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Thursday, January 09, 2020


B.Com (Hons.) (CBCS)
Semester - II
C 203-Corporate Accounting (6 Credits) Lectures: 60 Tutorials: 5
Full Marks: 100 (Internal Assessment 20 + 80 End-Term)
Objectives: To help the students to acquire the conceptual knowledge of the corporate accounting and to learn the techniques of preparing the financial statements.
Unit 1: Accounting for Share Capital & Debentures         14 L+ 1 T                               Marks: 20
Issue, forfeiture and reissue of forfeited shares: concept & process of book building; Issue of rights and bonus shares; Buy back of shares; Redemption of preference shares; Issue and Redemption of Debentures.
Unit 2: Final Accounts    14 L + 1 T                              Marks: 20

Preparation of profit and loss account and balance sheet of corporate entities, excluding calculation of managerial remuneration, Disposal of company profits, Accounts of Banking Companies.
Unit 3: Valuation of Goodwill and Valuation of Shares and Cash flow Statement.    12L+ 1 T      Marks: 14
Concepts and calculation: simple problem only, Cash Flow Statement.
Unit 4: Amalgamation of Companies      11 L + 1 T                              Marks: 14
Concepts and accounting treatment as per Accounting Standard: 14 (ICAI) (excluding inter-company holdings). Internal reconstruction: concepts and accounting treatment excluding scheme of reconstruction.
Unit 5: Accounts of Holding Companies/Parent Companies        9 L + 1 T                Marks: 12
Preparation of consolidated balance sheet with one subsidiary company. Relevant provisions of Accounting Standard: 21(ICAI).
Suggested Readings:
1)      J.R. Monga, Fundamentals of Corporate Accounting. Mayur Paper Backs, NewDelhi.
2)      M.C. Shukla, T.S. Grewal, and S.C. Gupta. Advanced Accounts. Vol.-II. S. Chand & Co., New Delhi.
3)      S.N. Maheshwari and S. K. Maheshwari. Corporate Accounting. Vikas Publishing House, NewDelhi.
4)      Ashok Sehgal, Fundamentals of Corporate Accounting. Taxman Publication, NewDelhi.
5)      V.K. Goyal and Ruchi Goyal. Corporate Accounting. PHI Learning.
6)      Jain, S.P. and K.L. Narang. Corporate Accounting. Kalyani Publishers, NewDelhi.
7)      P. C. Tulsian and Bharat Tulsian, Corporate Accounting, S.Chand
8)      Vasudeva Sakshi, Corporate Accounting, Himalaya.
9)      Hanif & Mukherjee, Modern Accountancy, Tata McGraw-Hill.
10)   Gupta R.L. Radhaswamy, Advanced Account, Sultan Chand and Sons.

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