CS Professional Level 2022 – Best Updates – Fees|Syllabus|Exam Pattern
CS Professional Level 2022 – Best Updates: The Institute of Company Secretaries of India (ICSI) has released the syllabus for the CS professional exam in the year 2022. https://cseetcoaching.com/cs-professional-coaching-classes-in-coimbatore/
The syllabus covers all of the comprehensive topics in the CS professional 2021 disciplines. The last try at the old CS professional curriculum will be in June 2021, after which all students will be required to move to the new CS professional 2022 syllabus. https://cseetcoaching.com/
CS Professional Level 2022 – Best Updates
CS Professional Exam Fee Structure
CS Foundation Programme | Rs.4500/- |
CS Executive Programme | Rs.9000/- for Commerce Graduates |
Rs 12,500/- for CPT passed of ICAI / Foundation passed of ICAI-CMA | |
Rs 10,000/- for Non Commerce Students | |
Rs 8,500/- for CS Foundation passed students | |
CS Professional Programme | Rs.12,000/- |
CS Professional Level 2022 – Best Updates
CS Professional Examination Fee Structure
Foundation Programme –Rs. 1200/-
Executive Programme – Rs. 1200/- per Module
Professional Programme –Rs. 1200/- per Module
Last date for submission of application for appearing in the examination
25th March (with late fee of Rs. 250/- till 9th April)
25th September (with late fee of Rs. 250/- till 10th October)
CS Professional Level 2022 – Best Updates
CS Professional Exam Pattern
The exam pattern as per the new syllabus of CS professional exam 2022 is as given below:
Exam Pattern
Highlights | Details |
Types of Question As Per the Paper | Objective and Subjective Both |
Total Number of Papers in Each Group | Eight Papers |
Total Number of Groups in CA Intermediate | Two Groups |
Mode of the Exam | Pen and Paper Based |
Medium of Exam | English and Hindi Both |
Maximum Marks for Single Group | 400 Marks Per Group |
Negative Marking | No Negative Marking for Wrong Answers |
Maximum Marks Per Paper | 100 Marks Per Paper |
Maximum Marks for Both Group | 800 Marks for Both Group |
Duration of the Exam | Three Hours Per Paper |
CS Professional Level 2022 – Best Updates
CS Professional New Syllabus 2022 Subject–wise Marks Distribution
The subject wise marks distribution as per the new syllabus of CS professional 2022 is as given below:
Marks distribution
Paper and subjects | Marks distribution |
Module – 1 | |
Paper – 1: Governance, Risk Management, Compliances and Ethics | Part I: Governance (50 Marks) Part II: Risk Management (20 Marks) Part III: Compliance (20 Marks) Part IV: Ethics & Sustainability (10 Marks) |
Paper – 2: Advanced Tax Laws | Part I: Goods and Service Tax ‘GST’ (60 Marks) Part II: Customs Law (10 Marks) Part III: Direct Tax & International Taxation (30 Marks) |
Paper – 3: Drafting, Pleadings and Appearances | Drafting, Pleadings and Appearances (Max Marks 100) |
Module – 2 | |
Paper – 4: Secretarial Audit, Compliance Management and Due Diligence | Part I: Compliance Management (40 Marks) Part II: Secretarial Audit &Due Diligence (60 Marks) |
Paper – 5: Corporate Restructuring, Insolvency, Liquidation & Winding-up | Part I: Corporate Restructuring (50 Marks) Part II: Insolvency& Liquidation (50 Marks) |
Paper – 6: Resolution of Corporate Disputes, Non-Compliances & Remedies | Resolution of Corporate Disputes, Non-Compliances& Remedies (Max Marks 100) |
Module – 3 | |
Paper – 7: Corporate Funding & Listings in Stock Exchanges | Part-A: Corporate Funding (60 Marks)Part B: Listing (40 Marks) |
Paper – 8: Multidisciplinary Case Studies (open book exam) | Multidisciplinary Case Studies (Max Marks 100) |
Paper – 9: Eight Elective Papers (open book exam) | |
9.1- Banking – Law & Practice | Banking – Law & Practice (Max Marks 100) |
9.2- Insurance– Law & Practice | Insurance – Law & Practice (Max Marks 100) |
