Cambridge
Academy
In London

Course Duration: Five Training Days

Course Language : Arabic or English

Include:

- Scientific material with TAB

- Workshops

- Reception and farewell at the airport

- Daily lunch

- Coffee Break

To register, please contact us by email: info@caclo.co.uk

Program Themes:

- Introduction to the accounting of salaries, wages, and financial benefits for employees

- General review of the most important financial accounting concepts related to salaries and wages

- Salary and wage basic financial components

- Salary and wage accounting fundamentals

- Work component: its importance and relationship to the cost structure of activities

- Calculation of the gross wage rate and the principles of its calculation

- Deductions and deductions, and the calculation of the net wage due to the worker

- Accounting treatment of deductions and other deductions

- The entries in the accounting records for the disbursement of salaries and wages

- Payments for monthly or annual instalments and the necessary restrictions for them

- laws and regulations governing salaries, wages, and benefits for employees.

- Modern trends and methods used in the preparation of salaries and wages and their accessories

- Preparation of payroll and wages statement

- Functionally analyzing wages and charging activities to the cost of the work component

- Accounting and cost control over the wage component

- Incentive systems, principles, and criteria for linking pay to production.

- General practical laboratory on the financial and accounting problems of the element of salaries and wages.

- Human capital accounting and how to calculate, process, and evaluate it.

- Exercises and practical situations

Target audience:

- Heads of departments of human resources management, personnel affairs, and employees in salaries and wages

- Heads of departments of financial management, accountants in salaries and employees of financial departments

- Those interested in financial and accounting work related to salaries, wages, and benefits provided to employees

Program Contents:

Module One: General Framework for Wage and Incentive Systems

- Characteristics of the proper system of wages and incentives

- The different divisions of wages and incentives

- Factors influencing the determination of wages and incentives in organizations.

- Stages of designing Ahwar and incentive systems

- Basics for determining job grades

- Theories and models of measuring wages and incentives.

Module Two: Principles for Determining the Net Wage Due to Employees

- Bases for calculating total wages due

- The concept of comprehensive remuneration and the principles of its calculation

- Types of deductions to be deducted

- How to determine the net wage due to the employee.

- Payroll preparation on a computer

- Payment systems

Module Three: Accounting System for Wages and Incentives

- Preparation of a wage budget

- Documentary and accounting cycles for wages

- Accounting treatment of salaries and their accessories

- job analysis of wages and uploading them to the regions, departments, and departments

- Various practical applications and cases

- Payroll cost processing

- Accounting and cost control over the wage element.

Module Four: Accounting Problems Related to Wages and Salaries

- Liquidity assessment

- Methods of preparation and components of the cash budget

- Liquidity management in the light of the cash budget and cases of technical and real financial hardship

- Short-term operational risk assessment reports using cash balance sheets

Module Five: Skills of Salary and Wage Auditing

- Payroll Auditor Procedures

- Photos and methods of mistakes and fraud in the preparation of salaries and how to detect them.

- Evaluation of the internal control system for salaries and wages.

- Analytical review procedures for salaries and wages

- evidence to verify the integrity of salary and wage accounts,

- Advanced internal salary audit methods in accordance with international standards

Module Six: Accounting Workshop on Salaries, Wages, and Benefits and Auditing Them Using the Computer

- Computer skills

- Preparation of payroll and wages

- Comprehensive wage rate: calculation principles and applications in cost accounting

- Audit of wages and salaries

- Electronic operating procedures for wages and the preparation of statements of entitlements