Regional Training Institute,Ranchi

Course Contents :

 

COURSE CONTENTS
General Courses

 

Course Title  : Audit of Contracts and MOUs
Duration         : 3 days


DAY

TOPIC

Day-1

Contract procedures in Government Department and Commercial Undertakings. Guidelines of DietY on DMEP, Key points to be looked into.

Procurement, E-Procurement, Execution and Material Management. General and Special Conditions of Contracts, pre order tie-up and MOUs

Day-2

Audit of pre-requisite earnest money/security deposit, Bank guarantee. Preparation of NIT-poor NIT, unfair conditions of contract, , Inspection of work

Contract and Purchase procedure followed in Department of Railways and points to be seen in Audit. Case Studies

Day-3

Planning and Execution of Contract Audit- Key issues to be looked into in audit

Salient features of contract in Works Audit., Advance payment, measurement Book- its importance Points to be seen while auditing Works Contract and case studies discussion
Evaluation and Valediction

Course Title: Various Types of Suspense and Remittances, its operation procedure and Clearance, Preparation of Review of Balances, Preparation of monthly and Accounts at a glance. Maintenance of Broadsheet relating to DDR & Suspense Heads
Duration :      5 days

DAY

TOPIC

Day-1

Introduction to Suspense & Remittance A/Cs applicable in Government System of Accounting, Suspense & Remittance A/Cs Meaning and variation  

Significance of Public Accounts and DDR Heads in Government Accounting and Problems in Managing Public Accounts and DDR Heads

Day-2

Operation Procedure and Clearance of 8658-Suspense Accounts
101- P.A.O Suspense, 102- O.B. Suspense, 102-Treassury Suspense & 102 Suspense Account (Civil) other Circle Accounts.

Operation Procedure and Clearance of 8658- Suspense Accounts
109- Reserve Bank Suspense (Headquarter), 110-R.B. Suspense(C.A.O), 111- D.A.A. Suspense
112-T.D.S. Suspense, 113- Provident Fund Suspense
123- All India Services Officers Group Insurance Scheme Suspense
Operation procedure & clearance of 8782 Remittance Heads

Day-3

Maintenance of Suspense & Remittance Broadsheets. Review of Balances and Adverse Balances in Public Accounts and its effect in Finance Accounts.

Accounting operations of all Inter-Government transactions with monetary adjustments through R.B.I Advice Procedure and Cash Settlement System,
PIL Deduction & Interest Warrant – Practical Exercises

Day-4

Deposit Accounts, Types of Deposits, Records maintained in the Treasury for Accounting of Deposits, Lapses of Deposit

Personal Deposits/Personal Ledger Accounts, Different Kinds of Personal Deposits, Role of AG in opening of Personal Deposit Accounts

Day-5

Accounting Procedure of Personal Deposits/Personal Ledger Accounts
Adverse Balance in Personal Deposit Accounts and clearance of Adverse Balance
Case Study on Review of Balances on Suspense & Remittance Accounts

Significance of Ethics & Values in public Governance and code of ethics in IA & AD
Evaluation
Valediction

Course Title         : Workshop on Audit Reporting.
Duration   : 3 days


DAY

TOPICS

Day-1

Introduction to Audit Reporting , Qualities of Good Reporting

Components of an audit paragraph
Focuses on components of a paragraph in a report.

Day-2

Link between Audit Objectives and Audit Findings ,
Emphasis is on the linkage between audit objectives identified at the planning stage and the audit report.

Compliance Audit Reports- reporting requirements as envisaged in ISSAI 4100
Reporting Compliance Audit as per CAG Compliance Audit Guidelines issued in Feb 2016

Day-3

Audit Report – Language and Structure. Exercises

  • sequencing audit findings and structuring an audit paragraph
  • common pitfalls in the language used in audit reports

Style Guide for writing Reports. Evaluation and Valediction

1.   Course Title   : Statistics & Sampling in Audit with Risk based Audit Approach.
2.   Duration         : 05 days


Day

Topics

Day-1

Inauguration, Descriptive Statistics:

  • What is data? (Qualitative vs. Quantitative data),
  • What is an Attribute?
  •  Frequency distribution of data. Concept of random variable
  •  Measure of Central Tendency (Mean, Median and Mode): Concept, measure & applicability.
  •  Measure of Dispersion (Range, Standard Deviation & Coefficient of variation): concept, measure & applicability

Classical definition of probability: Concepts with examples
Probability distribution (Binomial, Poisson & Normal Distribution): Concepts & Applicability

Day-2

Statistical Sampling:

