We have great pleasure in presenting First edition “Corporate Accounting – II” written for students of UG courses. The related matters are written in a simple and easily understandable.
This volume is an attempt to provide the students with thorough understanding of Corporate Accounting – II. 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 –
Unit – 1 Amalgamation, Internal & External Reconstruction
Introduction
Amalgamation
Meaning of Amalgamation
Purchase Consideration
Lump Sum Method
Net Assets Method
Net Payment Method
Intrinsic Value Method
Types of Methods of Accounting for Amalgamation
The Pooling of Interest Method
The Purchase Method
Internal & External Reconstruction
Internal Reconstruction
Conversion of Stock
Increase and Decrease of Capital
Reserve Liability
Accounting Treatment of External Reconstruction
Review Questions
Practical Problems with Answer
Unit – 2 Accounting of Banking Companies
Introduction
Final Statements of Banking Companies
(As Per New Provisions)
Non-Performing Assets
Rebate on Bills Discounted
Profit and Loss a/c
Balance Sheet as Per Banking Regulation Act 1949
Review Questions
Practical Problems with Answer
Unit – 3 Insurance Company Accounts
Introduction
Meaning of Insurance
Principles of Insurance
Types of Insurance
Preparation of Final Accounts of Insurance Companies
Accounts of Life Insurance Business
Accounts of General Insurance Companies
New Format
Review Questions
Practical Problems with Answer
Unit – 4 Consolidated Financial Statements
Introduction
Holding & Subsidiary Company
Legal Requirements Relating to Preparation of Accounts
Preparation of Consolidated Balance Sheet
Review Questions
Practical Problems with Answer
Unit – 5 Liquidation of Companies
Introduction
Meaning of Winding Up
Modes of Winding Up
Preparation of Statement of Affairs
Statement of Deficiency or Surplus
(List H) Order of Payment
Liquidators Remuneration
Liquidator’s Final Statement of Accounts
Review Questions
Practical Problems with Answer
