DDEDU - B.COM SYLLABUS: CORPORATE ACCOUNTING

Dibrugarh University

Syllabus for B.COM Programme

Under Directorate of Distance Education

2^nd Year

Course No: B. Com. 202: CORPORATE ACCOUNTING

Total Marks: 90

Objectives: To Impart reasonable knowledge to enable the learners to pursue Corporate Accounting is conformity with legal requirement.

Block I: Books of Accounts:                                                         18

Books of Accounts and Registers under Required Sec 209 of Indian Companies Act, Statutory report, Advanced problems relating to issue; Forfeiture and reissue of forfeited shares; Buy-Back of Shares; Redemption of preference shares; Issues and Redemption of debentures.

Block II: Company Final Account:                                              18

Preparation of Profit & Loss Account and Balance Sheet as per the provisions of the Companies Act 1956; and Provision laid down under Accounting standards (AS 4; AS3; AS2; AS5; AS12; AS15; AS17; AS18; AS22 and AS29); MODVAT Scheme and Other standard issued from time to time.

Block III: Internal Reconstructions:                                          18

Meaning and scope; Alternation and reduction of Share Capital; Accounting entries for alteration and reduction of share capital. External Reconstruction, Amalgamation; Transferor and transferee company; Absorption: meaning, vendor and Transferee companies; purchase consideration, relevant accounting entries, Provisions under AS14 relating to amalgamation.

Block IV: Banking Companies:                                                   18

Legal Requirements; Preparation of Profit and loss account and balance sheet; Comments on Profit and loss account and balance sheet; Accounting policies for banking sector; Accounts of Insurance Companies.

Block V: Holding Company:                                                         18

Preparation of Consolidated Profit and Loss Account and Balance Sheet with one Subsidiary; Valuation of shares & goodwill

Suggested Readings: