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Subject list and preparation tips for CS Professional

CS Professional is the final stage to become a company secretary. It is important to understand the CS Professional syllabus and topics to prepare for the CS Professional exam 2024. There are a total seven subjects in which two are elective subjects and these are divided in two modules:

Module 1

Module 2

All of the subjects are theoretical and descriptive type questions only. You have to practice more to improve your score. 

Subject list for the CS Professional Exam

Module 1

Module 2

Paper 1 Environmental, Social, and Governance (ESG) – principles and practice

Part – I Governance and Sustainability 

Part – II Risk management

Part – III Environment and Sustainability Reporting

Paper 5 Strategic Management and Corporate Finance

Part – I Strategic Management

Part – II Corporate Finance

Paper 2 Drafting, Pleadings, and Appearances

Part – I Drafting and Conveyancing 

Part – II Pleadings and Appearances

Paper 6 Corporate Restructuring, Valuation, and Insolvency

Part – I Corporate Restructuring

Part – II Valuation

Part – III Insolvency, Liquidation, and Winding Up

Paper 3 Compliance Management, Audit & Due Diligence

Part – I Compliance Management

Part – II Audit and Due Diligence

Paper 7 Elective 2 (select one out of 5 elective papers)

Paper 4 Elective 1 (select one paper out of 4 elective papers)

  

 

Elective Papers list for the CS Professional

Elective 1

Elective 2

Paper 4.1 CSR and Social Governance

Part – I Corporate Social Responsibility

Part – II Social Governance

Paper 7.1 Arbitration, Medication, and Conciliation

Part – I Arbitration and Conciliation

Part – II Mediation

Paper 4.2 Internal and Forensic Audit

Part – I Internal Audit

Part – II Forensic Audit

Paper 7.2 Goods and Services Tax (GST) and Corporate Tax Planning

Part – I Goods and Services Tax (GST)

Part – II Corporate Tax Planning

Paper 4.3 Intellectual Property Rights Law and Practice

Paper 7.3 Labour Laws and Practice

Paper 4.4 Artificial Intelligence, Data Analytics, and Cyber Security – Laws and Practice

Paper 7.4 Banking and Insurance – Laws and Practice

Part – I Banking Laws

Part – II Insurance Laws
 

Paper 7.5 Insolvency and Bankruptcy – Law and Practice

 

Subject wise preparation tips for CS Professional exam

                     Paper 1: ESG – Principles and Practice

In the CS Professional exam ESG is the first paper and this is all theory based paper. You have to understand the laws and principles of the environmental, social, and government. You have to focus on those topics which have more weightage. Understand the risk management techniques and apply these concepts with the help of the mock tests and case studies.

Paper 2: Drafting, Pleadings, and Appearances

This paper is divided into two parts, the first one is Drafting and Conveyancing (70 Marks) and the other one is Pleadings and Appearances (30 marks). You have to learn the laws, agreements, contract management, companies act 2013 etc.

Drafting and Conveyancing has more weightage so you should have more focus on those topics and try to understand the concepts. 

Paper 3: Compliance Management, Audit & Due Diligence

To prepare for the compliance management, you have to understand the laws and regulations, and learn how to implement the compliance programs. Audit and Due Diligence has more weightage as compared to Compliance management. You should learn the different types of the audits, its objectives, audit standards, audit methodology, audits of due diligence, types and techniques of due diligence. You should memorize the correct standards to increase score in exams.

Paper 5: Strategic Management and Corporate Finance

Make sure you understand the fundamentals, analysis skills, planning, business policies, and formulations etc. of the strategic management. You have to focus on the sources of the corporate funds, raising funds, foreign funds, project evaluations, laws and procedures of the corporate finance. Try to write answer in technical language or words. It helps to increase your scores in the exams.

Paper 6: Corporate Restructuring, Valuation, and Insolvency

This paper is divided in three parts, the corporate restructuring is of 40 marks, the valuation is of 20 marks, and the insolvency is of 40 marks. You have to more focus on the first and third part as compared to second part. You should study the case studies, types of corporate restructuring, accounting treatments, accounting standards which are set by the ICSI. You may use the ICSI study material for better preparation. 

Additional Preparation tips for CS Professional exam

  • Understand the exam pattern and syllabus which are set by the ICSI. Know the importance of each topic and weightage of each section.
  • For improve presentation attempt the previous year question papers, MTP’s.
  • Try to prepare your own notes for revising the syllabus during the exam days.
  • Revision at least 3 times before exams. If you are unable to make a schedule for revision then Bhagya Achievers test series provides best study schedule for exam preparation.
  • With the help of the attempting mock tests, you can identify your strengths and weaknesses.
  • After revising the syllabus analyze your performance on weekly basis.
  • You should stay updated with the exam changes.
  • Practice questions with case studies, it increases the chances of score high in the exams.
  • You should understand the concepts not just memorize them.
  • Allocate your time between subjects according to your schedule and make a proper study schedule.

Also check

Career Opportunities after CS

Importance of mock tests

Importance of test series

 

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