Paper 5 : Advanced Accounting (Maximum 100 marks)
It Covers AS - 7, 9, 14, 18, 19, 20, 24, 26, 29, Different Guidance Notes issued
by ICAI, Company Accounts (Special Aspects), Re-organization of Companies, Financial
Reporting of Banking, Financial Services & Insurance (BFSI), Valuation of Goodwill,
Consolidated Financial Statements.
Paper 6 : Auditing & Assurance (Maximum 100 marks)
To understand the Nature, objective and scope of Audit, Auditing Concepts, Standard
setting process, Engagement Standards, Audit Strategy, Audit Planning and Audit
Programme, Audit Documentation and Audit Evidence, Risk Assessment and Internet
Control, Fraud & Responsibilities of the Auditor, Audit in an Automated Environment
Audit Sampling, Analytical Procedures, Audit of items of Financial Statements, the
Company Audit, Audit Report, Audit of Banks, Audit of different types of Entities.
Paper 7 : Enterprise information Systems & Strategic Managment (Maximum 100 marks)
This paper has been divided into two parts :
Part I : Enterprise Information System (50 Marks)
It Covers basic understanding
of technology enabled Information System and their impact on enterprise wide processes,
risks & Controls and other Aspects like Automated Business Processes, Financial
& Accounting Systems, Information system & its Components, E-Commerce, M-Commerce,
etc.
Part II : Strategic Management (50 Marks)
It includes Introduction to Strategic
Management, Dynamics of Competitive Strategy, Strategic Management processes, Corporate
level Strategies & other Different Strategies, Strategy Implementation & Control.
Paper 8 : Financial Management & Economics for Finance(Maximum 100 marks)
This paper has been divided into two sections :
Section A : Financial Management (60 Marks)
It includes basic knowledge of
Financial Management Functions, Financial Analysis through Ratios, Financial decisions
regarding sources of finance, lease financing, cost of capital, Capital Structure
decisions and leverages etc.
Section B : Economic for Finance (40 Marks)
It includes basic knowledge of
Public Finance, the money market, the international trade and some important concepts
regarding determination of national income.