30 POSTS OF SENIOR ASSISTANT (ACCOUNTS) (GROUP B)

PPSC 30 POSTS OF SENIOR ASSISTANT (ACCOUNTS) (GROUP B) IN THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (PUDA), GOVERNMENT OF PUNJAB.

PPSC Official Website - https://www.ppsc.gov.in/

INITIAL PAY: Rs. 35400

ESSENTIAL QUALIFICATIONS:

1. B.Com. from a recognized University with a minimum score of 50% marks AND possesses;

(i) At least one hundred and twenty hours Course with hands on experience in the use of Personal Computer or Information Technology Office Productivity Applications or Desktop Publishing Applications from a Govt. recognized institution or a reputed institution, which is ISO 9001 certified.

OR

(ii) Certification in usage of Computers equivalent to "O" Level Certificate of Department of Electronics Accreditation of Computer Courses (DOEACC) of Govt. of India.

Preference will be given to candidates who have done Post Graduation in Commerce and/or have done a certification course in the use of accounting software.

2. Should have passed Punjabi of Matric or its equivalent Standard.

Provided further that where a ward of Defence Service Personnel, who is a bonafide resident of Punjab State, is appointed by direct appointment, he shall have to pass an examination of Punjabi Language equivalent to Matriculation Standard or he shall have to qualify a test conducted by the Language Wing of the Department of Education of Punjab Government within a period of two years from the date of his appointment. Provided further that where a War Hero, who has been discharged from defence services or paramilitary forces on account of disability suffered by him and his widow or dependent member of his family, is appointed under the instructions issued in this behalf by the Government, the person so appointed will not be required to possess afore said knowledge of Punjabi language:

IMPORTANT NOTE: The candidates MUST possess the requisite qualification before or by 13/08/2022.

AGE

1.Candidates should not be below 18 years and above 37 years of age as on 01/01/2022.

2. The upper age limit may be relaxed up to 45 years for Punjab Government employees, the employees of its Boards/Corporations/Commissions and Authorities, and all States/ Central Government employees.

3. The upper age limit is relaxed up to 42 years for Scheduled Castes and Backward Classes of Punjab.

4. Ex-servicemen of Punjab Domicile shall be allowed to deduct the period of his service in the Armed Forces of Union from his actual age and if the resultant age does not exceed the maximum age limit prescribed for direct appointment to such a vacancy in the Service Rules concerned by more than three years, he shall be deemed to satisfy the condition regarding age limit.

5. The upper age limit is also relaxed up to 42 years for widows, divorcees and certain other categories of women.

6. The upper age limit is also relaxed up to 47 years for "Persons with Disability" of Punjab. Note: Provisions mentioned in Punjab Civil Services (General and Common Conditions of Service) Rules, 1994 amended from time to time may be considered

Note: Provisions mentioned in Punjab Civil Services (General and Common Conditions of Service) Rules, 1994 amended from time to time and Punjab Urban and Development Authority (Employees Service) regulations, 1999 may be considered.

SUBMISSION OF APPLICATION FORM

The candidates can ONLY apply by filling Online Application Form, a link of which is available on the website of the Commission https://ppsc.gov.in. No other mode of application will be accepted.

 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 reissue 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: BreakEven 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).

PART-B

General Knowledge, Logical Reasoning & Mental Ability

(a) 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.

PATTERN AND SCHEME OF COMPETITIVE EXAMINATION FOR SELECTION

1. PROCEDURE FOR SELECTION -

The procedure for selection of candidates for the post of Senior Assistant(Accounts) (GroupB) in the Department of Housing and Urban Development (PUDA), Government of Punjab will be as per the following details:-

As per the instructions of Govt. of Punjab, Department of Personnel issued vide its letter no. 12/152/2015-5P.P.2/720133/1 dated 28/03/2016 and Letter no. PERS-PP3020/1/2022-3PP3/I/351769/2022 dated 28/04/2022, the selection for the post will be finalized on the basis of written examination only.

The written competitive examination for the post will be scheduled soon

2. PATTERN OF THE WRITTEN COMPETITIVE EXAMINATION

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

Official Notification