CPE CALENDAR 2012-13

OBLIGATORY TOPICS

ACCOUNTING AND AUDITING

1. Accounting Standards issued by ICAI2. Ind (ASs)3. Accounting Standards with Sector-wise / Industry-wise practical presentations4. Audit Committee Charter 5. Audit, Assurance and Quality Standards issued by ICAI6. 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 GAAPS9. Compliance aspects of Standards on Auditing and other mandatory guidelines

issued by ICAI10.Restatements of Financial Statements under US GAAP and IAS11.Pronouncements and other documents of ICAI on Accounting and AuditingUS

& UK GAAPs12. Internal Audit Standards13. Internal Audit - including Risk Based Internal Audit 14. Internal Audit and Fraud Risk15. Internal audit –the key to management control 16.Sarbanes Oxley Act17. Implications of Sarbanes Oxley Act on the Internal Audit18. Internal Control – including Risk Based Perspective19.Peer Review – Systems, Procedure and Documentation for Practice Units.20.Technical Standards under Quality Review21.Accounting of the Urban Local Bodies22.Accounting of Co-operative Societies23.Audit of Small Entities24.Forensic Accounting and Audit25.Forensic Accounting: Process and Scope26.Providing Assurance on Internal Controls27.Service Tax Audit28.VAT Audit29. Issues related to Non-corporate Enterprises and their Auditors30.Clause 49 & Role of Internal Audit31.Compliance Aspects of Accounting Standards and other Reporting and

Disclosure Requirements32.Compliance Aspects of Generally Accepted Accounting Principles in the

Preparation and Presentation of Financial Statements33.Relationship of Internal Auditor with those charged with Governance34.Professional Code of Conduct and Business Ethics

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35.Sustainability Reporting India’s Journey towards Accrual Accounting in Government

36.Accrual Accounting in Government – its Practical Sides37.Preparation of financial statements in accrual accounting system38.Audit in the changed environment of accrual accounting39.Human Resource and Change Management in implementing Accrual

Accounting System 40.Accounting for Intangible assets and Depreciation in India41.Recognition of Cost and Revenue of Computer Software42. Intellectual Capital Reporting – An Overview43.Fraud Investigation – An Overview44.Fraud Investigation, Reporting and Prevention45. Intangible assets – An advent to Internal Audit46.Environment Audit 47.Study on Off –Balance sheet items

COST & FINANCIAL MANAGEMENT

48.Balanced Scorecard49.Business Process Improvements50.Capital Budgeting under Globalised Business Environment51.Financial Forecasting52.Cost Management53.Financial Due-Diligence54.Financial Instruments55.Financial Modeling56. Issues in Cross Border Investments57.Corporate Financial Reporting58.Cost Reduction and Cost Control59.Cost reduction techniques in Resource Mobilization60.Leveraging Activity-Based Costing to Enhance Enterprise Value61. Implementing ABC in Manufacturing Environment62.Value Based Management63.Total Quality Management64.Just-in-time approach (JIT)

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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 Language66.Certification of Internal Controls – Clause 49/ Sarbanes Oxley Act67.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 Act73.Emerging IT Challenges & Opportunities 74.Emerging Opportunities in BPO/ KPO Sunrise Sectors75. IT Best Practices – A Review76.Computer Assisted Performance Evaluation77.Management Information Systems (MIS)78.Technology Management79. Information Systems- Security and Control80. Internal Audit – Coping with Emerging IT Risks81.ERP challenges and solutions82.Business continuity83.Email controls

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DIRECT TAXES

84.Audit under Income Tax Act including Tax Audit – Preparation, Presentation and Documentation

85.Depreciation: Accounting, Taxation and Company Law issues86.Accounting vis-à-vis Taxation87.Payments to the Non-residents – TDS implications under Section 195 of the

Income-tax Act, 1961.88.Recent judgment/ judgments on Direct Taxes Laws89.Taxation of Non-residents – Recent Developments90.Stay, Tax Recovery and other related provisions under the Income-tax Act,

