www.icmai.in CAT 2012 Syllabus Certificate in Accounting Technicians : The Institute of Cost Accountants of India

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Name of the Organisation : The Institute of Cost Accountants of India (icmai.in)
Type of Announcement : Syllabus
Designation : CAT 2012

CAT Syllabus 2012 : http://www.icmai.in/upload/Institute...tification.pdf
Home Page : http://icmai.in/detail/updates/256

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Summary of the Course :
Foundation Course (Entry Level) Part-I
Paper I : Fundamentals of Financial Accounting
Paper II Applied Business and Industrial Laws
Paper III Financial Accounting - 2
Paper IV : Statutory Compliance

Delivery Strategy :
Class Room oral coaching
Learning Strategy :
Class Room Learning
On-line/off-line self paced studies
ASSESSMENT STRATEGY :
On line/off line periodical self-assessment
Course end examination- Multiple Choice Questions
To be answered in OMR answer sheets/on-line

Competency Level (Part-II)
(A) Fundamentals of computers
(B) Filing of statutory returns
(C ) Introduction to costing principles and preparation of cost statements
(D) 5-days Orientation Programme

Paper I : Fundamentals of Financial Accounting
OBJECTIVES : To provide an insight into the fundamentals of financial accounting and its principles.
Learning Aims :
The Syllabus aims to test the student’s ability to:

Understand and explain the conceptual framework of Accounting

Prepare Accounts for various entities under different situations
Skill set required :
Level A : Requiring the skill levels of knowledge and comprehension
CONTENTS :
Fundamentals of Financial Accounting-(Accounting Paper I)
1. Process of Accounting
2. Reconciliation Statement
3. Accounting for Depreciation
4. Preparation of Final Accounts
5. Accounting for Special Transactions
6. Cash and Fund Flow Statements
Section A : Fundamentals of Financial Accounting
1. Process of Accounting
(a) Basic Accounting Formulas and Accounting Terminologies
CAT CAT CAT SYLLABUS 2012 SYLLABUS 2012 SYLLABUS 2012 SYLLABUS 2012
THE INSTITUTE OF COST ACCOUNTANTS OF INDIA (STATUTORY BODY UNDER AN AC OF PARLIAMENT) Page 5
(b) Capital and Revenue transactions- capital and revenue expenditures, capital and revenue receipts
(c) Measurement, Valuation and Accounting estimates
(d) Double entry system, Books of prime entry, Subsidiary Books
(e) Recording of Cash and Bank transactions
(f) Voucher preparations
(g) Preparation of Ledger Accounts
(h) Preparation of Trial Balance- interpretation and usefulness
(i) Rectification of Errors
2. Reconciliation Statements
(a) Bank Reconciliation Statement
(b) Receivables / Payables Reconciliation Statement
3. Accounting for Depreciation
Methods, computation and Accounting treatment
4. Preparation of Final Accounts
(a) Of a Profit making concern ( for sole proprietorship concern and partnership firm only)
(i) Preparation of Trading Account, Profit & Loss Account and Balance Sheet
(ii) Accounting treatment of bad debts, reserve for bad and doubtful debts, provision for discount on
debtors and provision for discount on creditors
(b) Of a Not-for- Profit making concern
(i) Preparation of Receipts and Payments Account;
(ii) Preparation of Income and Expenditure Account
(iii) Preparation of Balance Sheet
5. Accounting for Special Transactions
(a) Bills of Exchange
(b) Consignment
(c) Joint Venture
(d) Sale of goods on approval or return basis
6. Cash and Fund Flow Statements

Paper II : Applied Business and Industrial Laws
Syllabus Structure
OBJECTIVES :
To gain basic knowledge in Laws and Ethics to understand the concepts of legal compliance requirements from entry level executives.
Learning Aims
The syllabus aims to test the student’s ability to :

Acquire adequate knowledge of the basic concepts of laws

Understand the basic knowledge of legalcompliance and requirements
Skill sets required :
Level A : Requiring the skill levels of knowledge and comprehension
Note : Subjects related to applicable statutes shall be read with amendments made from time to time.
Section A : Fundamentals of Applied Commercial 70%
1. Laws of Contracts
2. Laws relating to Sale of Goods
3. Banking Laws and operations
4. Partnership Act & Limited Liability Partnership
Section B : Fundamentals of Applied Industrial 30%
5. Factories Act,1948 & Shop Act
6. Payment of Wages Act, 1936 and Minimum Wages Act,1948
7. The Employees’ State Insurance Act, 1948
8. Provident Fund Act
9. Payment of Bonus Act
10. Payment Gratuity Act

Section A : Fundamentals of Applied Commercial Laws [70 marks]
1. Laws of Contracts
(a) Essential elements of a contract, offer and acceptance
(b) Void and voidable agreements
(c) Consideration, legality of object and consideration
(d) Capacity of Parties, free consent
(e) Quasi-contracts, contingent contracts, termination or discharge of contracts
2. Laws relating to Sale of Goods
(a) Definition
(b) Transfer of ownership
(c) Performance of the Contract of Sale
3. Banking Laws and operations
(a) Basics of Banking laws and regulations
(b) Concept of working capital and term funds
(c) Acceptance and negotiation
(d) Rights and liabilities of Parties
(e) Dishonor of a Negotiable Instrument
(f) Banking procedures and negotiable instruments
4. (I) Partnership Act
a. Nature of Partnership
b. Rights and Liabilities of Partners
c. Dissolution of Firms
(II) Limited Liability Partnership
a. Features
b. Difference between Partnership and LLPs
c. Difference between LLPs and Companies

Section B : Fundamentals of Industrial Laws [30 marks]
5. Factories Act,1948 & Shop Act
(a) Objective, Scope
(b) Applicability of Factories Act,1948
6. Payment of Wages Act, 1936 and Minimum Wages Act,1948
(a) Objective , Scope
(b) Applicability of Payment of Wages Act, 1936 and Minimum Wages Act,1948
7. The Employees’ State Insurance Act, 1948
a) Objective, scope
b) Applicability of ESI Act, 1948
8. Provident Fund Act
a) Objective, scope
b) Applicability of PF Act
9. Payment of Bonus Act
a) Objective, scope
b) Applicability of Bonus Act
10. Payment of Gratuity Act
a) Objective, scope
b) Applicability of Gratuity Act, 1948

More Details : Refer the PDF Link

[Guest]

Where can I get the full syllabus?

You can get the CAT syllabus form the above given PDF file.

[Guest]

How to apply for CAT exam and when they are going to be held?

You can get the application details for CAT in the below link
http://icmai.in/cat

[Guest]

This is RAVINDRA BABU. I am B.Sc., aged 61,a retired person. Am i eligible to apply? Shall I have to take coaching at any recognized centre. I reside at Hyderabad. Any advantages of getting this certificate. After obtaining this certificate. Am I eligible to apply for ICWAI INTER?

@Ravindra Babu:
Eligibility :
The Students who have passed/appearing 12th (10+2) examination are eligible to take admission in Foundation (Entry Level) Part-I of CAT Course.

For More Details

[Unregistered]

When the result will be come of 22-2-2015 cat foundation exam.?