Corporate Accounting

Course Syllabus : for Corporate Accounting

• Chapter 1: Company Accounts – Introduction 3 Lectures 2 hrs 9 min
  • 01 : Meaning of Company, Characteristics of Company, Difference between a Company and Partnership, SL Examples Preview35 min
  • 02 : Define Company Finance, Nature of Share Capital, Share Subscription, Full Subscription, Over-subscription, Under Subscription, SL Examples Preview49 min
  • 03 : Balance Sheet, Note to Accounts, Types of Shares, Preference Share, Equity Share, Authorised and Issued Capital, Reserve Capital, Capital Reserve, Share and Stock, Preview45 min
• Chapter 2: Issue, Forfeiture and Re-issue of Shares 12 Lectures 9 hrs 8 min
  • 01: Define Shares, Concept on Shares, Meaning of shares by example, Define Face Value, Market value of shares, Meaning of Market price of the shares, Face Value, Application, Allotment, First Call, Second Call, Final Call, Capital, Authorised Capital, Issued Capital, Subscribed Capital, Over-subscribed meaning, Under subscribed meaning, Types of shares, Equity Shares, Preference Shares, Earn by Shares, Interest to Debentures, Preferences dividend to Preference shareholders, Dividend to Equity shares, Called-up money, Paid-up money, Unpaid-up money, Issue of Shares, Issue of shares at Par, Issue of shares at Premium, Issue of shares at Discount, Format of Journal Entries, Steps to solve Issue of shares Questions, SL Examples, Solution of Practical Questions 53 min
  • 02: SL Examples on Issue of shares at Par, Golden Hint to solve Questions, Journal Entries Discuss for Issue of shares at Par, Discuss Journal Entries for Issue of shares at Premium, SL Examples on Issue of Shares at Premium, SL Examples, Discuss Journal Entries for Issue of Shares at Discount, SL Examples on Issue of shares at Discount, SL Examples, Solution of Practical Questions 45 min
  • 03: Define Under Subscription meaning, Share Issued, Shares Applied, Under Subscription meaning define by Diagram, SL Examples on Under-Subscription, Journal Entries for Under Subscription, Define Over Subscription, Define Over Subscription by Diagram, Application Money, Excess Money, Pro Rata Allotment, Company Alloted Shares, No. Of Shares Applied, No. Of shares Alloted, Refund, Adjusted with Next call, SL Examples on Over Subscription, Solution of Practical Questions 41 min
  • 04: Definition of Calls-in-Arrear, Accounting Treatment – Case I : Without Opening Calls-in-Arrear A/c, Accounting Treatment – Case II : By Opening Calls-in-Arrear A/c, SL Examples on Calls-in-Arrear, Discuss Journal Entries for Calls-in-Arrear, Solution of Practical Questions 40 min
  • 05: Calls-in-Advance Meaning, Accounting Treatment, Journal Entries for Calls in Advance on Allotment, SL Examples on Calls in Advance, Solution of Practical Questions 42 min
  • 06: Issue of shares for consideration other than cash Meaning Define, Issue of shares for consideration other than cash – Journal Entries Discuss, Steps to Journal Entries – For Purchase, For Part Payment, For Issue of Shares, At Discount, SL Examples, Solution of Practical Questions 55 min
  • 07: Issue of shares to Promoters Meaning define, Issue of shares to underwriters against underwriting commission – Journal Entries, Solution of Practical Questions 47 min
  • 08: Cash Book Format, Golden Hint for Questions, Interest on Calls in Arrear and Calls in Advance – Journal Entries, SL Examples on Calls in Arrear and Calls in Advance, Solution of Practical Questions 39 min
  • 09: Define Forfeitures of Shares, Conditions for Forfeited shares – At the time of issue, Case of Forfeited shares – At par and At Premium, Journal Entries for Forfeiture and Reissue of shares, Solution of Practical Questions 43 min
  • 10: Journal Entries for Share Issue Expense, Forfeiture in case of Over-Subscription, Pro-Rata Allotment, Special Case of Pro-Rata, Calculation for Pro-Rata, Golden Hint for solve Pro-Rata Questions, Solution of Practical Questions 44 min
