In-class Diploma Program
Online Distance Education Diploma Program
Do you have an interest in business, a logical mind and the ability to learn computer applications? The Accounting and Payroll course may be the program for you! Payroll clerks collect, verify and process payroll information and determine pay and benefit entitlements for employees. Accounting and related clerks calculate, prepare and process bills, invoices, accounts payable and receivable, budgets and other financial records.
Approved as a vocational program under the Ontario Career Colleges Act, 2005.
The objective of the Accounting and Payroll Administrator Diploma program is to train students in the practices of financial accounting and payroll in Canada. This program focuses on three key elements: the theoretical principles of accounting and payroll, the practical “hands on” skills required to do the job, and the communication skills needed to work within an office environment. Each successful student will have the necessary skills to enter into the workforce and maintain a complete set of books, both manually and with computerized systems.
In accounting, students will learn to calculate, prepare and issue accounting reports related to financial transactions such as bills, invoices, inventory reports, account statements and other financial statements using computerized and manual systems; code, total, batch, enter, verify and reconcile transactions such as accounts payable and receivable, payroll, purchase orders, cheques, invoices, cheque requisitions, and bank statements in a ledger or computer system; compile budget data and documents based on estimated revenues and expenses and previous budgets; and prepare period or cost statements or reports.
In payroll, students will learn to maintain records of employee attendance, leave and overtime to calculate pay and benefit entitlements, using manual and computerized systems; prepare and verify statements of earnings for employees, indicating gross and net salaries and deductions such as taxes, union dues, garnishments and insurance and pension plans; prepare employee payments and benefit payments by cheque or electronic transfer; prepare T4 statements and other statements; and prepare and balance period-end reports and reconcile issued payrolls to bank statements.
The principles and practical skills learned in the Accounting and Payroll courses ensure our graduates will be effective and efficient in an entry-level accounting or payroll position.
This program provides our students the opportunity to begin preparation for the Payroll Compliance Practitioner (PCP) certification, issued by the Canadian Payroll Association (CPA). The certification is nationally recognized as a Standard of Excellence for payroll training. CPA exams are not included as part of the program but students will be well prepared to consider this certification path after graduation.
The fun, online quiz takes 3-minutes to complete and you’ll get a personalized report. Identify your strengths and social style plus the training and positions you’re best suited for. Get your Accounting Career Training Readiness score now!
Graduates of this program will have the opportunity to enter the workplace with the skills to perform the variety of tasks to be carried out within accounting departments such as Accounts Receivable, Accounts Payable, Billing, Payroll and Collections. Employers are looking for competent accounting and payroll professionals who are trained to effectively collect, record, organize and prepare financial records. An accounting background is one of the first steps into Business Management. Accounting and Payroll graduates are employed throughout the private and public sectors. Possible job titles include:
Accounting Clerks (NOC 14200)
$/hr rate:
Median | High |
$23.78 | $35.00 |
Source: Accounting Clerk (NOC 14200) Ontario www.jobbank.gc.ca, April 2024
Payroll Clerk (NOC 13102)
$/hr rate:
Median | High |
$29.00 | $39.90 |
Source: Payroll Clerk (NOC 13102) Ontario www.jobbank.gc.ca, Apr 2024
Tuition: $9,100 Textbooks and other fees: $1,858 International Student Fee: $2,000