ACC 161 - Payroll Accounting

STANDARD CREDIT TYPE
3 credit(s)

This introductory course covers the processes of payroll accounting. Topics include methods of computing compensation, state and federal laws affecting payroll, mandatory and voluntary deductions, methods of keeping payroll records, and preparation of internal and governmental reports.

Course Learning Outcomes
1. Calculate wages and salaries.

2. Apply tax laws related to Social Security, Medicare, federal income tax withholding, and unemployment.

3. Analyze payroll transactions using double-entry accounting.