Sheridan Course Outlines

Land Acknowledgement

Sheridan College resides on land that has been, and still is, the traditional territory of several Indigenous nations, including the Anishinaabe, the Haudenosaunee Confederacy, the Wendat, and the Mississaugas of the Credit First Nation. We recognize this territory is covered by the Dish with One Spoon treaty and the Two Row Wampum treaty, which emphasize the importance of joint stewardship, peace, and respectful relationships.

As an institution of higher learning Sheridan embraces the critical role that education must play in facilitating real transformational change. We continue our collective efforts to recognize Canada's colonial history and to take steps to meaningful Truth and Reconciliation.

Section I: Administrative Information

Total hours: 42.0
Credit Value: 3.0
Credit Value Notes: N/A
Effective: Fall 2020
Prerequisites: N/A
Corequisites: N/A
Equivalents: BUSM70005
Pre/Co/Equiv Notes: N/A

Program(s): Small Business Bookkeeping
Program Coordinator(s): Ruxandra Dunn
Course Leader or Contact: N/A
Version: 20200914_00
Status: Approved (APPR)

Section I Notes: This is a Durham College course that is offered through Continuning and Professional Studies at Sheridan. Students who register for the course through Sheridan will receive credit from Sheridan College. Access to the course materials will be through OntarioLearn.com.

Section II: Course Details

Detailed Description
The course covers the following topics: maintaining payroll records; salaried, hourly, commission and contract workers; taxable benefits, statutory and other deductions; preparation of payroll journal entries; preparation of Records of Employment; preparation of T4s and T4 Summary; Workers' Compensation; Employment Standards; and Computerized Payroll. Course is equivalent to CIB accredited courses.

Program Context

Small Business Bookkeeping	Program Coordinator(s): Ruxandra Dunn
This is a required course within the Small Business Bookkeeping Certificate program.

Course Critical Performance and Learning Outcomes

	Critical Performance:
	N/A

Learning Outcomes:

To achieve the critical performance, students will have demonstrated the ability to:

Correctly identify the various components and aspects of pay.
Demonstrate knowledge of current payroll legislation regarding statutory deductions and remittances.
Perform all standard basic payroll functions.
Recognize various non-standard employer payroll costs such as EHT and WSIB
Perform necessary month end and year end journal entries.
Perform year end payroll reconciliations such as the issuance of the T4 and T4A and be able to explain the importance of the Revenue Canada PIER Report.
Gain insight into the subject area of the Employment Standards Act of Ontario.

Evaluation Plan
Students demonstrate their learning in the following ways:

Evaluation Plan: ONLINE

	Quiz (2 x 20%)	40.0%
	Discussions ( 4 x 2%)	8.0%
	Mid-term (Online)	22.0%
	Final exam (online)	30.0%
	Total	100.0%

Evaluation Notes and Academic Missed Work Procedure:

Please note that the final exam will be online.

Provincial Context
The course meets the following Ministry of Colleges and Universities requirements:

Prior Learning Assessment and Recognition
PLAR Contact (if course is PLAR-eligible) - Office of the Registrar
Students may apply to receive credit by demonstrating achievement of the course learning outcomes through previous relevant work/life experience, service, self-study and training on the job. This course is eligible for challenge through the following method(s):

Challenge Exam
Notes: This course is delivered through OntarioLearn at ontariolearn.com and is hosted by (Durham College) DU-ACCT2283.

Section III: Topical Outline

Some details of this outline may change as a result of circumstances such as weather cancellations, College and student activities, and class timetabling.
Instruction Mode: Online
Professor: Multiple Professors
Resource(s):

	Type	Description
Optional	Other	No Textbook (Unit Lessons Supplied in Moodle Book Format) www.cra-arc.gc.ca Revenue Canada There is a link available within the course that will allow you to download the Ontario and federal tax tables, CPP deduction tables and El deduction tables.

Applicable student group(s): Continuing Education and Professional Studies Online Students
Course Details:

Week 1: Orientation

Week 2: Introduction to Payroll

Week 3: Documentation, Internal Controls and Employment Standards Act

Week 4: Earnings & Deductions and Taxable Benefits

Week 5: Canada Pension Plan

Week 6: Employment Insurance

Week 7: Income Tax

Week 8: Midterm Exam

Week 9: EHT & Workers Compensation

Week 10: Record of Employment

Week 11: Payroll Accounting

Week 12: Year End Reporting Requirements

Week 13: Course Review

Final Exam

Sheridan Policies

It is recommended that students read the following policies in relation to course outlines:

Academic Integrity
Copyright
Intellectual Property
Respectful Behaviour
Accessible Learning

All Sheridan policies can be viewed on the Sheridan policy website.

Appropriate use of generative Artificial Intelligence tools: In alignment with Sheridan's Academic Integrity Policy, students should consult with their professors and/or refer to evaluation instructions regarding the appropriate use, or prohibition, of generative Artificial Intelligence (AI) tools for coursework. Turnitin AI detection software may be used by faculty members to screen assignment submissions or exams for unauthorized use of artificial intelligence.

Course Outline Changes: The information contained in this Course Outline including but not limited to faculty and program information and course description is subject to change without notice. Nothing in this Course Outline should be viewed as a representation, offer and/or warranty. Students are responsible for reading the Important Notice and Disclaimer which applies to Programs and Courses.

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