book

Corporate Accounting

Name: Corporate Accounting
ISBN: 9788131754511

by V. Rajasekaran, R. Lalitha

May 2011

Intermediate to advanced

1268 pages

33h 38m

English

Pearson India

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Cover
Title page
Contents
Dedication
Preface
Chapter 1. Corporate Accounting (Company Accounts)—Issue of Share Capital
1.1 Definition1.2 Characteristics of a Company1.3 Kinds of Companies (or) Types of Companies1.4 Privileges of a Private Limited Company1.5 Documents1.6 Share Capital1.7 Differences Between “Capital Reserve” and “Reserve Capital”1.8 Shares of a Company1.9 Equity Shares1.10 Management of Companies1.11 General Meetings of the Company1.12 Quorum1.13 Voting1.14 Resolutions1.15 Floating of a Company (Forming A New Company)1.16 Minimum Subscription1.17 Issue of Shares1.18 Accounting Treatment for Issue of Shares for Cash1.19 Over-subscription1.20 Under-subscription1.21 Calls-in-arrears1.22 Calls-in-advance1.23 Issue of Shares from the Standpoint of Issue Price1.24 Cash Book1.25 More than one Type of Shares1.26 Shares Issued for Consideration other than Cash1.27 Forfeiture of Shares1.28 Re-issue of Forfeited Shares1.29 Employee Stock Option Plan1.30 Issue of Bonus Shares1.31 Rights Issue1.32 Sweat Equity1.33 Underwriting1.34 Buy-back of Shares1.35 Escrow AccountQuestion Bank
Chapter 2. Underwriting of Shares and Debentures
2.1 Underwriting—Definition2.2 Underwriting Commission and Payment2.3 Sub-underwriters2.4 Brokers2.5 Managers to the Issue2.6 Applications—Marked, Unmarked and Firm-underwriting Applications2.7 Types of Underwriting2.8 Accounting TreatmentQuestion Bank
Chapter 3. Redemption of Preference Shares
3.1 Issue and Redemption of Preference Shares3.2 Determination of the Amount of New Issue3.3 Stages in Solving ProblemsQuestion Bank
Chapter 4. Issue and Redemption of Debentures
4.1 Meaning and Definition of Debenture4.2 Meaning of Some Terms4.3 Types of Debentures4.4 Differences Between Shares and Debentures4.5 Debenture Trust Deed4.6 Coupon Rate4.7 Accounting for Issue of Debentures4.8 Terms of Issue of Debentures4.9 Interest on Debentures4.10 Discount or Loss on Issue of Debentures4.11 Loss on Issue of Debentures4.12 Redemption of DebenturesQuestion Bank
Chapter 5. Acquisition of Business (Purchase of Business)
5.1 Factors Associated with Acquisition of Business5.2 Determination of Purchase Consideration5.3 Accounting EntriesQuestion Bank

