Course Objectives:
At the end of this course the participants will be able to:
- Understand the functions of human resources, accounting, and finance and how to contribute to its success.
- Prepare monthly salaries and review accurately.
- Understand the staff returns and their loans and their holidays and reward the end of their service are calculated.
- Match payroll and auditing in supporting documents for payment.
- Prepare monthly and annual salary budgets
- Design periodical reports to payroll management and analysis.
Targeted Competencies:
- Staff cost control.
- Preparation and preparation of salaries.
- Payroll analysis and reporting.
- Accounting of payrolls and settlement of accounts.
- Preparing salaries and expenses budget.
- Balance of expenses and assets.
Course Content:
Unit 1: The Importance of The Payroll Department as a Link:
- Employment.
- Retain staff.
- Development.
- Introduction to Accounting and Finance.
- Financial and administrative decisions.
- Payroll section as a link.
- The objectives of the Department of payrolls.
- Controls section of salaries.
- Policies and procedures of the Department of payrolls.
Unit 2: Preparation and Calculation of Salaries:
- Determine the correct controls in the payroll section.
- Determine the correct calculation basis.
- The risks that lead to the occurrence of errors in salaries.
- Increases and discounts.
- Approvals on salaries.
- Fraud in the payroll department.
- Fraud prevention in the payroll department.
- Prepare the payroll.
Unit 3: Loans and Bonuses Employees:
- Characteristics of loans and salary advances.
- Control of obtaining loans and rewards.
- Preparation of loan reports.
- Compensate for the end of the actual cumulative service.
- Prepare reward reports.
Unit 4: The Role of Accounting and Auditing Departments:
- Recording salaries and payroll expenses payable.
- The registration of the costs of salaries owed on the assets and inventory.
- Salary settlement with employee accounts.
- The settlement of liabilities with social security and government agencies.
- Reconcile payments and bank account.
- Introduction of internal and external audit.
- Auditing payroll.
Unit 5: Preparation of Balancing Payrolls:
- Introduction to the budget.
- The preparation of the budget for the Department of salaries.
- Prepare the annual budget for salaries and contributions for the entire company.
Unit 6: Statement of Payrolls and Contributions:
- Reports on payrolls.
- Payroll Protection System.
- Ministry of Labor.
- Social Insurance.
- General Organization for Social Insurance in Saudi Arabia (GOSI).
- General Authority for Pensions and Social Security in the United Arab Emirates (GPSSA).
Targeted Groups:
- Payroll Staff
- Payroll Accountants
- Account Assistants
- Payroll Supervisors and Managers
- HR Professionals and team members who handle payroll as well as employees interested in understanding and applying payroll best practices.
