JAIIB Syllabus 2023 and Exam Pattern Revised, Syllabus PDF (2023)

1. Nature and Purpose of Accounting
2. Historical Perspectives
3. New Accounting system / Value system accounting Origins of Accounting Principles
4. Accounting Standards in India and its Definition and Scope
5. Generally Accepted Accounting Principles of USA (US GAAP),
6. Overview of IFRSs
7. Difference between GAAP and IFRS
8. Transfer Pricing

1. Concepts of Accountancy
2. Going Concern Entity
3. Double Entry System
4. Principle of Conservatism
5. Revenue Recognition and Realisation
6. Accrual and Cash Basis

1. Record Keeping Basics
2. Account Categories
3. Debit and Credit Concepts
4. Accounting and
5. Columnar Accounting Mechanics
6. Journalising

1. Recording Transactions in Cash Book
2. Transactions Contained in the Pass Book/Bank Statement
3. Is Passbook a Mirror Image of Cash Book?
4. Causes for Passbook and Cashbook being different
5. Understanding Reconciliation
6. Preparing Reconciliation Statement
7. Need for Bank Reconciliation
8. How to prepare a Bank Reconciliation Statement when extracts of Cash Book and Pass Book are given?
9. Adjusting the Cash Book balance
10. Advantages of Bank Reconciliation Statement

1. Meaning of a Trial Balance
2. Features and Purpose of a Trial Balance
3. Types of Trial Balance and Preparation of a Trial Balance
4. Disagreement of a Trial Balance
5. Classification of Errors,
6. Location of Errors
7. Rectification of Errors
8. Suspense Account and Rectification
9. Rectification of Errors when Books are Closed
10. Adjusting and Closing Entries

1. Meaning of Depreciation
2. Causes of Depreciation
3. Need for Depreciation
4. Factors of Depreciation
5. Accounting Entries
6. Methods of Depreciation
7. Straight Line Method
8. Diminishing Balance or Written Down Value (WDV) Method
9. Advantages and Disadvantages of Straight Line Method
10. Advantages and Disadvantages of Written Down Value Method
11. Units of Production Method
12. Sum of the Years’ Digits Method
13. Replacement of a Fixed Asset and Creation of Sinking Fund
14. Amortisation of intangible assets

1. Expenditure
2. Distinction between Capital and Revenue Expenditure
3. Receipts

1. Types of Instruments of Credit,
2. Term and Due Date of a Bill
3. Certain Important Terms,
4. Accounting Entries to be Passed
5. Accommodation Bill
6. Bill Books

1. Peculiar Features of Accounting System in Banks
2. Accounting Systems of Different Banks
3. Illustration

1. Functions Performed by the Back Office
2. Reconciliation Function in Banks
3. Reconciliation of Inter Branch/ Office Entries

1. Bank Audit
2. Emergence of Risk based Internal Audit
3. Types of Bank Audits Viz. Concurrent
4. Audit
5. Internal Audit
6. Statutory Audit
7. Role of Audit and Inspection

1. Balance Sheet Equation
2. Computation of Balance Sheet Equation

1. Preparation of Trial Balance
2. Adjustment Entries
3. Preparation of Financial Statements from Trial Balance

1. Definition and Types of Companies
2. Distinction between Partnership and Limited Liability Company
3. Classes of Share Capital
4. Issue of Shares
5. General Illustrations
6. Non-voting Shares

Definition and Functions of a Bank, Requirements of Banking Companies as to Accounts and

Audit, Significant Features of Accounting Systems of Banks, Principal Books of Account,

Preparation and Presentation of Financial Statements of Banks, Accounting Treatment of

Specific Items, Preparation of Profit and Loss Account, Comments on Profit and Loss Account

Items, Important Items of Balance Sheet. Disclosure Requirements of Banks to be Added as

Notes to Accounts, Disclosures Prescribed by RBI Under Basel-III, Banks Listed on a Stock

Exchange, Implementation of Indian Accounting Standards (Ind AS)

Meaning of Computerised Accounting, Features of Computerised Accounting, Terms Used in

Computerised Accounting, Difference between Computerised and Manual Accounting,

Advantages and Disadvantages of Computerised Accounting, Functions Performed by

Computerised Accounting Softwares Available in the Market, Computerisation – Scope and

Experiences in Banking, The Core Banking Components, Information Security, Internet and

World Wide Web – Influences on Banking

Forms of Business Organisation, Financial Decision making in a Firm, Objectives of Financial

Management, The Fundamental Principles of Finance, Building Blocks of Modern Finance,

Risk-Return Trade off, Agency Problem in Financial Management, Business Ethics & Social

Responsibility, Organisation of the Finance Function, Relationship of Finance to Economics

and Accounting, Emerging Role of the Financial Manager in India

Meaning of Accounting Ratios, Classification of Ratios, Uses of Accounting Ratios, Limitations

of Accounting Ratios, Calculation and Interpretation of Various Ratios, Different Users and

