Minimum Education Qualification
- Candidates shall hold Chartered Accountant (C.A) OR
Cost and Works Accountant (I.C.W.A.)/ Cost and Management Accountant (C.M.A.) OR
Company Secretary (C.S.) degree, OR
A degree in Master OR
Bachelor of Commerce
obtained from any of the University incorporated by an Act of the Parliament or State Legislature in India or other educational institution established by an Act of Parliament or declared to be deemed as a University under section 3 of the University Grants Commission Act, 1956.
Candidates shall have a basic knowledge of computer application as prescribed in the Gujarat Civil Services Classification and Recruitment (General) Rules,1967.
Candidates shall have an adequate knowledge of Gujarati or Hindi or both.
Experience
- A degree in Master of Commerce and have about three years combined or separate experience of the work related to accounts and audit, in the government/ government undertaking/board/corporation/local bodies/ university/ banking organization established by law/ company registered under the Companies Act,2013/chartered accountant’s firm.
- A degree in Bachelor of Commerce and have about five years combine or separate experience of the work related to accounts and audit, in the Government/Government Undertaking/ Board/ Corporation/ Local bodies/ university/ banking organization established by law/ company registered under the Companies Act,2013/chartered accountant’s firm.
Age
- Candidates must have attained the age of 20 years and must not have attained the age of 40 years.
- Age will be calculated on the last date of the receipt of Narrated Original Advertisement.
- Age Relaxation
| SEBC, EWS, SC & ST Male Candidate of Gujarat Origin |
5 years (maximum upto 45 years) |
| Women candidate of Unreserved Category |
5 years (maximum upto 45 years) |
| Women Candidate of Reserved Category |
10 years (including 5 years relaxation as women, maximum upto 45 years) |
| Physical Disabled Candidate |
Maximum upto 10 years subject to his/her ability to discharge duties attached to the post |
| Government Servant |
No relaxation in upper age |
| Ex-servicemen and Officers |
Length of military service (At Least five years of military services) plus 3 years |
Fees of the Examination
Unreserved Candidates (Both Male and Female) are required to pay fee of Rs. 100/- plus Postal charges if he/she want to pay through post and Rs 100/- plus Charges if by online Except
- ❖ Reserved Category
- ➢ Other Backward Class
- ➢ Economical Weaker Section
- ➢ Scheduled Cast (SC)
- ➢ Scheduled Tribes (ST)
- ❖ Persons with Benchmark Disability
- ❖ Ex-Servicemen and Officers
Pay Scale of the Services
Pay Matrix Level No: 10: 56100-1,77,500 and other allowances
Plan of Examination
- Two stage of Examination
- ❖ Preliminary Examination (Only for Selection for Main Examination)
- ➢ Objective Type
- ➢ Paper 1
- ■ General Studies
- ■ 200 Marks
- ■ 3 Hours
- ➢ Paper 2
- ■ Accountancy & Auditing
- ■ 200 Marks
- ■ 3 Hours
- ❖ Main Examination (Selection for various Services and Post)
- ➢ Written Exam (Descriptive)
- ➢ Five Paper
- ■ Paper I
- ● Gujarati language : 3 Hours : 150 Marks
- ● Std 12th Level
- ■ Paper II
- ● English language : 3 Hours : 150 Marks
- ● Std 12th Level
- ■ Paper III
- ● General Studies I : 3 Hours : 200 Marks
- ● Graduation Level
- ■ Paper IV
- ● Accountancy & Auditing I : 3 Hours : 200 Marks
- ● Graduation level
- ■ Paper IV
- ● Accountancy & Auditing II : 3 Hours : 200 Marks
- ● Graduation level
- ➢ Interview
Syllabus of the Preliminary Examination
- Paper 1: General Studies
- ❖ History
- ➢ Indus valley Civilization: Features, Sites, Society, Cultural History, Art and Religion. Vedic age- Jainism and Buddhism.
- ➢ The Mauryan and the Gupta Empire, Chola and Pallav Dynasties.
- ➢ Important Dynasties of Gujarat – Impact and Contribution, Important Policies, their administration, economy, society, religion, literature, arts and architecture.
- ➢ The advent of the Europeans in India. Establishment and expansion of British rule in India. Indian war of Independence of 1857 with special reference to Gujarat. Religious and social reform movements in the 19th Century in India and Gujarat.
