Optimal Accounting for Payroll ON DEMAND
Available Until
Your Desk
1.0 Credits
Member Price $29.00
Non-Member Price $33.00
Overview
The collection of payroll data and its conversion into paychecks is highly labor-intensive and beset by recordkeeping errors. In this payroll account course, we describe the techniques that can be used to convert this deeply inefficient process into one of the most efficient cost centers in a company. The accounting payroll course focuses on such areas as improvements to the timekeeping system, changes to the payroll cycle, streamlining payroll deductions, and altering the system of payroll measurements.
Highlights
Data collection inefficiencies. Data error problems. Employee deductions. Payroll calculations. Technology issues. Staffing impact.
Prerequisites
None.
Designed For
CPAs, CEOs, CFPs, and other financial managers.
Objectives
Describe the different types of timekeeping systems and their attributes. Explain the durations of the different payroll cycles. Describe the methods available for reducing or eliminating advances to employees. Identify the contents of a pay stub. Specify the alternatives available for calculating the more complex commission payments.
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