Business

Accounting and Payroll Specialist

Get the skills and knowledge for this professional and always-in-demand career for only 37 weeks plus internship.

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About The Program

The Accounting & Payroll Specialist diploma program focuses on financial accounting, payroll, the implementation and operation of computerized accounting systems, and business application software.

Graduates of this program will secure an associate membership in the National Payroll Institute and the eligibility to pursue the Payroll Compliance Practitioner certification from the Institute.

Career Opportunities

As an Accounting & Payroll Specialist graduate, you will qualify for positions such as: Payroll Specialist, Accounts Payable Clerk, Accounts Receivable Clerk, and Accounting Assistant.

Employers Who Have Hired triOS Grads

BKC Accounting & Tax Preparation
First Ontario Credit Union
CIBC
Trillium Bookkeeping Services
Royal Bank of Canada
ACI Tax Services
London Tax & Accounting

Salary

86 %

Employment Rate*

$ 27

Average Wage/HR**

$ 38

High Wage/HR**

*Employment Rate based on 2019 contactable triOS graduates employed in a related field.

Source: workingincanada.gc.ca

NOC Code: 1432 - **Wage data rounded down to the nearest dollar. Local (or regional) income may vary. Last updated in Nov. 2021.

Program Details

If you’re looking to pursue an administrative role in a professional business environment, then start on the path to a career in accounting and payroll which places you in demand in both small and large companies.

As an Accounting & Payroll Specialist, you will be responsible for using administrative software to ensure that employees, in any given company, are working their designated hours, their cheques are being cut correctly, and that they’re being paid in a timely manner.

In this program you’ll learn to apply payroll legislation, calculate pay and use administrative software to ensure that employees are working their designated hours, and that cheques are being cut accurately. Accounting concepts and procedures, such as cash flow, assets and liabilities, financial management, banking procedures, analyzing business transactions, and how to properly set up and engage with different ledgers form part of this through program. You’ll also get hands-on training on how to set ip banking and tax service modules in Sage 300.

Students enrolled in the program receive:

8-week internship to gain hands-on experience.
Training on the latest software applications required by employers, including Sage 300.
Career service assistance.
Free software subscriptions for Microsoft Office and Windows.

Graduates will be able to pursue the National Payroll Institute’s Payroll Compliance Practitioner (PCP) designation. This will help graduates gain an in-depth understanding of the legislative requirements to keep their organization compliant throughout the annual payroll cycle. When designated, graduates can join a growing community of supportive professionals and gain access to the resources needed to stay current and compliant.

PCP designation requires three core payroll courses, an Introduction to Accounting course transfer credit, and one year of weighted payroll work experience:

Payroll Compliance Legislation
Payroll Fundamentals 1 – Prerequisite: Payroll Compliance Legislation
Payroll Fundamentals 2 – Prerequisites: Payroll Compliance Legislation and Payroll Fundamentals 1
Introduction to Accounting – must be completed at a post-secondary institution
PCP Work Experience Requirement Application (WERA) – a minimum of one year weighted payroll work experience

All PCP courses, including the Introduction to Accounting transfer credit course, require a passing grade of 65%.

For more information visit www.payroll.ca.

Course Listings

Introduction to Accounting (with QuickBooks)

This course introduces basic accounting concepts and procedures. This courses addresses double-entry accounting, analysis of source information, classes of transactions, and the accounting cycle. Using these critical concepts, accounting skills are applied and integrated to record transactions using proper procedures and forms in both a manual and computerized accounting system, QuickBooks.

Intermediate Accounting with Sage 50

This course continues the exploration of accounting procedures in payroll, petty cash, and bank reconciliations. Central to this course is the merchandising firm and its accounting cycle, appropriate valuation of inventory, and cost of goods sold calculations. This material will be applied in both a manual and computerized accounting system, Sage 50.

Advanced Accounting

In this course, more accounting concepts regarding assets and liabilities including accounting for bad debt, depreciation, long-term assets, and cash flow analysis are explored. Advanced topics such as recording the effects of partnership and corporate activity, and the analysis of financial statements for decision making are integrated into accounting practices.

