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Course Descriptions

Accounting Courses

 

ACC 110 - School Accounting 1
3 credits, 30 contact hours    

This course provides an overview allowing the student to identify and explain the use of school district funds and account groups; make basic journal entries to all funds and account groups; reconcile bank accounts; analyze amounts in accounts utilizing the T-account method; perform routine accounting tasks within the standards of revenue and expenditure accounting procedures; understand accounting principles; understand accounting guidelines; and set up and close out imprest funds. Successful completion of Accounting 1 is a prerequisite to enrollment in Accounting 2.

 

ACC 210 - School Accounting 2
3 credits, 30 contact hours

This course provides an overview of fund accounting and identifies the different fund and account groups employed by school districts. It includes a study of the WAC's, the RCWs, the Common School Manual, grant accounting, special reports, F-196, CAFR's,  GAAP, and Notes of Financial Statement. The course provides an in-depth review of the operations and year-end closing entries for all funds and account groups. Students should have a good understanding the requirements for completing the F-196, OSPI annual school financial statements. Prerequisite: Accounting 110 - School Accounting 1.

 


payroll Courses

Each payroll course has been designed to provide current payroll practices for individuals seeking practical knowledge of payroll principles with an emphasis on Washington State School Districts.

 

Accounting for Payroll

Accounting for Payroll is structured for a general introduction into school accounting, since 85% of district expenditures (accounting) happens in payroll! 

 Topics include:

  • Debit/credit theory
  • General ledger
  • Trial balance and journal entries
  • Account code structure and significance
  • Overview of financial statements
  • Budget to actual
  • Treasurer’s statement
  • Electronic transfer
  • Manual warrants, replacement warrants, affidavit of lost warrant
  • Accounting for errors and repayment from staff
  • Bank reconciliations, general ledger reconciliations (self-insurance, payroll and taxes payable)
  • Payroll accruals for year-end
  • Compensated absences
  • Notes to the financial statement and payroll information needed (DRS, Unemployment, L&I, district contributions)
  • Grant accounting – time and effort, substitutes, leave payments
  • Accounts Receivable – substitutes reimbursements (ASB, OSPI, etc.), encumbrances – why and what – budget management
  • Grant findings – what’s at risk
  • Internal controls and audit and documentation
  • Cobra
  • Cash receipts and payment to vendors
  • Vendor credits and interaction with general ledger

 

PAY 110 - Principles of Payroll Administration
2 credits, 20 contact hours

Payroll 110 is structured for a general introduction to the payroll profession and a review of processes and procedures for current payroll professionals. This course offers practical application for basic payroll theories, laws and methods. All discussions, assessments and assignments are used for practical utilization of payroll procedures. 

Course topics include:

  • Who are employees
  • Role of payroll
  • Federal/ state wage and hour
  • Federal and state tax
  • Tax reporting and compliance
  • Union agreements
  • Washington School District payroll
  • Employee leaves
  • Leave accruals
  • Exception reporting
  • Garnishments
  • Withholding liabilities

 

PAY 210 - Principles of Payroll Administration
2 credits, 20 contact hours

Payroll 210 is structured for a more advanced application of payroll theories, laws and methods. This course offers more in-depth knowledge of payroll process and procedures. All discussions, assessments and assignments are used for practical utilization of payroll procedures. 

Course topics include:

  • New hires
  • Basic employee benefits
  • Life insurance and employee death
  • Cafeteria plans
  • Flexible benefits
  • Short and long term disability
  • Workers' Compensation
  • Unemployment
  • Direct deposit
  • 941s
  • W-2s
  • Records retention/ destruction
  • Electronic data and storage

 

PAY 211 - Principles of Payroll Administration
2 credits, 20 contact hours

Payroll 211 is structured for an advanced application of payroll theories, laws and methods. This course offers the latest information on new topics and legal requirements that payroll professionals face today.  All discussions, assessments and assignments are used for practical utilization of payroll procedures.

Course topics include:

  •  Affordable Care Act (ACA)
  • Compliance and requirements
  • Leave sharing
  • FMLA
  • FLA
  • FCA
  • Benefit pooling
  • COBRA
  • FLSA
  • Internal control
  • Preventing fraud
  • I-9s
  • Labor law
  • Payroll compliance
  • Professional code of ethics

 

Visit our Scheduled Trainings page to sign up for a course today!

 

Location

284 Lee St. SW
Suite 132
Tumwater WA 98501

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Contact Us

Office: 360-528-2025
Email: admin@wasbo.org