  • What is Statistical Sampling? Advantages of Statistical sampling.
  •  What is a Random Number Table? Its relevance in statistical sampling and concept of sampling frame.
  •  Different techniques of statistical sampling
  • Methodology of drawing samples using SRS & Systematic (both Linear Systematic and Circular Systematic) using a Random Number Table
  • Estimation formulae for estimation of population average, total and proportion of an attribute and corresponding estimation of standard errors: (Only the formulae to be stated, without proof). Demonstration with various examples

 

Statistical Sampling (contd.):

  • Probability Proportional to size (PPS) sampling: concept, definition & applicability
  • Different techniques of drawing samples for PPS design (Cumulative Total method, Prof. Lahiri's method of drawing samples.)
  • Estimation formulae for estimation of population average, total and corresponding estimation of standard errors & concept of multiplier in sampling. (Only the formulae to be stated without proof)
  • Problems on selection of samples and evaluation of few characters of interest using SRSWR, SRSWOR

 

Day-3

Statistical Sampling (Contd.):

  • Stratification in sampling, -Stratification vs. Cluster sampling, Advantages of stratification, Estimation formulae under stratification
  •  Multistage Statistical sampling with particular reference to two-stage sampling: concepts & applicability
  • Estimation formulae using two-stage design
  •  1st stage as PPSWR and the 2nd Stage as SRSWOR
  •  SRSWOR in both the stages

Case Studies using statistical sampling methods in Performance Audit carried at Union level.
Case Studies using statistical sampling methods in Performance Audit carried at State level.

Day-4

Using Excel/IDEA package to demonstrate different Statistical Audit Sampling techniques using live data and interpret the statistics to draw conclusions.
Practical

Monetary Unit Sampling (MUS) & demonstration of planning and selection of samples using IDEA.
Practical example of selection of samples using IDEA-MUS.

Day-5

Risk assessment & sampling in audit
1 Risk based analysis & the risk model in audit.
2 Risk perceptions as input to statistical sampling.

Significance of Ethics & Values in public Governance and code of ethics in
IA & AD
Test, Evaluation and Valediction

 


 

Course Title         : Audit of Urban Local Bodies & Autonomous Bodies
Duration   : 03 days


DAY

TOPIC

Day 1

Introduction to legal framework for the audit of Autonomous Bodies.
Constitution and Organization of ULBs and Powers and Functions of ULBs

Audit of Municipal Funds, Special Funds, Grants, Budget and audit points

Day 2

Listing of Assets and liabilities

Salient features of Uniform format of accounts-Specific focus on Receipt & Payment Account and Income and Expenditure Account

Day 3

Certification of Accounts- Analysis of Balance Sheet, Preparation of SAR and Audit Issues.

Internal Control. Duties and Powers of Auditor and Auditing Standards issued by C&AG. Discussion on Important observations raised in Audit Reports of Different States

 

Course Title         : Treasury Inspection including IT Audit of Treasuries
Duration   : 5 days


DAY

TOPIC

Day-1

Overview of Functioning of Treasuries, Duties and Responsibilities of Treasury Officer and D.D.Os.

Role of Treasury in Budgetary Control of the State, Control by Treasury Officer  with  reference to Budget of D.D.Os.  

Day-2

Internal Controls and Registers maintained in Treasury.

Planning a Treasury Inspection and Areas of Focus.

Day-3

Interesting cases noticed during Treasury Inspection Report, Drafting Treasury Inspection Report

Reporting Results of Inspection and Common Irregularities at Treasuries, Case studies of Treasury Inspection Report.

Day-4

Information Technology (IT) Audit of Treasuries- General Controls, Application Controls,

 

Security and End User Computing Controls, Use of Computer, Assisted Audit Techniques (CAAT)

Day-5

Understanding the Accounting System Software of the State- Jharkhand, Evidence Collection and Evaluation.

 

Significance of Ethics and Values in Public Governance, Code of Ethics for IA&AD, Test Evaluation and Valediction

Day-6

 

 Course Title        : Goods and Service Tax
Duration               : 05 days

DAY

TOPICS

Day-1

Introduction to GST
Overview of GST

Registration Provisions

Day-2

Levy and Exemption from Tax
Filing of Returns

Overview of IGST (IGST Law)
Transitional Provisions

Day-3

Supply (Meaning, Scope, Time, Place& Valuation of Supply)

Input Tax Credit and Cross Utilization of Taxes

Day-4

Payment of Tax under GST
Refund of Taxes under GST

GSTN: salient features
Frontend Business Process on GSTN


Day-5

GST Accounting

Role of CAG in Audit under GST regime
Test and Valediction

 

Course Title            : Audit of Vouchers with practical training in IDEA for VLC Data, Accounting and reporting of AC-DC bills, Grant-in-aid & its Utilization Certificates
Duration                  : 03 days

DAY

TOPIC

Day-1

Background. Concept and objectives of Audit of Vouchers of Monthly Civil Accounts. Important points to be kept in view while conducing Audit of Vouchers.

