ACCB 224 Payroll Accounting*

This course is designed to teach the student the entire payroll function from all related areas-human resources, payroll clerk, payroll reporting officer, and the accounting responsibility for journalizing payroll. The course will provide a comprehensive coverage of payroll operations and reporting to help the student understand the purpose of payroll and carry out the related duties including calculation of payroll, payroll taxes, and preparation of records and reports.

Credits

3 Credits

Semester Contact Hours Lecture

48

Semester Contact Hours Lab

0

Semester Contact Hours Clinical

0

Prerequisite

ACCB 129 and ACCB 129L with a grade of 'C' or better

ACCB 224Payroll Accounting*

Please note: This is not a course syllabus. A course syllabus is unique to a particular section of a course by instructor. This curriculum guide provides general information about a course.

I. General Information

Department

Business

II. Course Specification

Course Type

Program Requirement

Credit Hours Narrative

3 Credits

Semester Contact Hours Lecture

48

Semester Contact Hours Lab

0

Semester Contact Hours Clinical

0

Prerequisite Narrative

ACCB 129 and ACCB 129L with a grade of 'C' or better

Repeatable

N

III. Catalog Course Description

This course is designed to teach the student the entire payroll function from all related areas-human resources, payroll clerk, payroll reporting officer, and the accounting responsibility for journalizing payroll. The course will provide a comprehensive coverage of payroll operations and reporting to help the student understand the purpose of payroll and carry out the related duties including calculation of payroll, payroll taxes, and preparation of records and reports.

IV. Student Learning Outcomes

Upon completion of this course, a student will be able to:

  • Apply payroll rules and laws to various business scenarios
  • Journalize and post payroll transactions to the general ledgers and subsidiary ledgers
  • Accurately prepare payroll registers.
  • Prepare payroll reports from various federal and state agencies.
  • Articulate in writing the purpose behind individual payroll reports.
  • Calculate employer and employee portions of various payroll taxes and demonstrate knowledge of how those taxes are paid to various entities.
  • Demonstrate how to calculate employee wages, deductions, and net earnings and records the payroll transactions, including payment of federal tax deposits.

V. Topical Outline (Course Content)

Payroll Practices and System Fundamentals Payroll System Procedures Gross Pay Computation Employee Net Pay and Pay Methods Employer Payroll Taxes and Labor Planning The payroll register, employees’ earning records and accounting system entries

VI. Delivery Methodologies

Required Assignments

Chapter homework associated with each Chapter 1-6 End of Semester payroll project using excel templates provided by instructor

Required Exams

Chapter Tests as needed. End of Semester payroll project using excel templates provided by instructor

Required Text

Payroll Accounting by Landin and Schirmer 2nd edition

Required Materials

Required Activities

Specific Course Activity Assignment or Assessment Requirements

Chapter homework associated with each Chapter 1-6 End of Semester payroll project using excel templates provided by instructor Chapter Tests as needed. End of Semester payroll project using excel templates provided by instructor 1. 2.