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Payroll Essentials FMGT 4915

Financial Management Part-time Studies Course

Course details

Students who complete the course will know the payroll compliance responsibilities that affect organizations, apply payroll legislation and calculate individual pay. This includes all components of individual pay from remuneration, through deductions, to net pay for both regular and non-regular situations. Students will have the content and skills to effectively communicate all aspects of the individual pay calculation process to external and internal stakeholders. Graduates of this course will be able to calculate and report the government and third party remittances, year-end requirements and accounting for payroll at the compliance level for the organization. They will also be able to effectively communicate these organizational processes and requirements to internal and external stakeholders.

Prerequisite(s)

  • No prerequisites are required for this course.

Credits

2.5

Cost

$507.08 - $518.47 See individual course offerings below for actual costs.

Course offerings

Spring/Summer 2022

Below is one offering of FMGT 4915 for the Spring/Summer 2022 term.

CRN 64212

Duration

Thu Jul 07 - Tue Aug 16 (7 weeks)

  • 7 weeks
  • CRN 64212
  • $507.08
Class meeting times
Dates Days Times Locations
Jul 07 - Aug 16 Tue, Thu 18:00 - 21:00 Online
Aug 02 Tue 18:00 - 21:00 Burnaby SE06 Rm. 206
Aug 16 Tue 18:00 - 21:00 Burnaby SE06 Rm. 206
Instructor

Basil Jessome

Course outline

View

Credits

2.5

Cost

$507.08

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. The following dates WILL BE HELD IN-CLASS at the Burnaby Campus: Quiz: August 2nd Final: August 16th This is not a self-paced course. You will be expected to be available and online on the posted days and times shown on your registration schedule. It is important you have a stable and consistent internet connection to access course content. Course content, type and quality of assignments, and general standards for this online course are the same as classroom courses. To be successful in this online course, plan to spend 7-10 hours per week on your studies, or more of it’s a condensed course, starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date.
Status

In Progress

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

Fall 2022

Below are two offerings of FMGT 4915 for the Fall 2022 term.

CRN 45034

Duration

Sat Sep 10 - Sat Nov 26 (12 weeks)

  • 12 weeks
  • CRN 45034
  • $518.47
Class meeting times
Dates Days Times Locations
Sep 10 - Nov 26 Sat 09:00 - 12:00 Burnaby SE06 Rm. 103
Instructor

Tanya Robertson

Course outline

View

Credits

2.5

Cost

$518.47

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. 1. This is a Bring Your Own Device (BYOD) course. Students are required to use their own laptop during class time and bring their laptop with them for use in the in-person classes. Computing requirements for the School of Business and Media can be found here: www.bcit.ca/files/business/pdf/bcit-sobm-byod.pdf. Information about student discounts on technology products can be found here: www.bcit.ca/it-services/student-discounts/. 2. A desktop computer is not suitable for this course.
Status

CRN 46324

Duration

Mon Sep 19 - Mon Dec 12 (12 weeks)

  • 12 weeks
  • CRN 46324
  • $518.47
Class meeting times
Dates Days Times Locations
Sep 19 - Dec 12 Mon 18:00 - 21:00 Burnaby SE06 Rm. 107
Instructor

Basil Jessome

Course outline

View

Credits

2.5

Cost

$518.47

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  2. Class WILL NOT be held on Monday, October 10th (Thanksgiving)
Status

Seats Available

2 seats remaining as of Wed August 10, 2022 at 10:59 pm (PDT). Availability may change at any time.

Learning Outcomes

Upon completion of this course students should be able to:

  • Describe payroll’s objectives and stakeholders.
  • Identify an employee/employer relationship.
  • Apply federal and provincial legislation to payroll including:
    • Canada Pension Plan
    • Employment Insurance
    • Income Tax
    • Employment Standards Legislation
    • Workers’ Compensation Acts
    • Québec-specific legislation
  • Communicate the payroll compliance requirements to various stakeholders.
  • Calculate regular individual net pay including allowances, expenses, and benefits.
  • Calculate non-regular individual net pay including bonus and vacation payments.
  • Calculate termination payments and commission payments.
  • Complete a Record of Employment.
  • Communicate all aspects of individual pay requirements to various stakeholders.
  • Calculate organizational remittances to federal, provincial and third party stakeholders.
  • Complete federal year-end documentation.
  • Communicate all aspects of organizational remittance, accounting and year-end requirements to various stakeholders.

Effective as of Winter 2011

Related Programs

Payroll Essentials (FMGT 4915) is offered as a part of the following programs:

School of Business + Media

  1. Accounting
    Diploma Full-time
  2. Accounting
    Diploma Part-time
  3. Financial Management (Professional Accounting Option)
    Certificate Part-time
  4. Payroll and Human Resources
    Associate Certificate Part-time

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