Diploma in Indian Payroll & Statutory Compliances Management
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1 PREMIER ACADEMY OF HR PROFESSIONLS EIGHTH INNOVATIVE CONSULTANTS PRIVATE LIMITED Launching Diploma in Indian Payroll & Statutory Compliances Management (DIPSCM) 6 Months Enrollment starts for June 2014 Batch
2 Diploma in Indian Payroll & Statutory Compliances Management (DIPSCM) 6 Months Offered by PREHR (EIGHTH INNOVATIVE CONSULTANTS PVT.LTD) About us PREHR is the most successful Payroll Administration & Statutory Compliances Learning Institutes in India. We have trained numerous Payroll Administrators to be professional in their roles in business. In completing these prestigious full qualifications, graduates achieve the following: Enhanced status in the industry Better accuracy in their jobs Professional recognition We strive for accuracy in: Payment of the workforce Keeping records as required by Indian Statutory law. All of this knowledge ensures for management and company officials, that the risk of penalties and worker unrest is reduced to a minimum. Education in the field of Payroll Administration is essential and we at Payroll Education have the tools to provide this. Company Values Have and maintain extremely high standard in all spheres of Education and Student Achievement. Our Vision To improve standing expertise in Payroll Administration in India and achieve a reasonable profit and return of staff and investors.
3 Our Mission PREHR has a mission to provide training and development interventions that ensures: A learner centered focus Practical transfer of skills to the workplace Programs that are aligned to Industry Standards standards and qualifications Provision for learning in a variety of learning contexts Responsiveness to changing requirements Alignment to client organizations business goals and objectives The design of objective and relevant assessment tools and methodologies that enable learners to gain credits towards qualifications We look forward to our intake of students and we are delighted to see the number of students undertaking the Further Education and Learning Certificate in Payroll Administration Services The number of students enrolling this year reflects the prestige of this qualification as the growing recognition of the professionalism of the payroll industry. The details hereunder will hopefully persuade you to set off on a journey towards a very worthwhile and rewarding FULL qualification. We wish you all every success for the coming year. Course Objectives PREHR (EIC) includes the following amongst its objectives: To promote a high professional standard amongst those involved in payroll To provide a nationally recognized body to represent members views and influence legislation To identify the training needs of those involved in payroll To provide a professional qualification covering the full range of payroll and associated subjects Diploma in Payroll & Statutory Compliances Management (DIPSCM) is a full qualification to enable students to demonstrate their learning and expertise, whilst allowing employers to make certain their payroll administration is in professional hands. The course has been written by practicing Payroll Managers. So it is fully proven and subject to thorough moderation and assessment. Successful completion of the Diploma in Payroll & Statutory Compliances Management is determined by completing all assignments, written knowledge questionnaire and a Payroll Assignments.
4 QUALIFICATION Meeting all the requirements, written knowledge questionnaires and the examination will indicate your ability to work accurately in a pressured environment. On completion of the course you will receive the Diploma in Payroll & Statutory Compliances Management (DIPSCM) issued by the PREHR (EIC) WHO IS INVOLOVED Calculation of employees net pay; weekly and monthly A number of written knowledge and skills questionnaires Some of these are straight forward gross to net calculation The other questions are designed to test knowledge and skills of statutory regulations and carry a higher degree of difficulty Case studies are considered to check the understanding of current legislation and calculation processes Year-end knowledge is also tested at the level associated with payroll administration. COURSE AIM The aims of the Diploma in Payroll & Statutory Compliances Management: To improve payroll performance by combining theory, best practice and common sense to ensure people are paid accurately and punctually To ensure a high level of practical competence in payroll administration How Will You Benefit By Enrolling? The Six Months Diploma in Payroll & Statutory Compliances Management Administration is recognized by employers and colleagues as being proof of an individual s payroll /Compliances professionalism. By gaining the Diploma in Payroll & Statutory Compliances Management you will benefit by: Enhancing your career development prospects Enhancing your Payroll / Statutory skills and learning methods of best practice within the payroll profession Increasing your confidence and raising your level of expertise with the help of experienced experts in the payroll field Your employers will also benefit by having you enroll on the (DIPSCM). They will benefit through: Gaining an improved service within their organization
