DesT!nY 2------> C.A

2009-11-02T12:44:00.002+05:30

2009-10-15T00:33:00.000+05:30

Paper 7: Direct Tax Laws
(One paper – Three hours – 100 marks)
Level of Knowledge: Advanced knowledge
Objectives:
(a) To gain advanced knowledge of the provisions of direct tax laws,
(b) To acquire the ability to apply the knowledge of the provisions of direct tax laws to
various situations in actual practice.
Contents:
I. The Income-tax Act, 1961 and Rules thereunder (90 marks)
II. The Wealth-tax Act, 1957 and Rules thereunder (10 marks)
While covering the direct tax laws, students should familiarise themselves with
considerations relevant to tax management. These may include tax considerations with
regard to specific management decisions, foreign collaboration agreements, international
taxation, amalgamations, tax incentives, personnel compensation plans, inter-relationship
of taxation and accounting, with special reference to relevant accounting standards and
other precautions to be observed to maximise tax relief. Further, they should have a basic
understanding about the ethical considerations in tax management and compliance with
taxation laws.
Note – If new legislations are enacted in place of the existing legislations relating to
income tax and wealth tax, the syllabus will accordingly include such new legislations in
the place of the existing legislations with effect from the date to be notified by the Institute.
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Paper 8: Indirect Tax Laws
(One paper – Three hours – 100 marks)
Level of Knowledge: Advanced knowledge
Objectives:
(a) To gain expert knowledge of the principles of the laws relating to central excise
customs and service tax,
(b) To acquire the ability to apply the knowledge of the provisions of the above-mentioned
laws to various situations in actual practice.
Contents:
Section A: Central Excise (40 marks)
Central Excise Act, 1944 and the related Rules, Circulars and Notifications; Central Excise
Tariff Act, 1985 and the related Rules.
Section B: Service tax & VAT (40 marks)
Law relating to service tax as contained in the Finance Act, 1994 as amended from time to
time and the related Rules, Circulars and Notifications.
Issues related to Value Added Tax:
1. Backdrop for State-Level VAT in India
2. Taxonomy of VAT
3. Input tax credit, tax invoices
4. Small dealers and composition scheme
5. VAT procedures
6. VAT in relation to incentive schemes, works contract, lease transactions and hire
purchase transactions.
7. VAT and Central Sales Tax
Section C: Customs (20 marks)
Customs Act, 1962 and the related Rules, Circulars and Notifications; Customs Tariff Act,
1975 and the related Rules.
While covering the above laws, students should familiarize themselves with the interrelationship
of accounting with excise, customs and service tax and also the ethical
considerations involved in the compliance of these laws.
Note – If new legislations are enacted in place of the existing legislations relating to
central excise, customs and service tax, the syllabus will accordingly include such new
legislations in place of the existing legislations with effect from the date to be notified by
the Institute. Students shall not be examined with reference to any particular State VAT
Law.

2009-10-15T00:31:00.000+05:30

Paper 5: Advanced Management Accounting
(One paper – Three hours – 100 marks)
Level of Knowledge: Advanced knowledge
Objective:
To apply various management accounting techniques to all types of organizations for
planning, decision making and control purposes in practical situations.
To develop ability to apply quantitative techniques to business problems
1. Cost Management
(a) Developments in the business environment; just in time; manufacturing resources
planning; (MRP); automated manufacturing; synchronous manufacturing and back flush
systems to reflect the importance of accurate bills of material and routings; world class
manufacturing; total quality management.
(b) Activity based approaches to management and cost analysis
(c) Analysis of common costs in manufacturing and service industry
(d) Techniques for profit improvement, cost reduction, and value analysis
(e) Throughput accounting
(f) Target costing; cost ascertainment and pricing of products and services
(g) Life cycle costing
(h Shut down and divestment.
2. Cost Volume Profit Analysis
(a) Relevant cost
(b) Product sales pricing and mix
(c) Limiting factors
(d) Multiple scarce resource problems
(e) Decisions about alternatives such as make or buy, selection of products, etc.
3. Pricing Decisions
(a) Pricing of a finished product
(b) Theory of price
(c) Pricing policy
(d) Principles of product pricing
(e) New product pricing
(f) Pricing strategies
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(g) Pricing of services
(h) Pareto analysis
4. Budgets and Budgetary Control
The budget manual, Preparation and monitoring procedures, Budget variances, Flexible
budgets, Preparation of functional budget for operating and non-operating functions, Cash
budgets, Capital expenditure budget, Master budget, Principal budget factors.
5. Standard Costing and Variance Analysis
Types of standards and sources of standard cost information; evolution of standards,
continuous -improvement; keeping standards meaningful and relevant; variance analysis;
disposal of variances.
(a) Investigation and interpretation of variances and their inter relationship
(b) Behavioural considerations.
6. Transfer pricing
(a) Objectives of transfer pricing
(b) Methods of transfer pricing
(c) Conflict between a division and a company
(d) Multi-national transfer pricing.
7. Cost Management in Service Sector
8. Uniform Costing and Inter firm comparison
9. Profitability analysis - Product wise / segment wise / customer wise
10. Financial Decision Modeling
(a) Linear Programming
(b) Network analysis - PERT/CPM, resource allocation and resource leveling
(c) Transportation problems
(d) Assignment problems
(e) Simulation
(f) Learning Curve Theory
(g) Time series forecasting
(h) Sampling and test of hypothesis
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Paper 6: Information Systems Control and Audit
(One Paper – Three hours – 100 marks)
Level of knowledge: Advanced knowledge
Objective:
To gain application ability of necessary controls, laws and standards in computerized
Information system.
systems –various types of information systems – TPC, MIS, DSS,
EIS, ES
2. Systems Development Life Cycle Methodology
Introduction to SDLC/Basics of SDLC
Requirements analysis and systems design techniques
Strategic considerations : Acquisition decisions and approaches
Software evaluation and selection/development
Alternate development methodologies- RAD, Prototype etc
Hardware evaluation and selection
Systems operations and organization of systems resources
Systems documentation and operation manuals
User procedures, training and end user computing
System testing, assessment, conversion and start-up
Hardware contracts and software licenses
System implementation
Post-implementation review
System maintenance
System safeguards
Brief note on IS Organisation Structure
3. Control objectives
(a) Information Systems Controls
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Need for control
Effect of computers on Internal Audit
Responsibility for control – Management, IT, personnel, auditors
Cost effectiveness of control procedure
Control Objectives for Information and related Technology (COBIT)
(b) Information Systems Control Techniques
Control Design: Preventive and detective controls, Computer-dependent control, Audit
trails, User Controls (Control balancing, Manual follow up)
Non-computer-dependent (user) controls: Error identification controls, Error investigation
controls, Error correction controls, Processing recovery controls
(c) Controls over system selection, acquisition/development
Standards and controls applicable to IS development projects
Developed / acquired systems
Vendor evaluation
Structured analysis and design
Role of IS Auditor in System acquisition/selection
(d) Controls over system implementation
Acceptance testing methodologies
System conversion methodologies
Post implement review
Monitoring, use and measurement
(e) Control over System and program changes
Change management controls
Authorization controls
Documentation controls
Testing and quality controls
Custody, copyright and warranties
Role of IS Auditor in Change Management
(f) Control over Data integrity, privacy and security
Classification of information
Logical access controls
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Physical access controls
Environmental controls
Security concepts and techniques – Cryptosystems, Data Encryption Standards (DES),
Public Key Cryptography & Firewalls
Data security and public networks
Monitoring and surveillance techniques
Data Privacy
Unauthorised intrusion, hacking, virus control
Role of IS Auditor in Access Control
4. Audit Tests of General and Automated Controls
(a) Introduction to basics of testing (reasons for testing);
(b) Various levels/types of testing such as: (i) Performance testing, (ii) Parallel testing,
(iii) Concurrent Audit modules/Embedded audit modules, etc.
5. Risk assessment methodologies and applications: (a) Meaning of Vulnerabilities,
Threats, Risks, Controls, (b) Fraud, error, vandalism, excessive costs, competitive
disadvantage, business, interruption, social costs, statutory sanctions, etc. (c) Risk
Assessment and Risk Management, (d) Preventive/detective/corrective strategies
6. Business Continuity Planning and Disaster recovery planning: (a) Fundamentals
of BCP/DRP, (b) Threat and risk management, (c) Software and data backup techniques,
(d) Alternative processing facility arrangements,(e) Disaster recovery procedural plan, (f)
Integration with departmental plans, testing and documentation, (g) Insurance
7. An over view of Enterprise Resource Planning (ERP)
8. Information Systems Auditing Standards, guidelines, best practices (BS7799, HIPPA,
CMM etc.)
9. Drafting of IS Security Policy, Audit Policy, IS Audit Reporting - a practical perspective
10. Information Technology Act, 2000

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Contents:
1. Information Systems Concepts
General Systems Concepts – Nature and types of systems, nature and types of
information, attributes of information.
Management Information System – Role of information within business
Business informationPaper 3: Advanced Auditing and Professional Ethics
(One Paper- Three hours - 100 marks)
Level of Knowledge: Advanced knowledge
Objectives:
(a) To gain expert knowledge of current auditing practices and procedures and apply them
in auditing engagements,
(b) To develop ability to solve cases relating to audit engagements.
Contents:
1. Auditing Standards, Statements and Guidance Notes
Auditing and Assurance Standards (AASs); Statements and Guidance Notes on Auditing
issued by the ICAI; Significant differences between Auditing and Assurance Standards and
International Standards on Auditing.
2. Audit strategy, planning and programming
Planning the flow of audit work; audit strategy, planning programme and importance of
supervision: review of audit notes and working papers; drafting of reports; principal’s
ultimate responsibility; extent of delegation; control over quality of audit work; reliance on
the work of other auditor, internal auditor or an expert.
3. Risk Assessment and Internal Control
Evaluation of internal control procedures; techniques including questionnaire, flowchart;
internal audit and external audit, coordination between the two.
4. Audit under computerized information system (CIS) environment
Special aspects of CIS Audit Environment, need for review of internal control especially
procedure controls and facility controls. Approach to audit in CIS Environment, use of
computers for internal and management audit purposes: audit tools, test packs,
computerized audit programmes; Special Aspects in Audit of E-Commerce Transaction.
5. Special audit techniques
(a) Selective verification; statistical sampling: Special audit procedures; physical
verification of assets, direct confirmation of debtors and creditors
(b) Analytical review procedures
(c) Risk-based auditing.
6. Audit of limited companies
Statutory requirements under the Companies Act 1956; Audit of branches: joint audits;
Dividends and divisible profits % financial, legal, and policy considerations.
7. Rights, duties, and liabilities of auditors; third party liability.
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8. Audit reports; qualifications, notes on accounts, distinction between notes and
qualifications,
detailed observations by the statutory auditor to the management vis-a-vis obligations of
reporting to the members.
9. Audit Committee and Corporate Governance
10. Audit of Consolidated Financial Statements, Audit Reports and Certificates for Special
Purpose engagements; Certificates under the Payment of Bonus Act, import/export control
authorities, etc.; Specific services to non-audit clients; Certificate on Corporate
Governance.
11. Special features of audit of banks, insurance companies, co-operative societies and
non-banking financial companies.
12. Audit under Fiscal Laws, viz, Direct and Indirect Tax Laws.
13. Cost audit
14. Special audit assignments like audit of bank borrowers, audit of stock and commodity
exchange intermediaries and depositories; inspection of special entities like banks,
financial institutions, mutual funds, stock brokers.
15. Special features in audit of public sector companies. Directions of Comptroller and
Auditor General of India under Section 619; Concepts of propriety and efficiency audit.
16. Internal audit, management and operational audit Nature and purpose,
organisation, audit programme, behavioural problems; Internal Audit Standards issued by
the ICAI; Specific areas of management and operational audit involving review of internal
control, purchasing operations, manufacturing operations, selling and distribution,
personnel policies, systems and procedures. Aspects relating to concurrent audit.
17. Investigation and Due Diligence.
18. Concept of peer review
19. Salient features of Sarbanes – Oxley Act, 2002 with special reference to reporting on
internal control.
20. Professional Ethics
Code of Ethics with special reference to the relevant provisions of The Chartered
Accountants Act, 1949 and the Regulations thereunder.
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Paper 4: Corporate and Allied Laws
(One paper – Three hours – 100 marks)
Section A: Company Law (70 Marks)
Level of Knowledge: Advanced knowledge
Objective:
To be able to analyze and apply various provisions of the Companies Act in practical
situations
Contents:
1. The Companies Act, 1956, Rules and Regulations thereunder in its entirety with
specific reference to
(a) Accounts and audit
(b) Dividend
(c) Directors - powers, managerial remuneration
(d) Meetings, powers of the Board and related party transactions
(e) Inspection and Investigation
(f) Compromises, Arrangements and Reconstructions
(g) Prevention of Oppression and Mismanagement
(h) Revival and Rehabilitation of Sick Industrial Companies
(i) Corporate Winding up and Dissolution
(j) Producer Companies
(k) Companies incorporated outside India
(l) Offences and Penalties
(m) E-governance
2. Corporate Secretarial Practice – Drafting of Resolution, Minutes, Notices and Reports
Section B: Allied Laws (30 Marks)
Objective:
To develop ability to analyse the requirements of laws stated in the Section.
Contents:
3. An overview of the following laws –
(a) The Securities and Exchange Board of India Act,1992, Rules, Regulations and
Guidelines issued thereunder.
(b) The Securities Contracts (Regulation) Act, 1956
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(c) The Foreign Exchange Management Act, 1999
(d) The Competition Act, 2002
(e) The Banking Regulation Act, 1949, The Insurance Act, 1938. The Insurance
Regulatory and Development Authority Act, 1999. The Securitisation and Reconstruction of
Financial Assets and Enforcement of Security Interest Act, 2002
(f) The Prevention of Money Laundering Act, 2002
4. Interpretation of Statutes, Deeds and Documents.

SUBJECTS IN C.A FINAL

2009-10-15T00:25:00.000+05:30

Paper 1: Financial Reporting
(One paper – Three hours – 100 marks)
Level of Knowledge: Advanced knowledge
Objectives:
(a) To gain ability to analyze financial statements including consolidated financial
statements of group companies and financial reports of various types of entities,
(b) To gain ability to apply valuation principles,
(c) To familiarise with recent developments in the area of financial reporting,
(d) To gain ability to solve financial reporting and valuation cases.
Contents:
1. Accounting Standards, Accounting Standards Interpretations and Guidance Notes on
various accounting aspects issued by the ICAI and their applications.
2. Overview of International Accounting Standards (IAS)/International Financial
Reporting Standards (IFRS), Interpretations by International Financial Reporting
Interpretation Committee (IFRIC), Significant difference vis-a-vis Indian Accounting
Standards.
Understanding of US GAAP,
Applications of IFRS and US GAAP.
3. Corporate Financial Reporting - Issues and problems with special reference to
published financial statements.
4. Accounting for Corporate Restructuring (including inter-company holdings).
5. Consolidated Financial Statements of Group Companies Concept of a Group, purposes
of consolidated financial statements minority interest, Goodwill, Consolidation procedures
– Minority interests, Goodwill, Treatment of pre- acquisition and post-acquisition profit.
Consolidation with two or more subsidiaries, consolidation with foreign subsidiaries.
Consolidated profit and loss account, balance sheet and cash flow statement.
Treatment of investment in associates in consolidated financial statements.
Treatment of investments in joint ventures in consolidated financial statements.
6. Accounting and Reporting of Financial Instruments
Meaning, recognition, derecognition and offset, compound financial instruments
Measurement of financial instruments
Hedge accounting
Disclosures
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7. Share based payments
Meaning, Equity settled transactions, Transaction with employees and non- employees
Determination of fair value of equity instruments
Vesting conditions
Modification, cancellation and settlement
Disclosures
8. Financial Reporting by Mutual funds, Non-banking finance companies, Merchant
bankers, Stock and commodity market intermediaries.
9. Valuation
(a) Concept of Valuation
(b) Valuation of Tangible Fixed Assets
(c) Valuation of Intangibles including Brand Valuation and Valuation of Goodwill
(d) Valuation of Liabilities
(e) Valuation of Shares
(f) Valuation of Business
10. Developments in Financial Reporting
(a) Value Added Statement
(b) Economic Value Added, Market Value Added, Shareholders’ Value Added
(c ) Human Resource Reporting
(d) Inflation Accounting
Note: If either old Accounting Standards (ASs), Accounting Standards Interpretations
(ASIs), Guidance Notes (GNs), Announcements and Limited Revisions to ASs are
withdrawn or new ASs, GNs, Announcements and Limited Revisions to AS are issued by
the Institute of Chartered Accountants of India in place of existing ASs, ASIs, GNs,
Announcements and Limited Revisions to AS, the syllabus will accordingly include/exclude
such new developments in the place of the existing ones with effect from the date to be
notified by the Institute.

Paper 2: Strategic Financial Management
(One paper – Three hours – 100 marks)
Level of Knowledge: Advanced knowledge
Objective:
To apply financial management theories and techniques for strategic decision making.
Contents:
1. Financial Policy and Corporate Strategy
Strategic decision making framework
Interface of Financial Policy and strategic management
Balancing financial goals vis-à-vis sustainable growth.
2. Project Planning and Capital Budgeting
Feasibility study
Cash flow Projections – Impact of taxation, depreciation, inflation and working capital
Capital Budgeting Decisions - Certainty Equivalent approach, Evaluation of Risky
Investment Proposals, Risk and Return analysis, Simulation and decision tree analysis,
Sensitivity analysis, Capital Rationing, Adjusted Net Present Value, Replacement
decisions, Application of Real Options in capital budgeting, Impact of inflation on capital
budgeting decisions
Preparation of Project Report
Social cost benefit analysis.
3. Leasing decision including cross border leasing
4. Dividend Decisions
Dividend theories, Determinants of dividend policies.
5. (a) Indian Capital Market including role of various primary and secondary market
institutions
(b) Capital Market Instruments
Financial derivatives – stock futures, stock options, index futures, index options
Option valuation techniques : Binomial model, Black Scholes Option Pricing Model, Greeks
– Delta, Gamma, Theta, Rho and Vega
Pricing of Futures – Cost of carry model
Imbedded derivatives
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(c) Commodity derivatives
(d) OTC derivatives -Swaps, Swaptions, Forward Rate Agreements (FRAs), Caps, Floors
and Collors.
6. Security Analysis
Fundamental analysis - Economic analysis, Industry analysis and Company Analysis
Bond valuation, Price Yield relationship, Bond Price forecasting – application of duration
and convexity, Yield curve strategies
Technical Analysis – market cycle model and basic trend identification, different types of
charting, support and resistance, price patterns, moving averages, Bollinger Bands,
momentum analysis.
7. Portfolio Theory and Asset Pricing
Efficient Market Theory – Random walk theory ; Markowitz model of risk return optimization
Capital Asset Pricing Model (CAPM)
Arbitrage Pricing Theory (APT)
Sharpe Index Model
Portfolio Management - Formulation, Monitoring and Evaluation
Equity Style Management
Principles and Management of Hedge Funds
International Portfolio Management.
8. Financial Services in India
Investment Banking
Retail Banking
On Line Share Trading
Depository Service.
9. (a) Mutual Funds: Regulatory framework, formulation, monitoring and evaluation of
various schemes of Mutual funds, Money market mutual funds.
(b) Exchange Traded Funds.
10. Money Market operations
11. (a) Foreign Direct Investment, Foreign Institutional Investment.
(b) International Financial Management
Raising of capital abroad - American Depository Receipts, Global Depository Receipts,
External Commercial Borrowings and Foreign Currency Convertible Bonds
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International Capital Budgeting
International Working Capital Management.
12. Foreign Exchange Exposure and Risk Management
Exchange rate determination, Exchange rate forecasting
Foreign currency market
Foreign exchange derivatives – Forward, futures, options and swaps
Management of transaction, translation and economic exposures
Hedging currency risk.
13. Mergers, Acquisitions and Restructuring
Meaning of mergers and acquisition, categories, purposes
Process of mergers and acquisition – Identification and valuation of the target, acquisition
through negotiation, due diligence, post – merger integration
Legal and regulatory requirements
Merger and Acquisition agreement
Reverse merger
Potential adverse competitive effects of mergers
Corporate Takeovers: Motivations, Co-insurance effect, Cross-border takeovers, Forms of
takeovers, Takeover defenses
Going Private and Other Control Transactions: Leveraged Buyouts (LBOs), Management
Buyouts (MBOs), Spin Offs and Asset Divestitures
Corporate Restructuring : Refinancing and rescue financing, reorganizations of debtors and
creditors, Sale of assets, targeted stock offerings, downsizing and layoff programmes,
negotiated wage give-backs, employee buyouts.

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    Board of Studies
     The Institute of Chartered Accountants of India
             Curriculum for Final (New) Course

Group I
Paper 1: Financial Reporting (100 Marks)

Paper 2: Strategic Financial Management (100 Marks)

Paper 3: Advanced Auditing and Professional Ethics (100 Marks)

Paper 4: Corporate and Allied Laws (100 Marks)
Section A: Company Law (70 Marks)
Section B: Allied Laws (30 Marks)

Group II

Paper 5: Advanced Management Accounting (100 Marks)

Paper 6: Information Systems Control and Audit (100 Marks)

Paper 7: Direct Tax Laws (100 Marks)

Paper 8: Indirect Tax Laws (100 Marks)
Section A: Central Excise (40 Marks)
Section B: Service Tax & VAT (40 Marks)
Section C: Customs (20 Marks)

General Management & Communication Skills Course

2009-10-15T00:15:00.000+05:30

General Management & Communication Skills Course

The Course commencement details of GMCS Course at different Centres for October 2009 are given below: Other
Regional Council/s Branches/s Chapter may also conduct the course. Eligible students may contact the concerned
Regional/Branch Office for registration:

Region/Branch -Tentative date of commencement - Contact Details

Western India Regional Council of ICAI, Mumbai
October 5, 2009
October 12, 2009
The Chairman,
WIRC of the ICAI
ICAI Bhavan 'Anveshak'
27 Cuffe Parade, Colaba,
MUMBAI- 400 005.
Phone: 022-39893989-39802902
E-mail: wircgmcs@icai.org

Ajmer Branch
October 1, 2009
The Chairman,
Ajmer Branch of CIRC of the
the Institute of Chartered
Accountants of India
478, Prem Bhawan Area,
Kutchery Road,
AJMER - 305 001
Phone: 0145- 2625192
Email: ajmer@icai.org

Dehradun Branch
October 1, 2009
The Chairman,
Dehradun Branch of the CIRC of
the Institute of Chartered
Accountants of India
“Shikhar”,15, Subhash Road,
Opp. Income Tax Office,
DEHRADUN - 248 001
Phone: 0135- 2714232
Email: dehradun@icai.org

Ranchi Branch
October 5, 2009
The Chairman,
Ranchi Branch of CIRC of the
Institute of Chartered
Accountants of India Vyapar
Bhawan, 3rd Floor, Lalji Hirji Road,
RANCHI - 834 001
Phone: 0651- 2206471
Email: ranchi@icai.org

Northern India Regional Council of ICAI, Delhi
October 6, 2009 (2 batches)
The Chairman,
NIRC of the ICAI,
ICAI Bhawan
5th floor, Annexe Building,
Indraprastha Marg,
NEW DELHI – 110 001
Phone: 011-39893990, 30110495
E-mail: nro@icai.org
Southern India Regional Council of ICAI Chennai
October 19, 2009
The Chairman,

Southern India Regional Council
of the Institute of Chartered
Accountants of India,
122, Mahatma Gandhi Road,
Nungambakkam
CHENNAI – 600034
Phone: 044-39893989
Email: sro@icai.org

Eastern India Regional Council of ICAI, Kolkata
October 13, 2009
The Chairman,
EIRC,
ICAI Bhawan,
7, Anandilal Poddar Sarani, (Russell Street)
Kolkata- 700071
Phone: 033-39893989
Email: ero@icai.org
Siliguri Branch
October 4, 2009
The Chairman,

Siliguri Branch of EIRC of the
Institute of Chartered
Accountants of India
Near Overbridge, (Tinbatti More),
SILIGURI - 734 405
Phone: 0353- 2560445
Email: siliguri@icai.org

Syllabus - Course on General Management and Communication Skills

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Part A: General Management
(a)	*Introduction to General Management* Planning; Organizing, Direction, Control; Role and responsibilities of managers at different levels; Working with Teams; Office Etiquette and Discipline; Interpersonal Skills and Relations; Human Resources Management; Time Management; Office Procedures and Manuals; Business and Professional etiquette.
(b)	*Organization and Management of a Chartered Accountant’s office.* Organization of the Office; Office administration; Business Development; Net working
(c)	*Basic Management of Meetings* Types of meetings; Preparation of Agenda; Arrangements before meeting, at meetings and post meeting; Conduct and Procedures of Meetings; Minutes Drafting.
(d)	*Art of Public Speaking* What is Public Speaking, Preparation of Speech, Selecting the talk on the basis of occasion, Timing the speech, Addressing a crowd, developing general knowledge through reading and other processes.
(e)	*Representing before various Governmental and Other Agencies*
(f)	*Art of Negotiation* Objectives; Assessment of strengths and weaknesses; Preparation of arguments/proposal; Dos and Don’ts in Negotiation; Arbitration and Conciliation
*Part B: Communication Skills*
1.	*Drafting of letters, reports, deeds, documents etc.,* Principles of Drafting, Contents of draft; Hints on legal drafting; Drafting letters; Report Writing; Agreement Drafting; Drafting Memorandum of Understanding and other documents and deeds; Preparation of Project Reports..
2.	*Simple Précis Writing and Comprehension*.
3.	*Modes of Communication* Effective communication and its advantages; Written Communication; Listening skills; Barriers to communication; Telephone/Computer based communication like voice mail; email, SMS etc.; Telephone Etiquettes; Dos and Don’ts of Effective Communication.
4.	*The Art of Presenting one-self* Preparation of Curriculum Vitae; Preparation for interviews; Dress Code at Interviews, meetings and elsewhere; Dos and Don’ts at the interview; Conduct at the interview; Personal hygiene; Elementary Body Language, Body Postures and Poise.
5.	*The Art of making presentations.* Planning and preparation; Collecting and Collating Data for the presentation; Designing the Presentation structure; Use of visual aids; Handling Audience; Conduct during presentation .

Part C: Practicals

i. Group Discussion

ii. Personal Interview of the Student

iii. Mock Meetings and Interviews

iv. Practical Games testing communication skills

v. Presentation on a Technical Topic

vi. Submission of reports/deeds prepared

Scheme - Course on General Management and Communication Skills

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The 15 Days full time Course on General Management and Communication Skills was introduced in the year 2002 to equip the entrants to the profession with interpersonal and management skills and provide exposure to the contemporary issues in the ever changing socio-economic scenario. This course is a prerequisite for membership enrolment of the Institute under Regulation 51A/72A

Objectives

To equip the entrants of the profession with some essential skills, such as:

¨ General Management and Business Communication Skills

¨ Presentation Skills

¨ Group Discussion skills & Inter-personal skills

¨ Legal document preparation skills

¨ To enable the participants to become more confident and capable of using the knowledge gained while doing the Chartered Accountancy Course

¨ To increase level of awareness of management theory and practice with the ultimate aim of self-development

¨ To provide opportunities for personal interaction with fellow students and senior members of the profession.

Eligibility

¨ A student who has passed Intermediate / Professional Education (Examination – II) / Professional Competence Course and is serving his last 12 months of articles is eligible to complete the course. The requirement of compulsory attendance in this course applies to all the Articled/ Audit Assistants:

A student after being declared successful in the Final Examination under old or new scheme can be admitted as an associate member only after completion of the course on General Management and Communication Skills

¨ A student who completes Three Months’ Residential Programme in General Management, Personality Development and Communication Skills organized by the Board of Studies will not be required to undergo GMCS Course.

Course Structure

The Course is organized by the Regional Monitoring Committee at the Regional Head-Quarters and by the Chairman at Branch level. The Dubai Overseas Office of ICAL also conducts the Course.

Faculty

Faculty is drawn from experienced and well-known members of the profession, management consultants/ trainers, members of the academic community from Universities/ Management Institutions, etc. To enable intensive training, batch size does not normally exceed 50 students.

Duration

¨ The duration of the course is 15 days full time. Classes are held 6 hours each day. The suggested timing are-

9.30 a.m. - 1.00 p.m. (with half and hour break)

2.00 p.m. - 5.30 p.m. (with half an hour break)

¨ The broad allocation of time to cover the course contents are as follows:

Part A- General Management – 30 hours

Part B – Communication Skills – 30 hours

Part C – Practical – 30 hours

Teaching Methodology

Training is imparted systematically through a Training Calendar. Multiple instructional methods including lectures, case studies, presentations, group discussions, management games, projects, mock interviews, etc. are used.

Fees

Generally the fees will not exceed Rs.4000 per student in India, on non-residential basis, inclusive of Course and study materials.

Exemption from payment of fees to Disabled Students for undergoing General Management and Communication Skills Course

Disabled Students are exempted from payment of fees for undergoing the Course on General Management and Communication Skills. Such students can either opt to (i) attend all the classes or (ii) appear in two test papers of 3 hours each after a period of 15 days from the date of registration after thoroughly studying the Background Material.

Definition of disabled students

Blindness – “Blindness” refers to a condition where a person suffers from any of the following conditions, namely:
- total absence of sight;
- visual acuity not exceeding 6/60 or 20/200 (snellen) in the better eye with correcting lenses; or
- limitation of the field of vision subtending an angle of 20 degree or worse.
Low vision – “Low vision” means a person with impairment of visual functioning even after treatment or standard refractive correction but who uses or is potentially capable of using vision for the planning or execution of a task with appropriate assistive device.
Leprosy cured – “Leprosy cured” means any person who has been cured of leprosy but is suffering from
- loss of sensation in hands or feet as well as loss of sensation and paresis in the eye and eye-lid but with no manifest deformity;
- manifest deformity and paresis but having sufficient mobility in their hands and feet to enable them to engage in normal economic activity;
- extreme physical deformity as well as advanced age which prevents him from undertaking any gainful occupation, and the expression “leprosy cured” shall be constructed accordingly.
Hearing impairment – “Hearing impairment” means loss of sixty decibels or more in the better ear in the conversational range of frequencies.
Locomotors disability – “Locomotors disability” means disability of the bones, joints or muscles leading to substantial restriction of the movement of the limbs or any form of cerebral palsy.
Permanent and total loss of voice – a disabled student has to submit a certificate of suffering from disability, certified by a physician / surgeon / oculist working in a Government hospital, as the case may be.

