Corporate Accounting Key II 2025

UNIT I : I Amalgamation and Reconstruction Amalgamation ? Meaning – Purchase Consideration – Lump sum Method, Net Assets Method, Net Payment Method, Intrinsic Value Method – Methods of Accounting for Amalgamation – The Purchase Method (Excluding Inter-Company Holdings). Internal & External Reconstruction Internal Reconstruction ? Conversion of Stock ? Increase and Decrease of Capital ? Reserve Liability – Accounting Treatment of External Reconstruction
UNIT II: Accounting of Banking Companies
Final Statements of Banking Companies (As per New Provisions) – Non-Performing Assets – Rebate on Bills Discounted – Profit & Loss a/c – Balance Sheet as per Banking Regulation Act 1949.
UNIT III : Insurance Company Accounts:
Meaning of Insurance ? Principles ? Types ? Preparation of Final Accounts of Insurance Companies ? Accounts of Life Insurance Business ? Accounts of General Insurance Companies – New Format.
UNIT IV: Consolidated Financial Statements
Introduction-Holding & Subsidiary Company – Legal Requirements relating to preparation of accounts – Preparation of Consolidated Balance Sheet (Excluding Inter-company holdings).
UNIT V: Liquidation of Companies
Meaning- Modes of Winding-up ? Preparation of Statement of Affairs and Statement of Deficiency or Surplus (List H) Order of Payment ? Liquidators Remuneration- Liquidator?s Final Statements.