compliance

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2025-07-18 05:18:27 -04:00
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@@ -115,3 +115,20 @@ and making required payroll remittances
reconciling the payroll related accounts reconciling the payroll related accounts
- payroll managers who manage the payroll function, the payroll staff and represent - payroll managers who manage the payroll function, the payroll staff and represent
payroll at the management level payroll at the management level
Content Knowledge
-----------------
Payroll practitioners should know the following to effectively perform their duties:
- Payroll Compliance Legislation: the Income Tax Act, the Employment Insurance
Act, the Canada Pension Plan Act, Employment/Labour Standards, privacy
legislation, Workers' Compensation and provincial/territorial payroll-specific
legislation
- Payroll Processes: the remuneration and deduction components of payroll and how
to use these components to calculate a net pay in both regular and non-regular
circumstances
- Payroll Reporting: how to calculate and remit amounts due to government agencies,
insurance companies, unions and other third parties. In addition, payroll reporting
includes accounting for payroll expenses and accruals to internal financial systems
and federal and provincial/territorial year-end reporting.