Corporate Accounting

Corporate Accounting

Corporate Accounting sets a new standard for the textbooks with rich pedagogy and an easy-to-understand approach that aims at equipping students with a solid grounding in the concepts in corporate accounting. The book is made up of independent chapters dealing with a particular aspect of corporate a...

Descripción completa

Detalles Bibliográficos
Otros Autores: Lalitha, R., author (author), Rajasekaran, V., author
Formato: Libro electrónico
Idioma:Inglés
Publicado: Pearson India 2011.
Edición:1st edition
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009628042006719
Tabla de Contenidos:
  • Cover
  • Contents
  • Preface
  • Acknowledgements
  • Chapter 1: Corporate Accounting (Company Accounts)-Issue of Share Capital
  • 1.1 Definition
  • 1.2 Characteristics of a Company
  • 1.3 Kinds of Companies (or) Types of Companies
  • 1.3.1 Statutory Companies
  • 1.3.2 Government Company
  • 1.3.3 Foreign Company
  • 1.3.4 Holding Company
  • 1.3.5 Subsidiary Company
  • 1.3.6 Registered Company
  • 1.3.7 Listed Company
  • 1.3.8 Private Company
  • 1.3.9 Limited Company
  • 1.3.10 Unlimited Company
  • 1.3.11 Distinction between Private Company and Public Limited Company
  • 1.4 Privileges of a Private Limited Company
  • 1.5 Documents
  • 1.5.1 Memorandum of Association
  • 1.5.2 Articles of Association
  • 1.5.3 Certificate of Incorporation
  • 1.5.4 Prospectus
  • 1.5.5 Certificate of Commencement of Business
  • 1.6 Share Capital
  • 1.6.1 Authorized Capital (Nominal/Registered Capital)
  • 1.6.2 Issued Capital
  • 1.6.3 Subscribed Capital
  • 1.6.4 Called-up Capital
  • 1.6.5 Paid-up Capital
  • 1.6.6 Uncalled Capital
  • 1.6.7 Reserve Capital
  • 1.7 Differences Between "Capital Reserve" and "Reserve Capital"
  • 1.8 Shares of a Company
  • 1.8.1 Meaning
  • 1.8.2 Classes of Shares
  • 1.8.2.1 Preference Share
  • 1.8.3 Types or Kinds of Preference Shares
  • 1.8.3.1 On the Basis of Dividend Right
  • 1.8.3.2 On the Basis of Participation in Surplus Profits
  • 1.8.3.3 On the Basis of Recovery of Capital
  • 1.8.3.4 On the Basis of Conversion into Equity Shares
  • 1.8.3.5 Guaranteed Preference Share
  • 1.9 Equity Shares
  • 1.9.1 Distinction Between Preference Share and Equity Share
  • 1.10 Management of Companies
  • 1.10.1 Shareholders
  • 1.10.2 Board of Directors
  • 1.10.3 Managing Director
  • 1.10.4 Manager
  • 1.11 General Meetings of the Company
  • 1.11.1 Statutory Meeting
  • 1.11.2 Annual General Meeting
  • 1.11.3 Extraordinary General Meeting
  • 1.12 Quorum.
  • 1.13 Voting
  • 1.14 Resolutions
  • 1.15 Floating of a Company (Forming A New Company)
  • 1.16 Minimum Subscription
  • 1.17 Issue of Shares
  • 1.17.1 Issue of Shares for Cash
  • 1.17.1.1 Stage I-Application for Shares
  • 1.17.1.2 Stage II-Allotment
  • 1.17.1.3 Stage III-Call on Shares
  • 1.18 Accounting Treatment for Issue of Shares for Cash
  • 1.18.1 Combined Account
  • 1.19 Over-subscription
  • 1.19.1 Alternative 1
  • 1.19.2 Alternative 2
  • 1.19.3 Alternative 3
  • 1.20 Under-subscription
  • 1.20.1 Distinction Between Under-subscription and Over-subscription
  • 1.21 Calls-in-arrears
  • 1.21.1 Without Opening Calls-in-Arrear Account
  • 1.21.2 By Opening Calls-in-Arrear Account
  • 1.22 Calls-in-advance
  • 1.23 Issue of Shares from the Standpoint of Issue Price
  • 1.23.1 Issue of Shares at Par
