QAS Self Study 9.5 CPE, .8 CEU, 8 Contact Hours
Field of Study: Finance
This course will focus on the following topics important to the payroll process: Fair Labor Standards Act, new employee documentation, compensation calculation through the W-2 process, benefits including insurance and pensions, payroll taxes and remittances, payroll deductions, reporting and recording payroll, and internal controls related to payroll and payroll resources.
Upon successful completion of this course, participants will be able to:
recall the importance of the Fair Labor Standards Act
identify if an individual is an independent contractor or employee
recall components of the payroll process
identify different types of compensation
recite various benefits options available to employees
recall how to record payroll taxes and how to remit amounts calculated
recognize proper support for payroll deductions
recognize internal controls for the payroll process
Who Should Attend? This session is for anyone working in library financial management including business managers, library directors and similar staff.
Advance Preparation: None
Program Level: Basic
University of Georgia, Carl Vinson Institute of Government, is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org