Company: PAYC
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000950170-25-024136
Chunk: 183

Company: Paycom Software, Inc.
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 183
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INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

    Page

    Paycom Software, Inc. 

    Consolidated Annual Financial Statements

    Report of Independent Registered Public Accounting Firm (PCAOB ID Number 248)
    54

    Consolidated Balance Sheets as of December 31, 2024 and 2023
    56

    Consolidated Statements of Comprehensive Income, Years Ended December 31, 2024, 2023 and 2022
    57

    Consolidated Statements of Stockholders’ Equity, Years Ended December 31, 2024, 2023 and 2022
    58

    Consolidated Statements of Cash Flows, Years Ended December 31, 2024, 2023 and 2022
    59

    Notes to the Consolidated Financial Statements
    61

53

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Board of Directors and Stockholders

Paycom Software, Inc.

Opinion on the financial statements 

We have audited the accompanying consolidated balance sheets of Paycom Software, Inc. (a Delaware corporation) and subsidiaries (the “Company”) as of December 31, 2024 and 2023, the related consolidated statements of comprehensive income, stockholders’ equity, and cash flows for each of the three years in the period ended December 31, 2024, and the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024, in conformity with accounting principles generally accepted in the United States of America.

We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (“PCAOB”), the Company’s internal control over financial reporting as of December 31, 2024, based on criteria established in the 2013 Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”), and our report dated February 20, 2025 expressed an unqualified opinion.

Basis for opinionThese consolidated financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s consolidated financial