Finance and Accounting Courses

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.