Concept based notes Corporate Accounting

Biyani's Think Tank

Concept based notes

Corporate Accounting

(. Part-I)

Renu Jain

., M.Phil. Lecturer

Deptt. of Commerce & Management Biyani Girls College, Jaipur

2

Published by :

Think Tanks Biyani Group of Colleges

Concept & Copyright :

Biyani Shikshan Samiti

Sector-3, Vidhyadhar Nagar, Jaipur-302 023 (Rajasthan) Ph : 0141-2338371, 2338591-95 Fax : 0141-2338007 E-mail : acad@ Website :;

ISBN : 978-93-81254-45-5

First Edition : 2009 Second Edition: 2010 Price:

While every effort is taken to avoid errors or omissions in this Publication, any mistake or omission that may have crept in is not intentional. It may be taken note of that neither the publisher nor the author will be responsible for any damage or loss of any kind arising to anyone in any manner on account of such errors and omissions.

Leaser Type Setted by : Biyani College Printing Department

Corporate Accounting

3

Preface

I am glad to present this book, especially designed to serve the needs of

the students. The book has been written keeping in mind the general weakness in understanding the fundamental concepts of the topics. The book is selfexplanatory and adopts the "Teach Yourself" style. It is based on questionanswer pattern. The language of book is quite easy and understandable based on scientific approach.

Any further improvement in the contents of the book by making corrections, omission and inclusion is keen to be achieved based on suggestions from the readers for which the author shall be obliged.

I acknowledge special thanks to Mr. Rajeev Biyani, Chairman & Dr. Sanjay Biyani, Director (Acad.) Biyani Group of Colleges, who are the backbones and main concept provider and also have been constant source of motivation throughout this Endeavour. They played an active role in coordinating the various stages of this Endeavour and spearheaded the publishing work.

I look forward to receiving valuable suggestions from professors of various educational institutions, other faculty members and students for improvement of the quality of the book. The reader may feel free to send in their comments and suggestions to the under mentioned address.

Note:

A feedback form is enclosed along with think tank. Kindly fill the feedback form and submit it at the time of submitting to books of library, else NOC from Library will not be given.

Author

For free study notes log on

4

Syllabus

.. Part-I

Corporate Accounting

Section-A 1. Accounting principles, Conventions and concepts. 2. Accounting Standards : Procedure of framing Accounting Standards and

their relevance in Accounting. AS-1, AS-9, AS-14 and AS-20. 3. Issue of Shares & Debentures, Forfeiture of shares, reissue of forfeited

shares, right shares. 4. Redemption of preference shares and debentures.

Section-B

5. Business Purchase and Underwriting, Profit prior and post incorporation. 6. Final accounts of companies including managerial remuneration, disposal

of profits and issue of bonus shares. 7. Valuation of Goodwill and Shares.

Section-C

8. Internal reconstruction (without scheme) 9. Amalgamation of Companies (excluding inter-company holdings). 10. Liquidation of Companies.

Note : The candidate should be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless.

Corporate Accounting

5

Content

S. No.

Name of Topic

1. Accounting : Principles, Concepts and Conventions

2. Accounting Standard

3. Issue and Forfeiture of Shares

4. Issue of Debentures

5. Redemption of Preference Shares

6. Redemption of Debentures

7. Acquisition of Business

8. Underwriting of Shares and Debentures

9. Final Account of Companies and Managerial Remuneration

10. Disposal or Appropriation of Profits

11. Valuation of Goodwill

12. Valuation of Shares

13. Internal Reconstruction of Companies

14. Amalgamation of Companies

15. Accounts of Companies in Liquidation

16. Unsolved Papers 2011 to 2006

For free study notes log on

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download