Paper 5 (Part A): Advanced Management Accounting
Addition:
- Modern Business Environment
- Supply Chain Management (SCM)
- Gain Sharing Arrangements
- Outsourcing
- Lean System and Innovation
- Introduction to Lean System
- 5 Ss
- Total Productive Maintenance (TPM)
- Cellular Manufacturing/ One-Piece Flow Production Systems
- Six Sigma (SS)
(B) Introduction to Process Innovation and Business Process Re-engineering (BPR)
- Cost and Management Accounting Techniques
- Value Analysis/Value Engineering
Paper 6A : Financial Services and Capital Markets (New Paper)
- Indian Financial System
- Financial Market
- Capital Market
- Primary Market
- Secondary Market
- Money Market Instruments
- Equity Market
- Debt Market
- Capital Market
- New Issue Market
- Right Issue
- Secondary Market
(a) Stock Market Operations
(b) Indian Debt Market
- Commodity Market
- What are Commodity Markets
- Role of Commodity Markets
- Commodity Market in India
- Application of Derivative in Commodities
- Global Commodities Exchanges
- Derivatives Analysis and Valuation
- Forward/ Future Contract
- Options
- Swaps
- Merchant Banking
- Basics
- Meaning
- Organization
- Scope of Merchant Banking
- Functions of Merchant Banking
- Mutual Funds
- Meaning
- Evolution
- Types
- Performance Measures
- Mutual Fund Organisation
- Advantages and Disadvantages of Mutual Fund
- Exchange Traded Funds (ETFs)
- Factoring and Forfaiting
- Introduction and Concept
- Factoring and Bill Discounting
- Mechanism
- Service Package
- Types of Factoring
- Benefits and Problems of Factoring
- Financial Aspects of Factoring
- Financial Evaluation of Factoring Decision
- Forfaiting
- Credit Rating
- Introduction
- Rating Services
- Objectives and types
- Uses
- Credit Rating Process
- Credit Rating Methodology
- Rating Revisions
- Credit Rating Agencies in India
- Limitations
- SEBI and Credit Rating
- Securitization
- Introduction
- Concept and Definition
- Benefits of Securitization
- Participants in Securitization
- Mechanism of Securitization
- Problems in Securitization
- Securitization Instruments
- Pricing of Securitization Instruments
- Securitization in India
- Private Equity
- Meaning and Classification
(a) Venture Capital
(b) Buyouts
(c) Special Cases
- Risk and Cost of Investing in Private Equity
- Exit Routes
- Valuation of Private Equity Transactions
- Private Equity Funds
- Investment Banking
- Concept
- Functions
- Challenges
- Developments in Investment Banking
- The Securities and Exchange Board of India Act, 1992
- Rules
- Regulations
- Guidelines issued thereunder
- Legislative framework on listing agreements
- The Securities Contract (Regulation) Act, 1956
- Chapter III-D of the RBI Act, 1934
Paper 6B : Information Systems Control and Audit
No Changes
Paper 7 : Advanced Direct Tax Laws and International Taxation
Part I: Advanced Direct Tax Laws
No Changes
Part II: International Taxation
(1) International Taxation provisions under the Income-tax Act, 1961, including
(v) Specific Reporting Regime in respect of Country by Country reporting and master file
(vi) Tax incentives to International Financial Services Centre
(2) Equalisation levy
(3) Overview of Model Tax Conventions 4
(4) Tax treaties: application and interpretation
(5) Tax Information Exchange Agreements
(6) Base Erosion and Profit Shifting
(7) Law and Procedures under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015.
Paper 8 : ADVANCED INDIRECT TAX LAWS
No Changes