ACCT-107 Payroll Accounting

Credits 2 / 2 Contact Hours
Pre-requisite: Placement into ACRD-090, ACRD-091 or ACRD-092, completion of ELAP-110 with a minimum grade of 2.0, or successful completion of ACRD-080. This course can be taken as a co-requisite to ACRD-090, ACRD-091 or ACRD-092. Students who place into ACRD-080 and have not completed ACRD-090, 091 or 092 may register for one of those concurrently; ACCT-101 or ACCT-201 with a minimum grade of 2.0.
This course emphasizes the specifics of accounting for payroll utilizing the principles of accounting. Students receive experience in calculating payroll completing payroll taxes and preparing records and reports in addition to learning to calculate transmit and verify payroll electronically.

BILLIABLE CONTACT HOURS: 2

Course Outcomes
1.Students will describe the major provisions of the Fair labor Standards Act.

2.Students will be able to calculate payroll.

3. Students will be able to complete payroll taxes.

4. Students will be able to collect payroll data and prepare payroll records and reports.