PPSC Junior Auditor Syllabus PDF Download; Exam Pattern & Selection Process

PPSC Junior Auditor Syllabus 2022

Here, Candidates can check out the details of Syllabus for PPSC Junior Auditor Recruitment 2022 Exam. Candidates can also know about the Punjab PSC Junior Auditor Exam Pattern & Selection Process. In below Sections, we have provided the all Details related to Punjab Junior Auditor Exam 2022.

Punjab Public Service Commission (PPSC) has released the detailed Syllabus for upcoming PPSC Junior Auditor Exam 2022. To help all candidates who are going to participate in the Recruitment Process of Jr Auditor Posts, the Punjab Jr Auditor (Group B) EXam Syllabus 2022 is curated from the official website and provided here. Through this Article, Candidates can begin their preparation & get maximum score. Here, Aspirants can also check out the PPSC Junior Auditor Exam Pattern 2022. Also, we have provided a direct link to download the PPSC Junior Auditor Syllabus PDF at the end of this page.

Punjab PSC Junior Auditor Syllabus 2022 – Overview

The Key Highlights related to PPSC Jr Auditor Recruitment 2022 Exam & its Syllabus. in the Below table can know Selection procedure, Exam Date, Posts name, etc.

PPSC, Punjab Junior (Jr) Auditor Selection Process

The selection of Candidates for Junior Auditor Post will be done on the basis of a written exam. The procedure for selection of candidates for the post of Junior Auditor (Group-B) in the Department of Finance, Government of Punjab will be as per the following details:-

PPSC, Punjab Junior (Jr) Auditor Exam Pattern 2022 – Details

The pattern for written competitive examination comprising of 120 questions (@ 4 marks for each question) is as follows:

The important points to note:

• Exam Language: The Language of Question Paper will be the English only.

• Marking: Each question carries 4 four marks and, for each correct answer candidate will get four marks.

• Negative Marking: YES
  • There will be Negative Marking (One Mark for each question) in the written examination for questions wrongly answered i.e. for each incorrect answer, 1 (One) mark will be deducted from the total score.

• Type of Questions: MCQs (Multiple Choice Questions)

• Duration OF Examination: The exam will be of two (02) hours duration.

• Mode OF Examination: The examination is a pen and paper-based, to be answered on the specially designed machine gradable OMR sheet using ball point pen.

PPSC Junior Auditor Syllabus 2022 in detail

Syllabus: PART-A

Financial Accounting

Accounting: Meaning, Scope and Importance, Branches of Accounting, Accounting Concepts and Conventions, Double Entry System, Preparation of Journal, Subsidiary Books including Cash Book.

Ledger, Trial Balance, Preparation of Final Accounts of Sole Traders and Partnership Firm. Distinction between Capital and Revenue items, Depreciation Methods and Accounting including AS-6. Bank Reconciliation Statement.

Accounts relating to Partnership: Admission, Retirement and Death of a Partner, Dissolution of Partnership, Amalgamation of Firms, Sale of Firm to a Company, Gradual Realisation of Assets and Piece Meal Distribution.

Consignment Accounts: Accounting treatment including journal and ledger in the books of consignor and consignee.

Joint Venture: Methods of maintaining Joint Venture Accounts.

E-Accounting: Meaning, Features, Advantages and Disadvantages of Computerized Accounting, Financial Accounting Package – Tally. ERP 9.0: Introduction , Phases of implementation, Configuring Tally, Accounts Management with TALLY.ERP 9.0 Package: Accounts Masters including creating and altering vouchers, Accounts transactions and preparing Trial Balance and Final Accounts.

Corporate Accounting as per the Companies Act, 2013: Issue, forfeiture and re-issue of shares; Redemption of preference shares; Issue and redemption of debentures; Issue of bonus shares and right shares; Underwriting of shares and debentures; Accounts of underwriters.

Final Accounts of companies including computation of managerial remuneration and disposal of profit; Profit prior to and after incorporation; Consolidated Statements of holding companies with one subsidiary only.

