CPE CALENDAR 2012-13
OBLIGATORY TOPICS
ACCOUNTING AND AUDITING
1.
2.
3.
4.
5.
6.
Accounting Standards issued by ICAI
Ind (ASs)
Accounting Standards with Sector-wise / Industry-wise practical presentations
Audit Committee Charter
Audit, Assurance and Quality Standards issued by ICAI
Implementing the Accounting Standards in various Sectors/Industries
(Banking Sector, Real Estate Sector, Insurance Industry etc.): Technical &
Managerial Issues
7. Implementation issues in Auditing Standards, Expectations, and compliance
requirements in general in various sectors/Industries (Banking Sector, Real
Estate Sector, Insurance Industry etc.)
8. US & UK GAAPS
9. Compliance aspects of Standards on Auditing and other mandatory guidelines
issued by ICAI
10. Restatements of Financial Statements under US GAAP and IAS
11. Pronouncements and other documents of ICAI on Accounting and AuditingUS
& UK GAAPs
12. Internal Audit Standards
13. Internal Audit - including Risk Based Internal Audit
14. Internal Audit and Fraud Risk
15. Internal audit –the key to management control
16. Sarbanes Oxley Act
17. Implications of Sarbanes Oxley Act on the Internal Audit
18. Internal Control – including Risk Based Perspective
19. Peer Review – Systems, Procedure and Documentation for Practice Units.
20. Technical Standards under Quality Review
21. Accounting of the Urban Local Bodies
22. Accounting of Co-operative Societies
23. Audit of Small Entities
24. Forensic Accounting and Audit
25. Forensic Accounting: Process and Scope
26. Providing Assurance on Internal Controls
27. Service Tax Audit
28. VAT Audit
29. Issues related to Non-corporate Enterprises and their Auditors
30. Clause 49 & Role of Internal Audit
31. Compliance Aspects of Accounting Standards and other Reporting and
Disclosure Requirements
32. Compliance Aspects of Generally Accepted Accounting Principles in the
Preparation and Presentation of Financial Statements
33. Relationship of Internal Auditor with those charged with Governance
34. Professional Code of Conduct and Business Ethics
1
35. Sustainability Reporting India’s Journey towards Accrual Accounting in
Government
36. Accrual Accounting in Government – its Practical Sides
37. Preparation of financial statements in accrual accounting system
38. Audit in the changed environment of accrual accounting
39. Human Resource and Change Management in implementing Accrual
Accounting System
40. Accounting for Intangible assets and Depreciation in India
41. Recognition of Cost and Revenue of Computer Software
42. Intellectual Capital Reporting – An Overview
43. Fraud Investigation – An Overview
44. Fraud Investigation, Reporting and Prevention
45. Intangible assets – An advent to Internal Audit
46. Environment Audit
47. Study on Off –Balance sheet items
COST & FINANCIAL MANAGEMENT
48. Balanced Scorecard
49. Business Process Improvements
50. Capital Budgeting under Globalised Business Environment
51. Financial Forecasting
52. Cost Management
53. Financial Due-Diligence
54. Financial Instruments
55. Financial Modeling
56. Issues in Cross Border Investments
57. Corporate Financial Reporting
58. Cost Reduction and Cost Control
59. Cost reduction techniques in Resource Mobilization
60. Leveraging Activity-Based Costing to Enhance Enterprise Value
61. Implementing ABC in Manufacturing Environment
62. Value Based Management
63. Total Quality Management
64. Just-in-time approach (JIT)
2
INFORMATION TECHNOLOGY
Workshop on:
- IS Audit of Banks/ Banking Application
- Using CAAT’s/ General Audit Software
- IS Audit of Stock Broker CTCL Facility
- MS-Excel - Tool for Audit
- MS-Excel – Tool for Financial Analysis/ Reporting
- MS-Excel for Financial Management
- Advanced Features & Facilities of MS-Excel
- Network Security Audit/ Review
- Windows XP Security Review
- Windows 2000/ 2003/2007 Security Review
- Data Extraction/ Analysis for Accounting/ Financial Requirements
- Reporting/ Documentation Using MS-Word
- IS Audit/ Review of Core Banking Applications (CBA)
- Information System Audit
65. XBRL extensible Business Reporting Language
66. Certification of Internal Controls – Clause 49/ Sarbanes Oxley Act
67. Accounting Software Security Audit/ Review & Advanced Facilities/ Features
68. Digital Signatures & e-filing (Income Tax/ MCA21)
69. Understanding ERP
70. ERP Implementation/ Testing/ Maintenance
71. COSO, COBIT & Enterprise Resource Planning (ERP)
72. Information Technology Act
73. Emerging IT Challenges & Opportunities
74. Emerging Opportunities in BPO/ KPO Sunrise Sectors
75. IT Best Practices – A Review
76. Computer Assisted Performance Evaluation
77. Management Information Systems (MIS)
78. Technology Management
79. Information Systems- Security and Control
80. Internal Audit – Coping with Emerging IT Risks
81. ERP challenges and solutions
82. Business continuity
83. Email controls
3
DIRECT TAXES
84. Audit under Income Tax Act including Tax Audit – Preparation, Presentation
and Documentation
85. Depreciation: Accounting, Taxation and Company Law issues
86. Accounting vis-à-vis Taxation
87. Payments to the Non-residents – TDS implications under Section 195 of the
Income-tax Act, 1961.
