Corporate Accounting

UNIT

Content

No. of Hours

 

I

Issue of Shares                                                                                   

Shares – Introduction - Issue of Shares - Equity Shares - Preference Shares – Issue at Par, Premium and Discount - Over Subscription - Pro-rata Allotment - Forfeiture and Reissue of Shares -  Underwriting of Shares.

15

 

 

II

Redemption of Shares, Issue and redemption of debentures

Redemption of Preference Shares – Bonus issue – Rights issue – Debentures – Introduction - Issue of Debentures – Own Debentures - Redemption  of Debentures -  Par and Premium - Sources of Redemption – Sinking Fund Method and Insurance Policy Method - Capital Redemption Reserve.

15

 

III

Final Accounts of Companies                                                

Company Final Accounts – Profit & Loss Account – Balance Sheet - Calculation of Managerial Remuneration - Profit Prior to Incorporation.

15

 

 

IV

Valuation  of Goodwill & Shares and Liquidation of Companies    

Goodwill – Factors affecting goodwill – Need for Goodwill valuation - Valuation of Goodwill – Average Profit Method - Super Profit Method – Capitalization Method. Valuation of Shares - Net Asset Method – Yield Method – Fair Value Method - Liquidation of Companies – Statement of Affairs - Liquidator’s Final   Statement of Account.

15

 

 

V

Double Accounts System                                                       

Double Accounts System – Accounts of Electric Companies – Revenue, Net Revenue of Accounts - Receipts and Expenditure of Capital Accounts - General Balance Sheet - Replacement of an Asset  - Accounting for Human  Resources. (Theory Only)   

12