Monday, February 23, 2015

Dibrugarh University - Semester II - Corporate Accounting (New Syllabus)

Course No. 203 
(For B.Com (General) And Six Speciality Programmes)
Marks: 80
Hours: 40

Objective: To impart reasonable knowledge to enable the students to pursue Corporate Accounting in conformity with the Companies Act, 2013.

Course Contents:

Unit-I: Shares & Debentures : Issue of different classes of shares forfeiture of shares, Pro-rata allotment, Issue of Bonus shares and legal provisions, Redemption of Preference shares–legal provisions and accounting entries. Debenture Issue and Redemption by sinking fund method (excluding Redemption by conversion), Redemption by open market operation, Cum-dividend and Ex-Dividend purchase.                            20 : 10 hrs

Unit II: Preparation of financial statements of companies with special reference to Accounting Standards and IFRS                           20: 10 hrs

Unit-III: Amalgamation and Reconstruction: Meaning, calculation of purchase consideration–Accounting Entries in the books of vendor and transferee company (excluding inter-company owing, inter-company unrealized profits, inter-company holdings), Internal Reconstruction of company–meaning and scope, accounting entries for alteration and reduction of share capital.                                           20: 10 hrs

Unit-IV: Accounts of Holding Companies : Definitions Meaning of Different terms, Advantages and Disadvantages of Holding company, Preparation of Consolidated Profit and Loss A/C and Balance sheet by a holding company with one subsidiary company (excluding revaluation of Assets, treatment of dividend).                    20 : 10 hrs

Text and Reference Books :
1.Maheswari, S.N and Maheswari, S.K: Advanced Accountancy (Vol –II), Vikash Publishing House Pvt. Ltd., New Delhi.
2.Shukla M.C., Grewal T.S and Gupta, S.C : Advanced Accounts, S. Chand & Co. Ltd., New Delhi.
3.Gupta R. L., Radhaswamy : Company Accounts, Sultan Chand & Sons, New Delhi.
4.Hanif & Mukherjee: Corporate Accounting, Tata McGrew Hill, New Delhi.
5.Paul: Corporate Accounting- Vol-I &II, New Central Book Agency, Hyderabad.

6. Rajasekaran: Corporate Accounting, Pearson, New Delhi.