Commerce Syllabus For KPSC Gazetted Probationary Examination | KPSC Gazetted Probationay Examination Syllabus 2010
Part I : ACCOUNTING
Accounting equation – concept and conversions generally accepted accounting principles – capital and revenue expenditures and receipts – preparation of the financial statements including statements of sources and application of funds – Partnership accounts including dissolution and piece meal distribution among the partners ‘accounts of non-profit organization – Preparation of account from incomplete records – Company Accounts issue and redemption of shares and debentures Capitalisation of profits and issue of bonus shares – Accounting for depreciation including accelerated methods of providing depreciation inventory valuation and control.
Ratio analisis and interpretation – Ratios relating to short-term liquidity, long term.solvency and profitability- importance of the rate of return on investment (RCI) in evaluating the overall performances of a business entity. Nature and objects of auditing – Balance sheet and Continues audit – Statutory management and operational audits – Auditors working papers internal control and internal audit – Audit of proprietary and partner-ship firms Broad out-lines of the Company audit.
Part- II : BUSINESS ORGANISATION & SECRETARIAL PRACTICE:
Distinctive Features of different forms of Business organisation, Formalities and documents in floating a joint stock Company-Doctrice of indoor management and principle of constructive notice – Type of securities and methods of their issue – Economic functions of the new issues market and Stock exchange – Business combinations – Control of monopoly houses – Problems of modernization of industrial enterprises. Procedure and fmancing of export and import trade – incentives for export promotion Role of the EXIM Bank – Pmciples of insurance, Life, fire and marine. Management Functions: Planning, organizing, staffing, Directing, Co-ordination and control. Organisation Structure: Centralisation and Decentralisation, delegation of authority, span of control, Management objective and management by exception.
OFFICE MANAGEMENT: Scope and principles – systems and routines – Handling of records -office equipment and machine-impace of organization and methods (O &
W). COMPANY SECRETARY: Functions and scope-Appointment qualification and disqualification-Rights, duties and liabilities and company Secretary – Drafting of agenda and minutes.