Corporate and Management Accounting - I

Introduction to Financial Accounting.

Introduction to Corporate Accounting :

Records of accounts to be maintained by a company.

Accounting for Share Capital :

Issue of Shares; Forfeiture and Re-issue of Shares, Accounting treatment of premium, Buyback of Shares; Redemption and Conversion; Capital Redemption Reserve, Bonus Shares; Rights Issue, ESOPs, ESPS,  Sweat Equity Shares; and Underwriting; Book Building.

Accounting for Debentures :

Accounting Treatment, Debenture Redemption Reserve, Redemption of Debentures and Conversion of Debentures into Shares. Deferred Tax.

Related Aspects of Company Accounts :

Accounting for ESOP, Buy-back, Equity Shares with differential rights, Underwriting and Debentures.

Financial Statements Interpretation:

Preparation and Presentation of Financial Statements; Quarterly, Half-yearly and Annual Financial Statement pursuant to Listing Regulations;Depreciation provisions and Reserves; Determination of Managerial Remuneration, Corporate Social Responsibility spend, various disclosures under the Companies Act, 2013, LODR & applicable accounting standards; Related party and segment reporting, Audit Queries; How to Read and interpret Financial Statements.

Cash Flow Statement

Consolidation of Accounts as per Companies Act, 2013

Holding Company, Subsidiary Companies, Associate Companies and Joint Venture; Accounting Treatment and disclosures.

Corporate Financial Reporting Requirements of Corporate Reporting; Recent trends in Financial Reporting.

Accounting Standards (AS) : Applicability, Interpretation, Scope and Compliance; International Financial Reporting Standards; Overview of AS, AS vs. Ind AS vs. IFRS.

National and International Accounting Authorities.

Adoption, Convergence and Interpretation of International Financial Reporting Standards (IFRS) and Accounting Standards in India.