compliance

docs/build/html/_sources/compliance.rst.txt

@@ -120,17 +120,11 @@ 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.
+  - 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.
 
 Technical Skills
 ----------------
@@ -149,14 +143,15 @@ Personal and Professional Skills
 
 The following personal and professional skills will assist payroll practitioners in dealing with
 the various stakeholders involved in the payroll process:
-  - written communication skills, such as preparing employee emails and memos,
-management reports, policies and procedures and correspondence with various levels
-of government
-  - verbal communication skills, to be able to respond to internal and external
-stakeholder inquiries
-  - the ability to read, understand and interpret legal terminology found in documents
-such as collective agreements, benefit contracts and government regulations
+
+  - written communication skills, such as preparing employee emails and memos, management reports, policies and procedures and correspondence with various levels of government
+
+  - verbal communication skills, to be able to respond to internal and external stakeholder inquiries
+
+  - the ability to read, understand and interpret legal terminology found in documents such as collective agreements, benefit contracts and government regulations
+  
   - excellent mathematical skills to perform various calculations
+
   - problem solving, decision-making, time management and organizational skills
 
 Behavioural and Ethical Standards
@@ -164,17 +159,15 @@ Behavioural and Ethical Standards
 
 Behaviour and ethics are two areas that build on the skills that an effective payroll practitioner
 must have. Effective payroll professionals should be:
+
   - trustworthy, as the potential for fraud is ever present
   - conscientious, with a keen attention to detail
   - discreet, due to the confidential nature of information being handled
-  - tactful in dealing with employees who can be very sensitive when discussing their
-financial issues
+  - tactful in dealing with employees who can be very sensitive when discussing their financial issues
   - perceptive, able to understand all sides of an issue
   - able to work under the pressures of absolute deadlines
-  - able to use common sense in order to recognize problems quickly and apply sound
-solutions
-  - able to remain objective and maintain a factual perspective when dealing with
-questions and inquiries
+  - able to use common sense in order to recognize problems quickly and apply sound solutions
+  - able to remain objective and maintain a factual perspective when dealing with questions and inquiries
 
 3. Payroll Stakeholders
 ========================
@@ -193,33 +186,39 @@ outsource/software vendors.
 Government Stakeholders
 ----------------------
 
-Government Stakeholders
 Government legislation provides the rules and regulations that the payroll function must
 administer with respect to payments made to employees. For this reason, it is important for
 the payroll practitioner to understand both the scope and the source of payroll-related
 legislation.
+
 Canada is ruled by a federal government with ten largely self-governing provinces and three
 territories controlled by the federal government. Payroll practitioners have to be compliant
 not only with the federal government legislation, but with the provincial and territorial
 governments' legislation as well.
+
 As a result, payroll practitioners and their organizations are affected by the enactment of
 legislation at both the federal and provincial/territorial level.
+
 The federal parliament has the power to make laws for the peace, order and good government
 of Canada. The federal cabinet is responsible for most of the legislation introduced by
 parliament, and has the sole power to prepare and introduce tax legislation involving the
 expenditure of public money.
+
 The provincial/territorial legislatures have power over direct taxation in the province or
 territory for the purposes of natural resources, prisons (except for federal penitentiaries),
 charitable institutions, hospitals (except marine hospitals), municipal institutions, education,
 licences for provincial/territorial and municipal revenue purposes, local works, incorporation
 of provincial/territorial organizations, the creation of courts and the administration of justice,
 fines and penalties for breaking provincial/territorial laws.
+
 Both the federal and provincial/territorial governments have power over agriculture,
 immigration and certain aspects of natural resources. Should their laws conflict, federal law
 prevails.
+
 In the case of old age, disability, and survivor's pensions, again both the federal and
 provincial/territorial governments have power. In this instance, if their laws conflict, the
 provincial/territorial power prevails.
+
 The federal government cannot transfer any of its powers to a provincial/territorial
 legislature, nor can a provincial/territorial legislature transfer any of its powers to the federal
 government. The federal government can, however, delegate the administration of a federal
@@ -241,14 +240,12 @@ authority of the Parliament of Canada extends to all matters regarding:
   - regulation of trade and commerce
   - Employment Insurance
   - postal service
-  - fixing and providing salaries and allowances for civil and other officers of the
-Government of Canada
+  - fixing and providing salaries and allowances for civil and other officers of the Government of Canada
   - navigation and shipping
-  - ferries between a province and any British or foreign country or between two
-provinces
-  - criminal law, except the Constitution of Courts of Criminal Jurisdiction, but including
-the Procedure in Criminal Matters
+  - ferries between a province and any British or foreign country or between two provinces
+  - criminal law, except the Constitution of Courts of Criminal Jurisdiction, but including the Procedure in Criminal Matters
   - anything not specifically assigned to the provinces under this Act
+
 The Canada Labour Code is legislation that consolidates certain statutes respecting labour.
 Part I deals with Industrial Relations, Part II deals with Occupational Health and Safety and
 Part III deals with Labour Standards. The primary objective of Part III is to establish and
@@ -256,12 +253,9 @@ protect employees' and employers' rights to fair and equitable conditions of emp
 Part III provisions establish minimum requirements concerning the working conditions of
 employees under federal jurisdiction in the following industries and organizations:
 
-  - industries and undertakings of inter-provincial/territorial, national, or international
-nature, that is, transportation, communications, radio and television broadcasting,
-banking, uranium mining, grain elevators, and flour and feed operations
-  - organizations whose operations have been declared for the general advantage of
-Canada or two or more provinces, and such Crown corporations as Canada Post
-Corporation, and the Canadian Broadcasting Corporation (CBC)
+  - industries and undertakings of inter-provincial/territorial, national, or international nature, that is, transportation, communications, radio and television broadcasting, banking, uranium mining, grain elevators, and flour and feed operations
+
+  - organizations whose operations have been declared for the general advantage of Canada or two or more provinces, and such Crown corporations as Canada Post Corporation, and the Canadian Broadcasting Corporation (CBC)
 
 Review Summary
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