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Re-Engineering Professional Excellence

#4, Zamorians Square


Opp. Railway Station
Link Road
Calicut-673002
PH: 0495 4062 666
097 47 49 6666
Email: info@iamstudies.com

Proposal to: The INSPIRE EDU SOLUTIONS

for CA-CPT
Confidential

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About IAM BUSINESS SCHOOL


IAM BUSINESS SCHOOL, The pioneer educational institution among the leading
professional colleges in Kerala, Started its voyage towards professional excellence in the year
2009.Now IAM is in its 6th year of successful service in professional education. In this short span
of its existence IAM has moved swiftly ahead to carve a niche for itself as an institution promoting
overall excellence among the students. Fortunately students of India can bring an end to their
search for qualitative coaching point as IAM B School is all set to reach out their needs of
meticulous coaching classes which is indeed a dream come true.

OUR VISION

To create young professionals for a better and


alternative society

IAM B School has been contributing Quality professionals to the society and continuing the
same since 2009. Through industry oriented highly demanding new generation courses, we are
offering quality exposure to enchanting world of the new generation corporate world. Apart from
mere education, we are molding professionals to face the challenges in the much competitive future
corporate world. The institution is striving hard to achieve excellence by imparting professional
education and cutting edge enterprise wide knowledge to youth , thereby enabling them to combat
the onslaught industry poses.
IAM B School is a new age, multi-disciplinary institution offering a portfolio of professional
courses including national courses as Chartered Accounting(CA), Cost and Management
Accountant(CMA),Company secretary ( CS) and international courses as Association of Chartered
certified Accountants (ACCA)UK , Certified Management Accountant (CMA)US, Chartered
Institute of Management Accountants(CIMA)UK, Diploma in International Financial Reporting(Dip
IFRS)UK Ensuring the right blend of academic rigor and business focus of the industry, the
institution has transformed itself into a trend setter in professional education since 2009.
The sincere efforts of our Management Team in creating state of the art infrastructure, dedicated
highly qualified senior faculty, disciplined campus, opportunity for co-curricular activities,
systematically developed procedures and processes and emphasis on personal development of
each student etc...earned quick reputation for the institution. This in turn, made it possible for us to
achieve the coveted ISO 9001:2008 certification in the year 2012.

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OUR MISSION

Re -Engineering the system of education by having a holistic


approach professional training towards

IAM B School prides itself in creating a congenial academic environment, conducive to


learning on the strength of most modern infrastructural facilities provided by the management and
a highly motivated and competent team of faculty constantly endeavoring to mould world class
professionals of the future. We aims at enabling the students to learn about the group behavior,
team work, group effort and increasing the self confidence level of the students to a next level and
enabling them to approach the studies in a smart way than the conventional hard working
approach to the studies. We aims at moulding a group of people who can lead the future
generation from the front. IAM Management, staff , faculties and students work as a family inorder
to achieve this goal and hopes that the group synergy can make wonders in the modern era of
corporate and technological innovations.Let us put our hands together to plant the seeds so
that the future generation can rest on the shades of the banyan tree.

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About The INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA

The Institute of Chartered Accountants of India


(Setup by an Act of Parliament)

The Institute of Chartered Accountants of India (ICAI) is a statutory body established on


1st July, 1949 by an Act of Parliament, viz., The Chartered Accountants Act, 1949, for regulating
the profession of chartered accountancy in the country. The Institute functions under the
administrative control of the Ministry of Corporate Affairs, Government of India and has 5
Regional Councils, 128 Branches covering the length and breadth of the country and 21 Chapters
abroad. Founded 64 years ago with just seventeen hundred members, the Institute has grown to
cross the mark of 2,00,000 members and more than 10,00,000 students. It is the premier
accounting body in the country and the second largest in the world. The ICAI is managed by a
Council consisting of 40 members out of whom 32 members are elected by Chartered
Accountants and 8 members nominated by the Central Government. The Board of Studies is
responsible for administering the CA education and training and also all activities relating to the
CA students.

