Corporate Accounting

The book Corporate Accounting has been published according to the new syllabus of B.Com. Sem-III 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.
• Chapter of Consolidated Balance Sheet of Holding Companies has been thoroughly revised and new material has been incorporated.
• The unique salient feature of this revised edition is the revision of the chapter Liquidation of Companies on the basis of the Insolvency and Bankruptcy Code, 2016. Since voluntary winding up (From 1-4-2017) and winding up proceedings relating to a company’s inability to pay debts is now covered under the provisions of the Insolvency and Bankruptcy Code, 2016. Several new illustrations and questions based on the Insolvency and Bankruptcy Code, 2016 have been incorporated in the chapter.
• 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. The entire book has been modified as per the Companies Act, 2013.
• Chapters on Valuation of Shares and Valuation of Goodwill have been thoroughly revised and enlarged.
• 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 up to date knowledge of the subject Corporate Accounting without any exertion on his part.

Corporate Accounting Syllabus For B.Com II Year of Baster University, Atal Bihari Vajpayee Vishwavidyalaya Bilaspur, Pandit Ravishankar Shukla University Raipur (PRSU), Sarguja University Ambikapur

Unit – I Issue, Forfeiture, and Re-issue of Shares: Redemption of preference shares; Issue and redemption of debentures.

Unit – II Final Accounts (as per company act 2013) Liquidation of Company.

Unit – III Valuation of Goodwill and Shares.

Unit – IV Accounting for Amalgamation of Companies as per Indian Accounting Standard 14; Accounting for internal reconstruction–excluding inter-company holdings and re-construction schemes.

Unit – V Consolidated Balance Sheet of holding companies with one subsidiary only.

Corporate Accounting Book Contents

1. Issue, Forfeiture, Reissue, and Buy-Back of Shares
2. Redemption of Preference Shares
3. Issue and Redemption of Debentures
4. Financial Statements of Companies
5. Accounting for Amalgamation of Companies (as Per AS-14)
6. Reconstruction of Companies
7. Consolidated Balance Sheet of Holding Companies (with AS-21)
8. Liquidation of Companies (Including Insolvency and Bankruptcy Code, 2016)
9. Valuation of Goodwill
10. Valuation of Shares