Course Outcomes |
Learning and teaching strategies |
Assessment Strategies |
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On completion of this course, the students will be able to: CO 61: Develop an understanding of conditions for internal reconstruction and accounting in internal reconstruction. CO 62: Understand the accounting for amalgamation in the case of merger and purchase and liquidation of companies. CO 63: Prepare Statement of affairs including deficiency /surplus account as well as Liquidator’s statement .Explain and interpret the problems of internal & external reconstruction. CO 64: Prepare consolidated financial statements for Holding companies. CO 65: Able to calculate value additions and human resource for its proper accounting. CO 66: Able to understand and perform Government accounting, social accounting and environmental accounting. |
Interactive Lectures, Discussion, Tutorials, assignments.
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Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Individual projects |
Amalgamation- Forms of Amalgamation, Motive for Amalgamation, Calculation of
Purchase Consideration, Methods of Accounting for Amalgamation: Pooling of
Interests Method, Purchase Method, Distinction between Pooling of Interests Method
and Purchase Method, Accounting for Amalgamation (Including Inter Company
Investments)
•Liquidation: Meaning of Liquidation, Winding up by Court, Voluntary Winding Up, Preferential Payments, Preparation of Statement of Affairs, Deficiency/Surplus Account, Liquidator’s Final Statement of Account, Receiver for Debenture Holder, B List of Contributories.
•Accounting for Holding Companies-Consolidated Financial Statements including inter-company transactions and investments.
• Value Added Accounting: Methods of calculating value additions- Additive and Subtractive approach, Kinds of value added- Gross value added and net value added
• Human Resource Accounting: Meaning, Approaches to HRA, Methods
• Social Responsibility Accounting: Meaning, need, form of accounting
• Government Accounting: General principles, Consolidation of funds, compilation of accounts
• Environmental Accounting: Concept, Forms, Scope, Limitations of Environmental Accounting, Flaws of conventional system of accounting
• Advance Accountancy- Jain, KhandelwalPareek( Ajmera Book Company)
• Modern Accountancy- A Mukharjee& M Hanif(Tata McGraw Hill)
• Corporate Accounting-S.N. Maheshwari and S.K Maheshwari(Vikash Publishing House Pvt Ltd)
• Higher Accounting- Jain, Khandelwal, Pareek (RBD Publishing House)
SUGGESTED READINGS:
• Advanced Accounting-R.L Gupta, M Radhaswamy(S. Chand& Sons New Delhi)
• Accounting Theory-L.S Porwal(Tata,McGraw Hill)
• Advanced Accounts-Shukla, Grewal, Gupta(S.Chand)
• Advanced Accountancy-S.NMaheshwari(Vikas Publishing House Pvt Ltd)
• Advanced Accountancy- M.A. Arulanandam, K.S. Raman (Himalaya Publishing House)
e-RESOURCES:
• https://books.google.co.in/books?id=vlh1DwAAQBAJ&printsec=frontcover&sou...
• https://india.oup.com/productPage/5591038/7421214/9780190124052
JOURNALS:
• The Indian Journal of Commerce
• IUP Journal of Accounting Research
• FIIB Business Review