#1
14th October 2014, 11:08 AM
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CA after BBM
I have completed my BBM what is eligibility for take admission in the Chartered Accountant course? Also provide me Chartered Accountant course syllabus?
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#2
14th October 2014, 11:41 AM
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Re: CA after BBM
You are asking for the CA course after the BBM course. The Graduates can directly take admission in the IPCC and Skip the CPT Exam. The Central Council has approved the new announcement of allowing a Graduate student (B.com, B.Sc., BBA,etc) to directly join the IPCC course without writing CA-CPT Exam. The council announced that the eligibility criteria for the graduates to write IPCC directly are as under: 1. In case of a Commerce Graduate – 55% 2. In case of a Non-Commerce Graduate – 60% IPCC - Intermediate (Integrated Professional Competence) Course This is the first descriptive exam in CA Course There are Seven Papers of study in Intermediate (IPC) Course which are divided into 2 groups Group I Paper 1: Accounting (100 marks) Paper 2: Business Laws, Ethics and Communication (100 marks) Paper 3: Cost Accounting and Financial Management (100 marks) Paper 4: Taxation (100 marks) Group II Paper 5: Advanced Accounting (100 marks) Paper 6: Auditing and Assurance (100 marks) Paper 7: Information Technology and Strategic Management(100 marks) IPCC - Intermediate (Integrated Professional Competence) Course syllabus Subjects contained in Group 1 of IPCC Syllabus 1. Accounting (100 marks) 2. Business Laws, Ethics and Communication (100 marks) 3. Cost Accounting and Financial Management (100 marks) 4. Taxation (100 marks) Subjects contained in Group 2 of IPCC syllabus are 1. Advanced Accounting (100 marks) 2. Auditing and Assurance (100 marks) 3. Information Technology and Strategic Management(100 marks) • Section A: Information Technology (50 marks) • Section B: Strategic Management (50 marks) GROUP – I Paper 1: Accounting (3 hours) 1. Accounting Standards 1. Introduction to Accounting Standards 2. Overview of Accounting Standards AS 1: Disclosure of Accounting Policies AS 2: Valuation of Inventories AS 3: Cash Flow Statements AS 6: Depreciation Accounting AS 7: Construction Contracts AS 9: Revenue Recognition AS 10: Accounting for Fixed Assets AS 13: Accounting for Investments AS 14: Accounting for Amalgamations 1. Financial statements of Company 1. Preparation of financial statements 2. Cash flow Statement (Profit and Loss Account, Balance Sheet and Cash Flow Statement) 1. Profit/Loss prior to incorporation 2. Accounting for Bonus Issue 3. Amalgamation and Reconstruction 1. Average Due Date and Account Current 2. Self-Balancing Ledgers 3. Financial Statements of Not-for-Profit Organisations 4. Accounts from Incomplete Records 5. Accounting for Special Transactions (a) Hire purchase and installment sale transactions (b) Investment accounts (c) Insurance claims for loss of stock and loss of profit. 1. Issues in Partnership Accounts 2. Accounting in Computerized Environment Paper 2: Business Laws, Ethics and Communication (3 hours) 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 1. Preliminary 2. Prospectus 3. Share and Share capital 4. Meetings Ethics (20 marks) 1. Principles of Business Ethics 2. Environment Issues. 3. Ethics in Workplace 4. Ethics in Marketing and Consumer Protection 5. Ethics in Accounting and Finance Communication (20 marks) 1. Elements of Communication 2. Communication in Business Environment 3. Basic Understanding of Legal Deeds and Documents Paper 3: Cost Accounting and Financial Management (3 hours) Cost Accounting 1. Introduction to Cost Accounting 2. Materials 3. Labour 4. Overheads 5. Non-Integrated Accounts 6. Methods of 1. Job and Batch 2. Contract 3. Operating 4. Process and Operation 5. Standard Costing 6. Marginal Costing 7. Budgets and Budgetary Control Financial Management 1. Scope and Objectives of Financial Management 2. Time Value of Money 3. Financial Analysis and Planning 4. Financing Decisions 5. Types of Financing 6. Investment Decisions 7. Management of working capital Paper 4: Taxation (3 hours) Part 1: Income-tax (50 marks) The Income-tax Act, 1961 1. Basic concepts 2. Residential status and scope of total income 3. Incomes which do not form part of total income ( Sec 10) 4. 5 Heads of income 5. Provisions of Clubbing 6. Set-off and carry forward of losses 7. Deductions from gross total income 8. Computation of total income and tax payable 9. Provisions concerning Advance tax and TDS 10. Provisions for filing of return of income. Part 2: Service tax (25 marks) 1. Concepts and general principles 2. Charge of service tax and Valuation 3. Payment of service tax and filing of returns Part 3: VAT (25 marks) 1. Concepts and general principles 2. Input Tax Credits and Composition Scheme for Small Dealers 3. VAT Procedures GROUP II Paper 5: Advanced Accounting (3 hours) 1. Conceptual Framework for Preparation and Presentation of Financial Statements 2. Accounting Standards 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 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 1. Advanced Issues in Partnership Accounts 2. Company Accounts 1. Employee stock option plan and Buy back of securities 2. Amalgamation and Reconstruction 3. Underwriting of shares and debentures 4. Redemption of debentures 5. Accounting for Special Transactions 1. Insurance Companies 2. Banking Companies 3. Electricity Companies 4. Departmental accounts 5. Branch accounts including foreign branches Paper 6: Auditing and Assurance (3 hours) 1. Auditing Concepts 2. Auditing and Assurance Standards 3. Preparation for an Audit 4. Internal Control 5. Vouching 6. Verification of Assets and Liabilities 7. Company Audit 8. Audit Report 9. Special Audits Paper 7: Information Technology and Strategic Management (3 hours) Part 1: Information Technology 1. Computer software 2. Data Storage, Retrievals and Data Base Management Systems 3. Computer Networks & Network Security 4. Internet and other technologies 5. Flowcharts, Decision Tables Part 2: Strategic Management 1. Business Environment 2. Business Policy and Strategic Management 3. Strategic Analyses 4. Strategic Planning 5. Formulation of Functional Strategy 6. Strategy Implementation and Control 7. Reaching Strategic Edge Note: New Accounting Standards, Announcements and Limited Revisions to ASs, Amendments and Legislations are issued by ICAI in place of existing ones then the syllabus will change accordingly with effect from the notified date. Syllabus will also include all the new enactments. |
#3
18th March 2015, 09:07 AM
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Re: CA after BBM
Hey, I have completed BBM course now I want to pursue CA course, will you tell me that am I eligible for CA course?
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#4
18th March 2015, 11:39 AM
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Re: CA after BBM
Yes, you are eligible for CA course after completing BBM course. You can directly register for CA IPCC course. Eligibility : For getting register for CA IPCC candidate should have to secure 55% marks if he/she is a commerce graduate. Or The candidate who is not an commerce graduate should secure 60% marks. Stage of the course : IPCC CA Final Registration fee for direct entry students: |