ACC 128 - Payroll Accounting

Offered WI
Lecture- 1 Lab- 2
2 credit hrs/3 contact hrs
Prerequisite: ACC 121 - Principles of Accounting I with “C” or better (2.0 out of a 4.0 scale)
In this course, students are exposed to the tax laws, tax rates, and the tax reports that form the core of a payroll accounting position. Acquired knowledge will be applied to practical payroll situations. Practice in all aspects of payroll operations will be applied including payroll registers, recording accounting entries and the preparation of payroll tax return.

Student Learning Outcomes:

Define the need for payroll and personnel records, and other Federal and State laws affecting payroll and personnel records.
Compute wages and salaries using various methods.
Compute social security taxes.
Examine Federal income tax withholding laws.
Compute unemployment compensation taxes.
Analyze and journalize payroll transactions.
Complete a comprehensive payroll project to demonstrate knowledge of the entire payroll cycle.
Communicate business concepts, methods, and evidence clearly in written and spoken course requirements.
Exhibit ethical/professional behavior in and out of the classroom in attendance, conduct, assignment completion, teamwork and constructive peer feedback.