Here is the Syllabus . .
Final Accounts of Banking Company
Legal provision in Banking Regulation Act, 1949 relating to Accounts.
Statutory reserves including Cash Reserve and Statutory Liquidity Ratio.
Bill purchase and discounted, rebate of bill discounted.
Final Accounts in prescribed form
Non – performing assets and Income from non – performing assets.
Classification of Advances, standard, sub – standard, doubtful and provisioning requirement.
Final Accounts of Insurance Company (Excl. Life Insurance)
General Insurance – Various types of insurance, like fire, marine, Miscellaneous,
Special terms like premium, claims, commission, Management expenses, Reserve for unexpired risk, reinsurance
Final Accounts in a prescribed form. Revenue Statement – Form B – RA, Profit / Loss Account – Form B – PL and Balance Sheet Form B – BS.
Investment Accounting (w.r.t. Accounting Standard- 13)
For shares (variable income bearing securities)
For debentures/Preference. shares (fixed income bearing securities)
Accounting for transactions of purchase and sale of investments with ex and cum interest prices and finding cost of investment sold and carrying cost as per weighted average method (Excl. brokerage).
Columnar format for investment account.
Accounting of Transactions of Foreign Currency
In relation to purchase and sale of goods, services and assets and loan and credit transactions.
Computation and treatment of exchange rate differences
Accounting for Limited Liability Partnership
Statutory provisions
Conversion of partnership business into Limited Liability Partnership
Final accounts
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