Payroll Management and Effective Payroll Controls

The effective management of the payroll function is crucial for every business with multiple employees.  it is an aspect that requires attention to detail and careful observation of the regulatory environment. The integration of the payroll function with the finance and human resource department further contributes to the operation management of a successful organization. This intensive four-day workshop gives a comprehensive understanding of the principle of payroll management and effective controls with a strong emphasis on practical application in the working environment.  Whether you are seeking to manage these functions within your organization or to diversify your skill sets for career progressing, this workshop will provide you with the skills and knowledge needed to perform the vital function of payroll management and the effective implementation of controls.

CONTENT:

Payroll Environment

· Types of payroll systems

· The Acts that govern payroll

· Integration with company policies

· Internal payroll audit

Payroll Management

· Employee compensation

· Additional employee benefits

· Types of deductions and why

· Setting up your payroll division

Corporate Integration

· Linking Payroll with company finance department

· Application of payroll accounts

· Payroll and external audit procedure

· Recording of payroll transaction in the accounting records

Effective Payroll Control

· Protection of payroll information

· What are internal controls?

· Implementation of payroll controls

· Evaluating payroll controls

FOR WHOM:

Accountants, Payroll Administrator, Payroll Officers, Admin Managers, Union Leaders, Supervisors, Team Leaders, HR Managers, Auditors and others who perform related functions in Public and Private Sectors

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.