software company during its annual shareholder meeting. CEO Brad Smith also talked about reaching a point where data entry in preparing tax returns is automatic.
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