PIPFA

Syllabus Winter-2019
for
PRAD
(Updated 2020)
 Table of Contents
PIPFA Syllabus for PRAD,

Level-1
1. Quantitative Methods (Computer Based Examination)
2. Basic Accounting (Computer Based Examination)
3. Business English (Public Sector) (Subjective)
Level-2
1. Cost Accounting (Computer Based Examination)
2. Business Economics (Computer Based Examination)
Public Financial Management, Financial Rules and Budgeting
3.
(Application) (Federal)
4. Public Sector Accounting (Theory)
5. Public Sector Accounting (Application)
Level-3
1. Audit and Assurance (PS) (Without books)
2. Public Finance
3. Management Accounting
4. Public Sector Business Communication & Report Writing
Computer Competency Practical Training
Level-4
1. Service Rules (Application)
Constructions, Project Management and Contract
2.
Evaluation(Application)
3. Stores, Workshops and Services Accounts (Application)
4. General and Revenue Accounts of Railways (Application)
 PRAD Syllabus-Winter2019 (updated)

Level -1
1. Quantitative Methods (Computer Based Exam)
2. Basic Accounting (Computer Based Exam)
3. Business English (Public Sector) (Subjective)

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1. Quantitative Methods
Computer Based Exam (CBE)

Level: 1 Subject: 1 Marks: 100

Learning Outcomes
On the successful completion of this paper, candidates will be able to:
1 Understand basic mathematical tools that would be used in financial analysis at the
next levels
2 Apply financial mathematics to solve problems related to financial management
3 Use calculus to solve maximization and minimization problems
4 Solve problems involving linear programming by the use of graphical methods
5 Understand different methods of collecting and presenting statistical data
6 Compute and analyse measures of central tendency and measures of dispersion
7 Understand the concept of index numbers and their practical applications
8 Using regression and correlation analysis to study historic trends and predicting
changes in dependent variable on the basis of its relationship with independent
variable
9 Compute probability involving discreet as well as continuous data
10 Making decisions using sampling techniques involved in hypothesis testing,
confidence interval estimation and determination of probability
Specification Grid

S. No. Syllabus Contents Area Weightage %

A Business Mathematics
1 Basic Mathematics 10 – 15
2 Mathematics of Finance 15 – 20
3 Calculus and Linear Programming 15 – 20
B Statistical Data Analysis for Decision Making
4 Statistical Concepts 10 – 15
5 Correlation & Regression Analysis 10 – 15
6 Probability and probability distribution 10 – 15
7 Sampling and decision making 10 – 15
Total 100

PAPER Format:
 Paper will be computer based and 50 questions of 2 marks each will be asked.

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A Business Mathematics

1. Basic Mathematics
a) Exponential and logarithmic functions.
b) Equation of straight line and its application.
c) Simultaneous linear equations and their application.
d) Solving Quadratic Equation.
e) Factorization of Equations (Square of sum of two expressions, Square of difference of
two expressions, Difference between two squares, Completion of squares).
f) Co-ordinate System (Understanding of slope, intercept, slope intercept form of
equation and preparation of graph of linear equations).
g) Arithmetic and Geometric progression and their applications.

2. Mathematics of Finance
a) Simple and compound interest.
b) Annual, periodic and effective interest rates.
c) Time value of money.
d) Present Value and Discounting.
e) Future values
f) Net Present Value
g) Annuities and Perpetuities
h) Internal rate of return (including the use of interpolation)

3A Calculus
a) Rules for finding derivatives (Sum, difference, product and quotient rule).
b) Marginal Revenue, Cost and Profit functions.
c) Maximization and minimization problems and the use of second order derivatives.
3B Linear Programming
a) Linear inequalities
b) Converting simple situations into linear inequalities.
c) Graphical solution to linear programming problems.
d) Feasible region (bounded as well as unbounded), redundant constraints, no feasible
solution, alternative optimum solution.

B Statistical Data analysis for Decision- making

4 Statistical Concepts
a) Collection and tabulation of data.
b) Bar charts, pie charts, histograms, frequency polygons, ogives, stem and leaf display.
c) Measures of central tendencies (Arithmetic/geometrics/harmonic means, median,
mode).
d) Measures of dispersion (standard deviation, variance).
e) Index numbers, weighted index numbers (Laspeyre, Paasche and Fisher price
indices), purchasing power and deflation of income.

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5 Correlation & Regression analysis

a) Scatter diagram
b) Linear regression lines by method of least squares
c) Co-efficient of correlation and determination
d) Rank correlation
e) Interpretation

6 Probability and probability distribution

a) Permutations and Combinations
b) Probability
c) Addition law for mutually exclusive and not mutually exclusive events
d) Multiplicative laws for dependent and independent events
e) Probability Distributions (Binomial, Hyper-geometric and Normal)

7 Sampling and decision- making

a) Population and sample.
b) Random Sampling
c) Sampling Distribution and Sampling Error of mean
d) Sampling with and without replacement
e) Hypothesis testing (population mean, population proportion, difference between
population mean, proportion and variance.
f) Estimation (Confidence intervals for population mean, proportion and variance and
difference between population mean, proportion and variance.
g) Chi-Square distribution (test of independence and test of goodness of fit).

Prescribed Books:

Study Text prescribed by ICAP

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2. Basic Accounting
Computer Based Exam (CBE)

Level: 1 Subject: 2 Marks: 100

Learning Outcomes

On the successful completion of this paper, candidates will be able to:

1 Understand how businesses are organized and the different types of business
transactions.
2 Identify financial transactions and make journal entries.
3 Understand the formats of special journals and record entries therein.
4 Prepare journal ledger accounts and trial balance.
5 Make adjustments prior to preparation of final accounts.
6 Prepare bank reconciliation statements, reconcile control accounts with subsidiary
ledger and make related correcting entries in general and subsidiary ledgers.
7 Prepare financial statements of a sole trader
8 Prepare accounts from incomplete records

Specification Grid

S. No. Syllabus Contents Area Weightage %

1 Introduction to Accounting 8 – 12
2 Book Keeping 35 – 45
3 Preparation of Financial Statements of a sole trader. 20 – 30
4 Preparation of Accounts from Incomplete Records. 20 – 30
Total 100

PAPER Format:
 Paper will be computer based and 50 questions of 2 marks each will be asked.

1. Introduction to Accounting
a) Business Entities and Business Transactions
b) Forms of business organizations (sole proprietorship, partnership, company)
c) Fundamental accounting concepts (Accrual, going concern, true and fair view,
consistency, prudence, substance over form, materiality, completeness.
d) Financial Statements (Components, responsibility, presentation, users).

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2. Book Keeping
a) Elements of financial statements (Assets, Liabilities, Equity, Income, Expense).
b) Double entry system and rules for debit and credit.
c) General Journal
d) Cash Book
e) Sales Journal and Sales Ledger
f) Purchase Journal and Purchase Ledger
g) General Ledger
h) General Ledger Control Accounts and their reconciliation with subsidiary ledgers.
i) Bank Reconciliation Statement

3. Preparation of Financial Statements of a sole trader

a) Unadjusted trial balance
b) Adjustments
i) Depreciation on fixed assets and methods of depreciation (Straight Line,
Diminishing Balance, Sum of Years’ digits, Number of Units produced).
ii) Allowance for bad debts and write offs
iii) Closing inventory.
iv) Pre-payments and accruals
v) Correction of errors including those relating to bank reconciliations and other
control account reconciliations.
c) Statement of Financial Position (Balance Sheet)
d) Income Statement

4. Preparation of Accounts from incomplete records

Prescribed Books:

Study Text prescribed by ICAP

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3. Business English (Public Sector)

(Subjective)
Level: 1 Subject: 3 Marks: 100

Learning Outcomes
On the successful completion of this paper candidates will be able to acquire Medium
Level knowledge and skill to:

1 Apply knowledge and demonstrate inter-personal and intra-personal skills

2 Have a reasonably large vocabulary and the ability to use the different words in
Business English and Fiscal English
3 Construct grammatically correct sentences

4 Demonstrate good English comprehension skills

5 Understand and write various types of communication in public sector i.e. noting,
drafting, audit paras development, report writing, etc.

Specification Grid
S. No. Syllabus Contents Area Weightage %
Fundamentals of communication, Inter-personal & intra-
1 15-25
personal skills
2 Vocabulary 10-15
3 English Grammar and Comprehension 20-30
4 Fiscal English 15-20
5 Types of communication in public sector and their preparation 20-30
Total 100

PAPER Format:
 The above weightage is for guidance purposes only and deviations in setting of
paper may be expected.
 Paper will be Subjective.

99
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1. (a) Fundamentals of Communication

(i) Fundamentals of Communication –Overview
(ii) Definition, Goals, Patterns and Channels of Communication
(iii) Information needs, Components of Communication Process,
Methods, Barriers
(iv) Formal and informal communication and different Types of
Communication networks
(v) Seven Cs of effective communication

(b)Inter-personal and Intra-personal skills

(i) Axioms and purposes of Inter-personal communication
(ii) Forms of Communication

 Oral Communication
 Written Communication.
(iii) Listening Skills
(iv) Non-Verbal Communication
(v) Ethics and Inter-Personal Communication
Basic aspects of Intra-personal (self-concept, perception &
expectation)

2. Vocabulary
(i) Identify the correct meaning of words (A list of approximately 3,000
commonly used words would be provided by PIPFA .
(ii) Identification of synonyms and antonyms of the above words
(iii) Using the above words into sentences.

