The minimum passing grade for this course is

from Peerless Training Institute - 2022/23 Business Administration Viewbook

STUDENT COMPUTER EQUIPMENT

To meet the minimum technology requirements, all PTI students must possess a computing device, either a desktop or laptop. This will enable you to engage in our digital learning environment and participate in online assessments. In addition to the minimum technology requirements, your computing device must also support both audio and video streaming technologies and, as a result, must include hardware (either internal or external) such as a microphone and webcam. A broadband (highspeed) internet connection is also required. Your computing device must meet the following minimum technology requirements:

Windows:

• Windows 10 • Processor: Intel i Series 4th Gen or Better or AMD Ryzen Series • Memory: 4 GB RAM minimum, 8 GB RAM recommended • Solid State Drive recommended or Hard Drive (minimum free space 15 GB) • Display resolution: 1366 x 768 minimum, 1920 x 1080 recommended • Wi-Fi connection: Wireless N, AC or better • Antivirus Protection: Windows Defender and Windows Firewall are recommended to protect your device and are pre-installed on your Windows computer

Apple:

• Mac Hardware Requirements: MacBook (Late 2009 or newer) MacBook Pro (Mid 2010 or newer) MacBook Air (Late 2010 or newer) • MacOS High Sierra (10.13) or later • Memory: 4 GB RAM minimum, 8 GB recommended • Solid State Drive recommended or Hard Drive (minimum free space 15 GB) • Antivirus Protection: No additional software is needed.

EQUITY AND INCLUSION

PTI is committed to advancing equity and actively and intentionally creating learning environments that promote a sense of belonging and dignity that ensure all people are safe, respected and valued. PTI provides the resources and support necessary for programs, departments and individuals to champion equity, diversity and inclusion and address barriers in meaningful ways.

TERRITORIAL ACKNOWLEDGEMENT

At PTI, we honour and acknowledge the traditional territories of the people of the Treaty 7 region in Southern Alberta, which includes the Blackfoot Confederacy (comprising the Siksika, Piikani, and Kainai First Nations), as well as the Tsuut’ina First Nation, and the Stoney Nakoda (including the Chiniki, Bearspaw, and Wesley First Nations). The City of Calgary is also home to the Métis Nation of Alberta, Region 3. We seek to learn from history and the lessons that have come before us and to draw on the wisdom of the First Peoples in Canada to move forward in truth and reconciliation and to a better future together.

PEERLESS TRAINING INSTITUTE COURSE OUTLINE

Taxation

COURSE DESCRIPTION

Understanding Canadian income tax legislation is essential for accountants as it will impact taxpayers' finances. In this course, a brief introduction to Canadian Income Tax is followed by a study of the tax law related to employment income, property income, business income, other income, capital gains, other deductions, capital cost allowance, and personal tax credits. Calculation of federal taxes payable for an individual will be covered.

Course Hours: 80

LEARNING OUTCOME

OUTCOME Upon successful completion of this course, you will be able to:

1 Examine the basis of Canadian income tax and tax liability for an individual taxpayer. The following concepts, skills, and issues are used to support this Outcome: • Evaluate factors used to determine residency of individuals. • Apply residency rules to case situations. • Identify sources of income. • Conclude on whether a taxpayer must pay instalments. • Advise a taxpayer on filing deadlines of their T1 return.

2 Apply the basic income tax rules and principles to calculate employment income for an individual. The following concepts, skills, and issues are used to support this Outcome: • Identify and calculate taxable receipts and benefits from employment. Identify and calculate a taxpayer’s deductions from employment.

6 Apply the basic income tax rules and principles for individuals to calculate property income, business income, and capital cost allowance. The following concepts, skills, and issues are used to support this Outcome: • Examine taxable amounts of investment income. • Calculate net rental income. • Calculate net business income. • Calculate capital cost allowance.

Apply the basic income tax rules and principles for individuals to calculate capital gains and losses, other income, and other deductions.

The following concepts, skills, and issues are used to support this Outcome: • Differentiate between capital transactions and business transactions. • Apply special rules related to personal use properties, listed personal use properties, and principal residences. • Calculate and apply rules related to the capital gains reserve. • Calculate proceeds of disposition, adjusted cost base, and costs of dispositions for capital transactions. • Identify and calculate other income to be included in computing income. • Identify and calculate other deductions allowed in computing income. Compute taxable income and net federal taxes payable for an individual. The following concepts, skills, and issues are used to support this Outcome: • Identify and calculate taxable income • Identify personal tax credits available to taxpayers. Calculate net federal taxes payable.

