compliance

This commit is contained in:
2025-07-18 05:18:32 -04:00
parent 2cba154f36
commit 90483c631d
8 changed files with 257 additions and 4 deletions

View File

@@ -114,6 +114,11 @@
4.1. Learning Objectives
</a>
</li>
<li class="toctree-l2">
<a class="reference internal" href="#content-knowledge">
4.2. Content Knowledge
</a>
</li>
</ul>
</li>
<li class="toctree-l1">
@@ -715,6 +720,138 @@ for example, union collective agreements or group insurance policies. Payroll pr
must therefore ensure the organization is compliant with all stakeholder requirements.
</p>
</section>
<section id="what-are-the-responsibilities-of-payroll-function">
<h4>
What are the Responsibilities of Payroll Function?
<a class="headerlink" href="#what-are-the-responsibilities-of-payroll-function" title="Link to this heading">
&para;
</a>
</h4>
<p>
The responsibilities of the payroll practitioner will differ depending on the size of the
organization, the number of jurisdictions in which they pay, the reporting structure under
which they work, and whether there are other related departments, such as human resources,
finance and administration in the organization.
</p>
<p>
Small and medium-sized organizations may have payroll practitioners whose positions
include other functions that, in a larger organization, would fall under other departments.
This payroll practitioner may be required to handle multiple tasks, such as employee
recruitment, human resource policy development, benefits administration, accounts payable,
accounts receivable, budgets and/or administration. These practitioners must have excellent
knowledge of all areas for which they are responsible and be aware of the resources available
to provide advice and information.
</p>
<p>
Larger organizations may have a distinct payroll department with specific payroll positions,
in addition to separate human resources, accounting and administration groups. Even in a
multi-departmental organization, payroll practitioners must have knowledge of the various
stages of the life cycle of an employee. From hiring through termination of employment,
many of these stages will impact how to produce the employee&rsquo;s pay and prepare required
reports.
</p>
<p>
The payroll department in a large organization may have:
</p>
<blockquote>
<div>
<ul class="simple">
<li>
<p>
payroll administrators who are responsible for entering payroll data into the system
</p>
</li>
</ul>
</div>
</blockquote>
<dl class="simple">
<dt>
and making required payroll remittances
</dt>
<dd>
<ul class="simple">
<li>
<p>
payroll coordinators who are responsible for preparing the payroll journal entries and
</p>
</li>
</ul>
</dd>
<dt>
reconciling the payroll related accounts
</dt>
<dd>
<ul class="simple">
<li>
<p>
payroll managers who manage the payroll function, the payroll staff and represent
</p>
</li>
</ul>
</dd>
</dl>
<p>
payroll at the management level
</p>
</section>
</section>
<section id="content-knowledge">
<h3>
Content Knowledge
<a class="headerlink" href="#content-knowledge" title="Link to this heading">
&para;
</a>
</h3>
<p>
Payroll practitioners should know the following to effectively perform their duties:
</p>
<blockquote>
<div>
<ul class="simple">
<li>
<p>
Payroll Compliance Legislation: the Income Tax Act, the Employment Insurance
</p>
</li>
</ul>
</div>
</blockquote>
<p>
Act, the Canada Pension Plan Act, Employment/Labour Standards, privacy
legislation, Workers&rsquo; Compensation and provincial/territorial payroll-specific
legislation
</p>
<blockquote>
<div>
<ul class="simple">
<li>
<p>
Payroll Processes: the remuneration and deduction components of payroll and how
</p>
</li>
</ul>
</div>
</blockquote>
<p>
to use these components to calculate a net pay in both regular and non-regular
circumstances
</p>
<blockquote>
<div>
<ul class="simple">
<li>
<p>
Payroll Reporting: how to calculate and remit amounts due to government agencies,
</p>
</li>
</ul>
</div>
</blockquote>
<p>
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.
</p>
</section>
</section>
<span id="document-compensation">