3. English Grammar and Comprehension

(i) Sentences - an introduction
(ii) Kinds of Sentences
(iii) Parts of speech
(iv) Rules for formation of sentences
(v) Forms of verb
(vi) Pair of Words
(vii) Phrases and Idioms
(viii) Use of Tenses
(ix) Active and Passive Voice
(x) Direct and Indirect Speech
(xi) Punctuation.

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4. Fiscal English

(i) Identify the correct meaning of words of Fiscal English,

especially those commonly used in public sector
(ii) Using the above words into sentences.

5. Types of Communication in Public Sector and their Preparation

(i) Office note

(ii) Memorandum
(iii) Office order
(iv) Circular
(v) Endorsement
(vi) Letters
(vii) Demi-official letter
(viii) Office Memorandum
(ix) Un-official Note
(x) Notification, Agenda, Working Paper and Minutes of
Meeting
(xi) Electronic Communications e.g. website, email, Skype,
video-conferencing, fax, etc) and their key terms
introduction.

Prescribed Books:

1. Study Text of Secretariat Training Institute/ Management and Professional

Development Department/ Pakistan Audit and Accounts Academy/ Military
Accountant Training Institute
2. Study Text prescribed by ICAP
3. Secretarial instructions/ Manual of Secretariat Instructions
4. Precise and Report writing by Murphy
5. Types of Communication by A.A. Zaidi
6. Dictionary/collection of words of Fiscal English

Additional Reading Book

 Business Communication by Boove.

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Level -2
1. Cost Accounting (Computer Based Exam)
2. Business Economics (Computer Based Exam)
3. Public Financial Management, Financial Rules and
Budgeting (Federal) (Application)
4. Public Sector Accounting (Theory)
5. Public Sector Accounting (Application)

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 PRAD Syllabus-Winter2019 (updated)

1. Cost Accounting
Computer Based Exam (CBE)

Level: 2 Subject: 1 Marks: 100

Learning Outcomes
On the successful completion of this paper, candidates will be able to:
1 Understand the cost accounting concepts and the cost
2 Understand the elements of cost and their accounting
3 Differentiate between applied and actual overheads and understand the basis of allocation
of overheads
4. Comprehend the process of cost accounting under various costing systems
5 Determine the cost of products (including joint products and by-products) and jobs
6 Comprehend the system of standard costing and compute and analyze variances

Specification Grid

S. No. Syllabus Contents Area Weightage

%
1 Cost accounting concepts and accounting for material, labor and 30-40
factory overheads
2 Costing Systems 40-50
3 Standard costing and variance analysis 15-25
Total 100
PAPER Format:
 Paper will be computer based and 50 questions of 2 marks each will be asked.

1A Cost accounting concepts

a) Elements of cost
b) Direct and indirect cost
c) Applied and actual overheads
d) Fixed and variable overheads
e) Period and product cost
1B Accounting for material, labor and factory overheads
a) Material
 Procedure for procurement and recording of material
 Material Costing methods
 Basis of valuation (FIFO, weighted average)
 Accounting for material and related costs
b) Labor
 Direct and indirect labor
 Remuneration methods (periodic basis, hourly rate, straight piece rate,
differential piece rate, incentive wage plans)

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 Labour related costs (overtime, bonus, vacation pay, guaranteed wage plans
and pensions)
 Accounting for labour and labour related costs

c) Overheads
 Nature of factory overhead expenses
 Calculation and use of predetermined factory overhead rate
 Accounting for actual and applied overheads and under/over absorbed
overheads
 Allocation, apportionment and absorption of service departments overheads
 Analysis of under/over absorption in terms of expenditure and volume
variance
 Administrative and selling overheads
2. Costing systems
a) Job costing and batch costing
b) Process costing
c) Costing of joint and by-products
d) Marginal and absorption costing

3. Standard costing and variance analysis

a) Introduction to standard costing
b) Establishing standard costs
c) Calculation of variances
 Material variances (Price, Usage, Mix and Yield variance)
 Labour variances (Rate and efficiency variances)
 Overheads (Three and four variance methods)
d) Analysis and interpretation of variance

Prescribed Books:
Study Text prescribed by ICAP

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2. Business Economics
Computer Based Exam (CBE)

Level: 2 Subject: 2 Marks: 100

Learning Outcomes

On the successful completion of this paper, candidates will be able;-

1 Understand the basic concepts of economics and their importance
2 Understand the basic concepts of micro-economics (Demand and supply, consumer
behavior, equilibrium, of firms, market competition and laws of returns.
3 Understand the basic concepts of macro-economics and their impact on economic
condition of a country.
4 Understand the working of a banking system, financial markets and international
trade.

Specification Grid
S. No. Syllabus Contents Area Weightage %
1 Basic Concepts of Economics 05 – 10
2 Micro-economics 25 – 35
3 Macro-economics 25 – 35
4 Banking System, Financial Markets and International trade 25 – 35
Total 100

PAPER Format:
 Paper will be computer based and 50 questions of 2 marks each will be asked.

1. Basic Concepts of Economics

a) Multiplicity of wants and scarcity of resources
b) Factors of Production
c) Production Possibility Curve
d) Economic Systems (Market, Planned, Mixed, Islamic).
2. Micro-economics
a) Importance, scope and limitations of microeconomics
b) Demand and Supply:
 Law of Demand
 Law of Supply
 Equilibrium of Demand and Supply
 Elasticity of Demand and Supply
c) Law of diminishing marginal utility and law of equi-marginal utility
d) Consumer’s equilibrium
e) Indifference curves
f) Perfect competition, Monopoly, monopolistic competition and oligopoly.
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g) Equilibrium of firms under various market and in short-term and long-term

h) Law of increasing returns and law of diminishing returns.

3. Macro-economics
a) Scope and limitations of macroeconomics
b) Circular flow of income
c) National Income and related concepts i.e. GDP, GNP, NNP, and DI
d) Three approaches to measurement of national income
e) Consumption, savings and investment functions.
f) Marginal propensity to consume and save
g) Multiplier and accelerator
h) Phases of business cycle
i) Inflation and unemployment
j) Fiscal Budget (including Deficit Financing and its impact upon Economy)
k) Principles, methods and forms of taxation.

4. Banking System, Financial Markets and International Trade

a) Banking System
 Functions and demand for money
 Types of banks and financial institutions and their functions
 Credit formation by bank
 Role of central bank
 Monetary policy and its objectives
 Islamic banking system

b) Financial Markets
 Money Markets
 Capital Markets
c) International Trade
 Balance of Trade
 Balance of Payment
 Foreign exchange rate (fixed and floating) and its determination.
 Factors affecting the size of international trades.

Prescribed Books:
Study Text prescribed by ICAP

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3. Public Financial Management, Financial

Rules and Budgeting (Federal)
(Application - With Books)

Level: 2 Subject: 3 Marks: 100

Learning Outcomes

The aim of this paper is to enable the students to:

1. Act in accordance with the basic laws constituted under the Constitution of the Islamic
Republic of Pakistan.
2. Ensure that all orders and instructions issued by any functionary of the government are
conforming to the statutory rules and regulations having the constitutional sanction.
3. Make the functionaries of the government aware of the consequences of non-observance
of rules and regulations and be able to pinpoint that any deviation from express limits
to the power and authority of the functionaries of the government would lead to the
mal-administration.

Specification Grid

S. No. Syllabus Contents Area Weightage %

1. Public Financial Management 10
2. Financial Provisions under the Constitution 10
3. System of Financial Control and Budgeting 15
4. Financial Rules and Instructions: 25
A. Financial Rules
B. Treasury Rules
5. Public Procurement Rules and Procurement Taxes 15
6. Withholding Tax, Sales Tax and Provincial Sales Tax 15
7. Staff Car Rules 10
Total 100

Paper Format:
 The above weightage is for guidance purposes only and deviations in setting of paper may be
expected.