- ➢ India’s Freedom Movement, Revolutionaries in India and abroad. Role and contribution of freedom fighters of Gujarat and India.
- ➢ The Role and contribution of Mahatma Gandhi and Sardar Patel in Pre and Post Independence of India.
- ➢ India after Independence - Reorganization of the States within the country, MahaGujarat Movement, Major events.
- ➢ Achievements and administrative reforms of the rulers of princely states of Saurashtra, Kutch and Gujarat.
- ❖ Cultural Heritage
- ➢ Cultural Heritage of India and Gujarat: Art forms, Literature, Sculpture and Architecture.
- ➢ Gujarat’s Folk Culture and Oral Tradition: Its Importance, Peculiarities and Impact.
- ➢ Art and Craft of Gujarat: Socio-Cultural contribution.
- ➢ Life of Adivasi (Tribes).
- ➢ Pilgrimage and Tourist Places of Gujarat.
- ❖ Constitution, Polity, Social Justice and International Relations
- ➢ Indian Constitution: Evolution, features, Preamble, Fundamental Rights, Fundamental Duties, Directive Principles of State Policy, Important Amendments, Significant Provisions and Basic Structure.
- ➢ Functions and Responsibilities of the Union and the States, Parliament and State Legislatures: Structure, Function, Power and Privileges. Role of the President and the Governor.
- ➢ Constitutional Authorities, Statutory, Regulatory and Quasi-judicial bodies.
- ➢ Panchayati Raj.
- ➢ Public Policy and Governance. Impact of Liberalization, Privatization and Globalization on Governance.
- ➢ Rights Issues (Human rights, Women rights, SC/ST rights, Child rights) etc.
- ➢ India’s Foreign Policy – International Relations – Important Institutions, Agencies and Fora, their structure and mandate.
- ➢ Important Policies and Programmes of Central and State Governments.
- ➢ Finance /Accounts related provisions in Constitution of India.
- ❖ Indian Economy and Planning
- ➢ Indian Economy on the eve of Independence, Emergence and development of planning exercise in India – historical debates, plan models and shift in focus over time. Indian economy in post reform period: New Economic Reforms, NITI Aayog: aims, constitution and functions.
- ➢ Various Policies and amendments in Agriculture sector and Industries sector, Infrastructure in Indian Economy. Banking and Insurance; Regulatory Mechanism. Impact of Privatization on Indian Economy, Growth, Challenges and Opportunities.
- ➢ Indian Public finance; Indian tax system, public expenditure, public debt, deficit and subsidies in the Indian economy. Center-State financial relation. GST: Concept and Implications.
- ➢ Trend, composition, structure and direction of India’s Foreign Trade.
- ➢ Gujarat economy-An overview; social sector in Gujarat- Education, Health, and Nutrition. Agriculture, forest, water resources, mining, industry and service Sector. Development policies for economic and social infrastructure. Co-operative sector in Gujarat.
- ❖ Geography
- ➢ General Geography: Earth in Solar system, Motion of the Earth, Concept of time, Season, Internal Structure of the Earth, Major landforms and their features. Atmosphere-structure and composition, elements and factors of Climate, Air Masses and Fronts, atmospheric disturbances, climate change. Oceans: Physical, chemical and biological characteristics, Hydrological Disasters, Marine and Continental resources.
- ➢ Physical: World, India and Gujarat : Major physical divisions, Earthquakes, landslides, Natural drainage, climatic changes and regions, Monsoon, Natural Vegetation, National Parks and Sanctuaries, Major Soil types, Rocks and Minerals.
- ➢ Social: World, India and Gujarat : distribution, density, growth, Sex-ratio, Literacy, Occupational Structure, SC and ST Population, Rural-Urban components, Racial, tribal, religious and linguistic groups, urbanization, migration and metropolitan regions.
- ➢ Economic: World, India and Gujarat: Major sectors of economy, Agriculture, Industry and Services, their salient features. Basic Industries-Agro, mineral, forest, fuel and manpower based Industries, Transport and Trade, Pattern and Issues.
- ❖ Science and Technology
- ➢ Science and Technology: Nature and Scope of Science & Technology; Relevance of Science & Technology to the day to day life; National Policy on Science, Technology and Innovation; Institutes and Organization in India promoting integration of Science, Technology and Innovation, their activities and contribution; Contribution of Prominent Indian Scientists.
