Accounting & Payroll Administration Diploma Program Summary
ABM College’s Accounting & Payroll Administration Diploma program prepares students with the necessary stills to meet current job demands within the accounting sector. Practical study in accounting and bookkeeping fundamentals, accounting jargon, along with software such as Sage Quickbooks, and Microsoft Office provide students with the foundation necessary to succeed in a competitive job market.
Double Course Value
The combination of both areas of accounting and payroll administration is more valuable for students
Interactive classroom environment with active participation provides for easier and more effective learning
Engaging Course Material
Highly knowledgeable and experienced instructors turn technical components into fun exercises
- Payroll clerk
- Accounts payable or receivable clerk
- Accounting assistant
- Accounting administrator
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Accounting & Payroll Administration Diploma Description
An ABM College diploma in Accounting and Payroll Administration gives you the opportunity to work in virtually any industry imaginable. Accounting and Payroll personnel are crucial to almost every company in Canada.
Through the combination of accounting, Canadian payroll and tax knowledge, this program will provide a comprehensive understanding of both corporate financial statements and cash flow statements. Furthermore, this diploma includes practical study in accounting and bookkeeping fundamentals. Students will also gain experience with accounting software such as Sage and QuickBooks.
As a graduate you leave with the full knowledge of the industry tools, and the practical experience offered through the mandatory practicum at the end of the program.
Students must meet ONE of these criteria:
Alberta High School Diploma or equivalent with verified transcript, plus successful interview with ABM College Administration
General Equivalency Diploma (G.E.D.), plus successful interview with ABM College Administration, and if student’s first language is not English, Canadian Language Benchmark of 5 with SLE Language Evaluation Test
Students must meet ALL of these criteria:
1. At least 18 years of age prior to admission
2. Score of 15 or higher on Entrance Exam (Scholastic Wonderlic)
3. Successful interview with ABM College Administration
4. If student’s first language is not English, Canadian Language Benchmark of 5 with SLE Language Evaluation Test
Speak with one of our admissions advisors today.
For further information about our Accounting & Payroll Administration program, please contact an ABM College admissions advisor.
"I recommend ABM College to almost everyone I meet; great opportunity, friendly staff, I feel valued, appreciated, acknowledged and rewarded, which keeps me motivated mentally and physically. The administration, faculty and staff are truly dedicated and committed to the school community as a whole."
"ABM College has a great selection of courses, where classes are designed with the students’ needs in mind. Also, the staff there are very friendly and genuinely want to help their students succeed. They take care of their students during their studies and after graduation, in terms of finding a practicum or a professional job in their designated fields. Not only that, the college is a short walking distance from a train station and easily accessible via more than one bus route."
Accounting & Payroll Administration Course Components
Course Description: This course assists students in understanding the various aspects of the accounting profession with a general background of the fundamentals of accounting, as well as understanding the daily transactions procedures that exist in business. Students will gain experience with typical bookkeeping functions, including recording journal entries and performing full accounting cycle. Topics include: accounting and the business environment; recording business transactions; adjusting entries; closing entries and completing the accounting cycle; merchandising accounting; accounting information systems; internal control and cash; receivables; property, plant and equipment; goodwill and intangible assets; and current liabilities and payroll accounting.
Course Description: Students develop the ability to prepare and analyze the financial statements of public corporations. Topics include an overview of corporate financial reporting, transaction analysis, and accounting entries; double-entry accounting systems; merchandising and inventory; internal control, cash, and receivables; long-lived assets and current liabilities; financial reporting concepts and accounting for partnerships; corporations; long-term liabilities; cash flow statement; investments; and financial statements analysis.
Course Description: Students develop the ability to collect, analyze, and communicate quantitative and non- quantitative information to assist management in making more effective planning and control decisions. Topics include the changing role of management accounting and basic concepts; product costing and cost accumulation; process costing and hybrid product costing systems; activity-based costing and activity-based management; activity analysis, cost behaviour and cost estimation; cost-volume profit analysis; absorption and variable costing; profit planning and activity-based budgets; standard costing and flexible budgeting; cost management tools; and decision making.
Course Description: Students learn to maintain the financial records of a small business using the QuickBooks accounting software package. Students learn this full suite of bookkeeping tools to help manage a business, including income and expense tracking, payroll management and financial management tools.
Course Description: Students learn the feature-rich Sage 50 software. Topics include an introduction; accounts payable; accounts receivable; payables and receivables setup; payroll journal and setup; inventory transactions; orders, quotes and deposits; currencies and remittances; project allocations; reconciliations and deposits; and comprehensive setup.
Course Description: Students examine the conceptual structure of the Income Tax Act and the application of its rules to practical situations. Topics include an introduction to federal taxation; procedures and administration; income or loss from office, employment, business, or property; capital cost allowances and cumulative eligible capital; capital gains and losses; other income and deductions; and calculation of taxable income and tax payable for individuals.
Course Description: Students who complete this course will know the payroll compliance responsibilities that affect organizations, be able to comprehend payroll legislation, and be able to effectively communicate these to all stakeholders. This course will provide students with the payroll related legislation affecting organizations, as well as the tools to find information and apply that information to different scenarios in relation to individual pay. Our programs will prepare you to manage compliance requirements, deliver reliable payroll information and contribute valuable insights. Certifications include: The Payroll Compliance Practitioner (PCP) Certification, which will give you a solid foundation in payroll.
Course Description: This course is the second requirement in the CPA's PCP Certification. Upon completion of Payroll Fundamentals l, students should be able to calculate regular individual net pay, non-regular individual pay and termination payments. Students will also learn to calculate a Record of Employment (ROE) and communicate all aspects of individual pay requirements to various stakeholders. This course is the second core payroll course in the Payroll Compliance Practitioner (PCP) certification program.
Course Description: Students who complete this course will be able to calculate and report the government and third party remittances, year-end requirements, discuss payroll technology solutions and account for payroll at the compliance level for the organization. Students will be able to effectively communicate these organizational processes and requirements to internal and external stakeholders.
Course Description: This course will provide students with the Microsoft Office skills needed to work in a fast-paced accounting department. Students will build skills in keyboarding, internet use, and how to use all common Microsoft Office Suite applications.
Course Description: Students will gain practical and hands-on experience to apply the knowledge and skills learned in class to real-world experiences in a professional capacity.
Course Description: This course helps students explore and understand the role of communication in professional business settings. Attention is given to workplace culture, interpersonal and team communication, technology, professional presentations, research, meetings, and professional writing grounded in communication and business theory.
Course Description: Students work with a professional career counsellor to develop and optimize a professional resume to put forward for employers. Additional support in job searching, interview techniques, and other career transition skills are offered to ensure students have the best possible work prospects.