Introduction to IDEA Software.
How to download MS Excel/ACCESS/DBASE file into IDEA

Day-2

Introduction to Statistical Types of Sampling. What is Monetary Unit Sampling? Why Monetary Unit Sampling.

How to select Vouchers for Audit- Simple Monetary Unit Sampling Method in IDEA

Day-3

How to select Vouchers for Audit- Multiple Monetary Unit Sampling Method in IDEA

Process of Accounting and Reporting of AC/DC Bills, Grants-in-Aid & its utilization Certificate.
Evaluation & Valediction


 

Course Title   : Direct Taxes
Duration         : 5 days

DAY

TOPICS

Day-1

General layout of Direct Tax Laws, Distinction of legal terms in Direct Tax Laws. e.g. Income (Concept of Income- definition in Income Tax Act, Capital & revenue income, agricultural income etc.), Wealth, business expenditure (capital and revenue expenditure along with relevant case laws on these subjects) etc. Definition of important terms and evaluation of their meaning- case laws.

Heads of Income and aggregation of taxable income- Income from salaries and income from house property including carry forward and set-off of losses under income from house property, Income from other sources.

Day-2

Chapter VI A deduction and Tax Theory along with case studies

Income from capital gains/capital losses. Exemptions and deductions available there under along with relevant case laws and practical problems.

Day-3

Arrear and collection of tax TDS, AT, SAT, regular taxes, interest, penalty and prosecution.

Day-4

Corporation Taxation Theory – Definitions in corporate taxation, MAT provisions, section 115O, 115R, venture capital companies, liquidation of companies under section 178 & 179. Practical problems and case laws

Significance of Ethics & Values in public Governance and code of ethics in IA & AD

Day-5

Income from business or profession including section 32 to 37, 40,40A,41,42,43A to 43D, 44, 44A,44AA,44AB, 44AD/AE/AF and presumptive income on non-residents- 44B to 44C, 44DA, 44DB and speculative transaction.

Session Evaluation-MCQ Test and Valediction

Course Title         : Workshop on Audit of Public Private Partnership Projects.
Duration   : 03 days


DAY

TOPICS

Day-1

Overview of Public Private Partnership-Framework, risk, modal variants,
Success, Objectives and Role of Private Sector. Auditing Standards & Guidelines for Audit of PPP

Financial Powers, Procedures, Appraisal and Approval of PPP Appraisal Committee, Model Concession Agreements, Institutional Arrangements in State Government, Discussion on cases

Day-2

Scope and Objectives of PPP Audit-Types of documents/accessing records of Private Sector Partners, Audit Planning, Process and Criteria for PPP Audit. Case discussion

Building Capacities for Public Private Partnerships- Indian perspective and challenges

Day-3

ISSAI Guidelines on Privatization. Audit of Risk in PPP. Exercises.

Case study on Audit of Public Private Partnership in Infrastructure projects, PPP in Social Sector- Case discussion and Valediction

 

Course Title         : Special Course on Financial Attest Audit including Checks exercised in Preparation of Finance Accounts & Appropriation Accounts
Duration   : 8 days


DAY

TOPICS

Day-1

Indian Financial System : Fiscal Policy, Legislative control, Federal division of powers, Budget, Accounts, Plan and non-plan expenditure, Audit, etc.

Budget Meaning – Introduction, Annual Financial Statement; Financial Year; elements of a budget

Day-2

Budget Process - Budgetary control, New Service, New Instrument of Service, Vote on account, Supplementary, Re-appropriations, Excess grants, etc.
Budget Scope - Charged and Voted, Revenue and Capital and Plan and Non-Plan.

