CPD-I Syllabus Revised

 

Revised Syllabus of

Continuous Professional Development (CPD-I)Examinations

 

C-1 Financial Management

 

Duration: 2 hours Maximum Marks: 100

 

 

1. ANALYSIS OF FINANCIAL STATEMENTS:	Analysis and Interpretation of Financial Statements, Techniques and limitations of Financial Analysis, Ratio Analysis, Funds Flow Analysis and Cash Flow Analysis.
2. CONCEPTS OF VALUE AND RETURN:	Time preference for money, present value, future value, value of annuity, Rate of Return.
3. INVESTMENT DECISIONS	Concepts of Capital Budgeting, Capital Budgeting Appraisal Methods, Tactical Versus Strategic Investment Decisions, Capital Rationing, Factors Affecting Capital Investment Decisions.
4. FINANCIAL PLANNING AND CAPITAL STRUCTURE:	Estimating Capital Requirements, Fixed Capital, Working Capital, Capitalization, Patterns of Capital Structure
5. SOURCES OF FINANCE:	Financial Markets, Security Financing, Debentures, Loan Financing, Bridge Finance, Loan Syndication, Book Building, New Financial Institutions, Venture Capital Institutions, Mutual Funds, Factoring Institutions, New Financial Instruments: Commercial Papers, Securitization of Debt, Global Depository Receipts (GDR), Derivatives: Options, Forward, Future and SWAP, Lease Financing: Concept of Leasing, Types of Lease Agreements, Difference Between Hire Purchase and Lease Financing.
6. INTERNATIONAL FINANCIAL MANAGEMENT:	Foreign Exchange Market, Exchange Risk Management, Mode of Payment in International Trade; Open Account, Bank Transfer, Letter of Credit, Consignment Sale.
7. PUBLIC PROCUREMENT:	Principles and Methods of Public Procurement, Transparency and Professionalism in Public procurement, Penalties & debarment etc. Indian Contract Act, 1872, The Arbitration & Conciliation Act, 1996.

 

 

Suggested Reading:

The suggested reading is as follows: 1. Taxman's Financial Management by Sh. Ravi M. Kishore 2. Indian Financial System by Sh. H R Machiraju, published by Vikas Publishing House Pvt. Ltd. New Delhi-8. 3. The Indian Contract Act 1872 as amended up to 31 Dec 2017 4. The Arbitration & Conciliation Act, 96 as amended up to 31 Dec 2017

 

 

C-2 Accounting and Auditing Principles & Standards

 

 

Duration: 2 hours Maximum Marks: 100

 

	Provisions of -
1.	CAG’s Auditing Standards 2017
2.	International Auditing Standards issued by the IFAC
3.	Indian Accounting Standards (IND ASs) notified by the Ministry of Corporate Affairs
4.	Indian Government Accounting Standards (IGASs) issued by Government Accounting Standards Advisory Board (GASAB)
5.	International Public Sector Accounting Standards (IPSAS) issued by International Public Sector Accounting Standards Board (IPSASB)
6.	Guidelines on Data Analytics issued by CAG
	Suggested Reading: The suggested reading is as follows: Standards and Guidelines issued by the authorities concerned, as indicated above.