Optimal Accounting for Payroll

1 Credits: Accounting


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Optimal Accounting for Payroll

Course Level
CPE Credits

1 Credits: Accounting

Course Description

The collection of payroll data and its conversion into paychecks is highly labor-intensive and beset by recordkeeping errors. In Optimal Accounting for Payroll, 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 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.

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Learning Objectives

Upon successful completion of this course, participants will be able to:

  • 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.
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Course Specifics

Course ID

There are no prerequisites.

Advanced Preparation


Number of Pages

Compliance Information

NASBA Provider Number: 103220

CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

Meet The Experts

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 300 business books and courses. 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 …