Today we are providing tips to prepare Secretarial Audit Compliance Management and Due Diligence. ICSI has given subject wise specific guidance to CS Professional students who are going to write CS Professional Exam.
How to Prepare CS Professional Secretarial Audit. In previous post we have given Secretarial Audit previous exams question papers. Read below !!
How to Prepare CS Professional Secretarial Audit
The prevailing business environment encompass economic, social, environmental, cultural, governance facets, that demands the entrepreneurs and professionals, to take right strategic decisions, by analyzing each of the said facets in scientific manner. Due diligence and compliance management helps in analyzing these aspects taking into consideration the nature of business, type of industry etc., and identifies the potential issues, advantages and gaps that help in arriving at a right strategic decision. Further the aspects such as secretarial audit and secretarial standards accentuate the governance platform and compliance management. While this study lesson covers broader aspects of due diligence, secretarial standards, secretarial audit, compliance management etc. That’s why it is important to prepare for CS Professional Secretarial Audit Compliance Management.
CS Professional Secretarial Audit Important Preparation Tips
The students are expected to take the following initiatives, to acquire the application oriented knowledge, which they may use, during their professional career too.
The students are expected to take the following initiatives, to acquire the application oriented knowledge, which they may use, during their professional career too.
1.Reading secretarial standards.
2. Be aware of regulatory changes.
3. Be aware of nature of business, types of industry, technology etc., broadly. It requires reading of economic dailies on day-to-day basis.
4. Understanding business environment in the context of strategic decisions.
5. Understanding the environmental, cultural, social issues in a business transaction, besides economic impact.
6. Developing application oriented linking of regulatory provisions with the business that requires due diligence.
7. Reading case studies on transactions that requires due diligence. For example. Mergers, takeovers etc.
8. For updations, Students are advised to read ‘Student Company Secretary e-bulletin’, Chartered Secretary, Bare Acts, recommended books and other publications on the subject.
The students are advised to be thorough with the compliance aspects under various legislations including Companies Act, FEMA, Competition Act, Environmental laws, Capital Market Regulations and other economic legislations. They may visit websites of SEBI, MCA, RBI, CCI and other relevant regulators at regular intervals to know and update themselves about the compliance aspects.
How to Pass CS Professional Exam
Here we are providing subject wise guidance to CS Professional students. See below How to prepare CS Professional Module – 1, Module – 2, Module – 3 and Elective Papers. Click below links :
Module I
Module II
Module III
Elective 1 out of below 5 subjects
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