Accounting and Payroll Administration Diploma Program

This Computer Fundamentals course provides a comprehensive introduction to the essential concepts and skills needed to navigate and utilize computer technology effectively. Participants will explore core topics including hardware components, operating systems, software applications, and basic troubleshooting techniques. The course covers fundamental skills such as file management and internet navigation. Through practical exercises and guided instruction, learners will build a solid foundation in computer literacy, enabling them to confidently use technology in both personal and professional contexts. Ideal for beginners or those seeking to refresh their basic computer skills, this course ensures participants gain the knowledge necessary to operate computers efficiently and effectively.

This course will introduce students to accounting terminology, principles and practices. The course will focus on the analysis and recording of business transactions within the accounting cycle. The theory covered in the course will be reinforced through the preparation of basic financial documents for a service-oriented business using the double-entry bookkeeping method.

The Financial Planning (FP) course is designed to help students deliver the most effective financial plan analysis to valued clients, based on individual requirements and provide them with comprehensive knowledge about financial planning. Upon successful completion, students will be able to implement best practices in budgeting, borrowing, constructing, and analyzing practical financial statements.

This course helps students to develop the ability to see, collect, analyze, and communicate both quantitative and qualitative information used for planning, controlling, and measuring operations to assist management in making short-term decisions. Topics include the ever-evolving role of management accounting and basic concepts such as product costing and cost accumulation; process costing and hybrid product costing systems; activity-based costing and activity-based management; activity analysis, cost behaviour and cost estimation; cost-volume-profit analysis; absorption and variable costing; profit planning and activity-based budgets; standard costing and flexible budgeting, cost management tools, and decision making.

This course will help students to effectively utilize all the features of Microsoft Office products and increase productivity. Students become well-versed in Microsoft Word, Excel, PowerPoint and Outlook applications. This 4-week module helps students sharpen their computer and Office skills and prepare for the main course modules.

This course provides an in-depth exploration of the essential laws and regulations governing payroll practices across Canada. Participants will gain a comprehensive understanding of federal and provincial payroll requirements, including income tax withholding, Employment Insurance (EI) and Canada Pension Plan (CPP) contributions, and statutory benefits. The course covers compliance with the Canada Labour Code, provincial employment standards, and recent legislative updates, equipping students with the skills to ensure accurate and lawful payroll processing. Practical case studies and real-world scenarios will be utilized to reinforce concepts and prepare participants to navigate the complexities of Canadian payroll legislation effectively.

This course is the second requirement in the CPA's PCP Certification. This course covers essential topics such as payroll calculations, statutory deductions, employment standards, and regulatory compliance. Students will gain practical skills in processing payroll accurately, interpreting payroll legislation, and understanding the roles and responsibilities of payroll professionals in ensuring organizational compliance and employee satisfaction. Through a combination of theoretical knowledge and hands-on practice, learners will develop the proficiency needed to effectively manage payroll processes in various organizational settings.

Payroll Fundamentals 2 builds upon the foundational knowledge gained in Payroll Fundamentals 1, delving deeper into advanced payroll practices and regulations. This course focuses on complex payroll scenarios, including payroll accounting, federal remittances and reconciliations, non-statutory remittances and reconciliations, and payroll technology. Students will develop expertise in handling payroll discrepancies, conducting audits, and applying critical thinking to resolve payroll-related issues effectively. Emphasizing both theoretical concepts and practical application, Payroll Fundamentals 2 equips learners with the skills necessary to navigate intricate payroll challenges, ensuring compliance with evolving regulations and contributing to organizational efficiency and accuracy in payroll management.

Students learn to maintain the financial records of a small business using an accounting software package. Topics include an introduction, accounts payable, accounts receivable, payables and receivables setup; payroll journal and setup; inventory transactions; orders, quotes and deposits; currencies and remittances; project allocations; reconciliations and deposits; and comprehensive setup.

Students learn the feature-rich Sage 50 software. Topics include an introduction, accounts payable, accounts receivable, payables and receivables setup; payroll journal and setup; inventory transactions; orders, quotes and deposits; currencies and remittances; project allocations; reconciliations and deposits; and comprehensive setup.

Students examine the conceptual structure of the Income Tax Act and the application of its rules to practical situations. Topics include an introduction to federal taxation, procedures, and administration; income or loss from office, employment, business, or property; capital cost allowances and cumulative eligible capital; capital gains and losses; other income and deductions; and calculation of taxable income and tax payable for individuals.