 Paper will consist of two parts, Part 1: MCQs of 20 marks and Part II: Subjective of 80 marks
containing scenario-based questions, short form questions, practical/ numerical questions, etc

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Course Contents
1. Public Financial Management
(i) Introduction to Financial Administration
(ii) Budget and Budgetary Procedure
(iii) Audit
(iv) Federal and Provincial Accounts

2. Financial Provisions under the Constitution

i) Federal Consolidated Fund (Articles 78)
ii) Custody, etc of Federal Consolidated Fund and Public Account (Articles 79)
iii) Annual Budget Statement (Article 80)
iv) Expenditure Charged upon Federal Consolidated Fund (Article 81)
v) Procedure relating to Annual Budget Statement (Article 82)
vi) Authentication of Schedule of Authorized Expenditure (Article 83)
vii) Supplementary and excess grants (Article 84)
viii) Votes on accounts (Article 85)
ix) Power to authorize expenditure when assembly stands dissolved (Article 86)
x) Constitutional Provisions relating to Audit and Accounts (Article 168 to 171)
3. System of Financial Control and Budgeting
(i) Preamble
(ii) Principal Accounting Officer
(iii) Duties and Responsibilities of Principal Accounting Officer
(iv) Chief Finance and Accounts Officer
(v) Powers Delegated to Ministries/Divisions/Departments
(vi) Role of Financial Adviser
(vii) Reference to Financial Adviser/Finance Division
(viii) Responsibilities and Powers of the Financial Adviser (Current Expenditure and
Development Expenditure)
(ix) Representation of the Finance Division in Development Working Parties
(x) Budgetary Procedure
(xi) Power of Sanctioning Projects

4. Financial Rules and Instructions

(A) General Financial Rules and Instructions

(a)
(i) General principles regarding receipt of money (Rules 4 to 8)
(ii) Withdrawal of money from the Public Account (Rule 9)
(iii) Standard of financial propriety (Rule 10)
(iv) Control of Expenditure (Rules 11 to 17)
(v) Contracts – General Principles (Rules 18 & 19)
(vi) Defalcation and losses etc. (Rules 20 & 23)
(vii) Departmental Regulations
(viii) Revenue and Receipts (Rules 26 to 38)
(ix) Power of Sanctions (Rules 39 to 49)

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(x) Communication of sanctions (Rules 51 to 59)

(xi) Establishment (Rules 108 to 113)
(xii) Headquarters of a Government Servant and transfer of Charge (Rules 114 to 115)
(xiii) Date of Birth (Rules 116 to 117)
(xiv) Leave applications (Rule 118)
(xv) Service Books (Rules 120 to 122)
(xvi) Arrear claims (Rules 123 to 126)
(xvii) Powers of subordinate authorities to sanction contingent expenditure (Rules 130-131)
(xviii) Permanent Advance (Rule 132)
(xix) Purchase and acquisition of Stores (Rules 141 to 147)
(xx) Receipt of Stores (Rule 148)
(xxi) Issue of Stores (Rule 149)
(xxii) Custody and accounts of Stores (Rules 151 to 157)
(xxiii) Physical verification (Rules 158 to 162)
(xxiv) Sale and disposal of Stores (Rules 166 to 168)
(xxv) Works (Rules 176 to 200)
(xxvi) Grants-in-aid (Rules 206 to 209)
(xxvii) Loans and advances:
 General conditions House Building Advance (Rules 249 to 253)
 Advances for purchase of motor car (Rule 256)
 Advances for purchase of motor cycle (Rule 262)
 Advance for Purchase of bicycle (Rule 263)
(xxviii) Interest-free-loans:
 Advances on transfer (Rule 265)
 Advance for Journey on tour (Rule 269)

b) Delegation of Powers (Latest)

(B) Treasury Rules

(i) Introduction and Definition (Rules 1-2)

(ii) Location of Public Money (Rule 3)
(iii) General System of Control over Federal Treasury (Rules 4 & 5)
(iv) Other Collecting and Disbursing Officers (Rule 6)
(v) Payment of Revenues into the Public Account (Rules 7 to 10)
(vi) Withdrawals of Public money from the Public Account (Rules 12 to 28)
(vii) General Instructions for handling cash (Rules 76 to 77)
(viii) Receipts of government money (Rules 78 to 81)
(ix) Grant of Receipt to the payer (Rules 82 to 86)
(x) Procedure for paying public moneys (Rules 88 to 96)
(xi) Presentation of Claims (Rules 130 to 134)
(xii) Instructions regarding preparation and form of bills (Rule 138)
(xiii) Signature or countersignature of bills (Rules 141 to 144)
(xiv) Duplicate copies of the bills (Rule 145)
(xv) Mode of making payments against bills (Rules 147 to 167)
(xvi) Specimen signature and other safeguards (Rules 172 to 174)
(xvii) Checks to be applied to claims (Rules 177 to 188)
(xviii) Responsibility for the money withdrawn (Rules 205 to 216)
(xix) Due date of submission of monthly pay bills (Rule 217 to 219)

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(xx) Deductions from pay bills (Rules 221 to 229)

(xxi) First payment of pay and allowances (Rules 230 to 231)
(xxii) Payment on quitting the service (Rule 232)
(xxiii) Death of Payee (Rules 233-234)
(xxiv) Place of Payment (Rules 235 to 243)
(xxv) Payment of Pay, Leave Salary etc through agents (Rules 244 to 246)
(xxvi) Bills of B-16 and above Government Servants (Rules 248 to 261)
(xxvii) Bills of B-1 to B-15 Government Servants (Rules 262 to 282)
(xxviii) Computerized Pay Roll
(xxix) Contingencies (Rules 284 to 317) – General Rules :
 Classification of contingencies (Rule 287)
 Permanent Advance; its general limitation (Rule 288 to 294)
 Responsibility of the Drawing Officer (Rule 295)
 Responsibility of the Controlling Authority (Rule 296)
 Cancellation and Destruction of Vouchers (Rule 297)
 Record of Contingent expenditure (Rules 298 to 301)
 Bills for Contingent Charges (Rules 302 to 314)
 Service Postage Stamps (Rule 317)

5. Public Procurement Rules and Procurement Taxes

6. Withholding Tax, Sales Tax and Provincial Sales Tax
7. Staff Car Rules.

Prescribed Books( allowed in examination):

1. The Constitution of the Islamic Republic of Pakistan, 1973

2. GFR Vol-I & Vol-II
3. Treasury Rules Vol-I & Vol-II
4. Revised System of Financial Control and Budgeting
5. Delegation of Powers
6. Hand Book for Drawing and Disbursing Officers
7. Public Procurement Rules
8. Income Tax Ordinance (Withholding Tax applicable to Public Sector)
9. Sales Tax and Provincial Sales Tax (Provisions applicable to Public Sector)
10. Staff Car Rules
11. All relevant provincial laws, rules, etc.

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4. Public Sector Accounting (Theory)

Level: 2 Subject: 4 Marks: 100

Learning Outcomes
This paper aims to:
1. Ensure that students have adequate knowledge of Accounting Framework prescribed by the
Auditor General of Pakistan for Public Sector Entities;
2. Provide knowledge and skills in Financial Reporting and Controls for Public Budgeting,
Public Expenditure, Public Debt and Public Revenues;
3. Provide knowledge and skills in Recording, Reconciling and Reporting Inter Department and
Inter Government Transactions;
4. Provide understanding of Identifying, Budgeting, recording and reporting the transactions of
Consolidated Fund and Public Account as required under the Constitution;
5. Impart students’ Knowledge and skills in Identifying, analyzing, classifying, recording and
reporting accounting elements along with functions, roles and responsibilities of various
system functionaries;
6. Ensure understanding the receipts and payment methods, procedures for Salaries and Wages,
Contingencies, Project Expenditure, Pension and General Provident Fund including use of
Assignment Accounts and Personal Ledger Accounts.

Specification Grid
S. No. Syllabus Contents Area Weight age
%
1 Introduction and Overview of Public Sector Accounting Framework, 15
Constitutional Requirements, Roles and Responsibilities for accounting of
the system functionaries, Functions of the Auditor-General of Pakistan,
Controller General of Accounts and Accountant General.
2 Accounting principles, policies and procedures for Public Budgeting, 35
Public Expenditure, Public Revenues, Public Assets, Public Debt and
Equity.
3 Accounting for development Projects, Insurance transactions, Public 25
Account Transactions, Budgetary Controls and Commitments.
4 Accounting policies and procedures for Self- Accounting Entities, Loss 15
and Recoveries of Public money, Accounting and Settlement of Inter
department and inter Government transactions
5 International Public Sector Accounting Standard (IPSAS) 10
Total 100

Paper Format:
 The above weightage is for guidance purposes only and deviations in setting of
paper may be expected.
 Paper will consist of two parts, Part 1: MCQs of 20 marks and Part II: Subjective of
80 marks

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Course Contents
Mandate of Auditor General  Constitutional Provision Regarding Audit & Accounts.
of Pakistan and Controller  AGP Ordinance 2001.
General of Accounts.  CGA Ordinance 2001.
IPSAS (Cash Basis)  Introduction to International Public Sector Accounting
Standards.
 The basic concepts of cash and cash equivalents.
 The key components of mandatory presentation and
disclosures under cash based IPSAS.
 The encouraged presentation and disclosure of financial
information under cash based IPSAS.
Introduction to GAAP for  Basic Requirements, Concepts, Principles, and Policies
Public Sector in Pakistan for Public Sector Accounting.
 Organizational structure of the Public Sector Accounting
system and responsibilities of organizations and
officers.
Budgetary and Accounting  Introduction to Accounting, Reporting Controls and
Controls qualitative characteristics of financial information for
public sector in Pakistan;
 Understanding the methods of budget preparation i.e.
incremental budgeting, Activity based Budgeting and
Output based budgeting.
 Specific Budgetary Procedures and methods for
permanent and temporary budgeting in Pakistan
Accounting for Expenditure  Introduction to the steps involved in the payment cycle
for public expenditure.
 General and accounting policies prescribed for
payments out of Consolidated Fund including
commitments, arrears and refunds.
 Accounting Principles, Policies and Procedures involved
in Salaries and Wages, Pension payments, General
Provident Fund and Loans and Advances
 The prescribed methods for employee related
payments to various classes of the government
servants.
 Accounting Principles, Policies and Procedures involved
in payments of Contingencies and Civil Works
 The key internal controls prescribed for making
payments out of government accounts.
 The various procedures prescribed for transfer and
processing of Pay and allowances, Pension, GP Fund,
Loans and Advances and other Contingent payments.
 The special procedures prescribed under modified cash

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basis of accounting for recognitions/ recording,

reconciliation, consolidation and reporting of employee
related and other payments.
Accounting for Receipts  Introduction to the Policies, methods and steps
involved in the collection of receipts under
Consolidated Fund and Public Accounts
 The General and Accounting Principles, Policies and
Procedures prescribed for receipts under Consolidated
Funds and Public Accounts of the Government
 The special procedures prescribed under modified cash
basis of accounting for recognitions/ recording,
reconciliation, consolidation and reporting of receipts.
Accounting for Liabilities  Definition and basic concept of government Liabilities.
 General and Accounting Policies and Procedures for
recording, compilation and consolidation of accounts of
liabilities.
 The policies for year-end adjustments in presentation
and disclosure of liabilities.
Accounting for Assets  Definition and basic concept of government Assets.
 Accounting policies for Financial Assets, stores and
Fixed Assets.
 Policies and procedures for recording the disposal of
fixed assets.
 General and Accounting Policies and Procedures for
recording, compilation and consolidation and year- end
adjustments in the accounts of assets
Accounting for other  General and Accounting Policies and procedures for
transactions transactions relating to Insurance, Losses and
recoveries of public money, Public Account
 General and Accounting Policies and Procedures for
preparation, compilation and consolidation of accounts
of departmentalized/ self-accounting entities, projects,
inter department and inter government transactions.

