Computerized Accounting and Canadian Payroll program

Program Objectives

This program is designed to equip the students with the principles of accounting including posting, payroll preparation, CCRA deductions, employee benefits, and spreadsheets. The program will also provide hands-on training in the key areas of financial accounting and various computerized accounting systems.

Certificate

The graduates of this program will be qualified to obtain the Payroll Compliance Practitioner (PCP) certification from the Certified Payroll Manager (CPM), offered by the Canadian Payroll Association (CPA). The certification is nationally recognized as the standard for Payroll training.

Admissions Criteria

• Grade 12 or equivalent
• Mature student

For further information, please call +1416-510-2739 or email: [email protected]

The Computerized Accounting and Canadian Payroll program is certified and approved by the Canadian Payroll Association (CPA)

Graduation Criteria

• A minimum final mark of 60%
• an overall average of 60%

Students who achieve an average of 90% or more will have an Honors designation on their diploma.

Employment Opportunities

• Accounting Assistant
• Payroll Administrator/Supervisor
• Payroll Clerk
• Bookkeeper
• Junior Accountant
• Auditing Clerk
• Junior Financial Analyst
• Payroll Officer
• Salary Administration Officer

Computer Training

• Windows, Internet
• Microsoft Word – Document Processing
• Microsoft Excel – Working with Spreadsheets
• Microsoft PowerPoint – Effective Presentations
• Microsoft Access – Implementing Database
• Microsoft Outlook – Communication/ Scheduling

Access Business College is an authorized testing site for Access Business College students enrolled in the CPA program.

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Job Search And Career Development

Steps for a Successful Job Search

Identify Present and Future Goals and the Differences Between Jobs and Careers Identify and Discuss Work Related Characteristics and Personal Characteristics.

Bookkeeping and Accounting

• Accounting in Action
• Generally Accepted Accounting Principle
• Accounting Equation
• The recording process
• Record and post Journal Transactions
• Trail Balance purpose and limitations
• Taxes
• Types of sales taxes
• Recording and remittance of sales taxes
• Adjusting the Accounts
• The time period Assumption
• Types of adjusting entries
• The accrual basis of Accounting
• Completion of The Accounting Cycle
• Prepare and post-closing entries
• Reversing and correcting entries
• Financial Statements
• Accounting for Merchandising Operations
• Purchases and sales of merchandise
• Merchandising Financial Statements
• Inventory Coasting
• Two methods of estimating inventory
• Inventory Costing
• Internet Control and Cash
• Internal control activities
• Operation and control of petty cash
• Reconciling the bank account

Simply Accounting For Windows

• General Journal
• Accounts Payable
• Accounting for Purchases
• Accounting for Payments
• Adjusting a Posted Invoice
• Accounts Receivable
• Tax remittances
• Payroll Journal
• Inventory Transactions
• Discounts, Orders, and Quotes
• Credit Cards, Foreign Currency
• Reconciliation and Deposits
• Payroll and Inventory Setup

Computerized Accounting Simply Accounting For Windows

• Cash transactions
• General Journal Transactions
• Set up a New Company
• Vendor Transactions
• Customer Transactions
• Payroll Transactions
• Inventory Transactions
• Discounts, Estimates, and Orders
• Banking, Taxes, and Credit Cards

ACCPAC For Windows

• Accounts Payable
• Accounts Receivable
• General Ledger
• Common Services
• Payroll Transactions
• Source Journal Profile
• Year-End Procedures

Job Search and Career Development

Identify Skills and Area of Expertise, Stressing the Importance of Technical and Soft Skills Identify and Discuss Transferable Skills.

Job Search Management

Discuss the Importance of obtaining Employer Profiles Identify Ways and Stress the Importance of Focusing on the Right Job Tap into the Hidden Job Market Discuss the Importance and Use of Networking Outline and Discuss Employer Expectations.

Resume Writing

• Resume types – chronological and functional
• How to Market oneself
• Writing the resume-objective, education, experience, and overall appearance
• How to Create Effective Cover Letters and Thank You Letters

The Interview

• How to Prepare for the Interview
• Various Types of Interview
• Typical Interview Questions
• Questions to Ask a Prospective Employer
• Mockup interview and Feedback

Payroll Compliance (from CPA)

• The Canadian Pension Plan
• The Employment Insurance Act
• The Income Tax Act
• Employment Standards Legislation
• Worker’s Compensation Acts
• Quebec-specific Legislation
• Identify an employer/ employee relationship
• Describe Payroll’s Objectives and Stakeholders

Payroll Fundamentals I (from CPA)

• 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

Payroll Fundamentals II (from CPA)

• Prepare Accounting documentation for payroll
• Complete year-end documentation
• Calculate organizational remittances to federal, provincial, third-party stakeholders
• Communicate all aspects of organizational remittances, accounting and year-end requirements to internal, external, and government stakeholders.