Kerala PSC Company Secretary Cum Finance Manager Syllabus

Here is a full list of topics for Kerala PSC Company Secretary Cum Finance Manager exam as per the Kerala PSC syllabus. Company secretary cum finance manager examination, is a graduate level examination conducted by Kerala PSC. Company Secretary cum Finance Manager syllabus and other like Secretariat Assistant / Auditor is the same syllabus pattern. Company Secretary cum Finance Manager exam is an objective type, total 100 marks and 1 hour
15 minutes of duration.

Company Secretary cum Finance Manager – syllabus

Kerala PSC Company Secretary cum Finance Manager exam syllabus are as follows:

Advanced accounting

1. Accounting Standards:

• Overview of International Accounting Standards
• (IAS)/International Financial Reporting Standards (IFRS)
• Interpretations by International Financial Reporting
• Interpretation Committee (IFRIC)
• Indian Accounting Standards.

2. Company Accounts:

• Preparation of financial statements – Profit and Loss .Account, Balance Sheet and Cash Flow Statement
• Profit (Loss) prior to incorporation
• Alteration of share capital, Conversion of fully paid shares into stock and stock into shares, Accounting for bonus issue
• problems on Accounting for business acquisition, Amalgamation and reconstruction

3. 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.
• Ethics in Workplace: Individual in the organization, discrimination, harassment, gender equality.

4. Legal Deeds and Documents

• Partnership deed
• Power of Attorney
• Lease deed
• Affidavit
• Indemnity bond
• Gift deed
• Memorandum and articles of association of a company.

5. Cost & Management Accounting

• Objectives and scope of cost accounting
• Cost centres and cost units
• Cost classification for stock valuation, profit measurement, decision making and control
• Coding systems
• Elements of cost
• Cost behavior pattern, separating the components of semi-variable costs
• Installation of a costing system
• Relationship of cost accounting, financial accounting, management accounting and financial management. Marginal costing, break even analysis and its applications in decision making,
• Budget Concepts and Preparation – Fixed and Flexible Budgets, Fixed, variable, semi-variable and activity-based categorizations of cost and their application in projecting financial results, Zero base budgeting.

6. Financial Management

• Meaning, importance and objectives
• Conflicts in profit versus value maximization principle
• Financing Decisions – Cost of Capital – weighted average cost of capital and marginal cost of capital
• Capital Structure decisions – capital structure patterns, designing optimum capital structure, constraints, various capital structure theories
• Business risk and financial risk – operating and financial leverage, trading on equity. Project financing, Management of 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

7. Auditing

• Nature and limitations of Auditing, Basic Principles governing an audit
• Ethical principles and concept of Auditor’s Independence
• Relationship of  auditing with other disciplines.
• Audit planning, Audit programme, Audit working papers, Audit files, Audit procedures
• Internal Control, 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.
• 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.

8. Capital Market & Capital Market Instruments

• Capital Market / Security Market , Primary Market / New Issues / IPO Market , Secondary
• Market / Stock Market / Stock Exchange , Depositories
• Private placements of shares / Buy back of shares , CAPM Vs Market Model
• Issue mechanism, Forward Contract and future contracts.