inette.com

N W T C - M a r i n e t t e:  7 1 5 - 7 3 5 - 9 3 6 1

 

ACCOUNTING – PAYROLL SYLLABUS
Based on the syllabus of Janet Dausey, M.B.A

Blackboard: Access the syllabus,  the syllabus and course materials at:  http://blackboard.nwtc.edu

Your username is your student ID, and your password is the same as your myNWTC password.

Catalog # 10-101-151-06
Class # 21707          
4/1/2009 - 5/13/2009
 

Instructor Information

Instructor:                 Lloyd Cook – Adjunct Instructor
Office:                        Room 103
Telephone:               735-6651 (NWTC Main Office phone)
Email:                         Lloyd.cook@nwtc.edu
Office Hours:           Wednesdays:       4:45 p.m. – 5:00 p.m. and after class on Wednesdays          

CLASS Information:

Course Description:  This course provides the opportunity for the learner to develop the knowledge skills process and understanding of concepts and principles covering payroll and personnel records, social security, withholding tax, unemployment compensation, time sheets and time-keeping records, and legal aspects of payroll.

Credits: 3

Class Schedule:     Wednesdays 5:00 p.m. – 10:00 p.m.

Location:                   Marinette Campus Room 103 (host site), Luxemburg/Casco HS & Sturgeon Bay Campus Room 145      

Pre-requisites:        Accounting 1 (10-101-110)

Textbook, Working Papers, and Practice Set:

• Payroll Accounting, 2008 Edition, by Bieg and Toland, Thompson/South-Western, ISBN:  9780324645545
• Payroll Accounting Practice Set, NWTC, ISBN:  9789810115111

Textbook Website Student Resources

 
Welcome to the Beig, Toland Companion Site
Payroll Accounting 2009 Edition Student Resources

Library Resources:  Additional library resources may also be available at http://www.nwtc.edu/library

Supplies: 

§         Flash Drive

§         Calculator

§         Notebook

§         Pencils

§         Erasers

Blackboard: Access your grades and course materials at:  http://blackboard.nwtc.edu

Your username is your student ID, and your password is the same as your myNWTC password.

Course Competencies: You have the opportunity to learn the following skills in this course:

1. Explain the need for payroll and personnel records and the confidentiality in which they must be kept.
2. Describe the importance of efficiency in keeping records and be able to compute and file time cards, time sheets, production records, and sales records.
3. Explain Social Security taxes and the necessary forms.
4. Explain withholding for income tax purposes and the necessary forms.
5. Identify the unemployment compensation taxes and necessary reports.
6. Demonstrate the journalizing of payroll transactions and the necessary reports.
7. Describe a completed manual payroll system.
8. Identify Social Security benefits.
9. Demonstrate an automated payroll accounting system.

Core Abilities: In addition to specific job-related training, NWTC has identified core abilities that are transferable and go beyond the context of a specific course.  This class addresses the following core abilities:

1. Set and achieve goals.
2. Learn effectively.
3. Think critically and creatively.
4. Apply relevant technologies.
5. Access and use appropriate information resources.

RESPONSIBILITIES and Policies:

Student Responsibilities:  As a student of NWTC, I expect you to adhere to the policies of the college, as outlined by the Student Handbook (please see below).  You are responsible for the duties set forth in this class and to communicate any questions, comments or concerns you have to me.  Acceptable means of communication include e-mail, voicemail or through online discussion forums.  Use of correct grammar and punctuation is required in all written communications. 

Plagiarism, cheating and collusion are prohibited at NWTC.  Students who fail to observe these standards are subject to disciplinary action.  Please refer to the NWTC Student Handbook for further definitions and consequences of these behaviors, available through Student Services or on the NWTC webpage at http://www.nwtc.edu 

Attendance:  Regular attendance will ensure that you have the maximum opportunity to participate in your education.  If you are unable to attend class, please notify your instructor.  You are responsible for obtaining materials and information for missed classes. 

Class participation: Participation in class discussions and activities enhances the learning process.  You are expected to demonstrate professionalism in your work and interactions with others.

Student e-Mail:   NWTC offers a student e-mail account for all students.  You are responsible for monitoring your student e-mail account.  Student e-mail can be accessed at: https://web.mymail.nwtc.edu   Student technical assistance is available 24 hours a day, 7 days a week.  Call toll free:  (866)235-5037

Use of Electronic Devices:  Please turn off cell phones during class time.