  • 11: Application for shares, Allotment of shares, Share Application Money Pending Allotment, Refund of application money, Allotment money becoming due, Solution of Practical Questions 49 min
  • 12: Issue of shares to Vendors, Reissue of Forfeited Shares Journal Entries, Profit on Reissue, Forfeiture and Reissue of Forfeited Shares, Pro-Rata Allotment and Forfeiture Immediately on Default of One Instalment, Solution of Practical Questions 50 min
• Chapter 3: Redemption of Preference Shares 7 Lectures 5 hrs 6 min
  • 01: Meaning of Redemption, Conditions of Redemption, Define Redemption of Preference Shares, Redemption at par and premium, Steps for Redemption, Proceeds from Fresh issue, Free Reserve, CRR, Golden Hints, Calculation of amount of Fresh Issue, Sinking Fund, Investment Fluctuation Fund, contingency reserve, Reserve for Taxation, Workmen Compensation Fund, Surplus, SL Examples, Solution of Practical Questions 50 min
  • 02: How premium of redemption of preference shares can be Write off, Amount of Fresh Issue, Premium on Redemption of Preference Shares, Available Free Reserve, SL Examples, Solution of Practical Questions 45 min
  • 03: Journal Entries for Redemption of Preference Shares Discuss, For Partly paid to Fully paid, Forfeiture of shares, Balance in Forfeiture transfer to Capital Reserve, Sale of Fixed Assets, Taking Loan, Issue of New Shares, Issue of Debentures, Format of Balance Sheet, SL Examples, Solution of Practical Questions 43 min
  • 04: Preference Shares due and pay, For writing off Premium on Redemption, For creation of CRR, Expenses on Fresh Issue of shares, Golden Concepts, SL Examples, Solution of Practical Questions 35 min
  • 05: Creation of Capital Redemption Reserve, Calculating Amount of Proceeds, Oral Steps to solve question, Format of Balance Sheet, Important Questions for Exams, Discuss Notes to Account, Solution of Practical Questions 39 min
  • 06: Accounting Treatment of Bonus Shares, Golden Hints, Journal Entries for Bonus Issue, Redemption of Preference Shares by Conversion, SL Examples, Solution of Practical Questions 42 min
  • 07: Redemption Out of Proceeds and Profits, Redemption Partly Out of Fresh Issue and Partly Out of Divisible Profits, Calculation of Number of Shares to be Issued for Redemption, Amount required for the purpose of redemption, Issue of Debentures for Redemption, Redemption out of divisible profit, Bonus shares only to Equity Shareholders, SL Examples, Solution of Practical Questions 52 min
• Chapter 4: Buy Back of Equity Share 4 Lectures 2 hrs 43 min
  • 01: Meaning of Buy-back of shares, Purpose of Buy-back of shares, Define Effect of buy-back of Equity shares, Intrinsic value of shares, Advantages of Buy-back of Equity shares, Sinking Fund, Accumulated depreciation, Transfer to CRR, Condition of Buy-back of shares, Fully paid-up shares, SL Examples, Solution of Practical Questions 39 min
  • 02: Only fully paid equity shares, Proceeds from fresh issue of shares, Buy-back from Free reserves, Recording the amount payable on Buy-back, SL Examples, Solution of Practical Questions 45 min
  • 03: Payment to Equity Shareholders, Adjustment of Premium Payable, Payment of buy-back expenses, Adjustment of buy-back expenses, SL Examples, Solution of Practical Questions 41 min
  • 04: Buy-back of shares by Partly Out of Proceeds and Partly Out of Free Reserves, Making shares fully paid before buying-back, Ascertainment of Maximum Number of Shares to be Bought back at a given Price, Calculation of amount of buy back, SL Examples, Solution of Practical Questions 38 min
• Chapter 5: Issue of Debentures 4 Lectures 2 hrs 51 min
  • 01: Basic Concepts, Define Issue of Debentures, Issue of Debentures for cash, Journal Entries for Issue of Debentures at par, at premium and at discount, formula for no. Of Debentures, Journal Entries for Issue of Debentures, Format of Journal Entries, SL Examples, Solution of Practical Questions Preview47 min