9.3- Intellectual Property Rights– Laws and Practices | Intellectual Property Rights: Laws and Practices (Max Marks 100) |
9.4- Forensic Audit | Forensic Audit (Max Marks 100) |
9.5- Direct Tax Law & Practice | Direct Tax Laws & Practice (Max Marks 100) |
9.6- Labour Laws & Practice | Labour Laws and Practice (Max Marks 100) |
9.7- Valuations & Business Modelling | Part I: Valuations (70 Marks) Part- II: Business Modelling (30 Marks) |
9.8- Insolvency – Law and Practice | Insolvency – Law and Practice(Max Marks 100) |
CS Professional Level 2022 – Best Updates
CS Professional Syllabus 2022: Subject-wise topics of Module 1
The new syllabus of CS professional 2022 is divided into three modules. The new syllabus of CS Professional exam 2022 as per ICSI for module 1 is as given below:
Paper 1 – Governance, Risk Management, Compliances and Ethics (CS Professional Syllabus 2022)
The topics covered under the ICSI professional new syllabus for the paper ‘Governance, Risk Management, Compliances and Ethics’ are as given below:
Part I: Governance (50 Marks)
- Conceptual Framework of Corporate Governance
- Legislative Framework of Corporate Governance in India
- Board Effectiveness
- Board Processes through Secretarial Standards.
- Board Committees
- Corporate Policies &Disclosures
- Directors’ Training, Development and familiarization.
- Performance Evaluation of Board and Management
- Role of promoter / controlling shareholder, redressal against Oppression and Mismanagement.
- Monitoring of group entities and subsidiaries.
- Accounting and Audit related issues.
- Related Party Transactions.
- Vigil Mechanism / Whistleblower.
- Corporate Governance and Shareholders’ Rights.
- Corporate Governance and other Stakeholders
- Governance and Compliance Risk
- Corporate Governance Forums.
- Parameters of Better Governed Companies
- Dealing with Investor Associations, Proxy Services Firms and Institutional Investors.
- Family Enterprise and Corporate Governance.
Part II: Risk Management (20 Marks)
- Risk Identification, Mitigation and Audit
Part III: Compliance (20 Marks)
- Compliance Management
- Internal Control
- Reporting
- Website Management
Part IV: Ethics & Sustainability (10 Marks)
- Ethics & Business
- Sustainability
- Models / Approaches to Measure Business Sustainability
- Indian and contemporary Laws Relating to Anti-bribery
Paper 2 – Advanced Tax Laws (CS Professional Syllabus 2022)
The topics covered under the new syllabus of CS Professional 2022 for the paper ‘Advanced Tax Laws’ are as given below:
Part I: Indirect Taxes (70 Marks)
GST and Customs Laws
Goods and Service Tax ‘GST’ (60 Marks)
- An Overview of Goods and Services Tax ‘GST’
- Supply
- Input Tax Credit & Computation of GST Liability
- Procedural Compliance under GST
- Demand and Recovery, Advance Ruling, Appeals and Revision.
- Inspection, search, seizure, offences & penalties.
- Compliance rating, anti-profiteering, GST practitioners, authorized representative, and professional opportunities.
- Integrated Goods and Service Tax (IGST).
- Union Territory Goods and Service Tax (UTGST).
- GST Compensation to States.
- Industry/ Sector Specific Analysis.
Customs Law (10 Marks)
- Basic Concepts of Customs Law
- Valuation & Assessment of Imported and Export Goods & Procedural Aspects
- Arrival or Departure and Clearance of Goods, Warehousing, Duty Drawback, Baggage and Miscellaneous Provisions
- Advance Ruling, Settlement Commission, Appellate Procedure, Offences and Penalties
- Foreign Trade Policy (FTP) to the extent relevant to Indirect tax
Part II: Direct Tax & International Taxation (30 Marks)
- Corporate Tax Planning & Tax Management
- Taxation of Companies, LLP and Non-resident
- General Anti Avoidance Rules ‘GAAR’
- Basics of International Taxation
- Transfer Pricing
- Place of Effective Management (POEM)
- Tax Treaties.