Amalgamation, absorption, merger and reconstruction, Accounting for amalgamation of companies as per Indian Accounting Standard 14; Accounting for internal reconstruction; Liquidation Accounts.

Management Accounting

Management Accounting : Meaning, Definition, Nature, Objectives, Scope and Functions of Management Accounting, Management Accounting and Financial Accounting, Management and Cost Accounting; Role of Management Accounting in decision making; Management Accounting Tools; Advantages and Limitations of Management Accounting.

Financial Statements: Concept, Nature, Objectives of Financial Statements, Types of Financial Statements; Limitations of Financial Statements; Analysis and Interpretation of Financial Statements: Techniques of Financial Statements Analysis; Comparative Statements, Common size statements, and Trend analysis.

Ratio analysis : Meaning and significance of Ratio analysis, Classification and interpretation of Ratios- Liquidity ratios, Turnover ratios, , Solvency ratios and Profitability ratios; Advantages and Limitations of Accounting Ratios.

Fund Flow Analysis : Concept of Funds, Sources and Uses of Funds, Managerial uses of Funds Flow Analysis, Statement of Changes in working Capital, Funds Flow Statement.

Cash Flow Analysis : Indian Accounting Standard – 3, Cash Flow Statement.

Cost Accounting

Cost Accounting : Meaning , Objectives, Advantages and Limitations of Cost Accounting, Importance of Cost Accounting to Business Concern. Cost concepts and classification; Preparation of cost sheet.

Accounting for Material : Concept, objectives and techniques of Material Control, Accounting and Control of Purchase, Storage and Issue of Materials; Methods of pricing material issues; Treatment of Material Losses.

Accounting for Labour : Labour cost control procedure; Labour turnover; Idle time and overtime; Methods of wage payment; Time and piece rates; Essentials of a good wage plan, Incentive schemes: Taylor’s differential piece rate system, Halsey plan, Rowan Plan; Fringe benefits.

Accounting for Overheads: Meaning, Classification of Overheads: Element-wise, Functional and Behavioural; Allocation and Apportionment of overheads; Absorption of overheads; Determination of overhead rates; Under and over absorption and its treatment; Treatment of special items of overheads like interest, depreciation, packing expenses, carriage expenses, machinery erection, tools, R&D, advertisement etc.

CVP Analysis: Introduction, Assumptions and Uses; Break-Even Analysis: Break- Even Point, Margin of Safety and Maintaining a desired level of profit; Graphical presentation of CVP Relationship.

Marginal Costing and Management Decisions – Marginal Costing vis-à-vis Absorption Costing; Marginal as a tool for decision making; Marginal Costing Techniques; Marginal Cost and Product Pricing; Change of Product Mix; Make or Buy Decisions; Exploring new markets; Shut Down Decisions.

Budgeting for Profit Planning and Control: Meaning of Budget and Budgetary control; Objectives; Merits and Limitations; Types of Budgets; Preparation of Functional Budgets; Fixed and Flexible Budgeting; Control ratios; Zero Base Budgeting; Performance Budgeting; Responsibility Accounting.

Standard Costing and Variance Analysis: Meaning of Standard Cost and Standard Costing; Advantages and Application.

Variance analysis: Material, Labour and Overhead Variances (two-way analysis).

Syllabus: PART-B

In this Section, The Questions will ask from subjects including General Knowledge, Logical Reasoning & Mental Ability.

General Knowledge & Current affairs

General Knowledge and Current affairs of National and International importance including:
(i) Economic issues.
(ii) Polity issues.
(iii) Environment issues.
(iv) Geography.
(v) Science and Technology.
(vi) Any other current issues.
(vii) (a) History of India with special reference to Indian freedom struggle movement.
(b) History of Punjab- 14th century onwards.

Logical Reasoning, Mental Ability & Quantitative Aptitude

(i) Logical reasoning, analytical and mental ability.
(ii) Basic numerical skills, numbers, magnitudes, percentage, numerical relation appreciation.
(iii) Data analysis, Graphic presentation charts, tables, spreadsheets.

PPSC Junior Auditor Syllabus PDF Download