Corporate Accounting

Paper Code:

DBBA 501D

Credits:

Contact Hours:

60.00

Max. Marks:

100.00

Objective:

This course will enable the students to -

Provide the knowledge of companies, Shares and regulatory of companies.
Provide the knowledge of issue and redemption of shares and debentures.
Learn about legal procedure of liquidation of companies.

Course Outcomes (COs):

Course

Learning outcomes

(at course level)

Learning and teaching strategies

Assessment

Strategies

Course Code

Course Title

DBBA 501D

Corporate Accounting

CO 309: Recognize accounting entries related to issue, reissue and forfeiture of shares

CO 310: Understand the accounting treatment of issue of bonus shares, right shares, sweat equity shares and ESOP.

CO 311: Understanding the concept and methods of redemption of preference shares.

CO 312: Develop an understanding about the accounting treatment of issue and redemption of Debentures.

CO 313: Recognize the methods of winding up of a company.

CO 314: Prepare Liquidators Final Statement of Accounts.

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 – I

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:

• Maheshwari, S. N., An Introduction to Accountancy, Vikas Publishers, New Delhi
• Mukharjee, A. and Hanif, M., Modern Accountancy, Tata McGraw Hill, New Delhi
• Sehgal, Ashok and Sehgal, Deepak, Fundamentals of Financial Accounting, Taxmann Allied Services, New Delhi.
• Maheswari, S.N. & Maheswari,S.K., Corporate Accounting, Vikas Publishers, New Delhi
• Agarwal, Purohit & Sharma, Corporate Accounting, Shivam Book House.
• Agarwal,Jain,Modi,Sharma,Shah,Mangal; Corporate Accounting, R.B.D. Publications

References:

• Jain, Khandelwal and Pareek, Financial Accounting, Ajmera Book Company, Jaipur
• Tulsian, P.C., Accountancy, Tata McGraw-Hill, New Delhi
• Goel D.K. and Goel Rajesh, Accountancy, Arya Publications, New Delhi
• Ghosh, T.P., Fundamentals of Accounting, Sultan Chand & Sons, New Delhi.

E- resources:
• www.accountingcoach.com
• https://youtu.be/tJ03LIbQXCw
• Elibrary.in.pearson.com

Journals

• https://onlinelibrary.wiley.com
• IUP Journal of Applied Finance, https://www.iupindia.in

Academic Year:

2022-2023