We have great pleasure in presenting First edition “Advanced Corporate Accounting” written for students of UG courses. The related matters are written in a simple and easily understandable.
This volume is an attempt to pro vide the students with thorough understanding of Advanced Corporate Accounting. We have presented the subject matter in a systematic manner with liberal use of charts and diagrams where ever necessary so as to make it interesting and sustain students’ interest.
Contents –
Module – 1 Valuation of Goodwill
Introduction
Goodwill
Meaning of Goodwill
Definition of Goodwill
Origin of Goodwill
Factors affecting Goodwill
Provision Regarding Goodwill in Various Accounting Standards
Need for Valuation of Goodwill
Methods of Valuation of Goodwill
Average Profit Method
Super Profit Method
Capitalization of Profit Method
Super Profit Method
Annuity Method
Review Questions
Practical Problems with Answer
Module – 2 Valuation of Shares
Introduction
Valuation of Shares
Need for Valuation
Factors affecting Valuation of Shares
Methods of Valuation of Shares
Valuation of Fully Paid-up Equity Shares
Partly Paid-up Equity Shares
Net Assets Method
Yield Method
Fair Value Method
Earning Capacity Method
Review Questions
Practical Problems with Answer
Module – 3 Liquidation of Company
Introduction
Liquidation of Company
Meaning of Liquidation
Definition of Liquidation
Methods of Liquidation
Compulsory Winding up by National Law Tribunal
Voluntary Winding up
Consequences of Winding up
Preferential Payments
Overriding Preferential Payment as per the
Insolvency and Bankruptcy Code
Powers and Duties of Liquidators
Liquidator’s Remuneration
Order of Disbursement to be Made by Liquidator
Preparation of Liquidator’s Final Statement of Account
Review Questions
Practical Problems with Answer
Module – 4 Mergers & Acquisitions – 1
Introduction
Mergers & Acquisition
Meaning of Mergers & Acquisition
Types of Mergers & Acquisition
Objectives of Mergers & Acquisition
Provisions of AS-14
Types of Amalgamation
Amalgamation in the Nature of Merger
Amalgamation in the Nature of Purchase
Accounting for Amalgamation
Pooling of Interest Method
Purchase Method
Purchase Consideration
Lumpsum Method
Net Assets Method
Net Payment Method
Shares Exchange Ratio Method
Discharge of Purchase Consideration
Review Questions
Module – 5 Mergers & Acquisitions – 2
Introduction
Closing Journal Entries and Ledger Accounts in
the Books of Transferor Company
Opening Journal Entries in the Books of
Transferee Company
Calculation of Goodwill/Capital Reserve
Preparation of Balance Sheet after Merger as per
Schedule III of Companies Act 2013.
Review Questions
Practical Problems with Answer
