Blog Archive

Sunday, September 22, 2013

VALUE BASED QUESTIONS INTRODUCED BY CBSE

Social, Moral and other values are on an steep decline among masses these days. As our country has witnessed drastic changes in its education system during recent past. A welcome initiative has been introduced by CBSE - one of the leading educational Board in this regard.
CBSE has recently introduced Value Based Questions carrying 4 to 5 marks in many subjects - Class wise. Some Common Examples of such values have been given hereunder:


Helpful
Thankful
Cooperative
Holistic or all round development of nation
Respectful
Generosity
Concern for others
Respect and care for sr. Citizens
Faith
Lawful
Rural development
Sensitive towards others
Secularism
Big hearted
Equitable distribution
Creation of Employment
Mindful
acknowledging
Empowering women
Promotion of native products of country
Caring
Trust
Bliss
Natural Environment
Equality
Resourceful
Compassion
Unity in diversity
Inner Happiness
Joy
Dedication
Unity in thought, word and action
Kindness
Consciousness
Devotion
Quest of knowledge
Patience
Creativity
Empathy
Spirit of inquiry
Purity
Curiosity
Friendship
Cleanliness
Sharing
Honesty
Forgiveness
Self acceptance
Sincerity
Integrity
Human dignity
Self control
Sympathy
intution
Self-Analysis
Self discipline
Tolerance
Optimism
Self-Knowledge
Self respect
Wisdom
Reason
Self Worth
Surrender
Sense Control
Synthesis
Truthfulness
Understanding
Contentment
Good behaviour
Time Management
Care for environment
Courage
Healthy living
Resourcefulness
National Responsibility
Dependability
Helpfulness
Respect
Appreciation of other cultures and religions
Duty
initiative
Responsibility
National awareness
Ethics
Leadership
Sacrifice
Respect for property
Gratitude
Perservance
Self sufficiency
Service to others
Goals
Happiness
Self confidence
Social justice
Attention
Humility
Simplicity
Sustainable growth
Calm
Inner Silence
Good Manners
Universal love
Concentration
Reflection
Inclusiveness
Unwilling to hurt
Discipline
Satisfaction
Loyalty
Cooperation
Focus
Ceiling on desires
Consideration
Forgiveness
Brotherhood
Citizenship
Concern for all life
Global Awareness



Click on the following link to download these values:


Examples of Values

Wednesday, September 11, 2013

DIFFERENCE BETWEEN CS AND CMA

A company secretary executes her/his work with colleagues at all the levels. A CS is the one who fills the gap between the managers and the employees of the organization. Keeping the board of directors and stakeholders updated about any meeting and agenda, making a detailed note of the proceedings of the entire meeting and handling other documentary work falls into the role of a company secretary. The course of a CS is a professional course conducted by The Institute of Company Secretaries of India (ICSI). The course consists of three stages, Foundation, executive and professional program. A candidate should be 10+2 to start up with a foundation program. There are various institutes that provide training and education to cost and management accountants in India. These institutes are dynamic, premier and professional institutes that are professionally associated towards the industrial and economic development of the nation. The accountant in this profession handles the responsibility as Cost and management Accountants. The job is basically concerned with the provisions and application of accounting information to managers within organizations that help them to make informed business decisions. The basic tasks these accountants perform includes the process of identification, measurement, collection, analysis, formulation, rendering and communication of information and eventually takes place the preparation of a financial report. The ICMAI course is divided into 3 parts. First is the foundation course, which needs a minimum qualification of 10+2, however candidates already applied for the 12th and are awaiting for the results can also apply for the foundation course. Then comes the intermediate course. Although, students who are graduated directly become eligible for the intermediate course, they can skip foundation program. Then comes the final course. ICSI or the Institute of company secretaries of India is the leading entity  that offers valuable certifications to aspirants in the  company secretarial program. The major responsibilities of the institute include registering and keeping track of students, offering opportunities for practical training along with theoretical sessions, conducting examinations in company secretaryship, issuing Government Diploma to successful candidates and so on. Whereas, for Cost and Management Accountant there are various other options, such as doing a certificate course in financial management or choosing up a financial planning course for your post graduation. Apart from the Institute of Cost and Management Accountant of India (ICMAI), many other ICMA institutes promise to offer an accountant course of this level. Mostly commerce students are eligible for this program. However, to enable non-commerce students the ICSI has made it compulsory to take up a course or oral tuition in those subjects of the foundation examination which he/she had not studied at the graduate or post graduate level. So, basically CS handles the legal matters related to the company and CMA specializes in handling the accounts, bookkeeping and audit. ICMA includes collection, assimilation and analysis of financial information from all areas of the company while the role of a CS is that of an advisor in the legal matters of the company. They act as an intermediate between the company and its board of directors, stakeholders and the regulatory authorities. Students, on completion of the CS course can find employment in government accounts or departments of law. Of late, ICMAI course was lagging behind. However, there were important changes in the regulations which has made this profession lucrative both on the professional front and practice. It is expected that the ICMAI courses will also attract more students in the coming years due to the increasing horizon of the profession.