ACCT 135 Business Payroll Tax Accounting • 3 Cr.

Description

Examines systems and operations of payroll tax accounting. Students learn to prepare Form 941, 940, and W-2. The use of software such as Microsoft Excel is incorporated into the course. Topics include the Fair Labor Standards Act and Social Security Act. Recommended: ACCT 101.

Outcomes

After completing this class, students should be able to:

• Apply federal and state laws that affect employees and employer's payroll operation.
• Record payroll transactions in compliance with GAAP.
• Compare and explain different methods of wage determination.
• Prepare payroll forms required by the state and federal government.
• Demonstrate payroll knowledge by manually completing and describing the payroll cycle.
• Apply payroll competency by completing a project using a computerized payroll program.
• Evaluate the effect of employee benefits, withholdings and wages on the accounting equation.

Offered

• Spring 2020
• Winter 2020 (current quarter)
• Fall 2019
• Summer 2019