Course Objectives

At the end of this course the learner is expected to

• To provide an understanding and knowledge of special accounts and company accounts.
• To make the knowledge about the Acquisition and amalgamation company accounts.

UNIT - I

Advanced problems in share capital issues – pro rata allotment - buy -back of shares by companies - Valuation of Goodwill and Shares – methods – Issue and redemption of preference shares/debentures.

UNIT - II

Legal position regarding final accounts of companies – Compliance with Accounting standards, Form and contents of Statement of Profit and Loss and Balance Sheet as per SCHEDULE VI – General Instructions for preparation of Statement of Profit and Loss and Balance Sheet – Treatment of Managerial remuneration, dividend tax deducted at source, Declaration of dividends out of reserves, Transfer to Reserves etc.

UNIT - III

Alteration of share capital - Acquisition – Amalgamation - Absorption and Reconstruction (internal and external) schemes

UNIT - IV

Consolidated final statement of Holding companies–Subsidiarycompanies - Intercompany holdings and Owings - Dividend - Treatment of Dividends

UNIT - V

Liquidation – Statement of Affairs – Liquidation Final Statement of Accounts – Social Responsibility Accounting.

REFERENCES

• Jain &Narang, Corporate Accounting, Kalyani Publishers, New Delhi.
• Reddy & Murthy, (2008) Corporate Accounting, Margham Publication, Chennai.