Payroll - Preparation, Analysis and Management Khawarizmi Training Solutions
Price: AED 2,500
Instructor led live virtual classroom online. Classes may be individual or in group.

    Course details

    Employee costs from payroll and other benefits are among the largest costs in any company other than the Cost of Goods Sold (COGS), rent and depreciation. 

    If you are in a goods producing organization and this cost is part of your COGS or part of your operating costs, it means the effect on you will be doubled. Having these costs processed and reported properly is key for analysis and decision making. 

    This course starts with introductions about the departments of HR and 'accounting and finance' then focuses on the payroll function. The course goes through the process of preparing and calculating payroll and includes the controls needed and the pre-checks necessary to make sure correct data is used. The course enforces the knowledge of controls and proper processes in the work flow to achieve better efficiency in the department. Employee benefits and their effect on the corporation are discussed and explains how to conduct analysis on payroll and benefits using Excel. 

    In addition, the course highlights the topics of accounting, internal and external audit relations with HR and payroll, and what data could be required by them. The course then stresses the need for confidentiality in the payroll department and the importance of sharing data with others on a need to know basis or as per corporate policies. The course ends with how to prepare budgets for the department and for payroll and benefit costs of the corporation.

    Updated on 11 December, 2023

    Job roles this course is suitable for:

    Payroll staff , payroll accountants , account assistants

    About Khawarizmi Training Solutions

    Established in 1985, the Continuing Education Center (CEC) at Al Khawarizmi International College (KIC), now known as Khawarizmi Training Solutions (KTS) is a leading provider of training and professional development programs for individuals and corporate groups in the U.A.E. Continuing Education Center (CEC) at KIC offers a wide range of courses in the fields of IT, Business, and English. It is licensed by the Abu Dhabi Centre for Technical and Vocational Education and Training (ACTVET). Through challenging training courses, KTS Center contributes to the advancement and transformation of the UAE into a more skilled, diverse, and knowledge-based community.  In turn, this raises the standards and the quality of life of our students and improves our community.  Both individuals and industry professionals benefit from the high standards and good reputation of the KTS.

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