88. Recent judgment/ judgments on Direct Taxes Laws
89. Taxation of Non-residents – Recent Developments
90. Stay, Tax Recovery and other related provisions under the Income-tax Act,
1961.
91. Corporate Taxation
92. Survey, Search and Seizure – Current Developments
93. Minimum Alternate Tax and allied issues
94. Assessment and re-assessment procedures
95. Preparation & presentation of Appeals before the CIT (Appeals) and ITAT
96. Section 69B v. Section 50C of the Income-tax Act
97. TDS/TCS compliances
98. ITR and e-filing of Income-tax Returns – Practical issues (TDS can also be
included)
99. Special provisions for taxation of co-operative/others banks
100. Capital v/s Revenue expenditure
101. Taxation of NPO’s – Concept of Mutuality (including, charitable and
institutional institutions)
102. Taxation aspects of trading in Currency Derivatives
103. Deemed dividend –Section 2(22)(e)
104. Impact of IFRS adoption on taxation
105. Direct Tax Code
106. Interest, penalty and prosecution
107. Settlement Commission
108. Tax issues relating to business structuring
109. Tax issues in heritance and family settlement
110. Tax Holidays
111. Deductions and exemptions under the Income-tax Act, 1961
112. Taxation of HUF
113. Notices and Summons
114. Taxation of Partnership & LLP
115. Principles of Interpretation of tax Statutes/laws
116. Wealth Tax
117. Issues in Capital Gains
118. Merger and demerger
119. Section 14A
120. Deemed income (section 56 and 50C)
4
INDIRECT TAXES
121. Emerging Issues in Indirect Taxation
122. Recent Judgments in Indirect Tax Laws
123. Service Tax – Law and Practice – Basic level
124. Value Added Tax (VAT) – Including State Level VAT
125. Export Import Trade / Customs Valuation Law – Rules & Compliances
126. Reforms of Indian Tax System in the context of GST
127. GST – Principles and Practices
128. Preparing for Goods & Service Tax
129. Refund of Service Tax for Exporters of Goods and Taxation Aspects of Film
Producer
130. Valuation of Taxable Service Under Works Contract Composition Scheme –
Effect of Amendments
131. Business Auxiliary vs. Support Services – Similarities and Differences
International Taxation
132. Service tax – Law and practice – Advanced level
133. Issues in Import of Services: Service tax liability on transfer pricing
adjustments
134. Service Taxation of Real Estate Sector
135. Indirect taxes issues arising from convergence of Indian AS with IFRS
136. CENVAT credit of service tax: Issues and Challenges
137. Selective vs. Comprehensive coverage of services
138. Offences and penalties in service tax
139. Service Tax Appeal Proceedings including Mock Tribunal
140. Service Tax Audit: A management tool to monitor Service Tax Cost and
Compliance
141. Indirect taxes issues arising out of the Finance Bill, 2012
142. Customs & Foreign Trade Policy
143. Central Excise as applicable to Manufacturers
144. Works contract – Impact of Customs, Central Excise, VAT and Service Tax
145. Lease transaction – VAT & Service Tax issues
146. VAT Audit under respective State VAT Laws
147. Point of Taxation Rules
INTERNATIONAL TAXATION
148. Introduction to International Taxation
149. Issues in International Taxation (including NRI Taxation, DTAA, Transfer
Pricing & Taxation in Foreign Countries)
