Plant accountants factor labor cost to determine the effectiveness of their labor input. In order to determine the cost of a unit of production, it is necessary to add direct materials, direct labor ...
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 ...
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 ...
Accounting firms today are at an impasse. The U.S. Bureau of Labor Statistics reported almost 1.5 million jobs in the accounting and auditing sector in 2021, and although the 6% job growth in the ...
In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...
A myriad of reasons are accounting for labor shortage in Montana, according to a recently released report by Department of Labor and Industry economist Christopher Bradley. The state has seen a worker ...
Discover how human resource planning might be used to estimate the correct demand for labor in a given market, both qualitatively and quantitatively.
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, ...