SYLLABUS FOR INFORMATION TECHNOLOGY TRAINING PROGRAMME

2009-10-09T01:26:00.000+05:30

SYLLABUS FOR 100 HRS. INFORMATION TECHNOLOGY TRAINING

PROGRAMME

SL. NO. TOPIC DURATION

1. Computer Fundamentals 1 hrs.

2. Operating Systems 6 hrs.

3. MS-Word 6 hrs.

4. MS-Excel 15 hrs.

5. MS-PowerPoint 5 hrs.

6. Data Bases 15 hrs.

7. MS-Office utilities 3 hrs.

8. Accounting package 20 hrs.

9. Computer Aided Audit Techniques 12 hrs.

10. WEB TECHNOLOGY & SYSTEM SECURITY AND

MAINTENANCE

10 hrs.

11. INTRODUCTION TO VISUAL BASIC 5 hrs.

12 DIGITAL SIGNATURE AND VERIFICATION OF ELECTRONIC

RECORD

2 hours

Total 100 hrs.

STRUCTURE OF EXAMINATION :

Online Examination 60 Marks

Project Report to be evaluated by the BOS 20 Marks

Module tests 20 Marks

Pass Marks 60 Marks

SYLLABUS

Total duration: 100 hours

COMPUTER FUNDAMENTALS Duration: 1 hour

A. Introduction to Computer (Target teaching time (TTT) : 1 Hour)

- Introduction to Computers

- Characteristics of Computers

- The Computer System

- Categories of Computers (Micros to Super Computers)

- Parts of Computers: CPU, BUS, I/O CO Processors, Ports(serial and

parallel), Expansion slots, Add on Cards, On board Chips, LAN cards, Multi media cards ,

Cache Memory, Buffers, Controllers and drivers

- I/O Devices

(Demonstration of the Computer System)

OPERATING SYSTEMS Duration : 6 hours

A. Introduction to Operating Systems (TTT : 1 hour)

B. An overview of various operating systems (TTT : 2 hours)

(Unix / Linux, DOS, Windows)

C. Features of latest Windows Operating Systems (TTT : 3 hours)

Introduction to Word Processor Duration : 6 hours

A. Introduction to MS-Word 2000 (TTT : 2 hours)

- Getting started with MS-Word

- Document Creation – How to create document.

- Word Document Manipulation

- Mail Merge

- Printing a Word Document

B. Tables handling (TTT : 1 hour)

- Formatting the Tables

- Inserting, filling and formatting a table

- Designing complex Tables

C. Finding, Replacing and Proofing Text (TTT : 1 hour)

- Finding and Replacing Text

Editing and Proofing Text

- Spell check and correction

- Grammar Check and correction

- Image Handling

D. Creating Macros (TTT : 2 hours)

Sending E-mail from Word

Import / Export of files

Converting Word Document to Web Documentt, PDF files

Hyperlinks and OLE

Security features in MS-Word

- Protection of Documents

- Password for Documents

- Checking for viruses in macros

Introduction to Electronic Spread Sheets Duration: 15 hours

A. Introduction to MS-Excel 200 (TTT : 1 hour)

- Applications of Electronic Spreadsheets

- Features of MS-Excel

- Starting MS-Excel

- What is a workbook?

- Using sheets in a Workbook

- Entering Data

- Entering Series

- Editing Data

- Clearing Cells

- Saving a Workbook

- Closing a Workbook

- Quitting MS-Excel

B. Cell Referencing, Ranges and Functions (TTT : 3 hours)

- Cell Referencing

- Ranges

- Range Names

- Formulae

- Functions: Mathematical, Statistical

Financial Functions such as NPV (Net present value), Future value, IRR (Internal Rate of Return),

EMI (Equated Monthly Instalments, Compounding Yearly, periodic and monthly)

- Auto Sum

- Auto Calculate

- Using Names in a Formula

- Formula Error Messages

- Formula Editing

- Copying Formulae

C. Formatting Worksheets and Creating Charts (TTT : 2 hours)

- Working with Worksheets

- Restructuring Worksheets

- Formatting Data

- Entering Data Quickly

- Creating Charts

- Graphical presentation Such as Lines, Bars, Stacked Bars, Pie

D. Data Forms and Printing (TTT : 3 hours)

- Database

- Data Form

- Sorting Data

- Filtering

- Creating Subtotals

- Pivot Table

- Printing in Excel

E. Creating Macros (TTT : 3 hours)

Import/export of data for MIS

Opening non-Excel files in Excel

Using passwords/protecting worksheets

Spreadsheet Applications

F. Data analysis through Excel (TTT: 3 Hours)

Introduction to Presentation Software Duration: 5 hours

A. Introduction to MS-Power Point 2000 (TTT : 1 hour)

- Use of Wizards and Templates

Preparing Presentations

- Slides

- Handouts

- Speaker’s Notes

- Outlines

- Media Clips

- Charts

- Graphs

B. Starting MS-Power Point (TTT : 1 hour)

- The MS-Power Point Window

- The MS-Power Point Views

- Presentations and Slides

- Creating a New Presentation

- Creating a new Slide

- Changing the layout for a Slide

- Deleting a Slide

- Running a Slide Show

- Saving a Presentation

C. Working with Slides, Slide Show and Printing Presentation (TTT : 3 hours)

- Opening a Presentation

- Changing the Order of the Slides

- Editing the Slide Master

- Changing the Color Schemes

- Changing the Background

- Adding text

- Adding Clip Art /scanned objects

- Working with word art

- Drawing Objects

- Working with Slide Show

- Setting up a slide show

- Controlling the Slide Show

- Adding the Transitions to the Slide Show

- Special effects in detail

- Setting Slide timings

- Printing a Presentation

- Pack and Go

- Creating and using Standard Templates

DATA BASES Duration: 15 hours

A. Data base Basics (TTT : 2 hours)

Types of Databases: List, Hierarchical, Network, Relational (RDBMS)

DDL (Data Definition Language)

DML (Data Manipulation Language)

DA (Data Administration)

SQL (Structured Query Language)

B. Introduction to Data Base Management System(DBMS) (TTT : 2 hours)

Introduction to MS Access

- What is MS-Access?

- What are databases used for?

- Component of databases

- Opening file in Access

- Managing databases from the Database/ Access wizard

- Navigating in Access

- Navigating with the databases/Access wizard

- Navigating with switchboard -wizard

- Entering data in a database

- Entering data by hand

- Entering data using a form

- Importing information into a database

- Linking a table from another database

- Exporting Information from a database

- Saving Information in a database

- Closing a database and Existing Access

C. Building and Customizing a Database (TTT : 2 hours)

- Building databases using the Access

- Building a database by self

- Working with tables

- Building tables with the table

- Renaming the table

- Working with forms

What is a form?

Creating a form with the Form Wizard

Working with the form Wizard

Working with the form

Modifying a form

D. Programming (TTT : 5 hours)

Structured Query Language(SQL)

- Creating Macros

- Saving & Executing a Macro

- Running a Macro

E. Working with Queries and Reports (TTT : 3 hours)

Working with queries

- Creating a Query

- Modifying a Query

Working with reports

- Creating a report with the report wizard

- Creating a report with Auto report

- Opening a report

- Applying an auto format to the report

- Report Sequence, Data source

- Page Size, Margins (Left, Top, Right, Bottom)

- Report Headers

- Page Headers, Numbers, Reporting date, For the period details, Page Footers

- Columns (Column Source, Title, Formatting numeric, character, date, amount (DR/CR), Totaling)

- Group Suppression of repeated lines

- Inter column space

- Groups (Group Bands, Grouping Fields)

- Detailed Reports, Summary Reports

- Report output controls (Pages, control totals, summary)

- Printing of reports (including lables)

F. Importing and linking data (TTT : 1 hour)

Compacting a database

Backing up a Database

Other Utilities and Office Automation Tools Duration : 3 Hours

A. Scheduler, Calendar, Microsoft Binder (TTT : 1 hour)

B. Outlook 2000 (TTT : 2 hours)

- Configuring Outlook for your email.

- Sending, receiving and managing the email , mail polling, mail merge to a database file.

- Sending and viewing attachments.

- Acting on messages

- Recalling, printing, and moving messages

- Searching for, and subscribing to, mailing lists.

- Using Outlook to subscribe to, and viewing Newsgroups

Accounting Packages Duration : 20 hours

A. Basic Concepts relating to Financial Accounting (TTT : 3 hours)

- Chart of Accounts, Concept of Financial Year

- The General Ledger Master (Entering Opening Balances)

- Grouping of GL Accounts

- The Sub Ledger Master (Entering Party Accounts Debtors and Creditors)

- Types of Sub ledger (Open type and Brought Forward type)

- Types of Transactions [Main Cash receipts and payments, Petty Cash receipts and payments,

Bank deposits, cheques and bank charges, Journal vouchers (Debits and Credits)]

B. Introduction to any Window based Accounting Package (TTT : 3 hours)

Installing & Starting the package

Setting up a new Company

Setting up account heads

Voucher Entry

Viewing & editing data

C. Generating Books of Accounts (TTT : 4 hours)

- Daybooks (Cash, Bank, Columnar Analysis type, Journals)

- Postings

- Printing of Checklists, Reports such Subsidiary Ledgers, General Ledgers

- Finalisation

- Financial Statements (Trial Balance, Profit and Loss / Balance Sheet)

- Closing and reopening of Books for Subsequent Financial Years after audit.

D. Financial Analysis Tools (TTT : 6hours)

- Cash Flow, Funds Flow Statements, Ratio Analysis, Budget vs. Actual Expenditures, Sales

Analysis, Trend Analysis, Consolidation, security review

- Backup, restore, audit trail / transaction trail

- Accessing database, Querying, exporting data from MS_EXCEL/MS_ACCESS for financial

analysis

E. Weaknesses to look for in Accounting Packages (TTT : 2 hours)

- Password controls not strong

- Lack of the following Audit Trails

Authorisation Signature

Log of data modification

Log of deleted data

Log of user accesses of files

Before and after images of altered data

Missing and duplicate serial numbers

Warning on duplicate entries

- Unauthorised modification of Heads of account

- Non-Provision for freezing entered data

- Back up provisions inadequate

- Limited number crunching capacity

- Easy exit to operating system

- Usage of unencrypted files

- Inadequate controls on automatic entries

- Inflexibility of document formats

- Inability to add / rename fields

Introduction to Other Accounting Packages (TTT : 2 hours)

Computer Aided Audit Techniques Duration : 12 hours

A. Controls and Auditing in Computer Environment (TTT : 2 hours)

- Frequently used checks such as

Field Checks numeric, Alpha, Lower Limit, Upper Limit, Range, Slab, Valid

Codes, Sign test, check digits

- Group of Fields Tests

- Record Level Tests,

- Group of Records Tests

- Table Level Tests and Checks such as control totals, hash totals

- Inter table tests like Master present, Master missing

- System and inter system tests

- Reasonableness checks (Materiality)

B. Audit Techniques (TTT : 3 hours)

- Review of Systems

- Test data Checking (Simple, compound and complex errors)

- Test data pack

- Test data generation

- Parallel processing

- Parallel programming

- Source Code Review

- Examination of Audit trail

- Log file review

- Random sampling Techniques

- Using Generalized Audit Software

- Using Audit Routines as part of regular software

- Using separate audit programs

- Audit systems

- Audit of Systems Development process (including system documentation)

- Audit of SDLC (Systems Development Life Cycle)

- Pre / Concurrent / Post Audit of Transactions

C. Cyber Audit using remote logins (TTT : 3 hours)

- Audit by simulation of errors, frauds

- Audit of Data Security such as online, offline, offsite backups

- Audit of System Security such as logins, access rights

- System Performance Audit

D. Data Extraction and Analysis Tools using SQL commands (TTT : 2 hours)

E. Different Tools available in RDBMS / ERP useful in Audit (TT : 2 hours)

Web Technology & System Security and Maintenanc Duration : 10 hours e

A. Web Technology (TTT : 2 hours)

- Internet

- Mailing Services

- Internet Addressing

- Browser

- www

- Placements

B. Telnet, Internet Telephony (TTT : 1 hours)

C. Reference sites (TTT : 1 hour)

D. Internet security& System security (TTT : 2 hour)

- System preventive maintenance(virus scan, defragmentation, junk file

deletion, tracking record deletion)

System security( password, Network setting)

G. E-Commerce (TTT: 2 hours)

- Web Commerce

- Advertisement

- Purchase Online

- Payment Gateways

H. Electronic Data Interchange (EDI) (TTT: 2 hours)

- What is EDI?

- Components of EDI

INTRODUCTION TO VISUAL BASIC (5 HOURS )

DIGITAL SIGNATURE AND VERIFICATION OF ELECTRONIC RECORD (2 Hours )1

SYLLABUS FOR 100 HRS. INFORMATION TECHNOLOGY TRAINING

PROGRAMME

SL. NO. TOPIC DURATION

1. Computer Fundamentals 1 hrs.

2. Operating Systems 6 hrs.

3. MS-Word 6 hrs.

4. MS-Excel 15 hrs.

5. MS-PowerPoint 5 hrs.

6. Data Bases 15 hrs.

7. MS-Office utilities 3 hrs.

8. Accounting package 20 hrs.

9. Computer Aided Audit Techniques 12 hrs.

10. WEB TECHNOLOGY & SYSTEM SECURITY AND

MAINTENANCE

10 hrs.

11. INTRODUCTION TO VISUAL BASIC 5 hrs.

12 DIGITAL SIGNATURE AND VERIFICATION OF ELECTRONIC

RECORD

2 hours

Total 100 hrs.

STRUCTURE OF EXAMINATION :

Online Examination 60 Marks

Project Report to be evaluated by the BOS 20 Marks

Module tests 20 Marks

Pass Marks 60 Marks

SYLLABUS

Total duration: 100 hours

COMPUTER FUNDAMENTALS Duration: 1 hour

A. Introduction to Computer (Target teaching time (TTT) : 1 Hour)

- Introduction to Computers

- Characteristics of Computers

- The Computer System

- Categories of Computers (Micros to Super Computers)

- Parts of Computers: CPU, BUS, I/O CO Processors, Ports(serial and

parallel), Expansion slots, Add on Cards, On board Chips, LAN cards, Multi media cards ,

Cache Memory, Buffers, Controllers and drivers

- I/O Devices

(Demonstration of the Computer System)

OPERATING SYSTEMS Duration : 6 hours

A. Introduction to Operating Systems (TTT : 1 hour)

B. An overview of various operating systems (TTT : 2 hours)

(Unix / Linux, DOS, Windows)

C. Features of latest Windows Operating Systems (TTT : 3 hours)

Introduction to Word Processor Duration : 6 hours

A. Introduction to MS-Word 2000 (TTT : 2 hours)

- Getting started with MS-Word

- Document Creation – How to create document.

- Word Document Manipulation

- Mail Merge

- Printing a Word Document

B. Tables handling (TTT : 1 hour)

- Formatting the Tables

- Inserting, filling and formatting a table

- Designing complex Tables

C. Finding, Replacing and Proofing Text (TTT : 1 hour)

- Finding and Replacing Text

Editing and Proofing Text

- Spell check and correction

- Grammar Check and correction

- Image Handling

D. Creating Macros (TTT : 2 hours)

Sending E-mail from Word

Import / Export of files

Converting Word Document to Web Documentt, PDF files

Hyperlinks and OLE

Security features in MS-Word

- Protection of Documents

- Password for Documents

- Checking for viruses in macros

Introduction to Electronic Spread Sheets Duration: 15 hours

A. Introduction to MS-Excel 200 (TTT : 1 hour)

- Applications of Electronic Spreadsheets

- Features of MS-Excel

- Starting MS-Excel

- What is a workbook?

- Using sheets in a Workbook

- Entering Data

- Entering Series

- Editing Data

- Clearing Cells

- Saving a Workbook

- Closing a Workbook

- Quitting MS-Excel

B. Cell Referencing, Ranges and Functions (TTT : 3 hours)

- Cell Referencing

- Ranges

- Range Names

- Formulae

- Functions: Mathematical, Statistical

Financial Functions such as NPV (Net present value), Future value, IRR (Internal Rate of Return),

EMI (Equated Monthly Instalments, Compounding Yearly, periodic and monthly)

- Auto Sum

- Auto Calculate

- Using Names in a Formula

- Formula Error Messages

- Formula Editing

- Copying Formulae

C. Formatting Worksheets and Creating Charts (TTT : 2 hours)

- Working with Worksheets

- Restructuring Worksheets

- Formatting Data

- Entering Data Quickly

- Creating Charts

- Graphical presentation Such as Lines, Bars, Stacked Bars, Pie

D. Data Forms and Printing (TTT : 3 hours)

- Database

- Data Form

- Sorting Data

- Filtering

- Creating Subtotals

- Pivot Table

- Printing in Excel

E. Creating Macros (TTT : 3 hours)

Import/export of data for MIS

Opening non-Excel files in Excel

Using passwords/protecting worksheets

Spreadsheet Applications

F. Data analysis through Excel (TTT: 3 Hours)

Introduction to Presentation Software Duration: 5 hours

A. Introduction to MS-Power Point 2000 (TTT : 1 hour)

- Use of Wizards and Templates

Preparing Presentations

- Slides

- Handouts

- Speaker’s Notes

- Outlines

- Media Clips

- Charts

- Graphs

B. Starting MS-Power Point (TTT : 1 hour)

- The MS-Power Point Window

- The MS-Power Point Views

- Presentations and Slides

- Creating a New Presentation

- Creating a new Slide

- Changing the layout for a Slide

- Deleting a Slide

- Running a Slide Show

- Saving a Presentation

C. Working with Slides, Slide Show and Printing Presentation (TTT : 3 hours)

- Opening a Presentation

- Changing the Order of the Slides

- Editing the Slide Master

- Changing the Color Schemes

- Changing the Background

- Adding text

- Adding Clip Art /scanned objects

- Working with word art

- Drawing Objects

- Working with Slide Show

- Setting up a slide show

- Controlling the Slide Show

- Adding the Transitions to the Slide Show

- Special effects in detail

- Setting Slide timings

- Printing a Presentation

- Pack and Go

- Creating and using Standard Templates

DATA BASES Duration: 15 hours

A. Data base Basics (TTT : 2 hours)

Types of Databases: List, Hierarchical, Network, Relational (RDBMS)

DDL (Data Definition Language)

DML (Data Manipulation Language)

DA (Data Administration)

SQL (Structured Query Language)

B. Introduction to Data Base Management System(DBMS) (TTT : 2 hours)

Introduction to MS Access

- What is MS-Access?

- What are databases used for?

- Component of databases

- Opening file in Access

- Managing databases from the Database/ Access wizard

- Navigating in Access

- Navigating with the databases/Access wizard

- Navigating with switchboard -wizard

- Entering data in a database

- Entering data by hand

- Entering data using a form

- Importing information into a database

- Linking a table from another database

- Exporting Information from a database

- Saving Information in a database

- Closing a database and Existing Access

C. Building and Customizing a Database (TTT : 2 hours)

- Building databases using the Access

- Building a database by self

- Working with tables

- Building tables with the table

- Renaming the table

- Working with forms

What is a form?

Creating a form with the Form Wizard

Working with the form Wizard

Working with the form

Modifying a form

D. Programming (TTT : 5 hours)

Structured Query Language(SQL)

- Creating Macros

- Saving & Executing a Macro

- Running a Macro

E. Working with Queries and Reports (TTT : 3 hours)

Working with queries

- Creating a Query

- Modifying a Query

Working with reports

- Creating a report with the report wizard

- Creating a report with Auto report

- Opening a report

- Applying an auto format to the report

- Report Sequence, Data source

- Page Size, Margins (Left, Top, Right, Bottom)

- Report Headers

- Page Headers, Numbers, Reporting date, For the period details, Page Footers

- Columns (Column Source, Title, Formatting numeric, character, date, amount (DR/CR), Totaling)

- Group Suppression of repeated lines

- Inter column space

- Groups (Group Bands, Grouping Fields)

- Detailed Reports, Summary Reports

- Report output controls (Pages, control totals, summary)

- Printing of reports (including lables)

F. Importing and linking data (TTT : 1 hour)

Compacting a database

Backing up a Database

Other Utilities and Office Automation Tools Duration : 3 Hours

A. Scheduler, Calendar, Microsoft Binder (TTT : 1 hour)

B. Outlook 2000 (TTT : 2 hours)

- Configuring Outlook for your email.

- Sending, receiving and managing the email , mail polling, mail merge to a database file.

- Sending and viewing attachments.

- Acting on messages

- Recalling, printing, and moving messages

- Searching for, and subscribing to, mailing lists.

- Using Outlook to subscribe to, and viewing Newsgroups

Accounting Packages Duration : 20 hours

A. Basic Concepts relating to Financial Accounting (TTT : 3 hours)

- Chart of Accounts, Concept of Financial Year

- The General Ledger Master (Entering Opening Balances)

- Grouping of GL Accounts

- The Sub Ledger Master (Entering Party Accounts Debtors and Creditors)

- Types of Sub ledger (Open type and Brought Forward type)

- Types of Transactions [Main Cash receipts and payments, Petty Cash receipts and payments,

Bank deposits, cheques and bank charges, Journal vouchers (Debits and Credits)]

B. Introduction to any Window based Accounting Package (TTT : 3 hours)

Installing & Starting the package

Setting up a new Company

Setting up account heads

Voucher Entry

Viewing & editing data

C. Generating Books of Accounts (TTT : 4 hours)

- Daybooks (Cash, Bank, Columnar Analysis type, Journals)

- Postings

- Printing of Checklists, Reports such Subsidiary Ledgers, General Ledgers

- Finalisation

- Financial Statements (Trial Balance, Profit and Loss / Balance Sheet)

- Closing and reopening of Books for Subsequent Financial Years after audit.

D. Financial Analysis Tools (TTT : 6hours)

- Cash Flow, Funds Flow Statements, Ratio Analysis, Budget vs. Actual Expenditures, Sales

Analysis, Trend Analysis, Consolidation, security review

- Backup, restore, audit trail / transaction trail

- Accessing database, Querying, exporting data from MS_EXCEL/MS_ACCESS for financial

analysis

E. Weaknesses to look for in Accounting Packages (TTT : 2 hours)

- Password controls not strong

- Lack of the following Audit Trails

Authorisation Signature

Log of data modification

Log of deleted data

Log of user accesses of files

Before and after images of altered data

Missing and duplicate serial numbers

Warning on duplicate entries

- Unauthorised modification of Heads of account

- Non-Provision for freezing entered data

- Back up provisions inadequate

- Limited number crunching capacity

- Easy exit to operating system

- Usage of unencrypted files

- Inadequate controls on automatic entries

- Inflexibility of document formats

- Inability to add / rename fields

Introduction to Other Accounting Packages (TTT : 2 hours)

Computer Aided Audit Techniques Duration : 12 hours

A. Controls and Auditing in Computer Environment (TTT : 2 hours)

- Frequently used checks such as

Field Checks numeric, Alpha, Lower Limit, Upper Limit, Range, Slab, Valid

Codes, Sign test, check digits

- Group of Fields Tests

- Record Level Tests,

- Group of Records Tests

- Table Level Tests and Checks such as control totals, hash totals

- Inter table tests like Master present, Master missing

- System and inter system tests

- Reasonableness checks (Materiality)

B. Audit Techniques (TTT : 3 hours)

- Review of Systems

- Test data Checking (Simple, compound and complex errors)

- Test data pack

- Test data generation

- Parallel processing

- Parallel programming

- Source Code Review

- Examination of Audit trail

- Log file review

- Random sampling Techniques

- Using Generalized Audit Software

- Using Audit Routines as part of regular software

- Using separate audit programs

- Audit systems

- Audit of Systems Development process (including system documentation)

- Audit of SDLC (Systems Development Life Cycle)

- Pre / Concurrent / Post Audit of Transactions

C. Cyber Audit using remote logins (TTT : 3 hours)

- Audit by simulation of errors, frauds

- Audit of Data Security such as online, offline, offsite backups

- Audit of System Security such as logins, access rights

- System Performance Audit

D. Data Extraction and Analysis Tools using SQL commands (TTT : 2 hours)

E. Different Tools available in RDBMS / ERP useful in Audit (TT : 2 hours)

Web Technology & System Security and Maintenanc Duration : 10 hours e

A. Web Technology (TTT : 2 hours)

- Internet

- Mailing Services

- Internet Addressing

- Browser

- www

- Placements

B. Telnet, Internet Telephony (TTT : 1 hours)

C. Reference sites (TTT : 1 hour)

D. Internet security& System security (TTT : 2 hour)

- System preventive maintenance(virus scan, defragmentation, junk file

deletion, tracking record deletion)

System security( password, Network setting)

G. E-Commerce (TTT: 2 hours)

- Web Commerce

- Advertisement

- Purchase Online

- Payment Gateways

H. Electronic Data Interchange (EDI) (TTT: 2 hours)

- What is EDI?

- Components of EDI

INTRODUCTION TO VISUAL BASIC (5 HOURS )

DIGITAL SIGNATURE AND VERIFICATION OF ELECTRONIC RECORD (2 Hours )1

SYLLABUS FOR 100 HRS. INFORMATION TECHNOLOGY TRAINING

PROGRAMME

SL. NO. TOPIC DURATION

1. Computer Fundamentals 1 hrs.

2. Operating Systems 6 hrs.

3. MS-Word 6 hrs.

4. MS-Excel 15 hrs.

5. MS-PowerPoint 5 hrs.

6. Data Bases 15 hrs.

7. MS-Office utilities 3 hrs.

8. Accounting package 20 hrs.

9. Computer Aided Audit Techniques 12 hrs.

10. WEB TECHNOLOGY & SYSTEM SECURITY AND

MAINTENANCE

10 hrs.

11. INTRODUCTION TO VISUAL BASIC 5 hrs.

12 DIGITAL SIGNATURE AND VERIFICATION OF ELECTRONIC

RECORD

2 hours

Total 100 hrs.

STRUCTURE OF EXAMINATION :

Online Examination 60 Marks

Project Report to be evaluated by the BOS 20 Marks

Module tests 20 Marks

Pass Marks 60 Marks

SYLLABUS

Total duration: 100 hours

COMPUTER FUNDAMENTALS Duration: 1 hour

A. Introduction to Computer (Target teaching time (TTT) : 1 Hour)

- Introduction to Computers

- Characteristics of Computers

- The Computer System

- Categories of Computers (Micros to Super Computers)

- Parts of Computers: CPU, BUS, I/O CO Processors, Ports(serial and

parallel), Expansion slots, Add on Cards, On board Chips, LAN cards, Multi media cards ,

Cache Memory, Buffers, Controllers and drivers

- I/O Devices

(Demonstration of the Computer System)

OPERATING SYSTEMS Duration : 6 hours

A. Introduction to Operating Systems (TTT : 1 hour)

B. An overview of various operating systems (TTT : 2 hours)

(Unix / Linux, DOS, Windows)

C. Features of latest Windows Operating Systems (TTT : 3 hours)

Introduction to Word Processor Duration : 6 hours

A. Introduction to MS-Word 2000 (TTT : 2 hours)

- Getting started with MS-Word

- Document Creation – How to create document.

- Word Document Manipulation

- Mail Merge

- Printing a Word Document

B. Tables handling (TTT : 1 hour)

- Formatting the Tables

- Inserting, filling and formatting a table

- Designing complex Tables

C. Finding, Replacing and Proofing Text (TTT : 1 hour)

- Finding and Replacing Text

Editing and Proofing Text

- Spell check and correction

- Grammar Check and correction

- Image Handling

D. Creating Macros (TTT : 2 hours)

Sending E-mail from Word

Import / Export of files

Converting Word Document to Web Documentt, PDF files

Hyperlinks and OLE

Security features in MS-Word

- Protection of Documents

- Password for Documents

- Checking for viruses in macros

Introduction to Electronic Spread Sheets Duration: 15 hours

A. Introduction to MS-Excel 200 (TTT : 1 hour)

- Applications of Electronic Spreadsheets

- Features of MS-Excel

- Starting MS-Excel

- What is a workbook?

- Using sheets in a Workbook

- Entering Data

- Entering Series

- Editing Data

- Clearing Cells

- Saving a Workbook

- Closing a Workbook

- Quitting MS-Excel

B. Cell Referencing, Ranges and Functions (TTT : 3 hours)

- Cell Referencing

- Ranges

- Range Names

- Formulae

- Functions: Mathematical, Statistical

Financial Functions such as NPV (Net present value), Future value, IRR (Internal Rate of Return),

EMI (Equated Monthly Instalments, Compounding Yearly, periodic and monthly)

- Auto Sum

- Auto Calculate

- Using Names in a Formula

- Formula Error Messages

- Formula Editing

- Copying Formulae

C. Formatting Worksheets and Creating Charts (TTT : 2 hours)

- Working with Worksheets

- Restructuring Worksheets

- Formatting Data

- Entering Data Quickly

- Creating Charts

- Graphical presentation Such as Lines, Bars, Stacked Bars, Pie

D. Data Forms and Printing (TTT : 3 hours)

- Database

- Data Form

- Sorting Data

- Filtering

- Creating Subtotals

- Pivot Table

- Printing in Excel

E. Creating Macros (TTT : 3 hours)

Import/export of data for MIS

Opening non-Excel files in Excel

Using passwords/protecting worksheets

Spreadsheet Applications

F. Data analysis through Excel (TTT: 3 Hours)

Introduction to Presentation Software Duration: 5 hours

A. Introduction to MS-Power Point 2000 (TTT : 1 hour)

- Use of Wizards and Templates

Preparing Presentations

- Slides

- Handouts

- Speaker’s Notes

- Outlines

- Media Clips

- Charts

- Graphs

B. Starting MS-Power Point (TTT : 1 hour)

- The MS-Power Point Window

- The MS-Power Point Views

- Presentations and Slides

- Creating a New Presentation

- Creating a new Slide

- Changing the layout for a Slide

- Deleting a Slide

- Running a Slide Show

- Saving a Presentation

C. Working with Slides, Slide Show and Printing Presentation (TTT : 3 hours)

- Opening a Presentation

- Changing the Order of the Slides

- Editing the Slide Master

- Changing the Color Schemes

- Changing the Background

- Adding text

- Adding Clip Art /scanned objects

- Working with word art

- Drawing Objects

- Working with Slide Show

- Setting up a slide show

- Controlling the Slide Show

- Adding the Transitions to the Slide Show

- Special effects in detail

- Setting Slide timings

- Printing a Presentation

- Pack and Go

- Creating and using Standard Templates

DATA BASES Duration: 15 hours

A. Data base Basics (TTT : 2 hours)

Types of Databases: List, Hierarchical, Network, Relational (RDBMS)

DDL (Data Definition Language)

DML (Data Manipulation Language)

DA (Data Administration)

SQL (Structured Query Language)

B. Introduction to Data Base Management System(DBMS) (TTT : 2 hours)

Introduction to MS Access

- What is MS-Access?

- What are databases used for?

- Component of databases

- Opening file in Access

- Managing databases from the Database/ Access wizard

- Navigating in Access

- Navigating with the databases/Access wizard

- Navigating with switchboard -wizard

- Entering data in a database

- Entering data by hand

- Entering data using a form

- Importing information into a database

- Linking a table from another database

- Exporting Information from a database

- Saving Information in a database

- Closing a database and Existing Access

C. Building and Customizing a Database (TTT : 2 hours)

- Building databases using the Access

- Building a database by self

- Working with tables

- Building tables with the table

- Renaming the table

- Working with forms

What is a form?

