ACT 104 Practical Payroll

COURSE NAME:  ACT 104 PRACTICAL PAYROLL

Course Description (Detailed Syllabus is released upon registration)

Students will learn the essentials of practical payroll.  Upon completion of this course students will be able to: 1) explain how to use payroll accounting software, journalize payroll transactions, apply payroll accounting systems and procedures for wages and salaries, and prepare required FICA forms, 2) outline payroll and personnel records required by federal and state laws and requirements of the Fair Labor Standards Act, Social Security Act, 3) describe employees’ withholding records, income taxes, and complete required federal and state returns, and 4) discuss how to prepare, analyze and interpret financial payroll statements, balance sheets and financial statements using real-life employee data.  

Prerequisites

None

Required Resource Purchases

Textbook’s name, author’s name, and the ISBN will be released to the students upon registration.  . 

Software and additional resources, including author’s name and the ISBN will be released to the students upon registration.    

Additional Materials for Learning

1. Access to a printer or printing shop such as FedEx Kinko’s
2. Access to high speed Internet and a reliable computer
3. E-mail account that will be checked daily

Course Grading and Policies

1. Points from:  Lessons, Assignments, Tests, Classroom Discussion, and Course Portfolio are factors in grade point calculation.
2. A = 90% – 100%, B = 80% – 89%, C = 70% – 79%, D = 60% – 69%, F = 59% and Below.
3. Late Assignment Policy: If unable to complete assignments or tests on time, please contact your instructor before the due dates.  Assignments or tests submitted after the due date without appropriate excuse and pre-approval will receive a zero score.

Award Upon Completion

The student will receive 3 Credit Hours upon completion of this course.