Prescribed Books for study (not allowed in examination):

1) Manual of Accounting Principles by Auditor General of Pakistan
2) Accounting Policies and Procedures Manual by Auditor General of Pakistan
3) IPSAS (Cash Basis) by IPSASB (IFAC)

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5. Public Sector Accounting

(Application - With Books)
Level: 2 Subject: 5 Marks: 100

Learning Outcomes
This paper aims to:
1. Provide knowledge and skills in Financial Reporting and Controls for Public Budgeting, Public
Expenditure, Public Debt and Public Revenues;
2. Provide knowledge and skills in Recording, Reconciling and Reporting Inter Department and
Inter Government Transactions;
3. Provide understanding of Identifying, Budgeting, recording and reporting the transactions of
Consolidated Fund and Public Account as required under the Constitution;
4. Impart students’ Knowledge and skills in Identifying, analyzing, classifying, recording and
reporting for accounting elements, Consolidated Fund and Public Accounts.
5. Ensure knowledge and skills in maintenance of Primary books of accounts, General Purpose
Financial Statements and other reporting requirements of the users of the Financial
Information regarding Public Sector Entities.

Specification Grid
S. No. Syllabus Contents Area Weight age %
1 The key elements of the Chart of Accounts (CoA). The codification of 20
financial transactions and the transactions relating to Human Resource
Information.
2 Accounting policies and procedures for recording and reporting of 30
Public Expenditure, Public Revenues, Public Money losses, Public
Assets, Public Debt and Equity related transactions.
Budgeting Cycle and Budgetary controls and Commitments.
Certification of Claims and various methods of payments
3 Maintenance of primary/ subsidiary accounting records (Journal 20
entries, sub-ledger, Abstracts, General Ledger, Appropriation Register,
etc.) by DAO/TO/FTO, AG/AGPR, PAO/ DDO and SBP/NBP for all
accounting transactions of receipts and payments. Bank Reconciliation
at DAO/TO/FTO and AG/AGPR levels.
4 The monthly and annual preparation of Financial Statements. The 20
month-end and year-end closing procedures. The use and clearance of
Suspense Accounts, Clearing Accounts and Control Accounts. Inter-
departmental and Inter-Government Transactional adjustments.
5 International best accounting practices (IPSAS) 10
Total 100

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Paper Format:

 The above weightage is for guidance purposes only and deviations in setting of
paper may be expected.
 Paper will be subjective containing 20% Codification and De-codification of
Transactions 50% Numerical Questions and 30% Case Study/Analytical Questions

Course Contents
Chart of Accounts  The purpose and Coding structure of the Elements of
the Chart of Accounts (CoA).
 Use of the Entity element codes, Function element
codes, Fund element codes and Object element codes
 Use of HR information codes for recording and
reporting purposes.
Budgetary and Accounting  Maintenance of Budget Controls Register for
Controls commitments.
 The daily/ monthly procedures by DAO/ Banks for
reporting cash balances.
 Preparation of Bank Reconciliation Statements by DAO
and AG offices.
Accounting for Expenditure  The special procedures prescribed under modified
cash basis of accounting for recognitions/ recording,
reconciliation, consolidation and reporting of
employee related and other payments.
 Computation of interest on GP Fund and Preparation
of closing balance statement followed by Journal
Entries in the books of accounts.
 Computation of interest on Loans and Advances to
Government Servants followed by Journal Entries in
the books of Accounts.
 Recording of expenditure in manual/ computerized
system with and without recording Commitments.
 Recording of transactions relating to Refunds, Petty
Cash, pay and allowances, pension/ gratuity and
contingencies with deductions for taxes at source.
Accounting for Receipts  The special procedures prescribed under modified
cash basis of accounting for recognitions/ recording,
reconciliation, consolidation and reporting of receipts.
 Recording of Receipts in consideration and without
consideration (Grants) in manual/ computerized
system.
 Accounting for conditional and unconditional Cash and
non-cash grants for the federal government and on
behalf of other (provincial) governments.

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Accounting for Liabilities  Recording, compilation and consolidation of accounts

of liabilities.
 The policies and recording for year-end adjustments in
presentation and disclosure of domestic and foreign
liabilities.
Accounting for Assets  Recording of Financial Assets, stores and Fixed Assets
under modified cash basis of accounting.
 Policies and procedures for recording the assets on
acquisition, month/year-end and disposal of fixed
assets.
 General and Accounting Policies and Procedures for
recording, compilation and consolidation and
reporting of assets.
Accounting for other  Recording of transactions relating to Insurance, Losses
transactions and recoveries of public money, Public Account
 Recording and reporting of cash deposits and
withdrawals from SBP by Self-accounting entities
 Recording of Inter department (exchange) and inter
government (settlements) transactions.
Best International practices  Mandatory and Encouraged Reporting under Cash
in Public Sector Accounting based International Public Sector Accounting
Standards.
 Presentation of Financial Statements (IPSAS-1)
 Components and preparation of Cash Flow
Statement(IPSAS-1)
Financial Reporting and  Monthly/ Annual production of Financial Statements
accounting records and Reports. Compilation of Monthly Consolidated
accounts and Annual Appropriation Accounts.
Consolidated Financial Statements of the Federation.
 Maintenance and Retention of Accounting Records
 Use of Suspense, clearance and control Accounts
 Control of Official Forms and Cheque Books

Prescribed Books (allowed in examination):

1) CGA’s Ordinance 2001 and AGP’s Ordinance 2001
2) Manual of Accounting Principles by Auditor General of Pakistan
3) Accounting Policies and Procedures Manual by Auditor General of Pakistan
4) Chart of Accounts
5) IPSAS(Cash Basis) by IPSASB (IFAC)
6) IPSAS-1 and 2 (Accrual Basis) by IPSASB (IFAC)

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Level -3
1. Audit & Assurance (Public Sector) (Without Books)

2. Public Finance
3. Management Accounting
4. Public Sector Business Communication & Report Writing

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1. Audit and Assurance (PS)

(Without Books)

Level: 3 Subject: 1 Marks: 100

Learning Outcomes

i. As a first course in auditing, it is designed to provide students with a basic

understanding of the nature and objectives of an audit, basic principles and
procedures involved in auditing and general auditing practice. A familiarity of
auditing techniques such as routine checking, vouching and verification is necessary to
inspire confidence in the approach to work.
ii. Students will be expected to have the knowledge of the International Standards on
Auditing and Auditing Practice Statements.
iii. Candidates will be expected to be aware of the role of Information Technology as part of
the assurance process and should be fully conversant with the use of Computer Assisted
Audit Techniques (CAATS).
iv. Candidates will be expected to possess knowledge of the implications on the audit, of
laws, rules and regulations covered in the New Audit Manual and Legislative framework.
They will be required to possess knowledge of the function and responsibilities of Office
of the Auditor-General of Pakistan. Case studies and Scenario based questions will be set
in the examination

Specification Grid
S. No. Syllabus Contents Area Weightage
1 Organization and Purpose of the Manual, Role of the Auditor-General,
The Job of the Auditor.
2 DAGP Audit Standards 20
3 DAGP’s Annual Planning Process
4 The Audit Cycle 20
5 Planning the Audit
6 Activity and Resource Planning for Individual Audits 15
7 Conducting the Audit
8 Evaluating Audits Results
9 The Reporting Process
10 The Audit Report 15
11 Documentation and Working Papers
12 Audit Follow Up
13 Quality Assurance 15
14 Internal Controls 15
Total 100

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Paper Format:
 The above weightage is for guidance purposes only and deviations in setting of paper may be
expected.
 Paper will consist of two parts, Part 1: MCQs of 20 marks and Part II: Subjective of 80 marks

