Preparation, Analysis and Management of Payroll

OBJECTIVE:
· Determine the needed documentation in the Payroll Cycle. Prepare and reconcile the monthly payroll.
· Calculate contributions based on different assumptions for employer and employee

CONTENTS:
Payroll as the important link between human resources and accounting
· Introduction to the HR function
· Introduction to accounting function
· Importance of payroll function as between HR and accounting

The Hiring Process
· Understanding the Hiring process documentation
· Managing payroll process

Preparing and calculating payroll
· Looking for the right controls before starting
· Determining the right calculation basis for payroll
· Elements of risk leading to payroll mistakes
· Managing increments, deductions and payroll approvals
· Preparing payroll schedules

Employee Loans
· Controlling access to loans
· Reporting on loans status
· Reporting payroll contributions
· Determining contribution expense for individuals
· Determining corporate contributions
· Reporting results to the accounting department
· Coordinating with accounting department regarding payment process and control

FOR WHOM: Accountants, Treasurers, Auditors, Payroll Administrators, Operations Managers, Directors, Supervisors, Finance Managers, Human Resources Managers and others who perform related functions in Public and Private Sectors.
Methodology
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical experience, emphasizing the application of learned techniques. This approach ensures that attendees return to their professional environments equipped with both the competence and self-assurance to effectively implement the acquired skills in their responsibilities.
DATE:
1ST BATCH: 11th – 14th Mar, 2025
2ND BATCH: 16th – 19th Sept, 2025