- ➢ Information and Communication Technology (ICT): Nature and Scope of ICT; Various Government programmes promoting ICT, E-Governance programmes and services; Cyber Security, National Cyber Crime Policy.
- ➢ Technology in Space & Defence: Evolution of Indian Space Programme; Various Institutes and programmes.
- ➢ Energy policy and Nuclear Policy of India - Government Policies and Programmes.
- ➢ Environmental Science: Policies and Treaties for the protection of environment at the national and the international level; Forest and Wildlife Conservation; National Action plans on Climate Change and Disaster management.
- ❖ General Mental Ability
- ➢ Logical Reasoning and Analytical Ability.
- ➢ Number Series, Coding –Decoding.
- ➢ Shapes and their Sub-sections, Venn diagram.
- ➢ Problems based on Clocks, Calendar and Age.
- ➢ Average of mean, median, mode – including weighted mean.
- ➢ Power and exponent, Square, Square Root, Cube Root, H.C.F. and L.C.M.
- ➢ Percentage, Simple and Compound Interest, Profit and loss.
- ➢ Time and Work, Time and Distance, Speed and Distance.
- ➢ Area and Perimeter of Simple Geometrical Shapes, Volume and Surface Area of Sphere, Cone, Cylinder, cubes and Cuboids.
- ➢ Data interpretation, Data Analysis, Data sufficiency, Probability.
-
❖ Current Events of Regional, National and International Importance
- Paper 2: Accountancy and Auditing
- ❖ Financial accounting
- ➢ Basic accounting concepts, Principals-assumptions, Types of Accounts and their Rules, Process of accounts, Capitals and Revenue Accounts, Accounting Books and Trial Balance, Final Accounts, Rectification of Errors, Bank Reconciliation Statement
- ➢ Financial statements, Partnership Accounts- Admission, Retirement, Death, Dissolution and Piecemeal Distribution of Cash
- ➢ Company accounts as Per Companies Act-2013; issue and Forfeiture of Shares, Accounting of underwriting Commission, Purchase of Business, Liquidation, Amalgamation, Absorption and Reconstruction, Holding Company Accounts Valuation of Shares and Goodwill, Bank Accounts
- ➢ Accounting Standards: Issued by ICAI and Ministry of Corporate Affairs, AS-1 to AS -34 (ICAI), International Accounting Standards (IAS) International Financial Reporting Standards (IFRS), Indian Accounting Standards (Ind-AS)
- ❖ Auditing
- ➢ Meaning & Basic Elements - Characteristics - Objectives - Types - Advantages Internal Control, Investigation, Internal Audit, Vouching - Meaning - Objectives - Types, Valuation of Assets and Liabilities, Duties and Responsibility of an Auditor, Appointment of an Auditor, Company Audit - Provisions of Companies Act-2013, Auditor’s Report & Certificate, Tax Audit, Cost Audit, Audit Program
- ❖ Cost and Management Accounting
- ➢ The concept of cost, types of cost, Marginal Cost, Sunk Cost, Relevant Cost, Differential Cost, Opportunity Cost, Historical Cost, Period Cost, Fixed, Variable and Semi-Variable Cost
- ➢ Cost Accounting and Cost Ascertainment, Direct Labour, Direct Material, Direct Expenses, Prime Cost, Factory Cost, Cost Of Production, Cost of Sales, Stock Register, FIFO, LIFO, Weighted Average Method , Uniform Costing, Different methods of CostingUnit Costing, Process Costing, Batch and Job Costing, Cost Accounting Standards
- ➢ Managements Accounting: Meaning, Characteristics, Nature, Ratio Analysis, Funds Flow Analysis, Cash Flow Analysis, Marginal Costing and Break Even Analysis, Decision making, Standard Costing , Budgetary Control, Types of Budgets, Cash Budget, Flexible Budget, Zero Base Budgeting
- ❖ Financial Management
- ➢ Capital Structure, Financial and Operating Leverage, Cost of Capital, Capital Budgeting, Working Capital Management, Dividend Policy
- ➢ Money Market and Capital market, working of Stock Exchanges in India NSE, Regulatory Authorities: SEBI, rating agencies
- ➢ Computer Applications in Accounting and Finance
- ❖ Goods and Services Tax
- ➢ GST Concept and GST laws: An Introduction Including Constitutional aspects, salient features of GST, Benefits of GST, Overview of GST Acts 6.
