AFTER COMPLETION OF 10+2 COMMERCE STUDENTS
HAS THREE CAREER OPTIONS… TO GO WITH..
DEGREE COURSE - B.COM, LLB..(which only provides academic knowledge)
PROFESSIONAL COURSE- CA,CS,CWA.
PROFESSIONAL DEGREE COURSE-BBA,BBE,BBM,BFIA, etc.
IS DEGREE COURSE SUFFICIENT?
“NO”
In today’s era simply academic knowledge wont serve & there is need for …..which becomes your
“USP” in the Industry.
PROFESSIONAL COURSE
Academic + In-depth
& Expertise Knowledge
Intensive Training
Chartered Accountant expertise in finance & taxation.
CWA:-Cost And Works Accountant now known as (CMA) Cost & Management Accountant, who takes care of Cost Audit, Stock Audit, Cost Consultancy, Central Excise Audit, etc..
Who is a CS ?? & INTRODUCTION OF (ICSI)
Definition of CS:-“Company secretary” or “secretary” means a company secretary as defined in clause (c) of sub-section (1) of section 2 of the Company Secretaries Act, 1980 who is appointed by a company to perform the functions of a company secretary under this Act.
Definition of CS in Practice:-
“Company secretary in practice” means a company secretary who is deemed to be in practice under sub-section (2) of section 2 of the Company Secretaries Act, 1980, and who has obtained a Certificate of Practice from ICSI.
Definition of Expert:-
“Expert” includes an engineer, a valuer , a chartered accountant, a company secretary, a cost accountant and any other person who has the power or authority to issue a certificate in pursuance of any law for the time being in force.
Definition of Key Managerial Personnel:-
“Key managerial personnel”, in relation to a company, means—
(i) the Chief Executive Officer or the managing director or the manager;
(ii) the company secretary;(iii) the Chief Financial Officer if the Board of
Directors appoints him; and
(iv) such other officer as may be prescribed.
ROLE of CS :-• Incorporation:
means the birth of Company.
• Arrangement of Funds:
ISSUE
PUBLIC ISSUE
RIGHT ISSUE
BONUS ISSUE
PRIVATE PLACEMENT
I.P.O.
F.P.O.
Q.I.P.
PREFRENTIAL ISSUE
EXISTING SHAREHOLDERS
• Legal Advisor:
Takes the charge of all legal formalities and issues.
• Compliance Officer :
ensuring that all the rules and regulations are followed by the Company & Board. .
• C.S of a Company:
Companies with paid up capital of
Rs. 5 Crore or more are compulsorily
required to appoint a whole time C.S
+
Companies seeking listing on stock exchange needs to appoint a whole time C.S
Decisions related to finance and further expansions, growth of the company.
Strategic Decision Making
Tax and Financial Guidance : Corporate Tax Planning Capital Structure Decisions Financial Management, etc.
• Ensuring Good Governance :
Vision of ICSI – “ to be global leader in promoting good corporate governance.”
Mission of ICSI - “ to develop the high calibre professionals facilitating good corporate governance.”
C.S is the only professional with expertise in SEBI
Listing Agreement Compliance
Applicable for listed companiesListing Agreement Clauses
Valuer :• Valuation of own company• Valuation of other company• Takeovers• Mergers• Valuation for acquiring further capital• Impact of Debt etc.• Mode
Corporate Actions: Bonus Right Issue Dividend Stock Split, etc.
Mergers & Amalgamation :• Fusion of two or more Companies• When one Company consolidates with others• Conducting Meetings• Obtaining Approvals• Valuation of Shares
Demergers :
Splitting of a company in two or more companies
• Tax Considerations
• Valuations
• Approvals from Court
• Shareholders Meeting
Takeovers :
• Listed Companies acquiring other Listed Companies
• SEBI Takeover Regulations
• SEBI Compliances
• When ?• How ?