1961.91.Corporate Taxation92.Survey, Search and Seizure – Current Developments93.Minimum Alternate Tax and allied issues94.Assessment and re-assessment procedures95.Preparation & presentation of Appeals before the CIT (Appeals) and ITAT96.Section 69B v. Section 50C of the Income-tax Act97.TDS/TCS compliances98. ITR and e-filing of Income-tax Returns – Practical issues (TDS can also be

included)99.Special provisions for taxation of co-operative/others banks100. Capital v/s Revenue expenditure101. Taxation of NPO’s – Concept of Mutuality (including, charitable and

institutional institutions)102. Taxation aspects of trading in Currency Derivatives103. Deemed dividend –Section 2(22)(e)104. Impact of IFRS adoption on taxation105. Direct Tax Code106. Interest, penalty and prosecution107. Settlement Commission108. Tax issues relating to business structuring109. Tax issues in heritance and family settlement110. Tax Holidays111. Deductions and exemptions under the Income-tax Act, 1961112. Taxation of HUF113. Notices and Summons114. Taxation of Partnership & LLP115. Principles of Interpretation of tax Statutes/laws116. Wealth Tax117. Issues in Capital Gains118. Merger and demerger119. Section 14A120. Deemed income (section 56 and 50C)

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INDIRECT TAXES

121. Emerging Issues in Indirect Taxation122. Recent Judgments in Indirect Tax Laws123. Service Tax – Law and Practice – Basic level124. Value Added Tax (VAT) – Including State Level VAT125. Export Import Trade / Customs Valuation Law – Rules & Compliances126. Reforms of Indian Tax System in the context of GST127. GST – Principles and Practices128. Preparing for Goods & Service Tax129. Refund of Service Tax for Exporters of Goods and Taxation Aspects of Film

Producer130. Valuation of Taxable Service Under Works Contract Composition Scheme –

Effect of Amendments131. Business Auxiliary vs. Support Services – Similarities and Differences

International Taxation132. Service tax – Law and practice – Advanced level133. Issues in Import of Services: Service tax liability on transfer pricing

adjustments134. Service Taxation of Real Estate Sector135. Indirect taxes issues arising from convergence of Indian AS with IFRS136. CENVAT credit of service tax: Issues and Challenges137. Selective vs. Comprehensive coverage of services138. Offences and penalties in service tax139. Service Tax Appeal Proceedings including Mock Tribunal140. Service Tax Audit: A management tool to monitor Service Tax Cost and

Compliance141. Indirect taxes issues arising out of the Finance Bill, 2012142. Customs & Foreign Trade Policy143. Central Excise as applicable to Manufacturers144. Works contract – Impact of Customs, Central Excise, VAT and Service Tax145. Lease transaction – VAT & Service Tax issues146. VAT Audit under respective State VAT Laws147. Point of Taxation Rules

INTERNATIONAL TAXATION

148. Introduction to International Taxation149. 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 Pricing152. Tax Havens153. FEMA – Rules & Regulations, Inbound & Outbound Investments154. Cross Border Mergers & Acquisitions155. Taxation of e-commerce156. Foreign Collaborations – Including Taxation of Foreign Collaborations157. Taxation of Permanent Establishments158. Latest OECD Model and U.N. Model159. Foreign Direct Investment (FDI)

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BUSINESS MANAGEMENT

160. Conflict Management161. Consumer and Organizational Buying Behavior162. Contract Management – Practical Issues163. Competitiveness: Concepts and Challenges164. Commercial Due Diligence165. Credit Analysis and Credit Management166. Evaluation of Supplier Strategy: Valuation Framework167. Management of Change168. Managing Creativity169. Managing Employee Redundancy170. Industrial Relations171. Strategic Decision - Making172. Sustainability Development173. Motivation Techniques174. Narrative Reporting175. Knowledge Management176. Operations Planning and Control177. Performance Management178. Effective Time Management 179. Quality Audits180. Value Added Business Controls - The Right Way to Manage Risk181. Management Audit182. Decision Making Under Conditions of Risk and Uncertainty183. Business Ethics184. Principles and Topics in Corporate Communications185. Business Presentations and Audience Analysis186. Business Sustainability

