Blogs

Why Corporate Training Is Necessary For Your Business

Illumeo Customer Success's Profile

As part of its st

How Are Re-certification Credit Hours Beneficial for CPPs?

Illumeo Customer Success's Profile

Payroll is the process of calculating and disbursing wages, salaries, bonuses, expenses and deductions relating to employees' compensation for their work.  It is necessary to maintain financial records, understand current laws and regulations, detailed knowledge of tax issues, and a system to ensure employees are compensated accurately.

Business Planning is Crap

Gene Siciliano's Profile

Catchy title, eh? But it must be true, because so few small and mid-sized companies do it. Why would anyone who wants to build a successful company avoid doing something that might help them succeed? Well there are a lot of very solid reasons, or so we’re told. In fact, we’ve been told one or more of those reasons so often that I made a list of them for my last book.

What are Compensated Absences?

Illumeo Customer Success's Profile

After a full year of COVID-19 related restrictions, many employees have deferred the usage of their vacation and sick days.  Because companies must account for the possibility of these hours being used in the future, it is likely that the compensated absences liability will be substantially larger for 2020 t

Corporate Training And The Digital Transformation

Illumeo Customer Success's Profile

Digital transformation and change management involve multiple components and each has to be arranged in a way that could lead to achieving the goals successfully. Forward-thinking leaders realize that the first step towards improving competitive advantage is to digitally transform their corporate training program.

Why Is It Important For HR Professionals To Go For Continuing Education?

Illumeo Customer Success's Profile

Like any other profession, HR requires professionals to keep themselves updated with changes in laws related to employment, understand the latest practices to handle HR issues, and find new ways to contribute to the company's goals.

Understanding SAS 136

Illumeo Customer Success's Profile

Statement on Auditing Standards No.136 (SAS 136), Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA (Employee Retirement Income Security Act of 1974), addresses issues related to the quality of the independent audit work done on employee

Challenges Related to Distance Learning

Illumeo Customer Success's Profile

With the growth in demand for education in both academic and industrial structures, there is also demand for flexibility to integrate continuous learning in day-to-day life. This demand has resulted in implementing new learning and teaching techniques like distance learning.

Single Audit Challenges

Illumeo Customer Success's Profile

The coronavirus has added several challenges for those performing single audits for clients with the primary challenge being how to deliver a quality audit to the client in a timely manner.  In December 2020 the Office of Management and Budget (OMB) released the newest addendum to the Compliance Supplement a

Identity Theft And Unemployment Benefits Fraud

Illumeo Customer Success's Profile

Americans are experiencing unemployment fraud as they started to receive documents for calculating their taxes. These scams have increased with the rise in unemployment due to the COVID-19 pandemic. Scammers are using stolen names and personal information for filing and receiving unemployment benefits.