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Corporate Accounting syllabus

ACS 2036 units · 30 topicsAcademic year 2083/84
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Corporate Accounting

6 units

1. Introduction (4 LHs)

  1. Corporate accounting: concept, objectives, importance, limitations and steps
  2. Corporate financial reporting requirements and trends
  3. Corporate social responsibility
  4. Accounting standards: NAS, IAS and their relative aspects

2. Shares and Debenture (5 LHs)

  1. Share capital: equity and preference shares
  2. Book building, DEMAT and employee shares
  3. Share premium, discount, bonus and right shares; underwriting
  4. Redemption and conversion of preference shares
  5. Debentures: types, premium, discount, redemption and conversion
  6. Differences between shares and debentures

3. Valuation of Goodwill and Shares (6 LHs)

  1. Goodwill: concept, valuation need, factors and accounting treatment
  2. Goodwill valuation: average profit, super profit, capitalization and annuity methods
  3. Share valuation: net assets, yield and earning capacity methods

4. Various aspects of Company Accounts (15 LHs)

  1. Amalgamation and absorption; purchase consideration
  2. Accounting entries for purchasing and vendor companies; purchasing-company balance sheet
  3. Internal and external reconstruction and balance sheet
  4. Holding and subsidiary companies; consolidated balance sheet
  5. Pre/post-acquisition profits, minority interest and cost of control
  6. Intercompany eliminations, unrealized profits, revaluation and dividends
  7. Corporate liquidation and liquidator's final statement of account

5. Price Level Changes (10 LHs)

  1. Inflation and deflation
  2. Current Purchasing Power Accounting and adjusted financial statements
  3. Current Cost Accounting: replacement cost, NRV, depreciation and holding gains
  4. Inventory, cost of sales, monetary working capital and gearing adjustments
  5. Current Cost Profit and Loss Account and Balance Sheet

6. New Trends in Accounting (8 LHs)

  1. Human Resource Accounting and valuation approaches
  2. Social Accounting and social cost-benefit measurement
  3. Environmental Accounting
  4. Forensic Accounting and detection techniques
  5. Sustainable Accounting