Oil India Limited (OIL) has released the syllabus for the recruitment of Senior Accounts Officer / Senior Internal Auditor, Grade B (Post Code AC-04) under Advertisement No. HRAQ/REC-EX-B/2026-03 dated 15 October 2026.
Candidates preparing for this recruitment should understand the subject-wise syllabus, computer-based test (CBT) structure, and major topics prescribed for the Accounts and Finance post. The official syllabus covers Financial Accounting and Reporting, Cost and Management Accounting, Company Law and Allied Laws, Direct Tax Laws, Indirect Tax Laws, and Auditing and Assurance.
In this article, candidates can find the complete syllabus for Oil India Senior Accounts Officer Recruitment 2026, along with preparation tips and important links.
Important Links – Oil India Senior Accounts Officer Recruitment 2026
Candidates preparing for the Oil India Senior Accounts Officer / Senior Internal Auditor Recruitment 2026 can check the following important links for recruitment updates, syllabus, exam date, exam pattern, salary, selection process, and previous year question papers.
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Oil India Senior Accounts Officer Previous Year Question Papers
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Oil India Senior Accounts Officer Recruitment 2026 Official Notification
Note: The links above direct candidates to Oil India Limited's official recruitment pages. Separate topic-specific articles and official previous year question papers may not be available. Candidates should check the official notification for the latest updates.
For more PSU Finance and Accounts recruitment updates, exam preparation resources, mock tests, and study materials, visit Finance Career.
Oil India Senior Accounts Officer Syllabus 2026: Overview
|
Particulars |
Details |
|
Organisation |
Oil India Limited (OIL) |
|
Post Name |
Senior Accounts Officer / Senior Internal Auditor |
|
Grade |
Grade B |
|
Post Code |
AC-04 |
|
Advertisement Number |
HRAQ/REC-EX-B/2026-03 |
|
Advertisement Date |
15 October 2026 |
|
Examination Mode |
Computer-Based Test (CBT) |
|
Section I |
General English, Reasoning and Numerical Aptitude |
|
Section II |
Subject Knowledge of the Concerned Post |
|
Section I Marks |
40 |
|
Section II Marks |
60 |
|
Total Marks |
100 |
|
Official Syllabus |
Available in the recruitment syllabus PDF |
Oil India Senior Accounts Officer Exam Pattern 2026
According to the official syllabus document, the Computer-Based Test consists of two sections.
|
Section |
Subjects |
Marks |
|
Section I |
General English, Reasoning and Numerical Aptitude |
40 |
|
Section II |
Subject Knowledge – Accounts and Finance |
60 |
|
Total |
100 |
The official syllabus document specifies the marks allocated to each section. Candidates should consult the recruitment notification for other examination rules, including duration, marking scheme and qualifying requirements.
Oil India Senior Accounts Officer Subject-Wise Syllabus 2026
The official syllabus for Post Code AC-04 contains six major subject areas. The topics below follow the syllabus published in the official document.
1. Financial Accounting and Reporting
This section covers accounting standards, financial statement preparation and financial reporting requirements.
Important topics:
- Accounting Standards: Introduction and overview
- Carve-outs and carve-ins in Indian Accounting Standards (Ind AS) vis-à-vis International Financial Reporting Standards (IFRS)
- Preparation of company financial statements
- Profit and Loss Account
- Balance Sheet
- Cash Flow Statement
- Profit or loss prior to incorporation, as per Schedule III of the Companies Act
- SEBI regulations related to financial matters, excluding secretarial issues
- Internal Financial Controls (IFC)
Preparation focus: Revise the applicable accounting standards and practise financial statement preparation, cash flow statements and Ind AS-based questions.
2. Cost and Management Accounting
This section focuses on cost ascertainment, cost control, budgeting and financial decision-making.
Important topics:
- Introduction to Cost Accounting
- Materials, labour and overheads
- Non-integrated accounts
- Methods of costing
- Job and batch costing
- Contract costing
- Operating costing
- Process and operation costing
- Standard costing
- Marginal costing
- Cost management
- Cost-volume-profit (CVP) analysis
- Pricing decisions
- Budgets and budgetary control
- Standard costing and variance analysis
- Transfer pricing
- Cost management in the service sector
- Financial decision modelling
- Employee stock options
- Buyback of securities
- Capital budgeting
Preparation focus: Practise numerical questions on marginal costing, variance analysis, budgeting, capital budgeting and pricing decisions. Also revise the conceptual differences between costing methods.
3. Company Law and Allied Laws
This section covers important corporate and commercial laws relevant to accounting and finance professionals.
