CS Executive Programme – New Syllabus

The new Syllabus of CS Executive Programme shall comprise of Eight Papers

The details of new syllabus are as under:
Paper no. Module – I
1  Jurisprudence, Interpretation & General Laws
2 Company Law
3 Setting up of Business Entities and Closure
4 Tax Laws
  Module – II
5 Corporate & Management Accounting
6 Securities Laws & Capital Markets
7 Economic, Business and Commercial Laws
8 Financial and Strategic Management

PAPER 1: JURISPRUDENCE, INTERPRETATION & GENERAL LAWS (100 MARKS)

  • Sources of Law
  • Constitution of India
  • Interpretation of Statutes
  • General Clauses Act, 1897
  • Administrative Laws
  • Law of Torts
  • Limitation Act, 1963
  • Civil Procedure Code, 1908
  • Indian Penal Code, 1860
  • Criminal Procedure Code, 1973
  • Indian Evidence Act, 1872
  • Special Courts, Tribunals under Companies Act & Other Legislations
  • Arbitration and Conciliation Act, 1996
  • Indian Stamp Act, 1899
  • Registration Act, 1908
  • Right to Information Act, 2005
  • Information Technology Act, 2000

PAPER 2: COMPANY LAW (100 MARKS)

Part I: Company Law, Principles &Concepts (50 Marks)

  • Introduction to Company Law
  • Shares and Share Capital
  • Members and Shareholders
  • Debt Instruments
  • Charges
  • Distribution of Profits
  • Corporate Social Responsibility
  • Accounts, Audit and Auditors
  • Transparency and Disclosures
  • An overview of Inter-Corporate Loans, Investments, Guarantees and Security, Related Party Transactions.
  • Registers and Records
  • An overview of Corporate Reorganization
  • Introduction to MCA 21 and filing in XBRL.
  • Global Trends and Developments in Company Law

Part II: Company Administration and Meetings – Law and Practices (40 Marks)

  • Board Constitution and its Powers
  • Directors
  • Key Managerial Personnel (KMP’s) and their Remuneration
  • Meetings of Board and its Committees
  • General Meetings
  • Virtual Meetings

Part III: Company Secretary as a Profession (10 Marks)

  • Legal framework governing Company Secretaries
  • Secretarial Standards Board
  • Mega Firms

PAPER 3: SETTING UP BUSINESS ENTITIES AND CLOSURE (100 MARKS)

Part A: Setting up of Business (40 Marks)

  • Choice of Business Organization
  • Company
  • Charter documents of Companies
  • Legal status of Registered Companies
  • Limited Liability Partnership
  • Other forms of business organizations
  • Institutions Not For Profit &NGOs
  • Financial Services Organization
  • Start-ups
  • Joint Ventures; Special Purpose Vehicles
  • Setting up of Business outside India
  • Conversion of existing business entity

Part B: Registration; Licenses & Compliances (35 Marks)

  • Various Initial Registrations and Licenses
  • Maintenance of Registers and Records
  • Identifying laws applicable to various Industries and their initial compliances
  • Intellectual Property laws (Provisions applicable for setting up of business)
  • Compliances under Labour Laws (Provisions applicable for setting up of business)
  • Compliances relating to Environmental laws (Provisions applicable for setting up of business)

Part C : Insolvency; Winding up& Closure of Business (25 Marks)

  • Dormant Company
  • Strike off and restoration of name of the company and LLP
  • Insolvency Resolution process; Liquidation and Winding-up

PAPER 4: TAX LAWS (100 MARKS)

Part I: Direct Taxes (50 marks)

  • Direct Taxes at a Glance
  • Basic concepts of Income Tax
  • Incomes which do not form part of Total Income
  • Computation of Income under Various Heads
  • Clubbing provisions and Set Off and / or Carry Forward of Losses
  • Deductions from Gross Total Income & Rebate and Relief
  • Computation of Total Income and Tax Liability of various entities
  • Classification and Tax Incidence on Companies
  • Procedural Compliance
  • Assessment, Appeals &Revision

Part II: Indirect Taxes (50 marks)

  • Concept of Indirect Taxes at a glance
  • Basics of Goods and Services Tax , GST
  • Concept of Time, Value & Place of Taxable Supply
  • Input Tax Credit & Computation of GST Liability
  • Procedural Compliance under GST
  • Basic overview on Integrated Goods and Service Tax (IGST), Union Territory Goods and Service tax (UTGST), and GST Compensation to States.
  • Overview of Customs Act

