Payroll and Benefits Accounting
  • Type Validation
  • Level Intermediate
  • Time Months
  • Cost Paid
Additional Details

Payroll and Benefits Accounting

Issued by Northeastern State University

This course covers a wide spectrum of basic payroll accounting and employment topics pertaining to large and small employers. Topics include federal and state employment taxes, cafeteria plans, group health plans, COBRA requirements, Fair Labor Standards Act, worker’s compensation issues, pension plans, contract labor, and employee leasing. Badge earners must complete the following course: ACCT 3013 - Payroll and Employee Benefits Accounting

  • Type Validation
  • Level Intermediate
  • Time Months
  • Cost Paid
Additional Details

Skills

Earning Criteria

  • Instructional strategies include: audio visual materials, discussion, computer-based training, practical exercises, lectures.
  • SLO 1. Define liability and asset accounts for payroll transactions.
  • SLO 2. Identify payroll transactions that should be posted to a liability or asset account.
  • SLO 3. Define debit and credit.
  • SLO 4. Recognize the processes to ensure correct accounting of the payroll.
  • SLO 5. Discover how payroll practices impact the cost of operating a payroll organization.
  • SLO 6. Discover how to prepare payroll journal entries in payroll accounting for the general ledger posting.