Creating a form with the Form Wizard

Working with the form Wizard

Working with the form

Modifying a form

D. Programming (TTT : 5 hours)

Structured Query Language(SQL)

- Creating Macros

- Saving & Executing a Macro

- Running a Macro

E. Working with Queries and Reports (TTT : 3 hours)

Working with queries

- Creating a Query

- Modifying a Query

Working with reports

- Creating a report with the report wizard

- Creating a report with Auto report

- Opening a report

- Applying an auto format to the report

- Report Sequence, Data source

- Page Size, Margins (Left, Top, Right, Bottom)

- Report Headers

- Page Headers, Numbers, Reporting date, For the period details, Page Footers

- Columns (Column Source, Title, Formatting numeric, character, date, amount (DR/CR), Totaling)

- Group Suppression of repeated lines

- Inter column space

- Groups (Group Bands, Grouping Fields)

- Detailed Reports, Summary Reports

- Report output controls (Pages, control totals, summary)

- Printing of reports (including lables)

F. Importing and linking data (TTT : 1 hour)

Compacting a database

Backing up a Database

Other Utilities and Office Automation Tools Duration : 3 Hours

A. Scheduler, Calendar, Microsoft Binder (TTT : 1 hour)

B. Outlook 2000 (TTT : 2 hours)

- Configuring Outlook for your email.

- Sending, receiving and managing the email , mail polling, mail merge to a database file.

- Sending and viewing attachments.

- Acting on messages

- Recalling, printing, and moving messages

- Searching for, and subscribing to, mailing lists.

- Using Outlook to subscribe to, and viewing Newsgroups

Accounting Packages Duration : 20 hours

A. Basic Concepts relating to Financial Accounting (TTT : 3 hours)

- Chart of Accounts, Concept of Financial Year

- The General Ledger Master (Entering Opening Balances)

- Grouping of GL Accounts

- The Sub Ledger Master (Entering Party Accounts Debtors and Creditors)

- Types of Sub ledger (Open type and Brought Forward type)

- Types of Transactions [Main Cash receipts and payments, Petty Cash receipts and payments,

Bank deposits, cheques and bank charges, Journal vouchers (Debits and Credits)]

B. Introduction to any Window based Accounting Package (TTT : 3 hours)

Installing & Starting the package

Setting up a new Company

Setting up account heads

Voucher Entry

Viewing & editing data

C. Generating Books of Accounts (TTT : 4 hours)

- Daybooks (Cash, Bank, Columnar Analysis type, Journals)

- Postings

- Printing of Checklists, Reports such Subsidiary Ledgers, General Ledgers

- Finalisation

- Financial Statements (Trial Balance, Profit and Loss / Balance Sheet)

- Closing and reopening of Books for Subsequent Financial Years after audit.

D. Financial Analysis Tools (TTT : 6hours)

- Cash Flow, Funds Flow Statements, Ratio Analysis, Budget vs. Actual Expenditures, Sales

Analysis, Trend Analysis, Consolidation, security review

- Backup, restore, audit trail / transaction trail

- Accessing database, Querying, exporting data from MS_EXCEL/MS_ACCESS for financial

analysis

E. Weaknesses to look for in Accounting Packages (TTT : 2 hours)

- Password controls not strong

- Lack of the following Audit Trails

Authorisation Signature

Log of data modification

Log of deleted data

Log of user accesses of files

Before and after images of altered data

Missing and duplicate serial numbers

Warning on duplicate entries

- Unauthorised modification of Heads of account

- Non-Provision for freezing entered data

- Back up provisions inadequate

- Limited number crunching capacity

- Easy exit to operating system

- Usage of unencrypted files

- Inadequate controls on automatic entries

- Inflexibility of document formats

- Inability to add / rename fields

Introduction to Other Accounting Packages (TTT : 2 hours)

Computer Aided Audit Techniques Duration : 12 hours

A. Controls and Auditing in Computer Environment (TTT : 2 hours)

- Frequently used checks such as

Field Checks numeric, Alpha, Lower Limit, Upper Limit, Range, Slab, Valid

Codes, Sign test, check digits

- Group of Fields Tests

- Record Level Tests,

- Group of Records Tests

- Table Level Tests and Checks such as control totals, hash totals

- Inter table tests like Master present, Master missing

- System and inter system tests

- Reasonableness checks (Materiality)

B. Audit Techniques (TTT : 3 hours)

- Review of Systems

- Test data Checking (Simple, compound and complex errors)

- Test data pack

- Test data generation

- Parallel processing

- Parallel programming

- Source Code Review

- Examination of Audit trail

- Log file review

- Random sampling Techniques

- Using Generalized Audit Software

- Using Audit Routines as part of regular software

- Using separate audit programs

- Audit systems

- Audit of Systems Development process (including system documentation)

- Audit of SDLC (Systems Development Life Cycle)

- Pre / Concurrent / Post Audit of Transactions

C. Cyber Audit using remote logins (TTT : 3 hours)

- Audit by simulation of errors, frauds

- Audit of Data Security such as online, offline, offsite backups

- Audit of System Security such as logins, access rights

- System Performance Audit

D. Data Extraction and Analysis Tools using SQL commands (TTT : 2 hours)

E. Different Tools available in RDBMS / ERP useful in Audit (TT : 2 hours)

Web Technology & System Security and Maintenanc Duration : 10 hours e

A. Web Technology (TTT : 2 hours)

- Internet

- Mailing Services

- Internet Addressing

- Browser

- www

- Placements

B. Telnet, Internet Telephony (TTT : 1 hours)

C. Reference sites (TTT : 1 hour)

D. Internet security& System security (TTT : 2 hour)

- System preventive maintenance(virus scan, defragmentation, junk file

deletion, tracking record deletion)

System security( password, Network setting)

G. E-Commerce (TTT: 2 hours)

- Web Commerce

- Advertisement

- Purchase Online

- Payment Gateways

H. Electronic Data Interchange (EDI) (TTT: 2 hours)

- What is EDI?

- Components of EDI

INTRODUCTION TO VISUAL BASIC (5 HOURS )

DIGITAL SIGNATURE AND VERIFICATION OF ELECTRONIC RECORD (2 Hours )1

SYLLABUS FOR 100 HRS. INFORMATION TECHNOLOGY TRAINING

PROGRAMME

SL. NO. TOPIC DURATION

1. Computer Fundamentals 1 hrs.

2. Operating Systems 6 hrs.

3. MS-Word 6 hrs.

4. MS-Excel 15 hrs.

5. MS-PowerPoint 5 hrs.

6. Data Bases 15 hrs.

7. MS-Office utilities 3 hrs.

8. Accounting package 20 hrs.

9. Computer Aided Audit Techniques 12 hrs.

10. WEB TECHNOLOGY & SYSTEM SECURITY AND

MAINTENANCE

10 hrs.

11. INTRODUCTION TO VISUAL BASIC 5 hrs.

12 DIGITAL SIGNATURE AND VERIFICATION OF ELECTRONIC

RECORD

2 hours

Total 100 hrs.

STRUCTURE OF EXAMINATION :

Online Examination 60 Marks

Project Report to be evaluated by the BOS 20 Marks

Module tests 20 Marks

Pass Marks 60 Marks

SYLLABUS

Total duration: 100 hours

COMPUTER FUNDAMENTALS Duration: 1 hour

A. Introduction to Computer (Target teaching time (TTT) : 1 Hour)

- Introduction to Computers

- Characteristics of Computers

- The Computer System

- Categories of Computers (Micros to Super Computers)

- Parts of Computers: CPU, BUS, I/O CO Processors, Ports(serial and

parallel), Expansion slots, Add on Cards, On board Chips, LAN cards, Multi media cards ,

Cache Memory, Buffers, Controllers and drivers

- I/O Devices

(Demonstration of the Computer System)

OPERATING SYSTEMS Duration : 6 hours

A. Introduction to Operating Systems (TTT : 1 hour)

B. An overview of various operating systems (TTT : 2 hours)

(Unix / Linux, DOS, Windows)

C. Features of latest Windows Operating Systems (TTT : 3 hours)

Introduction to Word Processor Duration : 6 hours

A. Introduction to MS-Word 2000 (TTT : 2 hours)

- Getting started with MS-Word

- Document Creation – How to create document.

- Word Document Manipulation

- Mail Merge

- Printing a Word Document

B. Tables handling (TTT : 1 hour)

- Formatting the Tables

- Inserting, filling and formatting a table

- Designing complex Tables

C. Finding, Replacing and Proofing Text (TTT : 1 hour)

- Finding and Replacing Text

Editing and Proofing Text

- Spell check and correction

- Grammar Check and correction

- Image Handling

D. Creating Macros (TTT : 2 hours)

Sending E-mail from Word

Import / Export of files

Converting Word Document to Web Documentt, PDF files

Hyperlinks and OLE

Security features in MS-Word

- Protection of Documents

- Password for Documents

- Checking for viruses in macros

Introduction to Electronic Spread Sheets Duration: 15 hours

A. Introduction to MS-Excel 200 (TTT : 1 hour)

- Applications of Electronic Spreadsheets

- Features of MS-Excel

- Starting MS-Excel

- What is a workbook?

- Using sheets in a Workbook

- Entering Data

- Entering Series

- Editing Data

- Clearing Cells

- Saving a Workbook

- Closing a Workbook

- Quitting MS-Excel

B. Cell Referencing, Ranges and Functions (TTT : 3 hours)

- Cell Referencing

- Ranges

- Range Names

- Formulae

- Functions: Mathematical, Statistical

Financial Functions such as NPV (Net present value), Future value, IRR (Internal Rate of Return),

EMI (Equated Monthly Instalments, Compounding Yearly, periodic and monthly)

- Auto Sum

- Auto Calculate

- Using Names in a Formula

- Formula Error Messages

- Formula Editing

- Copying Formulae

C. Formatting Worksheets and Creating Charts (TTT : 2 hours)

- Working with Worksheets

- Restructuring Worksheets

- Formatting Data

- Entering Data Quickly

- Creating Charts

- Graphical presentation Such as Lines, Bars, Stacked Bars, Pie

D. Data Forms and Printing (TTT : 3 hours)

- Database

- Data Form

- Sorting Data

- Filtering

- Creating Subtotals

- Pivot Table

- Printing in Excel

E. Creating Macros (TTT : 3 hours)

Import/export of data for MIS

Opening non-Excel files in Excel

Using passwords/protecting worksheets

Spreadsheet Applications

F. Data analysis through Excel (TTT: 3 Hours)

Introduction to Presentation Software Duration: 5 hours

A. Introduction to MS-Power Point 2000 (TTT : 1 hour)

- Use of Wizards and Templates

Preparing Presentations

- Slides

- Handouts

- Speaker’s Notes

- Outlines

- Media Clips

- Charts

- Graphs

B. Starting MS-Power Point (TTT : 1 hour)

- The MS-Power Point Window

- The MS-Power Point Views

- Presentations and Slides

- Creating a New Presentation

- Creating a new Slide

- Changing the layout for a Slide

- Deleting a Slide

- Running a Slide Show

- Saving a Presentation

C. Working with Slides, Slide Show and Printing Presentation (TTT : 3 hours)

- Opening a Presentation

- Changing the Order of the Slides

- Editing the Slide Master

- Changing the Color Schemes

- Changing the Background

- Adding text

- Adding Clip Art /scanned objects

- Working with word art

- Drawing Objects

- Working with Slide Show

- Setting up a slide show

- Controlling the Slide Show

- Adding the Transitions to the Slide Show

- Special effects in detail

- Setting Slide timings

- Printing a Presentation

- Pack and Go

- Creating and using Standard Templates

DATA BASES Duration: 15 hours

A. Data base Basics (TTT : 2 hours)

Types of Databases: List, Hierarchical, Network, Relational (RDBMS)

DDL (Data Definition Language)

DML (Data Manipulation Language)

DA (Data Administration)

SQL (Structured Query Language)

B. Introduction to Data Base Management System(DBMS) (TTT : 2 hours)

Introduction to MS Access

- What is MS-Access?

- What are databases used for?

- Component of databases

- Opening file in Access

- Managing databases from the Database/ Access wizard

- Navigating in Access

- Navigating with the databases/Access wizard

- Navigating with switchboard -wizard

- Entering data in a database

- Entering data by hand

- Entering data using a form

- Importing information into a database

- Linking a table from another database

- Exporting Information from a database

- Saving Information in a database

- Closing a database and Existing Access

C. Building and Customizing a Database (TTT : 2 hours)

- Building databases using the Access

- Building a database by self

- Working with tables

- Building tables with the table

- Renaming the table

- Working with forms

What is a form?

Creating a form with the Form Wizard

Working with the form Wizard

Working with the form

Modifying a form

D. Programming (TTT : 5 hours)

Structured Query Language(SQL)

- Creating Macros

- Saving & Executing a Macro

- Running a Macro

E. Working with Queries and Reports (TTT : 3 hours)

Working with queries

- Creating a Query

- Modifying a Query

Working with reports

- Creating a report with the report wizard

- Creating a report with Auto report

- Opening a report

- Applying an auto format to the report

- Report Sequence, Data source

- Page Size, Margins (Left, Top, Right, Bottom)

- Report Headers

- Page Headers, Numbers, Reporting date, For the period details, Page Footers

- Columns (Column Source, Title, Formatting numeric, character, date, amount (DR/CR), Totaling)

- Group Suppression of repeated lines

- Inter column space

- Groups (Group Bands, Grouping Fields)

- Detailed Reports, Summary Reports

- Report output controls (Pages, control totals, summary)

- Printing of reports (including lables)

F. Importing and linking data (TTT : 1 hour)

Compacting a database

Backing up a Database

Other Utilities and Office Automation Tools Duration : 3 Hours

A. Scheduler, Calendar, Microsoft Binder (TTT : 1 hour)

B. Outlook 2000 (TTT : 2 hours)

- Configuring Outlook for your email.

- Sending, receiving and managing the email , mail polling, mail merge to a database file.

- Sending and viewing attachments.

- Acting on messages

- Recalling, printing, and moving messages

- Searching for, and subscribing to, mailing lists.

- Using Outlook to subscribe to, and viewing Newsgroups

Accounting Packages Duration : 20 hours

A. Basic Concepts relating to Financial Accounting (TTT : 3 hours)

- Chart of Accounts, Concept of Financial Year

- The General Ledger Master (Entering Opening Balances)

- Grouping of GL Accounts

- The Sub Ledger Master (Entering Party Accounts Debtors and Creditors)

- Types of Sub ledger (Open type and Brought Forward type)

- Types of Transactions [Main Cash receipts and payments, Petty Cash receipts and payments,

Bank deposits, cheques and bank charges, Journal vouchers (Debits and Credits)]

B. Introduction to any Window based Accounting Package (TTT : 3 hours)

Installing & Starting the package

Setting up a new Company

Setting up account heads

Voucher Entry

Viewing & editing data

C. Generating Books of Accounts (TTT : 4 hours)

- Daybooks (Cash, Bank, Columnar Analysis type, Journals)

- Postings

- Printing of Checklists, Reports such Subsidiary Ledgers, General Ledgers

- Finalisation

- Financial Statements (Trial Balance, Profit and Loss / Balance Sheet)

- Closing and reopening of Books for Subsequent Financial Years after audit.

D. Financial Analysis Tools (TTT : 6hours)

- Cash Flow, Funds Flow Statements, Ratio Analysis, Budget vs. Actual Expenditures, Sales

Analysis, Trend Analysis, Consolidation, security review

- Backup, restore, audit trail / transaction trail

- Accessing database, Querying, exporting data from MS_EXCEL/MS_ACCESS for financial

analysis

E. Weaknesses to look for in Accounting Packages (TTT : 2 hours)

- Password controls not strong

- Lack of the following Audit Trails

Authorisation Signature

Log of data modification

Log of deleted data

Log of user accesses of files

Before and after images of altered data

Missing and duplicate serial numbers

Warning on duplicate entries

- Unauthorised modification of Heads of account

- Non-Provision for freezing entered data

- Back up provisions inadequate

- Limited number crunching capacity

- Easy exit to operating system

- Usage of unencrypted files

- Inadequate controls on automatic entries

- Inflexibility of document formats

- Inability to add / rename fields

Introduction to Other Accounting Packages (TTT : 2 hours)

Computer Aided Audit Techniques Duration : 12 hours

A. Controls and Auditing in Computer Environment (TTT : 2 hours)

- Frequently used checks such as

Field Checks numeric, Alpha, Lower Limit, Upper Limit, Range, Slab, Valid

Codes, Sign test, check digits

- Group of Fields Tests

- Record Level Tests,

- Group of Records Tests

- Table Level Tests and Checks such as control totals, hash totals

- Inter table tests like Master present, Master missing

- System and inter system tests

- Reasonableness checks (Materiality)

B. Audit Techniques (TTT : 3 hours)

- Review of Systems

- Test data Checking (Simple, compound and complex errors)

- Test data pack

- Test data generation

- Parallel processing

- Parallel programming

- Source Code Review

- Examination of Audit trail

- Log file review

- Random sampling Techniques

- Using Generalized Audit Software

- Using Audit Routines as part of regular software

- Using separate audit programs

- Audit systems

- Audit of Systems Development process (including system documentation)

- Audit of SDLC (Systems Development Life Cycle)

- Pre / Concurrent / Post Audit of Transactions

C. Cyber Audit using remote logins (TTT : 3 hours)

- Audit by simulation of errors, frauds

- Audit of Data Security such as online, offline, offsite backups

- Audit of System Security such as logins, access rights

- System Performance Audit

D. Data Extraction and Analysis Tools using SQL commands (TTT : 2 hours)

E. Different Tools available in RDBMS / ERP useful in Audit (TT : 2 hours)

Web Technology & System Security and Maintenanc Duration : 10 hours e

A. Web Technology (TTT : 2 hours)

- Internet

- Mailing Services

- Internet Addressing

- Browser

- www

- Placements

B. Telnet, Internet Telephony (TTT : 1 hours)

C. Reference sites (TTT : 1 hour)

D. Internet security& System security (TTT : 2 hour)

- System preventive maintenance(virus scan, defragmentation, junk file

deletion, tracking record deletion)

System security( password, Network setting)

G. E-Commerce (TTT: 2 hours)

- Web Commerce

- Advertisement

- Purchase Online

- Payment Gateways

H. Electronic Data Interchange (EDI) (TTT: 2 hours)

- What is EDI?

- Components of EDI

INTRODUCTION TO VISUAL BASIC (5 HOURS )

DIGITAL SIGNATURE AND VERIFICATION OF ELECTRONIC RECORD (2 Hours )

2009-10-08T17:51:00.000+05:30

100 HOURS INFORMATION TECHNOLOGY TRAINING

1. What is Information Technology Training (ITT)? When will it commence?

While studying PCC a student has to pursue a course on 100 Hours ITT.

2. Who will conduct this training?

Board of Studies has accredited various Regional Councils and Branches of the ICAI for conducting 100

Hours ITT. A list of the accredited branches is available on the website www.icai.org.

3. Is there any separate fees for undergoing the training?

Yes. The Regional Councils and various Accredited Branches will charge fees of Rs. 4000.

4. Should a student register with the Board of Studies for undergoing ITT and pay separate

registration fees?

When a student registers for articled / audit training and PCC with the Institute, automatically he is granted

registration for ITT. No separate fees is chargeable for registration of ITT with the Institute.

5. Will the Board of Studies provide any study materials for ITT?

Yes. The Board of Studies will offer a set of study modules covering various topics of the ITT which a

student should study while undergoing the training. This will be made available along with the study

materials.

6. Can a student undergo ITT from the first day of registration of articled / audit training and PCC?

Is there any preparation time before joining ITT?

A student can join PCC and articled / audit training by registration with the Institute and simultaneously he is

granted registration for ITT. But it will be difficult for a student to join ITT on the same day as there is

academic linkage between ITT and Information Technology subject covered in PCC. Prior knowledge of

introductory chapters of Information Technology subject is considered to be useful in appreciating various

sessions of ITT. Also there is a need for appreciating functions of an articled / audit trainee and role of

Information Technology therein. Therefore, a student is allowed to join ITT only on completion of three

months of articled / equivalent period of audit training.

7. Is 100 Hours ITT part of the articleship training stated in Section E?

Yes, it is the part of the training. But, for attending 100 Hours ITT, an articled assistant should take

permission of the MIT / Principal.

8. What is the syllabus of ITT?

The detailed syllabus is given below .

9. What is the course duration and break up of various modules of 100 Hours Information

Technology Training (ITT)?

The duration for Information Technology Training is 100 Hours. Presently, it is covered in 20 days @ 5

hours per day. The duration of various topics are as given below:

Sl. No. Topic Duration

1. Computer Fundamentals 1 hr.

2. Operating Systems 6 hrs.

3. MS-Word 6 hrs.

4. MS-Excel 15 hrs.

5. MS-PowerPoint 5 hrs.

6. Data Bases 15 hrs.

7. MS-Office utilities 3 hrs.

8. Accounting package 20 hrs.

9. Computer Aided Audit Techniques 12 hrs.

10. Web Technology & System Security and Maintenance 10 hrs.

11. Introduction To Visual Basic 5 hrs.

12 Digital Signature And Verification of Electronic Record 2 hrs.

Total 100 hrs.

In addition, a student is required to submit a project based on topics learnt during the training.

10. Is there any Final Examination?

Yes, the Final online examination would comprise of 200 objective type questions of 1½ mark each totaling

300 marks. The weightage of final online examination is 60%. The duration of the same is 3 hours. The final

online examination is to be conducted by the accredited Branches on any Sunday of the month in

coordination with ICAI.

11. What is the evaluation pattern of 100 Hours ITT?

Evaluation comprises of 3 components as stated below:

Weightage out of 100%

Module tests 20%

Project 20%

Final online examination 60%

A student is required to obtain 60% in aggregate taking into account module tests, project and final

examination. In case a student fails to secure 60% or more in aggregate, he / she may be allowed to

reappear for online exam for maximum two more attempts. No fee shall be charged by the accredited

Branches for such reappearance. However, if a student fails to secure 60% marks even after three attempts,

he / she may have to pay a nominal fee not exceeding Rs.300 to the accredited branch for every additional

attempt.

12. Will the Institute issue certificate for completion of 100 Hours ITT?

Yes, respective Accredited Branches of the Institute, to which a student belongs, will issue certificate for

completion of 100 Hours ITT.

13. I am a student of PE – II, I have not yet undergone computer training. I will continue with PE – II.

Should I have to undergo 100 Hours Information Technology Training?

All such students are permitted to undergo 100 Hours ITT.

DETAILED SYLLABUS Total duration: 100 Hours

COMPUTER FUNDAMENTALS Duration: 1 Hour

A. Introduction to Computers (Target Teaching Time (TTT): 1 Hour)

Introduction to Computers

 Characteristics of Computers

The Computer System

 Categories of Computers (Micros to Super Computers)

 Parts of Computers: CPU, BUS, I/O CO Processors, Ports (serial and

parallel), Expansion slots, Add on Cards, On board Chips, LAN cards, Multi

media cards , Cache Memory, Buffers, Controllers and drivers

 I/O Devices

(Demonstration of the Computer System)

OPERATING SYSTEMS Duration: 6 hours

A. Introduction to Operating Systems (TTT: 1 Hour)

B. An overview of various operating systems (TTT: 2 Hours)

(Unix / Linux, DOS, Windows)

C. Features of latest Windows Operating Systems (TTT: 3 Hours)

INTRODUCTION TO WORD PROCESSOR Duration: 6 Hours

A. Introduction to MS-Word 2000 (TTT: 2 Hours)

 Getting started with MS-Word

 Document Creation – How to create document.

 Word Document Manipulation

 Mail Merge

 Printing a Word Document

B. Tables handling (TTT: 1 Hour)

 Formatting the Tables

 Inserting, filling and formatting a table

 Designing complex Tables

C. Finding, Replacing and Proofing Text (TTT: 1 Hour)

 Finding and Replacing Text

 Editing and Proofing Text

 Spell check and correction

 Grammar Check and correction

 Image Handling

D. Creating Macros (TTT: 2 Hours)

 Sending E-mail from Word

 Import / Export of files

 Converting Word Document to Web Document, PDF files

 Hyperlinks and OLE

 Security features in MS-Word

 Protection of Documents

 Password for Documents

 Checking for viruses in macros

INTRODUCTION TO ELECTRONIC SPREAD SHEETS Duration: 15 Hours

A. Introduction to MS-Excel 2000 (TTT: 1 Hour)

 Applications of Electronic Spreadsheets

 Features of MS-Excel

 Starting MS-Excel

 What is a workbook?

 Using sheets in a Workbook

 Entering Data

 Entering Series

 Editing Data

 Clearing Cells

 Saving a Workbook

 Closing a Workbook

 Quitting MS-Excel

B. Cell Referencing, Ranges and Functions (TTT: 3 Hours)

 Cell Referencing

 Ranges

 Range Names

 Formulae

 Functions: Mathematical, Statistical

 Financial Functions such as NPV (Net present value), Future value, IRR (Internal

Rate of Return), EMI (Equated Monthly Instalments, Compounding Yearly, periodic

and monthly)

 Auto Sum

 Auto Calculate

 Using Names in a Formula

 Formula Error Messages

 Formula Editing

 Copying Formulae

C. Formatting Worksheets and Creating Charts (TTT: 2 Hours)

 Working with Worksheets

 Restructuring Worksheets

 Formatting Data

 Entering Data Quickly

 Creating Charts

 Graphical presentation Such as Lines, Bars, Stacked Bars, Pie

D. Data Forms and Printing (TTT: 3 Hours)

 Database

 Data Form

 Sorting Data

 Filtering

 Creating Subtotals

 Pivot Table

 Printing in Excel

E. Creating Macros (TTT: 3 hours)

Import/export of data for MIS

Opening non-Excel files in Excel

Using passwords/protecting worksheets

Spreadsheet Applications

F. Data Analysis through Excel (TTT: 3 Hours)

INTRODUCTION TO PRESENTATION SOFTWARE Duration: 5 Hours

A. Introduction to MS-Power Point 2000 (TTT: 1 Hour)

 Use of Wizards and Templates

 Preparing Presentations

 Slides

 Handouts

 Speaker’s Notes

 Outlines

 Media Clips

 Charts

 Graphs

B. Starting MS-Power Point (TTT: 1 Hour)

 The MS-Power Point Window

 The MS-Power Point Views

 Presentations and Slides

 Creating a New Presentation

Creating a new Slide

 Changing the layout for a Slide

 Deleting a Slide

 Running a Slide Show

 Saving a Presentation

C. Working with Slides, Slide Show and Printing Presentation (TTT: 3 Hours)

 Opening a Presentation

 Changing the Order of the Slides

 Editing the Slide Master

 Changing the Colour Schemes

 Changing the Background

 Adding text

 Adding Clip Art /scanned objects

 Working with word art

 Drawing Objects

 Working with Slide Show

 Setting up a slide show

Controlling the Slide Show

 Adding the Transitions to the Slide Show

 Special effects in detail

 Setting Slide timings

 Printing a Presentation

 Pack and Go

 Creating and using Standard Templates

DATA BASES Duration: 15 Hours

A. Data Base Basics (TTT: 2 Hours)

Types of Databases: List, Hierarchical, Network, Relational (RDBMS)

DDL (Data Definition Language)

DML (Data Manipulation Language)

DA (Data Administration)

SQL (Structured Query Language)

B. Introduction to Data Base Management System (DBMS) (TTT: 2 Hours)

Introduction to MS Access

 What is MS-Access?

 What are databases used for?

 Component of databases

 Opening file in Access

 Managing databases from the Database/ Access wizard

 Navigating in Access

 Navigating with the databases/Access wizard

 Navigating with switchboard -wizard

 Entering data in a database

 Entering data by hand

 Entering data using a form

 Importing information into a database

 Linking a table from another database

Exporting Information from a database

 Saving Information in a database

 Closing a database and Existing Access

C. Building and Customizing a Database (TTT: 2 Hours)

 Building databases using the Access

 Building a database by self

 Working with tables

 Building tables with the table

 Renaming the table

 Working with forms

 What is a form?

 Creating a form with the Form Wizard

 Working with the form with the form Wizard

 Working with the form

 Modifying a form

D. Programming (TTT: 5 Hours)

Structured Query Language (SQL)

 Creating Macros

 Saving & Executing a Macro

 Running a Macro

E. Working with Queries and Reports (TTT: 3 Hours)

Working with queries

 Creating a Query

 Modifying a Query

Working with reports

 Creating a report with the report wizard

 Creating a report with Auto report

 Opening a report

 Applying an auto format to the report

 Report Sequence, Data source

 Page Size, Margins (Left, Top, Right, Bottom)

 Report Headers

 Page Headers, Numbers, Reporting date, For the period details, Page Footers

 Columns (Column Source, Title, Formatting numeric, character, date, amount

(DR/CR), Totalling)

 Group Suppression of repeated lines

 Inter column space

 Groups (Group Bands, Grouping Fields)

 Detailed Reports, Summary Reports

 Report output controls (Pages, control totals, summary)

Printing of reports (including lables)

F. Importing and linking Data (TTT: 1 Hour)

 Compacting a Database

 Backing up a Database

OTHER UTILITIES AND OFFICE AUTOMATION TOOLS Duration: 3 Hours

A. Scheduler, Calendar, Microsoft Binder (TTT: 1 Hour)

B. Outlook 2000 (TTT: 2 Hours)

 Configuring Outlook for your email.

 Sending, receiving and managing the email, mail polling, mail merge to a database

file.

 Sending and viewing attachments.

 Acting on messages

 Recalling, printing, and moving messages

 Searching for, and subscribing to, mailing lists.

 Using Outlook to subscribe to, and viewing Newsgroups

ACCOUNTING PACKAGES Duration: 20 Hours

A. Basic Concepts relating to Financial Accounting (TTT: 3 Hours)

 Chart of Accounts, Concept of Financial Year

 The General Ledger Master (Entering Opening Balances)

 Grouping of GL Accounts

 The Sub Ledger Master (Entering Party Accounts Debtors and Creditors)

 Types of Sub ledger (Open type and Brought Forward type)

 Types of Transactions [Main Cash receipts and payments, Petty Cash receipts and

payments, Bank deposits, cheques and bank charges, Journal vouchers (Debits and

Credits)]

B. Introduction to any Window based Accounting Package (TTT: 3 Hours)

 Installing & Starting the package

 Setting up a new Company

 Setting up account heads

 Voucher Entry

 Viewing & editing data

C. Generating Books of Accounts (TTT: 4 Hours)

 Daybooks (Cash, Bank, Columnar Analysis type, Journals)

 Postings

Printing of Checklists, Reports such Subsidiary Ledgers, General Ledgers

 Finalisation

 Financial Statements (Trial Balance, Profit and Loss / Balance Sheet)

 Closing and reopening of Books for Subsequent Financial Years after audit.

