KARMAYOGI IAS

EPFO GUIDANCE PROGRAM

5 YEARS OF LEGACY IN CIVIL SERVICES

NOW LAUNCHING EPFO GUIDANCE PROGRAM
✨ By Aditya Sir – a trusted name for thousands of aspirants
✨ With Siddharth Sir – a seasoned EPFO faculty
🔹 Recorded + Live Classes for all special subjects
🔹 Test Series – 6 Sectional + 4 Full-Length Tests
🔹 Crisp, Easy-to-Revise Notes
🔹 One-stop centre for all your EPFO preparation needs
This is more than a course – it’s a complete mentorship
experience from India’s most passionate educators.
Join the legacy. Experience the difference.

"You can see our legacy in Civil Services."

A. Industrial relations - 10 classes
1. Background, IR in the post independence period, functions of IR
2. Approaches towards IR, models of IR
3. Introduction to trade union, labour legislation, worker’s participation
4. Employer’s federation and their role in IR
5. Sailent features of IR in India
6. Birth and evolution of the trade union movement in India
7. Objectives, theories and bases of Trade unions
8. TU federations, Presence of locals TUs, Reasons for growth, compulsory unionism
9. Trade union Act
10. Size and finance of TUs, TU rivalry and recognition
11. Industrial disputes - meaning, causes, interests & Right disputes
12. Strikes, forms & effects of strike
13. Industrial dispute act 1947
14. Statutory and non statutory measures of settlement
15. Collective bargaining

B. Labour welfare - 10 classes

1. Labour Welfare: Basic Concepts
• Definition, objectives, and scope of Labour Welfare
• Principles and theories of Labour Welfare
◦ Theories: Policing, Religion, Philanthropy, Paternalistic, Placating, Public
Relations, Functional
• Approaches to Labour Welfare (statutory, voluntary, mutual)
• Agencies of Labour Welfare – Government, employers, trade unions, voluntary
organisations

2. Labour Welfare Officer

• Role, duties, functions, and qualifications
• ILO recommendations on Labour Welfare Officers
• Maharashtra & other state rules regarding appointment of Welfare Officers

3. Welfare Work and Labour Administration

• Statutory vs. non-statutory welfare measures
• Intra-mural and extra-mural welfare activities
• Impact of welfare measures on productivity and industrial relations

4. Social Security
• Concept, need, and types of social security
• Social security legislations in India:
◦ Employees’ State Insurance Act, 1948
◦ Employees’ Provident Funds & Miscellaneous Provisions Act, 1952
◦ Payment of Gratuity Act, 1972
◦ Employees’ Compensation Act, 1923
• ILO conventions on Social Security

5. International Labour Organisation (ILO)

• Origin, objectives, structure, and major conventions ratified by India
• ILO’s role in promoting Labour Welfare globally
6. Labour Policy and Labour Welfare in India
• Evolution of labour welfare in India
• National Commission on Labour recommendations (First & Second)
• Recent labour reforms and Codes (Code on Social Security, Code on Occupational
Safety, Health and Working Conditions, etc.)

7. Occupational Health, Safety and Welfare

• Importance of occupational health
• Provisions under Factories Act and OSH Code related to safety and welfare
• Industrial hygiene, fatigue, accidents, ergonomics

8. Worker’s Education and Training

• Objectives, need, and types of worker education
• Schemes by Central Board for Workers Education (CBWE)

9. Labour Welfare Funds

• Concept and examples (Beedi Workers Welfare Fund, Mica Mines Welfare Fund,
etc.)

