Courses

CS- Company Secretary

Posted: Wed, 06 May 2015, 01:37:32 pm

CS-Company Secretary

The Institute of Company secretaries of India (ICSI) is a premier national professional body established by act of parliament to develop and regulate the profession of Company Secretaries. Career as a Company Secretary is not only prestigious and financially rewarding but also carries with it a high level job 


CS- Company Secretary

CS- Course Full Structure and Fees Details 

 The student who would like to join the Course after 10+2 pass or equivalent has to undergo three stages to pursue the Company Secretaries Course i.e. 

     1. Foundation Programme 
     2. Executive Programme
     3. Professional Programme

The Student who would like to join the Course after passing the Graduation has to undergo two stages of the Company Secretary ship i.e. 

     1. Executive Programme
     2. Professional Programme

Foundation Programme which is of eight months duration can be pursued by 10+2 pass or equivalent students of Arts, Science or Commerce stream (Excluding Fine Arts)
Executive Programme can be pursued by a Graduate of all streams except Fine Arts 
Professional Programme can be pursued only after clearing the Executive Programme of CS Course

Admission to the CS Course is open throughout the Year

Examinations are held twice a year in June & December

Cut off dates for admission to CS course

For Foundation Programme:31st March for appearing in December Examination in the same year

                                                   30th september for June Examination next year

For Executive Programme:28th February for appearing both modules in

                                               December exams in the same year

                                               31st May for appearing in single module in

                                               December Examination in the same year

                                               31st August for appearing in both modules in June Exam in the next year

                                               30th november for appearing single module in

                                               June examination in the next  year

Subjects For CS Course:

There are 4 papers in CS  Foundation Programme
1. Business Environment and Law 

2. Business Management, Ethics and Entrepreneurship

3. Business Economics

4. Fundamentals of Accounting and Auditing


There are 7 papers divided into 2 Modules in CS Executive Programme (w.e.f.01.02.2013)

Module I (4 Papers)

1. Company Law
2. Cost and Management Accounting
3. Economic and Commercial Laws
4. Tax Laws and Practice

Module II (3 Papers)

I. Company Accounts and Auditing Practices
II. Capital Markets and Securities Laws
III. Industrial, Labour and General Laws

Professional Programme (New syllabus) w.e.f. 1st September 2013

Module I 

i. Advanced Company Law and Practice
ii. Secretarial Audit, Compliance Management and Due Diligence
iii. Corporate Restructuring, Valuation and Insolvency

Module II

iv. Information Technology and Systems Audit
v. Financial, Treasury  and Forex Management
vi. Ethics, Governance and Sustainability

Module III

i. Advanced Tax Laws and Practice
ii. Drafting, Appearances and Pleadings

iii. Elective 1 out of below 5 subjects

         9.1   Banking Law and Practice
         9.2   Capital, Commodity and Money Market
         9.3   Insurance Law and Practice
         9.4   Intellectual Property Rights – Law and Practice
         9.5   International Business – Laws and Practices

Fee structure for CS Course

CS Foundation Programme      -  4,500/- 
CS Executive Programme          - 9,000/- for Commerce Graduate

                                                       - 12,500/- CPT Passed of ICAI/Foundation passed of ICAI-CMA   
                                                       - 10,000/-  for Non commerce students 
                                                       - 8,500/- for CS Foundation passed  students
CS Professional Programme     - 12,000/-

Examination Fee

Foundation Programme      -    1,200/-

Executive Programme          -    1,200/- per module 

Professional Programme     -    1,200/- per module

Last date for submission of application for appearing in the examination

                           25th March (With late fee of  250/- till 9th April)
                           25th September (With late fee of  250/- till 10th October)

Medium of Examination


The Institute allows facility to students to appear in examination in English as well as in Hindi. (Except

Business Communication subject for Foundation Programme)


Qualifying marks

A candidate is declared to have passed the Foundation/Executive/Professional Examination, if he/she

secures at one sitting a minimum of 40% marks in each paper and 50% marks in the aggregate of all

subjects.

Time limit for completing CS Examination

A student is required to complete the Executive and the Professional examination within the

registration period. However, on payment of requisite fees the validity of registration may be renewed

or extended for further period subject to fulfilling the applicable guidelines.

Qualifying marks

A candidate is declared to have passed the Foundation/Executive/Professional Examination, if he/she

secures at one sitting a minimum of 40% marks in each paper and 50% marks in the aggregate of all

subjects.

Time limit for completing CS Examination

A student is required to complete the Executive and the Professional examination within the

registration period. However, on payment of requisite fees the validity of registration may be renewed

or extended for further period subject to fulfilling the applicable guidelines.

Existing Practical experience and training requirements

The students are required to undergo the following trainings:

7 days Student Induction Programme (SIP) 

Within six months of Registration to Executive Programme or exempted there from for becoming

eligible to seek enrolment to appear in Executive Programme Examination.  

