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