The effective management of the payroll
function is crucial for every business with multiple employees. it is
an aspect that requires attention to detail and careful observation of
the regulatory environment. The integration of the payroll function with
the finance and human resource department further contributes to the
operation management of a successful organization. This intensive
four-day workshop gives a comprehensive understanding of the principle
of payroll management and effective controls with a strong emphasis on
practical application in the working environment. Whether you are
seeking to manage these functions within your organization or to
diversify your skill sets for career progressing, this workshop will
provide you with the skills and knowledge needed to perform the vital
function of payroll management and the effective implementation of
controls.
Content:
Payroll Environment
Types of payroll systems
The Acts that govern payroll
Integration with company policies
Internal payroll audit
Payroll Management
Employee compensation
Additional employee benefits
Types of deductions and why
Setting up your payroll division
Corporate Integration
Linking Payroll with company finance department
Application of payroll accounts
Payroll and external audit procedure
Recording of payroll transaction in the accounting records
Effective Payroll Control
Protection of payroll information
What are internal controls?
Implementation of payroll controls
Evaluating payroll controls
For Whom:
Accountants, Payroll Administrator,
Payroll Officers, Admin Managers, Union Leaders, Supervisors, Team
Leaders, HR Managers, Auditors, and others who perform related functions
in Public and Private Sectors
Training Methodology
The training methodology combines
lectures, discussions, group exercises and illustrations. Participants
will gain both theoretical and practical knowledge of the topics. The
emphasis is on the practical application of the topics and as a result
participant will go back to the workplace with both the ability and the
confidence to apply the techniques learned to their duties.
Our portfolio of more than 200 training courses are currently designed to address the current training needs of our clients incorporating latest trends and internationally accepted best practices, in each distinct subject area.