Comparing and Contrasting International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP)

Comparing and Contrasting International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP) By Gary Lasker, CPA, CFE Instead of a domestic oriented economy, we now find ourselves in a world economy.  Even in the world of accounting, a conservative discipline to say the least, the trend is toward globalization.   Since the 1930’s, accountants…

New Hire Reporting Program

New Hire Reporting Program By Sarah Luhrsen, CPA Are you reporting your company’s new employees within 20 days of their hire?  The New Hire Reporting program requires employers to report new employees within 20 days of the employee’s first day on payroll. What is the New Hire Reporting Program? It is part of the federal…