- Income Tax Implication on specified transactions
Paper 3 – Drafting, Pleadings and Appearances (CS Professional Syllabus 2022)
The topics covered under the new syllabus of CS Professional 2022 for the paper ‘Drafting, Pleadings and Appearances’ are as given below:
- Judicial & Administrative framework
- General Principles of Drafting and relevant Substantive Rules
- Secretarial Practices & Drafting
- Drafting and Conveyancing Relating to Various Deeds and Agreements
- Drafting of agreements, documents and deeds
- Pleadings
- Art of Writing Opinions
- Appearances & Art of Advocacy
CS Professional Level 2022 – Best Updates
CS Professional Syllabus 2022 – Subject-wise topics of Module 2
The syllabus of CS Professional exam 2022 as per ICSI for module 2 subjects is as given below:
Paper 4 – Secretarial Audit, Compliance Management and Due Diligence (CS Professional Syllabus 2022)
The topics covered under the new syllabus of CS Professional 2022 for the paper ‘Secretarial Audit, Compliance Management and Due Diligence’ are as given below:
Part I: Compliance Management (40 Marks)
- Compliance Framework
- Compliances a) Entity wise, b) Activity wise, c) Sector-wise, d) Industry Specific, e) State and Local applicable laws
- Documentation & maintenance of records
- Search and Status Report
- KYC
- Signing and Certification
- Segment-wise Role of Company Secretaries
Part II: Secretarial Audit &Due Diligence (60 Marks)
- Audits
- Secretarial Audit
- Overview & introduction
- Scope of Secretarial Audit
- Internal Audit & Performance Audit
- Concepts and Principles of Other Audits
- Corporate Governance Audit
- CSR Audit
- Takeover Audit
- Insider Trading Audit
- Industrial and Labour Laws Audit
- Cyber Audit
- Environment Audit
- Systems Audit
- Forensic Audit
- Social Audit.
- Audit Engagement
- Audit Principles and Techniques
- Audit Process and Documentation
- Forming an Opinion & Reporting
- Secretarial Audit
- Quality Review
- Values Ethics and Professional Conduct
- Due Diligence: Overview and Introduction
- Due Diligence: Impact Assessment of Non-Compliances and Reporting thereof
Paper 5 – Corporate Restructuring, Insolvency, Liquidation & Winding-up (CS Professional Syllabus 2022)
The topics covered under the new syllabus of CS Professional 2022 for the paper ‘Corporate Restructuring, Insolvency, Liquidation & Winding-up’ are as given below:
Part I: Corporate Restructuring (50 Marks)
- Types of Corporate Restructuring
- Acquisition of Company/ Business
- Planning & Strategy
- Process of M&A transactions
- Documentation–Merger and Amalgamation
- Valuation of Business and Assets for Corporate Restructuring
- Accounting in Corporate Restructuring—Concept and Accounting Treatment
- Taxation & Stamp Duty aspects of Corporate Restructuring
- Competition Act
- Regulatory approvals of scheme
- Appearance before NCLT / NCLAT.
- Fast Track Mergers
- Cross Border Mergers
Part II: Insolvency& Liquidation (50 Marks)
- Insolvency
- Petition for Corporate Insolvency Resolution Process
- Role, Functions and Duties of IP/ IRP/ RP
- Resolution Strategies
- Convening and Conduct of Meetings of Committee of Creditors
- Preparation & Approval of Resolution Plan
- Individual/ Firm Insolvency
- Fresh Start Process
- Debt Recovery & SARFAESI
- Cross Border Insolvency
- Liquidation on or after failing of RP
- Voluntary Liquidation
- Winding-up by Tribunal under the Companies Act, 2013
Paper 6 – Resolution of Corporate Disputes, Non – Compliances& Remedies (CS Professional Syllabus 2022)
The topics covered under the new syllabus of CS Professional 2022 for the paper ‘Resolution of Corporate Disputes, Non – Compliances & Remedies’ are as given below:
- Shareholders’ Democracy &Rights
- Corporate Disputes
- Fraud under Companies Act and IPC.
- Misrepresentation & Malpractices
- Regulatory Action
- Defaults, Adjudication, prosecutions and penalties under the Companies Act, Securities Laws, FEMA, COFEPOSA, Money Laundering, Competition Act, Labour Laws & Tax Laws.
- Fines, Penalties and Punishments under various laws.
- Civil and Criminal Trial Procedure and Process.
