The labour codes mandate that at least 50% of an employee's total remuneration must be treated as wages, the basis for ...

Companies must recognise higher gratuity and leave liabilities under new labour codes as expenses in interim financial ...

The FAQs clarify how the 50% wage rule increases gratuity and leave liabilities and why these changes must be treated as past service costs under accounting ...

The new codes have reduced the work threshold for paid annual leaves from 240 days to 180 days, making them accessible sooner ...

Direct labor rates are the labor costs directly resulting in the production of a product or delivery of a service. These costs include wages as well as payroll taxes, insurance, retirement matches, ...

BUFFALO, N.Y. — The University at Buffalo School of Management hosted the fourth annual Labor and Accounting Group Conference April 18-20, bringing together leading academic researchers to discuss ...

Over the past decade, technology has drastically changed the ways candidates find jobs and the ways employers find candidates. More recently, the tight labor market has also become a factor in the ...

The accounting profession is facing a perfect storm of staffing challenges. There aren't enough accountants to handle the rising workloads, the workforce is getting older, and the number of new CPAs ...

Cost allocations using the direct labor method of accounting work the best when a business produces only one or two types of products. Using this traditional method of determining a company's labor ...