Financial Accounting & Payroll Systems

PROGRAM OVERVIEW

Canadian companies of all sizes – including publicly-traded corporations and private businesses – need accounting and payroll personnel to help them manage day-to-day financial matters. Well trained and detail-oriented professionals are in great demand, with new opportunities becoming available every day. The objective of the Financial Accounting and Payroll course is to train students in the practices of financial accounting and payroll in Canada.

This program focuses on three key elements: the theoretical principles of accounting and payroll, the practical hands-on skills required to do the job, and the communication skills needed to work within an office environment. Each successful student will have the necessary skills to enter into the workforce and maintain a complete set of books, both manually and with computerized systems.

PROGRAM DESCRIPTION

Qualification: Diploma
Duration: 44 Weeks
Delivery: Blended
Video: 20 Hours
Practicum: 2 Months

CAREER PATHS

FINANCIAL ACCOUNTANT

Keeping books and ensuring that your business is staying ahead of competing businesses, you will be responsible for the numbers that ultimately represent success and failure. The quality of your work must be impeccable, and because ERP College will prepare you, it will be.

SAP CONSULTANT

SAP consultants train other professionals on SAP or lends their expertise with regard to SAP environments. As such, their knowledge and expertise is crucial for establishing a healthy financial system within the organization.

PAYROLL PERSONNEL

Overseeing the salaries and wages that your business pays out, you will need to pay close attention to detail and use the proper tools as you carry out your responsibilities. You will be able to sign off on payroll documents sure that you have not missed anything.

BOOKKEEPER

As a Bookkeeper you will be recording financial transactions, such as purchases sales, receipts, and payments made by an individuals or institutions/corporations, recording all financial transactions and keeping it up to date is a key process that has to be maintained by the bookkeeper

ADMISSIONS REQUIREMENTS

Education
Post-Secondary Degree or Undergraduate Degree:

  • Verified By Transcript
  • Preferably in Business, Information Technology

English Proficiency
International English Language Testing System IELTS score of 5

  • Canadian Language Benchmark C.L.B. level 5
  • Listening 5
  • Speaking 5
  • Reading 5
  • Writing 5

Interview: Program applicants require an interview.

Others

  • Internal Basic Skills Test
  • Program applicants require a basic skills test based on a Grade 12 education
  • Understanding Mathematics
  • Police Background Check for Practicum as Needed

If you do not meet the admissions requirements and are interested in our program, please do not hesitate to get in touch with us anyway as we understand every situation is different and we will find ways to accommodate you.

PROGRAM CURRICULUM

MS OFFICE

● Word Level 1 and 2
● Microsoft Excel Level 1 & 2
● Microsoft PowerPoint
● Microsoft Outlook
● Keyboarding Skills

HOURS: 80

ACCOUNTING LEARNING CENTER (BOOKKEEPING & FINANCIAL ACCOUNTING 1)

● Posting to the general ledger accounts
● Preparing trial balances
● Recording Adjusting and closing entries
● Using Worksheets
● Preparing Financial Statements

HOURS: 80

FINANCIAL ACCOUNTING 2, INTERMEDIATE ACCOUNTING

Using Special Journals and subsidiary ledgers
● Recording entries for merchandise companies, accounting for the cost of goods sold, sales and purchase discounts.
● Assigning costs to Inventory LIFO, FIFO, Moving Weighted Average, Specific Identification
● Petty Cash and Bank Reconciliations
● Payroll accounting

HOURS: 80

PAYROLL COMPLIANCE & HUMAN RESOURCE

A comprehensive overview of modern-day personnel and human resource management
● Explore the diverse components of human resource functions and its role in the workplace
● Employee recruitment, development, and evaluation. Employee rights, benefits, safety in both domestic and global environments
● Working in a Unionized environment

Payroll Compliance Legislation (PCL)
● Describe payroll’s objectives and stakeholders.
● Identify an employer/employee relationship.
● Apply federal and provincial legislation to payroll including: The Canada Pension Plan; The Employment Insurance Act; The Income tax Act; Employment Standards legislation; Worker’s Compensation Acts; Quebec-specific legislation.
● Communicate the payroll compliance requirements to various stakeholders.

HOURS: 80

PAYROLL FUNDAMENTALS

● Varying widely from one employee to another, payroll entails an understanding of more variables than most other types of accounting. There are commissions, salaries, expenses, benefits, and other issues to consider, and there are multiple parties who require reporting of all these issues.

HOURS: 80

QUICKBOOKS

● One of the most popular pieces of accounting software, QuickBooks is widely used among consumers and businesses alike. To use the software, students will learn how to document accounts, banking information, records, and payroll.

HOURS: 80

SAGE 50

● Encompassing the entire accounting process according to Simply Accounting, students will organize a ledger, create records of transactions, run more involved accounting procedures in Simply Accounting, monitor payroll and inventory, and then close out accounting months and years as appropriate.

HOURS: 80

PERSONAL AND CORPORATE TAXATION

● Employees and employers pay for personal and corporate taxation according to the rules and regulations that the government sets. These are necessary concerns for any person or entity generating income or revenue.

HOURS: 80

SAP

● SAP finance is financial intelligence software renowned for its comprehensiveness, accounting for costs, revenues, and other business transactions in a single powerful tool. Mastery of this software affords efficient accounting and financial analysis.

HOURS: 80

PRACTICUM

● ERP College works hard to place students with Calgary employees as part of our two-month practicum. This is a requirement for our diploma program, which entails 120 working hours at a minimum. Serving a real business in Calgary, you will put your SAP, financial, accounting, and payroll skills into action. Our practicum represents a priceless opportunity to earn work experience before you graduate and begin your career.

HOURS: 160

Enroll Now



I understand that by submitting this form, I consent to be contacted by email, phone, text message or any other form of communication by ERP College. My consent can be withdrawn at any time.

Follow us on

Student Resources

X