PAYROLL ACCOUNTING DISCUSSION POST - The Federal Unemployment Tax Act (FUTA)

The Federal Unemployment Tax Act (FUTA) can be a challenging concept to understand. The purpose of the law, who pays the tax, and how the tax is calculated are important to know, but the amount of information can be overwhelming.

Initial Post Requirements

If a student asked you for assistance, how would you describe the FUTA tax? What challenges would you anticipate students having with the calculation of FUTA taxes and how would you recommend that a student overcome those challenges?

Reply Post Requirements

Choose at least one other student's post and comment on the information provided regarding federal unemployment taxes. Was FUTA thoroughly discussed? Was the purpose of the law clearly stated? Were challenges with understanding FUTA discussed? Were recommendations made for overcoming those challenges?

BUSINESS CAPSTONE DISCUSSION POST - Training and Diversity

Organizations that focus on training and development experience greater employee loyalty, productivity, and retention.

Review the "Penelope at Work" video in your Module 08 lessons folder and discuss the following:

• What type of training and development would you suggest for Penelope and why?

• Evaluate your own experiences so far with people from other backgrounds. How well do you think those experiences have prepared you to understand the unique dilemmas of a diverse workforce?

Remember to be specific! Then provide thoughts and feedback on one other student's post. How were your thoughts and ideas similar or different? Is there any new information that you can share with them or a resource that you can route them to?

COMPUTER FOCUSED PRINCIPLES DISCUSSION POST - Manual vs Computerized Accounting Systems

Throughout this course, you may have recognized ways in which the use of accounting software will add efficiency to your organization. The work-time spent as a business manager can be used to analyze, reconcile, and compile financial information, rather than manually journalizing and posting the business events into journals and ledgers.

First Post: Post your replies to the following questions:

• How do you feel your comprehension of a manual system benefits how you use a computer application for accounting?

• What areas of knowledge have assisted you with setting up your company?

Second Post: Respond to a classmate's post and please include the following questions in your response:

• Do you find that automating the manual procedures you have learned is an easy transition, or would you prefer to manually perform the transactions of posting, billing, payments, etc?

• What areas of accounting still require a lot of manual review even though you are using a computer application?