Microsoft Outlook

This course is a combination of virtual training, assessments, and exams related to Microsoft Outlook. Skills covered include how to organize and manage communications, contacts, schedules, and tasks. Email and meetings are a major part of the professional world, learning how to compose, send, receive, store, and delete email messages, meetings, and appointments is crucial and covered in this module.

Microsoft PowerPoint

This course is a combination of virtual training, projects, and exams in Microsoft PowerPoint. Skills covered include the creation of attractive, professional-looking presentations, using and formatting animations, transitions, pictures, audio, video, charts, tables, and incorporating speaker notes and annotations into presentations.

Career Planning & Preparation - Level 1

Career Planning and Preparation Level 1 introduces tools for a successful job search. The course will help students maintain a career-focused approach throughout their academic program. Students will learn basic career preparation skills, such as how to research opportunities, network for industry contacts and use appropriate etiquette when communicating with prospective employers. Students will identify their personal skills, values and preferences for the workplace, begin preparation of a professional resume and cover letter, and organize proof documents for their career portfolio. Asynchronous class discussion on the discussion board on various career-planning topics will round out this module. This course is a pre-requisite for Career Planning and Preparation Level 2.

Career Planning & Preparation - Level 2

This course builds on the concepts and skills introduced in Career Planning and Preparation - Level 1. Topics covered include how to conduct an effective job search and identify various methods of applying for work. Important career tools are the focus with the creation of a personal list of "Top Employers" and current industry opportunities, as well as finalizing a professional resume, career portfolio, and career correspondence. Interview skills explored and practiced are the identification of different types and forms of interviews, responding to typical questions, evaluating job offers, and negotiating terms of employment. Self-management topics are reviewed with a focus on strategies for long-term professional success.

Digital Literacy for Professionals

This course introduces students to the fundamental concepts and principles of learning and working in a digital environment. This course will cover the following elements: using devices and handling information, creating and editing information, communicating and collaborating, and being safe and responsible online.

Microsoft Excel

This course is a combination of virtual training, projects, and exams in Microsoft Excel. Skills covered include working with workbooks and worksheets, inputting data into worksheets, formatting cells, using functions and formulas, and creating and editing charts.

Payroll Fundamentals 1

This course asses the methods for paying employees with regular and non-regular earnings. The calculation of allowances, benefits, and commissions, and determination of the impact of non-statutory deductions on employee pay are addressed. This course develops understanding of the role of the payroll department in hiring and terminating employees, including the completion of Service Canada's Record of Employment.

Payroll Fundamentals 2

This course focuses on the proper recording of payroll information and using payroll technology, Federal and Non-Statutory remittances and reconciliations, Quebec Tax processes, year-end procedures, and Provincial, Northwest Territories and Nunavut medical and tax premiums, remittances, reconciliations, and Workers Compensation round out the skills covered to complete the knowledge required for Payroll Certification by the National Payroll Institute.

Payroll Compliance Legislation

This course covers compliance responsibilities that affect organizations, comprehending relevant payroll related legislation, and effectively communicating this information to all stakeholders. Finding and applying the relevant information to a variety of scenarios for individual pay are integrated into the application of federal and provincial legislation to payroll including the Canada Pension Plan, Employment Insurance, Income Tax, Employment Standards Legislation, Workers’ Compensation Acts, and Quebec specific legislation.

Student Success Strategies

This course stresses the importance of developing non-technical skills to enhance personal, academic and career success. The course will address strategies that are important for all adult learners, such as managing finances, maintaining health and wellness, understanding learning styles, setting goals, and honing practical study skills, such as memory, reading, and test-taking techniques. In addition, this course is designed specifically for the online learner. Therefore, the course emphasizes strategies needed to succeed in an online program, such as navigating technology efficiently, interacting and engaging with peers and facilitators, and managing learning time and space.

Microsoft Word

This course is a combination of virtual training, projects, and exams in Microsoft Word. Skills covered include formatting text for layout and appearance, formatting document parts, using styles, working with header/footer content, inserting and formatting tables, graphics and pictures, and working with templates and themes.

Admission Requirements

High school graduation diploma, or Mature Student Status (for more information please refer to the Program Overview at the top of this page or speak to your Education Consultant)

Career Quiz

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