CORPORATE LAWS187. Revised Schedule - VI188. E-forms under MCA - 21189. MCA-21 – Challenges & Opportunities for the Profession 190. Arbitration Act, 1996191. Valuation Techniques192. Mergers and Amalgamations193. Companies (Auditors' Report) Order (CARO)194. Auditors’ Report under the Companies Act – Issues on CARO,

Documentation, Reporting and Disclosure Requirements195. NCLT Law and Practice196. Limited Liability Partnership Act 2008197. EXIM Policy and Procedures198. Micro, Small and Medium Enterprises Development Act, 2006199. Competition Act and Merger and Acquisition200. Independent Directors – Liable for Crimes by Companies201. Limited Liability Partnership Act

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CODE OF CONDUCT

202. Code of Ethics: Contemporary issues

FINANCE AND CAPITAL MARKET

203. Derivatives: Futures and Options204. Currency Futures, An Insight205. Derivatives – Accounting and Taxation206. OTC Derivatives – A Legal Perspective207. Sources of Raising Funds208. Recent Trends in Finance and Capital Market209. International Finance210. Role of International Funding Institutes211. Foreign Direct Investment (FDI) Rules212. Project Report and Appraisal213. Project Financing214. FOREX Management215. Listing Agreement216. The Sub-Prime Mortgage Crises: Impact on Asia217. Electronic Payments and e-Banking in India: An Overview218. Valuation Practices in emerging Markets: Issues involved in Various Areas

CORPORATE GOVERNANCE

219. Audit Committee and Independent Directors220. Whistle Blower Policy – Framework221. Enterprise Governance222. Role of CAs in Corporate Governance223. Corporate Governance Rating224. Corporate Governance Audit225. Impact of Corporate Governance in Global Development226. Improve Board Effectiveness through Good Governance227. Sustainable Development and Global Reporting Index (GRI)228. Clause 49 & Role of Internal Audit229. Relationship of Internal Auditor with those charged with Governance230. Global Warming/Climate Change231. Corporate Social Responsibility (CSR)232. Carbon Credit233. Green Business Practices234. Triple Bottom Line Profit, People and Planet235. Triple Bottom Line Economic, Environment & Social

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INSURANCE AND RISK MANAGEMENT

236. Insurance Survey and Loss Assessment 237. Developments in Pension Fund238. Anti Money Laundering in Insurance Sector239. Risk Management240. Valuation of Insurance Companies241. Third Party Insurance242. AS-15 and Actuarial Sciences243. 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 Standards259. Issues & Country practices in accounting for assets, liabilities & non-

exchange transactions 260. Accounting Policies, disclosures and other implementation issues. 261. Issues in Government Accounting on Contingent Liabilities262. Recognition of assets, liabilities, revenue and expenses263. Issues in Government Accounting on exchange transactions and Inventories264. Roadmap for transaction to accrual accounting265. 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

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SOFT SKILLS & PERSONALITY DEVELOPMENT

271. Customer Relationship Management272. Effective representation before Income Tax Authorities273. Presentation and Communication Skills 274. Economic Slowdown & Financial Crisis275. Art of Public Speaking276. Environment Protection

OTHERS

277. Consultancy and Advisory Services278. Business Advisory Services279. Right to Information Act280. Six Sigma281. Jurisprudence, Interpretation of Law and Evidences Act282. Money Laundering Risk and Management – including Prevention283. CA Amendment Act, 2006284. 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 Deeds286. Stamp Act287. Controversy on Taxation of Bandwidth Charges – Solution Goes Begging288. Time Management for Working People289. Audit of NBFCs with Special reference to RBI Directions

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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 Accountants294. Accounting and Auditing Issues relating to Charitable Trusts295. Accounting and Auditing Standards for NGO Sector296. Audit of Educational Institutions 297. Audit Reports in Public Sector298. Audit under Sales Tax Laws299. Bank Audit (Central Statutory Audit and Branch Audit) 300. Insurance Audit 301. Management and Internal Audit302. Performance Auditing in the Public Sector 303. Stock and Receivables Audit304. General Ledger processing305. Bank Reconciliation306. Production and Service Costing307. Internal Audit Charter308. Professional Opportunities in Internal Audit309. Internal Auditor – Holding on to the Ethics310. Industry Specific Issues in Internal Audit311. Risk Based Internal Audit in Banks312. Basel II and the Internal Audit313. Activity Based Costing

