AC 265 Payroll Accounting

3 Semester Hours.  This course covers federal and state laws pertaining to wages, payroll taxes, payroll tax forms, and journal and general ledger transactions.  Emphasis is placed on computing wages, calculating social security income and unemployment taxes, perparing appropriate payroll tax forms; and journalizing/posting transactions including payroll registers.  Acquired knowledge will be applied to practical payroll situations.  A comprehensive software and practice set requires students to perform payroll functions for a small business.  After completing this course, a student will be qualified to take the Payroll Certification Examination to  be certified as a Certified Payroll Professional (CPP), and/or Fundamental Payroll Certification (FPC), which is given by the American Payroll Association.