Compilation of Accounts – Introduction - Part I Consolidated Fund, Part II Contingency Fund, Part III Public Account and Coding system

Day-3

Compilation of Accounts – Overview of compilation in AG (A&E)

Compilation of Accounts – Account Current

Day-4

Compilation of Accounts – Works and Forest

Compilation of Accounts – Loans and Deposits

Day-5

Finance Accounts – Definition, Structure of Finance Accounts, Explanation of general checks to be exercised for the preparation of Finance Accounts

Finance Accounts – Notes to Accounts in Finance Accounts, Hqrs instructions and linkage between statements

Day-6

Finance Accounts – Discussion on various statements of finance accounts

Finance Accounts - Discussion on various statements of finance accounts and exercises

Day-7

Appropriation Accounts - Original, Supplementary, Re-appropriation, New Service and New Instrument of Service and Structure of appropriation accounts

Appropriation Accounts - points to be seen during audit of Appropriation Accounts and exercise

Day-8

Introduction to Idea software
How to download Excel file to Idea Software 

Significance of Ethics & Values in public Governance and code of ethics in IA & AD, Test Summing up and Valediction

Course Title   : Workshop on Audit Planning using VLC data
Duration         : 02 days

DAY

TOPICS

Day 1

Inauguration and Introduction
Audit Planning- Risk Assessment

Use of  IDEA in VLC Data- practicals

Day 2

Presentations by Groups

Discussion and Valediction

 


Course Title         : Preparation and Maintenance of RBD, JSDL, Treasury Bills, RB Suspense (Dr/Cr), ISS Accounts and its Broadsheet, Inward and Outward Accounts, TDS Suspense, Its Balance and Its Effect on State Finances,  Advice & Bank Operation
Duration   :           05 days

DAY

TOPIC

Day-1

Introduction to R.B.I, Role and function in Government Accounting

Accounting Procedure in RBI, Hundi, Treasury Bills, Ways & Means Advances etc, Bank Advice & Bank Operation, Clearance Memo

Day-2

RBD Account maintained in Treasury, Compilation of RBD account in A.G.Office, Practical exercises

Public Debt, Loans, Grants-in-aid from Central Government, MoF/MoA, MoHRD, MoH & FW etc, Operation of Suspense head- 110- CAO Suspense, Case Study

Day-3

Maintenance and Processing of State Development Loans and Cash Balance Investment Account.

Operation of 109- Reserve Bank Suspense (Headquarters) CaseStudy
Reconciliation of RBD account with RBI -Case study

Day-4

Background, Concept and Objectives of Inter-State Suspense Accounts. Its significance. Its Operation and Maintenance

 Meaning, Operation and Settlement of Inward Claims, Outward Claims, ISS Broadsheet of Accounts –case study
           

Day-5

Accounting Procedure of all Inter-Government Transactions with monetary adjustments through RBI Advice Procedure and Cash Settlement System- Practical Exercises

 

Significance of Ethics and Values in Public Governance.
Code for Ethics in IAAD
Test,
Evaluation and Valediction

      

Course Title         : Overview of State Receipts Audit
Duration   : 05 days

DAY

TOPICS

Day-1

Introduction and Overview of State Receipt Audit

Audit of State Excise Receipt Checks exercised in audit with case discussion

Day-2

Audit of Stamps & Registration. Checks exercised in audit with case discussion

Audit of Land Revenue. Checks exercised in audit with case discussion

Day-3

Audit of Motor Vehicle Receipts. Checks exercised in audit with case discussion

Audit of Mining Receipts and Water Rate receipt. Checks exercised in audit with case discussion

Day-4

Audit of Water Receipts. Checks exercised in audit with case discussion

 

Audit of Interest Receipt and Electricity duty. Checks exercised in audit with case discussion

Day -5

Audit of Police Receipts and Checks exercised in audit with case discussion

 

Audit of Professional tax.
Test and Valediction

Course Title         : Office Administration and Establishment, APAR, Disciplinary Proceedings Reservation Rosters, Departmental Promotional Committee including practice session on noting and drafting.
Duration   : 5 days
Programme Content and Structure


DAY

TOPIC

Day-1

Overview of Office Administration & Establishment, Managing Work, IT Environment and its importance

Code of Conduct for Central Government Servants – CCS (Conduct) Rules, 1964, and various GOI Decisions there under. Gender Sensitization against sexual harassment

Day-2

Types of Personal Claims, AC and DC Bills – Processing and Time Limit, Record Management – Preservation and weeding out of old records.

Disciplinary Proceedings – Framing of Charge Sheet, Authority, various stages of conducting departmental enquiry, submission of inquiry report, Procedure for imposition of major/minor penalties.

Day-3

Appeals, Revision, Review under CCS (CCA) Rules 1965. Discussion of Case Laws

Maintenance of Service Book.
Departmental Promotion Committee – size, composition, frequency of meetings, Sealed Cover Procedure, declining of promotions, etc.
Discussion about fixation of pay in different cases.
Technique of Noting and Drafting during processing of files.
Do’s and Don’ts for Government Officials/Officers.

