The posts for which comes under AAO are mentioned below-
Post Code
|
Name of Post
|
Grade Pay
|
F
|
Assistant Audit Officer
|
4800
|
$
|
Assistant Accounts Officer
|
4800
|
For this post, the aspirants who all have opted for AAO should have the basic skill set as the required qualification. As they have to write 3 papers -
1. Paper 1 (Math)
2. Paper 2 (English)
3. Paper 4 (AAO) (Specialized Paper)
SSC Assistant Audit Officer (AAO) Exam Pattern
The mode of AAO paper is online and the pattern of the paper is :
Section
|
Number of Questions
|
Maximum Marks
|
Time Allotted
|
Finance and Accounting
|
40
|
80
|
2 Hrs
|
Economics and Governance
|
60
|
120
|
|
Total
|
100
|
200
|
Note - There will be negative marking of 0.5 marks for every wrong response.
SSC CGL Assistant Audit Officer AAO Syllabus (Paper 4)
The syllabus of this paper can be divided into two main sections, Finance and Accounting, Economics and Governance. The level of topics is of graduation level. The aspirants are advised to first clear the basic concepts and then move to the advanced level of a particular topic. The knowledge of topics is a must for the preparation of AAO paper. The detailed syllabus for these two sections is given below in the table format.
Section
|
Topics
|
Finance and Accounts
|
Nature and scope of Financial Accounting.
|
Limitations of Financial Accounting.
|
|
Basic concepts and Conventions.
|
|
Generally Accepted Accounting Principles.
|
|
Single and double entry- Concept and Numerical questions.
|
|
Books of original Entry - Concept and Numerical questions.
|
|
Bank Reconciliation.
|
|
Journal - Concept and Numerical questions.
|
|
Ledgers - Concept and Numerical questions.
|
|
Trial Balance - Concept and Numerical questions.
|
|
Rectification of Errors - Concept and Numerical questions.
|
|
Manufacturing - Concept and Numerical questions.
|
|
Trading - Concept and Numerical questions.
|
|
Profit & loss Appropriation Accounts- Concept and Numerical questions.
|
|
Balance Sheet Distinction between Capital and Revenue Expenditure.
|
|
Depreciation Accounting - Concept and Numerical questions.
|
|
Valuation of Inventories - Concept and Numerical questions.
|
|
Non-profit organizations Accounts.
|
|
Receipts and Payments and Income & Expenditure Accounts
|
|
Bills of Exchange
|
|
Self-Balancing Ledgers
|
|
Economics and Governance
|
Constitutional provisions, Role and responsibility of Comptroller and Auditor General of India
|
Finance Commission Role and functions
|
|
Definition of Economics and Micro Economics
|
|
scope and nature of Economics
|
|
Methods of economic study and Central problems of an economy and Production possibilities curve
|
|
Meaning and determinants of demand
|
|
Law of demand and Elasticity of demand
|
|
Price, income and cross elasticity;
|
|
Theory of consumer’s behavior- Marshallian approach and Indifference curve approach.
|
|
Meaning and determinants of supply.
|
|
Law of supply and Elasticity of Supply.
|
|
Meaning and Factors of production.
|
|
Laws of production- Law of variable proportions and Laws of returns to scale.
|
|
Various forms of markets-Perfect Competition.
|
|
Monopoly, Monopolistic Competition and Oligopoly ad Price determination in these markets.
|
|
Nature of the Indian Economy Role of different sectors, Role of Agriculture.
|
|
Industry and Services-their problems and growth.
|
|
National Income of India-Concepts of national income.
|
|
Different methods of measuring national income.
|
|
Population- Its size, rate of growth and its implication on economic growth.
|
|
Poverty and unemployment- Absolute and relative poverty, types, causes and incidence of unemployment.
|
|
Infrastructure Energy, Transportation and Communication.
|
|
Economic reforms since 1991; Liberalization, Privatization, Globalization and Disinvestment.
|
|
Monetary/ Fiscal policy- Role and functions of Reserve Bank of India; functions of commercial Banks/RRB/Payment Banks.
|
|
Budget and Fiscal deficits and Balance of payments.
|
|
Fiscal Responsibility and Budget Management Act, 2003.
|
|
Role of Information Technology in Governance.
|
The above-listed topics are the complete set which you are required to cover. While preparing for AAO paper keep some points in mind:-
- Read class eleventh and twelfth NCERT books of Economics and Accounting. It will help you in grasping the basic concepts of each topic.
- Once you complete basics from NCERT books, go through ICAI study material which you will easily get from their website. Read all the important topics as per syllabus given above and solve MCQ given at the end of each chapter.
- Don't go in depth about any topics. Cover the basic definition and characteristics.
- In Microeconomics give more emphasis on understanding graphs related concepts ( for e.g. graph on Marginal cost, Shut down point, demand and supply, monopoly, oligopoly, monopolistic, perfect competition curve in short as well as long run, PPC, budget line, IC etc.)
- For Macroeconomics, you can follow the book "Economics by Ramesh Singh". Read only the Study material related to AAO Syllabus.
- Don't skip numerical questions in accounting.
- In accounting, understanding rectification of error is like a big mountain to climb for students of non-accounting background. Thus try to have at least basic understanding of this chapter.
- Stick to the above-given syllabus while preparing for this paper.
- After covering above-listed topics start taking mock tests. And also do the proper analysis of the mock tests for proper understanding of the grey areas to cover.
While preparing for the Tier- 2 exam, try to cover the syllabus of Paper 3 and Paper 4 also. The most common mistake committed by aspirants while preparing for Tier – 2, exam is that they ignore the importance of covering these topics. Therefore it is an expert advice that you should try to manage time for these topics.