150. Foreign Payments – TDS u/s 195 of the Income Tax Act, 1961.
151. Transfer Pricing
152. Tax Havens
153. FEMA – Rules & Regulations, Inbound & Outbound Investments
154. Cross Border Mergers & Acquisitions
155. Taxation of e-commerce
156. Foreign Collaborations – Including Taxation of Foreign Collaborations
157. Taxation of Permanent Establishments
158. Latest OECD Model and U.N. Model
159. Foreign Direct Investment (FDI)
5
BUSINESS MANAGEMENT
160. Conflict Management
161. Consumer and Organizational Buying Behavior
162. Contract Management – Practical Issues
163. Competitiveness: Concepts and Challenges
164. Commercial Due Diligence
165. Credit Analysis and Credit Management
166. Evaluation of Supplier Strategy: Valuation Framework
167. Management of Change
168. Managing Creativity
169. Managing Employee Redundancy
170. Industrial Relations
171. Strategic Decision - Making
172. Sustainability Development
173. Motivation Techniques
174. Narrative Reporting
175. Knowledge Management
176. Operations Planning and Control
177. Performance Management
178. Effective Time Management
179. Quality Audits
180. Value Added Business Controls - The Right Way to Manage Risk
181. Management Audit
182. Decision Making Under Conditions of Risk and Uncertainty
183. Business Ethics
184. Principles and Topics in Corporate Communications
185. Business Presentations and Audience Analysis
186. Business Sustainability
CORPORATE LAWS
187. Revised Schedule - VI
188. E-forms under MCA - 21
189. MCA-21 – Challenges & Opportunities for the Profession
190. Arbitration Act, 1996
191. Valuation Techniques
192. Mergers and Amalgamations
193. Companies (Auditors' Report) Order (CARO)
194. Auditors’ Report under the Companies Act – Issues on CARO,
Documentation, Reporting and Disclosure Requirements
195. NCLT Law and Practice
196. Limited Liability Partnership Act 2008
197. EXIM Policy and Procedures
198. Micro, Small and Medium Enterprises Development Act, 2006
199. Competition Act and Merger and Acquisition
200. Independent Directors – Liable for Crimes by Companies
201. Limited Liability Partnership Act
6
CODE OF CONDUCT
202. Code of Ethics: Contemporary issues
FINANCE AND CAPITAL MARKET
203. Derivatives: Futures and Options
204. Currency Futures, An Insight
205. Derivatives – Accounting and Taxation
206. OTC Derivatives – A Legal Perspective
207. Sources of Raising Funds
208. Recent Trends in Finance and Capital Market
209. International Finance
210. Role of International Funding Institutes
211. Foreign Direct Investment (FDI) Rules
212. Project Report and Appraisal
213. Project Financing
214. FOREX Management
215. Listing Agreement
216. The Sub-Prime Mortgage Crises: Impact on Asia
217. Electronic Payments and e-Banking in India: An Overview
218. Valuation Practices in emerging Markets: Issues involved in Various Areas
CORPORATE GOVERNANCE
219. Audit Committee and Independent Directors
220. Whistle Blower Policy – Framework
221. Enterprise Governance
222. Role of CAs in Corporate Governance
223. Corporate Governance Rating
224. Corporate Governance Audit
225. Impact of Corporate Governance in Global Development
226. Improve Board Effectiveness through Good Governance
227. Sustainable Development and Global Reporting Index (GRI)
228. Clause 49 & Role of Internal Audit
229. Relationship of Internal Auditor with those charged with Governance
230. Global Warming/Climate Change
231. Corporate Social Responsibility (CSR)
232. Carbon Credit
233. Green Business Practices
234. Triple Bottom Line Profit, People and Planet
235. Triple Bottom Line Economic, Environment & Social
7
INSURANCE AND RISK MANAGEMENT
236. Insurance Survey and Loss Assessment
237. Developments in Pension Fund
238. Anti Money Laundering in Insurance Sector
239. Risk Management
240. Valuation of Insurance Companies
241. Third Party Insurance
242. AS-15 and Actuarial Sciences
243. Product Pricing
PUBLIC FINANCE
244. Fiscal Policy and Economic Growth
245. Public Finance and Public Policy : Responsibilities and Limitations of
Government
246. Public Debt and Economic Planning in India
247. Managing Public Fund – Critical Issues & Implications
248. The politics of Public Budgeting : Getting and spending – borrowing &
balancing
249. Fiscal Prudence and Challenges : A review of Centre and State Linkage
