TNPSC Financial and Cost Accountancy Syllabus

Paper - I

Accounts : Company Accounts - Departmental accounts and Branch accounts, including foreign exchange - Co-operative accounts - Cost Accounts of Industrial undertakings - under special statutes such as Electricity, Water supply, Public works, State Public Sector undertakings etc.


Funds Management : Sources of Capital - Co-operative societies. State financial Corporations, secured and unsecured advances, credit instruments, working capital management - Cash, receivables, stocks and creditors. Fund flow Analysis - Sources and applications.

Auditing : Vouching - Internal Audit and Internal control-Cost Audit and Cost Control - Special Audit - Management Audit - Government and Commercial Audit - Investigation - Duties and Liabilities of Auditors - Tax Audit.

Taxation : Corporate taxation as applicable to Government undertakings, Co-operative societies - tax planning for companies viz. PSUS - personal taxation and Capital gains - assessment.

Commercial Law : Company Law (Formation of Companies - Meetings - Directors) Factories Act - ESI - Gratuity Act Trade Union Act - Industrial Disputes Act - Sale of Goods Act - Negotiable Instrumenrts Act - Bonus Act. Workmen compensation Act - payment of wages Act - Minimum wages Act-Law and practice of Banking.

Paper - II
Management Accountancy : Activity based approaches to management and cost analysis :- Problems of common costs in manufacturing and service industries - Techniques for profit improvement, cost reduction, ratio analysis.

Cost Accountancy : Target osting, cost a ascertainment and pricing of products and services, transfer pricing.

Project appraisal : Use of discounted cash flow: payback and rate of return concepts; replacement theory, abandonment and sensitivity analysis Post Project appraisal and audit.

Variance Accounting : Work measurement and cost engineering; zero base and incremental approaches, standard process costing, mix and yield variances.

Marginal costing, break even analysis, margin of safety, profit - volume -ratio

Management Information systems - Data processing - system design and analysis.