Prepare a T1 income tax and benefit return. The following concepts, skills, and issues are used to support this Outcome: • Calculate net income under section 3, taxable income, and federal tax payable for an individual using tax preparation software.

COURSE ASSESSMENT

OUTCOME ACTIVITY DESCRIPTION

1, 2, 3, 4 and 5 Assignment(s) and/or project(s)

1, 2 and 3 Term exam

1, 2, 3, 4 and 5 Final exam

TOTAL

Case(s) MARK DISTRIBUTION

30%

10%

100%

COURSE COMPLETION REQUIREMENTS

The minimum passing grade for this course is 70%.

STUDENT COMPUTER EQUIPMENT

To meet the minimum technology requirements, all PTI students must possess a computing device, either a desktop or laptop. This will enable you to engage in our digital learning environment and participate in online assessments. In addition to the minimum technology requirements, your computing device must also support both audio and video streaming technologies and, as a result, must include hardware (either internal or external) such as a microphone and webcam. A broadband (high-speed) internet connection is also required. Your computing device must meet the following minimum technology requirements:

Windows:

Apple:

EQUITY AND INCLUSION

TERRITORIAL ACKNOWLEDGEMENT

PEERLESS TRAINING INSTITUTE COURSE OUTLINE

Student Success Strategies

COURSE DESCRIPTION

This subject is designed to provide new students with an opportunity to develop survival skills for college and business. Students will be introduced to the resources available to support learning in various subjects. Students will have an opportunity to develop transferable skills such as effective time management; research techniques; listening and memory techniques; note-taking skills; reading and annotating tips; and study techniques.

Course Hours: 80

LEARNING OUTCOME

OUTCOME Upon successful completion of this course, you will be able to: 1

• Work in a manner consistent with PTI’s professional standards, policies, protocol and due processes, which have been developed to assist students in achieving success in their chosen program.

• Demonstrate a knowledge of the resources (i.e. library, learning center, peer tutoring, counselling, etc.) available to support and encourage students in various subject disciplines.

• Describe different learning styles in relation to one's learning style in an effort to develop study strategies that are meaningful and useful.

• Demonstrate, individually and in groups, the ability to locate, research and produce information for a given task.

• Demonstrate the techniques involved with developing good listening and memory skills.

• Demonstrate note-taking skills and reading and annotating tips by providing samples of notes taken in current classes.

• Competency in the ability to work within the D2L environment.

COURSE ASSESSMENT

OUTCOME

1 ACTIVITY DESCRIPTION

Assignments MARK DISTRIBUTION

Pass/Fail

COURSE COMPLETION REQUIREMENTS

The minimum grade for this course is a pass.

STUDENT COMPUTER EQUIPMENT

To meet the minimum technology requirements, all PTI students must possess a computing device, either a desktop or laptop. This will enable you to engage in our digital learning environment and participate in online assessments. In addition to the minimum technology requirements, your computing device must also support both audio and video streaming technologies and, as a result, must include hardware (either internal or external) such as a microphone and webcam. A broadband (high-speed) internet connection is also required. Your computing device must meet the following minimum technology requirements:

Windows:

Apple:

EQUITY AND INCLUSION

TERRITORIAL ACKNOWLEDGEMENT

For further information, please contact us at:

Office of the Registrar

Peerless Training Institute

registrar@peerlesstraininginstitute.ca

(403) 230-2665 260 - 2635 37th Ave. NE Calgary, AB T1Y 5Z6

STUDENT COMPUTER EQUIPMENT

Windows:

Apple:

EQUITY AND INCLUSION

TERRITORIAL ACKNOWLEDGEMENT

PEERLESS TRAINING INSTITUTE COURSE OUTLINE

Taxation

Course Hours: 80

LEARNING OUTCOME

TOTAL

COURSE COMPLETION REQUIREMENTS

STUDENT COMPUTER EQUIPMENT

Windows:

Apple:

EQUITY AND INCLUSION

TERRITORIAL ACKNOWLEDGEMENT

PEERLESS TRAINING INSTITUTE COURSE OUTLINE

Student Success Strategies

Course Hours: 80

LEARNING OUTCOME

COURSE COMPLETION REQUIREMENTS

STUDENT COMPUTER EQUIPMENT

Windows:

Apple:

EQUITY AND INCLUSION

TERRITORIAL ACKNOWLEDGEMENT

For further information, please contact us at:

Office of the Registrar

peerlesstraininginstitute.ca

This article is from:

Peerless Training Institute - 2022/23 Business Administration Viewbook