- ❖ Income-tax law
- ➢ Basic concept, tax incidence, Definitions in Indian Income Tax Act-1961, exempted incomes, Residential Status, computation of taxable income under various heads, Deductions and Reliefs, computation of taxable income of individuals and firms, deductions of tax, filing of returns, different types of assessment; defaults and penalties, Tax planning, tax evasion and tax avoidance.
- ❖ Introduction and Basic Concepts of Economics
- ➢ Definition - Nature and Scope of Economics, Economic Goods v/s Free Goods, Price and value, Want and Demand
- ➢ Demand: Meaning of Demand, Determinants of Demand, Law of Demand, Difference between Change in Demand and Change in Quantity Demanded, Demand Forecasting
- ➢ Supply : Meaning of supply, Factors affecting supply, Law of supply, Assumption of law of supply, Exceptions of law of supply, Change in supply, Concepts of elasticity of supply, Price elasticity of supply, Income elasticity of supply, Cross elasticity of supply, Methods to measure Elasticity of supply.
- ❖ International Trade
- ➢ Introduction, Meaning, needs and factors leading to international trade, Advantages and disadvantages of international trade, Foreign exchange, World Trade Organization - its functions and policies, Structure of India’s foreign trade: composition and direction, EXIM Bank, EXIM policy of India, Regulation and promotion of foreign trade, International Economic Institutions-IMF, WORLD BANK, IFC, IDA, ADB, Multinational corporations- joint ventures, India and WTO, intellectual property rights, Balance of payments, Methods to correct disequilibrium.
- ❖ Financial Administration
- ➢ Monetary and Fiscal policies, Public Debt, Budget- types and forms; Budgetary process; financial accountability; Public accounts and audit , budget as a political, instrument; Parliamentary Control of Public Instrument; Parliamentary Control of Public Expenditure; Role of finance ministry in monetary and fiscal area
- ❖ Business Statistics & Data Processing
- ➢ Data types, data collection and analysis, sampling, need and methods of sampling, Probability theory, Probability Distribution, analysis and interpretation of data. Index numbers, Statistical quality control, correlation and regression, Linear Programming
- ➢ Data processing - elements, data entry, data processing and computer application, Computer application to functional areas- Accounting, Inventory Control, Business Reporting & fundamentals of XBRL (eXtensible Business Reporting Language)
- ❖ Banking and Financial Institution
- ➢ Importance of Banking to business, meaning and function - function of commercial banks, Types of Banks and their functions: Reserve Bank of India, NABARD and Rural Banking, Banking Sector Reforms in India, E-Banking, Development of Banking: IDBI, IFCI, SFCs, UTI, SIDBI, Introduction to New Banking Institutions- Payment Banks, MUDRA Bank, Mahila Bank
Syllabus of the Mains Examination
- ❖ Paper I: Gujarati Language
- ❖ નિબંધ: ૫ માંથી કોઈપણ એક (ઓછામાં ઓછાં 250 શબ્દ વધુમાં વધુ 300 શબ્દ) (વર્ણનાત્મક, વિશ્લેષણાત્મક, ચિંતનાત્મક, સાંપ્રત સમસ્યા પર આધારિત)
- ❖ વિચાર વિસ્તાર (3 માંથી કોઈ પણ 2) કાવ્યપંક્તિઓ કે ગદ્યશક્તિનો વિચાર વિસ્તાર આશરે 100 થી 150 શબ્દોમાં.