About Chartered Accountancy (CA) Qualification

Chartered Accountants are professional people who work in the field of business and
finance and their job encompasses areas like audits, taxation, company law, financial accounting
and general management of companies. They can either work as self-employed professionals, or
work as employees in public or private sector. As an employee, a C.A.'s basic job is to maintain
accounts, complying the regulatory requirements and provide inputs on financial managements.
As a professional, they do financial audits, give financial advice to the company or individual,
advice the clients on tax planning, mergers and acquisitions and male management reports giving
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recommendations after mandatory audits.CA is the only professional course wherein practical
training is embedded with a high quality curriculum reckoning the contemporary business
dynamics. The standards maintained by the CA Institute with regard to expected knowledge of a
fresh CA is of the highest order wherein captains of business houses throng at CA institute catch
them all . Most lucrative packages are offered by the industries wherein the fresher can choose
his/her employer and not the other way round which is the case for other professional courses. If
hard work is the mantra of the prospect, then the only destination is CA course.The Chartered
Accountants are entrusted with substantial responsibility under various legislations such as
compulsory audit of the all companies, banks, stock brokers, big income-tax assesses, large bank
borrowers, etc. This shows the confidence and trust reposed by the Government and society in
the profession. The society has increasingly recognized the services of CAs in the entire gamut of
management consultancy services including management accounting, management information
and control system, international finance information technology and financial services sector.
High recognition in the Society.

Chartered Accountants are required by every commercial enterprise.


No post qualification gestation period.
C. A. Course backed by theoretical and practical knowledge.
During Articleship practical exposure is available.
High remuneration prospects & Job Satisfaction.
Course has constitutional support.
C.A. course offered by ICAI has been ranked No. 2, worldwide.

CAREER PROSPECTUS
Chartered accountants provide trustworthy information about financial records. This might involve
financial reporting, taxation, auditing, forensic accounting, corporate finance, business recovery
and insolvency, or accounting systems and processes.
Generally, they play a strategic role by providing professional advice, aiming to maximize
profitability on behalf of their client or employer. They work in many different settings including
public practice firms, industry and commerce, as well as in the not-for-profit and public sectors.
In public practice firms, chartered accountants provide professional services to fee-paying clients
who might be private individuals or large commercial or public sector organizations.
In commerce, industry and the not-for-profit and public sectors, they may work in treasury
management, procurement and financial management or in reporting roles.

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TYPICAL WORK ACTIVITIES


The role of a chartered accountant can cover many aspects of finance work, including:

continuous management of financial systems and budgets;


undertaking financial audits (an independent check of an organisation's financial position);
Providing financial advice.
In public practice, tasks carried out by a chartered accountant include:

liaising with clients (individuals or businesses) and providing financial information and advice;
reviewing the company's systems and analysing risk;
performing tests to check financial information and systems;
advising clients on tax planning (within current legislation to enable them to minimise their tax
liability) and tax issues associated with activities such as business acquisitions and mergers;
maintaining accounting records and preparing accounts and management information for
small businesses (accountancy);
advising clients on business transactions, such as mergers and acquisitions (corporate
finance);
advising clients on areas of business improvement, or dealing with insolvency;
detecting and preventing fraud (forensic accounting);
Managing junior colleagues.
In commerce and industry, and the public and not-for-profit sectors, work involves:

liaising with internal and external auditors and dealing with any financial irregularities as they
arise;
producing reports and recommendations following internal audits or public-sector audits;
preparing financial statements, including monthly and annual accounts;
preparing financial management reports, including financial planning and forecasting;
advising on tax and treasury issues;
Negotiating terms with suppliers.

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ROUTEMAP TO BE A
Enroll for CPT after Passing 10th

Join for "IAM +2 Going" class while doing +2

Attend CPT Crash class after appearing for +2 Exams


or
Attend CPT Regular Class after +2 Results

COMMON PROFICIENCY TEST (CPT)


1. FUNDAMENTALS OF ACCOUNTING (60 Marks)
2. MERCANTILE LAW (40 Marks)
3. QUANTITATIVE TECHNIQUE (50 Marks)
4. GENERAL ECONOMICS (50 Marks)
Exams in every JUNE and DECEMBER
Objective type questions
Requires 30% Marks to be scored individually &
50% In aggregate.
1/4 Marks will be deducted for every wrong answer.