 There will be 33% choice in Descriptive & Short Form Questions

Course Contents
• Purpose of the Audit manual
1.Organization and Purpose • Types of audits dealt with
of the Manual • Audit entities dealt with
• Accounting Responsibility Structure of the Government of
• Pakistan
• Stages of audit work dealt with
• Organization of the manual
• Links to other guidance material
• Standard audit working paper kit
• Need for professional judgment
• Updating the Audit Manual
Role of the Auditor- • Parliamentary Control and Public Accountability
General • Introduction to Auditing
• Legislative Basis
• Vision, Mission and Values
The Job of the Auditor • Introduction
• Expectations
• Conditions of Employment
• Code of Ethics
• Glossary
• Protection of the Auditor
2. DAGP Audit Standards • INTOSAI’s Professional Standards
• The International Standards of Supermen Audit Institutions
• (ISSAIs)
• Fundamental Auditing Standards
• Level-4 Auditing Guidelines (ISSAIs 1000 – 4999)
3. DAGP’S Annual • DAGP Strategic Audit Objectives
Planning Process • DAGP Audit Scope
• DAGP Strategic Audit Plans
• The Annual Planning Process
• Integration of Audit Work
• Approval Process for the Budget of Centrally-Led Audits

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4. The Audit Cycle • Introduction

• General Audit Planning
• Activity and Resource Planning
• Roles and Responsibilities
5. Planning the Audit • Introduction
• Step 1 – Establish Audit Objectives and Scope
• Step 2 – Understand the Entity’s Business
• Step 3 – Assess materiality, planned precision, and audit
risk
• Step 4 – Understand the Entity’s Internal Control Structure
• Step 5 – Determine Components
• Step 6 – Determine financial audit and compliance with
authority objective, and error/irregularity conditions
Step 7 – Assess inherent risk and control risk
• Step 8 – Determine mix of tests of internal controls,
• analytical procedures and Substantive tests of details
• Reliance on Other Auditors
• Documenting strategic planning decisions
• Application to Government-wide Audits
6. Activity and Resource • Introduction
Planning for Individual • Formulate/update Audit Programs
Audits • Updating staffing requirements and allocating resources
• Updating budget requirements
• Updating timing considerations
• Factors to consider when determining the optimum timing
• Updating information required from the entity
• Re-assessing the general and detailed planning decision for
individual audit
• Documenting the detailed planning decision
• Updating planning file
• Approval of the general and detailed planning decisions
7. Conducting the Audit • Introduction
• Compliance Testing Substantive Testing Evidence
• Matters to deal with during field work
• Cause and Effect Analysis
• Developing conclusions and Recommendations
• Keeping entity official informed
• Documenting the work performed
• Custody and maintenance of working paper files
• Quality assurance during field work

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8. Evaluating Audits • Evaluating Financial Audit Results

Results • Known Errors, Most likely Errors, Further Possible Errors
and Maximum Possible Error
• Determining the cause of errors, violations and deviations
• Concluding on the Results of Each Test Concluding on the
results of each component Concluding on the financial
statements as a whole Dealing with unacceptable results
• Dealing with acceptable results
• Documenting the evaluation process
• Evaluating Regularity Audit Results
• Quality assurance during the evaluation phase
9. The Reporting Process • Introduction
• Focus on the Reporting Process
• Clearing Observations, Conclusions and Recommendations
• Obtaining Management Responses
Management representation letter
Audit completion checklist
Producing the Audit Report Review
of reports by others
10. The Audit Report • Introduction
• The Certification Report and Types of Opinion
• Audit reports other than opinions on financial statement
• Reporting style and format
• Compliance and Performance Reports
11. Documentation and • The Need for Documentation and Working Paper Files
Working Papers • The Purpose of Working Paper Files
• The Quality of Working Paper Files
• Custody and Maintenance of the Working Paper Files

12. Audit Follow Up • Introduction

• Timing of the Follow Up
• Determining the Desired Level of Assurance
• Performing the Follow Up
• Reporting the results of the Follow Up
• Performing additional follow ups

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13. Quality Assurance • Introduction

• General Quality Assurance Techniques Described in this
• Manual
• Quality Assurance During Planning Phases for Individual
• Audits
• Quality Assurance During the Field Work Phase for
• Individual Audits
• Quality Assurance during the Evaluation Phase
• Quality assurance during the reporting phase
• Quality assurance during the follow up phase
• Other quality assurance procedures
14. Internal Controls • Working of Chief Finance and Accounts Officer in the
• Federal Ministries.

Prescribed Books (Not allowed in examination):

1. Financial Audit Manual with Appendices

2. Audit Working Paper Kit
3. Quality Management Framework
4. System of Financial Control and Budgeting 2006 (updated)

Additional Reading Material (Not allowed in examination):

1. Sectoral Audit Guidelines

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2. Public Finance
Level: 3 Subject: 2 Marks: 100

Learning Objectives:
The learning objectives of this course are:

 To understand the theory and practice of how government finances itself from both positive and
normative points of view.
 To understand the consequences of government policies on resources allocation and income
distribution affecting welfare of the people.
 To understand the concept of fiscal federalism and issues therein.
 To understand the role of the public sector in the economy using microeconomics.
 To understand public expenditure analysis and methods of financing government expenditures.
 To study the underlying theory of welfare economics as well as the economic effects of public
policy.
Learning Outcomes:
By the end of this course, the students should be able to apply knowledge and principles public finance and to
perform economic policy analysis by applying microeconomics principals and theories.

Specification Grid
S. No. Syllabus Contents Area Weightage %
1 Definition, Scope, concepts and importance of the study of Public 15
Finance. Empirical tools of Public finance. Externalities and Public
goods.
2 Government Budgeting and Fiscal Policy 20
3 Public Revenue, Tax Criteria and Tax Incidence 20
4 Public Expenditure 20
5 Public Debt 15
6 National Finance Commission of Pakistan and Divisible pool of Taxes 10
and straight transfers.
Total 100

Paper Format:
 The above weightage is for guidance purposes only and deviations in setting of paper may be
expected.
 Paper will consist of two parts, Part 1: MCQs of 20 marks and Part II: Subjective of 80 marks
containing descriptive and short form questions.

Course Contents
Introduction to Public  Concept, Definition and Scope of Public Finance.
Finance and theory of  Functions of a Modern State and role of Budget Policy in a Modern
Public Goods. State.
 Social or Public Goods and their Properties
 Private Goods and their Properties
 Models of Efficient Allocation of Resources.

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Government Budgeting  Definition, concepts, importance and Structure of Govt. budgeting.

and Fiscal Policy  Legal framework for budgeting in Pakistan.
 Methods in public budgeting and properties & difference between
Incremental and Zero-Based Budgeting. Capital Budgeting and
long-term budgeting.
 Scope, Properties and Process of Program Budgeting,
 The concepts of Annual Budget Statement, Revenue Vs
Development Budget Vs No-Development Budget, Surplus Vs
Deficit Budget, Balanced Budget, Budget Constraint and budgetary
adjustments.
 Definition, instruments, Objectives, roles and limitations of Fiscal
Policy.
Public Revenue, Tax  Various types of taxes, merits and demerits, effects of taxation on
Criteria and Tax economy. Cannons of Taxation.
Incidence  What are the differences between, merits and demerits of Benefit-
received Theory and Ability to Pay Theory
 What is tax incidence, impact and criteria? Why? Calculation and
reporting of Tax Expenditure.
Public Expenditure  Concept, nature and classification and cannons of Public
Expenditure. Cannons of Financial propriety.
 Wagner’s Hypothesis, various effects of Public Expenditure.
 Why governments do spend on Education, Health and Social
Protection?
 Why governments pay grants and subsidies? The Schedule of
authorized expenditure.
Public Debt  Meaning, classification and structure/ sources of Public Debt.
 Legal Framework, authority, roles and responsibilities of
Governments institutions for public borrowing in Pakistan.
 The Concepts of Debt, Credit, Cash Grants, Technical Grants,
Commodity Grants, Conditional Vs. unconditional grants and
foreign Aid. The concepts of sovereign debt fund and economic
sustainability. Estimating and reporting the Pension liability.
National Finance  Legal Framework for taxation in Federal and Provincial
Commission of Pakistan Governments- Constitutional provisions and Presidential Orders.
and Divisible Pool of  Distribution of Revenues and Grant-in-Aid Order 2010
Taxes and straight  Ratio for distribution of taxes among provinces, straight transfers,
transfers Sales Tax on Services and Grant-in-aid for provinces.

Prescribed Books for study (not allowed in examination):

1. Constitution of Islamic Republic of Pakistan and Presidential Orders
2. Monetary Economics and Public Finance by A. Hamid Shahid
3. Public Finance 9th/e by Harvey S. Rosen and Ted Gayer
4. Public Finance and Public Policy by Jonathan Gruber

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3. Management Accounting
Level: 3 Subject: 3 Marks: 100

Learning Outcomes

On the successful completion of this paper, candidates are supposed to acquire just Medium Level
knowledge so as to be able to:
1 Prepare budgets and forecasts and understand budgetary controls
2 Apply the cost accounting concepts and techniques in the decision making process
3 Carry out performance analysis
4. Apply the concept of time value of money
Specification Grid
S. No. Syllabus Contents Area Weightage %
1 Introduction to management accounting 3-7
2 Forecasting and budgeting 15-20
3 Performance analysis 25-35
4 Decision making 30-40
5 Introduction to financial management 10-15
Total 100
PAPER Format:
 Paper will be subjective containing short forms, Long forms and Scenario based questions.