- ❖ સંક્ષેપીકરણ: આપેલા ગદ્યખંડ માંથી આશરે ⅓ ભાગમાં તમારા શબ્દોમાં સંક્ષેપ
- ❖ ગદ્ય સમીક્ષા: ગદ્યખંડના આધારે પૂછેલા પ્રશ્નોના જવાબ લખો
- ❖ ઔપચારિક ભાષણ તૈયાર કરવા ( સ્વાગત, વિદાય, ઉદ્ઘાટન વગેરે)/ પત્રકાર પરિષદ માટે ઉદબોધન તૈયાર કરવા (ઊર્જા, ખેતી ધિરાણ, પ્રદૂષણ, આરોગ્ય, શિક્ષણની નીતિ વિષયક કે સમસ્યા વિષયક) ( આશરે 150 શબ્દો )
- ❖ પ્રચાર માધ્યમો માટે નિવેદન તૈયાર કરવા ( આશરે 150 શબ્દો )
- ❖ પત્રલેખન ( અભિનંદન/ શુભેચ્છા/વિનંતી/ફરિયાદ વગેરે) ( આશરે 150 શબ્દો )
- ❖ ચર્ચાપત્ર ( વર્તમાન પત્રમાં પ્રજાના પ્રશ્નો / સાંપ્રત સમસ્યા / વ્યક્તિગત અભિપ્રાય રજૂ કરતું ચર્ચાપત્ર) ( આશરે 150 શબ્દો )
- ❖ દ્રશ્ય આલેખન ( ચિત્ર પરથી લખાણ આશરે 150 શબ્દોમાં)
- ❖ અહેવાલ લેખન (આશરે 150 શબ્દોમાં)
- ❖ સંવાદ કૌશલ્ય: બે વ્યક્તિઓ વચ્ચેનો સંવાદ (આશરે 150 શબ્દોમાં) ( જૂથ ચર્ચા, સભા નું કામકાજ, પાણી, કૃષિ, આરોગ્ય, સફાઈ, શિક્ષણ ને લગતી સમસ્યાઓ વગેરે)
- ❖ ભાષાંતર: અંગ્રેજીમાંથી ગુજરાતીમાં અનુવાદ
- ➢ ગુજરાતી વ્યાકરણ
- ➢ રૂઢિપ્રયોગોનો અર્થ અને તેનો વાક્ય પ્રયોગ
- ➢ કહેવતોનો અર્થ
- ➢ સમાસનો વિગ્રહ કરી તેની ઓળખ
- ➢ છંદ ઓળખાવો
- ➢ અલંકાર ઓળખાવો
- ➢ શબ્દસમૂહ માટે એક શબ્દ
- ➢ જોડણી શુદ્ધિ
- ➢ લેખન શુદ્ધિ ભાષા શુદ્ધિ
- ➢ સંધિ જોડો કે છોડો
- ➢ વાક્ય રચના ના અંગો / વાક્યના પ્રકાર / વાક્ય પરિવર્તન
- ❖ Paper II: English Language
- ➢ ESSAY (A minimum of 250 words and a maximum of 300 words): Choose any one topic from a list of five. (Descriptive/ analytical/ philosophical/ based on Current Affairs)
- ➢ LETTER WRITING (in about 150 words): A formal letter expressing one’s opinion about an issue. The issues can deal with daily office matters/ a problem that has occurred in the office/ an opinion in response to one sought by a ranked officer etc.
- ➢ PRESS RELEASE/ APPEAL (in about 150 words): The PR or appeal should be on an issue pertaining to a recent concern/problem/disaster/rumours etc.
- ➢ REPORT WRITING (in about 150 words): A report on an official function/event/field trip/survey etc.
- ➢ WRITING ON VISUAL INFORMATION (in about 150 words): A report on a graph/image/ flow chart/table of comparison/ simple statistical data etc.
- ➢ FORMAL SPEECH (in about 150 words): A speech (in a formal style) that isto be read out in a formal function. This could be an inauguration speech, an educational seminar/conference, a formal ceremony of importance etc.
- ➢ PRECIS WRITING: A precis in about 100 words for a 300-word passage.
- ➢ READING COMPREHENSION: A reading passage of about 250 words to be given followed by 05 Multiple-choice questions and 10 short-answer type questions.
- ➢ ENGLISH GRAMMAR
- ■ Tenses, Voice, Narration (Direct-Indirect), Transformation of sentences
- ■ Use of Articles and Determiners
- ■ Use of Prepositions
- ■ Use of Phrasal verbs
- ■ Use of idiomatic expressions
- ■ Administrative Glossary
- ■ Synonyms/Antonyms
- ■ One-word substitution
- ■ Cohesive devices/Connectives/Linkers
- ■ Affixes
- ■ Words that cause confusion like homonyms/homophones.
- ➢ TRANSLATION: Translation of a short passage (of about 150 words) from Gujarati to English.
- ❖ Paper III: General Studies
- ➢ History of India
- ■ Indus Valley Civilization in India and important excavated sites - It’s salient features.
- ■ The Vedic times, Jainism and Buddhism. The Nanda Dynasty.
- ■ Foreign invasions on India and their impact.
