Outcomes:

After completing this class, students should be able to:

• 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.