Course Contents
1. Introduction to management accounting

a) Scope of management accounting

b) Objectives and role of management accounting
c) Limitations of management accounting

2 Forecasting and budgeting

a) Purpose of budgeting and forecasting
b) Budget and planning process
c) Revenue and production budgets
d) Cash budgets
e) Zero based budgeting and flexible budgets
f) Budgetary Controls

3. Performance analysis
a) Cost, volume and profit analysis
b) Break-even analysis
c) Working capital management (Cash, debtor, creditors and inventory management
techniques and policies)
d) Return on capital
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e) Divisional performance
f) Transfer pricing
g) Performance analysis of non-profit and public welfare organization

4. Decision Making
(a) Cost concepts in decision making
 Relevant cost
 Sunk cost
 Opportunity cost / imputed cost
 Replacement cost
 Differential cost
b) Pricing decisions and pricing strategies
c) Make or buy decisions
d) Sell or process decision
e) Operate or shut down decision
f) Utilization of spare capacity
g) Pricing for special orders

5. Introduction to financial management

a) Concept or present value and net present value
b) Discounted cash flow
c) Pay-back period (simple and discounted)
d) Internal rate of return (IRR)
e) Cost of capital
f) Capital Budgeting
g) Debt vs. equity financing

Prescribed Books:
Study Text prescribed by ICAP

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4. Public Sector Business Communication and Report Writing

Level: 3 Subject: 4 Marks: 100

Learning Outcomes
On the successful completion of this paper, candidate is supposed to acquire Profiiciency
Level knowledge & skill and will be able to:
 Comprehend the concepts and principles of communication in public sector
 Apply knowledge and demonstrate interpersonal and intra-personal skills
 Understand different types of electronic communication, its key features, benefits and
limitations
 Understand and write various types of communication in public sector, including Noting,
Drafting, Audit Paras Development and writing of Audit Reports
 Write Précis, Summary and Reports, etc applicable to Public Sector.

Specification Grid
S. No. Syllabus Contents Area Weightage %
1. Fundamentals of Communication and Types of 20-30
Communication in Public Sector and their Preparation
2. Noting, Drafting, Précis Writing and Report Writing 40-60
3. Secretariat Instructions/ Manual of Secretariat 20-30
Instructions and Rules of Business
Total 100

Paper Format
 The above weightage is for guidance purposes only and deviations in setting of
paper may be expected.
 Paper will be subjective. The paper will consist of Precise Writing or Report
Writing, Draft of any type of Communication, Short questions on Secretarial
Instructions/ Manual of Secretarial Instructions and Rules of Business.

Course Contents
1. (a) Fundamentals of Communication
• Definition, Goals, Patterns and Channels of Communication, Information needs,
Components of Communication Process, Methods, Barriers
• Formal and Informal communications and different Types of Communications
Networks
• Seven Cs of effective communication.

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(b) Types of Communication in Public Sector and their Preparation

• Letter
• Demi-official letter
• Office Memorandum
• Memorandum
• Officer Order
• Notification
• Circular
• Un-official Note
• Endorsement
• Notice, Agenda, Working Paper and Minutes of Meeting
• Office Noting, Drafting
• Electronic Communications e.g. website, email, Skype, video-conferencing &
fax
• Audit Observations
• Audit and Inspection Reports
• Advance Paras/ Proposed Draft Paras
• Audit Reports

2. Noting, Drafting, Précis Writing and Report Writing

Developing skills through actual practice for preparation of:

Office Note

Précis from a chain of correspondence

Drafts of different types of official correspondence as narrated above

Audit Observations, Audit Paras, Proposed Draft Paras and Draft Paras

Reports of different types including Audit and Inspection Reports, Audit
Reports, Inquiry Reports of Disciplinary Cases, etc.
 Summary for the President/Prime Minister, Governor/Chief Minister, Minister,
 etc.
3. Secretariat Instructions / Manual of Secretariat Instructions, and Rules of Business

Prescribed Books:
1. Secretariat Instructions/ Manual of Secretariat Instructions
2. Rules of Business
3. Précis and Report Writing by Murphy
4. Types of Communication by A. A. Zaidi
5. Study text prescribed by Secretariat Training Institute/ Management and Professional
Department/ Military Accounts Training Institute.
Additional Reading Books:
1. Business Communication by Boove.
2. Précis & Report Writing by T.M. Dogar published by Dogar Sons

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Computer Competency Practical Training

(CCPT)

The training is pre-requisite for issuance of PIPFA Result Card (Final Level). The training will
be organized at Pakistan Audit and Accounts Academy for students of DAGP and CGA’s
organization while others will undergo CCPT at PIPFA approved CCPT educational
institutions.

Learning Outcomes

After completion of training, the trainee is supposed to gain Proficiency Level skill of Office
Management Information System. He will, however, be able to acquire Orientation of SAP
and Audit Command Language which when supplemented by subsequent Hands-on-Practice
will enable him to generate foundation level reports of SAP and ACL.

Contents of the Training

S. No. Contents Hours
1 Introduction to IT 10
2 SAP HR 10
3 SAP FI 10
4 ACL 20
5 MS Word 10
6 MS Excel 20
7 MS PowerPoint 10
8 MS Access 10
Total 100

The training will be followed by a test by PAAA or PIPFA approved CCPT institution
concerned.

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Detailed CCPT Syllabus for Public Sectors

Total allocated hours: 100

Introduction to Information Technology
Allocated Hours:10

Central Processing Units (CPUs) – • Explain the role and importance of basic
processor, hard disk, random access components of a CPU.
memory, read-only memory
Input devices – Key board, mouse, • State the uses/benefits and limitations of
touch pads, magnetic ink character common input devices.
reader, optical mark reader, optical
character reader, barcode reader and
electronic point of sale.
Output devices – monitor, printer • State the differences between CRT and
LCD/LED monitors
• Classify different types of printers and state
their relative advantages and limitations.
Operating systems – DOS, Windows, • State key operating system commands used for
Linux efficient searches, formatting disks, viewing IP
configurations, testing network connections
and exploring the network
Core Windows tasks – customize • State methods for customizing desktop
desktop and start menus, work with presentation and the start menu
files and folders, log-on and log-off, • Define techniques to work efficiently with files
search for information, lock the and folders
computer, use a screen-saver password,
reset a password • State efficient ways to search for required
information from active and archive files
• State the important information that could be
recorded whilst a user is logged-in
• Define basic controls and practices that should
be adopted by users for safeguarding data
stored in computers.

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Detailed CCPT Syllabus for Public Sectors

SAP (Fi)
Allocated Hours: 10
To enhance the skill of participants in the operational use of SAP Main

Course Contents • Overview of SAP FI

• Basic Components of Fi Module
• Terminology used in SAP FI
• Budgeting in SAP
• Bill Punching, Processing, and Cheque Printing
• Expenditure Tracking
• Financial Reports in SAP

SAP (HR)
Allocated Hours: 10
To enable the participants to generate financial reports in SAP HR Module

Main Course Content. • Overview of SAP HR

• Basic component of HR Module
• Payroll (Personal Actions, Hiring)
• Payroll Processing Steps in SAP H.R.
• Simulation & Error Removal from Sim
• Payroll & Error Removal (Correction)
• Wage Type Statements & Pre-Audit Checks
(Stat Rep)
• Reports for (Banks, DDO’s, Post Audit) & its
Processing
• Posting to Accounting (Simulation & Actual)
• GPF Up-dation
• GPF Off Cycle
• Pension Roll
• Reports prepared under SAP

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Detailed CCPT Syllabus for Public Sectors

ACL
Allocated Hours: 20
Introduction to ACL • Advantages of CAAT to the auditor
• Difficulties in using audit software
• Salient features of ACL
Elements of ACL Project • Tables
• Scripts
• Logs
• Workspaces
• Folders
• Data Analysis Guidelines for Acquiring Data
Reporting

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Detailed CCPT Syllabus for Public Sectors

Ms. Word Contents
Allocated Hours:10
Getting Started with Word • Create and Save Word Documents
• Edit Documents
• Preview and Print Documents
Formatting Text and Paragraphs • Apply Character Formatting
• Control Paragraph Layout
• Align Text Using Tabs
• Display Text in Bulleted or Numbered Lists
• Apply Borders and Shading
Managing Lists • Sort a List
• Format a List
Adding Tables • Insert a Table
• Modify a Table
• Format a Table
• Convert Text to a
Table
Inserting Graphic Objects • Insert Symbols and Special Characters
• Add Images to a Document
Controlling Page Appearance • Apply a Page Border and Color
• Add Headers and Footers
• Control Page Layout
• Add a Watermark
Preparing to Publish a Document • Check Spelling, Grammar, and Readability
• Use Research Tools
• Check Accessibility
• Save a Document to Other Formats

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Detailed CCPT Syllabus for Public Sectors

Ms. Excel Contents
Allocated Hours: 20
Getting Started • Starting Excel
• Opening a Workbook
• Understanding the Display Screen
Entering Data • Moving the Cell Pointer
• Selecting a Range of Cells
• Creating a New Workbook
• Inserting, Renaming, and Deleting Worksheets
• Entering Constant Values
• Using Auto Fill to Enter Data
• Saving a Workbook
• Editing Cell Contents
• Clearing Cell Contents
• Working with Undo and Redo
• Closing a Workbook
Using Formulas • Entering Formulas
• Using Auto Fill with Formulas
• Using the SUM Function
• Summing Columns or Rows Automatically
• Using Statistical Functions
• Working with the Range Finder
• Using Formula Error Checking
Working with Constant Values • Copying and Pasting Constant Values and Formulas
and Formulas • Cutting and Pasting Constant Values and Formulas
• Using Collect and Paste
Modifying Columns and Rows • Changing Column Width
• Changing Row Height
• Inserting and Deleting Columns or Rows
• Hiding Columns or Rows
Printing Worksheets • Using Print Preview
• Working with Print Settings
• Using Page Setup Tools
• Working in Page Layout View
• Creating a Header and Footer
• Using Page Break Preview
• Printing a Worksheet
• Exiting Excel

