Exam Details

• Post Name: Accounts Officer
• Department: Kerala State Poultry Development Corporation (KELPAM)
• Paper Code: 239/2015
• Date of Examination: 30th December 2015

Exam Pattern and Syllabus

The Accounts Officer exam followed a multiple-choice question (MCQ) format, covering topics related to accounting, financial management, taxation, auditing, and general awareness. Below are the key subjects included in the exam:

1. Principles of Accounting & Financial Accounting

This section tested candidates on the fundamentals of accounting, including:

• Accounting Concepts and Conventions
• Journal Entries, Ledgers, and Trial Balance
• Preparation of Final Accounts (Trading, Profit & Loss, and Balance Sheet)
• Depreciation Accounting and Methods
• Partnership and Corporate Accounting

2. Cost Accounting & Management Accounting

As an Accounts Officer, understanding cost management is crucial. This section included:

• Costing Methods (Job Costing, Process Costing, Marginal Costing)
• Budgeting and Budgetary Control
• Standard Costing and Variance Analysis
• Financial Statement Analysis
• Capital Budgeting and Investment Decision Making

3. Auditing and Internal Control

Auditing principles and internal control mechanisms were tested, covering:

• Types of Audits (Internal, Statutory, Tax, and Management Audit)
• Vouching and Verification of Assets & Liabilities
• Audit Reports and Audit Documentation
• Role and Responsibilities of an Auditor
• Risk Assessment and Fraud Detection

4. Taxation: Direct & Indirect Taxes

Tax laws and compliance-related questions included:

• Basics of Income Tax and Tax Computation
• Goods and Services Tax (GST)
• Corporate Taxation
• Excise Duty, Customs Duty, and VAT (as per 2015 regulations)
• Tax Planning and Compliance

5. Financial Management & Government Accounting

Candidates were tested on financial decision-making and government accounting procedures, including:

• Working Capital Management
• Ratio Analysis and Financial Performance Evaluation
• Fund Flow and Cash Flow Statements
• Public Financial Management System (PFMS)
• Kerala Financial Code and Treasury Rules

6. Business Laws & Corporate Governance

A section dedicated to legal and regulatory frameworks, covering:

• Indian Contract Act, 1872
• Companies Act, 2013
• Negotiable Instruments Act, 1881
• SEBI Regulations and Corporate Governance Practices
• Ethics in Accounting and Financial Reporting

7. General Knowledge, Current Affairs & English Language Proficiency

Apart from subject-specific knowledge, candidates were tested on:

• Kerala and India’s General Knowledge
• Economic and Financial Current Affairs
• Indian Polity and Constitution
• English Grammar, Vocabulary, and Comprehension

    Click the below link to download PDF format of Kerala PSC Previous Question Paper of Accounts Officer