CORPORATE LAWS

314. Information Technology Act & Cyber Frauds315. Investor Protection & Minority Interest316. Asset Reconstruction Companies317. Mutual Funds – Constitution, Running and Compliances318. Sarbanes Oxley Act, 2002 & Clause 49 of the Listing Agreement319. Companies Bill, 2008320. Restructuring & Liquidation321. Related Party Transactions – Procedures, Compliances and Corporate Best

Practices322. Classification & Registration of Companies323. Management & Board Governance324. Exchangeable Bonds325. Foreign Trade Policy326. Foreign Direct Investment (FDI) - Policy & Prospective

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327. Due Diligence Exercises328. Private Equity – Scope and Methodology329. Initial Public Offer (IPO) - Law and Procedures330. Foreign Contribution (Regulation) Act331. Mergers and Acquisitions - corporate law and procedure332. Mergers and Acquisitions - Strategic issues (Management issues and role of

CAs as Advisor)333. Valuation of Shares334. Valuation of Business 335. Winding Up of Companies336. How to undertake Capital Restructuring337. Shareholder’s Agreement338. How to draft Articles of Association339. Joint Venture Agreements340. Takeover of Companies/Shares341. Estate Planning342. Succession Planning343. Corporate Succession Planning344. Corporate Affairs Best Practices345. Concept of Special Purpose Vehicles346. Role of Escrow Accounts in Business Agreements347. Drafting of Business Agreements348. Drafting of Will - Legal Issues349. Impact of Hindu Succession Act on Corporate Succession350. Latest Amendments in Indian Succession Act351. An in-depth overview of Labour Law compliances352. Provident Fund Act – An overview353. E.S.I. – Law, advantages to employees, compliances by employers354. Bonus Act - Responsibilities of Employers - Role of Auditors/CAs in

Certification of Available Surplus/Allocable Surplus355. SARFAESI Act - Law, Case Laws and Current Issues356. Concept of Participatory Notes357. Concept of Reverse Mortgage358. Reverse Mortgage: A Walking Stick at Old Age359. Benefits of incorporating Corporate Structures outside India – Country

Specific360. Competition Law and Policy361. FEMA – Rules & Regulations, Inbound & Outbound investments362. Capital Markets – SEBI Regulations & IPO Issues363. Practical Arbitrator – An Overview364. Maxim of Interpretation365. Social Security for Unorganized Sector – New Pension Scheme366. Changing Spectrum of the Social Security Law in India

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FINANCIAL MANAGEMENT

367. Assessing Risk in Public Sector368. Asset Liability Management369. Credit Risk Management in Banks370. New Investment Strategies371. Reserve Bank of India Guidelines on External Commercial Borrowings and

Investment Abroad372. Developments in Indian Capital Markets: Primary Markets and Secondary

Markets373. Financial Restructuring / Re-engineering and Financial Reporting374. Restructuring of NPA Account375. Valuation of Enterprise – Methods used and its relative Importance376. Commodity Market377. Technical Analysis of Share Market378. Business Planning379. Internal Audit and Business Continuity Planning380. Corporate Restructuring381. 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 Look383. Open Offer: What and How

TAXATION

384. Tax Planning385. Penalties under Direct Tax Laws Pt. 105)386. Law and Practice of Appellate proceedings387. Representing a Case Before Appellate Authorities under Income Tax – with

Mock Tribunals388. Union Budget (Not Public Meetings) 389. Annual Budget Setting and Forecasting390. Industrial Park Scheme, 2008391. Indian Federal Finance392. Taxation of real estate transactions393. Taxation of Charitable Trusts394. Taxation of HUF and Family arrangements395. Money Laundering and Taxation396. Direct Taxes issues arising in the following Industries:

- Media and Entertainment

- Hospitality

- Banking and Financial Services

- Retail

- Software

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WORLD TRADE ORGANISATION

397. Foreign Trade Policy398. Special Economic Zones399. Emerging Professional Opportunities in the WTO Regime400. Anti-subsidy and Anti Dumping – Law and practice401. General Agreement on Trade in Services (GATS) – Issues for Accounting