  • 02: Acquisition of Assets and creditors and Settlement by issue of debentures, Over subscription, Under subscription, Calls in Arrear, Calls in Advance, Issue of Debentures other than cash – Journal Entries, Issue of Debentures as collateral security Definition and Example on this, Format of Balance Sheet, SL Examples, Solution of Practical Questions Preview45 min
  • 03: Issue of debentures to Vendors, Loss on Issue of Debentures, Forfeiture of Debentures, Issue of Debentures with terms of redemption – Case I, Case II, Case III, Case IV, Golden Hint to Calculation of Interest of Debentures, SL Examples, Solution of Practical Questions 41 min
  • 04: Journal Entries for Interest on Debentures, Journal Entries - Write off Discount on Issue of Debentures, Statement showing Discount to be written off, SL Examples, Solution of Practical Questions 38 min
• Chapter 6: Redemption of Debentures 10 Lectures 7 hrs 6 min
  • 01: Basic Concepts, Meaning of redemption of debentures, Sources of Redemption of Debentures, Journal Entries - Methods of Redemption of debentures, Redemption out of profit, Redemption out of capital, Golden Hints, Rules of Creation of DRR, Journal Entries – Debentures Redeemable at par, Journal Entries – Debentures Redeemable at premium, Journal Entries – Debentures Redeemable at discount, Redemption out of profit, SL Examples, Solution of Practical Questions Preview48 min
  • 02: Concept of Sinking Fund, Sinking Fund Method, Types of Sinking Fund, Profit on sale of sinking fund, All Journal Entries – Sinking Fund, Sinking Fund Investment Method, Sinking Fund Account, Interest on Sinking Fund A/c, Debentures Interest A/c, Debentures A/c, Debenture Holder A/c, Bank A/c, Types of Questions in Sinking Fund, SL Examples, Solution of Practical Questions 45 min
  • 03: Sinking fund investment method, SL Examples, Solution of Practical Questions 41 min
  • 04: Statement showing Discount and Loss to be written off, SL Examples, Solution of Practical Questions 38 min
  • 05: Golden Hints to solve Sinking Fund questions, Solution of Sinking Fund Questions widely, Redemption Out of Sinking Fund, Debenture Redemption Fund Account, SL Examples, Solution of Practical Questions 42 min
  • 06: SL Examples, Solution of Practical Questions 35 min
  • 07: Methods of Redemption of Debentures – On maturity in Lump Sum, In Instalments by Draw of Lots, Purpose of Purchase of own debentures from Open Market, By Conversion, Journal Entries - Insurance Policy method from year to year, Journal Entries – At the time of maturity and Redemption, Golden Concepts, Steps for Journal Entries, Journal Entries – for immediate cancellation, for investment purpose, SL Examples, Solutions of Practical Questions 51 min
  • 08: Concept and Journal Entries of Cum-Interest and Ex-Interest, SL Examples on Ex-interest and Cum-Interest, Journal Entries – Treatment of Interest on own Debentures, SL Examples, Solutions of Practical Questions 44 min
  • 09: Concept and Journal Entries of Redemption of Debentures by Conversion, Golden Hints, SL Examples, Solutions of Practical Questions 43 min
  • 10: Accounting Treatment for immediate cancellation of debentures, Accounting Treatment for Investment in own Debentures, Treatment of own debentures in the Balance sheet, Accounting Treatment of Interest on Own Debentures, SL Examples, Solutions of Practical Questions 39 min
• Chapter 7: Final Account of companies 10 Lectures 7 hrs 8 min
  • 01: Basic Concepts, Define Final Account, Financial Statement meaning, Balance Sheet Format, Profit and Loss Account Format, Discuss financial year, Notes to Account for Final Account, Golden Concepts, Definition of Operating Cycle, Current and Non-Current classification of Investments, Format of Statement of Profit and Loss, Details of items of exceptional and Extraordinary natures, Cost of materials consumed, Deferred tax, SL Examples, Solution of Practical Questions Preview48 min
  • 02: Arrange items in Balance Sheet, Share Capital, Reserves and Surplus, Long-term Borrowings, Long-term provisions, Other Current Liabilities, Tangible Assets, Long term Loans and advances, Investments, Inventories, Trade Receivables, Cash and Cash Equivalents, Calls unpaid, Securities Premium Reserves, Share Application Money Pending Allotment, Golden Hints, SL Examples, Solution of Practical Questions 42 min
