Description
ACCT 1206 This course covers the various payroll procedures of federal laws pertaining to computation and payment of salaries and wages, and the reporting requirements for various state and federal agencies. Topics include coverage of the Federal Fair Labor Standards Act and other federal laws, preparation of journal entries, payroll registers, and employee earnings records, calculation of social security and federal income tax withholding, coverage of state and federal unemployment compensation taxes, preparation of federal and state payroll tax forms and reports, and knowledge of federal payroll tax deposit requirements. Prerequisite: ACCT1010
Credits: 2
Prerequisites:
- ACCT 1000 Principles of Accounting I
- ACCT 1010 Principles of Financial Accounting I
Corequisites:
None
Future Offering:
Course Outline: ACCT1206
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