2019年10月1日 · How Does the Fair Labor Standards Act (FLSA) Work? The FLSA is enforced by the U.S. Department of Labor. The FLSA establishes a federal minimum wage and provides the standards for overtime pay (currently 150% of a worker's regular wage rate for all hours over 40 in a …

2020年11月11日 · The descriptors 'exempt' and 'non-exempt' are used to describe different categories of employees as defined by the Fair Labor Standards Act (FSLA) according to US Federal employment law. Typically, a non-exempt employee is an hourly wage earner who is entitled to overtime pay at a rate of 1.5 times the usual hourly rate.

2020年8月8日 · In accordance with the Equal Credit Opportunity Act, Fair Isaac does not consider age, race, color, religion, national origin, gender, or marital status when calculating a FICO score. Salary, job title, employer, where the borrower lives, interest rates on the borrower's other debt, and employment history are also not factored in.

2019年10月1日 · The U.S. Treasury created the OCC in 1863 as part of the National Currency Act. How Does the Office of the Comptroller of the Currency (OCC) Work? The primary task of the OCC is to regularly examine banks.

2019年10月1日 · But in 2002, the Financial Accounting Standards Board (FASB) issued Interpretation 45, stating that guarantors must book the fair value of the guaranteed obligation as a liability on the balance sheet and that they must do so at the inception of the guarantee.

2020年8月12日 · Required Reporting for Consolidated Financial Statements . There are few consolidated financial statement reporting requirements for private companies, but public companies must follow generally accepted accounting principles (GAAP).

2020年9月29日 · The idea is that the investor is entitled to fair and transparent disclosure about an asset manager's true performance over time. Because many asset management companies compare the size of their AUM with competitors as a measure of success, accurate disclosure is especially important for accurately evaluating the returns earned by an asset ...

2019年10月1日 · Payroll is a major expense for most companies and is the primary component of labor cost. It is important to remember that labor costs vary by industry, so it’s important to use caution when comparing companies in different industries. Where to Find Payroll . Payroll expenses are part of labor costs and can be found on the income statement ...

2020年8月21日 · Usury is another word for predatory lending, which is the act of imposing unfair and abusive loan terms on borrowers. Predatory lenders charge unreasonably high-interest rates and usually target borrowers with poor credit and few other options to borrow money at reasonable rates.

2019年10月1日 · Chapter X was originally part of the Bankruptcy Act of 1898 and the subsequent Chandler Act of 1938. It offered a framework for the overall reorganization of financially distressed corporations and gave relief to them by requiring the appointment of at least one trustee or examiner for organizations in bankruptcy.