ABC Analysis

SACMDD (CS Professional)

Sr. Chapters Important Topics

No.
CATEGORY ‘A’ (45-50 Marks)

1) Compliance Framework ✓ Content of Compliance Chart

✓ Compliance Reporting
✓ Compliance Risk Monitoring Plan
✓ Methodology adopted for accessing the Compliance
Mechanism of the Company
✓ Training and Implementation
✓ Apparent, Adequate and Absolute Compliances
✓ Role of Company Secretaries in Compliance Management

2) Compliances ✓ Scope of Corporate Compliance Management

✓ Compliance Requirement under CA, 2013
✓ Compliance by LLP
✓ Records to be preserved by LLP
✓ Compliance under SEBI LODR

3) Documentation ✓ Good & Poor Documentation Practices

✓ Disadvantage of E-Records
✓ Security of Records Maintained in Electronic Form-
(Rule 28 )
✓ Difference Between Physical & Virtual Data Room
✓ Best Practices for File Naming
✓ Factors need to be considered in the preparation of the
preservation and archival policy of the company.
✓ Setting up of a Record Room
✓ Procedure adopted for protecting Confidential Information

4) Signing & Certification ✓ Pre -Certification & its Importance

✓ Consideration in filing e-forms
✓ Section 92 & Format of MGT-8
✓ Detailed Scrutiny of Annual Return
✓ Filing of Annual Return (AGM not held)
✓ Professional Misconduct covered Sch I & Sch II of CS Act,
1980

5) Concepts & Principle of Other Audit ✓ Social Audit

✓ Cyber Audit
✓ Forensic Audit
✓ CSR Audit
✓ System Audit

6) Secretarial Audit ✓ Section 134 135, 173, 174, 177, 178,179, 188, 203, 447,
448 of the CA, 2013
✓ Regulation 4, 15, 24A, 27 of the CA, 2013
✓ Benefit to Stakeholders
✓ Process of Secretarial Audit

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 ✓ Reporting of Specific Event under Secretarial Audit Report
✓ Guiding Criteria for Segregation of Specific Laws and
General Laws
✓ Format of MR-3 (Refer Notes)

7) Due Diligence -I ✓ Factors to be kept in mind while conducting Due

Diligence
✓ Process of Due Diligence
✓ Types of Due Diligence
✓ Financial DD
✓ FCRA
✓ Competition Law
✓ Information Security
✓ Technical-Intellectual Property & technology
✓ M&A DD
✓ NDA & Contents of NDA

CATEGORY ‘B’ ( 25-30 Marks)

8) Search & Status ✓ Search Report under the CA, 2013 (Procedure & Steps
for preparing report, Points covered under Report)
✓ Search Report under IPR Laws (Procedure, Key
documents to be Analysed)
✓ Property Title Search

9) Segment wise Role of CS ✓ CS as Insolvency Professional

✓ CS as GST Professional
✓ CS as RV
Overview of Industries
✓ Tourism & Hospitality
✓ Cement
✓ Food Processing
✓ Media & Entertainment
✓ Oil & Gas
✓ Pharmaceuticals

10) KYC ✓ Meaning of Customer under KYC

✓ Types of KYC
✓ EDD
✓ Customer DD
✓ Major Frauds took place with the help of incomplete KYC
✓ KYC documents for FPIs

11) Audit Engagement ✓ CSAS-1 (Most Important)

✓ Preconditions of accepting/continuing any
professional engagement
✓ Form & Content of Audit Engagement letter
✓ Responsibilities of Auditor & Auditee
✓ Effect of Substantial Interest

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 ✓ Confidentiality
✓ Change in terms of Engagement

12) Audit Documentation ✓ Process

✓ Audit Programme
✓ Creation of Master Checklist
✓ Working Papers (Standard WP, WP Review, Type of
WP, Protection of WP)
✓ Identification of events having bearing on affairs of
the company

13) Audit Principles & Technique ✓ Auditing risk & its Components
✓ Sampling
✓ External Expert Opinion
✓ Materiality
✓ External Confirmation
✓ Preparation of Audit Checklist

14) Quality Review ✓ Definition, Benefits

✓ Scope of PR
✓ Technical Standards, Questionnaire
✓ PR Process
✓ Office System & Procedures
✓ Quality Review Board
✓ Guidance Manual (Limitation on Scope, Leadership,
Confidentiality)

CATEGORY ‘C’ (15-20 Marks)

15) Audit ✓ CSAS 1 to 4 (Most Important)

16) Internal Audit & Performance Audit ✓ Step Approach

✓ Section 138 of CA, 2013
✓ Evaluation of IA Function by an Auditor
✓ Scope of Internal Audit

17) Forming an Opinion & Reporting ✓ Forms of Opinion

✓ EOM
✓ Principles of Auditor for forming opinion
✓ Evaluation of Audit Evidences
✓ Pre-requisite of Reporting
✓ Reporting with Qualification

18) Secretarial Audit- Fraud Detection ✓ Procedure of Reporting Fraud

& Reporting ✓ Speculation & Suspicion
✓ Early Warning Signals of Fraud

19) Values Ethics and Professional ✓ Types of Ethics

Conduct ✓ Ethical Dilemma

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 ✓ Difference between Ethics & values
✓ Professional Ethics

20) Due Diligence – II – Non ✓ Compounding of Offences

Compliances, Penalties and ✓ SOP for dealing with Non-Compliances under LODR
Adjudications Regulations
✓ Difference Between Fine & Penalty
✓ Consent Orders

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