- ■ Important Dynasties of Ancient India with special reference to the Mauryas, the Sungas, The Satavahanas,The Kushans, The Guptas, The Chalukyas, The Rashtrakutas, Vijaynagar Empire, Pallavas and Cholas- their administration, art, architecture, literature, science and technology.
- ■ Educational institutions. Takshshila, Nalanda and Vallabhi.
- ■ Historical accounts of the Foreign Travelers.
- ■ Harshavardhana and his times. His relations with Gujarat.
- ■ Major Dynasties of Gujarat.
- ■ The Delhi Sultanate from 1206 to 1526.
- ■ The Bhakti Movement and Sufism.
- ■ The Mughal Empire from 1526 to 1707.
- ■ The rise and fall of the Maratha Empire.
- ■ The advent of the Europeans in India. Establishment and expansion of British rule in India from 1757 to 1856. Land Revenue Settlement. Permanent Settlement. Ryotwari and Mahalwari.
- ■ Indian war of Independence of 1857 and Queen Victoria’s Proclamation.
- ■ Religious and social reform movements in the 19th Century in India and Gujarat.
- ■ Factors responsible for the rise of Indian Nationalism. Activities of Indian National Congress from 1885 to 1920.
- ■ Rise of Mahatma Gandhi on National Horizon, impact of his thoughts, principles and philosophy on political, social, economic, religious and cultural life of India.
- ■ The Role of Sardar Patel in freedom movement and post-independence consolidation.
- ■ Indian Revolutionaries in India and abroad, Indian National Army and Subhash Chandra Bose.
- ■ Dr. B.R. Ambedkar, his life and contribution to making of Indian Constitution.
- ■ India after Independence - Reorganization of the States within the country, Mahagujarat Movement, Major events.
- ➢ Cultural Heritage
- ■ Indian Culture and its Salient aspects of Art forms, Literature, Architecture and Sculpture from Ancient to Modern times; Salient features of Indian Society.
- ■ Indian Cinema and Theatre, its influence on Society.
- ■ Art and Craft of Gujarat.
- ■ Gujarati Theatre (Rangbhumi).
- ■ Gujarat’s Folk Culture and Oral Tradition: Its Importance, Peculiarities and Impact.
- ■ Culture of coastal area of Gujarat, Tribal Culture.
- ➢ Geography
- ■ Study of Physical Features and Resources of India and Gujarat; Major landforms, climate, soil, rocks, rivers, reservoirs vegetation, minerals and water resources.
- ■ Economic Activities: Primary, Secondary, Tertiary and Quaternary.
- ■ Social and Demographic geography.
- ■ Developmental and Environmental issues, Sustainable development, Globalization; its impact on society and economy, Smart Cities and solutions. Natural hazards, Carbon emission, Pollution-hazard management. Global response to problems of Climate Change and Environmental depletion. Important treaties and Conventions.
- ➢ Science And Technology
- ■ Integration of Science, Technology and Innovation for better human life; Science & Technology in everyday life; National Policies on proliferation of Science, Technology and Innovation; India’s contribution in the field of Science and Technology. concerns and challenges in the proliferation and use of science and technology; Role and Scope of Science and Technology in nation building.
- ■ Information and Communication Technology (ICT) - its importance, advantages and challenges; E-governance and India; Cyber Crime and policies to address security concerns.
- ■ Indian Space Programme - Past, Present and Future
- ■ Energy policy Nuclear Policy of India.
- ■ Technology in Defense Services - its importance, advantages and challenges.
- ■ Achievements of Indians in the field of Science and Technology- Indigenous technologies and developing new technologies.
- ➢ Indian Polity and Constitution
- ■ Indian Constitution and its salient features.
- ■ Functions and duties of the Indian Union and the State Governments.
- ■ Issues and challenges pertaining to the Federal structure – Role of Governor in States.
- ■ Distribution of powers between the Union and States (Union list, State list and Concurrent list) – Issues and challenges.
- ■ Important Constitutional Amendments.
- ■ Constitutional Authorities and their Role.
- ■ Parliament and State Legislatures – structure, functioning, conduct of business, powers & privileges and issues arising out of these.
- ■ Judiciary in India – Structure and functions, important provisions relating to emergency and constitutional amendments, judicial review, Public Interest Litigation.
- ➢ Indian Economy and Planning
- ■ Emergence and development of planning exercises in India. Economic Performance, Dynamics, Challenges, New Initiatives, Reforms etc. by the State and Central Page 45 of 50 Government. Important Events, Developments and Social Sector Initiatives. NITI Aayog: aims, constitution and functions. Social Audit. Centre-state financial relation.