Their Use of Ratios

What is Simple Interest? What is Compound Interest? Fixed and Floating Interest Rates,

Front-end and Back-end Interest Rates, Calculation of Interest Using Products/Balances,

What are Annuities? Calculating the Future Value of an Ordinary Annuity, Calculating the

Present Value of an Ordinary Annuity, Calculating the Future Value of an Annuity Due,

Calculating the Present Value of an Annuity Due, Repayment of a Debt

Meaning of Debt, Introduction to Bonds, Terms Associated with Bonds, Types of Bonds,

Optionality in Bonds, Valuation of Bonds, Bond Value with Semi-annual Interest, Current Yield

on Bond, Yield-to-Maturity of Bond, Theorems for Bond Value, Illustrations, Duration of Bond,

Properties of Duration, Bond Price Volatility, Problems and Solutions

Fundamentals of Foreign Exchange, Indian Forex Market, Direct and Indirect Quote, Some

Basic Exchange Rate Arithmetic, Forward Exchange Rates

Meaning of Capital Structuring, Leverage/Gearing, Factors Influencing Decision on Capital

Structuring, Theories/Approaches on Capital Structuring, Net Income Approach, Net

Operating Income Approach, Traditional Position, Assumptions in the Approaches on Capital

Structuring, Taxation & Capital Structure, Cost of Debt, Preference, Equity, Determining the

Proportions, Weighted Average Cost of Capital (WACC), Factors Affecting the WACC,

Weighted Marginal Cost of Capital, Determining the Optimal Capital Budget, Divisional and

Project Cost of Capital, Floatation Cost and the Cost of Capital, Misconceptions surrounding

the Cost of Capital

Discounted and Non-Discounted Cash Flow Methods for Investment Appraisal, Basic

concepts of term loans, Deferred payment Guarantees, Project financing, Difference between

term loan appraisal and project appraisal

Meaning of a Lease, Features of a Lease, Types of Leases, Rationale for Leasing, Contents

of a Lease Agreement, Legal Aspects of Leasing, Finance Leases, Operating Leases,

Accounting of Lease Transaction in the books of Lessor and Lessee, Leasing as a Financing

Decision

Working Capital Cycle, Cash and Marketable Securities, Accruals, Trade Credit, Working

Capital Advance by Commercial Banks, Cash Budget Method of Lending, Regulation of Bank

Finance, Public Deposits, Inter- Corporate Deposits, Short-term loans from Financial

Institutions, Rights Debentures for Working Capital, Commercial Paper, Factoring & Forfaiting

Characteristics & Functions of Derivatives, Users of derivatives, Futures, Forward Rate

Agreement (FRA), Swaps, Options

Overview of Income Tax Act, Basic Overview of Deductions in Respect of Certain Incomes &

Deduction 80QQB, 80RRB, 80TTA & 80U, TDS/TCS, Returns, Refund & Recovery

Cost Accounting: Evolution, Meaning, Objectives and Scope, Concepts of Costs,

Classifications and Elements of Cost, Cost Centre and Cost Unit, Methods and Techniques of

Costing, Cost Accounting Standards, Management Accounting: Evolution, Meaning,

Objectives and Scope. Tools and Techniques of Management Accounting, Relationship of

Cost Accounting, Financial Accounting, Management Accounting and Financial Management

Unit and Output Costing, Job Costing: Job Cost Cards, Collecting Direct Costs, Allocation of

Overheads and its Applications, Batch Costing: Features and Applications, Contract Costing:

Features, Distinction between Job and Contract Costing, Progress Payments, Retention

Money, Escalation Clause, Contract Accounts, Accounting for Material, Accounting for Plant

Used in a Contract, Contract Profit and Accounting Entries, Process Costing: Features,

Applications and Types of Process Costing, Process Loss, Abnormal Gains and Losses,

Equivalent Units, Inter-Process Profit, Joint Products, By-Products and Accounting, Service

Costing: Features and Applications, Unit Costing and Multiple Costing, Application,

Identification of Cost Unit and Cost Determination and Control

Definition, Significance and Applications, Various Types of Standards, Installation of Standard

Costing System—for Material, Labour, and Overhead, Variance Analysis for Materials, Labour

and Overheads and Accounting Treatment of Variances, Benchmarking for Setting of

Standards, Variance Reporting to Management

Meaning, Advantages, Limitations and Applications, Breakeven Analysis, Cost-Volume Profit

Analysis, P/V Ratio and its Significance, Margin of Safety, Absorption Costing: System of Profit

Reporting and Stock Valuation, Difference between Marginal Costing and Absorption Costing,

Income Measurement under Marginal Costing and Absorption Costing

Budget Concept, Manual, Fixed and Flexible Budgets, Preparation and Monitoring of Various

Types of Budgets, Budgetary Control System: Advantages, Limitations and Installation, Zero

Based Budgeting, Programme and Performance Budgeting