Developments including greater use of technology, less unionization in the workplace and an increase in compliance information available online are having a big effect on compliance with the Fair Labor Standards Act, according to experts. Technology for timekeeping can be beneficial but poses a risk for violations by managers and employees, the experts say.
Companies are not doing enough in terms of their ethics-related efforts such as anti-corruption and fraud prevention measures, according to the Organization for Economic Cooperation and Development. Alexandra Levit offers six steps for making sure companies' ethics adapt to modern times, starting with the establishment of clear ethical guidelines that are always followed.
US prosecutors are pursuing charges against seven people accused of stealing nonpublic information in 2016 after hacking into the Securities and Exchange Commission's EDGAR database for corporate filings. Prosecutors say the stolen data were used to generate $4.1 million via trades from May until at least October of that year.
Our jobs are important parts of our lives, and retirees may have to find a new way to define their identities after they leave the workforce. Research suggests that retirees go through two main processes as they deal with this issue.
The Internal Revenue Service issued an updated contingency plan Tuesday outlining how it will function during tax season. Approximately 57% of its employees will be recalled to work to handle return processing and call center functions.
Technology is changing both how CPAs perform core services and the types of services they perform. Should the CPA licensure process evolve, too? The National Association of State Boards of Accountancy, the AICPA and a wide variety of the profession's stakeholders are joining forces to figure that out.
Negotiating a compensation package can be a challenging process, and it's best to wait until the right time in the hiring process to start discussing numbers. Tips to secure a fair package include knowing your value in the job market and considering benefits in addition to salary.