250. Effects of Public Expenditure
251. Railway Finance
252. Taxation Accountability and Realization
253. Public Sector Undertakings in India – A Paradigm Shift
254. Tax Governance – A middle income class agency
255. Economic resurgence of State in India : Capacity and Consent
256. Government Accounting & its Standards
257. Restructuring of Chart of Accounts in Accrual System.
258. Gap analysis of Indian Government Accounting with International Standards
259. Issues & Country practices in accounting for assets, liabilities & nonexchange transactions
260. Accounting Policies, disclosures and other implementation issues.
261. Issues in Government Accounting on Contingent Liabilities
262. Recognition of assets, liabilities, revenue and expenses
263. Issues in Government Accounting on exchange transactions and Inventories
264. Roadmap for transaction to accrual accounting
265. Economic reforms and role of Financial management
266. Financial Reporting System in State Governments
267. Public Audit and Good Governance
268. Administrative reforms for good governance
269. Role of Chartered Accountants in Government Sector/Government
Machinery.
270. International Government Accounting Standards
8
SOFT SKILLS & PERSONALITY DEVELOPMENT
271. Customer Relationship Management
272. Effective representation before Income Tax Authorities
273. Presentation and Communication Skills
274. Economic Slowdown & Financial Crisis
275. Art of Public Speaking
276. Environment Protection
OTHERS
277. Consultancy and Advisory Services
278. Business Advisory Services
279. Right to Information Act
280. Six Sigma
281. Jurisprudence, Interpretation of Law and Evidences Act
282. Money Laundering Risk and Management – including Prevention
283. CA Amendment Act, 2006
284. Merger, Demerger & Networking of CA Firms and Capacity Building
Formation of Management Consultancy Services Companies and LLPs,
Partnership deed and LLP agreement.
285. Art of Drafting Conveyance Deeds
286. Stamp Act
287. Controversy on Taxation of Bandwidth Charges – Solution Goes Begging
288. Time Management for Working People
289. Audit of NBFCs with Special reference to RBI Directions
9
OPTIONAL TOPICS
ACCOUNTING AND AUDITING
290. Audit of Members of Stock Exchanges and other Capital Market
intermediaries
291. Certification under Export and Import Procedures – Role of Chartered
Accountants
292. Accounting, Review and Compliance Audit of Cooperative Societies and
other Government Bodies
293. Accounting Standards for SMEs and Role of Chartered Accountants
294. Accounting and Auditing Issues relating to Charitable Trusts
295. Accounting and Auditing Standards for NGO Sector
296. Audit of Educational Institutions
297. Audit Reports in Public Sector
298. Audit under Sales Tax Laws
299. Bank Audit (Central Statutory Audit and Branch Audit)
300. Insurance Audit
301. Management and Internal Audit
302. Performance Auditing in the Public Sector
303. Stock and Receivables Audit
304. General Ledger processing
305. Bank Reconciliation
306. Production and Service Costing
307. Internal Audit Charter
308. Professional Opportunities in Internal Audit
309. Internal Auditor – Holding on to the Ethics
310. Industry Specific Issues in Internal Audit
311. Risk Based Internal Audit in Banks
312. Basel II and the Internal Audit
313. Activity Based Costing
CORPORATE LAWS
314. Information Technology Act & Cyber Frauds
315. Investor Protection & Minority Interest
316. Asset Reconstruction Companies
317. Mutual Funds – Constitution, Running and Compliances
318. Sarbanes Oxley Act, 2002 & Clause 49 of the Listing Agreement
319. Companies Bill, 2008
320. Restructuring & Liquidation
321. Related Party Transactions – Procedures, Compliances and Corporate Best
Practices
322. Classification & Registration of Companies
323. Management & Board Governance
324. Exchangeable Bonds
325. Foreign Trade Policy
326. Foreign Direct Investment (FDI) - Policy & Prospective
10
327. Due Diligence Exercises
328. Private Equity – Scope and Methodology
329. Initial Public Offer (IPO) - Law and Procedures
330. Foreign Contribution (Regulation) Act
331. Mergers and Acquisitions - corporate law and procedure
332. Mergers and Acquisitions - Strategic issues (Management issues and role of
CAs as Advisor)
