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CIL MT-2025 FINANCE EXAM SYLLABUS

COAL INDIA LTD MANAGEMENT TRAINEE EXAM-2025 FINANCE EXAM SYLLABUS

1. Accounting

Accounting Standards, Introduction to Accounting Standards, Overview of Accounting Standard AS1: Disclosure of Accounting Policies, AS 2:Valuation of Inventories AS 3: Cash Flow Statements, AS 6: Depreciation Accounting, AS 7: Construction Contracts, AS 9: Revenue Recognition, AS 10: Accounting for Fixed Assets, AS 13: Accounting for Investments, AS 14: Accounting for Amalgamation - Financial statements of Company- Preparation of financial statements- Cash flow Statement (Profit and Loss Account, Balance Sheet and Cash Flow Statement)-Profit/Loss prior to incorporation- Accounting for Bonus Issue, Amalgamation and Reconstruction, Average Due Date and Account Current, Self- Balancing Ledgers, Financial Statements of Not-for-Profit Organizations, Accounts from Incomplete Records, Accounting for Special Transactions.

Hire purchase and instalment sale transactions

Investment accounts

Insurance claims for loss of stock and loss of profit Issues in Partnership Accounts

Accounting in Computerized Environment.

2. Business Laws

The Indian Contract Act, 1872

The Negotiable Instruments Act, 1881

The Payment of Bonus Act, 1965

The Employees' Provident Fund and Miscellaneous Provisions Act, 1952

The Payment of Gratuity Act, 1972

3. Company Law

The Companies Act, 2013, Preliminary, Prospectus, Share and Share capital

Appointment of Auditors

Audit Committee

Powers of Board of Directors

Dividend/Bonus Shares

4. Cost Accounting

Introduction to Cost Accounting, Materials, Labour, Overheads, Non-Integrated Accounts, Methods, Job and Batch, Contract, Operating, Process and Operation, Standard Costing, Marginal Costing, Budgets and Budgetary Control.

5. Financial Management

Scope and Objectives of Financial Management, Time Value of Money, Financial Analysis and Planning, Financing Decisions, Types of Financing, Investment Decisions, Management of working capital.

6. Tax

The Income-tax Act, 1961, Basic concepts, Residential status and scope of total income, Incomes which do not form part of total income (Sec 10), 5 Heads of income, Provisions of Clubbing, Set-off and carry forward of losses, Deductions from gross total income, Computation of total income and tax payable. Provisions concerning Advance tax and TDS, Provisions for filing of return of income.

GST: Concept of Supply under GST, Input Tax Credit under GST, Place of Supply, Concept of Inverted Duty Structure, GST TDS provisions, E- invoicing under GST, E-way Bill provisions, Invoice/Debit Note/Credit Note rules and timelines.

7. Advanced Accounting

Conceptual Framework for Preparation and Presentation of Financial Statements Accounting standards,

AS 4: Contingencies and Events occurring after the Balance Sheet Date

AS 5: Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting

Policies

AS 11: The Effects of Changes in Foreign Exchange Rates

AS 12: Accounting for Government Grants

AS 16: Borrowing Costs

AS 19: Leases

AS 20: Earnings per Share

AS 26: Intangible Assets

AS 29: Provisions, Contingent Liabilities and Contingent Assets

Advanced Issues in Partnership Accounts, Company Accounts, Employee stock option plan and Buy back of securities, Amalgamation and Reconstruction, Underwriting of shares and debentures, Redemption of debentures, Accounting for Special Transactions, Insurance Companies, Banking Companies, Electricity Companies, Departmental accounts, Branch accounts including foreign branches.

8. Auditing and Assurance

Auditing Concepts, Auditing and Assurance Standards, Preparation for an Audit, Internal Control, Vouching, Verification of Assets and Liabilities, Company Audit, Audit Report, Special Audit.

Note*- The above syllabus is indicative in nature and not Exhaustive. The Topics, Acts and

Rules mentioned above includes the latest concepts in existence with regard to the specified

topics and in respect of Acts/Law, latest amendments upto date.