CS Foundation Online Video Lectures

Business environment is the study of all factors that affect the business, forms of business and organisations. The study of Business Environment enables any organisation to successfully conduct its business with a dynamic approach. Business Laws regulate the relationship of Business and profession with the society.  They are essential to regulate and govern the business and its interaction with people.

ICSI has introduced this paper, Business Environment & Law,  at the CS Foundation level because it is important for CS aspirants to understand business, its needs, factors that affect business, the opportunities and threats that beckon any business organisation. This enables you to know different forms of business, its boundaries and overall functioning of organisations. Also, Law is one of the most important subjects for a Company Secretary. Introduction to Business Laws enables a student to understand basics of Law, legal terminologies and interpretation of Acts that govern business entities; this forms a stepping stone for further studies of Law related subjects. A student is expected to have thorough knowledge about the basics and fundamentals of Law, since it forms part of core subjects in the Executive and Professional levels. Additionally, as Company Secretaries, your core area of practice and expertise will revolve around different Laws of the country, so, a clear understanding of concepts will ensure that the basics are stronger to gear up for the next levels.

Considering this, we at LearnCab understand that recall of concepts is very important. So, our lectures are short, crisp and engaging. But we encourage you to take your own notes while viewing lectures. Making short notes and mapping keywords in every paragraphs and graphical presentation of notes will help you recall important points to revise before exam. Also, because Law is a very dynamic subject with many amendments, updates and notifications, we keep updating our content to unable you to tackle tricky questions related to amendments applicable to your exam.

The faculty who teach this paper at LearnCab are CS Shruthi and CS Akshata.

CS Shruthi Prakash has 4+ years’ experience as a Professor at Christ (Deemed to be University), Bangalore. She is also a visiting faculty at various esteemed Institutions/Colleges. A Company Secretary by Profession, she holds a Masters’ Degree in Business Laws from National Law School of India University, Bangalore.

CS Akshata is a faculty at the Institute of Company Secretaries of India, Bangalore and other Professional Academies. She is a Company Secretary by Profession. A post graduate from St. Joseph’s College of Commerce, Bangalore, she has 2+ years industry experience in Secretarial and Compliance Matters.

Studying Business Management, Ethics  & Entrepreneurship enables you to develop a broad understanding of business organisations and provides you with an in-depth knowledge about managing areas such as finance, marketing, IT, communication, human resources, etc.

It is important for a CS student to understand skills of management that help him develop as a better manager and face the real-life challenges that occur due to lack of management. This is because of the following:

• Clear communication is one of the most sought-after skills by the industry/employers. CS Foundation students are expected to enhance their writing skills effectively with clarity and precision. As a CS aspirant, you must acquaint yourself with the skills of effective communication. Also, for Company Secretaries, drafting skills play a very important role; good practice of written communication becomes altogether important for examinations at next level
• As a professional, you are expected to conduct yourself with professionalism and follow good ethical practices. You are bound by codes of ethics outlined by the Institute. This way, your clients know that you can be relied upon to conduct yourself professionally and with good ethical behaviour and may use your service long term

Even though business management is largely theoretical, we at LearnCab suggest that clear conceptualisation will help you easily understand this paper and score high marks. With that end in mind, we have engaging, animated videos to best understand the theoretical content.

The faculty who teach this paper at LearnCab are CS Shwetha and CS Akshata.

CS Shwetha has 3+ years of experience in teaching. She is also a Student Counsellor. She has completed an MBA in Human Resource Management from Sikkim Manipal University, and has 2+ years’ corporate experience as an H R Executive.

CS Akshata is a faculty at the Institute of Company Secretaries of India, Bangalore and other Professional Academies. She is a Company Secretary by Profession. A post graduate from St. Joseph’s College of Commerce, Bangalore, she has 2+ years industry experience in Secretarial and Compliance Matters.

CSes are expected to understand business needs and the problems that affect individuals as consumers and producers. It is incumbent upon them to understand basics of Economics which deals with real-time issues of Demand, Supply, Production, Cost and Laws. Also, A CS is regarded as a “Total Business Solution Provider”, and as such, he helps the business with their decision-making process. He is also acquainted with the knowledge to assist business in total

The problems that arise in learning Business Economics is that the subject is quite mathematical. To that end, we solve problems in many different ways so that you gain a good understanding of the subject.

The faculty who teaches this paper is Prof. Supritha Marla. She is a mathematics enthusiast and has 10+ years’ experience in teaching Mathematics and Science. She is B.Sc. graduate in Mathematics & Computer Programming from Mumbai University along with an MBA in Human Resource Management.

The knowledge of accounting is of utmost important for a CS.  That is why ICSI has introduced this paper, Fundamentals of Accounting and Auditing, at the CS Foundation level. A Company Secretary is required to take to care of compliance of Financial Statements as per Law. He should also have sound knowledge on interpreting and analysing Financial Statements. This paper enables a student to prepare Accounts and analyse the same. In addition, the scope of work of Company Secretaries has increased and a practicing Company Secretary can be appointed as Secretarial Auditor for certain class of Companies. As a secretarial auditor, a CS is expected to know basics of Statutory Audit as well. This paper gives insight to students to understand the audit process and how audits are performed.

The paper is a blend of theory and practical applications. Understanding theory concepts and implementing the same on practical problems will help in understanding concepts better. Our illustrated study notes and quizzes that accompany our lectures will give you the necessary practice you need. But be warned! It is not enough to passively view the lectures; we suggest you make your own notes with appropriate mind-mapping of concepts. Also, practice a lot of problems from the mock exams available on the portal.