  • 03: Proforma Notes to Accounts regarding Statement of Profit and Loss, Revenue from Operations, Other Income, Expenses, Finance Costs, Payment to Auditors, Exceptional Items, Extra-ordinary Items, Reserves and Surplus, Concepts of Transfer of Profits to Reserves, Treatment of Dividends, Golden concepts, SL Examples, Solution of Practical Questions 41 min
  • 04: Accounting Treatment for Interim Dividend, Calculation of Amount of Final Dividend, Journal Entries for Final Dividend, Golden concepts, Payment of Interest Out of Capital, Advance Payment of Tax, Interest on Investments, Interest on Debentures, Accounting treatment for Provision for Depreciation, SL Examples, Solution of Practical Questions 47 min
  • 05: Golden Concepts, Adjustments Journal Entries, Profit on Revaluation of Assets, Accounting treatment of some selected Items given in the Trial Balance, Selected Adjustment in the Financial Statements, SL Examples, Solution of Practical Questions 45 min
  • 06: Adjustments Regarding Taxation, Preparation of balance sheet, Claim for Compensation Pending, Appropriation of Profits, golden hints to solve questions, Adjusted Purchases, SL Examples, Solution of Practical Questions 46 min
  • 07: Important Questions for Exams, SL Examples, Solution of Practical Questions 35 min
  • 08: Important Questions for Exams, SL Examples, Solution of Practical Questions 38 min
  • 09: Important Questions for Exams, SL Examples, Solution of Practical Questions 44 min
  • 10: Important Questions for Exams, SL Examples, Solution of Practical Questions 42 min
• Chapter 8: Amalgamation of Companies 12 Lectures 8 hrs 57 min
  • 01: Meaning of Amalgamation of Companies, Basic Concepts, Three ways – amalgamation, absorption and External Reconstruction, Purpose of amalgamation, Define amalgamation, absorption and External Reconstruction by figure, Amalgamation in the nature of merger – 5 conditions define, Amalgamation in the nature of purchase - 5 conditions define, SL Examples, Solution of Practical Questions 52 min
  • 02: Meaning of Purchase Consideration, Calculation of Purchase Consideration, Lum-sum payment method define, Net Assets method define, Format of Net Assets Method for calculate purchase consideration, Golden Hints, Realisation Expense borne, SL Examples, Solution of Practical Questions 48 min
  • 03: Net Payment method define, SL Examples, Solution of Practical Questions 41 min
  • 04: Intrinsic worth method define, Steps for Calculation of Purchase Consideration, Exchange Ratio Method, Exchange (Swap) Ratio for Shareholder of Vendor Co., SL Examples, Solution of Practical Questions 35 min
  • 05: Golden Hint for Preparation of Realisation Account by Balance Sheet, Journal Entries – In the book of vendor (Transfer) Co. And In the book of purchasing (Transferee) Co., Pooling of Interest Method, Purchase Method, Open necessary Account in the books of Vendor Co., Golden concepts, Golden Journal Entries, SL Examples, Solution of Practical Questions 44 min
  • 06: Quick Revision of Concepts, Journal Entries – In the book of Purchasing Company, Journal Entries for purchase business, Journal Entries for record assets, liabilities, Golden Hints, Journal Entries for discharge, Journal Entries for Realisation Expense, SL Examples, Solution of Practical Questions 52 min
  • 07: Accounting Treatment – In the book of Purchasing Co. By Purchase Method, Journal Entries for Transfer of goodwill to Capital Reserve, SL Examples, Solution of Practical Questions 49 min
  • 08: Accounting Treatment – In the book of Purchasing Co. By Pooling of Interest Method, Journal Entries Golden Concepts, SL Examples, Solution of Practical Questions 43 min
  • 09: Pro-forma of Net Assets Method, Calculation of Intrinsic Values of shares, SL Examples, Solution of Practical Questions 39 min
