Managing the Payroll Function Series


This four part recorded webinar series is suitable for accounting professionals or for those who want to sharpen their payroll knowledge and skills. The webinars work through the most misunderstood areas of payroll and will bring you up to date with the latest state and federal legislation.

On successful completion of this activity, participants should be able to understand the most common mistakes made by employers in payroll and know how to avoid them happening in their organisation.



Learning Outcomes

Part 1 - Common Calculation Errors and Consequences

Upon satisfactory completion of this webinar you will be able to:

  • Have an understanding of the National Employment Standards, conditions of employment and modern awards
  • Distinguish between employment categories and employees vs contractors
  • Distinguish between how penalty rates and loadings are calculated
  • Understand how different payments are treated on Income Statements, and varying rates of PAYGW
  • Knowledge of superannuation including SGC, OTE, and maximum contribution base
  • Taxing irregular payments.

Part 2 - Payroll Process

Upon satisfactory completion of this webinar you will be able to:

  • Have an understanding of the payroll process and payroll components including allowances, deductions and penalty rates and loadings
  • Know the legal requirements of payslips and record keeping obligations
  • Understand Employer Obligations under the Superannuation Guarantee Administration Act and the penalties for non-compliance
  • Allowances vs reimbursements.

Part 3 - Terminations

Upon satisfactory completion of this webinar you will be able to:

  • Understand basic terminations
  • Know each of the elements which make up a termination pay
  • Understand how to tax redundancies and what to report in Lump Sum A, B and D through STP
  • Know what an ETP is and how to determine its elements

Part 4 - Leave

Upon satisfactory completion of this webinar you will be able to:

  • Understand the entitlement to long service leave in each jurisdiction and how it is paid
  • Parental leave
  • Long service leave
  • Annual leave
  • Be able to determine the rate of payment for employees taking long service leave and pro rata long service leave.

Benefits

Payroll is often an organisations largest expense and there are significant monetary and reputational risks if botched. By fully understanding the payroll function, it allows organisations to mitigate risk and optimise their payroll.


This is a recorded webinar series available for you to view at a time and date that suit you.

Tracy Angwin - CEO, Australian Payroll Association

Jasmine Fernance - Senior Payroll Consultant, Australian Payroll Association


EVENT DETAILS


Topic: Tax

Sub-Topic: Business Reporting, Business Tax, Finance Management, Financial Modelling, Financial Reporting, Future of Business

Format: Recorded Webinar

Proficiency Level: Foundation, Intermediate, Advanced

CPD: Upto 4 hours