Corporate Accounting

Paper Code: 
DBBA 501D
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Objectives:

1. The main objective of this subject to provide the knowledge of companies, Shares and regulatory of companies.

2. This subject describes the pattern of final accounts of the company.

3. Provides the knowledge of issue of shares and issue of debentures etc.

4. Provides the methods of valuation of goodwill and shares.

Course Outcomes (COs):

 

Learning outcomes

(at course level)

Learning and teaching strategies

Assessment

Strategies

  
 

CO 173: The main objective of this subject to provide the knowledge of companies, Shares and regulatory of companies.

CO 174: This subject describes the pattern of final accounts of the company.

CO 175:  It provides the knowledge of issue of shares and issue of debentures etc.

CO 176: It also provides the methods of valuation of goodwill and shares.

CO 177: This subject also differentiate profit and loss prior period to incorporation and post incorporation.

CO 178: To have a comprehensive understanding of the advanced issues in accounting for assets, liabilities and owner’s equity.

CO 179: Understand the treatment regarding issue of bonus shares and treatment of prior period profits.

Approach in teaching:

 

Interactive Hours using whiteboards, Questioning & Discussion, Reading assignments, Frequent or unannounced quizzes.

 

Learning activities for the students:

Self learning assignments, Effective questions,  presentation, Solving problems of unsolved questions

 

Class test, Semester end examinations, Quiz,  Assignments, Class interaction

  

 

12.00
Unit I: 
Accounting for Share Capital

Accounting for Share Capital – Issue, Forfeiture, and Re-issue of Forfeited Shares; Issue of Bonus Shares and Right Shares; Concept of Book Building, Dematerialization, and Employees Stock option Scheme.
Issue of Shares to Vendors, Promoters, and Issue of Sweat Equity Shares.

12.00
Unit II: 
Accounting for Debentures

Accounting for Debentures: Types of Debentures; Difference between Shares and debentures, Accounting treatment for Issue of Debentures, Treatment of Discount on issue on Debentures and Interest on Debentures

12.00
Unit III: 
Redemption of Debentures –

Redemption of Debentures – Introduction, Methods of redemption of debentures- Conversion into shares or new debentures, Payment in lump sum: Sinking Fund Method, Annual drawings: Redemption by purchase from open market.

12.00
Unit IV: 
Redemption of Preference Shares:

Redemption of Preference Shares: Concept, Methods of redemption of preference shares- redemption out of profits, redemption by way of issuing new shares, redemption partly out of profits and partly out of new issue of shares, redemption by conversion in new shares .
Buy Back of Shares.

12.00
Unit V: 
Accounts of Companies Liquidation:

Accounts of Companies Liquidation: Methods of winding up of company, statement of affairs, preferential payment, Deficiency or surplus Account, Procedure of preparing the Liquidators final statement of account.

Essential Readings: 

1. 1. Maheshwari, S. N., An Introduction to Accountancy, Vikas Publishers, New Delhi
2. Mukharjee, A. and Hanif, M., Modern Accountancy, Tata McGraw Hill, New Delhi
3. Sehgal, Ashok and Sehgal, Deepak, Fundamentals of Financial Accounting, Taxmann Allied Services, New Delhi.
4. Jain, Khandelwal and Pareek, Financial Accounting, Ajmera Book Company, Jaipur
5. Tulsian, P.C., Accountancy, Tata McGraw-Hill, New Delhi
6. Goel D.K. and Goel Rajesh, Accountancy, Arya Publications, New Delhi
7. Ghosh, T.P., Fundamentals of Accounting, Sultan Chand & Sons, New Delhi.

Academic Year: 
2020-2021
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