5 The development of their staff with assured information that is both current and valid. Reduce the potential for incurring penalties from other Government and Local Government departments By being part of the driving force for a truly professional payroll-working environment Who Is The Certificate Designed For? (DIPSCM) is designed for: Those who have not received formal payroll / statutory Compliances training Those with payroll experience wishing to translate that experience to a qualification Those qualified in an allied discipline wishing to become proficient in payroll / Statutory administration How Is The Course Structured? We recognize the commitment expected of payroll professionals by the industry today. This high level of expectation is acknowledged in the format of this one year course. Contents: Learning The course is structured in consideration of people in full time employment, giving them enough time to complete the assignments after their workshop. The (DIPSCM) qualification is gained by passing an examination, completion of written knowledge questionnaires and assignments to test your ability to work accurately in a pressurized environment. Examination is taken at the end of the one year course and can be taken at a number of examination centre s located throughout South Africa. The course is divided into 4 units which are completed over a one year period. These sections consist of: The objectives of the Payroll Department The functions of the Payroll Department Deductions from pay Other Functions of the Pay Office
6 Course Manuals and Additional Material The course manuals consist of a set of specially written units. These units are divided up into booklets which cover each topic in depth. Where appropriate, each booklet has been further divided into separate study sessions. These study sessions will help you to manage your time effectively. They include exercises and activities designed to help you apply the study material to your own situation. In addition to the course manuals, written knowledge and skills questionnaires and assignments are also issued at intervals during your study. These allow your progress to be monitored within your company so that any issues you have can be addressed immediately. They also provide students with the opportunity to answer the type of questions that will be contained in the final examinations at the end of the course. As well as the support provided by PREHR, the written knowledge and skills questionnaires and assignments ensure that support and advice is available within your own company. Fees The complete cost of Six Months study includes: All Study material Additional reference material (Written knowledge and skills questionnaires and assignments) Assessment and Moderation 4 x 3 hour Workshops Post Training Support Certification Career Resume Formatting / Job Support Contact Us Our office hours are Monday to Friday, from 9 am to 7 PM, We Endeavour to respond to enquiries within 48 hours. Telephone: / DIPSCM@prehr.com PREHR (Eighth Innovative Consultants Pvt.Ltd) Matai Chamber, 9. First Floor, Opp.DTC, Erandwane PO Box , Pune
7 DIPSCM Session Content as Follows: The Payroll & Statutory Compliance Introduction Fundamentals of Payroll Processing ( Principals of Earnings & Deduction) Statutory Laws affecting to Payroll Process Salary to Employees, Third Parties and Payroll Financial Accounting Management Information System Payroll Calculation MIS /HRIS/HRMS- Payroll End to End Payroll Taxation 1) Responsibility to HR 2) Responsibility to Finance 3)Flow Chart of Payroll Processing 4)Monthly Payroll Cycle & Disbursement 5)Payroll Time Table & Payroll Data Collection 1) Introduction Payroll Process 2) New Joiner /Exit,Absent,Leaves 3) Pay Structure /Allowances / Increments/Benefits 4) Overtime/Variable Pay/Travels allowances/medical Claims 5) Reimbursement Bill & Payments 1) Provident Fund Act 2) Employee State Insurance 3) Profession Tax 4) Income Tax 5) LWF 6) Gratuity Act 7) Bonus Act. 8) Minimum Wages Act. 9) Payment of Wages Act. 1) Cost to company (CTC), Gross Salary, Gross Deduction, Net Salary, Statutory /Miscellaneous/Third Party Deduction. Incentives, Insurance etc. 2) Payroll Accounting, Disbursement, Reconciliation 3) Termination Employee Procedure 1) Input/ Output Payroll Data, Employee Master. 2) Computerization of Payroll Processing, Payroll on Advanced Excel, Automated Payroll Software, ERP. Time Office 3) Calculation of Salary on EXCEL & ERP 4) Reports & Records Pay slips, Salary Register, Employer Report, Employee Reports, Leave Report, Bank Report, Third Party Reports. 5) In-house Payroll System, Linked with Leave/Attendance Software, 5) Payroll Analysis Monthly /Annually. 1) Basics of Income Tax (TDS) 2) Taxable income / Non Taxable income from Income Source (Salary & other Income) 3) Tax Exemption Under Section 10, 80C, 80D, 80G, etc. 4) Form 16, Income /Claim Declaration by Employee
8 Statutory Compliances/ Government Litigation / Audit / Full & Final Settlement Extra Curricular for Payroll Professional 1) PF Online Submission Challan /Returns ECR 2) ESI Online Submission IP Registration, Challan, Returns, Claims etc,,,, 3) Form 16,efiling, PT Online 4) Register /Records, maintained Under Legal Act. 5) Payroll Audit/ Exit Settlement Payroll 1) Live Payroll Assignments 2) Setup Payroll Dept. 3) Multi Choice Exam & Written Exam 4)Communication/Interview Techniques 5) Post Diploma Support 6)Payroll & Statutory Compliance Case Studies 7) Final Payroll Assignment 8) Payroll Meetings /Clients Meeting 9) Payroll Project Management
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