- Relief and Remedies: Compounding of offences under Companies Act, SEBI & FEMA; Mediation and Conciliation; Settlement and Proceeding (Consent order under SEBI law); Appeal against the order of Adjudicating officer, SAT, NCLT, NCLAT, Enforcement Directorate, IT Commissioner, GST Commissioner; Revision of order; Appearance before Quasi-judicial and other bodies- NCLT, NCLAT, SAT, SEBI, RD, ROC, RBI, CCI.
- Crisis management, Professional Liability, D&O Policy & other Risk and liability mitigation approach.
Paper 7 – Corporate Funding & Listings in Stock Exchanges (CS Professional Syllabus 2022)
The topics covered under the new syllabus of CS Professional 2022 for the paper ‘Corporate Funding & Listings in Stock Exchanges’ are as given below:
Part-A: Corporate Funding (60 Marks)
- Indian Equity- Public Funding
- Indian Equity- Private funding
- Indian equity- Non-Fund based
- Debt Funding – Indian Fund Based
- Debt Funding – Indian Non-fund Based
- Foreign Funding – Instruments & Institutions
- Other Borrowings Tools
- Non-Convertible Instruments- Non-Convertible Redeemable Preference Shares (NCRPs) etc.
- Securitization.
Part B: Listing (40 Marks)
- Listing–Indian Stock Exchanges
- International Listing
- Various Procedural requirements for the issue of securities and Listing.
- Preparing a Company for an IPO and Governance requirements thereafter, Appraising the Board and other functions in the organizations regarding the Post IPO/Listing Governance changes.
- Documentation & Compliances.
CS Professional Level 2022 – Best Updates
CS Professional Syllabus 2022- Subject-wise topics of Module 3
The new syllabus of CS Professional exam 2022 as per ICSI for module 3 is as given below:
Paper 8 – Multidisciplinary Case Studies (CS Professional Syllabus 2022)
The topics covered under the new syllabus of CS Professional 2022 for the paper ‘Multidisciplinary Case Studies’ are as given below:
Case studies mainly on the following areas:
- Corporate Laws including Company Law
- Securities Laws
- FEMA and other Economic and Business Legislations
- Insolvency Law
- Competition Law
- Business Strategy and Management
- Interpretation of Law
- Governance Issues.
Paper 9.1 – Banking – Law & Practice (CS Professional Syllabus 2022)
Paper 9 is an elective paper (The students will have to choose one from the given eight subjects)The topics covered under the new syllabus of CS Professional 2022 for the elective paper ‘Banking – Law & Practice’ are as given below:
- Overview of the Indian Banking System
- Regulatory Framework of Banks
- Control over Organization of Banks
- Regulation of Banking Business
- Banking operations
- IT in Banking
- Payment and Collection of Cheques and Other Negotiable Instruments
- Case Laws on Responsibility of Paying Bank
- Case Laws on Responsibility of Collecting Bank
- Various Government Schemes
- Consumer Protection
- Loans and Advances
- Securities for Banker’s Loans
- Documentation
- Calculation of Interest and Annuities
- Calculation of YTM
- Foreign Exchange Arithmetic
- Non – Performing Assets
- Final Accounts of Banking Companies
- Risk Management in Banks and Basel Accords
Paper 9.2 – Insurance – Law & Practice (CS Professional Syllabus 2022)
The topics covered under the new syllabus of CS Professional 2022 for the elective paper ‘Insurance – Law & Practice’ are as given below:
- Concept of Insurance
- Regulatory Framework of Insurance Business in India
- Life Insurance – Practices
- Life Insurance – Underwriting
- Applications of Life Insurance
- Life Insurance – Finance
- Health Insurance
- General Insurance – Practices and Procedures
- Fire & Consequential Loss Insurance
- Marine Insurance
- Agricultural Insurance
- Motor Insurance
- Liability Insurance
- Aviation Insurance
- Risk Management
- Corporate Governance for Insurance Companies.
