Booz Allen Hamilton Holding Corp
For the period ended Sep 30, 2024. Filed Oct 25, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 25, 2024
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7. Accrued Compensation and Benefits
- Accrued Compensation and Benefits
Accrued compensation and benefits consisted of the following:
| September 30,2024 | March 31,2024 | |
|---|---|---|
| Bonus | $59,251 | $151,063 |
| Retirement | 129,948 | 57,465 |
| Vacation | 242,022 | 223,385 |
| Other | 249,276 | 74,217 |
| Total accrued compensation and benefits | $680,497 | $506,130 |
Other accrued compensation and benefits as of September 30, 2024 and March 31, 2024, respectively, includes $240.0 million and $41.7 million of the Company’s accrued payroll related liabilities. The Company changed its payroll cadence during the second quarter of fiscal 2025, resulting in the increased liability at period end.
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