Chabot College
Fall 2006
Course Outline for Business 8
Payroll Accounting
Catalog Description:
8 – Payroll Accounting
3 units
The laws, principles and procedures of payroll accounting in both manual and computerized
environments. Concepts covered include preparation of payroll records and reports; payroll law
and practices; computation of taxes, including Social Security, federal income tax, state income
taxes, and unemployment taxes and voluntary withholdings. May be offered in Distance
Education delivery format. Strongly recommended: Business 1A or Business 7 or equivalent.
3 hours lecture.
[Typical contact hours: 52.5]
Prerequisite:
None
Expected Outcomes for Students:
Upon completion of this course, the student should be able to:
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8.
interpret payroll laws;
demonstrate the understanding of payroll record-keeping requirements;
explain the procedures to maintain payroll records;
compute payroll in computerized environment;
analyze, compute, and report payroll taxes;
prepare and distribute the payroll;
identify and explain payroll systems and control procedure;
prepare payroll tax returns.
Course Content:
1. Payroll and personnel records
2. Computing and paying wages and salaries
3. Social security taxes
4. Income tax withholding
5. Unemployment compensation taxes
6. Journalizing payroll transactions
7. Social security benefits
8. Computerized payroll accounting
Methods of Presentation:
1. Lecture
2. Demonstration
3. Powerpoint presentations
4. Demonstration of problem solving
Assignments and Methods of Evaluating Student Progress:
1. Typical Assignments
a. Complete Payroll register by computing:
1) Regular and overtime wages
2) Social security taxes
3) Federal income taxes
4) Unemployment taxable wages
5) Voluntary deductions (Health insurance, 401K)
6) Net pay
Chabot College
Course Outline for Business 8, page 2
Fall 2006
b. Complete the Employer’s Quarterly Federal Tax Return (Form 941), with the quarterly
payroll data given for the quarter.
2. Methods of Evaluating Student Progress
a. Chapter assignments and problems
b. Discussion board
c. Quizzes
d. Midterm exam
e. Final exam
f. Class participation
g. Project
Textbook(s) Typical:
Payroll Accounting, Bieg, 2005 ed., South-Western Publishing
Special Student Materials:
None
JB 10/05/05
Bus 8 Course outline