Corporate Accounting 2023

UNIT I : Issue of shares:Introduction – Accounting Procedures for
issue of equity and preference shares at par, at discount and at
premium – Calls in arrears – Calls in advance – forfeiture and
reissue. Rights issue, Bonus issue and Buyback of shares (Theory
only) Redemption of Redeemable Preference Shares.
UNIT II : Issue of debentures- Accounting procedures for issue of
Debentures – Debentures issued as collateral security – Redemption
of debentures – Methods – Instalment – Lottery – Sinking fund –
Purchase of own debentures – Ex- Interest and Cum- interest
quotations (Purchase of own debentures as investment –cancellation
of own debentures)
UNIT III : Underwriting of shares and debentures – Marked and
unmarked applications – Firm underwriting– Profit and Loss prior to
Incorporation – Final accounts of joint Stock Company as per
schedule III of companies Act 2013 excluding managerial
remuneration.
UNIT IV: Valuation of goodwill – methods – Simple profit – Super
profit – Capitalization method – Valuation of shares – methods –
intrinsic value – Yield value – Fair value – Liquidation – Liquidator
final statement of account only.
UNIT V: Amalgamation, Absorption and Reconstruction – alteration
of share capital – Internal reconstruction – Amalgamation,
Absorption and External Reconstructionof joint stock companies
as per Accounting Standard 14