Final Pay, Reimbursements, & Other Paycheck Administration Pitfalls (Completed)

This course is designed for individuals who would like to obtain a basic understanding of the employee termination process. Whether voluntarily or involuntarily terminated employees have rights and employers have responsibilities. What needs to be paid (Wages, bonuses, commissions), what notices need to be supplied, what can an employer collect back from an employee? These questions will be discussed along with the COBRA requirements and unemployment follow-up. We will discuss best practices and necessary internal controls in the termination process.

Who Should Attend
CPAs, CFEs, CMAs, internal auditors, CIAs, external auditors, managers, CFOs and others responsible for final pay or payroll processing.

Topics Covered

• How to Steer Clear of Common Mistakes & Avoid Costly Legal Risks
• Basic understanding of the employee termination process
• COBRA requirements and unemployment follow-up
• Best practices and necessary internal controls in the termination process

Learning Objectives

• Identify employment law issues related to final pay
• Identify employment law issues related to employee paychecks

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Accounting (Governmental) (2 hours)

Program Prerequisites
None

Advance Preparation
None