Essentials of Payroll Accounting ON DEMAND
Available Until
Your Desk
2.0 Credits
Member Price $29.00
Non-Member Price $33.00
Overview
The complexity of payroll accounting can often overwhelm even the most efficient accounting departments, consuming excessive time and resources. This payroll accounting course, a focused excerpt from Steven M. Bragg’s bestselling “Accountants’ Guidebook”, addresses this challenge by exploring efficient practices and techniques to streamline your payroll system. Are you struggling with the intricacies of managing various payroll cycles, maintaining the confidentiality of payroll information, or navigating the GAAP requirements of payroll accounting? This accounting payroll course provides a comprehensive solution, offering an in-depth look at essential payroll accounting elements. You’ll learn the differences between biweekly and semimonthly payroll systems, effective timekeeping solutions, and the nuances of recording commission expenses and bonus accruals. Additionally, the payroll accounting CPE course covers advanced topics like stock-based compensation accounting and the classification of employee advances. Equip yourself with these strategic insights to transform your payroll accounting process into a model of efficiency and accuracy.
Highlights
Payroll management. Accounting for payroll. Accounting for stock-based compensation.
Prerequisites
None.
Designed For
CPAs, CFOs, controllers, financial professionals, and auditors.
Objectives
Define a payroll cycle. Identify when employees are paid in a biweekly payroll system and in a semimonthly payroll system and a key difference between the two systems. Name a timekeeping solution for an hourly employee who nearly always works 40 hours a week. Choose an action that will not help protect the confidentiality of payroll information.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $33.00
Member Price $29.00