A business' payroll is considered a liability, which means that most payroll information is recorded under the Liabilities column in ledgers and on balance sheets. Payroll accounting involves paying ...

Every company like to believe that its employees and management are above reproach and would never do something to harm the organization. However, it is also a wise business move to have systems in ...

Feb. 7—An independent audit has confirmed that understaffing, a lack of internal controls and software issues combined to cause recent payroll problems in the Portland school department. The audit ...