This certificate program will provide students with the opportunity to learn basic accounting, payroll and business principles, and to become trained and certified in payroll administration. Graduates from the accounting and payroll administration program can expect to find employment within a wide range of companies in a computerized office environment.
This course introduces the students to the construction and interpretation of financial systems, records, reports and statements, including how accurate and complete financial data is for a business to ensure its ongoing success. This course is the first in a series of courses to build a solid base in accounting from both a practical and a theoretical perspective.
Skills and Benefits Acquired - Calculations, Reporting, Problem Solving, Analytical Skills, Critical Thinking, Working Under Pressure, Calculating, Communicating, Analytical Skills, Planning
This course is a continuation of the work stated in the course of Introduction to Accounting. This course provides the students with the introduction to the construction and interpretation of financial systems, records, reports, statements including how vital accurate and complete financial data is for a business to ensure its ongoing success.
Skills and Benefits Acquired - Calculations, Reporting, Problem Solving, Analytical Skills, Critical Thinking, Working Under Pressure, Calculating, Communicating, Analytical Skills, Planning
Upon completion of Payroll Compliance Legislation, the student will have a thorough understanding of the compliance requirements. The student will be able to:
Describe payroll’s objectives and stakeholders.
Identify an employer/employee relationship.
Apply federal and provincial legislation to payroll including:
The Canada Pension Plan
The Employment Insurance Act
The Income Tax Act
Employment Standards legislation
Worker’s Compensation Acts
Quebec-specific legislation
Communicate the payroll compliance requirements to various stakeholders.
Skills and Benefits Acquired - Supervising, Theoretical Knowledge, Communicating, Analytical Skills, Planning, Reporting
Upon completion of Payroll Fundamentals 1, the student will be able to:
Calculate regular individual pay.
Calculate non-regular individual pay.
Calculate termination payments.
Complete a Record of Employment (ROE).
Communicate all aspects of individual pay requirements to various stakeholders.
Skills and Benefits Acquired - Leadership, Communicating, Problem Solving, Reporting
Upon completion of Payroll Fundamentals 2, the student will be able to:
Calculate organizational remittances to federal, provincial and third party stakeholders.
Prepare accounting documentation for payroll.
Complete year end documentation.
Communicate all aspects of organizational remittances, accounting and year end requirements to internal, external and government stakeholders.
Skills and Benefits Acquired - Calculations, Communications, Analytical Skills
ACC500 builds upon the fundamental accounting principles with an emphasis on accounting for personal taxation. Students who complete this module will have a basic understanding of the Canadian Tax system. They will prepare a T1 General and calculate samples of deductions and credits e.g. Tuition and child care expense. They will be introduced to certain calculations that apply to business income.
Skills and Benefits Acquired - Calculations, Communications, Reporting
This accounting program is designed for the small to mid-sized business. Students will learn how to set up a chart of accounts, reconcile the checking account, create and print invoices, receipts, and statements, track payables, inventory, and receivables, create estimates and generate reports.
Skills and Benefits Acquired - Computer Software Skills, Calculations, Reporting
The student will have the opportunity to integrate theory and skills learnt in the program with practical situation from the real world of finance. The purpose is to obtain relevant field experience prior to graduation and identify strengths prior to embarking on a new, exciting career.
Skills and Benefits Acquired - Communication, Workplace Skills, Situational Problem Solving