Chapter 6. Profits Prior to Incorporation
6.1 Meaning6.2 Accounting Treatment of Profits/Losses Prior to Incorporation in the Books of the Company6.3 Methods of Ascertaining Profit or Loss Prior to Incorporation6.4 Basis of Apportionment of Expenses6.5 Advanced Problems—Professional Course Level6.6 Accounting Standard AS-5 RevisedQuestion Bank
Chapter 7. Final Accounts of Companies
7.1 Meaning of Final Accounts7.2 Preparation of Final AccountsQuestion Bank
Chapter 8. Valuation of Goodwill and Shares
8.1 Valuation of Goodwill8.2 Need for Valuation of Goodwill8.3 Factors Affecting the Value of Goodwill8.4 Components of Goodwill8.5 Methods of Valuation of Goodwill8.6 Part B—Valuation of Goodwill Advanced Problems8.7 Valuation of Shares8.8 Methods of Valuation of Shares8.9 Different Categories of Equity Shares8.10 Methods of Valuation of Shares—Other Methods Illustrated8.11 Price–Earnings Ratio—(PE Ratio)Question Bank
Chapter 9. Amalgamation, Absorption and External Reconstruction
9.1 Meaning9.2 Types of Amalgamation9.3 Accounting Treatment as per AS–149.4 Absorption9.5 External ReconstructionQuestion Bank
Chapter 10. Liquidation of Companies
10.1 Meaning and Salient Features of Liquidation10.2 Order of Payments10.3 Statement of Affairs10.4 Statement of Deficiency or Surplus (List H)10.5 Liquidator’s Final Statement of Account10.6 “B” List of Contributories10.7 Receiver for DebenturesQuestion Bank
Chapter 11. Internal Reconstruction
11.1 Need for Internal Reconstruction11.2 Methods of Internal Reconstruction11.3 Handling of Reconstruction Account11.4 Balance Sheet after ReconstructionQuestion Bank
Chapter 12. Holding Company Accounts
12.1 Holding Company12.2 Subsidiary Company12.3 Legal Requirements for a Holding Company12.4 Consolidated Financial StatementsQuestion Bank
Chapter 13. Accounts of Banking Companies
13.1 Definition and Meaning of Bank, Banking and Banking Company13.2 Forms of Business of Banking Companies13.3 Classification of Commercial Banks13.4 Important Legal Provisions of Banking Regulation Act 194913.5 Principal Books of Accounts13.6 Registers13.7 System of Banking Accounting13.8 Preparation and Presentation of Final Accounts13.9 Guidelines of RBI for Profit and Loss Account13.10 Special Transactions13.11 Provision for Non-performing Assets13.12 Income Recognition13.13 Guidelines of RBI for Preparing Balance SheetQuestion Bank
Chapter 14. Insurance Company Accounts
14.1 Meaning of Insurance14.2 Principles of Insurance14.3 Types of Insurance14.4 Insurance Business in India14.5 Accounts of Insurance Companies14.6 Special Terms Relating to Insurance Accounts14.7 Some Special Terms Relating to Insurance Business14.8 General Insurance14.9 Accounting Principles for Preparation of Financial Statements14.10 Disclosures Forming Part of Financial Statements14.11 General Instructions for Preparation of Financial Statements14.12 Contents of Management Report14.13 Preparation of Financial Statements14.14 Accounting Principles for Preparation of Financial Statements14.15 Disclosures Forming Part of Financial Statements14.16 General Instructions for Preparation of Financial Statements14.17 Contents of Management Report14.18 Preparation of Financial Statements14.19 Reserve for Unexpired RiskQuestion Bank
Chapter 15. Double Account System
15.1 Double Account System15.2 Final AccountsQuestion Bank
Chapter 16. Cash Flow Statement
16.1 Cash Flow Statement16.2 Cash Flow Statement—Preparation16.3 Cash Inflow from Debtors16.4 Cash Inflow from Trading Commission16.5 Calculation of Cash Outflow on Purchases—Purchases include Both Cash and Credit Purchases16.6 Cash Outflow on Expenses Incurred16.7 Cash Flow Investing Activities16.8 Cash Flow Financing Activities16.9 Accounting Treatment of Special Items16.10 Important Steps (Stages) in the Preparation of Cash Flow Statement16.11 Some Important HintsQuestion Bank
Acknowledgements
Copyright

Content preview from Corporate Accounting

3 Redemption of Preference Shares

LEARNING OBJECTIVES

After studying this chapter you should be able to:

Understand the term “redemption of preference shares”.
Know the Provisions of the Company’s Act relating to issue and redemption of redeemable preference shares.
Distinguish between revenue profits and capital profits.
Determine the amount of new issues of shares (Minimum fresh issue of shares).
Understand and apply the logical sequence involved in redemption of preference shares.
Pass the required journal entries for redemption of preference shares.
Pass the needed journal entries for conversion of preference shares into equity shares.
Understand, create and utilize “capital redemption reserve account”.
Solve problems relating to redemption ...

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by V. Rajasekaran, R. Lalitha

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