- ■ Rural development - Challenges and policies; employment policies/schemes in India.
- ■ External sector: Trends, Composition and Direction of Foreign Trade. External sector reforms. Foreign Institutional Investment (FII) and Foreign Direct Investment (FDI).
- ■ Economy of Gujarat state-An overview, Gujarat Economy in relation to India and major states, Development policies for economic and social infrastructure. Co-operative movement in Gujarat and its impact on Socio-economic aspects of life.
- ■ Infrastructure: Energy, Port, roads, Airport, Railways, Telecommunications – Social Impact Assessment.
- ➢ Current Events of Regional, national and International Importance
- ❖ Paper IV: Accountancy & Auditing I
- ➢ Basics of Accounting
- ■ Introduction, Bookkeeping, Book Keeping & Accounting, Origin of Accounting, Importance, Development, Functions of Accounting, Limitations of Accounting, Classifications of Accounting, Accounting Equation, accounting Methods, Accounting terminology, Process of accounting: Journal Entries, Books of Subsidiaries, ledger, Posting, Process of Posting, Vouching, Trial Balance, Adjustments, Final accounts, rectification of errors, Compound Entries, Bills of Exchange, Bank Reconciliation Statement, Capital and Revenue Accounts, Depreciation Accounts, Accounts of Non-Profit Organisations, Accounting Concepts, Accounting Conventions, Accounting Policies, Accounting Principles, GAAP, Accounting Standards, Indian Accounting Standards, International Accounting Standards and IFRS (International Financial Reporting Standards), role of Computer in Accounting, Tally accounts
- ➢ Advanced Accounting
- ■ Consignment Account, Joint Venture Account, Fire Insurance Claim Account, Hire Purchase Account & Instalment System, Royalty Accounts, Departmental Accounts, Branch Accounts, Final Accounts of Insurance Company, Government Accounting, Accounts of Banking Companies, Partnership Accounts, Reconstruction of Partnership, Admission of a new Partner, Death/retirement of a partner, Piecemeal Distribution and Dissolution of Partnership firm, Final accounts of Partnership
- ➢ Corporate Accounts
- ■ Company Accounts: Issue and forfeiture of Shares, redemption of Preference Shares, Debentures Issue and Redemption, Accounts of Underwriting Commission, Alteration of Share Capital, Valuation of Goodwill, Valuation of Shares, Purchase of Business, Amalgamation, Absorption & Reconstruction, Liquidation of Companies, Final Accounts of the Company as per Companies Act,2013, Fund flow Statement, Cash flow Statement, Analysis and Interpretation of Financial Statements, Accounting Ratios and Analysis
- ➢ Auditing
- ■ Meaning & Basic Elements, Characteristics, Objectives, Types, Advantages Internal Control, Investigation, Statutory Auditor: Appointment, Qualification, Rights and Duties – Secretarial Audit, Cost Audit, Vouching; Meaning and Objectives, Types, Valuation of Assets and Liabilities, Company Audit and related Provisions of Companies Act,2013, Auditor’s Report & Certificate, Tax Audit, Cost Audit, Audit Program.
- ➢ Financial Management
- ■ Meaning and Importance of financial Management, Traditional v/s Modern approach of Financial Management, Money and Capital Market, Sources of Financing, Capitalisation, Capital Structure, Cost of Capital, Leverage, dividend decisions, Capital Budgeting, time Value of Money, Working Capital Management, Risk and Return Management, Working of Stock Exchanges in India NSE, BSE, Regulatory Authorities: SEBI, rating agencies.
- ➢ Income Tax Act
- ■ Assessment of Individuals, HUF, Firms (including LLP), Association of Persons (AOPs), Co-operative Societies, Trusts, Charitable and Religious Institutions, Mutual Associations, Companies, Dividend Distribution Tax (DDT), Minimum Alternate Tax (MAT) and other special provisions relating to companies, Tax Planning, Evasion and Avoidance, Residential Status, Heads of Income, Taxation of Non-Residents, Double taxation Relief, Double Taxation Avoidance Agreements (DTAAs), Return of Income and procedure of Assessment, Income of other persons included in Total Income of an Assessee, Aggregation of Income and Set off or Carry Forward of Losses, Deductions in computing Total Income, Rebates & Reliefs, Applicable Rates, of Tax and Tax Liability, Advance Rulings, Settlement Commission, Appeals and Revision, Penalties and Prosecutions, Income Tax Authorities.