Disability Act Statement:  NWTC complies with all provisions of the Americans with Disabilities Act and makes reasonable accommodations upon request.  Please contact the Special Needs Office in room SC240 or call 920-498-5444 (920-498-6901 for TTY) for more information regarding the support services available to you.

Student Rights:  For additional information regarding your rights as a student, including college policies on harassment, student rights and other services available at NWTC, please consult the NWTC Student Handbook, available through Student Services or on the NWTC webpage at http://www.nwtc.edu 

Class Cancellation:  Class cancellations will be posted as early as possible at: http://www.nwtc.edu/Cancel.nsf 

Instructor Responsibilities:  As your instructor, I commit to communicating openly and frequently with you about this class.  I will maintain a professional, safe learning environment adhering to the policies of the college.  You can expect a reply to communication, be it via e-mail, through online discussions, voicemail or in person, within 24-48 business hours.

Syllabus Changes:  As your instructor, I retain the right to make changes based on the timeline of the class, feedback from learners and/or logistical issues and will inform you as soon as a change is made.

Grading Policy:  Six chapter tests will be completed in class in a closed-book, closed-notes format.  Tests must be taken on the testing date, or a zero grade will be assigned to the test.  However, a test may be taken late once during the semester (with the exception of the practice set test).  Students unable to take a test on the scheduled testing date should contact the instructor for alternative arrangements.  Late tests must be completed within one week of the original test date, or a zero score will be assigned to the test.

Chapters two through six have a practical problem assignment requirement.  These consist of the Series A problems at the end of the chapter.  The practical problem due dates coincide with the test dates for their respective chapters.  Late practical problem assignments will be assessed a 2-point deduction per class period late.  Practical problem assignments submitted more than two class periods late will not be accepted or graded.

Chapter Seven in the textbook is a practice set.  The practice set will be completed manually and on the computer, using Peachtree Accounting software.  A finders test will be administered for the manual portion of the practice set.  The practice sets must be submitted by their assigned due dates.  Practice sets will not be returned.  They must be completed to receive a grade in the class.  Practice sets submitted late will receive a two-point deduction for each class period late.  This deduction is applied to the finders test for the manual practice set or the automated practice set score.  The same penalties apply for late finders tests.

Incorrect practice sets will be returned to students for correction.  A two-point deduction will be applied to the finders test for each day past the due date that the practice set remains uncorrected.  Students will receive a full letter grade deduction for the course if the practice set is submitted on the last day of the semester and is incomplete or incorrect.

Assignments and Assessments	# of Activities	Points per Activity	Total Points Possible
Chapter Tests	6	100	600
Practical Problem Sets	5	10	50
Manual Practice Set and Finders Test	1	100	100
Automated Practice Set	1	100	100
Total			850

Grading Scale: 

Percentage	Points Attained	Grade
90% - 100%	760 – 850	A
80% - 89%	675 – 759	B
70% -79%	590 – 674	C
60% - 69%	505 – 589	D
Below 60%	0 - 504	F

Course Calendar: 

Session(s)	Date(s)	Topic	Chapter(s)
1	04/01/09	Intro, Syllabus, and The Need for Payroll and Personnel Records	1
1	04/01/09	TEST 1	1
2	04/08/09	Computing Wages and Salaries	2
2	04/08/09	TEST 2	2
3	04/15/09	Social Security Taxes	3
3	04/15/09	TEST 3	3
4	04/22/09	Income Tax Withholding	4
4	04/22/09	TEST 4	4
5	04/29/09	Unemployment Compensation Taxes	5
5	04/29/09	TEST 5	5
6	05/06/09	Analyzing and Journalizing Payroll Transactions	6
6	05/06/09	TEST 6	6
6	05/06/09	Payroll Project (Manual)	7
7	05/13/09	Finders Test	7
7	05/13/09	Automated Practice Set	Practice Set

 

Due Date	Topic/Competency	Activity Due	Points Possible
04/01	Chapter 1:  The Need for Payroll and Personnel Records	Test 1	100
04/08	Chapter 2:  Computing Wages and Salaries	Chapter 2 Practical Problem Set A	10
		Test 2	100
04/15	Chapter 3:  Social Security Taxes	Chapter 3 Practical Problem Set A	10
		Test 3	100
04/22	Chapter 4:  Income Tax Withholding	Chapter 4 Practical Problem Set A	10
		Test 4	100
04/29	Chapter 5:  Unemployment Compensation Taxes	Chapter 5 Practical Problem Set A	10
		Test 5	100
05/06	Chapter 6:  Analyzing and Journalizing Payroll Transactions	Chapter 6 Practical Problem Set A	10
		Test 6	100
05/13	Chapter 7:  Payroll Project	Finders Test	100
5/13	Payroll Accounting Practice Set	Automated Practice Set	100

E-mail your instructor to confirm that you have read and agree to the class policies, procedures, due dates, and terms communicated in this syllabus.   Please use the e-mail listed above under Instructor Information. 