FINAL
GROUP 1
1. FINANCIAL REPORTING (100 Mark)
2. STRATEGIC FINANCIAL
MANAGEMENT (100 Mark)
3. ADVANCED AUDITING &
PROFESSIONAL ETHICS (100 Mark)
4. CORPORATE & ALLIED LAW(100Mark)
Company Law(70 Mark)
Allied Law(30 Mark)
GROUP 2

5. ADVANCED MANAGEMENT
ACCOUNTING [AMA] (100 Mark)
6. INFORMATION SYSTEM CONTROL
AND AUDIT [ISCS] (100 Mark)
7. DIRECT TAX LAW (100 Mark)
8. INDIRECT TAX LAW (100 Mark)

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ARTICLESHIP TRAINING

INTEGRATED PROFESSIONAL COMPETENCE COURSE (IPCC)


GROUP 1

3 YEARS OF ARTICLESHIP TRAINING


A student can also undergo audit training.
Eight months of audit training is treated
as equivalent to six months of
articleship training.

GROUP 2

1. ACCOUNTING (100 Mark)


2. BUSINESS LAWS, ETHICS AND COMMUNICATION(100 Mark)
Business Law (60 Mark)
Ethics (20 Mark)
Communication (20 Mark)
3. COST ACCOUNTING AND FINANCIAL MANAGEMENT(100 Mark)
Cost Accounting (50 Mark)
Financial Management (50 Mark)
4. TAXATION(100 Mark)
Income Tax (50 Mark), Service Tax(25 Mark) &
VAT(25 Mark)

5. ADVANCED ACCOUNTING
6. AUDITING AND ASSURANCE
7.INFORMATION TECHNOLOGY AND
STRATEGIC MANAGEMENT
Information technology (50 Mark)
Strategic Management (50 Mark)

INFORMATION TECHNOLOGY TRAINIING (100 Hours)

ORIENTATION PROGRAM (35 Hours)

IPCC and Final Exams are conducted in MAY and NOVEMBER every Year
Descriptive exam for both IPCC and Final
Student can Appear either One or Both group of IPCC and Final in each session
Requires 40 % Individually and 50 % Aggregate to clear a group in IPCC and Final

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CA-CPT Syllabus
CA_CPT :: Common Proficiency Test
[One paper: Four Sections - 200 marks]
SESSION I : (Two Sections Two hours 100 Marks)
Section A : Fundamentals of Accounting (60 Marks)

Level of Knowledge :
Basic knowledge.
Objective . . .
a. To develop conceptual understanding of the fundamentals of financial accounting system.
Contents ...
1. Theroretical Framework
(i) Meaning and Scope of accounting
(ii) Accounting Concepts, Principles and Conventions
(iii) Accounting Standards concepts, objectives, benefits
(iv) Accounting Policies
(v) Accounting as a measurement discipline valuation principles, accounting estimates
2. Accounting Process
Books of Accounts leading to the preparation of Trial Balance, Capital and revenue
expenditures, Capital and revenue receipts, Contingent assets and contingent liabilities,
Fundamental errors, including rectifications thereof.
3. Bank Reconciliation Statement
4. Inventories
Basis of inventory valuation and record keeping.
5. Depreciation accounting

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Methods, computation and accounting treatment of depreciation, Change in depreciation


methods.
6. Preparation of Final Accounts for Sole Proprietors
7. Accounting for Special Transactions
(a) Consignments
(b) Joint Ventures
(c) Bills of exchange and promissory notes
(d) Sale of goods on approval or return basis.
8. Partnership Accounts
Final accounts of partnership firms Basic concepts of admission, retirement and death of a
partner including treatment of goodwill.
9. Introduction to Company Accounts
Issue of shares and debentures, forfeiture of shares, re-issue of forfeited shares, redemption of
preference shares.

