Annual report pursuant to Section 13 and 15(d)

Accrued Payroll and Related Liabilities

v3.19.3.a.u2
Accrued Payroll and Related Liabilities
12 Months Ended
Aug. 31, 2019
Accrued Payroll and Related Liabilities  
Note 7: Accrued Payroll and Related Liabilities

Accrued payroll liabilities consisted of the following at August 31, 2019 and 2018:

 

 

August 31,

2019

 

August 31,

2018

 

Accrued Payroll

 

$

7,812,000

 

$

4,522,000

 

Accrued Payroll Taxes

 

8,201,000

 

4,609,000

 

Corporate employee accrued paid time off

 

399,000

 

346,000

 

Accrued Payroll and related liabilities

 

$

16,412,000

 

$

9,477,000

 

Accrued payroll and accrued payroll taxes represent payroll liabilities associated with its client worksite employees as well as corporate employees of the Company.