Overview

Unit 1: Accounting for Share Capital and Debentures:Types of shares; Accounting for Share Capital, Issue of Rights and Bonus Shares; ESOPs andBuy-Back of shares; Issue and Redemption of preference Shares and Debentures. Underwritingof Shares and Debentures. [In reference to Relevant Accounting Standards (AS and Ind AS) andGuidance Notes as applicable.]Unit 2: Financial Statements of Companies:Preparation of financial statements of corporate entities including one Person Company(excluding calculation of managerial remuneration) as per Division I and II of Schedule III ofthe Companies Act 2013; Related Parties as per AS-18, Preparation of Statement of Profit andLoss, Balance Sheet, Statement of Equity and Cashflow Statement manually and usingappropriate software. Interpreting the ratios calculated as per Schedule III of the Companies Act2013 [with reference to Relevant Accounting Standards (AS and Ind AS) and the relevantprovisions of The Companies Act,2013, as applicable.]. Calculation of EPS as per AS 20.Unit 3: Valuation of Intangible Assets and Shares:Valuation of Intangible Assets and Shares. Value Added Statement, Economic Value Added,Market Value Added, Shareholder Value Added.Unit 4: Amalgamation of Companies and Internal Reconstruction:(a) Accounting for Amalgamation of Companies (excluding inter-company holdings)applying AS 14/Ind AS 103.(b) Accounting for Different forms of Internal Reconstruction (excluding drafting of InternalReconstruction Scheme).Unit 5: Corporate Financial ReportingMeaning, need and objectives; Constituents of Annual Report and how it is different fromfinancial statements; Contents of report of the Board of Directors; XBRL Reporting. Drafting ofNotes to Accounts. Segment Reporting as per AS - 17 , Sustainability Reporting, Triple BottomLine Reporting, CSR Reporting.Notes:1. The relevant Accounting Standards (both AS & Ind AS) for all of the above topics shouldbe covered.2. Any revision of the relevant Indian Accounting Standards/Accounting Standards wouldbecome applicable.3. The relevant provisions of The Companies Act,2013, as applicable for all of the abovetopics should be covered.Practical Exercises:The learners are required to:1. collect prospectus issued by reputed companies, and examine the matters related to issuesof shares.2. examine the annual reports of business organisations to find out whether applicableaccounting standards (AS and Ind AS) are complied with or not.3. collect information from business newspapers, periodicals, print and digital media on theamalgamation of companies and prepare a report.4. prepare financial statements using appropriate software.5. download company annual reports of reputed companies from the websites and analyse thevoluntary and mandatory information contained in these statements.

Skills

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