Payroll Preparation, Analysis And Management

Payroll Preparation, Analysis And Management

At the end of the course, the participants will know:

✓ Understanding the role of human resources, accounting, and finance and how to
contribute to their success .
✓ Preparing and auditing monthly payrolls
✓ Calculate employees’ loans, their vacations, and their end of service benefit .
✓ Prepare monthly and annual payroll balance .
✓ Design reports to manage and analyze payroll.

Course Content

The importance of the Payroll department as a link

Introduction to human resources as a job
Employment
Employees retention
Development
Introduction to accounting and finance
Financial and managerial decisions
The payroll department as a link
The objectives of the payroll department
The criteria of the payroll department
The policies and procedures of the payroll department

Preparing and Calculating payroll

Decide on the right criteria in the payroll department
Identify the basics of the right account
The risks that lead to mistakes in payroll
The bonuses and the deductions
Approving the payroll
Fraud in the payroll department
Avoiding fraud in the payroll department
Preparing payroll charts

Loans and employees’ bonuses

The characteristics of payroll loans
Controlling loans and bonuses
Preparing loans reports
Preparing bonuses reports

The roles of accounting and auditing departments

Registering payroll spending
Registering payroll costs
Settling payroll
Settling deductions
Introduction to internal and external auditing
Auditing the payroll charts

Preparing payroll balances

Introduction to payroll balance
Prepare the balance for the payroll department
Preparing the annual budget for payrolls and contributions of the whole company

Announcing payrolls and contributions

The reports that has to do with payroll
The system for protecting payrolls
The ministry of labor
Social Security

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