✅ Sr. Accountant Post – Key Details

• Post Name: Sr. Accountant (S1)

• Pay Scale: ₹29,600 – ₹1,19,500 (IDA)

• Eligibility: Inter CA or Inter CMA Pass

• Age Limit: Maximum 30 years (relaxable as per Govt. norms)

• Selection Process: CBT of 200 marks (140 domain + 30 GA + 30 Reasoning)

• Negative Marking: 0.25 marks for each wrong answer

• Qualifying Marks: Gen/OBC/EWS – 40%; SC/ST/PwBD – 35%

✅ NHPC Sr. Accountant Paper Analysis (2022 & 2023)

1. Financial Accounting (Highest Weightage)

• Topics:

  • Basic Accounting Concepts & Conventions (Conservatism, Accrual, Business Entity)

  • Financial Statements (Schedule III, IND AS, OCI, Cash Flow)

  • Depreciation (Sinking Fund, SYD, Reducing Balance)

  • Inventory Valuation (IND AS 2)

  • Bank Reconciliation

  • Ratio Analysis

2. Cost Accounting

• Cost Concepts & Classification

• Budgeting & Budgetary Control (Activity-Based, Flexible, Master)

• Marginal Costing & CVP Analysis (BEP, PV Ratio, MOS)

• Standard Costing & Variance Analysis

• Overhead Accounting

3. Financial Management

• Capital Budgeting (NPV, IRR, Payback, Simulation)

• Sources of Finance (MSME, Repo Market, ASBA)

• Project Finance (PPP, SPV, DBO)

• Cost of Capital (WACC)

• Valuation of Bonds & Equity

4. Auditing

• Internal Audit (Role, Objectives, SIA Standards)

• Verification & Vouching (Assets)

• Internal Control & Fraud Detection

5. Taxation

• Income Tax:

  • Deductions (80C, 80D)

  • Salary & Pension Components (HRA, Commuted Pension)

  • Tax Audit (Sec 44AB), Penalties, Advance Tax

  • MAT, TDS, Return Filing

• GST:

  • Constitutional Basis, Place of Supply

  • Registration, Composition Scheme

  • Returns (GSTR-3B, GSTR-4), TDS under GST

• Customs Act: Valuation & Duties

6. Miscellaneous

• Capital Markets (IPO, Masala Bonds, IDR)

• Project Finance Terms (PPP, SPV)

• Financial Instruments (ASBA)

✅ Subject-wise Weightage Trend (Approx.)

✅ Preparation Tips Based on Analysis

✔ Focus on Accounting Standards (IND AS) and Schedule III
✔ Practice Capital Budgeting & CVP Analysis problems
✔ Revise Income Tax Deductions, TDS, GST Returns
✔ Prepare Internal Audit & Vouching concepts thoroughly
✔ Solve previous year question papers and mock tests

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✅ FAQs

Q1. What is the selection process for NHPC Sr. Accountant?
Ans: Computer-Based Test (CBT) of 200 marks with negative marking.

Q2. Which subject has the highest weightage in NHPC Sr. Accountant exam?
Ans: Financial Accounting and Taxation are the most important.

Q3. What type of questions are asked in Financial Management?
Ans: Mostly from Capital Budgeting, WACC, Valuation of Bonds & Equity.

Q4. Are GST questions theoretical or practical?
Ans: Mostly conceptual (registration, returns, TDS, time of supply).

Q5. Is there negative marking in NHPC Sr. Accountant exam?
Ans: Yes, 0.25 marks for each wrong answer.