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Formats:
Live Online
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Duration:
39 hours
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Registration Fee:
$870
Start Date
Overview
In our payroll administration course, study foundational payroll practices and procedures, including legislative compliance and relevant government regulatory agencies. Gain knowledge to identify taxable earnings and benefits, determine statutory and non-statutory deductions, calculate net pay, prepare accounting payroll data and complete the prescribed forms and remittances required to be submitted by employers.
Learning Objectives
By the end of this course, students will have demonstrated the ability to:
- Apply provisions of the Employment Standards Act to ensure employers meet minimum requirements.
- Distinguish employment income by evaluating cash earnings, allowances, expenses and fringe benefits.
- Calculate statutory deductions (Canada Pension Plan, Employment Insurance & Income Taxes) using both Canada Revenue Agency payroll tables and the online calculator.
- Identify various non-statutory deductions for the purpose of calculating net pay.
- Complete an earnings record, by computing insurable/pensionable earnings and gross/net taxable income.
- Prepare government remittances using prescribed forms.
- Create a year-end payroll register, to finalize the payroll cycle and report T4 slips and a T4 summary.
- Determine Employer Health Tax and Workers Safety & Insurance Board levies, in accordance with provincial requirements.
- Construct payroll accounting journal entries and accruals.
- Administer employee terminations, by determining final payments owing and filing a Record of Employment.
Topics Covered In The Payroll Administration Course
- Introduction to Canadian Payroll
- Labour and Employment Standards
- Calculation of Gross Earnings
- Pensionable, Insurable, and Taxable Earnings
- Non-Statutory Withholdings from Payroll
- Calculation of Net Pay
- Employer Payroll Taxes and Premiums
- Accounting for Payroll
- Payroll Information Systems
- Payroll Remittances
- Termination of Employment
- Year-End Payroll Reporting
Instructor*
Wasim Ismail
Wasim (MBA, CP) holds a Masters in Business Administration and has over 17 years of valuable family business experience, combined with 10 years of e-commerce experience. He is a Certified Public Accountant and Certified Bookkeeper who has been active in the accounting field for over 20 years. Ismail is passionate about education and has taught accounting and business at various colleges from 2005 onwards. He is an expert in tax planning and has successfully run his own private accounting practice since 2008.
*Subject to change without notice
Who Will Benefit From The Course
This course is beneficial for internationally trained accountants, or individuals wishing to begin a career in payroll administration.
Dates
Live Online
Part Time:
- May 12, 2021 – August 04, 2021
- Students must devote at least 3 hours per week to attend live webinars.
- Webinars will be held on Wednesdays from 5:00 to 8:00 pm PST.
- Outside of live instructional periods, students will be expected to take part in various independent and/or group activities.
Required Materials
- An Introduction to Payroll Administration, 3rd Edition. Alan Dryden. McGraw-Hill Ryerson. 2019. ISBN-10: 1259654729, ISBN-13: 978-1259654725.
Fees
The registration fee for this course is $870.
Technical Requirements
Live Online Students
Ashton College uses web conferencing tools to help instructors and students connect and collaborate live online. For the online classes, students need to have a fully functional computer system with a webcam, speakers and microphone or headset and headphones, along with a reliable high-speed internet connection. Though the classes can be accessed using smartphones and tablets, we recommend using a laptop or desktop computer for a better learning experience.
This course does not require approval by the Private Training Institutions Branch of the Ministry of Advanced Education and Skills Training. As such, it was not reviewed.
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