B Com Exam > B Com Videos > Auditing and Secretarial Practice > Appointment of Company Secretary, Auditing and Secretarial Practice
Appointment of Company Secretary, Auditing and Secretarial Practice Video Lecture | Auditing and Secretarial Practice - B Com
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FAQs on Appointment of Company Secretary, Auditing and Secretarial Practice Video Lecture - Auditing and Secretarial Practice - B Com
| 1. What is the role of a Company Secretary? |  |
Ans. A Company Secretary plays a crucial role in ensuring that a company complies with all legal and regulatory requirements. They are responsible for maintaining the company's statutory registers, preparing board meeting agendas and minutes, handling corporate governance matters, and ensuring compliance with company laws and regulations.
| 2. What are the qualifications required to become a Company Secretary? | |
Ans. To become a Company Secretary, one must have a Bachelor's degree in Commerce (B Com) with a specialization in Auditing and Secretarial Practice. Additionally, they need to complete the Company Secretary (CS) course offered by the Institute of Company Secretaries of India (ICSI). The course consists of three stages: Foundation, Executive, and Professional.
| 3. What is Auditing and Secretarial Practice in B Com? | |
Ans. Auditing and Secretarial Practice is a specialization within the Bachelor of Commerce (B Com) degree program. It is aimed at providing students with in-depth knowledge and skills in auditing, corporate secretarial practices, and compliance. Students learn about auditing techniques, internal control systems, secretarial procedures, legal aspects of business, and corporate governance.
| 4. What are the job prospects for Company Secretaries? | |
Ans. The job prospects for Company Secretaries are quite promising. They can work in various sectors such as corporate houses, banks, financial institutions, government organizations, and consultancy firms. Some of the job roles include Company Secretary, Compliance Officer, Corporate Governance Executive, Legal Advisor, and Corporate Law Consultant. Company Secretaries also have opportunities to work as independent professionals or start their own consultancy firms.
| 5. How can I prepare for the Company Secretary examination? | |
Ans. To prepare for the Company Secretary examination, it is important to have a thorough understanding of the subjects covered in the course. Make use of study materials provided by the Institute of Company Secretaries of India (ICSI) and refer to recommended books for additional references. Practice solving previous years' question papers and take mock tests to assess your knowledge and improve your time management skills. Consider joining coaching classes or online tutorials for guidance and expert advice.
Text Transcript from Video
182 what steps should be taken on the
appointment of a new company secretary
the register of secretaries must be
amended and Companies House must be
informed on Form APO 3 or APO 4 within
14 days of the appointment
consideration should be given to various
notifications perhaps the bank should be
informed and the bank mandate amended
perhaps the pension fund trustees should
be informed
perhaps the appointment is so momentous
that a press release should be issued
it is a good idea for the new company
secretary to take possession of the
statutory registers the minute books the
company seal if there is one the
memorandum and articles and any other
relevant documents he should check that
everything is in order and make
appropriate inquiries if this is not the
case there are two very good reasons for
doing this quickly
the outgoing company secretary may still
be available and it is best to solve any
problems at once any problems will
clearly be the fault of the previous
regime after a time they will be seen as
the fault of the present incumbent
appointment of a new company secretary
the register of secretaries must be
amended and Companies House must be
informed on Form APO 3 or APO 4 within
14 days of the appointment
consideration should be given to various
notifications perhaps the bank should be
informed and the bank mandate amended
perhaps the pension fund trustees should
be informed
perhaps the appointment is so momentous
that a press release should be issued
it is a good idea for the new company
secretary to take possession of the
statutory registers the minute books the
company seal if there is one the
memorandum and articles and any other
relevant documents he should check that
everything is in order and make
appropriate inquiries if this is not the
case there are two very good reasons for
doing this quickly
the outgoing company secretary may still
be available and it is best to solve any
problems at once any problems will
clearly be the fault of the previous
regime after a time they will be seen as
the fault of the present incumbent
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Dec 23, 2024 Last updated |
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