COMPANY ACCOUNTS AND AUDITING PRACTICES-I

• Issue of Shares: at Par, at Premium, at Discount, on Conversion and for consideration other than Cash; Forfeiture and Re-issue of Shares, Buyback of Shares, Redemption and Conversion of Preference Shares, Bonus Shares, Rights Issue, ESOPs, Sweat Equity Shares

• Alteration of Share Capital

• Underwriting of shares

• Issue of Debentures: at Par, at Premium, at Discount and for consideration other

than Cash

• Accounting Treatment and Procedures

• Redemption of Debentures

• Conversion of Debentures into Shares

 Conceptual Framework, Preparation and Presentation of Financial Statements,

Schedule VI, Interpretation and Scrutiny of Balance sheet

·         Treatment of Profit Prior to Incorporation,

Preoperative and Preliminary Expenses

• Preparation of Final Accounts under Company Law.

Corporate Restructuring

• Concept and Accounting Treatment as per AS

• Methods of Amalgamations Accounting

 The Pooling of Interests Method

 The Purchase Method

• Consideration

• Treatment of Reserves, Goodwill and Pre- Acquisition & Post-Acquisition Profit

• Accounting in the books of Transferor and Transferee

Acquisition of Business

• Internal Reconstruction

• Nature, Scope and Significance of Auditing

• Basic Principles Governing an Audit

• Overview of Auditing and Assurance Standards- National and International

Types of Company Audit

• Statutory Audit

• Internal Audit

• Branch Audit

• Joint Audit

• Special Audit

• CAG Audit