- ❖ Paper IV: Accountancy & Auditing II
- ➢ Cost & Management Accounting
- ■ The concept of cost, types of cost, Elements of Cost, Classification of Cost, Cost Objects, Cost centers and Cost Units, Cost Accounting and Cost Ascertainment, Direct Labour, Direct Material, Direct Expenses, Overheads, Prime Cost, Factory Cost, Cost Of Production, Cost of Sales, Stock Register, FIFO, LIFO, Weighted Average Method, Uniform Costing, Different methods of Costing, Unit Costing, Process Costing, Batch and Job Costing, Operating Costing, Cost accounting for Hotels, Contract Costing, Integrated and Non, Integrated Accounts, Reconciliation of Cost & Financial Accounts, Cost Accounting Standards Management Accounting: Meaning, Characteristics, Nature, Marginal Costing and Break Even Analysis, Decision making, Standard Costing and Variance Analysis, Budgetary Control, Types of Budgets, Cash Budget, Flexible Budget, Zero Base Budgeting
- ➢ Goods and Service Tax (GST)
- ■ Constitutional framework of Indirect Taxes before GST (Taxation Powers of Union & State Government), Concept of VAT: Meaning, Variants and Methods, Major Defects in the structure of Indirect Taxes prior to GST, Rationale for GST, The Constitution (One Hundred and First Amendment) Act, 2016, Structure of GST, GST Council, GST Network, Registration, Levy and collection of GST: Taxable event, “Supply” of Goods and Services, Place of Supply: Within state, Interstate, Import and Export, Time of supply, Valuation for GST, Valuation rules, taxability of reimbursement of expenses, Exemption from GST: Small supplies and Composition Scheme, Classification of Goods and Services: Composite and Mixed Supplies, Input Tax Credit, GST Acts: The Central Goods and Service Tax Act2017, The Integrated Goods and Service Tax Act-2017, The Goods and Service Tax (Compensation to States) Act-2017, The Gujarat Goods and Service Act-2017, The Gujarat Goods and Services Tax (Amendment), 2018.
- ➢ Financial Administration
- ■ Monetary and Fiscal policies, Public Debt, Budget, types and forms, Budgetary process, financial accountability, Public accounts and audit , budget as a political instrument, Parliamentary Control of Public Instrument, Parliamentary Control of Public Expenditure, Role of finance ministry in monetary and fiscal area. Role of the Comptroller and Auditor General.
- ➢ Business Statistics & Data Processing
- ■ Data types, data collection and analysis, sampling, need and methods of sampling, Measures of Central Tendency and Measures of dispersion, Probability theory, Probability Distribution, analysis and interpretation of data, Index numbers, Statistical quality control, Correlation and regression, Linear Programming, Time series Analysis. Data processing , elements, data entry, data processing and computer application, Computer application to functional areas, Accounting, Inventory Control, Business Reporting & fundamentals of XBRL (eXtensible Business Reporting Language)
- ➢ Banking and Financial Institution
- ■ Importance of Banking to business, meaning and function - function of commercial banks, Banking operations, Types of Banks and their functions: Reserve Bank of India, NABARD and Rural Banking, Banking Sector Reforms in India, Online- E-Banking, Development of Banking: IDBI, IFCI, SFCs, UTI, SIDBI, Introduction to New Banking InstitutionsPayment Banks, MUDRA Bank, Mahila Bank, THE NEGOTIABLE INSTRUMENT ACT, 1881:Legal aspects of negotiable instrument in general and special features of the different instruments in particular, Important Institutions related to Banking and Payments, Digital Payment and legal framework to curb fraudulent transactions.
- ➢ Business Economics
- ■ Demand and Supply: Determinants of demand, movements vs. shift in demand curve, Determinants of Supply, Movement along a supply curve vs. shift in supply curve; - Market equilibrium and price determination, Elasticity of demand and supply, Application of demand and supply, Production: Firm as an agent of production, Concepts of Production function, Law of variable, proportions; Economics and Diseconomies of scale, Costs: Costs in the short run. Costs in the long run, Profit maximization and cost minimization, Equilibrium of the firm, Market Structure: Perfect Competition, Monopoly and Imperfect Competition.