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Compliance Management [1]

Paper Code: 
BCS 513
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

To acquire expert knowledge about case studies relevant to various Compliances.

BCS 513

Compliance management

CO 141:Develop expertise in Compliance management, Internal control systems and preparation of various search and status reports

CO 142:understand the importance of the compliance framework in an organization and role of the management

CO 143:Understand the importance of the documentation and record maintenance and the principles of the good documentations.

CO 144:Understand the meaning, nature of search and status report, scope and its importance, legal provisions involved under Companies Act, 2013 relating to creation, modification and satisfaction of charges.

CO 145:understand the various KYC requirements and consequences of the incomplete KYC or for Non performing KYC before accepting any engagement

CO 146:Understand  various aspects which is to be considered by the professional while certifying the e-forms

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments, Demonstration,

Learning activities for the students:

Self learning assignments, Effective questions,  presentation, Giving tasks,

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

 

9.00
Unit I: 
Compliance Framework

Identification of applicable laws, rules, regulations; Risk Assessment; Responsibility center mapping/ allocation; Escalation & reporting; Creation of Compliance framework and reporting system; Review &Updating; Training  & Implementation.

 

9.00
Unit II: 
Compliances

a) Entity wise: Public, Private, Listed, Government, Small Companies, OPC, Section 8 Company, LLP – Annual and Event based compliances.

b) Activity wise: Compliances related to specific activities undertaken.

c) Sector wise: Service Sector, Manufacturing, Trading, E-commerce, Mining, Infrastructure.

d) Industry Specific: Compliances with Industry Specific Laws applicable to the company such as Tourism, Pharmaceutical,

FMCG, Hospitality, Information Technology etc.

e) State and Local applicable laws

 

9.00
Unit III: 
Documentation & maintenance of records:

Electronic versus Physical repository; General principles of good documentation, coding, storage, preservation, safety & retrieval; Privacy & Control.

 

9.00
Unit IV: 
Search and Status Report :

Type of Searches, Purpose and Objective of Search Reports, Search under Companies Act, IPR Laws, Property Title Search, Compilation & verification of data published by MCA 21, SEBI, RBI, Stock Exchanges, other regulators/ authorities (national/international), Web-sites and other sources.

KYC: Carrying out KYC with respect to directors, promoters and client, Compliance with the applicable ICSI Guidelines.

 

9.00
Unit V: 
Signing and Certification

Various Certification(s) by Company Secretary in practice; Pre-certification of Forms; Signing &certification of Annual Return; Corporate Governance Certification; Obligations and Penal provisions.

Segment-wise Role of Company Secretaries: Knowledge about the segment(s) in which the company is operating, Industry trends and national and international developments. Segment-wise Compliances.

 

References: 

• Study Material Published by ICSI • Scanner: Arun Kumar (SuchitraPrakashans P Ltd)

Academic Year: 
2020-2021 [2]

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Source URL: https://accountingtaxation.iisuniv.ac.in/courses/subjects/compliance-management-1

Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/compliance-management-1
[2] https://accountingtaxation.iisuniv.ac.in/academic-year/2020-2021