  • 1.23.2 Issue of Shares at Premium
  • 1.23.3 Issue of Shares at a Discount
  • 1.24 Cash Book
  • 1.25 More than one Type of Shares
  • 1.26 Shares Issued for Consideration other than Cash
  • 1.27 Forfeiture of Shares
  • 1.27.1 Case 1-When Shares Issued at Par Forfeited
  • 1.27.2 Forfeiture of Shares-Issued at Premium
  • 1.27.2.1 Case 1-When Premium is Received
  • 1.27.2.2 Case 2-When Premium is NOT Received
  • 1.27.3. Forfeiture of Shares Issued at a Discount
  • 1.28 Re-issue of Forfeited Shares
  • 1.28.1 All Forfeited Shares are Re-issued
  • 1.28.2 A Part of Forfeited Shares Are Re-Issued
  • 1.29 Employee Stock Option Plan
  • 1.29.1 Employee Stock Purchase
  • 1.30 Issue of Bonus Shares
  • 1.30.1 SEBI Guidelines with Respect to Issue of Bonus Shares
  • 1.31 Rights Issue
  • 1.32 Sweat Equity
  • 1.33 Underwriting
  • 1.34 Buy-back of Shares
  • 1.34.1 SEBI Guidelines on Buy-Back of Shares
  • 1.35 Escrow Account
  • Summary
  • Key Terms
  • Question Bank
  • Objective Type Questions
  • Short Answer Questions
  • Essay Type Questions
  • Exercises
  • Exercises.
  • Chapter 2: Underwriting of Shares and Debentures
  • 2.1 Underwriting-Definition
  • 2.2 Underwriting Commission and Payment
  • 2.3 Sub-underwriters
  • 2.4 Brokers
  • 2.5 Managers to the Issue
  • 2.6 Applications-Marked, Unmarked and Firm-underwriting Applications
  • 2.6.1 Marked Applications
  • 2.6.2 Unmarked Applications
  • 2.6.3 Firm-underwriting Applications
  • 2.7 Types of Underwriting
  • 2.7.1 Pure Underwriting
  • 2.7.1.1 Complete Underwriting
  • 2.7.1.2 Partial Underwriting
  • 2.7.2 Firm Underwriting
  • 2.8 Accounting Treatment
  • 2.8.1 Journal Entries
  • 2.8.1.1 In the Books of the Company
  • 2.8.1.2 In the Books of the Underwriter
  • Summary
  • Key Terms
  • Question Bank
  • Objective Type Questions
  • Short Answer Questions
  • Essay Type Questions
  • Exercises
  • Chapter 3: Redemption of Preference Shares
  • 3.1 Issue and Redemption of Preference Shares
  • 3.2 Determination of the Amount of New Issue
  • 3.3 Stages in Solving Problems
  • 3.3.1 Stage 1-Ascertainment of Amount of Capital Redemption Reserve (CRR)
  • 3.3.2 Stage 2-Premium on Redemption of Preference Shares
  • 3.3.3 Stage 3-Tackling "Cash Problem"
  • 3.3.4 Stage 4-Transfers and Payment
  • 3.3.5 Stage 5: Bonus Issue of Shares
  • Summary
  • Key Terms
  • Question Bank
  • Objective Type Questions
  • Short Answer Questions
  • Essay Type Questions
  • Exercises
  • Chapter 4: Issue and Redemption of Debentures
  • 4.1 Meaning and Definition of Debenture
  • 4.2 Meaning of Some Terms
  • 4.3 Types of Debentures
  • 4.3.1 From Security Viewpoint
  • 4.3.2 From Records Viewpoint
  • 4.3.3 From Redemption Viewpoint
  • 4.3.4 From Priority Viewpoint
  • 4.3.5 From Convertibility Viewpoint
  • 4.4 Differences Between Shares and Debentures
  • 4.4.1 Debentures with Pari Passu Clause
  • 4.5 Debenture Trust Deed
  • 4.5.1 SEBI Guidelines
  • 4.6 Coupon Rate
  • 4.6.1 Zero Coupon Bond.
  • 4.7 Accounting for Issue of Debentures
  • 4.7.1 Issue of Debentures for Cash
  • 4.7.1.1 Issue of Debentures at Par
  • 4.7.1.2 Over-subscription of Debenture
  • 4.7.1.3 Issue of Debentures at a Discount
  • 4.7.2 Issue of Debentures for Consideration Other than Cash
  • 4.7.3 Issue of Debentures as Collateral Security
  • 4.8 Terms of Issue of Debentures
  • 4.9 Interest on Debentures
  • 4.9.1 Net Effective Rate of Interest