Day-4

Preparation of Budget, Revised Budget Estimates and Control of Budgetary Grants, Central Government Accounts (Receipt and Payment) Rules, 1983, Duties and Responsibilities of Controlling Officers and DDOs.

Writing of Annual Performance Appraisal Report (APAR), Adverse Entry, Part Report, Gap Sheets, Standards of Financial Propriety. Introduction about leave rules, discussion about different kinds of leave, Discussion about T.A., LTC and Joining Time.

Day-5

Introduction about Post-Based Rosters. Discussion on its preparation of different types of rosters, L type roster

 

Significance of Ethics and Values in Public Governance.
Code of ethics for IAAD
Test, Evaluation and  Valediction

 

 

1. 


 

Course Title         : Workshop on Performance Audit based on Revised Guidelines-2014
Duration   : 5 days
Programme Content and Structure


DAY

TOPICS

Day-1

Inauguration and Introduction about Performance Audit
Roadmap for Performance audit, Shift in approach and methodology in Performance audit

Strategic Planning-Principles and Procedures, Risk assessment for strategic planning, Hands-on exercise on Risk assessment

Day-2

Performance Audit Implementation Plan, Setting/Developing Audit Objectives, Issue analysis

Hands on exercise on audit objective/issue analysis

Day-3

Criteria, sources of criteria, Hands-on exercise on criteria, sources of criteria

Evidence and sources, Concept of study design matrix, Hands-on exercise on evidence, source of evidence and Completion of study design matrix, Preparation of audit test programmes, evidence gathering and analysis , documentation of evidence

Day-4

Developing audit conclusions and recommendations, Hands-on exercise on developing audit conclusions and recommendations with emphasis on Criteria cause and effect.

Reporting process & Attributes of good performance audit reports, Follow-up audit procedures


Day-5

Supervision, Human resource issues and capacity building, Potential impacts of performance audits including Hands-on-exercise

Significance of Ethics & Values in public Governance and code of ethics in
IA & AD

Test, Evaluation and Valediction

 

Course Title         : Seminar on Audit Quality Management Framework.
Duration   : 03 days
Programme Content and Structure


DAY

TOPIC

Day-1

Introduction to Audit Quality Management Framework and its broad parameters

Leadership and Direction-Core value and Auditing Standards, Strategic Planning, Portfolio and Risk Management.

Day-2

Human Resource Management-Staffing and Training of audit personnel, capacity building, personnel welfare and benefits

Audit Management and relationship with clients-Audit Planning and Execution, Reporting and Follow up.

Day-3

Continuous Improvement through Internal Audit, Internal Quality Assurance and Peer Review with a case study.

Provisions of ISSAI-40. Quiz and Valediction

Course Title         : Course on Works Audit including Preparation of Estimates.
Duration   : 05 days
Programme Content and Structure


DAY

TOPIC

Day 1

Overview of Public Works Department and role of Audit therein, accounting system in Public Works Department and upkeep of relevant records relating to execution of work

Points to be seen while preparing the estimate for work. Importance of PWD and PWA code

Day 2

Concept of Tender and Agreement, F2 Agreement, Standard Bidding Documents (SBD) and Turnkey Project

Importance of analysis of rates and Schedule of Rates (SOR) and method of its preparation,

Day 3

Initial records maintained by Public Works Department, detail of Maintenance of Measurement Book and points to be seen

Administrative Approval and Technical Sanction, Revised Estimation. Case discussion

Day 4

Performance audit -Points to be examined during the course of review-Case study

Significance of Ethics & Values in public Governance and code of ethics in IA & AD

Day 5

Exercise on Preparation of Objectives, Defining Criteria and Design Matrix and report writing

ISSAI guidelines on Performance Audit and Discussion of Case Studies. Course Evaluation and Test

Course Title   : Govt. Accounting System, Role of GASAB & transition to Accrual Accounting System
Duration         : 3 days.
Programme Content and Structure

DAY

TOPICS

Day-1

Treasury Accounts with accounting operations of RBD head, Interest Warrants, Debt and Deposit heads, High Court Judges' GPF, State Development Loans. / OB Suspense, P.L. A/c, etc.

Introduction to Accrual Accounting System – GASAB and its role on development of Government Accounting Standards for implementation of accrual accounting system

Day-2

Accounting operations of all Inter-Government transactions with monetary adjustments through RBI Advice Procedure and Cash Settlement System – Practical Exercises

Public Works Accounts and Forest Accounts with operation of Remittance Heads [ I, II and III (b) ] and Suspense Heads [STOCK, Misc. Works Advances, MPSSA, etc.], Maintenance of Remittance Broadsheets.