Important topics:
- Companies Act, 2013
- Insolvency and Bankruptcy Code, 2016
- Indian Contract Act, 1872
- Negotiable Instruments Act, 1881
- Payment of Bonus Act, 1965
- Foreign Exchange Management Act, 1999
Preparation focus: Study the key provisions, definitions, compliance requirements and important legal concepts under each prescribed law. Give particular attention to provisions relevant to corporate finance, accounting and commercial transactions.
4. Direct Tax Laws
The official syllabus specifies the following area:
- Income Tax Act, 1961
- Rules under the Income Tax Act, 1961
Preparation focus: Revise important income-tax provisions, computation concepts, deductions, tax treatment of different transactions and applicable rules. Use current, applicable tax provisions when practising questions and verify the relevant examination scope from the official notification.
5. Indirect Tax Laws, GST, Customs and Foreign Trade Policy
This section covers indirect taxation and customs-related legislation.
Important topics:
- Goods and Services Tax (GST) Law
- Central Goods and Services Tax (CGST) Act, 2017
- Integrated Goods and Services Tax (IGST) Act, 2017
- Customs Act, 1962
- Customs Tariff Act, 1975
- Foreign Trade Policy, to the extent relevant to indirect tax laws
Preparation focus: Revise GST concepts, important statutory provisions, input tax credit, supply-related concepts, compliance and return filing. Study customs provisions and the relevant aspects of Foreign Trade Policy included in the official syllabus.
6. Auditing and Assurance
Auditing is an important part of the prescribed syllabus and covers audit procedures, internal controls and different types of audits.
Important topics:
- Auditing concepts
- Auditing and Assurance Standards
- Preparation for an audit
- Internal control
- Vouching
- Verification of assets and liabilities
- Company audit
- Audit report
- Special audit
- Cost audit and Cost Records Rules
- Risk analysis and mitigation
Preparation focus: Understand audit procedures, evidence, internal controls, verification and reporting. Practise conceptual MCQs on company audits, cost audits and risk assessment.
Section I Syllabus: General English, Reasoning and Numerical Aptitude
Apart from subject knowledge, candidates must prepare for Section I, which carries 40 marks.
The official syllabus document groups the following subjects under Section I:
General English
- English language fundamentals
- Grammar and usage
- Vocabulary and comprehension practice
Reasoning
- Logical and analytical reasoning practice
- Verbal and non-verbal reasoning questions
Numerical Aptitude
- Quantitative and numerical problem-solving practice
- Arithmetic and calculation-based questions
Important: The uploaded official syllabus document names these three areas but does not provide a detailed topic-by-topic breakdown for Section I. The topics above are general preparation suggestions, not an exhaustive official topic list.
How to Prepare for Oil India Senior Accounts Officer Exam 2026
Step 1: Complete the Professional Knowledge Syllabus
Start with the six subject areas specified for Post Code AC-04. Make a checklist of every topic and track your progress.
Step 2: Practise Numerical Questions
Give regular practice time to Cost and Management Accounting, Financial Accounting, Direct Tax and GST. Solve questions under time limits to improve speed and accuracy.
Step 3: Revise Important Laws
Prepare concise notes covering definitions, key provisions, compliance requirements and important distinctions under the prescribed Acts.
Step 4: Practise MCQs
Attempt chapter-wise questions after completing each topic. Review incorrect answers and revise the underlying concepts.
Step 5: Take Mock Tests
Use timed mock tests to practise switching between Section I and Section II. Analyse your performance after every test and identify weak topics.
Step 6: Revise Regularly
Keep short revision notes for accounting standards, costing formulas, tax provisions, legal provisions and auditing concepts. Revise them repeatedly before the examination.
Frequently Asked Questions (FAQs)
1. Where can I find the Oil India Senior Accounts Officer Syllabus 2026?
The syllabus is included in the official Oil India Limited syllabus document issued under Advertisement No. HRAQ/REC-EX-B/2026-03. The AC-04 syllabus appears on page 7 of the uploaded PDF.
2. How many marks are allocated to Accounts and Finance?
Section II, which covers subject knowledge of the concerned post, carries 60 marks.
3. What subjects are included in the professional syllabus?
The six areas are Financial Accounting and Reporting, Cost and Management Accounting, Company Law and Allied Laws, Direct Tax Laws, Indirect Tax Laws including GST and Customs, and Auditing and Assurance.
4. What is the total CBT mark allocation?
The official syllabus specifies 40 marks for Section I and 60 marks for Section II, making a total of 100 marks.
5. Is GST included in the syllabus?
Yes. The syllabus includes the CGST Act, 2017, the IGST Act, 2017, the Customs Act, 1962, the Customs Tariff Act, 1975, and relevant a