D. Financial Analysis Tools (TTT: 6 Hours)

 Cash Flow, Funds Flow Statements, Ratio Analysis, Budget vs. Actual Expenditures,

Sales Analysis, Trend Analysis, Consolidation, security review

 Backup, restore, audit trail / transaction trail

 Accessing database, Querying, exporting data from MS_EXCEL/ MS_ACCESS for

financial analysis

E. Weaknesses to look for in Accounting Packages (TTT: 2 Hours)

 Password controls not strong

 Lack of the following Audit Trails

 Authorisation Signature

 Log of data modification

 Log of deleted data

 Log of user accesses of files

 Before and after images of altered data

 Missing and duplicate serial numbers

 Warning on duplicate entries

 Unauthorised modification of Heads of account

 Non-Provision for freezing entered data

 Back up provisions inadequate

 Limited number crunching capacity

 Easy exit to operating system

Usage of unencrypted files

 Inadequate controls on automatic entries

 Inflexibility of document formats

 Inability to add / rename fields

F Introduction to Other Accounting Packages (TTT: 2 Hours)

COMPUTER AIDED AUDIT TECHNIQUES Duration: 12 Hours

A. Controls and Auditing in Computer Environment (TTT: 2 Hours)

 Frequently used checks such as Field Checks numeric, Alpha, Lower Limit, Upper

Limit, Range, Slab, Valid Codes, Sign test, check digits

 Group of Fields Tests

 Record Level Tests

 Group of Records Tests

 Table Level Tests and Checks such as control totals, hash totals

 Inter table tests like Master present, Master missing

 system and inter system tests

 Reasonableness checks (Materiality)

B. Audit Techniques (TTT: 3 Hours)

 Review of Systems

 Test data Checking (Simple, compound and complex errors)

 Test data pack

 Test data generation

 Parallel processing

 Parallel programming

 Source Code Review

 Examination of Audit trail

 Log file review

Random sampling Techniques

 Using Generalized Audit Software

 Using Audit Routines as part of regular software

 Using separate audit programs

 Audit systems

 Audit of Systems Development process (including system documentation)

 Audit of SDLC (Systems Development Life Cycle)

 Pre / Concurrent / Post Audit of Transactions

C. Cyber Audit using remote logins (TTT: 3 Hours)

 Audit by simulation of errors, frauds

 Audit of Data Security such as online, offline, offsite backups

 Audit of System Security such as logins, access rights

 System Performance Audit

D. Data Extraction and Analysis Tools using SQL commands (TTT: 2 Hours)

E. Different Tools available in RDBMS / ERP useful in Audit (TTT: 2 Hours)

WEB TECHNOLOGY & SYSTEM SECURITY AND MAINTENANCE Duration: 10 Hours

A. Web Technology (TTT: 2 Hours)

 Internet

 Mailing Services

 Internet Addressing

 Browser

 www

 Placements

B. Telnet, Internet Telephony (TTT: 1 Hour)

C. Reference sites (TTT: 1 Hour)

D. Internet security & System security (TTT: 2 Hours)

 System preventive maintenance (virus scan, defragmentation, junk file deletion,

tracking record deletion) System security ( password, Network setting)

E. E-Commerce (TTT: 2 Hours)

 Web Commerce

 Advertisement

 Purchase Online

 Payment Gateways

F. Electronic Data Interchange (EDI) (TTT: 2 Hours)

 What is EDI?

 Components of EDI

INTRODUCTION TO VISUAL BASIC Duration: 5 Hours

DIGITAL SIGNATURE AND VERIFICATION

OF ELECTRONIC RECORD Duration: 2 Hours

100 Hours Information Technology Training

2009-10-08T17:49:00.000+05:30

100 Hours Information Technology Training

1. Registration for the scheme

This course should be undergone by a student who has taken admission to Professional Competence

Course and registered for articled / audit training. On completion of 3 months of articled training, a

student can join ITT with an accredited Branch. Students who have already registered themselves for

Professional Competence Course and articled / audit training shall be issued registration letter for 100

Hours ITT automatically.

Existing students of Professional Education (Course-I) and Professional Education (Course-II) who have

not yet undergone 250 Hours Compulsory Computer Training and wish to continue under the existing

syllabus should also undergo 100 hours ITT. It is further clarified that existing students of Professional

Education (Course-I) and Professional Education (Course-II), who wish to switch over to new course and

join PCC and articled training, should commence 100 hours ITT on completion of 3 months of articled

training.

Those students of Professional Education (Course II) who have undergone 250 Hours of Compulsory

Computer Training during their PE-Course-I or PE-Course-II are not required to undergo 100 Hours

Information Technology Training.

A student can join any of the accredited Regional Office/Branch IT Centre for undergoing this training.

The details of accredited Regional Office/Branch IT Centres are hosted on the Student Online page at

www.icai.org.

2. Fees payable to the accredited Branch ITT Centre for undergoing the computer training

The fee payable to the Branch for ITT is Rs. 4,000.

The course fee is inclusive of all costs such as the cost of registration for the course, library fee, computer

and Internet usage charges and cost of conducting training, module tests, project and final online

examination. It also includes the cost for evaluation, marking, preparing results, for issuance of completion

certificate and submitting the list of eligible candidates to the Board of Studies, ICAI, Noida.

Disabled students are exempted from undergoing 100 Hours ITT with accredited Branches. They have to

self-study the course materials for at least three months and qualify two specially designed test papers

supplied by the concerned Regional Office.

3. Training Duration

The fresh batches shall start in the first week of each month. Students are required to undergo 100 Hours

ITT with the accredited branch. The Branches can follow a teaching module of 3-5 hours per day, covering

100 hours in maximum 40 days including Sundays. The Board of Studies can change this training plan.

A student should not appear for the final online examination before he/she completes the minimum training

period prescribed in the training programme.

4. Course Structure and Training Methodology

The syllabus designed by the Board of Studies for 100 hours of Information Technology Training shall be

imparted as per the specified training hours stated in Para (6). The faculty members are required to

adhere to this schedule. The course should be supported by intensive practical exercises so that the

concepts are clearly understood by the students.

There may be additional seminars/lectures up to maximum of 5 hours to keep the students informed about

the latest developments in the area of Information Technology which are of relevance for accounting

profession.

5. Study Material from the Board of Studies

The Board of Studies has brought out study material in the form of printed study modules I & II and a set

of 7 CDs. On registration with the Board of Studies for 100 Hours ITT and PCC, the students get this

comprehensive Study Material. The printed modules include detail discussion on all the topics included in

the syllabus. However, the CDs which are interactive in nature cover 68 hours of ITT as per the details

given below :

Students be advised to study the appropriate course modules in detail before the relevant classes are

conducted by the accredited branch. The Prospectus of PCC contains detailed rules regarding 100 Hours

ITT. Students be advised to go through these guidelines carefully before undergoing 100 Hours ITT. In

addition, the Board of Studies announces from time to time any change in such guidelines through

Students’ Newsletter – “The Chartered Accountant Student”. Such changes are also hosted on the

Institute’s Website – www.icai.org. While undergoing 100 Hours ITT, a student should remain in constant

touch with the Chairman of the accredited Branch.

6. Allocation of time for different Topics

The allocation of time for various topics of the syllabus will be as follows:

Sl. No. Topic Duration

1. Computer Fundamentals 1 hr.

2. Operating Systems 6 hrs.

3. MS-Word 6 hrs.

4. MS-Excel 15 hrs.

5. MS-PowerPoint 5 hrs.

6. Data Bases 15 hrs.

7. MS-Office utilities 3 hrs.

8. Accounting package 20 hrs.

CD No Topics Module & Chapter Wise reference

of Study Modules

1. Computer Fundamentals, Operating Systems Module-I and Chapters-1 & 2

2. MS-Word Module-I and Chapter-3

3. MS-Excel Module-I and Chapter-4

4. MS-PowerPoint Module-I and Chapter-5

5. Data Bases and MS Office Utilities Module-II and Chapters-6 & 7

6. Introduction To Visual Basic Module-II and Chapter-11

7. Web Technology and E-Commerce, Digital

Signature And Verification Of Electronic Records

Module-II and Chapters-10 & 12

9. Computer Aided Audit Techniques 12 hrs.

10. Web Technology & System Security and

Maintenance

10 hrs.

11. Introduction To Visual Basic 5 hrs.

12 Digital Signature And Verification of Electronic

Record

2 hrs.

Total 100 hrs.

7. Module tests

Each student is required to pass two module tests. These tests are to be conducted by Branches in

consultation with the Board of Studies of the ICAI. The evaluation and moderation of test papers is to be

carried out by the Branch IT Centre.

Each module test shall be of 50 marks. The module test may comprise of objective type questions as well

as short questions. The duration of the module test will be one hour. Evaluation of the module test is to be

done by the centre faculty. A student is required to pass both modules tests by securing at least 50%

marks in individual test. In case a student fails to do so, one reappearance for each test may be allowed

free of cost. For any additional reappearance, the student is required to pay a nominal fee of Rs. 150/- per

test.

8. Project

Each student is required to submit a multi-disciplinary project of 100 marks. The students should endeavor

to use most of the software/techniques learnt during their training while developing this project based on

some real-life application. The Project report may be submitted both in hard copy and the soft copy with

the Branch IT Centre.

9. Attendance

The Accredited Branches maintain a proper attendance record. A student is required to have minimum 90%

attendance.

10. Eligibility for Final Online Examination

After undergoing the training for specified duration, a student becomes eligible for the Final online examination

only if he fulfils the following criteria:

(i) 90% Attendance;

(ii) Clearance of the two module tests;

(iii) Submission of the project; and

(iv) Full fee is paid.

11. Final Online Examination

The final online examination would comprise of 200 objective type questions of 1.5 marks each totaling

300 marks. The weightage of final online examination is 60%. The duration of the same is 3 hours.

The final online examination is to be conducted by the accredited branches on any Sunday of the month

in coordination with BOS.

On the day of the examination, a student is required to go to the designated IT Centre and take the on-line

examination. A student would not be allowed to exceed the allotted time. Questions will be generated randomly

for the students appearing for the online examination. The total number of questions generated for each topic

must be in accordance to the total number of hours of training allocated to that topic. Once the student

commences the examination, he is expected to complete the paper without any break.

The evaluation is to be done on-line.

12. Criteria for qualifying the training

A student is required to obtain 60% in aggregate taking into account module tests, project and final

examination. In case a student fails to secure 60% or more in aggregate, he /she may be allowed to

reappear for online exam for maximum two more attempts. No fee shall be charged by the accredited

branches for such reappearance. However, if a student fails to secure 60% marks even after three

attempts, he/she may have to pay a nominal fee not exceeding Rs. 300/- to the accredited branch for

every additional attempt.

13. Certification

The training completion certificate as well as passing certificate will be issued directly by the concerned

Accredited Branch of the ICAI. The nomenclature of the course is "C.A. Student Information Technology

Training".

Articled Training / Audit Training

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The unique requirement of practical training is instrumental in shaping a well -rounded professional to ensure that students have an opportunity to acquire on-the-job work experience of a professional nature. Such a practical training:

Inculcates a disciplined attitude for hard work;
Develops necessary skills in applying theoretical knowledge to practical situations;
Provides exposure to overall socio-economic environment in which organisations operate; and
Develops ethical values.

Under the New Scheme of Education & Training 3 ½ years of articleship training has been designed to strike a balance between theoretical education and practical training.

A student can also undergo audit training. Eight months of audit trainin g is treated as equivalent to six months of articleship training.

2009-09-24T21:04:00.000+05:30

Q. 8 What is the difference between PCC and IPCC?
Ans. The following table will clarify the difference between the
existing Professional Competence Course and the newly launched
Integrated Professional Competence Course.

pcc and articleshipon pcc ipcc
or before 31st jan 2009/
get registerd for ipcc
without articleship.

pcc/ipcc - exam due november2010 november2009

results of pcc/ipcc exam january 2011 january 2009

registration of articleship
under ipcc NA january 2010

completion of articleship
under pcc/ipcc january 2012 january 2013

final exam due november 2012 november 2012

results of final exam january 2013 january 2013

2009-09-24T21:03:00.002+05:30

Q. 3 When will the Articleship commence under new scheme of
IPCC Education, training and examination?
Ans. The student will be eligible for registration for articleship after
passing Group I of IPCC and the period of Articleship will be three
years for fresh students registered under IPCC effective from 03rd
December, 2008 while the period of Articleship will continue to be 3 ½
years for students converted from PCC to IPCC.
Q. 4 Whether any period of Articleship completed by a student
under PCC scheme of education, training and examination
will be counted under new scheme of IPCC?
Ans. Yes. The period of Articleship will remain 3 ½ years and the
period so served as an articled assistant under PCC scheme of
education, examination and training, will be reckoned for the purpose
of completing 3 ½ years of Articleship under IPCC.
Q. 5 Whether the articled assistant needs to take termination
before joining IPCC?
Ans. No. An articled assistant will have the option to either continue
with the article training as per articled deed already executed or take
termination at the time of joining IPCC.
Q. 6 Whether the period of Articleship will be reduced from
3½ years under PCC to 3 years under IPCC upon
conversion?
Ans. No. The period of Articleship shall remain 3 ½ years even after
conversion from PCC to IPCC.
Q. 7 When will the attempt become due for appearing in Final
examination under IPCC scheme of education after
conversion from PCC?
Ans. A student of final examination through PCE route can appear in
the final examination only after completion of 3 ½ years of Articleship.
Whereas a student of PCE converting to IPCC will be eligible to appear
in final examination during the last six months of training and will be
required to be in service as on the first day of the month of
examination.

2009-09-24T21:03:00.001+05:30

Q. 2 Whether a student of PCC will have to undergo nine
months of study course on conversion to IPCC?
Ans. Yes. Irrespective of the period served as articled assistant under
PCC scheme of education, a student will have to undergo a study
course for a period not less than nine months and complete ITT course
and study course within the nine months period in order to be eligible
to appear in either group or both groups of IPCC.
It is stated that nine months period will be counted w.e.f. date of
conversion / registration to IPCC. It is clarified that any period served
under PCC will not be counted for the purpose of nine months study
course of IPCC.

How to convert from pcc to ipcc

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Transition provisions for existing students of Professional
Competence Course for conversion to Integrated Professional
Competence Course
Q.1 Whether a student of Professional competence Course can
apply for conversion to Integrated Professional Competence
Course?
Ans. Yes. A student of PCC can apply for conversion to IPCC in the
prescribed form [can be downloaded from www.icai.org] alongwith
prescribed fee [both groups Rs. 6000/- and group I Rs. 5000/-].
Students can obtain the prospectus of IPCC for Rs. 100/- from any
nearest Branch office of the Institute.
For example, a student of PCC for being eligible to appear in IPCC in
November, 2009, the conversion application form needs to be
submitted / received in the office of the Institute on or before 31st
January, 2009. Similarly for the May, 2010 examination, the
conversion form should be received in the Institute on or before 31st
July, 2009.

Strategic Management

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Section B: Strategic Management (50 marks)

Objectives:

(a) To develop an understanding of the general and competitive business environment;

(b) To develop an understanding of strategic management concepts and techniques;

Contents:

1. Business Environment

General environment - demographic, socio-cultural, macro-economic, legal/political, technological, and

global; competitive environment.

2. Business Policy and Strategic Management

Meaning and nature; strategic management imperative; vision, mission and objectives; strategic levels in

organisations.

3. Strategic Analyses

Situational analysis – SWOT analysis, TOWS matrix, portfolio analysis - BCG matrix.

4. Strategic Planning

Meaning, stages, alternatives, strategy formulation.

5. Formulation of Functional Strategy

Marketing strategy, financial strategy, production strategy, logistics strategy, human resource strategy.

6. Strategy Implementation and Control

Organisational structures; establishing strategic business units; establishing profit centers by business,

product or service, market segment or customer; leadership and behavioural challenges.

7. Reaching Strategic Edge

Business process re-engineering, benchmarking, total quality management, six sigma, contemporary

strategic issues.

Information Technology

2009-09-24T13:36:00.000+05:30

Section A: Information Technology ( 50 Marks)

Objective:

To develop an understanding of Information Technology and its use by the business as facilitator and driver.

Contents:

1. Introduction to Computers

(a) Computer hardware

Classification of computers – personal computer, workstation, servers and super computers

Computer components – CPU, input output devices, storage devices

(b) BUS, I/O CO processors, ports (serial, parallel, USB ports), expansion slots, add on cards, on board

chips, LAN cards, multi media cards, cache memory, buffers, controllers and drivers

Systems software – operating system, translators (compilers, interpreters and assemblers), system

utilities

General purpose software/ utilities - word processor, spread sheet, DBMS, scheduler / planner,

internet browser and e-mail clients

Application software – financial accounting, payroll, inventory

Specialised systems – Enterprise Resource Planning (ERP), artificial intelligence, expert systems,

decision support systems – an overview

2. Data Storage, Retrievals and Data Base Management Systems

(a) Data and information concepts: bits, bytes, KB, MB, GB, TB

(b) Data organization and access

Storage concepts : records, fields, grouped fields, special fields like date, integers, real, floating,

fixed, double precision, logical, characters, strings, variable character fields (Memo); key, primary

key, foreign key, secondary key, referential integrity, index fields.

Storage techniques: sequential, block sequential, random, indexed, sequential access, direct access,

random access including randomizing

Logical structure and physical structure of files

Need for database, administration, models, DML and DDL (query and reporting); data dictionaries,

distributed data bases, object oriented databases, client server databases, knowledge databases

(d) Backup and recovery – backup policy, backup schedules, offsite backups, recycling of backups,

frequent checking of recovery of backup

(e) Usage of system software like program library management systems and tape and disk management

systems – features, functionalities, advantages

(f) Data mining and data warehousing - an overview

3. Computer Networks & Network Security

(a) Networking concepts – need and scope, benefits

Classification: LAN, MAN, WAN, VPN; peer-to-peer, client server

Components - NIC, router, switch, hub, repeater, bridge, gateway, modem

Network topologies – bus, star, ring, mesh, hybrid, architecture : token ring, ethernet

transmission technologies and protocols – OSI, TCP/IP, ISDN etc.

Network operating system

(b) Local Area Networks – components of a LAN, advantages of LAN

Limitation of single user systems and need for client server technology

Servers – database, application, print servers, transaction servers, internet servers, mail servers, chat

servers, IDS

Introduction to 3-tier and “n” tier architecture (COM, COM+)

(d) Data centres: features and functions, primary delivery centre and disaster recovery site

(e) Network security need; threats and vulnerabilities; security levels; techniques

4. Internet and other technologies

(a) Internet and world-wide web, intranets, extranets, applications of internet, internet protocols

(b) E-commerce - nature, types (B2B, B2C, C2C), supply chain management, CRM, Electronic Data

Interchange (EDI), Electronic Fund Transfers (EFT), payment portal, e-commerce security;

5. Flowcharts, Decision Tables.

Information Technology and Strategic Management

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Paper 7: Information Technology and Strategic Management

(One paper – three hours – 100 marks)

Level of Knowledge: Working knowledge

GROUP II - Advanced Accounting

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GROUP II

Paper 5: Advanced Accounting

(One paper – three hours – 100 marks)

Level of Knowledge: Working Knowledge

Objectives:

(a) To have an understanding of the conceptual framework for the preparation and presentation of financial

statements;

(b) To gain working knowledge of the professional standards and application of accounting principles to

different practical situations; and

Contents

1. Conceptual Framework for Preparation and Presentation of Financial Statements

2. Accounting Standards

Working knowledge of:

AS 4 : Contingencies and Events occurring after the Balance Sheet Date

AS 5 : Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies

AS 11: The Effects of Changes in Foreign Exchange Rates (Revised 2003)

AS 12: Accounting for Government Grants

AS 16: Borrowing Costs

AS 19: Leases

AS 20: Earnings Per Share

AS 26: Intangible Assets

AS 29: Provisions, Contingent Liabilities and Contingent Assets.

3. Advanced Issues in Partnership Accounts

Dissolution of partnership firms including piecemeal distribution of assets; Amalgamation of partnership

firms; Conversion into a company and Sale to a company.

4. Company Accounts

(a) Accounting for employee stock option plan, Buy back of securities, Equity shares with differential rights,

Underwriting of shares and debentures, Redemption of debentures

(b) Advanced problems for business acquisition, Amalgamation and reconstruction (excluding problems of

amalgamation of inter-company holding)

accounts) and Iiquidator’s statement of account of the winding up.

(d) Financial Statements of Banking, Insurance and Electricity Companies

5. Accounting for Special Transactions

Departmental and branch accounts including foreign branches

Note :

If either old Accounting Standards (ASs), Announcements and Limited

Revisions to ASs are withdrawn or new ASs, Announcements and Limited Revisions to ASs are issued by

the Institute of Chartered Accountants of India in place of existing ASs, Announcements and Limited

Revisions to ASs, the syllabus will accordingly include/exclude such new developments in place of the

existing ones with effect from the date to be notified by the Institute.

Paper 6: Auditing and Assurance

(One paper – three hours – 100 marks)

Level of knowledge: Working Knowledge

Objective:

To understand objective and concepts of auditing and gain working knowledge of generally accepted auditing

procedures and of techniques and skills needed to apply them in audit and attestation engagements and solving

simple case-studies.

Contents

1. Auditing Concepts – Nature and limitations of Auditing, Basic Principles governing an audit, Ethical

principles and concept of Auditor’s Independence, Relationship of auditing with other disciplines.

2. Auditing and Assurance Standards – Overview, Standard-setting process, Role of International Auditing

and Assurance Standards Board and Auditing and Assurance Standards Board in India.

3. Auditing engagement – Audit planning, Audit programme, Control of quality of audit work–Delegation

and supervision of audit work.

4. Documentation – Audit working papers, Audit files: Permanent and current audit files, Ownership and

custody of working papers.

5. Audit evidence – Audit procedures for obtaining evidence, Sources of evidence, Reliability of audit

evidence, Methods of obtaining audit evidence, Physical verification, Documentation, Direct confirmation,

Re-computation, Analytical review techniques, Representation by management.

6. Internal Control – Elements of internal control, Review and documentation, Evaluation of internal control

system, Internal control questionnaire, Internal control check list, Tests of control, Application of concept of

materiality and audit risk, Concept of internal audit.

7. Internal Control and Computerized Environment, Approaches to Auditing in Computerised Environment.

8. Audit Sampling – Types of sampling, Test checking, Techniques of test checks.

9. Analytical review procedures.

10. Audit of payments – General considerations, Wages, Capital expenditure, Other payments and expenses,

Petty cash payments, Bank payments, Bank reconciliation.

11. Audit of receipts – General considerations, Cash sales, Receipts from debtors, Other Receipts.

12. Audit of Purchases – Vouching cash and credit purchases, Forward purchases, Purchase returns, Allowance

received from suppliers.

13. Audit of Sales – Vouching of cash and credit sales, Goods on consignment, Sale on approval basis, Sale

under hire-purchase agreement, Returnable containers, Various types of allowances given to customers, Sale

returns.

14. Audit of suppliers’ ledger and the debtors’ ledger – Self-balancing and the sectional balancing system,

Total or control accounts, Confirmatory statements from credit customers and suppliers, Provision for bad

and doubtful debts, Writing off of bad debts.

15. Audit of impersonal ledger – Capital expenditure, deferred revenue expenditure and revenue expenditure,

Outstanding expenses and income, Repairs and renewals, Distinction between reserves and provisions,

Implications of change in the basis of accounting.

16. Audit of assets and liabilities.

17. Company Audit – Audit of Shares, Qualifications and Disqualifications of Auditors, Appointment of

auditors, Removal of auditors, Powers and duties of auditors, Branch audit, Joint audit, Special audit,

Reporting requirements under the Companies Act, 1956.

18. Audit Report – Qualifications, Disclaimers, Adverse opinion, Disclosures, Reports and certificates.

19. Special points in audit of different types of undertakings, i.e., Educational institutions, Hotels, Clubs,

Hospitals, Hire-purchase and leasing companies (excluding banks, electricity companies, cooperative

societies, and insurance companies).

20. Features and basic principles of government audit, Local bodies and not-for-profit organizations,

Comptroller and Auditor General and its constitutional role.

Note: Candidates are expected to have working knowledge of relevant Auditing and Assurance Standards issued

by the ICAI with reference to above-mentioned topics.

Service tax

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Part II: Service tax (25 marks) and VAT (25 marks)

Objective:

To gain knowledge of the provisions of service tax as mentioned below and basic concepts of Value Added

Tax (VAT) in India.

Service tax (25 marks)

Contents:

1. Service tax – concepts and general principles

2. Charge of service tax and taxable services

3. Valuation of taxable services

4. Payment of service tax and filing of returns

VAT (25 marks)

5. VAT – concepts and general principles

6. Calculation of VAT Liability including input Tax Credits

7. Small Dealers and Composition Scheme

8. VAT Procedures.

Note: If new legislations are enacted in place of the existing legislations the syllabus will accordingly include the

corresponding provisions of such new legislations in the place of the existing legislations with effect from

the date to be notified by the Institute. Students shall not be examined with reference to any particular State VAT

Law.

Income-tax

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Part I: Income-tax (50 marks)

1. Important definitions in the Income-tax Act, 1961

2. Basis of charge; rates of taxes applicable for different types of assessees

3. Concepts of previous year and assessment year

4. Residential status and scope of total income; Income deemed to be received / deemed to accrue or arise in

India

5. Incomes which do not form part of total income

6. Heads of income and the provisions governing computation of income under different heads

7. Income of other persons included in assessee’s total income

8. Aggregation of income; set-off or carry forward and set-off of losses

9. Deductions from gross total income

10. Computation of total income and tax payable; rebates and reliefs

11. Provisions concerning advance tax and tax deducted at source

12. Provisions for filing of return of income.

Taxation

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Paper 4: Taxation

(One paper - three hours – 100 marks)

Level of Knowledge: Working knowledge

Objectives:

(a) To gain knowledge of the provisions of Income-tax law relating to the topics mentioned in the contents

below; and

(b) To gain ability to solve simple problems concerning assessees with the status of ‘Individual’; and covering

the areas mentioned in the contents below.

Financial Management

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Part II: Financial Management (50 marks)

Objectives:

(a) To develop ability to analyse and interpret various tools of financial analysis and planning;

(b) To gain knowledge of management and financing of working capital;

(d) To be able to solve simple cases.

Contents:

1. Scope and Objectives of Financial Management

(a) Meaning, importance and objectives

(b) Conflicts in profit versus value maximisation principle

2. Time Value of Money

Compounding and discounting techniques – concepts of annuity and perpetuity.

3. Financial Analysis and Planning

(a) Ratio analysis for performance evaluation and financial health

(b) Application of ratio analysis in decision making

4. Financing Decisions

(a) Cost of Capital – weighted average cost of capital and marginal cost of capital

(b) Capital Structure decisions – capital structure patterns, designing optimum capital structure,

constraints, various capital structure theories

5. Types of Financing

(a) Different sources of finance

(b) Project financing – intermediate and long term financing

(d) Introduction to lease financing

(e) Venture capital finance.

6. Investment Decisions

(a) Purpose, objective, process

(b) Understanding different types of projects

period method, accounting rate of return, net present value, internal rate of return, modified internal

rate of return, discounted payback period and profitability index.

(d) Ranking of competing projects, ranking of projects with unequal lives.

7. Management of working capital

(a) Working capital policies

(b) Funds flow analysis

(d) Receivables management

(e) Payables management

(f) Management of cash and marketable securities

(g) Financing of working capital.

Cost Accounting

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Part I: Cost Accounting (50 marks)

Objectives:

(a) To understand the basic concepts and processes used to determine product costs;

(b) To be able to interpret cost accounting statements;

making; and

(d) To be able to solve simple cases.

Contents:

1. Introduction to Cost Accounting

(a) Objectives and scope of cost accounting

(b) Cost centres and cost units

(d) Coding systems

(e) Elements of cost

(f) Cost behaviour pattern, separating the components of semi-variable costs

(g) Installation of a costing system

(h) Relationship of cost accounting, financial accounting, management accounting and financial

management.

2. Cost Ascertainment

(a) Material Cost

(i) Procurement procedures - store procedures and documentation in respect of receipts and

issue of stock, stock verification

(ii) Inventory control - techniques of fixing of minimum, maximum and reorder levels,

economic order quantity, ABC classification; stocktaking and perpetual inventory

(iii) Inventory accounting

(iv) Consumption - identification with products of cost centres, basis for consumption entries in

financial accounts, monitoring consumption.

(b) Employee Cost

(i) Attendance and payroll procedures, overview of statutory requirements, overtime, idle time

and incentives

(ii) Labour turnover

(iii) Utilisation of labour, direct and indirect labour, charging of labour cost, identifying labour

hours with work orders or batches or capital jobs

(iv) Efficiency rating procedures

(v) Remuneration systems and incentive schemes.

Sub-contracting – control on material movements, identification with the main product or service.

(d) Overheads

(i) Functional analysis – factory, administration, selling, distribution, research and

development

Behavioural analysis – fixed, variable, semi variable and step cost

(ii) Factory overheads – primary distribution and secondary distribution, criteria for choosing

suitable basis for allotment, capacity cost adjustments, fixed absorption rates for absorbing

overheads to products or services

(iii) Administration overheads – method of allocation to cost centres or products

(iv) Selling and distribution overheads – analysis and absorption of the expenses in

products/customers, impact of marketing strategies, cost effectiveness of various methods

of sales promotion.

3. Cost Book-keeping

Cost ledgers – non-integrated accounts, integrated accounts, reconciliation of cost and financial accounts.

4. Costing Systems

(a) Job Costing

Job cost cards and databases, collecting direct costs of each job, attributing overhead costs to jobs,

applications of job costing.

(b) Batch Costing

Progress payments, retention money, escalation clause, contract accounts, accounting for material,

accounting for plant used in a contract, contract profit and balance sheet entries.

(d) Process Costing

Double entry book keeping, process loss, abnormal gains and losses, equivalent units, inter-process

profit, joint products and by products.

(e) Operating Costing System

5. Introduction to Marginal Costing

Marginal costing compared with absorption costing, contribution, breakeven analysis and profit volume

graph.

6. Introduction to Standard Costing

Various types of standards, setting of standards, basic concepts of material and labour standards and variance

analysis.

7. Budgets and Budgetary Control

The budget manual, preparation and monitoring procedures, budget variances, flexible budget, preparation

of functional budget for operating and non-operating functions, cash budget, master budget, principal budget

factors.

Cost Accounting

2009-09-24T12:18:00.001+05:30

Part I: Cost Accounting (50 marks)
Objectives:
(a) To understand the basic concepts and processes used to determine product costs;
(b) To be able to interpret cost accounting statements;
(c) To be able to analyse and evaluate information for cost ascertainment, planning, control and decision
making; and
(d) To be able to solve simple cases.

