Oil India Limited (OIL), a Maharatna Public Sector Undertaking, has released its Recruitment Notification 2025 for various posts including Senior Accounts Officer / Senior Internal Auditor (Post Code: AC-07). Candidates preparing for this Finance & Accounts related post must be well aware of the detailed syllabus and exam pattern. Below, we provide a comprehensive guide for your preparation.
Mode of Exam: Computer Based Test (CBT)
Duration: 90 Minutes
Total Marks: 100
Sections Covered: Professional Knowledge, General Awareness, Reasoning, Quantitative Aptitude, English Language
Qualifying Marks:
UR/OBC/EWS: 50%
SC/ST/PwBD: 40%
This is the core section of the exam.
Accounting & Reporting
Indian Accounting Standards (Ind-AS) & IFRS basics
Final Accounts, Consolidation, Schedule III compliance
Corporate Financial Reporting
Cost & Management Accounting
Marginal Costing & Break-Even Analysis
Budgeting & Variance Analysis
Standard Costing
Process, Job & Batch Costing
Cost Control & Reduction
Auditing & Assurance
Internal Audit & Statutory Audit
Standards on Auditing (SA)
Risk-Based Audit, Internal Control
Direct & Indirect Taxation
Income Tax (TDS, MAT, Assessment Procedures)
GST (Supply, Input Credit, Returns, Audit)
Customs & Basic Duty
Corporate Laws & Governance
Companies Act, 2013 (Key Sections)
CSR & SEBI Guidelines
Corporate Governance Principles
Financial Management
Capital Budgeting & Cost of Capital
Dividend Policy
Working Capital Management
Risk & Portfolio Management
Government Accounting & PSU Audit
Financial Rules in Public Sector
CAG Audit Provisions
PSU-specific Accounting
Current Affairs (National & International)
Indian Economy, Union Budget, Economic Survey
PSU & Oil/Energy Sector Updates
Banking & Financial Institutions
Number Series, Simplification, Ratio & Proportion
Time & Work, Speed & Distance
Data Interpretation (Tables, Charts, Graphs)
Coding-Decoding, Syllogism
Blood Relations, Seating Arrangements
Reading Comprehension
Grammar & Vocabulary
Sentence Correction
Error Detection
Synonyms & Antonyms
Report & Precis Writing (Basics)
Focus more on Accounting, Taxation, Audit & Financial Management as these carry maximum weightage.
Revise CA/CMA syllabus fundamentals – they overlap with exam topics.
Practice MCQs in Tax & Audit regularly.
Stay updated with Current Affairs & PSU Finance News.
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Important Links |
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To Download Notification 2025 PDF |
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Syllabus Pdf |
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Q1. What is the exam pattern for Oil India Accounts Officer post?
👉 The exam will be a CBT of 100 marks (90 minutes) covering Professional Knowledge, General Awareness, Reasoning, Aptitude & English.
Q2. Which subject carries the maximum weightage?
👉 Professional Knowledge (Finance & Accounts) is the most important section.
Q3. What are the qualifying marks?
👉 UR/OBC/EWS need 50% marks, while SC/ST/PwBD need 40%.
Q4. Is this exam tough for freshers?
👉 The exam requires strong knowledge of CA/CMA syllabus. With proper preparation, even fresh members can qualify.
Q5. When is the CBT scheduled?
👉 Tentative date is 1st November 2025.
Author: Divyanshu Kr Ranjan
Published: August 26, 2025