Annexure ‘AAB-CD-01’

Course Title: Advanced Corporate Accounting L T P/ SW/ TOTAL

Course Code: ACCT612 S FW CREDIT
Credit Units: 4 UNITS
Level: PG
3 0 0 2 4

Course Objectives: To acquaint the students with concepts and the provisions of Corporate Accounting. To introduce practical aspects of Corporate
restructuring important for managerial decision-making process. To expose the participants to real life situations with respect to mergers and liquidation and to
equip them with techniques for taking decisions. This course aims at making students conversant with the concept of corporate restructuring and accounting
standards related to it. Develop the ability to use the knowledge of the provisions of the Companies Act with respect to corporate restructuring and its
implementation through Case study analysis.

Prerequisites: Student should have basic knowledge of Financial Accounting.

Course Learning Outcome:

On the successful completion of this course student will be able to:
 Interpret and analyze the legitimate way of corporate restructuring under different provisions of Companies Act.
 Correlate the provisions of the Companies Act with real life case scenario.
 Review the different financial/managerial decisions after evaluating the of impact mergers and acquisitions holding subsidiary & Liquidation of
companies.
Course Contents/Syllabus:
Weightage (%)
Module I : Final Accounts of Companies  20%
Preparation and presentation of final accounts of joint stock companies as per company law requirements; provisions and
reserves; determination of managerial remuneration; appropriation out of profits; transfer of profits to reserves; payment of
dividend, transfer of unpaid dividend to Investor Education and Protection Fund; bonus shares.
Module II : Business Combinations & Corporate Restructuring as per SEBI Guidelines 25%
Profit(Loss) prior to incorporation-Meaning-Cut off date-basis of apportionment. Acquisition of business- Meaning, consideration
for the amalgamation" Concept and Accounting Treatment AS-14 -Net Asset Method-Net Payment Method Treatment of
 Reserves, Goodwill and Pre- Acquisition & Post Acquisition Profit Accounting in the books of Transferor and Transferee Merger
and De-merger Acquisition of Business Internal Reconstruction, SEBI Guidelines on Corporate Restructuring.
Module III : Valuation of Shares and Intangible Assets  15%
Valuation of Shares, Methods of Valuation, Price Earning Multiple Valuation, Discounted Cash Flow (DCF) Method Valuation of
Intangibles: Brand & Goodwill

Module IV: Holding and Subsidiary Companies  20%

Meaning, Wholly owned and partly owned subsidiaries. Preparation of consolidated balance sheet, Cancellation of investment,
cost of control (Goodwill, capital reserve), minority interest, pre-acquisition profits and revenue profits, inter-company
transactions, revaluation of assets, Unrealised profits on stock, dividend received from a subsidiary company, proposed dividend
in the balance sheet.
Module V: Liquidation & Corporate Financial Reporting  20%
Types of liquidation, Preparation of Liquidator’s Statement of affairs, order of payment, Liquidator’s remuneration, Liquidator’s
Statement of accounts, Appointment of receiver. Various Requirements of Corporate Reporting, Value Added Statements:
Economic Value Added (EVA), Market Value Added , Shareholders' Value Added, Introduction to Insolvency and Bankruptcy Code. 

Pedagogy for Course Delivery: The course is covered by adopting a combination of lecture & Case Study methods. Class presentation by groups of students
and Case Study workshops are basic requirement of this course. Each student is required to do the back ground reading from the specified chapters of the
prescribed book before coming to class.
PSDA
1.Assignrment on Valuation of Shares and intangible assets
2. Case study on Liquidation & Corporate Financial Reporting 

Assessment/ Examination Scheme:

Theory L/T (%) Lab/Practical/Studio (%) Total

100% - 100%

Theory Assessment (L&T):

Components
CT HA CD Attendance
(Drop Down) End Term
 Examination
Bloom’s Level > Remembering Understanding Applying Analysing Evaluating Creating
10 10
Weightage (%) 15 5 60%
Course Learning Outcomes PSDA
CLO11 CLO2PSDA 2 CLO1 CLO1 CLO3

CLO2 CLO2

CLO3 CLO3

Assessment type/PSDA

Class Test     

MCQ     

PSDA1   

PSDA2   

Text Reading:

 Advanced Accountancy Volume II Eleventh Edition, S N Maheshwari, Suneel K Maheshwari, Sharad K Maheshwari
 Advanced Accounting [VOL II]:For CA Professional Competence Examination – 1 January 2021
 Corporate Accounting,2nd Edition,By Mohamed Hanif, Amitabha Mukherjee, March 28, 2021
 Corporate Accounting,V. K. GOYAL, RUCHI GOYAL,PHI Learning Pvt. Ltd., 10-Dec-2020
 Corporate Accounting, 2nd Edition,Tulsian P.C. & Tulsian Bharat,S. Chand Publishing, 2019
 "Fundamentals of Corporate Accounting, S.N. Maheshwari, Suneel K. Maheshwari, Sharad K. Maheshwari Vikas Publishing House Pvt. Ltd, 2019.
 Dr. M.A. Arulanandam, Dr. K.S.Raman,Advanced Accountancy, ISBN Number : 978-93-5299-175-4,Book Edition : Seventh, Year of Publication :
2019