Cost Accounting and Financial Management

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Paper 3: Cost Accounting and Financial Management
(One paper – three hours - 100 marks)
Level of Knowledge: Working knowledge

Communication

2009-09-24T12:13:00.000+05:30

Part III: Part III: Communication (20 marks)
objective:
To nurture and develop the communication and behavioural skills relating to business.
Contents:
1. Elements of Communication
(a) Forms of communication: formal and informal, inter-departmental, verbal and non-verbal; active
listening and critical thinking
(b) Presentation skills including conducting meeting, press conference
(c) Planning and composing business messages
(d) Communication channels
(e) Communicating corporate culture, change, innovative spirits
(f) Communication breakdowns
(g) Communication ethics
(h) Groups dynamics; handling group conflicts, consensus building; influencing and persuasion skills;
negotiating and bargaining
(i) Emotional intelligence – emotional quotient
(j) Soft skills – personality traits; interpersonal skills; leadership.
2. Communication in Business Environment
(a) Business Meetings – Notice, Agenda, Minutes, Chairperson’s speech
(b) Press releases
(c) Corporate announcements by stock exchanges
(d) Reporting of proceedings of a meeting.
3. Basic Understanding of Legal Deeds and Documents
(a) Partnership deed
(b) Power of Attorney
(c) Lease deed
(d) Affidavit
(e) Indemnity bond
(f) Gift deed
(g) Memorandum and articles of association of a company
(h) Annual Report of a company.
(20 marks)
objective:
To nurture and develop the communication and behavioural skills relating to business.
Contents:
1. Elements of Communication
(a) Forms of communication: formal and informal, inter-departmental, verbal and non-verbal; active
listening and critical thinking
(b) Presentation skills including conducting meeting, press conference
(c) Planning and composing business messages
(d) Communication channels
(e) Communicating corporate culture, change, innovative spirits
(f) Communication breakdowns
(g) Communication ethics
(h) Groups dynamics; handling group conflicts, consensus building; influencing and persuasion skills;
negotiating and bargaining
(i) Emotional intelligence – emotional quotient
(j) Soft skills – personality traits; interpersonal skills; leadership.
2. Communication in Business Environment
(a) Business Meetings – Notice, Agenda, Minutes, Chairperson’s speech
(b) Press releases
(c) Corporate announcements by stock exchanges
(d) Reporting of proceedings of a meeting.
3. Basic Understanding of Legal Deeds and Documents
(a) Partnership deed
(b) Power of Attorney
(c) Lease deed
(d) Affidavit
(e) Indemnity bond
(f) Gift deed
(g) Memorandum and articles of association of a company
(h) Annual Report of a company.

Business Laws

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Part I: Business Laws (60 marks)
Objective:
To test working knowledge of business laws and company law and their practical application in commercial
situations.
Contents:
Business Laws (30 marks)
1. The Indian Contract Act, 1872
2. The Negotiable Instruments Act, 1881
3. The Payment of Bonus Act, 1965
4. The Employees’ Provident Fund and Miscellaneous Provisions Act, 1952
5. The Payment of Gratuity Act, 1972.
Company Law (30 marks)
The Companies Act, 1956 – Sections 1 to 197
(a) Preliminary
(b) Board of Company Law Administration - National Company Law Tribunal; Appellate Tribunal
(c) Incorporation of company and matters incidental thereto
(d) Prospectus and allotment, and other matters relating to use of shares or debentures
(e) Share capital and debentures
(f) Registration of charges
(g) Management and administration – general provisions – registered office and name, restrictions on
commencement of business, registers of members and debentures holders, foreign registers of members or
debenture holders, annual returns, general provisions regarding registers and returns, meetings and
proceedings.
(h) Company Law in a computerized environment – e-filing.
Note: If new legislations are enacted in place of the existing legislations, the syllabus would include the
corresponding provisions of such new legislations with effect from a date notified by the Institute.
Part II: Ethics (20 marks)
Objective:
To have an understanding of ethical issues in business.
Contents:
1. Introduction to Business Ethics
The nature, purpose of ethics and morals for organizational interests; ethics and conflicts of interests; ethical
and social implications of business policies and decisions; corporate social responsibility; ethical issues in
corporate governance.
2. Environment Issues
Protecting the Natural Environment – prevention of pollution and depletion of natural resources;
conservation of natural resources.
3. Ethics in Workplace
Individual in the organisation, discrimination, harassment, gender equality.
4. Ethics in Marketing and Consumer Protection
Healthy competition and protecting consumer’s interest.
5. Ethics in Accounting and Finance
Importance, issues and common problems.

Paper 2: Business Laws, Ethics and Communication

2009-09-24T12:10:00.000+05:30

Paper 2: Business Laws, Ethics and Communication
(One paper – three hours - 100 marks)
Level of Knowledge: Working knowledge

INTEGRATED PROFESSIONAL COMPETENCE COURSE (IPCC) Syllabus,GROUP I OF IPCC/ ACCOUNTING TECHNICIAN COURSE (ATC)

2009-09-24T12:08:00.000+05:30

Paper 1: Accounting
(One paper – three hours – 100 marks)
Level of Knowledge: Working Knowledge
Objectives:
(a) To lay a foundation for the preparation and presentation of financial statements;
(b) To gain working knowledge of the principles and procedures of accounting and their application to different
practical situations;
(c) To gain the ability to solve simple problems and cases relating to sole proprietorship, partnership and
companies; and
(d) To familiarize students with the fundamentals of computerized system of accounting.
Contents
1. A General Knowledge of the framing of the accounting standards, national and international
accounting authorities, adoption of international financial reporting standards
2. Accounting Standards
Working knowledge of:
AS 1 : Disclosure of Accounting Policies
AS 2: Valuation of Inventories
AS 3: Cash Flow Statements
AS 6: Depreciation Accounting
AS 7: Construction Contracts (Revised 2002)
AS 9: Revenue Recognition
AS 10: Accounting for Fixed Assets
AS 13: Accounting for Investments
AS 14: Accounting for Amalgamations
3. Company Accounts
(a) Preparation of financial statements – Profit and Loss Account, Balance Sheet and Cash Flow
Statement
(b) Profit (Loss) prior to incorporation
(c) Alteration of share capital, Conversion of fully paid shares into stock and stock into shares,
Accounting for bonus issue
(d) Simple problems on Accounting for business acquisition, Amalgamation and reconstruction
(excluding problems of amalgamation on inter-company holding)
4. Average Due Date, Account Current, Self-Balancing Ledgers
5. Financial Statements of Not-for-Profit Organisations
6. Accounts from Incomplete Records
7. Accounting for Special Transactions
(a) Hire purchase and instalment sale transactions
(b) Investment accounts
(c) Insurance claims for loss of stock and loss of profit.
9. Issues in Partnership Accounts
Final accounts of partnership firms – Admission, retirement and death of a partner including treatment of
goodwill;
10. Accounting in Computerised Environment
An overview of computerized accounting system – Salient features and significance, Concept of grouping of
accounts, Codification of accounts, Maintaining the hierarchy of ledger, Accounting packages and
consideration for their selection, Generating Accounting Reports.
Note :
If either old Accounting Standards (ASs), Announcements and Limited
Revisions to ASs are withdrawn or new ASs, Announcements and Limited Revisions to ASs are issued by
the Institute of Chartered Accountants of India in place of existing ASs, Announcements and Limited
Revisions to ASs, the syllabus will accordingly include/exclude such new developments in place of the
existing ones with effect from the date to be notified by the Institute.

syllabus of ipcc[integrated professional competency course]

2009-09-24T11:59:00.000+05:30

Subjects for study
Six subjects and Seven Papers of study in IPCC are –
Group I
Paper 1:Accounting (100 marks)
Paper 2:Law, Ethics and Communication
Part I: Law (60 marks)
Business Laws (30 marks)
Company Law (30 marks)
Part II: Business Ethics (20 marks)
Part III: Business Communication (20 marks)
Paper 3:Cost Accounting and Financial Management
Part I: Cost Accounting (50 marks)
Part II: Financial Management (50 marks)
Paper 4:Taxation
Part I: Income-tax (50 marks)
Part II: Service Tax (25 marks) and
VAT (25 marks)
Group II
Paper 5: Advanced Accounting (100 marks)
Paper 6:Auditing and Assurance (100 marks)
Paper 7: Information Technology and Strategic Management
Section A: Information Technology (50 marks)
Section B: Strategic Management (50 marks)
The level of knowledge expected of students in the above subjects is ‘working knowledge’.

FEE CONCESSIONS TO DISABLED STUDENTS, SCHOLARSHIPS and, MERITORIOUS STUDENTS

2009-09-24T11:53:00.000+05:30

FEE CONCESSIONS TO DISABLED STUDENTS

are defined as follows:

(i) Blindness – “Blindness” refers to a condition where a person suffers from any of the
following conditions, namely:
total absence of sight;
visual acuity not exceeding 6/60 or 20/200 (snellen) in the better eye with
correcting lenses; or
limitation of the field of vision subtending an angle of 20 degree or worse.
(ii) Low vision – “Low vision” means a person with impairment of visual functioning even
after treatment or standard refractive correction but who uses or is potentially capable
of using vision for the planning or execution of a task with appropriate assistive device.
(iii) Leprosy cured – “Leprosy cured” means any person who has been cured of leprosy but is
suffering from
loss of sensation in hands or feet as well as loss of sensation and paresis in the
eye and eye-lid but with no manifest deformity;
manifest deformity and paresis but having sufficient mobility in their hands and
feet to enable them to engage in normal economic activity;
extreme physical deformity as well as advanced age which prevents him from
undertaking any gainful occupation, and the expression “leprosy cured” shall be
constructed accordingly.
(iv) Hearing impairment – “Hearing impairment” means loss of sixty decibels or more in the
better ear in the conversational range of frequencies.
(v) Locomotors disability – “Locomotors disability” means disability of the bones, joints or
muscles leading to substantial restriction of the movement of the limbs or any form of
cerebral palsy.
(vi) Permanent and total loss of voice – a disabled student has to submit a certificate of
suffering from disability, certified by a physician / surgeon / oculist working in a
Government hospital, as the case may be.
Disabled students, who are suffering from more than 50% disability as
stated above, are eligible for full exemption from payment of registration
and tuition fees at PCC/IPCC/ATC and Final levels.
OTHER FEE CONCESSIONS AND SCHOLARSHIPS
The children of military and para-military forces who are studying chartered accountancy course
and whose either of the parents have lost their lives in action are exempted from payment of
tuition and registration fees. This concession of fees will be made available on production of
necessary documents.
SCHOLARSHIPS FOR MERITORIOUS STUDENTS
The Board of Studies grants various Scholarships to students, namely, Merit, Merit-cum-Need
based, Need-based Weaker Sections Scholarships out of the funds of the Institute and
Endowment Schemes created by individual donors/Trusts/Societies. Various scholarships are
awarded twice in a year i.e. commencing from April and October every year and generally its
announcements are released in the Students Newsletter – The Chartered Accountant Student.
The students are required to apply in prescribed Scholarship Application Form. Merit Scholarship
are granted automatically on the basis of Merit List released by the Examination Section.
(i) First three rank holders of CPT examination of each term who have taken admission to
PCC/IPCC are selected for award of merit scholarship @Rs.1250 per month for a period
of 18 months.
(ii) First three rank holders of PE-II/PCE/IPCE are granted merit scholarship @ Rs.1250 per
month for a period of 18 months/30 months/remaining period of articled training.
(iii) 60 Merit-cum-Need based scholarship are granted to rank holders of CPT/PE-II/PCE/IPCE
@ Rs.1250 per month for a period of 18 months/30 months/remaining period of articled
training.
(iv) 100 Need-based and Weaker Sections Scholarship are granted to the students of PEII/
PCC/IPCC based on the result of each term of CPT examination @ Rs.1000 per month
for a period of 18 months.
(v) Two scholarships are reserved every year for physically handicapped students in need
based category.
(vi) For SC/ST/OBC category students, an additional amount of Rs.100/- is paid in each
category of scholarship.
(vii) In case any scholarship, falling under any category of a particular course, could not be
granted, the same at the discretion of the Chairman, Board of Studies and Director of
Studies can be transferred to other course(s) under the same category.
(viii) Scholarship of various amounts are also granted under Endowment Schemes.

2009-09-24T11:44:00.000+05:30

if u want more information regarding fee structure
just go to icai bhavan and collect the ipcc prospectus for 100rs/-
in that prospectus u can see the full details of ipcc course

2009-09-24T10:57:00.000+05:30

ENROLMENT FOR INTEGRATED PROFESSIONAL COMPETENCE COURSE
AND FEES

Integrated Professional Competence Course (IPCC), is composed of three levels viz. Group I,
Accounting Technician (optional) and Group II. A candidate may opt for enrolment to Group I or
Group I and Accounting Technician Course or Accounting Technician Course and/or Group II or
Group I and Group II or for all the levels referred to above.
Payment of fees is to be made by way of Demand Draft of the requisite amount drawn in favour
of the Secretary, The Institute of Chartered Accountants of India payble at New
Delhi/Mumbai/Chennai/Kolkata/Kanpur depending upon the place of residence of the
candidate.
Fees to be paid for various courses of Integrated Professional Competence Course
(IPCC)/Accounting Technician Course (ATC) :

1. group(1),group(2) of ipcc with ATC at all levels- without articles-10000rs/- with articles-12000rs/-*
2. group(1),group(2) of ipcc-- without articles 9000rs/- with articles 11000rs/-*
3. group(1) of ipcc and atc --- without articles 10000rs/- with articles ------
4. group(2) of ipcc and atc --- without articles 10000rs/- with articles 12000rs/-*
5. group(1) of ipcc --- without articles 8000rs/- with articles -------
6. group(2) of ipcc --- without articles 5000rs/- with articles 7000rs/-*
7. ATC --- without articles 10000rs/- with articles ------

(i) * articled training starts after completing 1st group if ipcc/atc.
(ii) fee of 1000/- meant for students' is to be paid only once.

IpCc[iNtEgRaTeD pRoFeSsIoNaL cOmPeTeNcY cOuRsE]

2009-09-21T14:20:00.000+05:30

NOW LETS SEE ABOUT "IPCC" IT IS AN UPGRADED VERSION FOR "PCC"

Subjects in pcc[Professional competency course]

2009-09-21T14:13:00.000+05:30

CA PROFESSIONAL COMPETENCY COURSE

GROUP I

Paper 1: Advanced Accounting
(One paper – Three hours – 100 Marks)
Level of Knowledge: Working knowledge

Objectives:
(a) To lay a theoretical foundation for the preparation and presentation of financial statements,
(b) To gain working knowledge of the professional standards, principles and procedures of
accounting and their application to different practical situations,
(c) To gain the ability to solve simple problems and cases relating to company accounts
including special type of corporate entities, partnership accounts and
(d) To familiarize students with the fundamentals of computerized system of accounting.

Contents
1. Conceptual Framework for Preparation and Presentation of Financial Statements
2. Accounting Standards
An overview; standards setting process
Working knowledge of:
AS 1: Disclosure of Accounting Policies
AS 2: Valuation of Inventories
AS 3: Cash Flow Statements
AS 4: Contingencies and Events occurring after the Balance Sheet Date
AS 5: Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies
AS 6: Depreciation Accounting
AS 7: Construction Contracts (Revised 2002)
AS 9: Revenue Recognition
AS 10: Accounting for Fixed Assets
AS 11: The Effects of Changes in Foreign Exchange Rates (Revised 2003)
AS 12: Accounting for Government Grants
AS 13: Accounting for Investments
AS 14: Accounting for Amalgamations
AS 16: Borrowing Costs
AS 19 Leases
AS 20 Earnings Per Share
AS 26: Intangible Assets
AS 29: Provisions, Contingent Liabilities and Contingent Assets.
3. Company Accounts
(a) Preparation of financial statements – Profit and Loss Account, Balance Sheet and Cash Flow
Statement
(b) Profit (Loss) prior to incorporation
(c) Alteration of share capital, Conversion of fully paid shares into stock and stock into shares,
Accounting for bonus issue, Accounting for employee stock option plan, Buy back of
securities, Equity shares with differential rights, Underwriting of shares and debentures,
Redemption of debentures
(d) Accounting for business acquisition, Amalgamation and reconstruction (excluding problems
of amalgamation on inter-company holding)
(e) Accounting involved in liquidation of companies, Statement of Affairs (including
deficiency/surplus accounts) and Iiquidator’s statement of account of the winding up.
4. Financial Statements of Banking, Insurance and Electricity Companies
5. Average Due Date, Account Current, Self-Balancing Ledgers
6. Financial Statements of Not-for-Profit Organisations
7. Accounts from Incomplete Records
8. Accounting for Special Transactions
(a) Hire purchase and instalment sale transactions
(b) Investment accounts
(c) Departmental and branch accounts including foreign branches
(d) Insurance claims for loss of stock and loss of profit.
9. Advanced Issues in Partnership Accounts
Final accounts of partnership firms – Admission, retirement and death of a partner including
treatment of goodwill; Dissolution of partnership firms including piecemeal distribution of assets;
Amalgamation of partnership firms; Conversion into a company and Sale to a company.
10. Accounting in Computerised Environment
An overview of computerized accounting system–Salient features and significance, Concept of
grouping of accounts, Codification of accounts, Maintaining the hierarchy of
ledger, Accounting packages and consideration for their selection, Generating Accounting Reports.

Note – If either old Accounting Standards (ASs), Announcements and Limited Revisions to ASs are
withdrawn or new ASs, Announcements and Limited Revisions to ASs are issued by the Institute of
Chartered Accountants of India in place of existing ASs, Announcements and Limited Revisions to ASs,
the syllabus will accordingly include/exclude such new developments in place of the existing ones
with effect from the date to be notified by the Institute.

Paper 2: Auditing and Assurance
(One Paper —Three hours — 100 Marks)
Level of knowledge: Working Knowledge

Objective:
To understand objective and concepts of auditing and gain working knowledge of generally
accepted auditing procedures and of techniques and skills needed to apply them in audit and
attestation engagements and solving simple case-studies.

Contents
1. Auditing Concepts —Nature and limitations of Auditing, Basic Principles governing an audit,
Ethical principles and concept of Auditor’s Independence, Relationship of auditing with other
disciplines.
2. Auditing and Assurance Standards —Overview, Standard-setting process, Role of
International Auditing and Assurance Standards Board and Auditing and Assurance
Standards Board in India.
3. Auditing engagement —Audit planning, Audit programme, Control of quality of audit work—
Delegation and supervision of audit work.
4. Documentation — Audit working papers, Audit files: Permanent and current audit files,
Ownership and custody of working papers.
5. Audit evidence — Audit procedures for obtaining evidence, Sources of evidence, Reliability
of audit evidence, Methods of obtaining audit evidence % Physical verification, Documentation,
Direct confirmation, Re-computation, Analytical review techniques, Representation by management.
6. Internal Control — Elements of internal control, Review and documentation, Evaluation of
internal control system, Internal control questionnaire, Internal control check list, Tests of control,
Application of concept of materiality and audit risk, Concept of internal audit.
7. Internal Control and Computerized Environment, Approaches to Auditing in Computerised
Environment.
8. Audit Sampling — Types of sampling, Test checking, Techniques of test checks.
9. Analytical review procedures.
10. Audit of payments — General considerations, Wages, Capital expenditure, Other payments
and expenses, Petty cash payments, Bank payments, Bank reconciliation.
11. Audit of receipts — General considerations, Cash sales, Receipts from debtors, Other
Receipts.
12. Audit of Purchases — Vouching cash and credit purchases, Forward purchases, Purchase returns,
Allowance received from suppliers.
13. Audit of Sales — Vouching of cash and credit sales, Goods on consignment, Sale on
approval basis, Sale under hire% purchase agreement, Returnable containers, Various types
of allowances given to customers, Sale returns.
14. Audit of suppliers’ ledger and the debtors’ ledger — Self-balancing and the sectional
balancing system, Total or control accounts, Confirmatory statements from credit customers
and suppliers, Provision for bad and doubtful debts, Writing off of bad debts.
15. Audit of impersonal ledger — Capital expenditure, deferred revenue expenditure and
revenue expenditure, Outstanding expenses and income, Repairs and renewals, Distinction
between reserves and provisions, Implications of change in the basis of accounting.
16. Audit of assets and liabilities.
17. Company Audit — Audit of Shares, Qualifications and Disqualifications of Auditors,
Appointment of auditors, Removal of auditors, Powers and duties of auditors, Branch audit ,
Joint audit , Special audit, Reporting requirements under the Companies Act, 1956.
18. Audit Report — Qualifications, Disclaimers, Adverse opinion, Disclosures, Reports and
certificates.
19. Special points in audit of different types of undertakings, i.e., Educational institutions, Hotels,
Clubs, Hospitals, Hire-purchase and leasing companies (excluding banks, electricity companies,
cooperative societies, and insurance companies).
20. Features and basic principles of government audit, Local bodies and not-for-profit
organizations, Comptroller and Auditor General and its constitutional role.

Note: Candidates are expected to have working knowledge of relevant Auditing and
Assurance Standards issued by the ICAI with reference to above-mentioned topics.

Paper 3: Law, Ethics and Communication
(One paper – Three hours — 100 Marks)
Level of Knowledge: Working knowledge

Part I: Law ( 60 Marks)
Objective:
To test working knowledge of business laws and company law and their practical application in
commercial situations.

Contents
Business Laws (30 Marks)
1. The Indian Contract Act, 1872
2. The Negotiable Instruments Act, 1881
3. The Payment of Bonus Act, 1965
4. The Employees’ Provident Fund and Miscellaneous Provisions Act, 1952
5. The Payment of Gratuity Act, 1972.

Company Law (30 Marks)
The Companies Act, 1956 – Sections 1 to 197
(a) Preliminary
(b) Board of Company Law Administration — National Company Law Tribunal; Appellate
Tribunal
(c) Incorporation of Company and Matters Incidental thereto
(d) Prospectus and Allotment, and other matters relating to use of Shares or Debentures
(e) Share Capital and Debentures
(f) Registration of Charges
(g) Management and Administration – General Provisions – Registered office and name,
Restrictions on commencement of business, Registers of members and debentures holders,
Foreign registers of members or debenture holders, Annual returns, General provisions
regarding registers and returns, Meetings and proceedings
(h) Company Law in a computerized Environment – E-filing.

Note: If new legislations are enacted in place of the existing legislations, the syllabus would
include the corresponding provisions of such new legislations with effect from a date
notified by the Institute.

Part II: Business Ethics (20 Marks)
Objective:
To have an understanding of ethical issues in business.

Contents
1. Introduction to Business Ethics
The nature, purpose of ethics and morals for organizational interests; Ethics and Conflicts of
Interests; Ethical and Social Implications of business policies and decisions; Corporate Social
Responsibility; Ethical issues in Corporate Governance.
2. Environment issues
Protecting the Natural Environment – Prevention of Pollution and Depletion of Natural
Resources; Conservation of Natural Resources.
3. Ethics in Workplace
Individual in the organisation, discrimination, harassment, gender equality.
4. Ethics in Marketing and Consumer Protection
Healthy competition and protecting consumer’s interest.
5. Ethics in Accounting and Finance
Importance, issues and common problems.

Part III: Business Communications (20 Marks)
Objective:
To nurture and develop the communication and behavioural skills relating to business

Contents
1. Elements of Communication
(a) Forms of Communication: Formal and Informal, Interdepartmental, Verbal and nonverbal;
Active listening and critical thinking
(b) Presentation skills including conducting meeting, press conference
(c) Planning and Composing Business messages
(d) Communication channels
(e) Communicating Corporate culture, change, innovative spirits
(f) Communication breakdowns
(g) Communication ethics
(h) Groups dynamics; handling group conflicts, consensus building; influencing and persuasion skills;
Negotiating and bargaining
(i) Emotional intelligence - Emotional Quotient
(j) Soft skills – personality traits; Interpersonal skills ; leadership.
2. Communication in Business Environment
(a) Business Meetings – Notice, Agenda, Minutes, Chairperson’s speech
(b) Press releases
(c) Corporate announcements by stock exchanges
(d) Reporting of proceedings of a meeting.
3. Basic understanding of legal deeds and documents
(a) Partnership deed
(b) Power of Attorney
(c) Lease deed
(d) Affidavit
(e) Indemnity bond
(f) Gift deed
(g) Memorandum and articles of association of a company
(h) Annual Report of a company.

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GROUP II

Paper 4: Cost Accounting and Financial Management
(One paper – Three hours — 100 Marks)
Level of Knowledge: Working knowledge

Part I: Cost Accounting (50 Marks)
Objectives:
(a) To understand the basic concepts and processes used to determine product costs,
(b) To be able to interpret cost accounting statements,
(c) To be able to analyse and evaluate information for cost ascertainment, planning, control and
decision making, and
(d) To be able to solve simple cases.

Contents
1. Introduction to Cost Accounting
(a) Objectives and scope of Cost Accounting
(b) Cost centres and Cost units
(c) Cost classification for stock valuation, Profit measurement, Decision making and control
(d) Coding systems
(e) Elements of Cost
(f) Cost behaviour pattern, Separating the components of semi-variable costs
(g) Installation of a Costing system
(h) Relationship of Cost Accounting, Financial Accounting, Management Accounting and
Financial Management.
2. Cost Ascertainment
(a) Material Cost
(i) Procurement procedures— Store procedures and documentation in respect of receipts
and issue of stock, Stock verification
(ii) Inventory control —Techniques of fixing of minimum, maximum and reorder levels,
Economic Order Quantity, ABC classification; Stocktaking and perpetual inventory
(iii) Inventory accounting
(iv) Consumption — Identification with products of cost centres, Basis for consumption
entries in financial accounts, Monitoring consumption.
(b) Employee Cost
(i) Attendance and payroll procedures, Overview of statutory requirements, Overtime, Idle
time and Incentives
(ii) Labour turnover
(iii) Utilisation of labour, Direct and indirect labour, Charging of labour cost, Identifying labour
hours with work orders or batches or capital jobs
(iv) Efficiency rating procedures
(v) Remuneration systems and incentive schemes.
(c) Direct Expenses
Sub-contracting — Control on material movements, Identification with the main product or
service.
(d) Overheads
(i) Functional analysis — Factory, Administration, Selling, Distribution, Research and
Development
Behavioural analysis — Fixed, Variable, Semi variable and Step cost
(ii) Factory Overheads — Primary distribution and secondary distribution, Criteria for
choosing suitable basis for allotment, Capacity cost adjustments, Fixed absorption rates
for absorbing overheads to products or services
(iii) Administration overheads — Method of allocation to cost centres or products
(iv) Selling and distribution overheads — Analysis and absorption of the expenses in
products/customers, impact of marketing strategies, Cost effectiveness of various
methods of sales promotion.
3. Cost Book-keeping
Cost Ledgers—Non-integrated accounts, Integrated accounts, Reconciliation of cost and financial
accounts.
4. Costing Systems
(a) Job Costing
Job cost cards and databases, Collecting direct costs of each job, Attributing overhead costs to
jobs, Applications of job costing.
(b) Batch Costing
(c) Contract Costing
Progress payments, Retention money, Escalation clause, Contract accounts, Accounting for
material, Accounting for plant used in a contract, Contract profit and Balance sheet entries.
(d) Process Costing
Double entry book keeping, Process loss, Abnormal gains and losses, Equivalent units, Interprocess
profit, Joint products and by products.
(e) Operating Costing System
5. Introduction to Marginal Costing
Marginal costing compared with absorption costing, Contribution, Breakeven analysis and profit
volume graph.
6. Introduction to Standard Costing
Various types of standards, Setting of standards, Basic concepts of material and Labour
standards and variance analysis.

Part II: Financial Management (50 Marks)
Objectives:
(a) To develop ability to analyse and interpret various tools of financial analysis and planning,
(b) To gain knowledge of management and financing of working capital,
(c) To understand concepts relating to financing and investment decisions, and
(d) To be able to solve simple cases.

Contents
1. Scope and Objectives of Financial Management
(a) Meaning, Importance and Objectives
(b) Conflicts in profit versus value maximisation principle
(c) Role of Chief Financial Officer.
2. Time Value of Money
Compounding and Discounting techniques— Concepts of Annuity and Perpetuity.
3. Financial Analysis and Planning
(a) Ratio Analysis for performance evaluation and financial health
(b) Application of Ratio Analysis in decision making
(c) Analysis of Cash Flow Statement.
4. Financing Decisions
(a) Cost of Capital — Weighted average cost of capital and Marginal cost of capital
(b) Capital Structure decisions — Capital structure patterns, Designing optimum capital
structure, Constraints, Various capital structure theories
(c) Business Risk and Financial Risk — Operating and financial leverage, Trading on Equity.
5. Types of Financing
(a) Different sources of finance
(b) Project financing — Intermediate and long term financing
(c) Negotiating term loans with banks and financial institutions and appraisal thereof
(d) Introduction to lease financing
(e) Venture capital finance.
6. Investment Decisions
(a) Purpose, Objective, Process
(b) Understanding different types of projects
(c) Techniques of Decision making: Non-discounted and Discounted Cash flow
Approaches — Payback Period method, Accounting Rate of Return, Net Present Value,
Internal Rate of Return, Modified Internal Rate of Return, Discounted Payback Period
and Profitability Index
(d) Ranking of competing projects, Ranking of projects with unequal lives.
7. Management of Working Capital
(a) Working capital policies
(b) Funds flow analysis
(c) Inventory management
(d) Receivables management
(e) Payables management
(f) Management of cash and marketable securities
(g) Financing of working capital.

Paper 5: Taxation
(One paper — Three hours – 100 Marks)
Level of Knowledge: Working knowledge

Objectives:
(a) To gain knowledge of the provisions of Income-tax law relating to the topics mentioned in the
contents below and
(b) To gain ability to solve simple problems concerning assessees with the status of ‘Individual’
and ‘Hindu Undivided Family’ covering the areas mentioned in the contents below.

Contents
Part I: Income-tax (75 marks)
1. Important definitions in the Income-tax Act, 1961
2. Basis of charge; Rates of taxes applicable for different types of assessees
3. Concepts of previous year and assessment year
4. Residential status and scope of total income; Income deemed to be received / deemed to
accrue or arise in India
5. Incomes which do not form part of total income
6. Heads of income and the provisions governing computation of income under different heads
7. Income of other persons included in assessee’s total income
8. Aggregation of income; Set-off or carry forward and set-off of losses
9. Deductions from gross total income
10. Computation of total income and tax payable; Rebates and reliefs
11. Provisions concerning advance tax and tax deducted at source
12. Provisions for filing of return of income.

Part II: Service tax and VAT (25 marks)
Objective:
To gain knowledge of the provisions of service tax as mentioned below and basic concepts of
Value added tax (VAT) in India.

Contents:
1. Service tax – Concepts and general principles
2. Charge of service tax and taxable services
3. Valuation of taxable services
4. Payment of service tax and filing of returns
5. VAT – Concepts and general principles.

Note: If new legislations are enacted in place of the existing legislations the syllabus will
accordingly include the corresponding provisions of such new legislations in the place of the existing
legislations with effect from the date to be notified by the Institute.
Students shall not be examined with reference to any particular State VAT Law.

