Curricula

Objectives

The object of the course
Having taken the course you can work in payroll accounting positions.

Course competences
Operating in a workplace
Business competence

The learning objectives of the course
In this course you will familiarize yourself with the core tasks of payroll accounting. You are familiar with legal regulation and guidelines concerning payroll. You understand the basic concepts of payroll. You know how to prepare digital payroll data according to instructions. You are able to follow the payroll schedule in producing payroll data.

Content

The course contents include the basic principles and norms of salaries and wages, payroll tax, indirect employee costs, rewards in kind, compensation for expenses, working hours, regulations on payments for non-working hours, and recording of payroll transactions.

Learning materials and recommended literature

Stenacka, J. & Söderström, T. 2020. Palkanlaskenta, SanomaPro
Mattinen, K., Orlando, C. & Parnila, K. 2020 Palkanlaskenta käytännönläheisesti, Meedia Zone
Eduhouse videos

Teaching methods

Lectures in a classroom in Rajakatu campus
Reverse classroom method
Books and other written material
Video materials
Learning tasks
Guidance and feedback

Exam dates and retake possibilities

Exam during week 15
1st resit exam week 17
2nd resit exam week 18

Alternative completion methods

A corresponding course completed in another university may be accredited partially or completely. Competence acquired through informal learning may be recognized and accredited on the basis of competence test. More precise instructions can be found in Degree Regulations and in Study Guide.

Student workload

Allocation of time on various tasks and student work load in total 135 h
Lectures and exercises 11 h
Independent study and independent learning assignments 74 h
Other assignments 50 h

During the teaching and guidance contacts you familiarize yourself with the contents of the course, and you do and check learning assignments alone and in groups. You do learning assignments also on you own time.

Content scheduling

The course includes independent familiarization with literature and videos as well as lectures and exercises and assignments.

Lectures (wk 3-13, every other week)
Spring break (wk 9)
Exam (wk 15)
Exam resit 1 (wk 17)
Exam resit 2 (wk 18)

To be passed need time to stydy weekly. In addition to lectures, reserve approximately 6-8 hours of time in your calendar each week for this course.

Further information for students

The course is included in Financial management specialization (Talousjohtaminen). The course is recommended for Business control and Managing resilience students.
The assessment of the course is based on the following credits:
1) exercises and assignments (50 %)
2) exam (50 %)

Evaluation scale

0-5

Evaluation criteria, satisfactory (1-2)

Adequate 1
You are familiar with legal regulation and guidelines concerning payroll. You understand the basic concepts of payroll. You know how to prepare digital payroll data according to instructions. You are able to follow the payroll schedule in producing payroll data.

Satisfactory 2
You are familiar with legal regulation and guidelines concerning payroll. You understand the basic concepts of payroll and can apply them in different payroll accounting situations. You can search for information and apply it when preparing digital payroll data. You are able to follow the payroll schedule in producing payroll data.

Evaluation criteria, good (3-4)

Good 3
You are familiar with legal regulation and guidelines concerning payroll. You master the basic concepts of payroll and can analyze different payroll accounting situations and give different solutions to them. You can analyze information and prepare, on the basis of analysis, both digital and manual payroll data. You are able to follow the payroll schedule in producing payroll data. You can develop your own work processes in payroll accounting.

Very Good 4
You are familiar with legal regulation and guidelines concerning payroll. You master the basic concepts of payroll and can analyze different payroll accounting situations and give valid solutions to them. You can analyze and estimate information and prepare, on the basis of analysis, flawless digital and manual payroll data. You are able to produce the data quickly. You can develop your own as well as others’ work processes in payroll accounting.

Evaluation criteria, excellent (5)

Excellent 5
You are familiar with legal regulation and guidelines concerning payroll. You master the basic concepts of payroll and can analyze different payroll accounting situations and give valid solutions to them. You can analyze and estimate information and prepare, on the basis of analysis, flawless both digital and manual payroll data. You are able to produce the data quickly and be accountable for its reporting to different stakeholders. You can develop the work processes or you work community and guide others’ work in payroll accounting.

Prerequisites

-

Further information

The course is recommended for students both in accounting and HRM. You can choose the course during first year if you want to proceed faster in studies.