Day-3

Preparation of Finance and Appropriation Accounts, and understanding the New Format of Finance Accounts 

Creation and clearance of various Suspense heads in Government Accounting, Maintenance of Suspense Broadsheets, Review of Balances, and Adverse Balances. Evaluation and Valediction

Course Title         : Training for Trainers
Duration   : 03 days
Programme Content and Structure


DAY

TOPIC

Day 1

Human Resource Management – Meaning and Scope.
Maximizing Human Potential through Behavioral Competencies
Definition of Leadership, Principles of Leadership, The role of Strategic Leadership, Qualities of a leader. The price of Poor Leadership.

Personality Development, Motivation, Communication Skills and Leadership

Day-2

Leadership and Organizational Development-
- Group Dynamics and Team Building-
-Conflicts Management and Negotiation Skills

Personality Development, Time and Stress Management
-Emotional Intelligence

Day-3

Ethical Standards

  • Transformational Management, Case study on Ethics,
  • Ethics and Values in Public Governance
  • Code of Ethics for IAAD

Leadership and Governance
Changing mindset and achieving success.
Role of Strategic Leadership in maximizing Human resources within the organization
Evaluation and Valediction

Course Title         : Audit of Government Company including provisions of New Companies Act 2013, Corporate Governance and Corporate Social Responsibility.
Duration   : 05 days
Programme Content and Structure

DAY

TOPIC

Day-1

Introduction and salient features of Government Companies, types of Govt. Company, Legal mandates for Audit of Government Company under CAG DPC Act and provision in the revised Company's Act.

Audit Objectives and Key issues to be looked into in Audit of Financial Statements and importance of Accounting Policies/Notes on Accounts

Day-2

Companies Act 2013 vis a vis Act 1956:

  • Structure of Companies Act 2013
  • Status of notification of Sections of the Act and related Rules.
  • New concepts/provisions in new Act.

Changes in the Companies Act, Schedules & Rules and their Implications particularly on accounting, depreciation, financial reporting and audit thereof.

Board and Directors responsibilities:
Board Structure, Contents of Board Report, Independent directors, Directors responsibility statement, Board’s mandatory committees ,Key Managerial Personnel

Day-3

Cash Flow Statement
Provisions in Companies Act and IND AS 7
Process of preparing Cash Flow
Statement- direct & indirect method
Determining: cash/cash equivalent (FD, Bank overdraft etc.)
Differentiation: operating/financing/investing activity(interest, dividend, exchange rate variation, taxes, extra ordinary items etc)
Accounting Policy, disclosure requirements, Non-cash transactions
Utility & Limitations CFS

Consolidated Financial Statement ( CFS):
Provisions in Companies Act, Rules and relevant Accounting Standards- IND AS 110
Contradiction among Section 129(3), Rules and Accounting Standards.
ICAI’s Guidance Note on CFS.
Consolidation requirement if there is no subsidiary but only associate/JV.
Provisions of Act/Rules vis a vis IND AS 28 Investment in Associates and JVs

Day-4

Auditing: Major changes
Statutory Auditor: Appointment & rotation, auditors’ eligibility/disqualifications, increased reporting responsibilities and penalties.
Supplementary Audit by CAG
Auditing Standards
Internal Audit
Secretarial Audit
Cost Audit 

Introduction about Corporate Social Responsibility and Provisions as per Companies Act 2013. Planning for Audit of Corporate Social Responsibility.

Day-5

Corporate Governance- Its meaning, Legal Provisions and Applicability in Public Auditing

Significance of Ethics & Values in public Governance and code of ethics in IA & AD, Discussion on case studies from Audit Report

Course Title   : Introduction to PFMS and IFMS
Duration         : 03 days
Programme Content and Structure

DAY

TOPICS

Day 1

Course content to be decided later

 

Day 2

 

 

Day 3

 

 

Course Title   : Environment Audit including SDG
Duration         : 03 days
Programme Content and Structure

DAY

TOPICS

Day 1

Course content to be decided later

 

Day 2

 

 

Day 3

 

 

Course Title         : Work shop on Management Development Programme
Duration   : 5 days
Programme Content and Structure


DAY

TOPICS

Day-1

Introduction about the course,
Improving governance through Internal Audit and Internal Control

Financial Management- General Financial  Rules, Standards of Financial Propriety and procurement Policy

