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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...BNA Parent Absorbs IOMA, Kennedy
- Tuesday, 19 April 2011
- News
- Written by The Progressive Accountant
The Bureau of National Affairs has purchased substantially all the assets of BNA Subsidiaries, a subsidiary whose product lines had been IOMA and Kennedy Information. BNA had placed the operation in Chapter 11 bankruptcy in September and a reorganization plan was confirmed by the bankruptcy court on March 22. The unit was to be renamed Kennedy Information. The sale of assets to BNA was made in consideration of its debtor-in-possession financing and intercompany claim.
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SEC, PCAOB Bar Utah CPAs
A former partner at a Utah CPA firm has been permanently banned and another partner barred for at least five years from associating any public accounting firm registered with the Public Company Accounting Oversight Board. The action was taken against two partners of Chisholm, Bierwolf, Nilson & Morrill of Bountiful, Utah, for failing to cooperate with a proposed PCAOB inspection and subsequent investigation. It also permanently revoked the firm's registration with the most serious charges surrounding the audit of an oil-and-gas-drilling business that was claiming properties it didn't own as assets.
Read more...New York CPAS Face SEC Hearing
Two New York City CPAs face hearing over SEC charges their lack of knowledge of accounting for derivatives played a major role in a client's substantially overstating assets and losses for two fiscal years. The SEC said the two, who were auditors for Kentucky Energy, turned over preparation of the clients' 2004 and 2005 financial statements to a consultant who was not a CPA and whose father was a VP and director of Kentucky Energy.
Read more...BNA Names Marketing, Technology Heads
- Wednesday, 06 April 2011
- News
- Written by The Progressive Accountant
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BNA appointed two executives to lead its marketing and technology efforts. The company has named Lisa Fitzpatrick as chief marketing officer and John H. Camp as chief technology officer. In particular, the company said that Fitzpatrick's appointment was aimed at supporting marketing efforts across the company, instead of within different market areas.
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SEC Slams PriceWaterhouse India Firms
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Five Indian members of PriceWaterhouseCoopers International have been censured by the SEC for their role in missing signals of massive fraud by Satyam Computer Services. That fraud included overstatement of bank accounts by hundreds of millions of dollars from 2006 through 2008 for a total of more than $1 billion in overstated revenue and cash. The fraud was undetected until the company's former chairman confessed in 2009. The problems led PW International to replace the audit teams involved and auditors from PW firms outside India were brought into the country in 2009 to provide audit leadership. The five firms were also ordered to pay a $6-million civil money penalty as they agreed to a cease-and-desist order.Read more...
CCH Names Publishing VP in Continuing Reorg
CCH has named a new vice president of publishing as the previous occupant ended up out of the company. And combined with the recently announced creation of a tax business unit, it appears the Wolters Kluwer subsidiary is in the middle of a significant reorganization. Paul Gazzolo took over the position, replacing Gene McGovern who left CCH after serving the company since March 2003. Gazzolo was previously president of encyclopedia publisher, World Book.
CPA Clients Thrive in Microsoft Awards
- Friday, 01 April 2011
- News
- Written by The Progressive Accountant
Companies that purchased their financial software from the technology consulting arms of accounting firms did well in this year's Microsoft Customer Excellence Awards. Four clients of three CPA firm units have received awards for their use of Dynamics products and will be honored in early April at the Microsoft Convergence user conference in Atlanta.
Intuit to Resell Salesforce CRM
- Friday, 01 April 2011
- News
- Written by The Progressive Accountant
Intuit is going to resell Salesforce CRM with integration that synchronizes customer data with QuickBooks and QuickBooks Online. The plan was announced today as part of a deal between Intuit and Salesforce.com to offer the customer relationship management package via the Intuit App Center. The product is expected to be available in the summer with pricing announced then.
WG&L VAT Handbook
- Thursday, 31 March 2011
- New Products
- Written by Bob Scott
The WG&L VAT Handbook, already available on the Checkpoint platform, has been released in print version. The handbooks offers expert guidance, a comprehensive overview of key concepts, examples and illustrations, and practical steps for Value Added Tax compliance.
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CBIZ Exec Pay Down for 2010
Compensation for five top executives of CBiz dropped in 2010 as base pay held steady and stock, option and non-equity incentive pay dropped. The overall declines ranged from a drop 2.6 percent to 7.8 percent down. Compensation for CEO Steven Gerard fell to $2.2 million for 2010, down from $2.6 million in 2090, a change of minus 5.6 percent. For Gerard, the big change was in the non-equity incentive award which fell to $354,375, off 15.7 percent from $420,190.
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