BUSM79010
Payroll Fundamentals 2
Sheridan
 
  I: Administrative Information   II: Course Details   III: Topical Outline(s)  Printable Version
 

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: Spring/Summer 2022
Prerequisites: BUSM79009
Corequisites: N/A
Equivalents: N/A
Pre/Co/Equiv Notes: N/A

Program(s): Payroll Specialist
Program Coordinator(s): N/A
Course Leader or Contact: N/A
Version: 20220509_00
Status: Approved (APPR)

Section I Notes: Access to course materials and assignments will be available on Sheridan's Learning and Teaching Environment (SLATE). Students will need reliable access to a computer and the internet.

 
 
Section II: Course Details

Detailed Description
Upon successful completion of this course, you will be able to: calculate organizational remittances to federal, provincial and third party stakeholders; prepare accounting documentation for payroll; complete year end documentation; communicate all aspects of organizational remittances, accounting and year end requirements to internal, external and government stakeholders.

Program Context

 
Payroll Specialist Program Coordinator(s): N/A
The Payroll Compliance Practitioner (PCP) Certification will give you a solid foundation in payroll. You will gain the compliance knowledge needed to process an organization's annual payroll cycle, effectively communicate payroll information and fully understand how accounting relates to payroll.


Course Critical Performance and Learning Outcomes

  Critical Performance:
You will gain the compliance knowledge needed to process an organization's annual payroll cycle, effectively communicate payroll information and fully understand how accounting relates to payroll.
 
Learning Outcomes:

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

  1. Calculate organizational remittances to federal, provincial and third party stakeholders.
  2. Prepare accounting documentation for payroll.
  3. Complete federal year-end documentation.
  4. Complete year-end documentation for the province of Quebec.
  5. Discuss the role of technology in facilitating organizational compliance with both internal and external stakeholders.
  6. Communicate all aspects of organizational remittance, accounting and year-end requirements to various stakeholders.

Evaluation Plan
Students demonstrate their learning in the following ways:

 Evaluation Plan: IN-CLASS
 Communication20.0%
 Mid-Term Exam30.0%
 Final Exam50.0%
Total100.0%

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


 

Essential Employability Skills
Essential Employability Skills emphasized in the course:

  • Communication
  • Critical Thinking & Problem Solving
  • Information Management
  • Numeracy

Prior Learning Assessment and Recognition
PLAR Contact (if course is PLAR-eligible) - Office of the Registrar

  • Not Eligible for PLAR

 
 
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: In-Class
Professor: Multiple Professors
Resource(s):
 TypeDescription
OptionalOtherCourse Materials are ordered directly through the Canadian Payroll Association. Please visit payroll.ca, Certification, Certification Forms, PCP Classroom General Part-time and complete/submit the application form.

Applicable student group(s): Continuing and Professional Studies Students completing the Payroll Compliance Practitioner Program.
Course Details:
Week # Topics Covered In-Class Activities Homework
Week 1 Chapter 1, Payroll Accounting   Read Chapters 1&2
Week 2 Chapter 1, Payroll Accounting; Chapter 2, Federal Remittances and Reconciliations   Read Chapter 3, Post on Discussion Board
Week 3 Chapter 3, Year End Federal   Read Chapter 4
Week 4 Chapter 3, Year End Federal Cont'd   Post on Discussion Board, Complete Assignment 1
Week 5 Chapter 4, Non-Statutory Remittances and Reconciliations Assignment 1 Due Post on Discussion Board
Week 6 Review   Prepare for Midterm Exam
Week 7 Midterm Exam Midterm Exam Chapters 1-4 Read Chapter 5
Week 8 Chapter 5, Provincial Remittances and Reconciliations   Read Chapter 6
Week 9 Chapter 6, Year-End Quebec    
Week 10 Chapter 6, Year-End Quebec Cont'd   Read Chapter 7, Post on Discussion Board
Week 11 Chapter 7, Workers' Compensation Remittances and Reconciliations   Read Chapter 8, Post on Discussion Board, Complete Assignment 2
Week 12 Chapter 8, Payroll Technology Assignment 2 Due Post on Discussion Board
Week 13 Review For Final Exam   Prepare for Final Exam
Week 14 Final Exam Final Exam - Chapters 1-8  

Communication

  • The communication mark is assigned by your instructor based on your Discussion Board postings 5% and two written assignments 7.5% each.

Exams

  • The midterm and final exams must be written in class under the supervision of your instructor. If you are unsure of the examination dates, please login to the online program and look at the main Menu.
  • The exam dates will be posted under each exam link.

Minimum Pass Requirement
Students must achieve a minimum of 65% on the final exam and a 65% overall in order to pass the course.



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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