Day-2

Leadership & Organisation Development
-Group Dynamics & Team Building, Conflict Management & Negotiation Skills, Leadership Styles

Macro Economics-Theory and Policy
International Trade, Impact of global economic crisis

Day-3

Leadership & Organisation Development
Changing mindset and achieving success

Government Budgeting-its concept, importance and implementation

Day-4

Personality Development
Motivation, Team Building and Communication Skills

Personality Development--Ethical Standards, -Time & Stress Management Emotional Intelligence

Day-5

Transformational Management:- a case study on Ethics, Leadership and Governance. Group Discussion and valediction

Course Title         : IND AS (IFRS) and IPSAS
Duration   : 03 days
Programme Content and Structure


DAY

TOPIC

Day 1

Introduction to Ind AS, Difference between IFRS and Ind AS, Challenges for adoption of Ind AS
Ind AS 101- First Time Adoption of Indian Accounting Standards. Ind AS 1-Presentation of Financial Statements.

Major changes as compared to AS in respect of
Ind AS-2 Inventories
Ind AS-7- Statement of Cash Flows
Ind AS-8 Accounting Policies, Changes in Accounting Estimates and Errors
Ind AS-18 Revenue

Day 2

Major changes as compared to AS in respect of
Ind AS-19 Employee Benefits
Ind AS-105 Non Current Assets held for Sale and Discontinued Operation
Ind AS-16 Property Plant and Equipment

Major changes as compared to AS in respect of
Ind AS- 17 Lease
Ind AS-11 Construction Contracts
Ind AS-23 Borrowing Costs

Day 3

Major changes as compared to AS in respect of
Ind AS-36 Impairment of Assets
Ind AS-24 Related Party Disclosure
Ind AS-38 Intangible Assets

IPSAS- Introduction and  Adoption ,Scope of IPSAS and its implementation, Evaluation and Valediction

 

Course Title         : Functioning of PAC
Duration   : 02 days
Programme Content and Structure


DAY

TOPIC

Day 1

Course Content to be decided later

 

Day 2

 

 

Course Title         : Seminar on Gender Sensitisation and existing legal framework for women employees.
Duration   : 3 days
Programme Content and Structure

     DAY

TOPICS

Day-1

Introduction to Gender Awareness including Gender Roles.

Gender Equity, Gender Equality and Gender Differentiation. Integration of gender in decision making process

Day-2

Gender Discrimination and Intergenerational gender gaps

Legislative measures in India, Development of women- Indian experience

Day-3

Legal Framework for women employees- Vishakha Guidelines, Sexual Harassment of women at Workplace( Prevention, Prohibition & Redressal) Act & Rules 2013

Special Concession/Facilities for women employees in Central Government,
 Evaluation and Valediction

Course Title         : Induction Training for Auditors
Duration   : 5 days
Programme Content and Structure


DAY

TOPICS

Day-1

 

Features and functions of Supreme Audit Institutions, CAG DPC Act, 1971, INTOSAI and its function and Reporting process in IA&AD, Organizational and reporting Structure of the department. Role of IA&AD in the financial control of the public expenditure and the importance of this department in democracy and constitution.

Duties, Powers and Obligations of Employees towards Gender Sensitization, Right to Information Act, System of Govt. Accounts.

Day-2

 

Organizational Structure of Indian Audit & Accounts Department (IA&AD) – Organizational set up of Audit & Accounts Offices.
Functions of Administration Section. Office Procedure, Maintenance of Service Records, Service Book/Leave Accounts.

Audit Procedures-Planning, Execution, Reporting and Follow up of reports, Awareness of ISSAI.

Day-3

 

Maintenance of Records, Files, Registers, System of Correspondence, Submission of Notes and Drafts to higher authorities.
Various entitlements of Govt. Servants, Work done in Establishment(Claim) Section.

Various checks exercised during Central Audit, Functions of Report Section, Reports of C&AG of India
Audit Modules of VLC, Local Audit

Day-4

Provisions regarding form of Govt. Accounts, Classification in Govt. Accounts, and Difference between Capital & Revenue Accounts.
Monthly Govt. Accounts, Treasury Accounts, Grants, Supplementary Grants, Vote on Account, Finance & Appropriation Accounts.

Gender Sensitization – Related Concepts and Jargon, Gender Equality, Gender Differentiation, Gender Roles, Gender Discrimination, Legislative Measures in India, Development of Women -  Indian Experience, Concessional Provisions of
Women in the Central Services, Prevention of Harassment of  Women in the work place.
C.C.S Conduct Rules – Do’s and Don’ts for the Govt. Officials, Procedure for Imposition of Major and Minor Penalties as per C.C.S (CCA) Rules.