Paper 9.3 – Intellectual Property Rights: Laws and Practices (CS Professional Syllabus 2022)
The topics covered under the new syllabus of CS Professional 2022 for the elective paper ‘Intellectual Property Rights: Laws and Practices’ are as given below:
- Introduction
- Types of Intellectual Property- Origin and Development- An Overview
- Role of International Institutions
- Patents
- Indian Patent Law
- Patent Databases & Patent Information System
- Preparation of Patent Documents
- Process for Examination of Patent Application
- Patent Infringement
- Recent Developments in the Patent System
- Trademarks and Merchandise Marks Act, 1958
- Copyrights
- Industrial Designs
- Geographical Indications
- Layout- Designs of Integrated Circuits
- The Protection of Plant Varieties and Farmers’ Rights
- Protection of Trade Secrets.
- Key Business Concerns in Commercializing Intellectual Property Rights
- Case Laws, Case Studies and Practical Aspects.
Paper 9.4 – Forensic Audit (CS Professional Syllabus 2022)
The topics covered under the new syllabus of CS Professional 2022 for the elective paper ‘Forensic Audit’ are as given below:
- Introduction
- Fraud and Audit
- Audit and Investigations
- Forensic Audit
- Forensic Audit and Indian Evidence Law
- Cyber Forensics
- Case Laws, Case Studies and Practical Aspects.
Paper 9.5 – Direct Tax Laws & Practice (CS Professional Syllabus 2022)
The topics covered under the new syllabus of CS Professional 2022 for the elective paper ‘Direct Tax Laws & Practice’ are as given below:
- An Overview of Income Tax Act, 1961
- Computation of Income under the head of Salary
- Computation of Income under the head of House Property
- Computation of Income – Profits and Gains from Business and Profession
- Computation of Income under the head of Capital Gains
- Computation of Income from Other Sources
- Exemptions/Deduction, Clubbing provisions, Set-Off and/or Carry Forward of Losses, Rebate and Relief
- Computation of Total Income and Tax Liability
- TDS/TCS, Returns, Refund & Recovery
- Tax Planning & Tax Management
- International Taxation – An Overview
- Recent Case Laws
Paper 9.6 – Labour Laws& Practice (CS Professional Syllabus 2022)
The topics covered under the new syllabus of CS Professional 2022 for the elective paper ‘Labour Laws& Practice’ are as given below:
- Constitution and Labour Laws
- International Labour Organization
- Law of Welfare & Working Condition
- Law of Industrial Relations
- Law of Wages
- Social Security Legislations
- The Labour Laws (Simplification of Procedure for Furnishing Returns and Maintaining Registers by Certain Establishments)
- Act, 1988.
- Labour Codes
- Industrial and Labour Laws Audit covering the above Acts and other Industry Specific Acts.
Paper 9.7 – Valuations & Business Modelling (CS Professional Syllabus 2022)
The topics covered under new the syllabus of CS Professional 2022 for the elective paper ‘Valuations & Business Modelling’ are as given below:
Part – I: Valuations (70 Marks)
- Overview of Business Valuation
- Purpose of Valuation
- International Valuation Standards Overview.
- Valuation guidance resources in India.
- Business Valuation Methods
- Steps to establish the Business Worth
- Valuation of Tangibles
- Valuation of Intangibles
- Accounting for share-based payment (Indian AS – 102).
- Valuation during Mergers & Acquisitions.
- Valuation of various magnitudes of Business Organizations
- Valuation of Business during Distressed Sale.
Part – II: Business Modelling (30 Marks)
- Introduction to Business Modelling
- Business Model Analysis: Facets of Analysis
Paper 9.8 – Insolvency – Law and Practice (CS Professional Syllabus 2022)
The topics covered under the new syllabus of CS Professional 2022 for the elective paper ‘Insolvency – Law and Practice’ are as given below:
- Insolvency – Concepts and Evolution
- Introduction to Insolvency and Bankruptcy Code
- Corporate Insolvency Resolution Process
- Insolvency Resolution of Corporate Persons
- Resolution Strategies
- Fast Track Corporation Insolvency Resolution Process
- Liquidation of Corporate Person
- Voluntary Liquidation of Companies
- Adjudication and Appeals for Corporate Persons
- Debt Recovery and Securitization
- Winding-Up by Tribunal
- Cross Border Insolvency
- Insolvency Resolution of Individual and Partnership Firms
- Bankruptcy Order for Individuals and Partnership firms
- Bankruptcy for Individuals and Partnership Firms
- Fresh Start Process
- Professional and Ethical Practices for Insolvency Practitioners