333. Valuation of Shares
334. Valuation of Business
335. Winding Up of Companies
336. How to undertake Capital Restructuring
337. Shareholder’s Agreement
338. How to draft Articles of Association
339. Joint Venture Agreements
340. Takeover of Companies/Shares
341. Estate Planning
342. Succession Planning
343. Corporate Succession Planning
344. Corporate Affairs Best Practices
345. Concept of Special Purpose Vehicles
346. Role of Escrow Accounts in Business Agreements
347. Drafting of Business Agreements
348. Drafting of Will - Legal Issues
349. Impact of Hindu Succession Act on Corporate Succession
350. Latest Amendments in Indian Succession Act
351. An in-depth overview of Labour Law compliances
352. Provident Fund Act – An overview
353. E.S.I. – Law, advantages to employees, compliances by employers
354. Bonus Act - Responsibilities of Employers - Role of Auditors/CAs in
Certification of Available Surplus/Allocable Surplus
355. SARFAESI Act - Law, Case Laws and Current Issues
356. Concept of Participatory Notes
357. Concept of Reverse Mortgage
358. Reverse Mortgage: A Walking Stick at Old Age
359. Benefits of incorporating Corporate Structures outside India – Country
Specific
360. Competition Law and Policy
361. FEMA – Rules & Regulations, Inbound & Outbound investments
362. Capital Markets – SEBI Regulations & IPO Issues
363. Practical Arbitrator – An Overview
364. Maxim of Interpretation
365. Social Security for Unorganized Sector – New Pension Scheme
366. Changing Spectrum of the Social Security Law in India
11
FINANCIAL MANAGEMENT
367. Assessing Risk in Public Sector
368. Asset Liability Management
369. Credit Risk Management in Banks
370. New Investment Strategies
371. Reserve Bank of India Guidelines on External Commercial Borrowings and
Investment Abroad
372. Developments in Indian Capital Markets: Primary Markets and Secondary
Markets
373. Financial Restructuring / Re-engineering and Financial Reporting
374. Restructuring of NPA Account
375. Valuation of Enterprise – Methods used and its relative Importance
376. Commodity Market
377. Technical Analysis of Share Market
378. Business Planning
379. Internal Audit and Business Continuity Planning
380. Corporate Restructuring
381. Value for Money Audit – Is it different from Internal Audit?
382. Internal Audit and Disaster Recovery Planning Future Trend and Challenges
in Indian Banking – A Fresh Look
383. Open Offer: What and How
TAXATION
384. Tax Planning
385. Penalties under Direct Tax Laws Pt. 105)
386. Law and Practice of Appellate proceedings
387. Representing a Case Before Appellate Authorities under Income Tax – with
Mock Tribunals
388. Union Budget (Not Public Meetings)
389. Annual Budget Setting and Forecasting
390. Industrial Park Scheme, 2008
391. Indian Federal Finance
392. Taxation of real estate transactions
393. Taxation of Charitable Trusts
394. Taxation of HUF and Family arrangements
395. Money Laundering and Taxation
396. Direct Taxes issues arising in the following Industries:
- Media and Entertainment
- Hospitality
- Banking and Financial Services
- Retail
- Software
12
WORLD TRADE ORGANISATION
397. Foreign Trade Policy
398. Special Economic Zones
399. Emerging Professional Opportunities in the WTO Regime
400. Anti-subsidy and Anti Dumping – Law and practice
401. General Agreement on Trade in Services (GATS) – Issues for Accounting
Profession
402. International Trade Laws
403. Issues relating to TRIMS
404. Trade Related Aspects of Intellectual Property Rights – Role of Chartered
Accountants
405. International Commercial Arbitration
406. Trade Remedies
407. 100% Export Oriented Units (EOU)
408. Export of Services
409. Business Process Outsourcing
410. Knowledge Process Outsourcing
411. Intellectual Property Rights
412. Intellectual Property Valuations
413. Competition Law
414. Free Trade Agreements / Regional Trade Agreements / Preferential Trade