 1.  Additional student on-line resources:

    A.  Payroll Links on Payroll-Taxes.com
    B.  Withholding Tax Forms - Wisconsin Department of Revenue
    C.  Withholding Tax Forms - Michigan Department of Treasury
    D.  Employment Taxes - Small Business/Self-Employed - Internal Revenue Service

4. Check Figures:

CHAPTER 1
HAS NO CHECK FIGURES

Check Figures

Chapter 2 Problems

2–1a. (c) $228.29

2–3a. gross earnings, $1,618.60

2–5a. overtime pay, $11.52

2–7a. (b) total earnings, $747.40

2–9a. (e) total earnings, $850.50

2–11a. (e) total weekly earnings, $385.53

2–13a. (c) total earnings, $825.35

2–15a. (c) total earnings, $1,474.28

2–17a. (b) total earnings, $1,137.52

2–19a. (c) total earnings, $482.25

2–21a. (d) total weekly earnings, $398.96

Chapter 3 Problems

3–1a. total employees’ FICA taxes, $300.45; $70.27

3–3a. (a) FICA taxes, $56.73; $13.27

3–5a. November 15 (HANKS), $155.00; $75.40

3–7a. employees’ taxes, $263.50; $61.65

3–9a. total employees’ FICA taxes, $2,507.89; $597.83

3–11a. total taxes—line 8, $21,771.83

3–13a. total taxes—line 8, $8,333.58

3–15a. last due date, April 3

3–17a. total OASDI taxes, $5,121.82

Chapter 4 Problems

4–1a. net pay, $47.27

4–3a. Corn tax, $66.06; $66.00

4–5a. total FIT, $560.67

4–7a. net pay, $638.85

4–9a. net pay, $60,519.50

4–11a. gross, $154.93

4–13a. Form 941, line 8, $4,743.76

Chapter 5 Problems

5–1a. (c) total unemployment taxes, $6,910.40

5–3a. (b) net SUTA tax, $3,104.30

5–5a. (b) FUTA tax—net, $704.80

5–7a. (b) $159.60

5–9a. (b) $1,416.00

5–11a. (c) $855.00

5–13a. (b) voluntary = $1,190.00

5–15a. (a) tax rate = 4.5%

5–17a. Form 940, line 8 = $632.80

Chapter 6 Problems

6–1a. tax levy, $608.46

6–3a. (a) payroll tax debit, $650.25

6–5a. (a) cash credit, $50,748.80

6–7a. cash credit, $862.21

6–9a. cash credit, $14,151.03

6–11a. wages debit, $13,060.00

6–13a. (a) July w/h, $143.08

6–15a. (2) total payroll taxes, $311.48

 

Copyright © 1996 - 2009 Lloyd Cook
E-mail:
BS - Managerial Accounting - UW-Green Bay.
5 year teaching certificate - Accounting/Computer Applications -
  WI Technical College System
Certified Accelerated Learning Facilitator - NWTC-Green Bay
Adjunct Instructor (Digital Photography, Digital Photo Enhancement, Scanners, Internet, E-mail, Web Design, MS Office, Windows XP, &
   All Accounting Courses, Economics & Credit Procedures) - NWTC-Marinette
Adjunct Instructor (Financial & Managerial Accounting) - Silver Lake College, Manitowoc, WI (NWTC-Marinette Campus)
Adjunct Instructor (MS Office, Windows, Adobe PhotoShop, Internet, Web Design, & College For Kids) UW-Marinette.
Certified Web Master. Member of: National Society of Accountants  International Webmasters Association (IWA)
 Internet Society (ISOC)  Html Writers Guild (HWG)
Educator member of the Student Photographic Society at studentPhoto.com
Last updated Saturday, March 21, 2009 Home