Professional Documents
Culture Documents
for CA-CPT
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OUR VISION
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
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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.
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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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
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
GROUP 2
5. ADVANCED ACCOUNTING
6. AUDITING AND ASSURANCE
7.INFORMATION TECHNOLOGY AND
STRATEGIC MANAGEMENT
Information technology (50 Mark)
Strategic Management (50 Mark)
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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(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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Amount (Rs.)
Admission Fee
Material Cost
Remarks
500
1,000
Tuition Fee
15,000
Total
16,500
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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Director
IAM B School
Office seal
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