Payroll Accounting (4cr)

Objective

The student masters the calculation of salaries and wages both manually and with a software programme. The student is able to apply the regulations of laws and collective agreements, as well as the guidelines of the Tax Administration. He or she is able to withhold taxes and other deductions on salaries and wages, and render accounts for them to different stakeholders, and report on payroll accounting. The student understands the role of payroll accounting as part of personnel management. In addition, he or she understands the connection between payroll accounting and bookkeeping.

Content

The basic principles of employment, salaries and wages, payroll tax, indirect employee costs, rewards in kind, compensation for expenses, working hours, regulations on payments for other than working hours, and recording of payroll transactions.

Qualifications

Basic knowledge of HRM and bookkeeping

Assessment criteria, satisfactory (1)

The student's performance corresponds the learning outcomes
100-90 %: 5 (A Excellent)
89-80%: 4 (B Very good)
79-70%: 3 (C Good)
69-60%: 2 (D Satisfactory)
59-50%: 1 (E Sufficient)