MI4403 Corporate Accounting Syllabus:
MI4403 Corporate Accounting Syllabus – Anna University PG Syllabus Regulation 2021
COURSE OBJECTIVE:
Understand the nuances involved in accounting procedures and standards followed in Corporate Houses.
UNIT I SHARES
Shares – Definition – Types of shares – Accounting treatment for various modes of issue of Shares – Full consideration, installment, Bonus shares, Rights issue, Employee Stock Option, Sweat Equity, Private Placement, Buy Back of Shares – Forfeiture and Re-issue of Shares.
UNIT II DEBENTURES
Definition – Classification – Accounting treatment for issue of Debentures – for cash and non-cash consideration – Accounting treatment for Redemption of Debentures – in lump sum, in instalments, by conversion, Insurance Policy and Sinking Fund methods.
UNIT III PREFERENCE SHARES
Redemption of Preference Shares – Meaning and relevant provisions of Companies Act – Accounting treatment for redemption of Preference Shares – out of profit, fresh issue of shares, by conversion – Minimum fresh issue of shares – Profit Prior to Incorporation – Meaning – Method and procedure for ascertaining and accounting treatment of Profit or Loss Prior to Incorporation.
UNIT IV UNDERWRITING
Underwriting of Shares and Debentures – Meaning, need and importance – Types of underwriting – Factors affecting valuation of Goodwill and Shares – Methods of valuing Goodwill – Average Profit, Super Profit, Caplitalisation methods – Methods of valuation of shares – Net Asset, Yield and Fair Value methods.
UNIT V FINAL ACCOUNTS
Form of Statement of Profit and Loss and Account and Balance Sheet – Preparation of Company Final Accounts with adjustments – Basics (theory only) of Human Resource Accounting, Inflation Accounting, Accounting Standards, Social Responsibility Accounting.
TOTAL: 45 PERIODS
COURSE OUTCOME:
Good grasp of accounting procedures followed in corporate world.
TEXT BOOKS:
1. Corporate Accounting, S.N.Maheswari and S.K.Maheswari, Vikas Publishing, 2015.
2. Corporate Accounting, V.K.Goyal, Printice Hall India Learning Pvt. Ltd.2012.
3. Corporate Accounting,T.S.Reddy, A.Murthy,Margham Publications,2013.
4. Advanced Accounting :Theory & Practice, R.Jayaprakash Reddy, APH Publishing Ltd.
REFERENCES:
1. Corporate Accounting ,V.Rajasekaran, R.Lalitha, Pearson India, 2013.
2. Corporate Accounting,Naseem Ahmed, Atlantic Publishers, 2014.
3. Corporate Accounting, S.P.Jain, K.L.Narang, Kalyani Publishers, 2015.