10. Labour Welfare under Labour Codes (Recent Reforms)

• Salient features related to welfare in:
◦ Code on Wages, 2019
◦ Industrial Relations Code, 2020
◦ OSH & WC Code, 2020
◦ Social Security Code, 2020

11. Miscellaneous Topics

• Labour market and informal sector welfare issues
• Corporate Social Responsibility and welfare
• Gender and labour welfare (women workers’ welfare provisions)
• Child labour welfare measures

C. Accountancy (10 classes)

1. Accounting Basics
Meaning and objectives of accounting
Accounting concepts and conventions
• Business Entity, Going Concern, Money Measurement, Cost, Accrual, Conservatism, Dual
Aspect, etc.
Principles of Double Entry System
Types of Accounts and Golden Rules
Accounting Cycle: Journal → Ledger → Trial Balance → Final Accounts

2. Journal Entries and Ledger Posting

Recording of transactions
Preparation of journal entries
Posting to ledgers and balancing
Rectification of errors (types, suspense account)

3. Trial Balance
Objectives, methods, preparation
Errors not disclosed by Trial Balance
4. Final Accounts
Trading Account, Profit & Loss Account, Balance Sheet
Adjustments in final accounts:
• Outstanding expenses
• Prepaid expenses
• Accrued income
• Income received in advance
• Depreciation
• Bad debts, provision for bad debts

5. Depreciation Accounting
Meaning, causes, need
Methods:
• Straight Line Method
• Diminishing Balance Method
Journal entries and ledger treatment

6. Bank Reconciliation Statement

Need and importance
Preparation (favourable and overdraft balances)
Reasons for differences between Cash Book and Pass Book

7. Bills of Exchange
Definition and features
Promissory Notes vs Bills of Exchange
Journal entries for:
• Drawing, acceptance, endorsement, discounting, dishonour, renewal, retirement

8. Capital and Revenue

Capital vs Revenue expenditure
Capital vs Revenue receipts
Deferred revenue expenditure

9. Errors and Rectification

Types of errors:
• Errors of omission
• Errors of commission
• Errors of principle
• Compensating errors
Rectification entries

10. Bank Transactions & Cash Book

Types of Cash Book: Single, Double, Triple column
Petty Cash Book and Imprest system

11. Partnership Accounts (Basic)

Meaning and features of partnership
Calculation of interest on capital, drawings, profit sharing ratio
Preparation of Profit & Loss Appropriation Account
Treatment of goodwill (basic concept only)

12. Consignment and Joint Venture (Basic Level)

Meaning, features, journal entries
Differences between consignment and joint venture

13. Company Accounts (Introductory

Meaning of share, types of shares
Issue of shares (journal entries for application, allotment, calls)
Basic knowledge of debentures (no deep calculation required)
14. Accounting Standards (Awareness Level)
Meaning and objectives
AS-1 (Disclosure of Accounting Policies) basic understanding

15. Basic Cost Accounting (if time permits)

Meaning and objectives of Cost Accounting
Elements of cost – Direct Material, Direct Labour, Overheads

D. Auditing (4 classes)
1. Basics of Auditing
Meaning, objectives, importance of auditing
Errors vs Frauds
Difference between Accounting and Auditing
Types of audit:
• Statutory Audit
• Internal Audit
• Management Audit
• Cost Audit
• Tax Audit

2. Types of Errors and Frauds

Errors of omission, commission, principle, compensating errors
Types of frauds: misappropriation of cash/goods, manipulation of accounts
Auditor’s duties in detecting errors and frauds

3. Audit Principles and Concepts

Concepts of:
• True and Fair View
• Materiality
• Evidence
• Independence of Auditor
Qualities of an auditor (integrity, objectivity, confidentiality, professional
behaviour)

4. Internal Control, Check and Audit

Meaning, objectives, importance
Difference between Internal Check and Internal Control
Auditor’s duty regarding internal control system

5. Vouching
Meaning and importance
Vouching of cash transactions (cash receipts and payments)
Vouching of purchases and sales

6. Verification and Valuation

Difference between verification and valuation
Principles of verification and valuation of:
 • Fixed Assets
• Investments
• Inventory
Duties of auditor regarding verification

7. Audit Planning and Procedure

Audit programme – advantages and disadvantages
Audit working papers – types, importance
Audit files – permanent vs current audit file

8. Company Auditor
Qualifications, appointment, removal
Rights, duties, and liabilities of company auditor (Companies Act basics)

9. Audit Report
Types: Clean report, Qualified report, Adverse report, Disclaimer
Contents of audit report
Auditor’s responsibility in reporting