Day-5

Definitions of various terminology of FR&SR e.g. - Pay and Allowance, personal pay, substantive Pay, special pay, Time scale of pay, TA, Conveyance Allowance, Increment, Service counting for increment, Honorarium, fees, cadre, deputation, Foreign service  etc.
IT Environment & its importance

Significance of Ethics & Values in Public Governance.
Test & Evaluation, Valediction

 

Course Title         : Seminar on Right to Information Act and Communication Policy of IA&AD & Legal cases
Duration   : 03 days
Programme Content and Structure


DAY

TOPICS

Day 1

Overview of RTI Act 2005.
Role and responsibility of public authority. Duties and functions of Public Information Officer.

Provisions of the Act relating to organizations to which the Act does not apply;
Exemption from disclosure; third party information, etc.

Day 2

Constitution, powers and functions of Central Information Commission.

Provisions relating to appeal and Penalties.

Day-3

Provisions and procedure for obtaining information and Communication policy of
IA&AD.

Legal Cases- Provision and functions of legal cell
Significance of Ethics and Values in Public Governance. Code of Ethics in IA&AD.
Evaluation & Valediction

 


Course Title         : Workshop on Audit of Fraud including evidence gathering techniques.
Duration   : 05 days
Programme Content and Structure


DAY

TOPICS

Day-1

Introduction to the Fraud,
Corruption, definition of corruption and elements of corruption.

Standing Orders on Role of Audit in relation to cases of Fraud and Corruption:-Modus Operandi of Fraud, factors influencing Fraud & Corruption, Types.

Day-2

Standing Orders on Role of Audit in relation to cases of Fraud and Corruption:-Potential Fraud indicators and high risk areas in audit of Financial Statement, Performance Audit, receipt audit.

Internal controls and Risk assessment, Documentation.

Day-3

Role of Auditor in Fraud and Reporting.
Identification of red flags in Govt. Sector-Case studies

Fraud Investigation and Forensic Test Techniques. Discussion of case studies

Day-4

Concept of Audit Evidence, Evidence Gathering Techniques with exercises

Audit Evidence in Financial Audit with exercises

Day-5

Audit Evidence in Performance Audit with exercises and Audit Evidence in Compliance Audit with exercises

Invalid evidence, Closure,
Evaluation and Valediction

 

Course Title         : Compliance Audit as per Compliance Auditing Guidelines
Duration   : 03 days
Programme Content and Structure


DAY

TOPICS

Day-1

Introduction to Compliance Audit- Scope, Audit mandate, definitions, elements.
Difference between ISSAI guidelines and CAG Compliance Audit guidelines

General Principles and Annual Compliance Audit Plan

Day-2

Planning Compliance Audits

Performing the Audit and gathering Evidence

Day-3

Evaluating Evidence and Forming Conclusions

Reporting
Evaluation & Valediction

 

Course Title         : Preparation and Certification of Finance Accounts and Appropriation Accounts including Audit of Finance and Appropriation Accounts.
Duration   : 04 days


Programme Content and Structure


DAY

TOPICS

Day-1

Overview of Government Accounting System and its compilation in AG(A&E) office

Definition , structure of Finance Accounts, Explanation of General checks to be exercised for the preparation of Finance Accounts

Day-2

Discussions on various statements of Finance Accounts and its linkage between statements

Discussion on Notes to Accounts in Finance Accounts and its Headquarters instructions

Day-3

Grant Original, Supplementary Re-appropriation, New service and New instructions of Service and structure of Appropriation Accounts

Points to be seen during Audit/Certification of Finance Accounts

Day-4

Points to be seen during Audit/Certification of Finance Accounts and Appropriation Accounts

How to download

 

Course Title         : Workshop on ISSAI Awareness.
Duration   : 03 days
      Programme Content and Structure


DAY

TOPICS

Day-1

Inauguration and Introduction about ISSAI. Lima Declaration

Level Two ISSAIs-Prerequisites for the functioning of Supreme Audit Institutions
ISSAIs in Performance Audit

Day-2

ISSAIs on Financial Audit

Level III of ISSAI Guidelines and
INTOSAI GOV 9100-9199- INTOSAI Guidance for Good Governance

Day-3

ISSAIs on Compliance Audit

ISSAI-5100-5199-Guidelines on Environment Audit
ISSAI-5300-5399-Guidelines on IT Audit
Course in Brief, quiz and Valediction

 

 

 

 


 

     
     
     
     

 

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