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 PRAD Syllabus-Winter2019 (updated)

Detailed CCPT Syllabus for Public Sectors

Ms. PowerPoint Contents
Allocated Hours: 10

Getting Started with PowerPoint • Create and Save a PowerPoint Presentation

• Use PowerPoint Help
Developing a PowerPoint • Select a Presentation Type
Presentation • View and Navigate a Presentation
• Edit Text
• Build a Presentation

Performing Advanced Text Editing • Format Characters

Operations • Format Paragraphs
• Format Text Boxes
Adding Graphical Elements to Your • Insert Images
Presentation • Insert Shapes
Modifying Objects in Your • Edit Objects
Presentation • Format Objects
• Group Objects
• Arrange Objects
• Animate Objects
Adding Charts to Your Presentation • Create a Chart
• Format a Chart
• Insert a Chart from Microsoft Excel
Preparing to Deliver Your • Review Your Presentation
Presentation • Apply Transitions
• Print Your Presentation
• Deliver Your Presentation

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 PRAD Syllabus-Winter2019 (updated)

Detailed CCPT Syllabus for Public Sectors

Ms. Access Contents

Allocated Hours:10

Getting Started with Access • Orientation to Microsoft Access

• Create a Simple Access Database
• Get Help and Configure Options in Microsoft
Access
Working with Table Data • Modify Table Data
• Sort and Filter Records
Querying a Database • Create Basic Queries
• Sort and Filter Data in a Query
• Perform Calculations in a Query
Using Forms • Create Basic Access Forms
• Work with Data on Access Forms
Generating Reports • Create a Report
• Add Controls to a Report
• Enhance the Appearance of a Report
• Prepare a Report for Print
• Organize Report Information
• Format Reports
Designing a Relational Database • Relational Database Design
• Create a Table
• Create Table Relationships
Sharing Data Across Applications • Import Data into Access
• Export Data to Text File Formats
• Export Access Data to Excel
• Create a Mail Merge

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 PRAD Syllabus-Winter2019 (updated)

Level -4
Railways Audit Branch
1. Service Rules (Application)

2. Constructions, Project Management and Contract

Evaluation(Application)

3. Stores, Workshops and Services Accounts (Application)

4. General and Revenue Accounts of Railways (Application)

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 PRAD Syllabus-Winter2019 (updated)

1. Service Rules
(Application-With Books)

Level: 4 Subject: 1 Marks: 100

Learning Outcomes

On completion of this paper, the trainee officer should be able to:-

1. Know basic laws and rules constituted in consonance with the Constitution of the
Islamic Republic of Pakistan
2. Understand Fundamental Rules relating to terms and conditions of service in
government, admissibility of pay and allowances to government servants and fringe
benefits available to them in the shape of leave, pension etc while in service and after
retirement.
3. Exercise checks and balances devised to control the authority and powers of
government functionaries in the matter of personal management and public funds.
4. Acquire knowledge and skill to hold position of a supervisory officer of a section in any
accounts and audit office.

Specification Grid

S. No. Syllabus Contents Area Weightage %

1 Terms and Conditions of Civil Servants 20
2 Pay and Allowances 20
3 TA Rules/Leave Rules 20
4 Pension 20
5 General Provident Fund , Benevolent Fund and Group Insurance 20
Total 100
Paper Format:

 The above weightage is for guidance purposes only and deviations in setting of paper may be
expected.
 The paper will be subjective containing questions of Numerical in nature, Practical working
e.g. Preparation of Pay Bill, Leave Account, TA Bill, LPC, Pension Calculation, Scenario
based questions, Case Study and Commentary etc.

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 PRAD Syllabus-Winter2019 (updated)

Course Contents
S. No. Course Contents
1 Terms and Conditions of Civil Servants
Statutory provisions regarding terms and conditions of service of civil servants –
Civil Servants Act 1973
Terms and conditions of appointment of public servants and probationers
Deputation, Foreign Service
Pension Contribution, Apportionment of Pension (between Federal and
Provincial Governments)and Capitalized Value of Pension
Seniority Rules,1993 with time to time amendments
Seniority Rules relating to Service Groups
Appointment, Promotion and Transfer Rules, 1973
Definitions as contained in FR & SR Vol-I and II
Medical certificate of fitness to join a new post
Lien
Age limit for appointments and age relaxation rules
Government Servants Conduct Rules, 1964
Government Servants Efficiency & Discipline Rules, 1973
Procedure of departmental proceedings against government servants, Suspension,
Reinstatement and Appeals etc.
Resignation from service
Combination of appointments (additional charge and current charge appointments)
Contract Service – Regularization of contract into regular service
Joining Time – provisions in FR&SR.
Admissibility of joining time
Calculation of joining time and joining time pay
2 Pay and Allowances
Statutory provisions regarding pay and allowances
Fixation of pay on initial appointments, revision of pay scales, promotions, acting
charge appointment, officiating appointments, up-gradations, demotion,
protection of pay, appointment from lower to higher and higher to lower pay
scales, etc.
Adhoc appointments, current charge, additional charge appointments
Grant of annual increments, increment in the year of retirement, personal pay beyond
maximum of pay scales
Fixation of pay on initial appointments, promotions, adhoc appointments, current
charge, additional charge and officiating appointments, re-fixation of pay on
presumptive basis, anomaly etc
House Rent, Conveyance, Dearness and other allowances
Preparation of pay slip, last payment certificate, service statement
3 TA Rules
TA Rules, TA on Tour, Transfer, Retirement etc.
TA Rules for foreign tours
Preparation of TA Bills
4 Leave Rules
Earning and accumulation of leave
Various types of leave
Extension of leave

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 PRAD Syllabus-Winter2019 (updated)

Leave Account, calculation of leave, preparation of leave accounts, grant of leave with
or without MC, encashment of LPR
5 Pension
Basic conditions for grant of pension
Minimum length of service for pension
Classification and categorization of pensions
Emoluments reckonable for pension
Qualifying and non-qualifying service for pension
Family members and distribution of pension
Commutation and Gratuity
Death / Disability pension
Calculation of gross pension, commutation, gratuity, net pension, family pension
(in service and after retirement death cases), increases on pension
Other retiring benefits in accordance with Prime Minister’s Assistance Package to the
families of Government servants who die while in service
Preparation of pension papers
6 General Provident Fund
Statutory provisions
GP Fund Rules
Constitution of the Fund, Nomination, Subscriptions
Allotment of number and maintenance of GPF Account
Transfer of GPF balances from one Accounts Office to other
Refundable and Non-refundable advances from GPF accounts, final payment of GPF
Calculation of profit on GPF Accounts, maintenance of GPF Ledgers (manual and
computerized)
7 Group Insurance and Benevolent Fund
Method of deduction of GI and BF monthly contributions from salaries
Payment of Group Insurance and monthly Benevolent Fund Grants
Farewell Grant
Educational scholarships / marriage and other grants

Prescribed Books (allowed in examination)

1. ESTACODE 6. Compilation of Pension

2. Handbook of DDOs 7. GP Fund Rules
3. TA Rules 8. Benevolent Fund and Group Insurance
4. Leave Rules, 1980 Rules
5. Compendium of Pay and Allowances 9. Civil Servants Act 1973.
10. Government Servants (Efficiency and Disciplinary) Rules 1973
11. Civil Servants (Appointment, Promotion and Transfer) Rules, 1973
12. Civil Servants (Appeal) Rules, 1977
13. Civil Servants (Seniority) Rules, 1993
14. Civil Servants (Confirmation) Rules, 1993
15. Initial Appointment to Civil Posts (Relaxation of Upper Age Limit) Rules,1993
16. Removal from Service (Special Powers) Ordinance, 2000
17. Fundamental Rules & Supplementary Rules
18. Civil Service Regulations.
19. All relevant provincial laws, rules etc.

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 PRAD Syllabus-Winter2019 (updated)

2. Construction, Project Management and Contract

Evaluation
(Application-With Books)

Level: 4 Subject: 2 Marks: 100

Learning Outcomes

On the successful completion of this paper candidates will be able to acquire sufficient knowledge
to understand and evaluate initial accounts & Subsidiary accounts record of:
a. The projects (including Railways subsidiaries)
b. Project Management and contract evaluation, in accordance with the provisions of
Pakistan Government Railways Code for Engineering Department, Way & Works
Manual, State Railways General Code Volume-I, PPRA Rules 2004, Public Sector
Companies (Corporate Governance Rules 2013, the Companies Ordinance 1984
and Securities and Exchange Commission of Pakistan Act, 1997.

