Being a CS, the professionals are required to know everything about the company, the companies’ directors, and its shareholders to know if all the laws, rules, and regulations are being followed by the company. After the incorporation of companies by a CS, the CS is supposed to be the liability and the primary officer of the company. The Company Secretary’s job will act as a bridge between the company and the legal authorities.
In this blog post, we will run through all the information about CS, eligibility, steps to become a CS, company secretary jobs, company secretary syllabus, and much more.
The Company Secretary (CS) is the designated officer of a company who is responsible for maintaining the company’s records and acts as a representative for the company in any legal or official matters. When it comes to company secretary jobs, a CS is appointed by the board of directors and is responsible to the board.
Though the role of the CS is not legally mandatory, it is required by the laws of most countries. The company secretary’s job role is to take care of the day-to-day activities of the company. The CS maintains corporate records, prepares minutes of the meetings, and keeps the shareholders informed about the business of the company. In a company secretary job, a CS performs his/her duties under the direction of the board of directors.
In the below table, you can find the Company Secretary Syllabus details as well as the company secretary course details.
CS Foundation Program Structure
Paper 1: Business Environment and Law
Paper 2: Business Management, Ethics, and Entrepreneurship
Paper 3: Business Economics
Paper 4: Fundamentals of Accounting and Auditing
|Module 1||Module 2|
|Jurisprudence, general laws, and interpretation||Corporate and Management Accounting|
|Setting up of business entities and closure||Economic, business, and commercial law|
|Company law||Securities Law and capital market|
|Tax laws||Financial and strategic management|
|Module 1||Module 2||Module 3|
|Governance risk management, compliances, and ethics||Secretarial audit, compliance management, and due diligence||Corporate funding and listing in stock exchanges|
|Advance tax law||Corporate restructuring, insolvency, liquidation, and winding up||Multidisciplinary case studies|
|Drafting pleading and appearances||Resolution of Corporate Disputes, noncompliances, and remedies||Elective. You can select one paper out of 8 available choices.|
A student must have to satisfy a few criteria to be eligible for pursuing the CS course and to get company secretary jobs. They are,
|Enroll on 31st March to appear for examination in December of the same year.||Foundation program admission structure|
|Enroll on 13th September to appear for an exam in June of next year.|
|Enroll on 28th February to appear in both module exams in December in the same year||Executive program admission structure|
|Enroll on 31st May to appear in single nodules in December of the same year|
|Enroll on 31st August to appear in both modules in the exam in June of next year.|
|Enroll on 13th November to appear in a single module of examination in June of next year|
|CS executive entrance test fees||1200 INR per module||50% fees concession for SC/ST, physically handicapped, retired personnel of Defense Services, and students from the Northeastern States, Himachal Pradesh, Andaman & Nicobar, and Lakshadweep|
|CS foundation program entrance test fees||1200 INR|
|CS professional program entrance fees||1200 INR per module|
One of the key responsibilities of a company secretary is to ensure that all of the documentation is up to date and accurate. In addition, they also have to keep a record of all of the important information and make sure it’s safe and accessible.
In a Company Secretary’s job, the role is to make sure that all of the legal information for the company is up to date. They also have to liaise with the shareholders and other interested parties who have a financial interest in the company.
If you have successfully cleared the CS course you will be given a job profile according to the below profiles,
There are a lot of potential opportunities out there for people who want to become corporate secretaries at some point in their lives as long as you’re willing to put in the work and make sure your resume is presentable.
The role presents huge opportunities for individuals in law, compliance, business, finance, and even government with the ability to provide services independently or to companies as dedicated secretaries who can support their clients in day-to-day tasks like accounting, tax filing incorporation processes, or even give legal advice when needed. They can also work in a number of companies that collaborate with the private sector as well as government sectors.
A company secretary job is crucial in any company. As a company secretary, you will be responsible for a number of duties, but primarily you will be serving as the main official contact point between the company and the government.
A Company Secretary is accountable for the actions of the company and ensures that the company is meeting all of its legal and regulatory requirements of the company. A company that does not have a role for a company secretary job is not permitted to do business and is considered non-compliant. In order to operate a business, the company must have a CS. Get in touch with the team to know more about combinations of CS and foreign professional courses such as CMA USA, ACCA, CPA, FRM, and CFA by filling out the inquiry form here.
As most companies need a CS to make the company function legally and efficiently, the scope of CS in India is last and the salary will be competitive.
Another thing that makes CS jobs unique is that they are not assigned heavy projects or tight deadlines; instead, they can balance out their professional responsibilities with family life by fitting in appointments as necessary during their working hours. A career as a company secretary can be very rewarding both personally and financially.
You can clear the CS exam in your first attempt if you follow well-crafted study material. Also, you can prepare by setting targets and with constant practice.
A company secretary can go ahead and work independently if they obtain a certificate of practice from the ICSI institute.
Most of the CS papers are theoretical and it makes the most difficult for the majority of the aspirants. However, with proper guidance and preparation, you can clear the CS exam.
The CS exam is conducted by the Institute of Company Secretaries of India(ICSE) and it is a 3 years professional course.
The company secretary exam is a combination of both practical and theoretical. However, most of the subjects are more theoretical in nature.
After 12th Commerce, you can enroll in the Company Secretary foundation program that has 8 months of duration and pursue a future level of courses.