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