What is CS Foundation?

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• ICSI CS Foundation is primarily the Company Secretary Foundation 2018.

• The Institute of Company Secretaries of India (ICSI), which controls the CS Foundation, is an organisation that has been working towards the constant development of company secretaries in the country.

• You will finish the first level of the Company Secretary Course when you clear the CS Foundation Programme successfully.

• The ICSI grants degrees and memberships to candidates on the basis of their performance in the ICSI exam, which is conducted in three different stages. The first stage is the Foundation Course that includes a myriad of important subjects that form the base of the profession.

• The CS Foundation was conducted on June 9 and June 10, 2018

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Syllabus for CS Foundation

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Paper 1: Business Environment and Law

Part A: Business Environment

1. Business Environment

2. Forms of Business Organization

3. Scales of Business

4. Emerging Trends in Business Concepts, Advantages and Limitations

5. Business Functions

Part B: Business Laws

1. Introduction to Law

2. Elements of Company Law

3. Elements of Law relating to Partnership and LLP

4. Elements of Law relating to Contract

5. Elements of Law relating to Sale of Goods

1. Elements of Law relating to Negotiable Instruments

2. Elements of Information Technology Act

3. Role of CS- Duties and Responsibilities, Areas of Practice

Paper 2: Business Management, Ethics and Entrepreneurship

Part A: Business Management

1. Nature of Management and its Process

2. Planning

3. Organisation

4. Human Resource Management

5. Direction and Coordination

1. Controlling

2. Recent Trends in Management

Part B: Business Ethics

1. Overview of Ethics in Business

2. Elements

3. Ethical principles in Business- Indian and Ancient Indian Perspective

Part C: Business Communication

1. Business Communication

2. Essentials of Good English

3. Business Correspondence

4. Interdepartmental Communication

5. E-Correspondence

Part D: Entrepreneurship

1. Entrepreneurship

2. Entrepreneurship-Creativity and Innovation

3. Growth and Challenges of Entrepreneurial Ventures

4. Social Entrepreneurship

1. Government Initiatives for Business Development

2. Social Entrepreneurship

3. Government Initiatives for Business Development

Paper 3: Business Economics

Part A: Economics

1. The Fundamentals of Economics

2. Basic Elements of Demand and Supply

3. Theory of Consumer Behaviour

4. Theory of Production and Costs

1. Analysis of Markets

2. Indian Economy- An Overview

3. Basic Elements of Money and Banking

Part B: Elementary Statistics

1. Descriptive Statistics

2. Mathematics of Finance and Elementary Probability

Paper 4: Fundamentals of Accounting and Auditing

Part A: Fundamentals of Accounting

1. Theoretical Framework

2. Accounting Process

3. Bank Reconciliation Statement

4. Depreciation Accounting

5. Preparation of Final Accounts for Sole Proprietors

1. Partnership Accounts

2. Introduction to Company Accounts

3. Accounting for Non-Profit Organizations

4. Computerized accounting environment

Part B: Fundamentals of Auditing

1. Auditing

2. Audits and Auditor’s Reports

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Exam Pattern for CS Foundation

The Institute has taken a decision to discontinue the OMR based examination and has started the Computer Based Examination (CBE) since June 2014.

You will still continue to be assessed through multiple-choice questions (MCQs). You will be given 4 options, of which one will be correct. There is no negative marking for the wrong answer.

Here is the marking scheme of Computer Based Examination:-

Day and Date Subjects Total Marks

Day-1

1. Business Environment and Law100 marks

2. Business Management, Ethics and Entrepreneurship100 marks

Day-2

3. Business Economics100 marks

4. Fundamentals of Accounting and Auditing100 marks

• The Computer-Based Exam will be conducted in all those cities in India and abroad, where the Institute’s existing examinations are currently held.

• The questions will be displayed on the computer screen both in English and Hindi.

• Subjects like Business Management, Communication and Ethics will have questions only in English.

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How to apply

Eligibility Criteria for CS Foundation

• If you have cleared the Senior Secondary (10+2) examination of a Board/University constituted by law in India or any other exam that is recognised by the Central Government as equivalent thereto, you are eligible.

• Temporary admission is also given to you if you have appeared for or enrolled in a Senior Secondary (10+2 or equivalent) exam. But you must provide proof of passing the examination within 6 months of giving the application.

• Admission is open throughout the year. You just need to send an application in the prescribed Form FC-1 along with the required documentary evidence in support of your date of birth and educational qualification.

• You must pass the Foundation examination within 3 years from the date of your admission.

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Registration for CS Foundation

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• Click on the icon of the online service on top of the ICSI website’s homepage

• Now, go to the ‘Students’ tab and click on ‘Student Registration’

• Select the list of documents as per your qualification and preference from the following options:
  Photograph
  Signature
  Birth certificate (10th pass certificate)
  Roll Number (if appearing)
  12th passing certificate/mark sheet
  Category Certificate (if you belong to SC/ST or Physically Handicapped Category)

• Then select ‘Proceed to Registration’

• Click on the course type and select ‘Foundation Stage’

• Fill in other mandatory details

• Click on ‘Make Payment’ to complete the final stage of registration.