10. Special Audit Areas (Awareness Level)

Government Audit (CAG – basic function)
Cost Audit (meaning and objective)
Tax Audit (meaning and objective)

11. Standards on Auditing (Basic Awareness)

What are Auditing Standards
Example: SA-200 (Overall Objectives of Independent Auditor)

12. Recent Developments in Auditing

Basics of:
• Computerised/EDP auditing
• Social Audit
• Forensic Audit (meaning and purpose)

E. General Science ( 10 classes)

1. Physics (Basic Conceptual and Application Based)
Motion and Laws of Motion
• Newton’s laws
• Types of motion, velocity, acceleration
Work, Energy, Power
• Definitions, units, examples
Gravitation and Pressure
• Laws of gravitation
• Pressure in liquids and gases, atmospheric pressure
Heat and Temperature
• Modes of heat transfer
• Thermometers and temperature scales
Light and Optics
• Reflection, refraction, lenses and mirrors
• Human eye defects (myopia, hypermetropia)
Sound
• Nature of sound, velocity, echo, SONAR
Electricity and Magnetism
• Ohm’s law, series & parallel circuits
• Magnetic effects of current, electromagnetism
Modern Physics (Basics)
• Atomic structure, isotopes, radioactivity

2. Chemistry (Everyday Applications and Basic Theory)

Matter and its States
• Solid, liquid, gas properties
• Changes of state
Atomic Structure
• Protons, neutrons, electrons, isotopes
Chemical Reactions and Equations
• Balancing reactions, types of reactions
Acids, Bases and Salts
• pH scale, examples in daily life
Metals and Non-Metals
• Physical and chemical properties, alloys
Carbon and its Compounds
• Hydrocarbons, fuels, soaps and detergents
Water and Solutions
• Hardness of water, purification methods
Environmental Chemistry
• Air pollution, water pollution, green chemistry basics

3. Biology
Cell – Basic Unit of Life
• Structure of plant and animal cells, differences

Human Physiology (High Weightage)

• Digestive system
• Respiratory system
• Circulatory system (heart, blood, BP basics)
• Excretory system
• Nervous system and sense organs
• Endocrine glands and hormones
Reproduction
• Human reproductive system (basic)
• Sex determination

Genetics and Evolution (Basics)

• Mendel’s laws, DNA-RNA basics

Diseases
• Communicable and non-communicable diseases
• Deficiency diseases (Vitamin-related)
 • Immunity and vaccination
Nutrition
• Carbohydrates, proteins, fats, vitamins, minerals
Plant Physiology
• Photosynthesis, respiration, transpiration
Ecology and Environment
• Food chain, food web, ecological balance

4. General Awareness in Science

Space Science – ISRO missions, satellites, Gaganyaan
Nuclear Science – Basic terms like fission, fusion, reactors
Scientific Instruments – Uses of common instruments
Everyday Science Applications – LPG, CNG, fertilizers, disinfectants

F. Insurance, Statistics and Population, Development

& Globalisation (7 classes)

G. Computer (5 classes)

H. Social security and schemes ( 5 classes)

 EPFO Test Series Plan by KarmayogiIAS

S.
No Date Test Type Topic/Focus Area
.
1 8 August 2025 Sectional Test Accountancy, Auditing and Insurance
Industrial relations, Development &
2 15 August 2025 Sectional Test
Globalization
3 22 August 2025 Sectional Test Labour welfare and Insurance
4 30 August 2025 Sectional Test Current Affairs + Social Security
General Science (Physics, Chem, Bio) and
5 6 September 2025 Sectional Test
Economy
6 12 September 2025 Sectional Test Indian Polity and History
Full Length
7 25 September 2025 Mock Test 1 (All topics)
Mock Test
Full Length
8 3 October 2025 Mock Test 2 (All topics)
Mock Test
Full Length
9 15 October 2025 Mock Test 3 (All topics)
Mock Test
Full Length
10 10 November 2025 Mock Test 4 (All topics)
Mock Test