Syllabus Of The Foundation Certificate in Payroll and Payroll Compliance-

Course Structure

The Payroll Environment

  • Obligations to Human Resources
  • Obligations to Finance
  • Obligations to IT
  • Payment Periods and Frequencies
  • Pay Calendars
  • Data Collection and Timescales
  • Payroll Timetable

The fundamentals of Payroll Processing

  • New Starters
  • Authorised / Unauthorised Absences
  • Pay Awards and Increments
  • Leavers

The Key Principles of Payment & Deductions

  • Pay and Allowances
  • Overtime and Flexible Leave
  • Leave, Travel Allowance & Local Travel Assistance
  • Medical Payments

Taxation & Employees Provident Fund

  • Basic Understanding
  • Income Excluded from Tax
  • Income under Head Salary 1
  • Income under Head Salary 2
  • Employees Provident Fund
  • Employees Deposit
  • Employees Pension Scheme
  • Payment of Bonus Act 1965

Employee State Insurance

  • Employee State Insurance
  • The Maharashtra Labour Welfare Fund Act 1953
  • Mandatory Gratuity Scheme

Eligibility

Pre-RequisitesDuration
Graduate / DBM2 month programme.

Reference Books:

  1. “The Payroll Source” by American Payroll Association
  2. “Payroll Management: 2020 Edition” by Steven M. Bragg
  3. “The Payroll Source Online” by American Payroll Association
  4. “Payroll Accounting” by Bernard J. Bieg and Judith A. Toland
  5. “Principles of Payroll Administration” by Joanne N. Smith