  • 4.9.2 Interest Accrued and Due
  • 4.9.3 Interest Accrued but Not Due
  • 4.10 Discount or Loss on Issue of Debentures
  • 4.10.1 Fixed Instalment Method
  • 4.10.2 Equated Method, Fluctuating or Variable Instalment Method
  • 4.11 Loss on Issue of Debentures
  • 4.12 Redemption of Debentures
  • 4.12.1 Meaning and Features
  • 4.12.2 Methods of Redemption of Debentures
  • 4.12.3 Sources of Redemption of Debentures
  • 4.12.4 Debenture Redemption Reserve (DRR)
  • 4.12.5 Redemptions in One Lump Sum After the Expiry of the Specified Period
  • 4.12.6 Financing of Redemption of Debentures
  • 4.12.6.1 Sinking Fund Method (Or Debentures Redemption Fund)
  • 4.12.6.2 Insurance Policy Method
  • 4.12.7 Redemption of Debentures by Draw of Lots
  • 4.12.8 Redemption Out of the Proceeds of Fresh Issue of Shares or Debentures
  • 4.12.9 Redemption of Debentures by Conversion (Redemption of Convertible Debentures)
  • 4.12.10 Redemption by Purchase in the Open Market
  • 4.12.10.1 Purchase of Debentures on a Day Other than Due Date of Interest
  • 4.12.10.2 Interest on Own Debentures
  • Summary
  • Key Terms
  • Question Bank
  • Objective Type Questions
  • Short Answer Questions
  • Essay Type Questions
  • Exercises
  • Chapter 5: Acquisition of Business (Purchase of Business)
  • 5.1 Factors Associated with Acquisition of Business
  • 5.2 Determination of Purchase Consideration
  • 5.2.1 Method 1-Net assets method
  • 5.2.2 Method II-Net payment method.
  • 5.3 Accounting Entries
  • 5.3.1 When New Set of Books is Opened
  • 5.3.1.1 Entries in the Books of the Purchasing Company
  • 5.3.1.2 Accounting Entries in the Books of the Vendor
  • 5.3.1.3 Debtors and Creditors Taken Over on Behalf of the Vendors
  • 5.3.2 When the Same Account Books (Set of Books) are Continued
  • Summary
  • Key Terms
  • Question Bank
  • Objective Type Questions
  • Short Answer Questions
  • Essay Type Questions
  • Exercises
  • Chapter 6: Profits Prior to Incorporation
  • 6.1 Meaning
  • 6.2 Accounting Treatment of Profits/Losses Prior to Incorporation in the Books of the Company
  • 6.2.1 Profits Prior to Incorporation
  • 6.2.2 Losses Prior to Incorporation
  • 6.3 Methods of Ascertaining Profit or Loss Prior to Incorporation
  • 6.3.1 Method 1: Period: Up to the Date of Incorporation
  • 6.3.2 Method 2: Period: For the Whole Year up to the End of an Accounting Year
  • 6.3.3 Method 3: Period: For the Whole Year up to the End of the Accounting Year
  • 6.4 Basis of Apportionment of Expenses
  • 6.4.1 Sales Ratio
  • 6.4.2 Weighted Sales Ratio
  • 6.4.3 Time Ratio
  • 6.4.4 Weighted Time Ratio
  • 6.4.5 Specific Expenses and Specific Allocation
  • 6.4.6 Actual Expenses With Respect To Items
  • 6.4.7 Various Items and Their Bases of Apportionment
  • 6.5 Advanced Problems-Professional Course Level
  • 6.6 Accounting Standard As-5 Revised
  • 6.6.1 Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies
  • Summary
  • Key Terms
  • Question Bank
  • Objective Questions
  • Short Answer Questions
  • Essay Type Questions
  • Exercises
  • Chapter 7: Final Accounts of Companies
  • 7.1 Meaning of Final Accounts
  • 7.2 Preparation of Final Accounts
  • 7.2.1 Stage I-Preparation of Profit and Loss Account
  • 7.2.2 Principles
  • 7.2.2.1 Materiality
  • 7.2.2.2 Extraordinary Items
  • 7.2.2.3 Prior Period Items.
  • 7.2.2.4 Transfer of Profit.

Ejemplares similares