Paper 6: Information Technology and Strategic Management
(One paper – Three hours – 100 Marks)
Level of Knowledge: Working knowledge

Section A: Information Technology (50 Marks)
Objective:
To develop an understanding of Information Technology and its use by the business as facilitator
and driver.

Contents
1. Introduction to Computers
(a) Computer Hardware
Classification of Computers - Personal computer, Workstation, Servers and Super computers
Computer Components - CPU, Input output devices, Storage devices
(b) BUS, I/O CO Processors, Ports (serial, parallel, USB ports), Expansion slots, Add on cards,
On board chips, LAN cards, Multi media cards , Cache memory, Buffers, Controllers and
drivers
(c) Computer Software
Systems Software - Operating system, Translators (Compilers, Interpreters and Assemblers),
System utilities
General Purpose Software/ Utilities - Word Processor, Spread Sheet, DBMS, Scheduler /
Planner, Internet browser and E-mail clients
Application Software - Financial Accounting, Payroll, Inventory
Specialised Systems – Enterprise Resource Planning (ERP) , Artificial Intelligence , Expert
Systems, Decision Support Systems – An Overview
2. Data Storage, Retrievals and Data Base Management Systems
(a) Data and Information Concepts: Bits, Bytes, KB, MB, GB, TB
(b) Data organization and Access
Storage Concepts : Records, Fields, Grouped fields, Special fields like date, Integers, Real,
Floating, Fixed, Double precision, Logical, Characters, Strings, Variable character fields
(Memo); Key, Primary key, Foreign key, Secondary key, Referential integrity, Index fields.
Storage techniques: Sequential, Block Sequential, Random, Indexed, Sequential access,
Direct access, Random access including Randomizing
Logical Structure and Physical structure of files
(c) DBMS Models and Classification:
Need for database, Administration, Models, DML and DDL (Query and reporting); Data
Dictionaries, Distributed data bases, Object oriented databases, Client Server databases,
Knowledge databases
(d) Backup and recovery – backup policy, backup schedules, offsite backups, recycling of
backups, frequent checking of recovery of backup
(e) Usage of system software like program library management systems and tape and disk
management systems – features, functionalities, advantages
(f) Data Mining and Data Warehousing - An overview
3. Computer Networks & Network Security

PCC[professional competency course]

2009-09-20T01:58:00.000+05:30

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10 SYLLABUS OF PROFESSIONAL COMPETENCE COURSE (PCC)
OFFERED BY ICAI
These are the courses you have to pass as part of Chartered Accountancy First Stage (PCC or PE-II or Intermediate).
If a student pass these courses as part of Chartered Accountancy, he/she will get exemption for these courses in
B.Com (A&F).
BCO-005: Advanced Accounting 8 Credits
Objectives:
(a) To lay a theoretical foundation for the preparation and presentation of financial statements
(b) To gain working knowledge of the professional standards, principles and procedures of accounting and
their application to different practical situations,
(c) To gain the ability to solve simple problems and cases relating to company accounts including special
type of corporate entities, partnership accounts and
(d) To familiarize students with the fundamentals of computerized system of accounting
Contents:
1. Conceptual Framework for Preparation and Presentation of Financial Statements
2. Accounting Standards: An overview; standards setting process
Working knowledge of: AS 1: Disclosure of Accounting Policies; AS 2:Valuation of Inventories;
AS 3: Cash Flow Statements; AS 4: Contingencies and Events occurring after the Balance Sheet Date;
AS 5: Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies;
AS 6: Depreciation Accounting; AS 7: Construction Contracts (Revised 2002); AS 9: Revenue
Recognition; AS 10: Accounting for Fixed Assets; AS 11: The Effects of Changes in Foreign Exchange
Rates (Revised 2003); AS 12: Accounting for Government Grants; AS 13: Accounting for Investments;
AS 14: Accounting for Amalgamations; AS 15: Borrowing Costs AS 16: Borrowing Costs; AS 19:
Leases; AS 20: Earnings Per Share; AS 26: Intangible Assets; AS 29: Provisions, Contingent Liabilities
and Contingent Assets.
3. Company Accounts
(a) Preparation of financial statements - Profit and Loss Account, Balance Sheet and Cash Flow Statement;
(b) Profit (Loss) prior to incorporation; (c) Alteration of share capital, Conversion of fully paid shares
into stock and stock into shares, Accounting for bonus issue, Accounting for employee stock option
plan, Buy back of securities, Equity shares with differential rights, Underwriting of shares and debentures,
Redemption of debentures (d) Accounting for business acquisition, Amalgamation and reconstruction
(excluding problems of amalgamation on inter-company holding); (e) Accounting involved in liquidation
of companies, Statement of Affairs (including deficiency/surplus accounts) and liquidator’s statement of
account of the winding up.
4. Financial Statements of Banking, Insurance and Electricity Companies
5. Average Due Date, Account Current, Self-Balancing Ledgers
6. Financial Statements of Not-for-Profit Organisations
7. Accounts from Incomplete Records
8. Accounting for Special Transactions
(a) Hire purchase and instalment sale transactions; (b) Investment accounts; (c) Departmental and branch
accounts including foreign branches; (d) Insurance claims for loss of stock and loss of profit.
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9. Advanced Issues in Partnership Accounts
Final accounts of partnership firms - Admission, retirement and death of a partner including treatment of
goodwill; Dissolution of partnership firms including piecemeal distribution of assets; Amalgamation of
partnership firms; Conversion into a company and Sale to a company.
10. Accounting in Computerised Environment
An overview of computerized accounting system - Salient features and significance, Concept of grouping
of accounts, Codification of accounts, Maintaining the hierarchy of ledger, Accounting packages and
consideration for their selection, Generating Accounting Reports.
Note: If either old Accounting Standards (ASs), Announcements and Limited Revisions to ASs are withdrawn
or new ASs, Announcements and Limited Revisions to ASs are issued by the Institute of Chartered
Accountants of India in place of existing ASs, Announcements and Limited Revisions to ASs, the syllabus
will accordingly include/exclude such new developments in place of the existing ones with effect from
the date to be notified by the Institute.
BCO-006: Auditing and Assurance 8 Credits
Objective:
To understand objective and concepts of auditing and gain working knowledge of generally accepted auditing
procedures and of techniques and skills needed to apply them in audit and attestation engagements and solving
simple casestudies.
Contents:
1. Auditing Concepts - Nature and limitations of Auditing, Basic Principles governing an audit, Ethical
principles and concept of Auditor’s Independence, Relationship of auditing with other disciplines.
2. Auditing and Assurance Standards - Overview, Standard-setting process,. Role of International Auditing
and Assurance Standards Board and Auditing and Assurance Standards Board in India.
3. Auditing engagement - Audit planning, Audit programme, Control of quality of audit work - Delegation
and supervision of audit work.
4. Documentation - Audit working papers, Audit files: Permanent and current audit files, Ownership and
custody of working papers.
5. Audit evidence - Audit procedures for obtaining evidence, Sources of evidence, Reliability of audit
evidence, Methods of obtaining audit evidence - Physical verification, Documentation, Direct confirmation,
Re-computation, Analytical review techniques, Representation by management.
6. Internal Control - Elements of internal control, Review and documentation, Evaluation of internal
control system, Internal control questionnaire, Internal control check list, Tests of control, Application
of concept of materiality and audit risk, Concept of internal audit.
7. Internal Control and Computerized Environment, Approaches to Auditing in Computerised
Environment.
8. Audit Sampling - Types of sampling, Test checking, Techniques of test checks. Analytical review
procedures.
9. Analytical review procedures.
10. Audit of payments - General considerations, Wages, Capital expenditure, Other payments and expenses,
Petty cash payments, Bank payments, Bank reconciliation.
11. Audit of receipts - General considerations, Cash sales, Receipts from debtors, Other Receipts.
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12. Audit of Purchases - Vouching cash and credit purchases, Forward purchases, Purchase returns,
Allowance received from suppliers.
13. Audit of Sales - Vouching of cash and credit sales, Goods on consignment, Sale on approval basis, Sale
under hirepurchase agreement, Returnable containers, Various types of allowances given to customers,
Sale returns.
14. Audit of suppliers’ ledger and the debtors’ ledger - Self-balancing and the sectional balancing system,
Total or control accounts, Confirmatory statements from credit customers and suppliers, Provision for
bad and doubtful debts, Writing off of bad debts.
15. Audit of impersonal ledger - Capital expenditure, deferred revenue expenditure and revenue expenditure,
Outstanding expenses and income, Repairs and renewals, Distinction between reserves and provisions,
Implications of change in the basis of accounting.
16. Audit of assets and liabilities.
17. Company Audit - Audit of Shares, Qualifications and Disqualifications of Auditors, Appointment of
auditors, Removal of auditors, Powers and duties of auditors, Branch audit, Joint audit, Special audit,
Reporting requirements under the Companies Act, 1956.
18. Audit Report - Qualifications, Disclaimers, Adverse opinion, Disclosures, Reports and certificates.
19. Special points in audit of different types of undertakings, i.e., Educational institutions, Hotels, Clubs,
Hospitals, Hirepurchase and leasing companies (excluding banks, electricity companies, cooperative
societies, and insurance companies).
20. Features and basic principles of government audit, Local bodies and not-for-profit organizations,
Comptroller and Auditor General and its constitutional role.
Note: Candidates are expected to have working knowledge of relevant Auditing and Assurance Standards
issued by the ICAI with reference to above-mentioned topics.
BCO-007: Law, Ethics and Communication 8 Credits
Part A: Law (60 Marks)
Objective:
To test working knowledge of business laws and company law and their practical application in commercial
situations.
Contents:
Business Laws (30 Marks)
1. The Indian Contract Act, 1872
2. The Negotiable Instruments Act, 1881
3. The Payment of Bonus Act, 1965
4. The Employees’ Provident Fund and Miscellaneous Provisions Act, 1952
5. The Payment of Gratuity Act, 1972.
Company Law (30 Marks)
The Companies Act, 1956 - Sections 1 to 197
(a) Preliminary
(b) Board of Company Law Administration - National Company Law Tribunal; Appellate Tribunal
(c) Incorporation of Company and Matters Incidental thereto
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(d) Prospectus and Allotment, and other matters relating to use of Shares or Debentures
(e) Share Capital and Debentures
(f) Registration of Charges
(g) Management and Administration - General Provisions - Registered office and name, Restrictions on
commencement of business, Registers of members and debentures holders, Foreign registers of members
or debenture holders, Annual returns, General provisions regarding registers and returns, Meetings and
proceedings.
(i) Company Law in a computerized Environment - E-filing.
Note: If new legislations are enacted in place of the existing legislations, the syllabus would include the
corresponding provisions of such new legislations with effect from a date notified by the Institute.
Part B: Business Ethics (20 Marks)
Objective:
To have an understanding of ethical issues in business.
Contents:
1. Introduction to Business Ethics: The nature, purpose of ethics and morals for organizational interests;
Ethics and Conflicts of Interests; Ethical and Sooial Implications of bnsiness policies and decisions;
Corporate Social Responsibility; Ethical issues in Corporate Governance.
2. Environment Issues: Protecting the Natural Environment - Prevention of Pollution and Depletion of
Natural Resources; Conservation of Natural Resources.
3. Ethics in Workplace – Individual in the organisation, discrimination, harassment, gender equality.
4. Ethics in Marketing and Consumer Protection – Healthy competition and protecting consumer’s
interest.
5. Ethics in Accounting and Finance – Importance, issues and common problems.
Part C: Business Communication (20 Marks)
Objective:
To nurture and develop the communication and behavioural skills relating to business
Contents:
1. Elements of Communication
(a) Forms of Communication: Formal and Informal, Interdepartmental, Verbal and non-verbal; Active
listening and critical thinking; (b) Presentation skills including conducting meeting, press conference;
(c) Planning and Composing Business messages; (d) Communication channels; (e) Communicating
Corporate culture, change, innovative spirits; (f) Communication breakdowns; (g) Communication ethics;
(h) Groups dynamics; handling group conflicts, consensus building; influencing and persuasion skills;
Negotiating and bargaining; (i) Emotional intelligence - Emotional Quotient; (j) Soft skills - personality
traits; Interpersonal skills; leadership.
2. Communication in Business Environment
(a) Business Meetings - Notice, Agenda, Minutes, Chairperson’s speech; (b) Press releases; (c) Corporate
announcements by stock exchanges; (d) Reporting of proceedings of a meeting.
3. Basic understanding of legal deeds and documents
(a) Partnership deed; (b) Power of Attorney; (c) Lease deed; (d) Affidavit; (e) Indemnity bond; (f) Gift
deed; (g) Memorandum and articles of association of a company; (h) Annual Report of a company.
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BCO-008: Cost Accounting and Financial Management 8 Credits
Part A: Cost Accounting (50 Marks)
Objectives:
(a) To understand the basic concepts and processes used to determine product costs,
(b) To be able to interpret cost accounting statements,
(c) To be able to analyse and evaluate information for cost ascertainment, planning, control and decision
making, and
(d) To be able to solve simple cases.
Contents:
1. Introduction to Cost Accounting
(a) Objectives and scope of Cost Accounting; (b) Cost centres and Cost units; (c) Cost classification for
stock valuation, Profit measurement, Decision making and control; (d) Coding systems; (e) Elements of
Cost; (f) Cost behaviour pattern, Separating the components of semi-variable costs; (g) Installation of a
Costing system; (h) Relationship of Cost Accounting, Financial Accounting, Management Accounting
and Financial Management.
2. Cost Ascertainment
(a) Material Cost: (i) Procurement procedures - Store procedures and documentation in respect of
receipts and issue of stock, Stock verification; (ii) Inventory control - Techniques of fixing of minimum,
maximum and reorder levels, Economic Order Quantity, ABC classification; Stocktaking and perpetual
inventory; (iii) Inventory accounting; (iv) Consumption -Identification with products of cost centres,
Basis for consumption entries in financial accounts, Monitoring consumption.
(b) Employee Cost: (i) Attendance and payroll procedures, Overview of statutory requirements, Overtime,
Idle time and Incentives; (ii) labour turnover; (iii) Utilisation of labour,’ Direct and indirect labour,
Charging of labour cost, Identifying labour hours with work orders or batches or capital jobs; (iv) Efficiency
rating procedures; (v) Remuneration systems and incentive schemes.
(c) Direct Expenses: Sub-contracting - Control on material movements, Identification with the main
product or service.
(d) Overheads: (i) Functional analysis - Factory, Administration, Selling, Distribution, Research and
Development Behavioural analysis - Fixed, Variable, Semi variable and Step cost; (ii) Factory Overheads
- Primary distribution and secondary distribution, Criteria for choosing suitable basis for allotment,
Capacity cost adjustments, Fixed absorption rates for absorbing overheads to products or services; (iii)
Administration overheads - Method of allocation to cost centres or products; (iv) Selling and distribution
overheads - Analysis and absorption of the expenses in products/customers, impact of marketing strategies,
Cost effectiveness of various methods of sales promotion.
3. Cost Book- keeping
Cost ledgers - Non-integrated accounts, Integrated accounts, Reconciliation of cost and financial accounts.
4. Costing Systems
(a) Job Costing: Job cost cards and databases, Collecting direct costs of each job, Attributing overhead
costs to jobs, Applications of job costing.
(b) Batch Costing
(c) Contract Costing: Progress payments, Retention money, Escalation clause, Contract accounts,
Accounting for material, Accounting for plant used in a contract, Contract profit and Balance
sheet entries.
(d) Process Costing: Double entry book keeping, Process loss, Abnormal gains and losses, Equivalent
units, Inter-process profit, Joint products and by products.
(e) Operating Costing System
A-33
5. Introduction to Marginal Costing
Marginal costing compared with absorption costing, Contribution, Breakeven analysis and profit volume
graph.
6. Introduction to Standard Costing
Various types of standards, Setting of standards, Basic concepts of material and labour standards and
variance analysis.
Part B: Financial Management (50 Marks)
Objectives:
(a) To develop ability to analyse and interpret various tools of financial analysis and planning,
(b ) To gain knowledge of management and financing of working capital,
(c) To understand concepts relating to financing and investment decisions, and
(d) To be able to solve simple cases.
Contents:
1. Scope and Objectives of Financial Management
(a) Meaning, Importance and Objectives; (b) Conflicts in profit versus value maximisation principle;
(c) Role of Chief Financial Officer.
2. Time Value of Money
Compounding and Discounting techniques- Concepts of Annuity and Perpetuity.
3. Financial Analysis and Planning
(a) Ratio Analysis for performance evaluation and financial health; (b) Application of Ratio Analysis in
decision making; (c) Analysis of Cash Flow Statement.
4. Financing Decisions
(a) Cost of Capital - Weighted average cost of capital and Marginal cost of capital; (b) Capital Structure
decisions - Capital structure patterns, Designing optimum capital structure, Constraints, Various capital
structure theories; (c) Business Risk and Financial Risk - Operating and financial leverage, Trading on
Equity.
5. Types of Financing
(a) Different sources of finance; (b) Project financing - Intermediate and long term financing;
(c) Negotiating term loans with banks and financial institutions and appraisal thereof; (d) Introduction to
lease financing; (e) Venture capital finance.
6. Investment Decisions
(a) Purpose, Objective, Process; (b) Understanding different types of projects; (c) Techniques of Decision
making: Non-discounted and Discounted Cash flow Approaches – Payback Period method, Accounting
Rate of Return, Net Present Value, Internal Rate of Return, Modified Internal Rate of Return, Discounted
Payback Period and Profitability Index; (d) Ranking of competing projects, Ranking of projects with
unequal lives.
7. Management of Working Capital
(a) Working capital policies; (b) Funds flow analysis; (c) Inventory management; (d) Receivables
management; (e) Payables management; (f) Management of cash and marketable securities; (g) Financing
of working capital.
A-34
BCO-009: Taxation 8 Credits
Part A: Income Tax (75 marks)
Objectives:
(a) gain knowledge of the provisions of Income-tax law relating to the topics mentioned in the contents
below and
(b) To gain ability to solve simple problems concerning assessees with the status of ‘Individual’ and ‘Hindu
Undivided Family’ covering the areas mentioned in the contents below.
Contents:
1. Important definitions in the Income-tax Act, 1961
2. Basis of charge; Rates of taxes applicable for different types of assessees
3. Concepts of previous year and assessment year
4. Residential status and scope of total income; Income deemed to be received / deemed to accrue or arise
in India
5. Incomes which do not form part of total income
6. Heads of income and the provisions governing computation of income under different heads
7. Income of other persons included in assessee’s total income
8. Aggregation of income; Set-off or carry forward and set-off of losses
9. Deductions from gross total income
10. Computation of total income and tax payable; Rebates and reliefs
11. Provisions concerning advance tax and tax deducted at source
12. Provisions for filing of return of income.
Part B: Service tax and VAT (25 marks)
Objective:
To gain knowledge of the provisions of service tax as mentioned below and basic concepts of Value added tax
(VAT) in India.
Contents:
1. Service tax - Concepts and general principles
2. Charge of service tax and taxable services
3. Valuation of taxable services
4. Payment of service tax and filing of returns
5. VAT - Concepts and general principles.
Note: If new legislations are enacted in place of the existing legislations the syllabus will accordingly include
the corresponding provisions of such new legislations in the place of the existing legislations with effect
from the date to be notified by the Institute. Students shall not be examined with reference to any particular
State VAT Law.
A-35
BCO-010: Information Technology and Strategic Management 8 Credits
Part A: Information Technology (50 Marks)
Objective:
To develop an understanding of Information Technology and its use by the business as facilitator and driver.
Contents:
1. Introduction to Computers
(a) Computer Hardware: Classification of Computers - Personal computer, Workstation, Servers
and Super computers Computer Components - CPU, Input output devices, Storage devices
(b) BUS, I/O CO Processors, Ports (serial, parallel, USB ports), Expansion slots, Add on cards, On
board chips, LAN cards, Multi media cards, Cache memory, Buffers, Controllers and drivers
(c) Computer Software: Systems Software - Operating system, Translators (Compilers, Interpreters
and Assemblers), System utilities; General Purpose Software/ Utilities - Word Processor, Spread
Sheet, DBMS, Scheduler / Planner, Internet browser and E-mail clients; Application Software -
Financial Accounting, Payroll, Inventory; Specialised Systems”.. Enterprise Resource Planning
(ERP) , Artificial Intelligence , Expert Systems, Decision Support Systems - An Overvi.ew
2. Data Storage, Retrievals and Data Base Management Systems
(a) Data and Information Concepts: Bits, Bytes, KB, MB, GB, IB
(b) Data organization and Access: Storage Concepts: Records, Fields, Grouped fields, Special fields
like date, Integers, Real, Floating, Fixed, Double precision, Logical, Characters, Strings, Variable
character fields (Memo); Key, Primary key, Foreign key, Secondary key, Referential integrity,
Index fields; Storage tecbniques: Sequential, Block Sequential, Random, Indexed, Sequential
access, Direct access, Random access including Randomizing; Logical Structure and Physical
structure of files.
(c) DBMS Models and Classification: Need for database, Administration, Models, DMLand DDL
(Query and reporting); Data Dictionaries, Distributed data bases, Object oriented databases,
Client Server databases, Knowledge databases
(d) Backup and recovery - backup policy, backup schedules, offsite backups, recycling of backups,
frequent checking of recovery of backup
(e) Usage of system software like program library management systems and tape and disk
management systems - features, functionalities, advantages
(f) Data Mining and Data Warehousing - An overview
3. Computer Networks & Network Security
(a) Networking Concepts - Need and Scope, Benefits; Classification: LAN, MAN, WAN, VPN;
Peer-to-Peer, Client Server; Components- NIC, Router, Switch, Hub, Repeater, Bridge, Gateway,
Modem Network Topologies- Bus, Star, Ring, Mesh, Hybrid, Architecture :Token ring, Ethernet
Transmission Technologies and Protocols - OSI, TCP/IP, ISDN etc.; Network Operating System
(b) Local Area Networks- Components of a LAN, Advantages of LAN
(c) Client Server Technology: Limitation of Single user systems and need for Client Server
Technology; Servers - Database, Application, Print servers, Transaction servers, Internet servers,
Mail servers, Chat servers, IDS; Introduction to 3- tier and “n” tier architecture (COM, COM+)
(d) Data centres: Features and functions, Primary delivery centre and disaster recovery site
(e) Network Security: Need; Threats and Vulnerabilities; Security levels; techniques
4. Internet and other technologies
(a) Internet and world-wide web, Intranets, Extranets, applications of Internet, Internet protocols
(b) E-Commerce - Nature, Types (B2B, B2C, C2C), Supply chain management, CRM, Electronic
data interchange (EDI), Electronic fund transfers (EFT), Payment portal, E-Commerce security;
(c) Mobile Commerce, Bluetooth and Wi-Fi
5. Flowcharts, Decision Tables.
A-36
Part B: Strategic Management (50 Marks)
Objectives:
(a) To develop an understanding of the general and competitive business environment,
(b) To develop an understanding of strategic management concepts and techniques,
(c) To be able to solve simple cases.
Contents:
1. Business Environment: General Environment - Demographic, Socio-cultural, Macro-economic, Legal/
political, Technological and Global Competitive Environment.
2. Business Policy and Strategic Management: Meaning and nature; Strategic management imperative;
Vision, Mission and Objectives; Strategic levels in organisations
3. Strategic Analyses: Situational Analysis - SWOT Analysis, TOWS Matrix, Portfolio Analysis - BCG
Matrix.
4. Strategic Planning: Meaning, stages, alternatives, strategy formulation.
5. Formulation of Functional Strategy: Marketing strategy, Financial strategy, Production strategy,
Logistics strategy, Human resource strategy.
6. Strategy Implementation and Control: Organisational structures; Establishing strategic business units;
Establishing profit centers by business, product or service, market segment or customer; Leadership and
behavioural challenges.
7. Reaching Strategic Edge: Business Process Reengineering, Benchmarking, Total Quality Management,
Six Sigma, Contemporary Strategic Issues.
BCOL-101: 100 Hours Information Technology Training Programme 8 Credits
Syllabus
S1. No. Topic Duration
1. Computer Fundamentals 1 hr.
2. Operating Systems 6 hrs.
3. MS-Word 6 hrs.
4. MS-Excel 15 hrs.
5. MS-PowerPoint 5 hrs.
6. Data Bases 15 hrs.
7. MS-Office utilities 3 hrs.
8. Accounting package 20 hrs.
9. Computer Aided Audit Techniques 12 hrs.
10. Web Technology and E-Commerce 10 hrs.
11. Introduction to Visual Basic 5 hrs.
12 Digital Signature and Verification of Electronic Record 2 hrs.
Total 100 hrs.
Structure of Examination
Online Examination 60 Marks
Project Report to be evaluated by the BOS 20 Marks
Module tests 20 Marks
Pass Marks 60 Marks

CPT[common proficiency test]

2009-09-20T01:55:00.000+05:30

Course Identification/Name

The course at this level is identified as

*
CPT » Common Proficiency Test

This is the entry level i.e. Lowest/First level at which a student
can start pursuing the Chartered Accountancy (professional accounting) course.

Course Duration

The minimum course duration as per the regulations of the institution is

*
CA_CPT — 2 months [6 months]

The course duration is the minimum time that a student has to spend on taking up the course at this level. It is the period starting from, the time the student gets registered for the course, to the time the student completes the course.

A student can appear at the first examination falling immediately after the completion of the minimum duration. The actual time that a student has to spend on the course (from registration to examination) is dependent on the actual date of registration.

Since examinations are conducted for the course only twice a year, the course duration can be assumed to be 6 months.

Are Graduates Required to take up this level?

The admission requirements for the second level of the course i.e. PCC (Professional Competency Course) stipulate that the student should have qualified in the CPT.

This level is thus the entry level for all the students. Even graduates have to take up this level.

When are the Examinations Conducted?

The main/final examinations for the course at this level (CPT) are conducted twice every year on the first sunday of the months of June and December. The examinations are generally conducted on specified dates every year. The dates do not change except under extraordinary circumstances.

*
June Examination
June 8, 2008; June 7, 2009;
*
December Examination
December 7, 2008; December 6, 2009;

Eligibilty of Supplementary Passed Candidates!!

There is no restriction of any sort on the eligibility of supplementary passed candidates to do these courses. One can pursue the course even if he/she is a supplementary passed candidate at the 10th (or equivalent examination) or the 10 + 2 (or equivalent examination).

Pursuing this level along with 10 + 2!!

The cours at this level is designed for being pursued by the students along with their 10 + 2 (intermediate). Though the CPT Course duration is only 3 months, the CPT examination can be only taken up after writing the 10 + 2 examinations or its equivalent.

There would also be no restriction for this level being taken up after 10 + 2 (Or) with regard to this level being pursued along with formal graduation course (B.Com).
Note
There is a restriction with regard to pursuing other courses while pursuing the next level (PCC) of this course.

Pursuing the subsequent levels along with Graduation

A student on passing the CPT would be taking up the PCC (professional competence course) which requires the student to undergo compulsory articleship training with a practicing Chartered Accountant for a three and half year period.

A student taking up the PCC and undergoing articleship training is permitted to take up only one of the specified courses during the period of training.

This in a way would impose a restriction on the students chance of taking up any and every course and that too in the regular mode.
ca,icwa,cs,cima,icma,acca,cpa,accounting,profession

ca,icwa,cs,cima,icma,acca,cpa,accounting,profession

Course Structure » Subjects to be Studied

The CPT (Common Proficiency Test) is an objective type examination of 4 hours duration divided into 2 sessions of 2 hours each.

Each session consists of two subjects with a total marks of 100. The examination is a multiple choice examination with negative marking.

To qualify at the CPT, a student has to obtain a total of 50% marks in all the papers together.
Subjects

*
Session I
o Section A : Fundamentals of Accounting
o Section B : Mercantile Laws
*
Session II
o Section C : General Economics
o Section D : Quantitative Aptitude

Course structure

2009-09-20T01:52:00.000+05:30

Start/Register for CPT after 10th

CPT » Common Proficiency Test
[4 subjects arranged into 2 sessions of 2 hours and 100 marks each.]

