Knowledge of Payroll S
clients, your employees, and yourself to ensure that you are doing your due diligence. Payroll, like taxes and audits, de- mands attention to compliance. Rifle through reams of government documents and those
organization’s compliance obligations. That’s why it’s important that all organizations have an internal knowledge of the payroll complexities that affect an organization’s bottom line, even if payroll is outsourced.
A
PAYROLL INFOLINE SUPPORTS ACCOUNTANTS The Canadian Payroll Association
earching for compliance answers across multiple channels can be taxing and time-consuming. As an accountant, you have a responsibility to your
ccountants know that tax and payroll compliance go hand in hand. Yet many areas of payroll fall outside of the scope of the Income Tax Act, posing great risk to an
been configured incorrectly and we had been over remitting the employer portion of CPP and EI… for 3 years! This is just one example of many, where the knowledge I gained from payroll certification had tangible results.” – Brian B., PCP, Accounting Manager, Victoria, British Columbia
ever-changing regulations? Phone all the government agen- cies involved? Search multiple government websites? All these are helpful, but not very specific. Is there a better way? Enter Payroll InfoLine, a one-stop shop for your payroll compliance answers. Staffed by payroll experts with more than 200 years of combined experience, Payroll InfoLine is an indispensable tool that provides answers to your burning payroll questions. The service, available free to members of the Canadian Pay- roll Association, provides bilingual, individualized help via phone or email that is fast, efficient and reliable. Last year, the InfoLine fielded more than 43,000 inquiries from Cana- dian Payroll Association members on a variety of topics.
Payroll InfoLine supports accountants on topics like: Here’s what some graduates had to say:
“After a discussion in my certification course about taxable benefits, I came to work the next day to discover our payroll software had
• Labour and Employment Standards • Statutory Deductions • Year-end Reporting, Withholding and Filing
In this day and age, it is vital for organizations to fully understand the payroll implications of federal and provincial legislation. This is best done by having dedicated professionals who can track regulatory developments that could impact payroll compliance, and find solutions to minimize audit risk.
Many accounting and finance professionals become certified by the Canadian Payroll Association (CPA) as a complement to their accounting designations, to increase their career opportunities and improve their oversight of payroll departments and staff. Many others benefit from having certified payroll professionals on their teams and in their client organizations, because these professionals understand payroll compliance implications from a tax and accounting perspective. Past graduates of the CPA’s certification programs report an increased sense of confidence in understanding and applying payroll requirements and how they fit into the organizational fold. They also benefit from having the support of an organization with a dedicated InfoLine to answer any payroll questions and issues that arise.
“In overseeing payroll within many organizations, I have found that having internal payroll knowledge is essential for understanding tax complexities related to employer taxes and employment standards. Whether managing payroll in-house or outsourcing, having certified payroll professionals and professional payroll expertise on your team is vital to ensuring that compliance requirements regarding employer payroll contributions are being adhered to. Having a payroll certification or a certified individual on staff also provides you with access to the CPA’s InfoLine which is a lifeline for any payroll manager.” –Magda S., CPA, CMA, Finance Manager, Toronto, Ontario
• Taxable versus Non-Taxable Benefits • Terminations • ESDC and Service Canada • Earnings • Legal Deductions • Payroll Best Practices • WCB and CSST
Payroll InfoLine is consistently ranked by members as the
number one most highly-valued service of the Canadian Pay- roll Association. For many accountants, it remains payroll’s best-kept secret. What’s more, InfoLine is just one of the many resourc-
Becoming a Payroll Compliance Practitioner (PCP) or a Certified Payroll Manager (CPM) requires only four courses, available at many colleges and universities or online, and one year of demonstrated on-the-job experience. Those with an accounting designation also have the option to apply for an exemption to reduce their requirement to three courses.
Encourage someone from your team or your client’s organization to register for a CPA certification course today. Your business will reap the benefits.
Want to know more? Try a demo of our online learning platform or test your knowledge using the Payroll Knowledge Evaluator (PKE) available online at
payroll.ca
CANADIAN PAYROLL’S BEST KEPT SECRET
The Canadian Payroll Association’s InfoLine offers fast and reliable answers to all your payroll-related questions.
Find out how you, your organization, and your clients can benefit from the Canadian Payroll Association’s InfoLine and other payroll compliance tools.
es offered by the Canadian Payroll Association to support payroll compliance. A vast library of Payroll Best Practices Guidelines, e-Source legislative newsletter, DIALOGUE magazine and a host of tools and seminars offer support on accounting-impacting topics like special payments, employ- ment standards, payroll essentials, pensions & benefits and more. Find out how you, your organization, and your clients, can benefit from the Canadian Payroll Association’s InfoLine and other payroll compliance resources. Visit
payroll.ca for more information.
Visit
payroll.ca
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72