70 hours compulsory computer training program

For becoming eligible to seek enrolment to appear in Executive Programme Examination.  

8 days Executive Development Programme (EDP)

After passing the Executive Programme and before commencement of 15 months training.

25 hours of Professional Development Programme (PDP) during 15 months training
15 months training

After passing the Executive Programme or Professional Programme on completion of Student

Induction Programme and Executive Development Programme with companies and Company

Secretaries in Practice registered with the Institute for imparting training.

3 months practical training is required to be undergone by the student if the student completes

professional programme examination and exempted from undergoing at least 12 months training on

the basis of Company Secretaries Regulations, 1982, as amended on submitting the documents to the

Institute and fulfils the requirement of Regulation 48.

This training will be exempted to the students who have undergone 15 months training.

15 days training in a specialized agency

Such as Registrar of Companies (ROC)/Stock Exchange/Financial and Banking Institution/Management

Consultancy Firm can only be commenced if the student completes SIP, EDP, 15 months training and

having passed professional programme examination.

15 days Management Skills Orientation Programme (MSOP)

After Professional Programme and on completion of Executive Development Programme and 15

months training.

15 days training in a specialized agency

Such as Registrar of Companies (ROC)/Stock Exchange/Financial and Banking Institution/Management Consultancy Firm can only be commenced if the student completes SIP, EDP, 15 months training and having passed professional programme examination

15 days Management Skills Orientation Programme (MSOP)

After Professional Programme and on completion of Executive Development Programme and 15

months training.

The students can be exempted from undergoing training totally or partially depending on the practical

experience possessed by them on fulfilling the requirement of the Company Secretaries Regulations, 1982,

as amended, on submitting the relevant documents.


A student after passing the Professional Programme may enrol as ‘Licentiate ICSI’ at his/her option until

completion of training requirements.

Detailed Syllabus

Foundation Programme 

Paper 1 Business Environment & Entrepreneurship

                Part A: Business Environment (30 Marks)

                       Business Environment

                       Forms of Business Organization

                       Scales of Business

                       Emerging trends in business – Concepts, Advantages & Limitations

                       Business Functions

                Part B: Business Laws (40 Marks)

                       Introduction to Law

                       Elements of Company Law

                       Elements of Law relating to Partnership

                       Elements of Law relating to Contract

                       Elements of Law relating to Sale of Goods

                       Elements of Law relating to Negotiable Instruments

                Part C: Entrepreneurship (30 Marks)

                       Entrepreneurship

                       Entrepreneurship – Creativity and Innovation

                       Growth & Challenges of Entrepreneurial Venture

                       Business Management, Ethics and Communication

Paper II: Business Management,Ethics and communication

                Part A: Business Management (40 Marks)

                       Nature of Management and its Process

                       Planning

                       Organisation

                       Human Resource Management

                       Direction and Co-ordination

                       Controlling

                       Recent Trends in Management

            Part B: Business Ethics (20 Marks)

                       Business Ethics

            Part C: Business Communication (40 Marks)

                       Business Communication

                       Essentials of Good English

                       Business Correspondence
                       Administration

                       Inter-departmental Communication

                       Preparation of Press Releases

                       Correspondence

                       Paper III:Business Economics

            Part A: Economics (70 Marks)

                      Nature and Scope of Economics

                      Theory of Demand and Supply

                      Theory of Production, Costs and Revenue

                      Forms of Markets and its Equilibrium

                      Money and Banking

                      Basic Characteristics of Indian Economy

                      Selected Areas of Indian Economy

            Part B: Elementary Statistics (30 Marks)

                     Statistics: An Overview

                     Collection and Presentation of Statistical Data

                     Measures of Central Tendency

                     Mathematics of Finance

                     Probability

                     Index Numbers and Time Series Analysis

                     Fundamentals of Accounting and Auditing

            Part A: Fundamentals of Accounting (70 Marks)

                    Theoretical Framework

                    Accounting Process

                    Bank Reconciliation Statement

                    Depreciation Accounting

                    Preparation of Final Accounts for Sole Proprietors

                    Partnership Accounts

                    Introduction to Company Accounts

           Part B: Fundamentals of Auditing (30 Marks)

                    Auditing

                    Audits and Auditor’s Report

Executive Programme

                                               Module I

              Paper 1 : Company Law (100 Marks)

