Our experience in teaching commerce subjects, especially Accountancy, is in the form of this book in your hands. This book “Advanced Corporate Accounting” is prepared for the Bengaluru North University, SEP syllabus requirements of Fourth Semester B.Com.
Being student friendly is the unique feature of this book. The subject matter has been presented systematically, which can enable the reader to master the topics covered, without any additional guidance. Most later provisions have been incorporated in this book.
Contents –
MODULE 1: VALUATION OF GOODWILL
Goodwill: Introduction, Meaning & Definition – 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 (Simple and Weighted); Super Profit Method; Capitalization of profit method (Capitalization of Average profit and Super profit); Annuity method
MODULE 2: VALUATION OF SHARES
Valuation of Shares: Introduction, Need for Valuation & Factors affecting valuation of shares – Methods of valuation of shares – Valuation of fully paid-up and partly paid-up equity shares – Net Assets Method – Yield Method – Fair value Method – Earning Capacity Method
MODULE 3: LIQUIDATION OF COMPANY
Liquidation of Company: Introduction, Meaning & Definition – Methods of Liquidation: Compulsory Winding up by National Law Tribunal, Voluntary Winding up – Consequences of Winding up (Concepts only) – Preferential Payments – Overriding Preferential Payment as per the Insolvency and Bankruptcy Code – Powers and Duties of Liquidators (Concepts only) – Liquidator’s Remuneration – Order of disbursement to be made by Liquidator – Preparation of Liquidator’s Final Statement of Account
MODULE 4: MERGERS & ACQUISITIONS – 1
Mergers & Acquisition: Meaning, Types & Objectives – 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
MODULE 5: MERGERS & ACQUISITIONS – 2
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
