AP State Audit Subordinate Service Senior Auditor Syllabus
Here’s a comprehensive syllabus for the AP State Audit Subordinate Service Senior Auditor examination:
Part A: General Studies and Mental Ability
General Knowledge:
- Current events of national and international importance.
- Indian Polity and Governance: Constitution, Political System, Public Policy, Panchayati Raj, Rights Issues, etc.
- Economic and Social Development: Sustainable Development, Poverty, Inclusion, Demographics, Social Sector Initiatives, etc.
- Indian History and Culture: Ancient, Medieval, and Modern History with an emphasis on the Indian National Movement.
- Geography: Indian and World Geography – Physical, Social, and Economic Geography of India and the World.
- General Science: India’s achievements in Science and Technology.
- Environmental Issues: Ecology, Biodiversity, and Climate Change.
- Overview of Andhra Pradesh: Geography, History, Cultural Heritage, and Economy.
Mental Ability:
- Analytical Ability and Interpretation.
- Logical Reasoning and Verbal and Non-verbal Reasoning.
- Data Sufficiency.
- Problem Solving and Numerical Ability.
- Sequences, Series, Coding-Decoding, and Puzzles.
- Time and Distance, Ratio and Proportion, Percentages, Simple and Compound Interest, Profit and Loss.
Current Affairs:
- Current events of national and international importance.
- Major developments in Science & Technology, Economic and Social issues.
- Key developments and issues in Andhra Pradesh.
- Major government schemes and initiatives at the Central and State levels.
Part B: State Audit and Financial Management
Principles and Practice of Auditing:
- Auditing: Objectives, Scope, and Importance.
- Types of Audits: Financial Audit, Performance Audit, Compliance Audit, and Internal Audit.
- Audit Planning, Risk Assessment, and Audit Strategy.
- Standards of Auditing: Indian Auditing Standards, Generally Accepted Auditing Principles (GAAP).
- Internal Control Systems and their Evaluation.
Government Accounting:
- Overview of Government Accounting: Principles, Methods, and Procedures.
- Structure of Government Accounts: Consolidated Fund, Contingency Fund, and Public Account.
- Classification of Government Transactions: Revenue, Capital, and Loans.
- Accounting for Government Receipts and Expenditure.
- Preparation of Annual Financial Statements and Budget Estimates.
Financial Management in Government:
- Basics of Financial Management: Concepts, Objectives, and Scope.
- Budgeting: Types, Preparation, Execution, and Monitoring.
- Financial Control and Accountability: Role of Ministry of Finance and Comptroller and Auditor General (CAG).
- Treasury Management: Functions, Cash Flow Management, and Reconciliation.
- Management of Public Debt and Government Borrowings.
Public Finance and Financial Administration:
- Public Finance: Principles, Functions, and Importance.
- Revenue and Capital Budgeting: Differences and Significance.
- Fiscal Policy: Objectives, Tools, and Impact on Economy.
- Public Expenditure: Principles, Classification, and Control.
- Financial Accountability and Transparency in Public Sector.
Audit of Government Accounts:
- Process of Auditing Government Accounts: Pre-Audit, Concurrent Audit, and Post-Audit.
- Role and Functions of the State Audit Department.
- Techniques of Auditing: Vouching, Verification, and Analytical Procedures.
- Audit of Receipts and Expenditure: Procedures and Compliance.
- Preparation of Audit Reports: Structure, Content, and Presentation.
Internal Audit and Control:
- Concept of Internal Audit: Objectives, Scope, and Functions.
- Internal Audit Process: Planning, Execution, and Reporting.
- Evaluation of Internal Control Systems: Financial, Operational, and Compliance Controls.
- Role of Internal Audit in Risk Management and Governance.
- Reporting and Follow-up on Internal Audit Findings.
Audit of Local Bodies and Public Sector Undertakings:
- Structure and Functions of Local Bodies: Panchayats, Municipalities, and Corporations.
- Audit of Local Bodies: Procedures, Standards, and Compliance.
- Financial Reporting in Local Bodies: Preparation and Presentation.
- Audit of Public Sector Undertakings (PSUs): Scope, Procedures, and Challenges.
- Role of the State Audit Department in auditing Local Bodies and PSUs.
Taxation and Public Revenue:
- Overview of Taxation: Direct and Indirect Taxes.
- Structure of Indian Tax System: Income Tax, GST, Customs, and Excise.
- Tax Administration: Assessment, Collection, and Enforcement.
- Revenue Audit: Objectives, Techniques, and Procedures.
- Tax Evasion and Tax Avoidance: Detection and Prevention Measures.
Legal and Regulatory Framework:
- Legal Provisions related to Auditing and Financial Management.
- Relevant Acts and Regulations: CAG’s Duties, Powers, and Conditions of Service Act, 1971; Andhra Pradesh State Audit Act.
- Statutory and Regulatory Requirements for Financial Reporting.
- Legal Framework governing Local Bodies and Public Sector Undertakings.
Performance and Efficiency Audit:
- Concept of Performance Audit: Objectives, Scope, and Techniques.
- Efficiency, Economy, and Effectiveness: Three E’s of Performance Audit.
- Performance Indicators: Development, Measurement, and Evaluation.
- Audit of Public Sector Projects: Methodology and Reporting.
- Case Studies on Performance Audit.
IT and E-Governance in Audit:
- Role of Information Technology in Auditing.
- E-Governance initiatives in Financial Administration and Audit.
- Computer-Assisted Audit Techniques (CAATs).
- Audit of Information Systems: Objectives, Standards, and Procedures.
- Cybersecurity and IT Risks in Public Financial Management.
Recent Developments in Auditing and Financial Management:
- Emerging Trends in Auditing: Environmental Audit, Social Audit, Forensic Audit.
- Reforms in Public Financial Management.
- International Practices in Government Auditing and Accounting.
- Impact of Globalization on Public Finance and Audit.
- Recent Legal and Regulatory Changes affecting Audit and Finance.
Part C: Analytical Skills
Quantitative Techniques:
- Basic Arithmetic: Percentages, Ratios, Proportions, Averages, Simple and Compound Interest.
- Data Interpretation: Tables, Graphs, Charts, and Statistical Analysis.
- Probability and Statistics: Mean, Median, Mode, Standard Deviation.
- Financial Mathematics: Time Value of Money, Discounted Cash Flow, and Net Present Value.
- Problem Solving and Decision Making using Quantitative Techniques.
Logical Reasoning and Analytical Ability:
- Logical Reasoning: Patterns, Sequences, Analogies, Coding-Decoding.
- Critical Thinking: Arguments, Assumptions, and Conclusions.
- Analytical Reasoning: Puzzles, Data Sufficiency, and Problem-Solving Techniques.
- Interpretation and Analysis of Financial Data.
- Case Studies on Financial and Audit Issues.
