Course Title: Advanced Corporate Accounting L T P/S SW/F TOTAL

Course Code: ACCT606 W CREDIT

UNITS
Credit Units: 4 4 - - - 4
Course Level: PG

Course Objectives:
To help the students understand the techniques of restructuring and liquidating the corporate entities.
To provide the student with knowledge of recent developments in corporate accounting
Toteach them the Various Requirements of Corporate Reporting.

Pre-requisites:
Basic Knowledge of financial Accounting and corporate Accounting.

Course Contents/Syllabus:
Weightage (%)
Module I Final accounts of Companies 15
Descriptors/Topics
Preparation and presentation of final accounts of joint stock companies as per company law requirements; provisions
and reserves; determination of managerial remuneration; appropriation out of profits; transfer of profits to reserves;
payment of dividend, transfer of unpaid dividend to Investor Education and Protection Fund; bonus shares and payment
of interest out of capital.

Module II Profit Prior to incorporation & Purchase of Business 15

Descriptors/Topics
Profit(Loss) prior to incorporation-Meaning-Cut off date-basis of apportionment. Acquisition of business- Meaning-
Purchase consideration-Net Asset Method-Net Payment Method

Module III Business combinations &Corporate Restructuring as per 20

SEBI Guidelines

Descriptors/Topics
Concept and Accounting Treatment as per AS 14,
SEBI Guidelines.
Advanced problems for Amalgamation and reconstruction
The Pooling of Interests Method
The Purchase Method
Consideration
Treatment of Reserves, Goodwill and Pre- Acquisition & Post-
Acquisition Profit
Accounting in the books of Transferor and Transferee
Merger and De-merger
Acquisition of Business
Internal Reconstruction

Module IV Valuation of Shares and Intangible Assets 15

Descriptors/Topics
Valuation of Shares, Methods of Valuation, Price Earning Multiple
Valuation, Discounted Cash Flow (DCF) Method
Valuation of Intangibles: Brand & Goodwill

Module V Holding and subsidiary companies 15

Descriptors/Topics
Meaning, Wholly owned and partly owned subsidiaries. Preperation of consolidated balance sheet , Cancellation of
investment, cost of control(Goodwill, capital reserve), minority interest, pre acquisition profits and revenue profits,
inter company transactions, revaluation of assets, Unrealised profits on stock, dividend received from a subsidiary
company, proposed dividend in the balance sheet.

Module VI Liquidation &Corporate Financial Reporting

Types of liquidation, Preparation of Liquidator’s Statement of affairs, order of payment, Liability of present and past 20
members, Liquidator’s remuneration, Liquidator’s Statement of accounts, Appointment of receiver.
Various Requirements of Corporate Reporting, Value Added Statements: Economic Value Added (EVA), Market Value
Added , Shareholders' Value Added
Student Learning Outcomes:

On the successful completion of this course the student will be able to gain knowledge and understanding of the concepts and practices of company
accounts in accordance with statutory requirements.

Pedagogy for Course Delivery:

The course is covered by adopting a combination of lecture methods, class presentation by groups of students, self study sessions. Each student is required to do
the back ground reading from the specified chapters of the prescribed book before coming to class. Cases are also to be analyzed, discussed in groups (teams)
outside the class as preparatory work.

Lab/ Practicals details, if applicable:

NA

List of Experiments:
NA

Assessment/ Examination Scheme:

Theory L/T (%) Lab/Practical/Studio (%) End Term Examination

100 -N.A 70

Theory Assessment (L&T):

Continuous Assessment/Internal Assessment End Term Examination

Components (Drop down) CT Project Viva A

Weightage (%) 10 10 5 5 70

Lab/ Practical/ Studio Assessment:

Continuous Assessment/Internal Assessment End Term Examination

Components (Drop down

Weightage (%)
Text Reading:
S.N.Maheshwari, Corporate Accounting
Mukherjee &Hanif- Corporate Accounting
J.R.Monga- Fundamentals of corporate accounting
Grewal and Gupta, Advanced Accounting
Radhaswamy and R.L. Gupta, Advanced Accounting

Any other Study Material:

Journal & Articles