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A payroll is a list of employees of a company who are entitled to receive compensation as well as other work benefits, as well as the amounts that each should obtain. [1] Along with the amounts that each employee should receive for time worked or tasks performed, payroll can also refer to a company's records of payments that were previously ...
Accounting can be divided into several fields including financial accounting, management accounting, tax accounting and cost accounting. Financial accounting focuses on the reporting of an organization's financial information, including the preparation of financial statements , to the external users of the information, such as investors ...
Financial accounting is a branch of accounting concerned with the summary, analysis and reporting of financial transactions related to a business. This involves the preparation of financial statements available for public use.
Major examples; Ireland as a tax haven. Ireland v. Commission; Leprechaun economics; Liechtenstein tax affair; Luxembourg Leaks; Offshore Leaks; Paradise Papers; Panama Papers; Swiss Leaks; United States as a tax haven; Panama as a tax haven
Accounting software is typically composed of various modules, with different sections dealing with particular areas of accounting. Among the most common are: Core modules. Accounts receivable—where the company enters money received; Accounts payable—where the company enters its bills and pays money it owes; General ledger—the company's ...
Payroll automation refers to the use of computers to produce paychecks and manage benefit payments for a company or community. Often, payroll automation is integrated into the company's enterprise resource planning system that provides an overall view of the company's or community's finances; in addition to payroll, it can manage customer ...