• Why ?• Payment of Consideration
• Due Diligence Report
• Manager to issue as Merchant Banker
Labour & Industrial Law:• Factories Act• Bonus Act• Minimum Wages Act• Provident Fund• Gratuity• Liaison between Management and Labour
Investors Grievances :
• Shareholders
• Debenture Holders
• Issues faced by them
• Dividend• Share Certificate
Due- Diligence & Compliance Certificate :
(i) Companies with paid up capital more than Rs.10 L but less than Rs. 5 Crore needs to obtain a compliance certificate from a Practicing Company Secretary.
(ii) Banks, Listed companies needs Due Diligence Reports from Practicing C.S
Revival of Sick Companies :
BIFR – Board of Industrial & Finance Reconstruction
Sick Companies- who have eroded their net worth
Company Secretaries are also appointed for the revival of such sick companies.
Winding Up and Dissolution Of Companies :
means the death of a Company..
COMPANY SECRETARY
3 LEVELS
FOUNDATION
EXECUTIVE
PROFESSIONAL
COURSE COVERAGECS FOUNDATION PROGRAMME
PAPER- 1 BUSINESS ENVIRONMENT AND ENTREPRENUERSHIP
PAPER- 2 BUSINESS MANAGEMENT , ETHICS AND COMMUNICATION
PAPER – 3 BUSINESS ECONOMICS AND STATISTICS
PAPER – 4 FUNDAMENTALS OF ACCOUNTING AND AUDITING
CS EXECUTIVE PROGRAMME
MODULE 1 MODULE 2
1. Company Law
2. Economic & Commercial Laws
3.Cost & Management Accounting
4. Tax Laws & Practices
5. Company Accounts & Auditing Practices
6. Capital Market & Securities Laws
7. Industrial Labour & General Laws
CS PROFESSIONAL PROGRAMME
PAPER 1 : COMPANY SECRETARIAL PRACTICE
PAPER 2: DRAFTING , APPEARANCES AND PLEADINGS
PAPER 3 : FINANCIAL , TREASURY AND FOREX MANAGEMENT
PAPER 4 : CORPORATE RESTRUCTURING AND INSOLVENCY
PAPER 5 : STRATEGIC MANAGEMENT, ALLIANCES AND INTERNATIONAL TRADE
PAPER 6 :ADVANCED TAX LAWS(DIRECT TAX,INDIRECT TAX And INTERNATIONAL TAX) AND PRACTICE
PAPER 7: DUE DILIGENCE AND CORPORATE COMPLIANCE MANAGEMENT
PAPER 8 : GOVERNANCE, BUSINESS ETHICS AND SUSTAINABILITY
PROFESSIONAL PROGRAMME NEW SYLLABUS
MODULE 1
MODULE 2
1. Advanced Company Law And Practice
2. Secretarial Audit, Compliance Management And Due Diligence
3. Corporate Restructuring, Valuation & Insolvency
4. Information Technology and System Audit
5. Financial, Treasury and Forex Management
6. Ethics, Governance and Sustainability
MODULE 3
7. Advanced Tax Laws and Practice8. Drafting, Appearance and Pleadings9. Elective 1 out of below 5 Subjects
9.1 – Banking Law & Practice 9.2- Capital, Commodity& Money Market 9.3 – Insurance Law & Practice 9.4- Intellectual Property Rights- Law & Practice 9.5- International Business Laws & Practices
CS EXAMINATIONS
JUNE DECEMBERRESULTS
25TH AUGUST 25TH FEBRUARY
training
15 months internship under CS/Company
Student Induction Programme – 7 daysComputer Training – 25 daysExecutive Development programme – 7
daysMSOP – 15 days
Options after CS :-
Employment
Practice
Consultancy
Consultancy:
I. Merchant Banking
II. Project Financing
III. Valuer
IV. Company Law
V. Taxation
VI. Debt Syndication
VII. NCLT
Scope & Prospect of CS in GUWAHATI & North East
• Guwahati is a budding Tier II city. • Corporates exploring North East & Guwahati is the Gateway…
If you want to succeed in this World ..you must make your own opportunities as you go….
THANK YOU…
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