CA_CPT :: Common Proficiency Test


[One paper: Four Sections - 200 marks]
SESSION I : (Two Sections Two hours 100 Marks)
Section B : Mercantile Law (40 Marks)
Level of Knowledge :
Basic knowledge.
Objective . . .
a. To test the general comprehension of elements of mercantile law.
Contents ...
1. The Indian Contract Act, 1872
An overview of Sections 1 to 75 covering the general nature of contract , consideration , other

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essential elements of a valid contract , performance of contract and breach of contract.


2. The Sale of Goods Act, 1930
Formation of the contract of sale Conditions and Warranties Transfer of ownership and
delivery of goods Unpaid seller and his rights.
3. The India Partnership Act, 1932
General Nature of Partnership Rights and duties of partners Registration and dissolution of
a firm.

CA_CPT :: Common Proficiency Test


[One paper: Four Sections - 200 marks]
SESSION II : (Two Sections Two hours 100 Marks)
Section C : General Economics (50 Marks)
Level of Knowledge :
Basic knowledge.
Objective . . .
a. To ensure basic understanding of economic systems, economic behaviour of individuals
and organizations.
Contents ...
I. Micro Economics
1. Introduction to Micro Economics
(a) Definition, scope and nature of Economics
(b) Methods of economic study
(c) Central problems of an economy and Production possibilities curve.

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2. Theory of Demand and Supply


(a) Meaning and determinants of demand, Law of demand and Elasticity of demand, Price,
income and cross elasticity
(b)

Theory of consumer s behaviour Marshallian approach and Indifference curve


approach

(c) Meaning and determinants of supply, Law of supply and Elasticity of supply.
3. Theory of Production and Cost
(a) Meaning and Factors of production
(b) Laws of Production - The Law of variable proportions and Laws of returns to scale
(c) Concepts of Costs - Short-run and long-run costs, Average and marginal costs, Total,
fixed and variable costs.
4. Price Determination in Different Markets
(a) Various forms of markets Perfect Competition, Monopoly, Monopolistic Competition
and Oligopoly
(b) Price determination in these markets.
II. Indian Economic Development
5. Indian Economy - A Profile
(a) Nature of the Indian Economy
(b) Role of different sectors Agriculture, Industry and Services in the development of the
Indian economy, their problems and growth.
(c) National Income of India Concepts of national income, Different methods of
measuring national income, Growth of national income and per capita income in
various plans.

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(d) Basic understanding of tax system of India Direct and Indirect Taxation.
6. Select Aspects of Indian Economy
(a) Population Its size, rate of growth and its implication for growth
(b) Poverty Absolute and relative poverty and main programs for poverty alleviation
(c) Unemployment Types, causes and incidence of unemployment
(d) Infrastructure Energy, Transportation, Communication, Health and Education
(e) Inflation
(f) Budget and Fiscal deficits
(g) Balance of payments
(h) External debts.
7. Economic Reforms in India
(a) Features of economic reforms since 1991
(b) Liberalisation, Privatisation and Disinvestment
(c) Globalisation.
8. Money and Banking
(a) Money Meaning and functions
(b) Commercial Banks Role and functions
(c) Reserve Bank of India Role and functions, Monetary policy.

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CA_CPT :: Common Proficiency Test


[One paper: Four Sections - 200 marks]
SESSION II : (Two Sections Two hours 100 Marks)
Section D : Quantitative Aptitude (50 Marks)
Level of Knowledge :
Basic knowledge.
Objective . . .
a. To test the grasp of elementary concepts in Mathematics and Statistics and application of
the same as useful quantitative tools.
Contents ...
1. Ratio and proportion, Indices, Logarithms.
2. Equations
Linear simultaneous linear equations up to three variables, quadratic and cubic equations in
one variable, equations of a straight line, intersection of straight lines, graphical solution to
linear equations.
3. Inequalities
Graphs of inequalities in two variables common region.
4. Simple and Compound Interest including annuity, Applications
5. Basic concepts of Permutations and Combinations
6. Sequence and Series Arithmetic and geometric progressions
7. Sets, Functions and Relations
8. Limits and Continuity, Intuitive Approach
9. Basic concepts of Differential and Integral Calculus (excluding trigonometric functions)
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10. Statistical description of data