Agreements
415. Destination India
416. Carbon Trading
INSURANCE AND RISK MANAGEMENT
417. Detection and Prevention of Insurance Fraud
418. Audit of Entities involved in Life Insurance Business
419. Audit of Entities involved in General Insurance Business
420. Insurance Broking
421. Agricultural Insurance
422. Risk Management - Its Essentials and Process
423. Financial Risk Management
424. Accounting Issues for Entities involved in Life Insurance Business
425. Accounting Issues for Entities involved in General Insurance Business
426. Reinsurance Market, Special Areas of Reinsurance
427. Inward Reinsurance
428. Reinsurance Practice
429. Reinsurance Administration
430. Urban Insurance Issues
431. BPO and Life Insurance Business
432. BPO and General Insurance Business
433. Information Technology and Life Insurance Business
434. Information Technology and General Insurance Business
435. Engineering Insurance
436. Management Audit of Insurance Companies – Life Insurance
437. Management Audit of Insurance Companies – General Insurance
438. Total Quality Management (TQM) in Life Insurance Industry
13
439. Total Quality Management (TQM) in General Insurance Industry
440. Issues and Perspectives on Bank Assurance [covering basics, accounting,
auditing and other compliance issues]
441. Insurance Arbitration
442. Third Party Claims Management
443. Enterprise Risk Management (including maintenance of risk management
systems and processes)
444. Terrorism Risk Insurance
445. Asset Liability Management in Life Insurance Business
446. Asset Liability Management in General Insurance Business
447. Exchange Control & Taxation in General Insurance Business
448. Exchange Control & Taxation in Life Insurance Business
OTHERS
449. Arbitration and Alternative Dispute Resolution
450. Issues and Cases relating to Unjustified Removal of Auditors and
Independence of Auditors
451. Application of Code of Ethics in Disciplinary Administration
452. LLP s and Multi-disciplinary partnerships
453. Corporate Governance and Code of Ethics
454. Insolvency Laws: Role of Chartered Accountants
455. ISO Certification
456. Risk Management and Loss Assessment
457. Supply Chain Management
458. Material requirement Planning (MRP-I & MRP-II)
459. Works Contract - Tax Implications
460. CA: Adding Value to Economic Growth
461. Right to Information Act
462. Limited Liability Partnership
463. Workers Compensation
464. Introduction to Energy Insurance
465. Actuarial Reports in Compliance with IAS19 – Issues
466. Regulatory framework for Retirement Benefits – Current Issues in India
467. Actuarial Reports under AS 15 (Revised, 2005)
468. Recent International Developments in Employee Benefits; Accounting,
Auditing and Taxation Issues
469. Software Technology Parks (STP), Electronic Hardware Technology Parks
(EHTP)
470. Advisory and related services to State and Central Government
471. Academic / Research Opportunities
472. Treasury and Cash Management
473. Cash Flow Forecasting
474. Preparation of operational and Capital Expenditure Budgets
475. Capital Gains – Including Tax Planning for Capital Gains
476. Depository System / Dematerialization
477. Strategic Management of Venture Capital
478. Corporate Debt Market
479. Evolving Role of Chief Financial Officer (CFO)
480. Strategic Planning
14
481. Environmental Accounting
482. Recovery Management of NPAs
483. Regulatory Developments in Countries Abroad
484. Urban Planning and Environment
485. World Economic Development and Investment Planning
486. Foreign Reserves
487. Value Analysis
488. Role of Chartered Accountants in Banking Sector
489. How to Move to Next Orbit of Professional Practice
490. Financial Modeling: An Opportunity for CAs
491. Regional Trade Agreements: Road Ahead for Agricultural Sector
492. The Global Demand for Enterprise Risk Managers and the Emergence of
the Risk Intelligent Entity.
15