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The Act prohibits the shipment of goods in interstate commerce that were produced in violation of these provisions Employees may file a complaint with the Wage and Hour Division of the Department of Labor, or can file suit individually to obtain up to three years of unpaid back pay The Wage and Hour Division can bring criminal proceedings against a willful violator and issue fines of up to $1,000 per violation McNamara-O Hara Service Contract Act of 1965 This Act covers contractors who work on federal government contracts involving services by service employees These are nonexempt employees who are not categorized as administrative, professional, or executive The covered federal contracts do not include services performed outside the geographical boundaries of the United States, for public utilities, for transport contracts involving published tariff rates, construction or building repairs, employment contracts directly to a government agency, or for services to the communications industry Under this Act, contractors performing services in excess of $2,500 must pay those employees working on a federal contract at least as much as the wage and benefit levels prevailing locally If a contract is less than $2,500, then the federal minimum wage rate must be paid Also, employers must pay overtime at a rate of one and one-half times the regular pay rate for work hours exceeding 40 in a work week Furthermore, employers must inform those employees working on federal contracts of their pay rates and benefits under this Act The Wage and Hour Division of the Employment Standards Administration handles complaints related to the wage and benefits provisions of this Act If a violation occurs, the government can withhold sufficient amounts from its contractual payments to a contractor to cover any underpayments to employees, pursue legal action to recover underpayments, and prevent a contractor from bidding for future federal contracts for up to three years Walsh-Healey Public Contracts Act of 1936 This Act forces government contractors to comply with the government s minimum wage and hour rules It applies to those contractors who sell equipment and supplies to the government, as long as the value of contracts is at least $10,000 Under the Act, employers must pay their employees one-and-a-half times their regular rate of pay for overtime hours worked within a work week Employees must be paid at least the prevailing minimum wage for the same or similar type of work in the region when production is occurring Suppliers in areas that have statutory or regulatory exemptions, such as periodical deliveries, public utilities, and common carriers, are exempted from this Act The Wage and Hour Division of the Employment Standards Administration handles complaints related to the wage and benefits provisions of this Act A contractor who does not comply with this Act can be liable for damages for the amount of unpaid wages, and can be prevented from receiving government contracts for a three-year period.



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The Uniform CPA Examination (UCPAE) is a national test developed by the American Institute of Certi ed Public Accountants and administered in 54 jurisdictions (all 50 states of the USA, the District of Columbia, the US Virgin Islands, Puerto Rico, and Guam) as one of the requirements for obtaining a license to practice as a CPA There are four sections to the test, and, historically, over 300,000 examinations have been given each year The examination has been revised and was administered via computer beginning in 2004 The impetus for the revision and computerization of the examination was the rapidly changing business and nancial environment in American and global business, the increasing need for CPAs to exercise judgment in the interpretation and application of accounting standards and principles, and the emphasis on the application of technology to the work of CPAs An oversight group, the Board of Examiners (BOE), makes policy decisions regarding the CPA examination The BOE has traditionally included CPAs who have volunteered to participate on a committee to oversee the development of the UCPAE to ensure content validity Several subcommittees support the work of the BOE Single purpose task forces are also empanelled on an as-needed basis to recommend BOE action on speci c issues As part of the development of the computerized examination and in recognition that psychometric expertise was needed to augment the auditing and accounting expertise of BOE members, psychometricians were added to the BOE and to several of its committees and task forces The testing program at AICPA provides an illustration of some challenges and innovations discussed in the early sections of this chapter The future we envision for testing will only materialize as a result of maturation and innovation in all aspects of the testing profession This maturation requires some time It will evolve in the future as small, incremental improvements and innovations are successfully implemented and as errors help us identify our mistakes and identify solutions In this section of the chapter, we document some of the steps we have taken over the few years leading up to the introduction of the computerized Uniform CPA Examination Below is a brief description of some solutions we pursued and the lessons we learned along the way.





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Payroll-Related Laws / 225

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