(a) Textual, Tabular & Diagrammatic representation of data.
(b) Frequency Distribution.
(c)

Graphical representation of frequency distribution Histogram, Frequency Polygon,


Ogive

11. Measures of Central Tendency and Dispersion


Arithmetic Mean, Median Partition Values, Mode, Geometric Mean and Harmonic, Mean,
Standard deviation, Quartile deviation
12. Correlation and Regression
13. Probability and Expected Value by Mathematical Expectation
14. Theoretical Distributions
Biomial, Poisson and Normal.
15. Sampling Theory
Basic Principles of sampling theory , Comparison between sample survey and complete
enumeration , Errors in sample survey , Some important terms associated with sampling ,
Types of sampling , Theory of estimation , Determination of sample size .
16. Index Numbers

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Our fee structure and scholarship program:


We have coined the scholarship program to motivate the students to come ahead and
reap the benefits of our courses. Our fee structure and scholarship program are
tabulated below:
Fee Structure CA-CPT and CS-Foundation
Fee Details

Amount (Rs.)

Admission Fee
Material Cost

Remarks

500

Not under scholarship program

1,000

Not under scholarship program

Tuition Fee

15,000

Total

16,500

Eligible for scholarship

Scholarship Program
IAM offers a scholarship program for the students willing to apply for the CA-CPT and
CS foundation. Prior to the enrolment of students IAM conducts a preliminary test of
100 marks. The scholarship awarded to the students is linked with the marks secured
in the said test. The scholarship amount is based on the percentage of marks obtained:

Marks

Gross
Fee

Scholarship
%

Scholarship
Amount (Rs.)

Student Pays
Tuition
fees

Material
Cost

Admission
Fee

Total

100

15,000

100%

15,000

1,000

500

1,500

95-99

15,000

75%

11,250

3,750

1,000

500

5,250

90-94

15,000

50%

7,500

7,500

1,000

500

9,000

80-89

15,000

40%

6,000

9,000

1,000

500

10,500

70-79

15,000

30%

4,500

10,500

1,000

500

12,000

60-69

15,000

20%

3,000

12,000

1,000

500

13,500

50-59

15,000

10%

1,500

13,500

1,000

500

15,000

<50

15,000

15,000

1,000

500

16,500

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TERMS AND CONDITIONS


1. The Fees quoted above is exclusive of any taxes. Taxes as applicable on the date of
invoice would be additional.
2. INSPIRE EDU SOLUTIONS management is responsible for Administering and Facilitating
the CA - CPT batch on behalf of IAM for a managing cost of Rs:100 / Student / Month.
3. Responding to the phone calls on CPT queries and counseling the students for admission
into CPT batch is the responsibility of INSPIRE EDU SOLUTIONS
4. Providing Classroom , Distribution of IAM Materials, Provision of adequate support essential
for smooth functioning of the class is the responsibility of INSPIRE EDU SOLUTIONS.
5. INSPIRE EDU SOLUTIONS is entitled for a rent of Rs:300 per day for the provision of
facilities mentioned in (3)
6. Payment terms: 50% at the time of Admission
25% on 1st Sunday of the month of September
25% on 1st Sunday of the month of December
7. The fees collected from the students should be deposited in IAM Bank Account on the very
next day of collection or should be handed over to IAM Collection Executive on arrival.
8. INSTITUTE OF ACCOUNTING AND MANAGEMENT STUDIES is entitled to revoke this
agreement on non payment of collected fees to IAM.
9. INSPIRE EDU SOLUTIONS is expected to standby the moral and ethical standards in
conducting the course. IAM will not be , under any circumstances responsible for the
consequences of any such actions from your side.
10. The proposal is valid for 15 days from the date of submission.
11. IAM B School may showcase this implement as a case study in its marketing collaterals.

Proposal Submission Date: 29 / June/ 2015

Proposal Acceptance Date:

Duly Signed by:


Mohammed Salih

Duly Signed By:(Name & Designation)

Director
IAM B School

Office seal

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Office seal

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