Nov 23, 2024  
2023-24 Catalog 
    
2023-24 Catalog [ARCHIVED CATALOG]

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ACCT 135 - Business Payroll Tax Accounting


3 CR

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 .
Course Outcomes
  • 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.



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