Specification Grid

Weightage
S. No. Syllabus Content Area
(%)
Railways Construction Accounts (Civil, Electrical, Signal &
1 40
Telecom)
2 Corporate Law, Project Management & Contract Evaluation 40
3 Accounts of Subsidiaries 20
Total 100

Paper Format:
 The above weightage is for guidance purposes only and deviations in setting of paper may be
expected.
 Paper will consist of two parts, Part 1: MCQs of 20 marks and Part II: Subjective of 80 marks

Course Contents
a) Kinds of Estimates, their preparation and verification by Accounts Office (including
estimates for deposit works and Assisted sidings), Financial justification and operating
ratio.
b) Project Management including preparation, vetting and formulation of PC-I to PC-V,
Tendering procedure including import of Plant, Machinery and equipment for the
projects chargeable to PSDP.

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 PRAD Syllabus-Winter2019 (updated)

c) Execution of works, urgency certificates, Material Modification, Measuring & Payment

of the value of work done, Responsibility of Executive Engineers in control over
expenditure and action warranted in case of excess over estimates.
d) Initial Accounts of Construction & Open Lines, completion of works, Leasing &
Licensing of Railways land and rules concerning rent of buildings.
e) Procedure for execution of Misc. works such as deposit works and incidence of assisted
sidings including the works for Defence, Civil & Postal Departments.
f) Definitions, incorporation of companies, shares, debentures & rights of shareholders,
charges and mortgages, management & administration of companies, investments,
contracts and disclosure of interests, accounts, audit and distribution of profit as per
provisions of Companies Ordinance 1984.
g) Powers and functions of SECP and its Policy Board and Audit oversight Board as per
provisions of SECP Act 1997.
h) Procurement planning, prequalification, qualification and disqualification of suppliers
and contractors, methods of procurement, Maintenance of record and freedom of
Information as per Public Procurement Rules 2004.
i) Responsibility, powers and functions of BOD of a Public Sector Company, Key
Information to be placed for decision by the Board. Role and qualification of Chief
Financial Officer and Company Secretary, and Duties & Responsibilities of Audit
Committee as per Public Sector Companies (Corporate Governance) Rules, 2013.
j) System of Book keeping, Internal Audit, financial management, risk management and
audit of companies owned by Pak. Railways.

Prescribed Books (allowed in examination)

1. Pakistan Government Railways Code for the Engineering Department

2. Pakistan Railways Way & Works Manual
3. State Railways General Code Vol-I
4. Public Procurement Rules, 2004 and supplementary regulations issued by PPRA.
5. The Companies Ordinance 1984.
6. The Public Sector Companies (Corporate Governance) Rules 2013.
7. The Securities & Exchange Commission of Pakistan Act 1997.
8. The Memorandum and Articles of Association of the subsidiaries of Pakistan
Railways.
9. Relevant Sectoral Audit Guidelines.

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 PRAD Syllabus-Winter2019 (updated)

3. Stores, Workshop & Services Accounts

(Application-With Books)

Level: 4 Subject: 3 Marks: 100

Learning Outcomes

On the successful completion of this paper, the candidates will be able to understand and conduct
audit of:

1. Workshop Manufacturing Suspense Accounts,

2. Inventory Controls,
3. Physical Stock verification in accordance with State Railways Code, Store Code and
Mechanical Code, their Manuals and PPRA Rules.

Specification Grid

S.No. Syllabus Content Area Weightage (%)

1 Purchase and Stores Accounts (including Service Accounts) 60

2 Workshop Accounts 40

Total 100

Paper Format:
 The above weightage is for guidance purposes only and deviations in setting of paper may be
expected.
 Paper will consist of two parts, Part 1: MCQs of 20 marks and Part II: Subjective of 80 marks

Course Contents

i. Standard Classification of Railways Stores, including custody of stores, Minima & Maxima,
nature & distribution of stocks, Location of Store Depots, Receipt, custody and Issue of store
from Depots, Maintenance of Depot Ledgers. Issues to and Receipt from Workshops, and
Condemnation & Auction of Railways Stores.
ii. Inventory Controls and Accounting of Receipt and Issue of Stores in the Accounts Office
including Transfer transactions, Stores journal and final Accounts.
iii. Preparation of Annual Statement of Stores Transactions & Stores Budget.
iv. Procurement, Planning, Tendering, Method of Procurement, Inspection of procured material
and its ultimate transfer to depots and site of works.

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 PRAD Syllabus-Winter2019 (updated)

v. Internal check and payment of Supplier’s bills in Accounts Office.

vi. Physical Stock Verification, its scope, frequency and Method of verification by the Inspector
of Stores Accounts and Stock Verifier, and Preparation, issuance & ultimate disposal of
Accounts Stock Sheets, Account Notes & Inspection Reports.
vii. Attendance and payment system of workshop labour including payment by results.
h) Annual Rolling Stock Program and Budget.
viii. Onecost, Job costing, Work Order system, estimates, foundry and Saw Mill Accounts,
compilation and maintenance of Workshop Manufacturing Suspense Accounts (WMS A/c)
including Workshop General Register Workshop Account Current and Workshop Out-turn
Statement.
ix. Financial justification of expenditure including productivity tests.
x. Rules and regulations applicable to Railways Hospitals, Educational Institutions and other
Services organizations.

Prescribed Books (allowed in examination)

1. State Railways General Code Vol-I

2. State Railways Code for Stores Department
3. Manual of Stock Verification
4. Pakistan Govt. Railways Code for Mechanical Department
5. Modernized Accounting Procedure Manual (Chapter 10,11,12 & 16)
6. Public Procurement Rules, 2004 and supplementary regulations issued by PPRA.
7. Rules and regulations applicable to Railways Hospitals, Educational Institutions and other
Services organizations.
8. Relevant Sectoral Audit Guidelines.

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 PRAD Syllabus-Winter2019 (updated)

4. General and Revenue Accounts of Railways

(Application-With Books)

Level: 4 Subject: 4 Marks: 100

Learning Outcomes

On the successful completion of this paper, candidates will be able to acquire sufficient knowledge
and skills in understanding and audit of accounts of PR in accordance with Railways Accounts
Code Volume-II, State Railways General Code, Pakistan Railways Commercial Manual, etc.

Specification Grid
S. No. Syllabus Content Area Weightage (%)
1 Organization of Railways Accounts and Applicable Department and
Allied Regulations 20
2 Structure and Compilation of General Accounts 30
3 Revenue Accounting 30
4 Internal Controls and Functions of Internal Audit 20
Total 100

Paper Format:
 The above weightage is for guidance purposes only and deviations in setting of paper may be
expected.
 Paper will consist of two parts, Part 1: MCQs of 20 marks and Part II: Subjective of 80 marks

Course Contents
1. Organization of  Functions of Railways Accounts Department.
Railways Executive,  Organization of the Office of FA&CAO/PR, FA&CAO
Accounts and Railways Revenue, FA&CAO/M&S.
Audit Departments.  Organization and Function of the Office of the Chief Internal
Auditor of Pak. Railways.
 Organization & Function of D.G. Audit/Railways.
 Organization of Ministry of Railways/ Railway Board.
 Organization of the Offices of CEO, GM/M&S &
G.M./Welfare of Pakistan Railways.
 Duties of Accounts Officers. Relationship between Accounts
& Executive. Relationship between Accounts, Internal Audit
and Statutory Audit of Pakistan Railways.
 Scope, Method and result of Internal check on the
Transactions relating to Pakistan Railways.
 Investigation of Fraud & embezzlement cases and its
depiction in the Books of Accounts.

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 PRAD Syllabus-Winter2019 (updated)

2. Structure of  Commercial and Government Accounts

Railways  Capital & Revenue Accounts of Railways
Accounts  Classification in Government Accounts
 Accounts heads linking Commercial &Government Accounts
 Suspense heads.
 Compilation of Railways Accounts, including maintenance of
General and Subsidiary Accounts Record/Books.
 Monthly, Annual and Finance Account of Railways
 Debt Head Report
 Remittance Transactions
 Audit Communications, its liaison and ultimate disposal.
3. Revenue  Procedure followed at Railway Stations for booking of coaching
Accounting goods and other traffic including system of cash
collection
 Procedure followed by Traffic Accounts Branch for checking of returns
received from stations
 Check of Station Balance Sheet including preparation of
approximate Balance Sheet
 Error Sheets and its disposal
 Maintenance of carriage bills and Accounts Office Balance
Sheet
 Check of handling bills
 Compilation of Traffic Book, Part-A,B& C.
 Duties & functions of Inspector of Station Accounts.
4. Internal  Internal Controls
Controls and  Inspection of Executive & Accounts Office including Purchase,
Functions of Stores Workshop, Divisions, Subordinate Offices, subsidiaries etc.
Internal Audit  Liaison with audit and Railway Executive for speedy disposal of audit
Reports etc.
 Compilation of annual Internal Audit Report

5. Financial attest  Financial Attest of final accounts to certify that the accounts present a
of annual true and correct picture of financial health of
Accounts Pakistan Railways and its subsidiaries.

Prescribed Books (allowed in examination)

1. Pakistan Government Railways Codes for the Accounts Department (Vol-I & II).
2. Pakistan Railways Commercial Manual
3. Manual of Instructions for the Guidance of Travelling Inspectors of Station Accounts (ICGs)
4. Manual of Inspection Accounts (IA) Section of Traffic Accounts Branch
5. Manual of Balance Sheet Section of Traffic Accounts Branch
6. Manual of Accounts & Approximate Returns (A&AR) Section of Traffic Accounts Branch.
7. The Railways Act, 1890
8. The Organization Manual of Pakistan Railways, 1930.
9. Relevant portion of FAM and QMF.

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