Appear for CPT after writing 12th Exams

Register for PCC after passing both CPT & 10 + 2

PCC » Professional Competency Course
[12 subjects arranged into 2 groups 3 papers each]

Practical Training
[As an Articled for 3 ½ Years
or
As an Audit Clerk for 56 months] ITT
Information Technology Training
A course of 100 hour duration to be
completed before being eligible
to appear for the PCE

Appear for PCE after completing 15 months of Training and ITT

PCE » Professional Competency Examination

Appear for Final
[After Passing PCE and
Completing Practical Training] GMC
General Management
& Communciation Skills Course
Undergo this course simultaneously

Pass Final

Become an Associate Member

List of the institutes for c.a

2009-09-19T08:36:00.000+05:30

A.V.S. College of Arts and Science, Salem( Tamil Nadu )
Attur Main Road, Ramalingapuram , Salem ( Salem Dist. ) - 636106

Account Age Infotech Pvt .Ltd, Dehradun( Uttarakhand )
18, DAV (PG) College Road , Dehradun ( Dehradun Dist. ) - 248001

Agra Branch of C.I.R.C. of I.C.A.I., Agra( Uttar Pradesh )
77, M.K. Tower, 1st Floor, Sanjay Place , Agra ( Agra Dist. ) - 282002

Ahmedabad Branch of W.I.R.C. of I.C.A.I., Ahmedabad( Gujarat )
123, Sardar Patel Colony, Near Usmanpura Underbridge, Naranpura , Ahmedabad ( Ahmedabad Dist. ) - 380014

Ambala Branch of N.I.R.C. of I.C.A.I., Ambala( Haryana )
3rd Floor, 6352/11, Hotel Shingar Palace , Nicholson Road , Ambala ( Ambala Dist. ) - 133001

Asansol Branch of E.I.R.C. of I.C.A.I., Asansol( West Bengal )
ICAI Bhawan, Kalayanpur Housing More, Vivekananda Sarani,, P.O. Asansol , Asansol ( Bardhaman (Burdwan) Dist. ) - 713305

Aurora's Degree College, Hyderabad( Andhra Pradesh )
Chikkadpally , Hyderabad ( Hyderabad Dist. ) - 500020

B.H.S. First Grade College, Jaya Nagar( Karnataka )
35/1, 11th Main, Fourth Block , Jaya Nagar ( Bangalore (Bengaluru) Dist. ) - 560011

Badruka Institute of Professional Studies, Hyderabad( Andhra Pradesh )
Badruka Educational Society, Station Road, Kachiguda , Hyderabad ( Hyderabad Dist. ) - 500027

Bangalore Branch of S.I.R.C. of I.C.A.I., Bangalore( Karnataka )
'ICAI Bhawan', # 16/O, Millers Tank Bed Area , Bangalore ( Bangalore (Bengaluru) Dist. ) - 560052

Baroda Branch of W.I.R.C. of I.C.A.I, Vadodara( Gujarat )
2-B, Ramkrishna Chambers, Productivity Road , Vadodara ( Vadodara (Baroda) Dist. ) - 390007

Belgaum Branch of S.I.R.C. of I.C.A.I., Belgaum( Karnataka )
“ICAI Bhawan”, Swaroop Plaza, IIND Floor, Shukarwar Peth, Tilakwadi , Belgaum ( Belgaum Dist. ) - 590006

Bharatiya Vidya Bhavan's Gandhi Vidyashram, Kodaikanal( Tamil Nadu )
Post Box No. 9, Golf Club Road , Kodaikanal ( Dindigul Dist. ) - 624101

Bharatiya Vidya Bhavan's Vivekananda College of Science, Humanities and Commerce, Secunderabad( Andhra Pradesh )
Sainikpuri , Secunderabad ( Rangareddy Dist. ) - 500094

Bhilwara Branch of C.I.R.C. of I.C.A.I., Bhilwara( Rajasthan )
Kailash Tower, IInd Floor, Opp. Solanki Talkies, Shastri Nagar , Bhilwara ( Bhilwara Dist. ) - 311001

Bhopal Branch of C.I.R.C. of I.C.A.I., Bhopal( Madhya Pradesh )
Plot No 148, Zone II, MP Nagar, Near Pragati Petrol Pump , Bhopal ( Bhopal Dist. )

Bikaner Branch of C.I.R.C. of I.C.A.I., Bikaner( Rajasthan )
Khaturia Bhawan, Transport Gali, G S Road , Bikaner ( Bikaner Dist. ) - 334001

Bishamber Sahai Degree College, Roorkee( Uttarakhand )
Bishamber Sahai Institute, 6 KM. Stone, Roorkee-Saharanpur Road , Roorkee ( Haridwar Dist. ) - 247667

Biyani (G) Commerce College, Jaipur( Rajasthan )
R-4, Sector No 3, Vidyadhar Nagar , Jaipur ( Jaipur Dist. ) - 302023

C.B. Bhandari Jain College, Bangalore( Karnataka )
No.84, K.R. Road, Shankarapuram , Bangalore ( Bangalore (Bengaluru) Dist. ) - 560004

C.M.R. Institute of Management Studies, Bangalore( Karnataka )
No.2, 3rd 'C ’ Cross, 6th 'A’ Main, 2nd Block, HRBR Layout, , Bangalore ( Bangalore (Bengaluru) Dist. ) - 560043

C.P. Patel and F.H. Shah Commerce College, Anand( Gujarat )
P.O. Box : 41, Bhalej Road , Anand ( Anand Dist. ) - 388001

C.S.I. College of Commerce, Dharwad( Karnataka )
Dharwad ( Dharwad Dist. )

Calicut Branch of S.I.R.C. of I.C.A.I., Kozhikode( Kerala )
ICAI Bhavan, Cherootty Nagar, Near Planetarium, Eranhipalam (P.O.) , Kozhikode ( Kozhikode Dist. ) - 673006

Canara College, Mangalore( Karnataka )
Mahatma Gandhi Road , Mangalore ( Dakshina Kannada Dist. ) - 575003

Chandigarh Branch of N.I.R.C. of I.C.A.I., Chandigarh( Chandigarh )
ICAI Bhawan, Opposite Community Centre, Sector35-B (Near Gurdwara) , Chandigarh ( Chandigarh ) - 160035

Changu Kana Thakur Arts, Commerce and Science College, Raigad( Maharashtra )
Plot No.8, Sector 14, CIDCO Colony Opp. Rly Station, New Panvel , Raigad ( Raigad Dist. )

Christ University, Bangalore( Karnataka )
Hosur Road , Bangalore ( Bangalore (Bengaluru) Dist. ) - 560029

Coimbatore Branch of S.I.R.C. of I.C.A.I., Coimbatore( Tamil Nadu )
ICAI Bhawan, M.S.S. Memorial Building, No: 08, D. B. Road, R. S. Puram , Coimbatore ( Coimbatore Dist. ) - 641002

College of Professional Education (C.P.E.), Meerut( Uttar Pradesh )
A-1, Damodar Colony, Garh Road , Meerut ( Meerut Dist. )

Cuttack Branch of E.I.R.C. of I.C.A.I., Cuttack( Orissa )
Room No. 210 and 211, Gallary No. 4, Barbati Stadium Complex , Cuttack ( Cuttack Dist. ) - 753005

D.A.V. Institute of Management, Faridabad( Haryana )
NH-3, NIT, Near ESI Hospital , Faridabad ( Faridabad Dist. ) - 121006

Deccan Education Society's Brihan Maharashtra College of Commerce, Pune( Maharashtra )
845, Shivajinagar , Pune ( Pune Dist. ) - 411004

Deen Dayal Upadhyaya College, New Delhi( Delhi )
(University of Delhi) Karampura, Shivaji Marg , New Delhi ( Delhi ) - 110015

Delhi Branch of N.I.R.C. of I.C.A.I., New Delhi( Delhi )
Indraprastha Marg , New Delhi ( Delhi ) - 110002

Deshbhakta Ratnappa Kumbhar College of Commerce, Kolhapur( Maharashtra )
649, 'C' Ward, Near Azad Chowk , Kolhapur ( Kolhapur Dist. ) - 416002

Dhanbad Branch of C.I.R.C. of I.C.A.I., Dhanbad( Jharkhand )
"ICAI Bhawan", 4th Floor, New Market, Bank More , Dhanbad ( Dhanbad Dist. ) - 826001

Dhirajlal Talakchand Sankalchand Shah College of Commerce, Mumbai( Maharashtra )
Near Highway, Kurar, Malad(E) , Mumbai ( Mumbai Dist. ) - 400097

Ernakulam Branch of S.I.R.C. of I.C.A.I., Kochi( Kerala )
"ICAI Bhavan" Diwan's Road , Kochi ( Ernakulam Dist. ) - 682016

Faridabad Branch of N.I.R.C. of I.C.A.I., Faridabad( Haryana )
27 Crown Plaza, Neelam Bata Road , Faridabad ( Faridabad Dist. ) - 121001

Farook College, Kozhikode( Kerala )
P.O. Farook College , Kozhikode ( Kozhikode Dist. ) - 673632

G.S. College of Commerce and Economics, Jabalpur( Madhya Pradesh )
Amaravati Road , Jabalpur ( Jabalpur Dist. ) - 440010

Gargi College, New Delhi( Delhi )
University of Delhi, Sri Fort Road , New Delhi ( Delhi ) - 110049

Ghaziabad Branch of C.I.R.C. of I.C.A.I., Ghaziabad( Uttar Pradesh )
Yamunotri Complex, IInd Floor, A-12, Ambedkar Road , Ghaziabad ( Ghaziabad Dist. ) - 201001

Gobi Arts and Science College, Erode( Tamil Nadu )
Gobichettipalayam, Karattadipalayam , Erode ( Erode Dist. ) - 638453

Goswami Ganesh Dutta Sanatan Dharama College, Chandigarh( Chandigarh )
Sector 32-C , Chandigarh ( Chandigarh ) - 160030

Gurgaon Branch of N.I.R.C. of I.C.A.I., Gurgaon( Haryana )
M-49, Old DLF Colony, Sector 14 , Gurgaon ( Gurgaon Dist. ) - 122001

H.L. Centre for Professional Education, Ahmedabad( Gujarat )
HL College Campus, Navrangpura , Ahmedabad ( Ahmedabad Dist. ) - 380009

Hubli Branch of S.I.R.C. of I.C.A.I., Hubli( Karnataka )
No. A:-12-18, II Floor, U.S.A. Centre, Coen Road , Hubli ( Dharwad Dist. ) - 580020

Hyderabad Branch of S.I.R.C. of I.C.A.I., Hyderabad( Andhra Pradesh )
ICAI Bhavan, 11-5-398/C, Red Hills , Hyderabad ( Hyderabad Dist. ) - 500004

Indore Branch of C.I.R.C. of I.C.A.I., Indore( Madhya Pradesh )
ICAI Bhawan, Plot no 19-B,Scheme no 78, Near Madhya Pradesh Pollution Board , Indore ( Indore Dist. ) - 452010

Institute of Computer Accountants, Mumbai( Maharashtra )
102, B-67, Opp.TMT Bus Stop, Above Malaika Showroom, Near Station, Mira Road (East) , Mumbai ( Mumbai Dist. ) - 401107

Institute of Computer Accountants (I.C.A.), Hyderabad( Andhra Pradesh )
301,Creative Plaza, Shankarmut, Nallakunta , Hyderabad ( Hyderabad Dist. )

Institute of Professional Studies and Research, Cuttack( Orissa )
IPSAR College, Campus III, Satichaura, CDA- Sector-2 , Cuttack ( Cuttack Dist. ) - 753014

Jagannath Barooah (J.B.) College, Jorhat( Assam )
J.B. College Road , Jorhat ( Jorhat Dist. ) - 785001

Jaipur Branch of C.I.R.C. of I.C.A.I., Jaipur( Rajasthan )
"ICAI Bhawan" D-1, Jhalana Doongari Institutional Area , Jaipur ( Jaipur Dist. ) - 302004

Jamal Mohamed College, Tiruchirappalli( Tamil Nadu )
Post Box No. 808, 7, Race Course Road, Khaja Nagar , Tiruchirappalli ( Tiruchirappalli (Trichy) Dist. ) - 620020

Jamnagar Branch of W.I.R.C. of I.C.A.I., Jamnagar( Gujarat )
305, 306, 313 and 314, Mayur Complex, Khodiyar Colony, Aerodrome Road , Jamnagar ( Jamnagar Dist. ) - 361006

Jamshedpur Branch of C.I.R.C. of I.C.A.I., Jamshedpur( Jharkhand )
Room No. 20, Centre for Excellence, Jubilee Road , Jamshedpur ( East Singhbhum Dist. ) - 831001

K.C.E. Society's Moolji Jaitha College, Jalgaon( Maharashtra )
Jalgaon ( Jalgaon Dist. ) - 425002

K.L.E. Society's S. Nijalingappa College, Bangalore( Karnataka )
2nd Block, Rajajinagar , Bangalore ( Bangalore (Bengaluru) Dist. ) - 560010

K.S.R. College of Arts and Science, Tiruchengode( Tamil Nadu )
KSR Kalvi Nagar , Tiruchengode ( Namakkal Dist. ) - 637215

Karnatak Law Society's Gogte College of Commerce, Belgaum( Karnataka )
Tilakwadi , Belgaum ( Belgaum Dist. ) - 590006

Kongu Arts and Science College, Erode( Tamil Nadu )
Nanjanapuram , Erode ( Erode Dist. ) - 638107

Kottayam Branch of S.I.R.C. of I.CA.I., Kottayam( Kerala )
Kottayam Chartered Accountants
Association, Second Floor, Makkil Centre, G.S Road , Kottayam ( Kottayam Dist. ) - 686001

Kristu Jayanti College, Bangalore( Karnataka )
K. Narayanapura, Kothanur P.O. , Bangalore ( Bangalore (Bengaluru) Dist. ) - 560077

L.J. Institute of Professional Education, Ahmedabad( Gujarat )
C/o L.J. College Campus, Vastrapur , Ahmedabad ( Ahmedabad Dist. ) - 380015

Loyola College, Chennai( Tamil Nadu )
Sterling Road, Nungambakkam , Chennai ( Chennai Dist. ) - 600034

Lt. Meenaben Jayantilal Kundaliya English Medium Mahila Commerce College, Rajkot( Gujarat )
Kasturba Road, Opp. Jain Derasar , Rajkot ( Rajkot Dist. ) - 360001

Lucknow Branch of C.I.R.C. of I.C.A.I., Lucknow( Uttar Pradesh )
`Jagriti’, Vikash Khand - I, Institutional Area, Gomti Nagar , Lucknow ( Lucknow Dist. ) - 226010

Ludhiana Branch of N.I.R.C. of I.C.A.I., Ludhiana( Punjab )
ICAI Bhawan, Near Silver OAK Garden, Basant City Road, Pakhowal Road , Ludhiana ( Ludhiana Dist. )

M.E.S. College of Commerce, Sirsi( Karnataka )
P.B. No.31 , Sirsi ( Uttara Kannada Dist. ) - 581402

M.N.R. Degree College, Hyderabad( Andhra Pradesh )
Bhagyanagar, Kukatpally , Hyderabad ( Hyderabad Dist. ) - 500072

Madurai Branch of S.I.R.C. of I.C.A.I., Madurai( Tamil Nadu )
Icai Bhavan, Madurai icai Street , Madurai ( Madurai Dist. )

Maharaja Agrasen College (M.A.C.), Jagadhri( Haryana )
Jagadhri ( Yamuna Nagar Dist. ) - 135003

Mahavir Institute of Educational Training and Management, New Delhi( Delhi )
C/o Mahavir Senior Model School, Near Rana Pratap Bagh, Opp. Nanak, Piao Gurudwara, G.T. Karnal Road , New Delhi ( Delhi ) - 110007

Malad Kandivali Education Society's Nagindas Khandwala College of Commerce and Arts, Mumbai( Maharashtra )
Road No 1, Bhadran Nagar, Off S.V. Road, Malad (West) , Mumbai ( Mumbai Dist. ) - 400064

Mangalore Branch of S.I.R.C. of I.C.A.I., Mangalore( Karnataka )
Mahendra Arcade, Codialbail , Mangalore ( Dakshina Kannada Dist. ) - 575003

Mercy College, Palakkad( Kerala )
Palakkad ( Palakkad Dist. ) - 678006

Mumbai Branch of W.I.R.C of I.C.A.I, Colaba( Maharashtra )
ICAI Bhawan, 27, Cuffe Parade, P.B. No. 6081 , Colaba ( Mumbai Dist. ) - 400005

Mysore Branch of S.I.R.C. of I.C.A.I., Mysore( Karnataka )
Pravachna Mandra, Abinava Shankaralaya, Fort Mohalla , Mysore ( Mysore Dist. ) - 570004

Narayan Zantye College of Commerce, Bicholim( Goa )
Post Industrial Estate, Sarvan , Bicholim ( North Goa Dist. ) - 403504

Narsee Monjee College of Commerce and Economics, Mumbai( Maharashtra )
JVPD Scheme, Road No.1, Vile Parle (W) , Mumbai ( Mumbai Dist. ) - 400056

Oyster Learning, Noida( Uttar Pradesh )
A-10, Sector 19 , Noida ( Gautam Buddha Nagar Dist. ) - 201308

P.G.D.A.V. College, New Delhi( Delhi )
Nehru Nagar, Ring Road , New Delhi ( Delhi ) - 110065

P.S.G. College of Arts and Sciences, Coimbatore( Tamil Nadu )
Civil Aerodrome Post , Coimbatore ( Coimbatore Dist. ) - 641014

Parle Tilak Vidyalaya Association's Mulund College of Commerce, Mumbai( Maharashtra )
Sarojini Naidu Road, Mulund (West) , Mumbai ( Mumbai Dist. ) - 400080

Pragati Maha Vidyalaya Degree and Post Graduate College, Hyderabad( Andhra Pradesh )
Hanuman Tekdi, Kandaswamy Lane , Hyderabad ( Hyderabad Dist. ) - 500095

Prin. M.C. Shah Commerce College, Ahmedabad( Gujarat )
Navgujarat Campus, Ashram Road , Ahmedabad ( Ahmedabad Dist. ) - 380014

Pune Branch W.I.R.C. of I.C.A.I., Pune( Maharashtra )
5th Floor, Amber Chambers, 28/A, Budhwar Peth , Pune ( Pune Dist. ) - 411002

Quilon Branch of S.I.R.C. of I.C.A.I., Kollam( Kerala )
“ICAI Bhawan”, Pallithottam , Kollam ( Kollam Dist. ) - 691006

R.L. Institute of Management Studies (R.L.I.M.S.), Madurai( Tamil Nadu )
T.V.R Nagar, Aruppukottai Road , Madurai ( Madurai Dist. ) - 625022

Raipur Branch of C.I.R.C. of I.C.A.I., Raipur( Chhattisgarh )
A-21, First Floor, Mahavir Gaushala Complex, K. K. Road , Raipur ( Raipur Dist. ) - 492001

Rajajinagar Education Society's Sri Aurobindo First Grade College for Women, Bangalore( Karnataka )
#6/C, V Main, II Stage, Dr. M. C. Modi Road, Mahalakshmipuram , Bangalore ( Bangalore (Bengaluru) Dist. ) - 560086

Rajasthani Sammelan's Ghanshyamdas Saraf College of Arts and Commerce, Mumbai( Maharashtra )
Swami Vivekananda Road, Malad (W) , Mumbai ( Mumbai Dist. ) - 400064

Ramakrishna Mission Vivekananda College, Mylapore( Tamil Nadu )
98,99 P.S. Sivasami Salai , Mylapore ( Chennai Dist. ) - 600004

Rayat Shikshan Sanstha's Chandraroop Dakle Jain College of Commerce, Ahmednagar( Maharashtra )
Shrirampur , Ahmednagar ( Ahmednagar Dist. ) - 413709

Rayat Shikshan Sanstha's Karmaveer Bhaurao Patil College, Mumbai( Maharashtra )
Vashi, Juhunagar, Sector 15A , Mumbai ( Mumbai Dist. ) - 400705

Rohtak Branch of N.I.R.C. of I.C.A.I., Rohtak( Haryana )
Room No. 1, Aaykar Bhawan Delhi Road , Rohtak ( Rohtak Dist. ) - 124001

S.A.S.T.R.A. (Shanmugha, Arts, Science, Technology and Research Academy) University, Thanjavur( Tamil Nadu )
Tirumalaisamudram , Thanjavur ( Thanjavur Dist. ) - 613402

S.B.E.S. College of Arts and Commerce, Aurangabad( Andhra Pradesh )
Saraswatinagar, Aurangpura , Aurangabad ( Nellore Dist. ) - 431001

S.R.N. Adarsh College, Bangalore( Karnataka )
75, 5th Main Road, Near T R Mills, Chamarajpet , Bangalore ( Bangalore (Bengaluru) Dist. ) - 560018

S.S. Dempo College of Commerce and Economics, Panaji( Goa )
Serra Building, Near All India Radio, Altinho , Panaji ( North Goa Dist. ) - 403001

S.S.R.G. Women's College, Raichur( Karnataka )
Station Road , Raichur ( Raichur Dist. ) - 584101

Saharanpur Branch of C.I.R.C. of I.C.A.I., Saharanpur( Uttar Pradesh )
4/313, Bomanji Road, Near Pul Jogian , Saharanpur ( Saharanpur Dist. ) - 247001

Salem Branch of S.I.R.C. of I.C.A.I., Salem( Tamil Nadu )
ICAI Bhawan, 65, Ramakrishna Road , Salem ( Salem Dist. ) - 636007

Samyuktha Health and Academic Society's Samyuktha M.J.M. Junior College, Vishakapatnam( Andhra Pradesh )
Gandhinagar, Anakapalle , Vishakapatnam ( Vishakapatnam Dist. ) - 531001

Santha Junior College, Vishakapatnam( Andhra Pradesh )
Sai Dhamam, Sector - I, M.V.P. Colony , Vishakapatnam ( Vishakapatnam Dist. ) - 530017

Sardar Patel Mahavidyalaya, Chandrapur( Maharashtra )
Ganj Ward , Chandrapur ( Chandrapur Dist. ) - 442401

Seshadripuram Institute for Studies in Chartered Accountancy, Bangalore( Karnataka )
Seshadripuram Educational Trus, # 27 Nagappa Street, Seshadripuram , Bangalore ( Bangalore (Bengaluru) Dist. ) - 560020

Shaheed Bhagat Singh College, New Delhi( Delhi )
Sheikh Sarai, Phase-II , New Delhi ( Delhi ) - 110017

Siddhartha Degree College for Women, Hyderabad( Andhra Pradesh )
16-11-740/10 Vikram Plaza, Main Road Near Bus Stop, Dilsukhnagar , Hyderabad ( Hyderabad Dist. ) - 500036

Sindhi College of Arts and Science, Chennai( Tamil Nadu )
146, Poonamallee High R146, Poonamalle High Road, Near Thiruverkadu Temple Arch, Numballe Arch, Numbal , Chennai ( Chennai Dist. ) - 600077

Smt. Ramkumar Devi Fomra Vivekananda Vidyalaya (Junior College), Chennai( Tamil Nadu )
Kumaran Kundram, Chromepet , Chennai ( Chennai Dist. ) - 600044

Sree Krishna College, Guruvayoor( Kerala )
Post Ariyannoor , Guruvayoor ( Thrissur Dist. ) - 680102

Sree Narayana College, Kannur( Kerala )
P.O. Thottada , Kannur ( Kannur Dist. ) - 670007

Sri Balaji Degree College, Vijayawada( Andhra Pradesh )
D.No.39-15-2/A, Opp. Andhra Jyothi , Vijayawada ( Krishna Dist. ) - 520010

Sri Bhagawan Mahaveer Jain College, Bangalore( Karnataka )
# 91/2, Dr. A N Krishna Rao Road, V V Puram , Bangalore ( Bangalore (Bengaluru) Dist. ) - 560004

Sri Bhuvanendra (S.B.) College, Karkala( Karnataka )
Karkala ( Udupi Dist. ) - 574104

Sri Sai College, Bangalore( Karnataka )
1839, 3rd Cross Road, D Block, 2nd Stage, Rajajinagar , Bangalore ( Bangalore (Bengaluru) Dist. ) - 560010

St. Albert's College, Kochi( Kerala )
P.B. No. 3043, Banerjee Road , Kochi ( Ernakulam Dist. ) - 682018

St. Aloysius College, Mangalore( Karnataka )
P.B. No. 720, Kodyalbail , Mangalore ( Dakshina Kannada Dist. ) - 575003

St. Joseph's College, Kozhikode( Kerala )
Devagiri , Kozhikode ( Kozhikode Dist. ) - 673008

St. Joseph's College, Thrissur( Kerala )
Irinjalakkuda , Thrissur ( Thrissur Dist. ) - 680121

St. Joseph's College of Commerce, Bangalore( Karnataka )
No : 163, Brigade Road , Bangalore ( Bangalore (Bengaluru) Dist. ) - 560025

St. Joseph's P.G. College, Kurnool( Andhra Pradesh )
Sunkesala Road , Kurnool ( Kurnool Dist. ) - 518004

St. Thomas College, Thrissur( Kerala )
Thrissur ( Thrissur Dist. ) - 680001

Surat People's Bank Vanijya Vidya Bhavan's Sir K.P. College of Commerce, Surat( Gujarat )
Athwalines, Jawaharlal Nehru Marg , Surat ( Surat Dist. ) - 395001

T.Z.A. Shikshan Prasarak Mandal's Pragati College of Arts and Commerce, Thane( Maharashtra )
D.N.C. Road, Dattanagar, Dombivili (East) , Thane ( Thane Dist. ) - 421201

Takshshila Junior College, Ujjain( Madhya Pradesh )
Village Mindia, Navakheda Post, Sanwer Road , Ujjain ( Ujjain Dist. ) - 456006

Thakur College of Science and Commerce, Mumbai( Maharashtra )
Thakur Village, Kandivali (E) , Mumbai ( Mumbai Dist. ) - 400101

The American College, Madurai( Tamil Nadu )
Madurai ( Madurai Dist. ) - 625002

Tiruchirapalli Branch of S.I.R.C. of I.C.A.I., Tiruchirappalli( Tamil Nadu )
Green House Apartments, 28, MC Donald’s Road, Cantonment , Tiruchirappalli ( Tiruchirappalli (Trichy) Dist. ) - 620001

Tiruppur Kumaran College for Women, Tirupur( Tamil Nadu )
Post box no.18, S.R.Nagar, Mangalam Road , Tirupur ( Coimbatore Dist. ) - 641687

Tolani Commerce College, Kutch( Gujarat )
P.O Box # 27, Adipur , Kutch ( Kuchchh Dist. ) - 370205

Trichur Branch of S.I.R.C. of I.C.A.I., Thrissur( Kerala )
IX / 569, Sakthan Thampuran Nagar , Thrissur ( Thrissur Dist. ) - 680001

Trivandrum Branch of S.I.R.C. of I.C.A.I., Thiruvananthapuram( Kerala )
P.B.No.416, T.C.41/401, Pound Road, Thycaud , Thiruvananthapuram ( Thiruvananthapuram Dist. ) - 695014

Tuticorin Branch of S.I.R.C. of I.C.A.I., Tuticorin( Tamil Nadu )
“ICAI Bhawan”, 4/26G/2, Aathiparasakthi Nagar , Tuticorin ( Toothukudi (Tuticorin) Dist. ) - 628002

Upendra Pai Memorial College, Udupi( Karnataka )
Kunjibettu , Udupi ( Udupi Dist. ) - 576102

Vidya Vikas Mandal's Shree Damodar College of Commerce and Economics, Margao( Goa )
G.R. Kare Road, G.R. Kare Road, Tansor-Comba , Margao ( South Goa Dist. ) - 403601

Vivekanand College, Kolhapur( Maharashtra )
C.S. No 2130 “E” ward, Tarabai Park , Kolhapur ( Kolhapur Dist. ) - 416003

Women's Christian College, Chennai( Tamil Nadu )
Nungambakkam , Chennai ( Chennai Dist. ) - 600006

Welcome to the World of Chartered Accountants

2009-09-18T22:40:00.000+05:30

Profession of Chartered Accountancy
Chartered Accountancy is a challenging profession that offers practice or job opportunities in the
areas of accounting, auditing, corporate finance, project evaluation, company and other business
laws, taxation and corporate governance. The multi-faceted knowledge a chartered accountant
enjoys through unique academic programme blended with practical training is what the business
and industry need in the advent of liberalisation, privatization and globalisation of Indian economy.
Chartered Accountants are better equipped to discharge accounting and audit functions in a
computerized business environment.
About the Institute
The Institute of Chartered Accountants of India (ICAI) is a premier professional accountancy body
of the country, established in July, 1949 under the Chartered Accountants Act, 1949, enacted by
the Parliament to regulate the profession of Chartered Accountancy in India.
The Institute is governed by a Council in accordance with provisions of the Chartered Accountants
Act, 1949 as amended by the Chartered Accountants (Amendment) Act, 2006 (No.9 of 2006) and
the Chartered Accountants Regulations, 1988. The Council consists of 40 members of whom 32
are elected from among the members of the Institute and 8 are nominated by the Government of
India.
The Institute has its headquarters at New Delhi. In addition, it has five Regional Councils located in
Mumbai, Chennai, Kolkata, Kanpur and New Delhi and 117 Branches spread all over the country.
The Institute has also 18 Chapters outside India located in Abu Dhabi, Bahrain, Botswana, Doha,
Dubai, Indonesia, Jeddah, Kuwait, London, Melbourne, Nairobi, Nigeria, Port Moresby, Riyadh,
Saudi Arabia, Sydney, Toronto and Zambia.
The Institute is actively engaged in imparting education and training to the students and conducts
examinations for them and grants membership to successful candidates and certificates of practice
to members intending to practice the profession.
Board of Studies of the Institute imparts theoretical education to students of the chartered
accountancy course as well as to the students who prepare for entry level test called Common
Proficiency Test.
Requirements for becoming a Chartered Accountant
Requirements for becoming a chartered accountant under the new scheme are as follows:
(i) Enrol with the Institute for Common Proficiency Test after passing Class 10 examination
conducted by an examining body constituted by law in India or an examination recognized by
the Central Government as equivalent thereto.
(ii) Appear CPT examination after appearing in the Senior Secondary Examination (10+2
examination) conducted by an examining body constituted by law in India or an examination
recognised by the Central Government as equivalent thereto and after completion of specified
period from the date of registration for CPT with the Board of Studies. This specified period
for CPT examination is 60 days. The Common Proficiency Test are conducted twice in a year
i.e., in June and December.
(iii) Join PCC, articled training and register for 100 Hours Information Technology Training (ITT)
after passing CPT and 10+2 examination.
(iv) Undergo 100 Hours ITT on completion of three months of articled training (100 Hours ITT is a
20/25 days programme @ five/ four hours per day; the training will be treated as part of the
practical training).
(v) Appear in Professional Competence Examination (PCE), if
- worked for not less than fifteen months as an articled assistant or equivalent period as
an audit assistant or partly as an articled assistant and partly as an audit assistant, three
months prior to the first day of the month in which examination is held or completed 18
months of articled training as on 1st May/ 1st November, as the case may be; and
- completed 100 Hours ITT.
[ Eight months of audit training is treated as equivalent to six months of articled training. Any
fractional period of audit training less than eight months is not counted for this purpose]
(vi) Join CA Final course:
- After passing PCE register for Final course with the Board of Studies;
- Collect Study Materials of the Final Course and prepare for Final Examination;
- May undergo General Management and Communication Skills Course during last 12
months of articled training while undergoing Final course; and
- Complete articled training of 3½ years.
(vii) Appear in final examination on completion of the practical training on or before the last day of
the month preceding the month in which the examination is held.
(viii) Pass Final examination and complete GMCS Course.
(ix) Enrol for membership.
Career Opportunities For Chartered Accountants
Role played by a Chartered Accountant
Chartered Accountancy Course offers the students a dream career in the specialized areas of
Accounting, Auditing, Corporate Finance, Corporate Laws, Taxation.
Chartered Accountants are highly demanded professionals in industry.
Chartered Accountants are statutorily recognized audit practitioners.
Chartered Accountants are highly demanded and sought-after professionals in the practice of
Income-tax, Service-tax and other indirect tax areas.
Chartered Accountants are technically equipped to act as management consultants.
Chartered Accountants possess adequate knowledge in systems and information technology,
which help to excel in the areas such as development of advanced IT systems for the
organisations including for the functions of finance and accounting.
Independent Professional Practices
As practitioners of public accounting, CAs may start Professional practice as a proprietor or join
any existing firm as a partner or staff member. A CA provides compliance and review services. A
CA also acts as a business advisor by providing all kinds of services including the preparation of
financial reports, helping the business to secure loans, preparing financial projections and
determining the viability of business. As a tax advisor, a CA helps businesses and individuals to
comply with tax laws.
Management Consultancy Services
CAs play a vital role in assisting business and industry to improve the use of their resources,
increase their efficiency and achieve their objectives. The breadth of management advisory
services rendered by CAs reflect their expertise in diverse areas. Such services include financial
management, planning and financial policy determination such as
 Preparation of project reports and feasibility studies
 Market research and demand studies
 Budgeting, inventory management, working capital management
 Business policy, corporate planning, organization development, growth and diversification
 Organisation structure and behaviour, development of human resources
 Systems analysis and design, and computer related services
 Advisor or consultant to capital issue
 Investment counselling in respect of securities
 Corporate Governance
Opt for Industry / Government Organisation
A CA may prefer to join an industry or governmental department and ultimately hold responsible
positions. Many Chartered Accountants hold responsible positions in business or industrial firms
as CEOs, Managing Directors, Director (Finance) and Chief Accountants.
The average salary works out to be about Rs. 6 lacs per annum. Major details are
as below:
Salary Range Number of Candidates
Rs. 9,00,000 and above 70
Rs. 7,50,000 to Rs. 8,99,000 97
Rs. 5,00,000 to Rs. 7,49,000 737
Rs. 3,50,000 to Rs. 4,99,000 363
Total 1267
Top Recruiters during the February-March-April 2008 Campus Interviews:
S No Company Name Selected
1 ICICI Bank 135
2 Deloitte 90
3 RIL 77
4 Vedanta 72
5 Infosys Technologies Ltd 61
6 Tata Consultancy Services 58
Top Ten Remunerations offered during the February-March-April, 2008
Campus Interviews
S No. Company Name
Remuneration Offered
(Rs. In lacs P. A.)
1
Qatar Insurance Company 16.17
(International Posting)
2 ABN AMRO 12.00
3(a) Sharaf Shipping 11.02* (International Posting)
3(b) Nestle 11.00
4 ITC 10.62
5 RAK Ceramics Psc*(International Posting) 10.50
6 Sunrise & Co.(Pte.) Ltd 10.00
7 ETA Escon group of Companies 9.72* (International Posting)
8 KEC Limited 9.50
9 ICICI Bank 8.34
10(a) S R Batliboi & Associates 8.00
10(b) United Finance 8.00 (International Posting)
* 1 AED=10.8 INR

syllabus of c.a at the stage of PE-1,PE-2............ and other details

2009-09-18T22:25:00.000+05:30

THE CHARTERED ACCOUNTANCY IN INDIA:

The Chartered Accountants are entrusted with substantial responsibility under various legislations such as compulsory audit of the all companies, banks, stock brokers, big income-tax assesses, large bank borrowers, etc. This shows the confidence and trust reposed by the Government and society in the profession. The society has increasingly recognized the services of CAs in the entire gamut of management consultancy services including management accounting, management information and control system, international finance information technology and financial services sector. The types of functions generally performed by the Chartered Accountants are quite varied; some of the important ones amongst them are listed below:

(i) Accountancy: The writing up of accounts and the preparation of Financial statements from the simplest receipts and payment Accounts of a small club to the complex and detail accounts of large public limited companies.

