Oct 03, 2024  
2024-2025 WWCC College Catalog 
    
2024-2025 WWCC College Catalog

ACCT 175 - Payroll Accounting


Credits: 5
LEC hours per week: 5
Provides an understanding of payroll records and numerous laws that affect operation of a payroll system.
Prerequisite(s): grade of C or higher in ACCT& 201 .
Course Outcomes:
 

  • Define payroll laws and regulations.
  • Describe the requirements and uses of payroll and personnel records.
  • Compute various compensation types: wages, salary, piece rate, and commissions.
  • Calculate state and federal payroll taxes.
  • Analyze and journalize payroll transactions.
  • Complete end of period forms and correctly manage payroll liabilities.
Course Topics:
 

  1. Federal Labor Regulations
  2. Computation of gross pay
  3. Federal Tax withholding
  4. Social Security Tax withholding
  5. Unemployment Tax withholding
  6. Interface payroll with the Financial Accounting System
Course Attribute(s): None