Rates CPA Member -          Early-bird: $375.00 plus taxes CPA Member - Regular: $425.00 plus taxes Non-member -  Early-bird: $540.00 plus taxes Non-member - Regular: $590.00 plus taxes

Payroll Accounting for the Non-Accountant

One-day Seminar

Click here to find a date and location in your area.

There are many facets of payroll accounting from general ledger positions to labour costs distribution and bank account reconciliation to segregation of job duties. Each had its own needs and purpose. Understanding proper accounting methods is an essential skill for the payroll professional. This seminar gives you the knowledge and skill required to excel at your accounting responsibilities within the payroll function.

The curriculum covers:

• What is payroll accounting? 
  • Chart of accounts
  • Journal entries and "T" accounts
  • Income and Expense (Operating or Profit/Loss) Statement
  • Recording revenue/expense transactions
  • The Balance Sheet
  • Example of a Balance Sheet
• Payroll Journal Entries and the General Ledger 
  • Payroll source documentation
  • Accounting for the net pay
  • Posting the payroll to the general ledger
  • Accrual method of accounting
• Reconciling Payroll General Ledger Accounts 
  • Reconciling expense and liability accounts 
  • Maintaining a payroll bank account
  • Payroll account reconciliation 
  • Year end audit
• Documentation/Authorization/Controls 
  • Controls within payroll
  • Reporting on payroll to external authorities
  • Employer Tax Audits 
• Information Provision, Financial Planning and Budgeting
  • Reporting to internal sources on payroll
  • Direct/Indirect Labour
  • Financial planning and payroll
  • What is a budget?

Click here to find a date and location in your area.