                   Introduction 

                   Incorporation and its Consequences

                   Financial Structure

                   Membership in a Company

                   Management and Control of Companies

                   Investments, Loans and Deposits

                   Accounts and Audit

                   Dividends

                   Registers, Forms and Returns

                   Inspection and Investigation

                   Majority Rule and Minority Rights

                   Merger,  De-merger, Amalgamation, Compromises and Arrangements - An overview

                   Producer Companies

                   Limited Liability partnerships

                   Application of Company law to different sectors

                   Offences and Penalties

                   Compounding of offences

                   Winding up of companies – An overview

                   Striking off name of companies

                  An introduction to E-Governance and XBRL

            Paper 2 : Cost and Management Accounting

                  Introduction to cost and management accounting

                  Material Cost

                  Labour Cost

                  Direct expenses and overheads

                  Activity based costing

                  Cost records

                  Costing systems

                  Marginal costing

                  Standard Costing

                  Budget, Budgeting and Budgetary Control

                  Cost Accounting Records and Cost Audit

                  Analysis and Interpretation of Financial Statements

           Paper 3 : Economic and Commercial Laws (100 Marks)

           PART  A : (70 Marks)

                 Foreign Exchange Management

                 Foreign Trade Policy and Procedures

                 Competition and Consumer Protection

                 Intellectual Property rights

                 Law relating to Arbitration and Conciliation

                 Law relating to Transfer of Property

                 Law relating to Stamps

                 Law relating to Contract

                 Prevention of Money Laundering

          PART  B : (30 Marks)

                Law relating to Essential Commodities, Weights and Measures

                Law relating to Societies

                Law relating to Trusts

                Industries Development and Regulation

                Law relating to Pollution Control and Environmental Protection

                Law relating to Registration of Documents

          Paper  4 : Tax Laws and Practice (100 Marks)

              PART A : Income Tax and Wealth Tax (70 Marks)

               Basics and Definitions – Income Tax Act, 1961

               Income which do not form part of Total Income

               Computation of Total Income under various Heads

               Income of other persons included in assessee’s Total Income

               Taxation of Individuals

               Classification and Tax Incidence on Companies

               Tax Deducted at Source, Tax Collected at Source, Recovery and Refund of Tax

               Assessment Procedure

               Tax Planning and Tax Management

               Wealth Tax Act, 1956

               Basic Concepts of International Taxation

               Transfer Pricing

               General Anti Avoidance Rules (GAAR)

         PART B : Service Tax and Sales Tax (30 Marks)

              An overview of Service Tax 

              An overview of Value Added Tax

                                             Module II

         Paper 5 : Company Accounts and Auditing Practices (100 Marks)

           PART A : Company Accounts (70 Marks)

               Share Capital

               Debentures

               Final Accounts of Companies

               Corporate Restructuring

               Consolidation of Accounts

               Valuation of Shares and Intangible Assets

               Liquidation of Company

               Corporate Financial Reporting

               Accounting Standards

           PART B : Auditing Practices (30 Marks)

              Auditing Concepts

              Types of Company Audit

              Internal Audit

              Internal Control

              Review of Internal Control

              Audit Engagement and Documentation

     Paper 6 : Capital Market and Securities Laws (100 Marks)

           PART A : Capital Market (60 Marks)

             Overview of Capital Market

             Capital Market Instruments and Rating

             Securities Market Intermediaries

             Market Infrastructure Institutions - Stock Exchanges

             Debt Market

             Money Market

             Mutual Funds

             Venture Capital

             Collective Investment Schemes

             Resource Mobilization in International Capital Market

             Indian Depository Receipts

          PART B : Securities Law (40 Marks)

            Securities Contracts (Regulation) Act, 1956
            SEBI Act, 1992

            Depositories Act, 1996

            Issue and Listing of Securities

            Regulatory Framework relating to Securities Market Intermediaries

            An Overview of Law relating to Insider Trading and Takeovers

     Paper 7 : Industrial, Labour And General Laws (100 Marks)

       PART A : Industrial And Labour Laws (70 Marks)

           Factories Act, 1948

           Minimum Wages Act, 1948

           Payment of Wages Act, 1936

           Equal Remuneration Act, 1976

           Employees' State Insurance Act, 1948

           Employees' Provident Funds and Miscellaneous Provisions Act, 1952

           Payment of Bonus Act, 1965

           Payment of Gratuity Act, 1972

           Employees Compensation Act, 1923

           Contract Labour (Regulation and Abolition) Act, 1970

           Maternity Benefit Act,1961

           Child Labour (Prohibition and Regulation) Act, 1986

           Industrial Employment (Standing Orders) Act, 1946

           Industrial Disputes Act, 1947

           Trade Unions Act, 1926

           The Labour Laws Exemption from Furnishing Returns and Maintaining Register by Certain                        Establishments Act, 1988

           Employment Exchanges (Compulsory Notification of Vacancies) Act, 1959

           Apprentices Act, 1961

           Labour Audit covering the above Acts and those Industry specific Acts

   PART B : General Laws (30 Marks)

          Constitution of India

          Interpretation of Statutes

          An Overview of Law relating to Specific Relief; Limitation and Evidence

          Code of Civil Procedure

          Indian Penal Code and Criminal Procedure Code

          Right to Information