PAPER 5: CORPORATE AND MANAGEMENT ACCOUNTING (100 MARKS)

Part I: Corporate Accounting (60 marks)

  • Introduction to Financial Accounting
  • Introduction to Corporate Accounting
  • Accounting for Share Capital
  • Accounting for Debentures
  • Related Aspects of Company Accounts
  • Financial Statements Interpretation
  • Consolidation of Accounts as per Companies Act, 2013
  • Corporate Financial Reporting
  • Cash Flow Statements
  • Accounting Standards (AS)
  • National and International Accounting Authorities
  • Adoption, Convergence and Interpretation of International Financial Reporting Standards (IFRS) and Accounting Standards in India

Part II: Management Accounting and Valuation (40 marks)

  • An Overview of Cost
  • Cost Accounting Records & Cost Audit under Companies Act, 2013
  • Budget, Budgeting and Budgetary Control
  • Ratio Analysis
  • Management Reporting (Management Information Systems)
  • Decision Making Tools
  • Valuation Principles & Framework
  • Valuation of Shares, Business and Intangible Assets
  • Accounting for Share based payments (Ind AS 102)
  • Business and Intangible Assets
  • Methods of Valuation

PAPER 6: SECURITIES LAWS AND CAPITAL MARKETS (100 MARKS)

Part I: Securities Laws (70 Marks)

  • Securities Contracts (Regulations) Act 1956
  • Securities and Exchange Board of India Act, 1992
  • Depositories Act, 1996
  • An Overview of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009.
  • An Overview of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • An Overview of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
  • SEBI (Buyback of Securities) Regulations, 1998
  • SEBI (Delisting of Equity Shares) Regulations, 2009
  • An Overview of SEBI (Share Based Employee Benefits) Regulations, 2014.
  • An Overview of SEBI (Issue of Sweat Equity) Regulations, 2002.
  • SEBI (Prohibition of Insider Trading) Regulations, 2015
  • Mutual Funds
  • Collective Investment Schemes
  • SEBI (Ombudsman) Regulations, 2003

Part II: Capital Market & Intermediaries (30 Marks)

  • Structure of Capital Market
  • Securities Market Intermediaries

PAPER 7: ECONOMIC, BUSINESS AND COMMERCIAL LAWS (100 MARKS)

Part I: Foreign Exchange Management &NBFCs (40 Marks)

  • Reserve Bank of India Act, 1934
  • Foreign Exchange Management Act, 1999
  • Foreign Exchange Transactions & Compliances
  • Foreign Contribution (Regulation) Act, 2010
  • Foreign Direct Investments – Regulations & FDI Policy
  • Overseas Direct Investment: ODI Policy, foreign currency remittances
  • Liberalized Remittance Scheme
  • External Commercial Borrowings (ECB)
  • Foreign Trade Policy & Procedure
  • Non Banking Finance Companies(NBFCs)
  • Special Economic Zones Act, 2005

Part II: Competition Law (25 Marks)

  • Competition Act, 2002

Part III: Business & Commercial Laws (35 Marks)

  • Consumer Protection Act, 1986
  • Essential Commodities Act, 1955
  • Legal Metrology Act, 2009
  • Transfer of Property Act, 1882
  • Real Estate (Regulation and Development) Act, 2016
  • Benami Transaction Prohibitions (Act)
  • Prevention of Money Laundering
  • Indian Contracts Act, 1872
  • Specific Relief Act, 1963
  • Sale of Goods Act, 1930
  • Partnership Act, 1932
  • Negotiable Instrument Act, 1881

PAPER 8: FINANCIAL AND STRATEGIC MANAGEMENT (100 MARKS)

Part I: Financial Management (60 marks)

  • Nature and Scope of Financial Management
  • Capital Budgeting
  • Capital Structure
  • Sources of raising long-term finance and Cost of Capital
  • Project Finance
  • Dividend Policy
  • Working Capital
  • Security Analysis
  • Portfolio Management

Part II: Strategic Management (40 Marks)

  • Introduction to Management
  • Introduction to Strategic Management
  • Business Policy and Formulation of Functional Strategy
  • Strategic Analysis and Planning
  • Strategic Implementation and Control
  • Analyzing Strategic Edge