(ii) Auditing: The purpose of auditing is to satisfy the users of financial Statements that the accounts presented to them are drawn up on Correct accounting principles and that they represent a true and fair view of the state of affairs.

(iii) Taxation: The assessment of taxes is closely linked to financial Accounts. The Chartered Accountant with his experience in accounts is in an advantageous position to prepare the returns for tax purposes, represent assesses before the income tax authorities and render general advice on taxes to his clients. The services of CA may be requisitioned by the tax department for auditing taxation cases with large revenue potential.

(iv) Cost Accountancy: A Chartered Accountant is equipped to provide information on costing for the guidance of management, introduce cost control methods and assist the management in determining appropriate selling prices.

(v) Special Company Work: The services or advice of Chartered Accountants are frequently sought in connection with matters such as the formation, financial structure and liquidation of limited companies.

(vi) Investigation: Chartered Accountants are often called upon to carry out investigation to ascertain the financial position of business house for the purpose of issue of new shares, purchase or sale or financing of business, finding out reasons for increase or decrease of profits, reconstruction and amalgamations.

(vii) Executors and Trustees: A Chartered Accountant is also often appointed executor under a will or trust in order to carry on the administration of the estate or settlement.

(viii) Directorship: Many members of the Institute who hold senior positions in industry and commerce are also directors of their companies.

(ix) Companies Secretarial Work: As a Secretary, the Chartered Accountant is an important link in the management chain.

(x) Management Accounting: The Chartered Accountant’s service is utilized in a variety of ways like formulation of policies, control and performance evaluation.

(xi) Share Valuation Work: A Chartered Accountant undertakes the valuation of shares of public and private companies at the time of amalgamation or reorganization.

(xii) Other Activities: Other duties undertaken by a Chartered Accountant includes those of an Arbitrator for settling disputes specially those connected with insolvency work such as the preparation of statements of affairs and the duties of a trustee in bankruptcy or under a deed of arrangement.

To be good Chartered Accountant, you require not just business acumen and numerical ability, but good communication skills, objectivity, independence of thought and integrity coupled with the ability to work under the pressure of deadlines.

A person who desires to be a Chartered Accountant has to be a member of the Institute of Chartered Accountant of India, Indraprastha Marg, New Delhi-110002. The Institute was established in 1949 under the Chartered Accountants Act, 1949 and is governed by a Council in accordance with the Chartered Accountants Regulations , 1988.

In order to be a Chartered Accountant, one has to follow the courses of study , as below:-
PROFESSIONAL EDUCATION COURSE

One can enter the Chartered Accountancy course by joining Professional Education course. This course is available in two parts – I.e. (A) Professional Education (PE Course I) and (B) Professional Education (PE Course II).

PE Course I is compulsory for students joining after 10+2 and Graduates with less than specified marks. Candidates who are graduates with more than specified marks or those who have passed the Final examination of the Institute of Cost and Works Accounts of India (I.C.W.A.I) or the Institute of Company Secretaries of India (I.C.S.I.) are exempted from PE Course – I.

PE Course – II is compulsory for all irrespective of the fact whether one is coming through PE Course-I stream or is exempted from PE Course-I.

The term graduate does, however, not cover a graduate in music, dancing, photography, paining and sculpture.

(A) PROFESSIONAL EDUCATION ( COURSE –I)

· The minimum duration of the course is ten months.

** The registration for Professional Education (Course- I ) is open throughout the year.

*** The eligibility/conditions for this course are as follow:-

(a) Pass in Senior Secondary Examination (10+2) or equivalent recognized examination.

(b) There is no restriction with regard to the age of the candidate or marks secured in Senior Secondary Examination or subjects studied.

(c) Following graduates who have secured less than specified marks:-

(i) Commerce graduates with Accountancy, Auditing and Mercantile Law or Commercial Law as full examination paper. For this purpose “full examination paper” means a paper carrying out less than 50 marks.

(ii) Non-commerce graduates with Mathematics as one of the subjects and with less than 60% of the total marks.

(iii) Non-commerce Graduates with subjects other than Mathematics and with less than 55% of the total marks.

(d) Candidates who have appeared in 10+2 or its equivalent examination are eligible for “Provisional Registration” for Professional Education (Course – I).

A student may register at any time during the year. The examinations are held twice a year in May and November. A student should get himself/herself registered at least ten months before the examinations. For May Examination he/she should, therefore, be registered before 30th June of the preceding year and for November Examination he/she should be registered before 31st December of the preceding year.

The subjects of study for the Professional Education (Course-I) are:

Fundamentals of Accounting, Mathematics and Statistics, Economics, Business Communication and Organization and Management.

The purpose to study the above mentioned subjects is:

Fundamentals of Accounting:

To develop conceptual understanding of the fundamentals of the Financial Accounting and the Mechanism to impart basic skills in Accounting of various kinds of business transactions.

Mathematics and Statistics:

To provide basic understanding of important qualitative tools and their elementary application on business problems.

Economics:

To provide basic understanding of important quantitative tools and their elementary application to business problems.

Business Communication and organization and Management

To develop written and oral communication skills and facilitates understanding of various concepts and functions of organization and management relevant to a professional accountant.

Theoretical Education

Students of PE-I Course are covered under Postal Test Scheme. The comprehensive study papers and test papers booklets are, therefore, made available to students for study. Students have to submit answers to the specified number of test papers and obtain the minimum qualifying marks.

Students who attend classes which are organized by Accredited Institutions and satisfy the relevant requirements, are exempted from answering the test papers.

PROFESSIONAL EDUCATION ( EXAMINATION –I )

For passing this examination a student needs :-

i) to obtain at one sitting a minimum of 40% marks in each paper.

ii) a minimum of 50% of the total marks of all the papers.

iii) to pass this examination within five consecutive attempts.

B) PROFESSIONAL EDUCATION ( COURSE –II)

· The minimum duration of this course is ten months.

** After completing the Professional Education (Course-I), a candidate has to join Professional Education Course –II. The eligibility requirements for admission to this course are as follows:

a) A pass in the Professional Education (Examination-I).

b) A pass in the Chartered Accountant Foundation Examination CA Regulations, 1988.

c) Graduates with the following conditions are also eligible:-

i) Commerce graduates with Accountancy, Auditing and Mercantile Law or Commercial law as full papers and with a minimum 50% marks of the total marks (Full paper means a paper carrying not less than 50 marks).

ii) Non-commerce graduates with Mathematics as one of the subjects and with minimum 60% of the total marks.

iii) Non-commerce graduates with subjects other than Mathematics and with minimum 55% of the total marks.

iv) Candidates who have passed the Final Examination of the Institute of Cost & Works Accountants of India ( ICWAI ) or the Institute of Company Secretaries of India (ICSI ).

Candidates who have appeared in the above mentioned examinations are also eligible for “Provisional Registration” for this course.

The subjects of study for the professional Education ( Course-II ) are:

Group – I

Accounting, Auditing, Business and Corporate Laws

Group – II

Cost Accounting and Financial Management, Income Tax and Central Sales Tax, Information Technology

The purpose of studying the above mentioned subject is:

Accounting:

To lay a theoretical foundation for the preparation and the presentation of financial statements and to develop an understanding of the rules of measurement and reporting relating to various components of financial statements required for a professional accountant.

Auditing:

To gain working knowledge of generally accept4ed auditing procedures and of techniques and skills needed to apply them in audit and attestation engagements.

Business and Corporate Laws:

To gain knowledge about those branches of laws relating to business transactions, certain corporate bodies and related matters and their application to practical commercial situations.

Cost Accounting and Financial Management:

To gain an understanding of costing concepts and the detailed procedure and documentation involved in cost ascertainment systems and various basic concepts of decision making process in the financial management.

Income Tax and Central Sales Tax:

To gain knowledge of the basic principles and understanding of the substantive provisions of the Income Tax law and their application in the computation of income of an individual under various heads of income and to gain working knowledge of the basic principles of Central Sales Tax also.

Information Technology

To develop understanding and appreciation of broad nature and application of information technology.

Theoretical Education

For Professional Education Course –II, the requirements of Theoretical Course-II, the requirements of Theoretical Education are similar to those applicable for Professional Education (Course-I).

Students of this course are covered by Sunday Test/Postal Test Scheme depending upon their place of stay. Students covered by both Schemes are required:

i) answer ten papers, choosing at least one test paper in each of the eight subjects and two additional papers of their choice.

ii) the qualifying percentage of marks is 45% for each subjects.

iii) to pass Professional Education (Examination-II) within five consecutive

attempts.

PROFESSIONAL EDUCATION (EXAMINATION –II )

For passing this examination a student

i) Can appear either in both groups simultaneously or one group in one examination and in the other group at any subsequent examination but he has to pass both the groups.

ii) Securing at one attempt a minimum of 40% in each paper of the group and 50% in the aggregate of all the papers of that group will be declared to have passed in one group.

iii) Similarly declared to have passed in both groups simultaneously if he secures at one sitting, a minimum 40% marks in each paper of each of the group and an aggregate of 50% of all the papers of each of the groups or a minimum of 40% in each paper of both the groups and 50% in the aggregate of all the papers of both groups taken together.

ACCREDITATION:

There is a scheme of accreditation of colleges affiliated to recognized Universities and Schools affiliated to CBSE or other equivalent State Boards. Several Colleges, Schools and other institutions in different parts of the country have been accredited. Under this Scheme, such institutions organize classes for the benefit of Professional Education (Courses I & II) students.

Students attending such classes are exempted from answering test papers under the postal tuition Scheme but (i) they have to satisfy the requirements of minimum attendance of 75% of the classes in each subject and (ii) secure a minimum of 45% marks in each subject in the final test conducted by such institutions.

Medium of Examination:

Students are allowed to opt for Hindi Medium for answering question papers. The option is available for all the papers of the examination. Paper-wise option is not allowed.

Registration for Professional Education Course:

Students of the Professional Education (Course-I) and (Course-II) have to forward their applications in the prescribed form along with the prescribed fee through Demand Draft drawn in favour of The Secretary, Institute of Chartered Accountants of India payable at New Delhi, Mumbai, Kolkata, Chennai, Kanpur as the case may be. The different offices of the Institute are located in different regions as shown in Annexure-I.

Computer Training:

Students are required to attend and successfully complete at least 250 hours of Computer training prior to the commencement of practical training of three years. One can undergo such a training along with his Professional Education (Course-I) and/or (Course-II).

Registration of Articled Clerk

The Articled Clerk is a trainee attached to a practicing Chartered Accountant.

After passing the Professional Education (Examination-II) one can register as an ‘Articled Clerk’ for practical training and for admission to the Final Course of the Chartered Accountancy.

Eligibility for Articled Clerk:

A candidate is eligible for admission to articleship if

- he is not less than 18 years of age on the date of commencement of articleship.

- he has passed the Professional Education Examination –II and

- has successfully completed the computer training programmes as prescribed in the earlier paragraph.

A candidate who has passed the Foundation Examination (as per the old scheme) is also eligible for registration as an Articled Clerk till 31st December, 2003. Such candidates are required to pass Professional Education –II) during the practical training and are entitled to appear in the Final Examination during last six months of practical training.

An Articled Clerk who has completed the practical training and passed the Final Examination is also required to attend a Programme on General Management and Communication Skills.

Final Examination:

The subjects for study in the Final CA course are as follows:

Group-I

Advanced Accounting, Management Accounting and Financial Analysis, Advanced Auditing, Corporate Laws and Secretarial Practice

Group -II

Cost Management, Management Information and Control Systems, Direct Taxes, Indirect Taxes

Practical Training:

Practical training provides an opportunity to students to acquire on the job work experience of a professional nature. He learns the skill of profession while working with a practicing Chartered Accountant and also works as a Industrial trainee for about one year in an approved industrial establishment during the last year of practical training. Students of Final Chartered Accountancy course are eligible for industrial training.

Stipend:

An Articled Clerk is entitled to receive monthly stipend as per the rates specified from time to time. Minimum rate of monthly stipend depends on the place of services of the articled clerks. The rate details of the current year i.e. 2002, are as under:

After passing the intermediate or the Professional Education (Examination-II) an Articled Clerk also get additional stipend of Rs.300 during the articleship.

Membership:

After qualifying the Final Examination of Chartered Accountants, one becomes eligible for admission as a member of the Institute. Such a person is, thereafter, recognized as “Associate Member” of the Institute.

A person who is an Associate Member and is in continuous practice for minimum five years and possesses the experience prescribed is entitled for “Fellow Membership”.

A member desirous of practicing as a Chartered Accountant is required to obtain a Certificate of Practice from the Institute.

Job Opportunities:

Campus interviews for freshly qualified Chartered Accountants are organized by the Institute at various Centres viz. Bangalore, Kolkata, Chennai, Kanpur, Mumbai and New Delhi. The scheme has been evolved to provide an opportunity to employing organisations as wello as yuoung professional aspirants to interact and explore the possibility of taking up positions in industry.

Chartered Accountants have various options for pursuing rewarding career. Some of the available options are:-

* Set up independent professional practice.

* Join a practicing firm of Chartered Accountants.

* Render services in the field of capital market.

* Engage in your own industrial/business venture.

* Take up a suitable position in business or industry.

The choice depends largely on your personal inclination. First four choices indicated above offer good opportunity for development as a useful member of the professional and the society, ensuring amongst others, economic reward and scope for self-fulfilment. Starting one’s own industrial or business venture is also now becoming popular among Chartered Accountants. The Institute currently has about 1,00,000 members, 70%of whom are in public practice and remaining are engaged in trade and industry.

Chartered Accountants are appointed Trustees and Executors, under a Will or Trust, to carry on the administration of an estate or settlement in collaboration with solicitors or lawyers. They act as administrators and receivers custodians and arbitrators on accounts and financial matters. Many in due course have risen to occupy managerial and senior executive posts of responsibility, like Chief Accountant, Financial Advisor, Internal Auditor, General Manager, Company Director etc. Nevertheless most Chartered Accountants concerns are normally advertised. Most employers also notify junior-level vacancies to Employment Exchanges. Better paid Government posts are filled through the Union and State Public Service Commissions.

India's 1st blind woman C.A

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Rajni Gopal is India’s first visually impaired woman to become a Chartered Accountant. Currently working with India’s leading software companies, it has taken Rajani immense grit, perseverance and patience to reach where she stands.

Rajani Gopal has come a long way after losing her eye sight. She treads on paths that make even sighted people think twice before taking up. Behind this chartered accountant, Veena player and social worker, lies a determined woman who has defied all logic when it comes to success.

India's 1st woman C.A

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The year, 1930. Fresh after the release from Vellore prison, a 23-year-old wondered what the future held for her. Her mind was full of patriotic feelings but her family compulsions were different. She boards a train to Taliparramba, a remote place in Kerala, where her eldest sister lived. The issue before Sivabhogam was whether to get married, sacrifice her personal life to fight for the country's freedom, or pursue a career.

A difficult proposition indeed for a person who was already a graduate and jailed for participating in the Civil Disobedience movement. These two aspects themselves were sufficient for marriage proposals to be rejected those days. One proposal was rejected on the ground that she was physically challenged. This upset her.

Her dilemma was compounded by the powerful words Swami Vivekananda she had read while in prison: "Faith in Yourself". She held discussions with her sister and with her mentor, the legendary Sister Subbalakshmi, and finally took the bold decision of pursuing a career in accounting, primarily dominated by men at that time.

People around her were surprised and advised her against the decision, as the general feeling was that it is a tough exam and very difficult to pass (a situation no different even today). However, she stuck to her decision and with the able support of her sister created history. R. Sivabhogam became the first woman chartered accountant of India.

After passing the examination, yet another person helped her — was C. S. Sastri, who took her on as an apprentice. After completing training, she took on the British again — this time it was a different fight. She filed a writ petition to squash the then prevailing law, that is, those who have undergone imprisonment cannot register for practice. She won the appeal and started practice.

Sivabhogam later became the Chairperson of the Southern India Regional Council (SIRC) of the Institute of Chartered Accountants of India (the then Madras Council). She is the only woman so far to have held this position, that too for a continuous period of three years. Sivabhogam practised for almost three decades.

During her chairmanship, the SIRC had a galaxy of freedom-fighters, patriots and eminent scholars as chief guests for its Annual General Meetings. Notable among them are Dr S. Radhakrishnan, Sir C. P. Ramasamy Iyer, A. S. P. Iyer, Chakravarthy C. Rajagopalachariar, C. Subramaniam and K. Santhanam.

During her practice of over three decades, Sivabhogam carried out a number of audits. Her forte was Reserve Bank of India audit, in which she was an authority. However, her mind was more on conducting audits of charitable institutions. She concentrated on the same in the last three years of her life.

She also motivated quite a few youngsters to take up the chartered accountancy course, and provided coaching classes by putting together an erudite faculty. She was keen that girls join the CA course and instituted a prize for the best women candidate in the Final examination.

From the formation of the ICAI in 1949 till 1990, of the 15,173 members, the number of women CAs in the southern region was a mere 525 (3.4 per cent).

However, in the last 15 years, there has been a steady growth. Of the 18,954 members during this period, 3,754 (20 per cent) were women. At this rate, half the number of CAs in the next three decades will be women.

A true patriot, Sivabhogam wore khadi through out her life and travelled only by bus. Sivabhogam died on June 14, 1966. It is indeed a befitting tribute to her that her centenary year is being celebrated by the SIRC of the ICAI. An endowment in her name is being created for awarding scholarships to economically weak women students desirous of pursuing the CA course.

COURSE INFO

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Chartered Accountancy is a profession which comes in the top options in India because of the huge growing demand and practical exposure it needs. The areas which are dealt in this profession are taxation, corporate finance, project evaluation, business & corporate low, auditing, accounting practice. There are thousands of students who aim to become a professional chartered accountant every but a very few number of students pass out this exam series which is less than 1% of the total entrants.

The Institute of Chartered Accountants of India [ICAI] is a accountancy body whose headoffice is located in New Delhi and five regional councils located in Mumbai, Chennai, Kolkata, Delhi & Kanpur and 117 branches all over the country. The ICAI institute has 18 chapters located at Abu Dhabi, Bahrain, Botswana, Doha, Dubai, Indonesia, Jeddah, Kuwait, London, Melbourne, Nairobi, Nigeria, Port Moresby, Riyadh,
Saudi Arabia, Sydney, Toronto and Zambia which handles the students courses, examinations and complete procedures.

Requirements Steps to become a CA :

1. Once you pass out your Class 10th examinations from a school which is recognized by the central government you need to Enrol with the Institute for Common Proficiency Test.
2. After completing the Class 12 ie Senior Secondary Examinations the student should appear for Common Proficiency Test which is held twice a year ie june & december though the exam dates keep changing.
3. Join PCC, articled training with a certified Chartered Accountant and register for a 100 Hours Information Technology Training[ITT] with listed institutes like NIIT, Aptech etc after passing CPT & 10+2 Exams.
4. The Student should complete the 100 Hours ITT Course within 3 months of time which is generally a 25days program based on 4 hours/day schedule with the computer institute and its useful for learning computer based auditing and related computer course.
5. Next the CA Student has to appear for PCE Exam[Professional Competence Examination] if he has worked as a article clerk with a CA for a period of 15 months minimum 3months prior to the exam month and also has to have completed the 100 Hours computer training course. Note that 8 months of audit training is equally treated as 6 months of articled training as per the requirement.
6. Next the student has to join the CA Final course after passing the above mentioned PCE and while registering collect study materials and start the preperation for final CA Exams. He should also complete General Management and Communication Skills Course during the last 12 months of articled trianing and should also have completed 3.5 years articled training.
7. Appear for the final CA Exam when the practical training is completed. Pass the final exam and complete the General Management and Communication Skills Course[GMCS]

After the completion of all the above mentioned steps , the student would be called Associate Chartered Accountant[ACA] because he is in the starting stage and after professional experiance he would become Fellows Chartered Accountant[FCA] after which he is eligible to hold a certificate for public practice.

Institute of Chartered Accountants of India

List of Chartered Institutes all over the World :
* Institute of Chartered Accountants of Australia
* Bahamas Institute of Chartered Accountants
* Institute of Chartered Accountants of Bangladesh
* Institute of Chartered Accountants of Barbados
* Canadian Institute of Chartered Accountants
* Institute of Chartered Accountants in England & Wales
* Institute of Chartered Accountants of Ghana
* Institute of Chartered Accountants of Guyana
* Institute of Chartered Accountants of India
* Institute of Chartered Accountants in Ireland
* Institute of Chartered Accountants of Jamaica
* Institute of Chartered Accountants of Namibia
* Institute of Chartered Accountants of Nepal
* New Zealand Institute of Chartered Accountants
* Institute of Chartered Accountants of Nigeria
* Institute of Chartered Accountants of Pakistan
* Institute of Chartered Accountants of Scotland
* Institute of Chartered Accountants of Sierra Leone
* South African Institute of Chartered Accountants
* Institute of Chartered Accountants of Sri Lanka
* Institute of Chartered Accountants of Trinidad and Tobago
* Institute of Chartered Accountants of Zimbabwe.

QUALITY AND REGULATION

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Quality and Regulations :

ISO or quality certification

Quality certification has become essential for any kind of business. For Chartered Accountant following certifications are required:

* ISO 9001
* ISO 9000
* ISO 14001

In order to regulate the quality & social responsibility at various levels, and in different branches number of regulatory bodies/associations are formed.

For example:

National & Global association

1. Affiliated Conference of Practicing Accountants International
2. Association of Chartered Certified Accountants
3. Association of Government Accountants
4. Beta Alpha Psi
5. Chartered Institute of Management Accountants
6. CPA Associates International
7. CPASNET
8. DFK International
9. Financial Management Association International
10. Government Finance Officers Association GFOA
11. Independent Accountants International
12. Institute of Chartered Accountants of India
13. Institute of Financial Accountants
14. Institute of Internal Auditors
15. Institute of Management Accountants
16. International Center for Accounting Reform (ICAR)
17. International Federation of Accountants IFAC
18. International Group of Accounting Firms
19. Midsnell Group International
20. National Association of Black Accountants
21. National Association of State Boards of Accountancy (NASBA)
22. National Association of Tax Practitioners
23. National Conference of CPA Practitioners
24. National Institute of Accountants
25. The Institute of Chartered Accountants of New Zealand
26. The Institute of Chartered Accountants of Nigeria
27. The Institute of Cost and Works Accountants of India
28. The National Institute of Certified Public Accountants [India].

ELIGIBILITY

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ELIGIBILTY
A Candidate who has passed the 10th examination can register for the Competency Professional Test (CPT) of the CA programme. But they can write the examination only after passing the Senior Secondary Examination (10+2) or waiting for the 10+2 exam results. There are no restrictions with regard to the age of the candidate or marks secured in Senior Secondary Examination.

Commerce graduates with 50% marks, non-commerce graduates with subjects other than Mathematics with an aggregate of 55% marks and non-commerce graduates with Maths
with an aggregate of 60% marks are exempted from the Competency Professional Test (CPT) and are permitted to register for Professional Competency Course (PCC).

Candidates who have passed the Final Examination conducted by the Institute of Cost & Works Accountants of India (ICWAI) or the Institute of Company Secretaries of India (ICSI) can register for Professional Competency Course.

After passing Professional Competency Course, the candidates can register as Articled clerks for practical training and for admission to the Final course of the Chartered Accountant. Every graduate above18 years of age is eligible to register as an articled clerk/Audit Clerks for Chartered Accountancy. Computer Training Programme is compulsory for the candidates who wish to register themselves as auditor clerk. They should under go 100 hours training in Information Technology along with PCE.

Candidates aspiring for this career should have a pleasing personality, practical approach and a natural instinct to deal with figures to do well in this
profession.

To become a CA, you need to pass the final exam of chartered accountancy and be registered as a member of the Institute of Chartered Accountants of India.

The professional course of a chartered accountant is of 3 years’ duration and is a blend of theoretical education and practical training so that students acquire knowledge as well as professional skills. The CA course is conducted by the ICAI, which has its headquarters at New Delhi. It has five regional offices at Bombay, Calcutta, Madras, Kanpur and New Delhi with 81 branch offices across the country.

The CA programme has three sections, Professional Education (course-I), Professional Education (course-II) and Final examination. A student who has passed the Senior Secondary Examination (plus two) can register for the CA programme, and start the study while pursuing graduation. While Economics and Commerce graduates are particularly suited in terms of background knowledge and skills, students of any discipline can take up the CA programme.

Commerce graduates with 50 per cent marks, non-commerce graduates with subjects other than mathematics with an aggregate of 55 per cent marks and non-commerce graduates studying maths with an aggregate of 60 per cent marks are exempt from doing the Professional Course I and are permitted to register for Professional Education Course II.
Skill set

You can register for Professional Education Course-I and Course II any time during the year. However, as the examination is held twice a year in May and November, it is necessary that a student must register at least ten months before the examinations.

Academic ability, analytical ability and numerical aptitude are some of the personal attributes a CA requires. In addition, those with business acumen, information management skills and a methodical approach to work can go far. The extremely rigorous and prolonged training period also demands a lot of hard work, motivation and endurance.

The training programme is conducted through postal tuitions. Answering test papers forms an integral part of the postal tuition scheme. These tests have to be cleared before each exam can be taken.

After passing the Professional Education Exam II, you are eligible for registration as articled clerks/audit clerks for practical training. The Computer Training Programme is compulsory for the candidates who wish to register themselves as auditor clerk.

Students can undergo this programme while pursuing Professional course I or course II. On completion of articles and industrial training, an articled clerk can join a CA in the profession and work until the final exam is completed. This means a job and a salary while training, which is not the case in most other professions.

During the training period, you are required to work in different areas learning the basics of auditing and taxation. This training enables you to learn the technical details of the job as well as to develop professional competence and related skills and acquire certain ethical values and norms expected of professional accountants.

Two to five years after qualifying in the final exams, depending upon an individual's abilities, the CA can become a partner. Most professional firms make an experienced CA a partner in due course. But since this may take several years, a qualified CA can also open a firm, or form partnerships with other CAs.

DEFINITION

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Definition :

A member of one of the institutes of accountants granted a royal charter.

Chartered Accountant (CA) is the title of members of a certain professional accountancy associations in the Commonwealth countries and Ireland. The term chartered refers to the charter under which these bodies were incorporated. Subjects examined include financial accounting, management accounting, auditing, taxation and company law.

Chartered Accountants work in all fields of business and finance. Some are engaged in public practice work, others work in the private sector and some are employed by government bodies.

Professional designation for British accountant. To be one, a candidate must pass rigorous examinations, as CPAs must do in the United States.

Recognition given by the chartered institutes in present and former British Commonwealth countries including Australia, Canada, India, New Zealand, Nigeria, Pakistan, South Africa, and the United Kingdom to individuals meeting examination and practical experience requirements. The chartered accountant is authorized to render an audit opinion on a company's financial statements.

History :

In India, the profession of chartered accountancy is regulated by the Institute of Chartered Accountants of India which was set up under the Chartered Accountants Act of 1949. The ICAI is self-regulatory and is both, an examining as well as a licensing body.

Members are awarded the ACA(Associate Chartered Accountant) or FCA (Fellow Chartered Accountant) designations. A member will be called a FCA after 5 years of practice.

The Chartered Accountants Act, 1949 was passed on 1st May. The term Chartered Accountant came to be used in place of Indian Registered Accountants. So the term "Chartered" does not relate to Royal Charter as in case in UK or Australia as there is no Royal Charter in Republic of India.

A person shall be admitted as a member of the ICAI after completion of 3 and a half years of articleship training (apprenticeship) and the passing of the CPT (Common Proficiency Test), PCE and Final examinations along with Computer Training and IT Certification Course.

Statutory Audit under the Companies Act, 1956 and Tax Audit under the Income-Tax Act, 1961 can be carried out only by Chartered Accountants holding a Certificate of Practice.

The ICAI has also entered into Mutual Recognition Agreements with several overseas accounting bodies. e.g. the CECA with Singapore. The institute is in process for opening up with various other countries and governments.

Chartered Accountancy is a much sought after course in India and is considered to be quite prestigious.

Chartered Accountancy course holds high social and professional repute in India and is usually the First Choice for students from the commerce field and hence attracts the best of the talent in the country.

The examinations are very rigorous with very low pass rates. The course involves a blend of theoretical education and practical training which run concurrently for a period of three years and equips a student with knowledge, ability, skills and other qualities required of a professional accountant.

The three and a half years training is the longest in any professional course and it also gives the student a choice of opting Industrial Training in the last year of the training.

The craze for CA Profession is also fuelled by the fact that a fresh Chartered Accountant in India, earns at least three times then an average MBA or Company Secretary.

The ICAI has recently started Campus Placement for CA's and the response from the industry was overwhelming. The maximum salary bagged by a fresh CA was 32 Lakhs with average salary at around 6.5 Lakhs.