Payroll is one of the fastest-changing career fields in the business world today. The constant fluctuation in government rules and regulations makes it difficult to learn payroll comprehensively.
Payroll is one of the fastest-changing career fields in the business world today. The constant fluctuation in government rules and regulations makes it difficult to learn payroll comprehensively.
The overall goal of the Payroll Practice and Management course is to help you learn all facets of payroll, from the basics to the intricate complexity of fringe benefits, taaxation, and garnishments.
As a beginner, payroll training can provide you with solid skills and knowledge of payroll rules and regulations or increase and refresh your existing knowledge. Although no one source should be used to exclusively study for your payroll certification, this program is a good overall review for the Fundamental Payroll Certification online test given by PayrollOrg.
What you will learn
Understand the Fair Labor Standards Act of 1938, as well as the Internal Revenue Code
Master the mathematics associated with calculating wages and taxes
Learn the fringe benefits and compensation offerings that could be given by an employer
How you will benefit
Set yourself up for a successful career as a payroll specialist, bookkeeper, payroll manager, or payroll accountant
Know how to effectively communicate and manage a group of employees within a payroll department
Master the federal taxation laws that pertain to payroll so as to become better equipped to handle clients' needs
Syllabus
Introduction to Payroll
Determining Worker Status
The Fair Labor Standards Act (FLSA)
Federal Employment Taxes
Payroll Forms
Fringe Benefits – Tax-Preferred and Other Related Health Benefits
Fringe Benefits – Deferred Comp, Retirement Plans, and Stock Options
Other Employee Benefits
Calculating Gross Wages
Calculating Gross Pay – Additional Topics
Paycheck Calculation – Taxes
Paycheck Calculation – Voluntary and Involuntary Deductions
Gross to Net Paycheck Calculation
Compliance – Laws and Reporting
Global Payroll
Payroll Process and Systems, and Audits
Paying the Employee
Payroll Administration and Management
Basic Accounting
Exploring Payroll Careers
Exam Preparation
Payroll Project
Prerequisites:
You should have basic keyboarding and computer skills, be able to use a basic 4 function calculator, be comfortable navigating the Internet and using email and have an understanding of a word-processing program (such as Word). This course is intended for anyone interested in developing their management skills.
Since 1847, The City College of New York has provided a high quality and affordable education to generations of New Yorkers in a wide variety of disciplines. CCNY embraces its role at the forefront of social change.
Located in the heart of New York City, CCNY is home to such important 'firsts' as: The first college explicitly founded on the ideal of educating the 'whole people', the first documentary film program in the U.S., the first intercollegiate lacrosse game played in the U.S., first student government in the nation, and the longest running Alumni Association in the U.S.
It is ranked #1 by The Chronicle of Higher Education out of 369 selective public colleges in the United States on the overall mobility index. This measure reflects both access and outcomes, representing the likelihood that a student at CCNY can move up two or more income quintiles. In addition, the Center for world University Rankings places CCNY in the top 1.2% of universities worldwide in terms of academic excellence. More than 16,000 students pursue undergraduate and graduate degrees in eight professional schools and divisions, driven by significant funded research, creativity and scholarship. CCNY is as diverse, dynamic and visionary as New York City itself.
Outstanding programs in architecture, engineering, education and the liberal arts and sciences prepare our students for the future, and produce outstanding leaders in every field.Whether they are drawn to the traditional, like philosophy or sociology, or emerging fields like sonic arts or biomedical engineering, our baccalaureate graduates go on to graduate programs at Stanford, Columbia or MIT – or they stay right here in one of our 50 master's programs or our doctoral programs in engineering, the laboratory sciences, and psychology.
Nowhere else in the city do undergraduates have so many opportunities to conduct research with professors and publish and present their findings.In our science, engineering and social science programs, more than 300 undergrads work alongside senior researchers in funded projects. Leading CUNY in funded research, we house a number of research centers, and soon two new advanced research centers will rise on South Campus.Nearly all of our full-time faculty hold PhDs or – like our architecture faculty, maintain professional practices.Art professors exhibit their work, film professors make films, and music professors perform in venues around the country.
The campus is alive with student activity. City College fields 16 varsity teams that compete in NCAA Division III – and students work out in an equipment rich fitness center and socialize in more than 100 student clubs. And our students come from around the corner and world, representing more than 150 nationalities. City College is an integral part of the civic, urban and artistic energy of New York and inseparable from its history. We are the City that built this city.
Land Acknowledgement
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