UPSC EPFO Complete Study Notes – Labour Laws, Social Security, Accounting & Audit | Sleepy Classes

Description

Preparing for UPSC EPFO (Enforcement Officer/Accounts Officer or APFC) means mastering subjects that are usually scattered across bare Acts, government notifications and bulky textbooks. This book from Sleepy Classes brings them all into one clear, well-organised set of notes: 56 chapters across 5 parts, in about 620 pages.

Part A – Industrial Relations and Labour Codes: approaches to industrial relations, the trade union movement, collective bargaining and workers’ participation in management. It explains the Trade Unions Act, the Standing Orders Act and the Industrial Disputes Act, and gives detailed coverage of the Industrial Relations Code, 2020. It also covers the wage laws, from the Payment of Wages, Minimum Wages and Payment of Bonus Acts to the Code on Wages, 2019, along with the Factories Act, the Mines Act and the Child and Adolescent Labour Act.

Part B – Labour Welfare and the OSH Code: labour welfare theories and statutory welfare measures, tripartism and labour policy, workers’ participation, industrial health and safety, and the Occupational Safety, Health and Working Conditions Code, 2020.

Part C – Social Security Laws and Pension Schemes: the Employee’s Compensation, ESI, EPF & MP, Maternity Benefit and Payment of Gratuity Acts, with a side-by-side comparison of the five Acts. It covers the Code on Social Security, 2020 and retirement schemes including EPF, EPS, EDLI, PPF, the Old Pension Scheme, NPS, NPS Vatsalya, the Unified Pension Scheme and Atal Pension Yojana.

Part D – Financial Accounting: accounting concepts and standards (AS, IFRS and Ind AS), journal, ledger, cash book, trial balance, bank reconciliation and bills of exchange. It moves on to final accounts with adjustments, the income statement, balance sheet, cash flow statement and accounting ratios, then depreciation, provisions, inventory valuation (AS-2), company and partnership accounts and key provisions of the Companies Act, 2013.

Part E – Auditing: the nature and types of audit, audit planning, risk assessment and internal control, audit evidence, vouching and verification, audit documentation, completion and review, and the auditor’s report.

Why students find it useful:

• Simple, teacher-style explanations with real-life examples
• Recent changes flagged, including the Labour Codes now in force
• Journal entries, ledgers and financial statements worked out step by step
• Concept checks in every chapter and a practice question bank for accounting
• A clickable contents page so you can find any chapter quickly

Also useful for other labour-law, commerce and accounting papers in competitive examinations.