AC 201 - Payroll Administration

3 Credits

This is a required course for Accounting Technician students. Credit transfer has been negotiated with the Canadian Institute of Bookkeeping.

The payroll record-keeping task for business is fundamental to the provision of accurate and timely labour and operating cost information and the need for compliance with all legislation.  This course introduces students to the many facets of payroll facing business.

Prerequisites: None
Corequisites: AC 130  

Course Learning Outcomes:
Upon successful completion of this course, students will be able to:

1. List the responsibilities of the payroll function.
2. State the federal and provincial legislation and identify their impact on the payroll function.
3. List the tasks that need to be performed on the commencement of an individual’s employment.
4. Apply the provisions of the Employment Standards Code for the Province of Alberta.
5. Recognize the issues involved in assessing whether an individual is an employee or is self-employed.
6. Calculate earnings for part-time, full-time, wage earning, salaried, and commissions-based employees.
7. Calculate statutory deductions for Canada Pension Plan, Employment Insurance, and Income Tax.
8. Differentiate between taxable benefits, allowances, and expense reimbursements and incorporate those applicable in the preparation of payroll.
9. Prepare payroll calculations for situations involving retroactive pay, bonuses, commission payments, vacation pay, and payout.
10. Differentiate between the categories of non-statutory deductions and incorporate them into the calculation of payroll.
11. Incorporate termination payments into the determination of payroll.
12. Accurately prepare Records of Employment for a variety of employment situations.
13. Prepare T4’s and summaries for remittance to Revenue Canada.

Revenue Canada guides, Interpretation Bulletins, Employer’s

Guide to Payroll Deductions, Payroll Deduction Table and forms

Province of Alberta Employment Standards Code

Handouts as applicable.

Optional Resource Materials:
None

Conduct of Course:

Students should come to class prepared to discuss the topic at hand. This requires a familiarity with the content of the topic to be discussed in class by pre-reading the required material as set out in the course schedule or as assigned by the instructor.

Lab assignments are required to be handed in as set out by the individual instructor.

Class time is comprised of a combination of interrelated lectures and work sessions supplemented with handout materials, whiteboards, PowerPoint, Blackboard, and overheads.  Students are encouraged to participate in discussions and in clarifying topical material.

Regular attendance is essential for success in any course. Absence for any reason does not relieve a student of the responsibility of completing course work and assignments to the satisfaction of the instructor. Poor attendance may result in the termination of a student from a course(s).

If you do not meet the established attendance requirements, your instructor will recommend that the Registrar withdraw you from the course. A failing grade of RW (Required to Withdraw) will appear on your transcript.

In cases of repeated absences due to illness, the student may be requested to submit a medical certificate.

Instructors have the authority to require attendance at classes.

Content of Course:
 

Students are tested on materials from readings, handouts, and assigned problems.

A final grade is determined in the following manner:

Students must attempt all exams in order to receive a grade. No rewrites are offered.

All marks are recorded as percentages and then converted to a final letter grade according to the following criteria:

Course Pass Requirements:
A minimum grade of D (50%) (1.00) is required to pass this course. Students must maintain a cumulative grade of C (GPA - Grade Point Average of 2.00) in order to qualify to graduate.