Corporate Accounting

The book Corporate Accounting has been published according to syllabus of B.Com. examination. The main object of the book is to enable the students to develop awareness about Corporate Accounting in conformity with the latest provisions of the Companies Act, 2013 .

Salient Features of the revised edition of the Book :

•  Accuracy is one of the important features of the book.
• Simple language and most Systematic order explaining each and every topic at length.
• Provisions of the Companies Act, 2013 which have direct or indirect relation with various topics of the book have been incorporated. Entire book has been modified as per the Companies Act, 2013 (as amended up-to-date).
• The only book on Corporate Accounting which is revised and updated on the basis of the following notifications issued by Ministry of Corporate Affairs, Government of India :

Notification No. GSR 1022(E) effective dated 11.10.2018 :

• For the words “Securities Premium Reserve” the words “Securities Premium” has been substituted.

Notification No. GSR 207(E) effective dated 01.04.2021 :

•  Many important changes have been made in General Instructions for Preparation of Balance Sheet and Statement of Profit and Loss.
• Multiple Choice Questions with answers (250 questions) have been included at the end of the book
•  In the chapter ‘‘Issue and Redemption of Debentures’’ amendments made by the Companies (Share Capital and Debentures) Amendment Rules 2020 have been incorporated in the book.
•  The book adequately satisfies the standard of B.Com. examination since the Illustrations and Questions of this book have been selected from Examination Papers of various Universities.
• Selection of practical Illustrations and Questions in each chapter and placing them in a systematic order is so reasonable, logical, orderly and scientific that even an ordinary student can acquire real, complete, thorough and uptodate knowledge of the subject Corporate Accounting without any exertion on his part.

Corporate Accounting Syllabus For B.Com. Vth Semester of Various Universities and Colleges of Uttar Pradesh

• Unit 1. Shares : Features, Types of Shares, Difference Between Preference Shares and Equity Shares, Share Capital and Its Types. Issues, Forfeiture and Re Issue of Shares, Redemption of Preference Shares.
• Unit 2. Debentures : Features & Types, Issue and Redemption of Debentures, Profit Prior To Incorporation, Use of Profit and Loss Prior to Incorporation, Methods of Computing Profit and Loss Prior to Incorporation. Final Accounts, General Instruction for Preparation of Balance Sheet and Statement of Profit and Loss.
• Unit 3. Valuation of Goodwill : Meaning and Nature of Goodwill, Needs and Methods of Valuation of Goodwill, Valuation of Shares, Need and Methods of Valuation of Shares.
• Unit 4. Accounting for Amalgamation of Companies As per Indian Accounting Standard 14. Meaning, Characteristics and Objectives of Amalgamation, Kinds of Amalgamation, Accounting for Internal Reconstruction Internal and External.

Corporate Accounting Contents :-

1. Issue, Forfeiture And Reissue Of Shares
2. Redemption Of Preference Shares
3. Issue And Redemption Of Debentures
4. Profit Or Loss Pre And Post Incorporation
5. Final Accounts (Including General Instruction For Preparation Of Balance Sheet And Statement Of Profit And Loss)
6. Valuation Of Goodwill
7. Valuation Of Shares
8. Accounting For Amalgamation Of Companies (As Per As-14)
9. Reconstruction Of Companies
   ● Multiple Choice Questions