Profession402. International Trade Laws403. Issues relating to TRIMS404. Trade Related Aspects of Intellectual Property Rights – Role of Chartered

Accountants405. International Commercial Arbitration406. Trade Remedies407. 100% Export Oriented Units (EOU)408. Export of Services409. Business Process Outsourcing 410. Knowledge Process Outsourcing411. Intellectual Property Rights412. Intellectual Property Valuations413. Competition Law414. Free Trade Agreements / Regional Trade Agreements / Preferential Trade

Agreements415. Destination India416. Carbon Trading

INSURANCE AND RISK MANAGEMENT

417. Detection and Prevention of Insurance Fraud 418. Audit of Entities involved in Life Insurance Business419. Audit of Entities involved in General Insurance Business420. Insurance Broking421. Agricultural Insurance422. Risk Management - Its Essentials and Process423. Financial Risk Management424. Accounting Issues for Entities involved in Life Insurance Business425. Accounting Issues for Entities involved in General Insurance Business426. Reinsurance Market, Special Areas of Reinsurance427. Inward Reinsurance428. Reinsurance Practice429. Reinsurance Administration430. Urban Insurance Issues 431. BPO and Life Insurance Business432. BPO and General Insurance Business433. Information Technology and Life Insurance Business 434. Information Technology and General Insurance Business435. Engineering Insurance436. Management Audit of Insurance Companies – Life Insurance437. Management Audit of Insurance Companies – General Insurance438. Total Quality Management (TQM) in Life Insurance Industry

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439. Total Quality Management (TQM) in General Insurance Industry440. Issues and Perspectives on Bank Assurance [covering basics, accounting,

auditing and other compliance issues]441. Insurance Arbitration442. Third Party Claims Management443. Enterprise Risk Management (including maintenance of risk management

systems and processes)444. Terrorism Risk Insurance 445. Asset Liability Management in Life Insurance Business446. Asset Liability Management in General Insurance Business447. Exchange Control & Taxation in General Insurance Business448. Exchange Control & Taxation in Life Insurance Business

OTHERS

449. Arbitration and Alternative Dispute Resolution450. Issues and Cases relating to Unjustified Removal of Auditors and

Independence of Auditors451. Application of Code of Ethics in Disciplinary Administration452. LLP s and Multi-disciplinary partnerships453. Corporate Governance and Code of Ethics454. Insolvency Laws: Role of Chartered Accountants455. ISO Certification456. Risk Management and Loss Assessment457. Supply Chain Management458. Material requirement Planning (MRP-I & MRP-II)459. Works Contract - Tax Implications460. CA: Adding Value to Economic Growth461. Right to Information Act462. Limited Liability Partnership463. Workers Compensation464. Introduction to Energy Insurance465. Actuarial Reports in Compliance with IAS19 – Issues466. Regulatory framework for Retirement Benefits – Current Issues in India467. Actuarial Reports under AS 15 (Revised, 2005)468. Recent International Developments in Employee Benefits; Accounting,

Auditing and Taxation Issues469. Software Technology Parks (STP), Electronic Hardware Technology Parks

(EHTP)470. Advisory and related services to State and Central Government471. Academic / Research Opportunities472. Treasury and Cash Management473. Cash Flow Forecasting474. Preparation of operational and Capital Expenditure Budgets475. Capital Gains – Including Tax Planning for Capital Gains476. Depository System / Dematerialization477. Strategic Management of Venture Capital478. Corporate Debt Market479. Evolving Role of Chief Financial Officer (CFO)480. Strategic Planning

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481. Environmental Accounting482. Recovery Management of NPAs483. Regulatory Developments in Countries Abroad484. Urban Planning and Environment485. World Economic Development and Investment Planning486. Foreign Reserves487. Value Analysis488. Role of Chartered Accountants in Banking Sector489. How to Move to Next Orbit of Professional Practice490. Financial Modeling: An Opportunity for CAs491. Regional Trade Agreements: Road Ahead for Agricultural Sector492. The Global Demand for Enterprise Risk Managers and the Emergence of

the Risk Intelligent Entity.

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