  • 10: Calculation of Purchase Consideration, SL Examples, Solution of Practical Questions 42 min
  • 11: Accounting Treatment – In the book of Purchasing Co. By Pooling of Interest Method, Journal Entries Golden Concepts, SL Examples, Solution of Practical Questions 45 min
  • 12: Dissenting Shareholders Paid by Transferor Company, SL Examples, Solution of Practical Questions 47 min
• Chapter 9: Internal Reconstruction 5 Lectures 3 hrs 29 min
  • 01: Basic Concepts, Define Need for Internal Reconstruction, Difference between Internal and External Reconstruction, Methods for Internal Reconstruction, Alternation of Share Capital, Change in Shareholder’s rights, Reduction of share capital, Compromise and Arrangement, Surrender of shares, Change of category of Share Capital, Utilisation of surplus in the Reconstruction Account, SL Examples, Solution of Practical Questions 35 min
  • 02: Accounting Treatment – Journal Entries for Alteration of Share Capital, Accounting Treatment – Journal Entries for Change in Shareholders’ Rights, Settlement of Taxation Liability, Cancellation of Arrears of Preference Dividend, SL Examples, Solution of Practical Questions 42 min
  • 03: Accounting Treatment – Journal Entries for Reduction of Share Capital, Accounting Treatment – compromise and arrangement, Appreciation in the value of assets, Settlement of Outside liabilities, SL Examples, Solution of Practical Questions 40 min
  • 04: Accounting Treatment – Utilisation of Reconstruction Account, Journal Entries - Writing off fictitious and intangible assets, Writing down overvalued fixed and Current assets, Expenses of Reconstruction, Format of Reconstruction Account after Internal Reconstruction, SL Examples, Solution of Practical Questions 50 min
  • 05: Reconstruction Account, Calculation of cash brought in by Equity Shareholders, Capital Reorganisation Account, Preparation of Opening Balance Sheet, Surrender of Shares, SL Examples, Solution of Practical Questions 42 min
• Chapter 10: Cash Flow Statement 11 Lectures 8 hrs 40 min
  • 01: Basic Concepts, Meaning of Cash Flow Statement, Uses of Cash Flow Statement, Difference between Cash book and Cash Flow Statement, Cash Flow Statement different terms – Cash Inflows, Cash Outflows, Cash and Cash Equivalents, Cash Equivalents, Examples of Cash Equivalents, Classifications of Cash Flows – Operating, Investing and Financing, Define Cash Flows from Operating Activities, Cash Flows from Investing Activities, Cash Flows from Financing Activities, Format of Cash Flow Statement, Golden Concepts Discuss, SL Examples, Solution of Practical Questions Preview49 min
  • 02: Discuss Items included in Cash Flows from Operating Activities, Discuss Items included in Cash Flows from Financing Activities, Discuss Items included in Cash Flows from Investing Activities, Adjustments account maintained for Interest and dividends, Given golden hint, Format of Cash Flow Statement, SL Examples, Solution of Practical Questions 52 min
  • 03: Discuss Step by Step procedure for preparing cash flow statement, Direct Method to prepare cash flow statement, Reconciliation method to prepare cash flow statement, SL Examples, Solution of Practical Questions 45 min
  • 04: Define cash used in operating activities, Define cash inflow from investing activities, Define Net increase or Net decrease in cash and cash equivalents, Calculation of Operating profit before working capital changes, Define opening balance of cash and cash equivalents, Some Important Discussions, SL Examples, Solution of Practical Questions 46 min
  • 05: Prepare Adjustment Account for Accumulated Depreciation, Amortization of intangible assets, Calculation of Loss on sale of fixed assets, Prepare Adjustment Account for Provision for taxation, Calculation of profit or loss on sale of fixed assets, SL Examples, Solution of Practical Questions 50 min
  • 06: Adjustments in respect of current assets and current liabilities, General rules discuss for analysis of current assets and current liabilities affecting cash, Calculation of Cash from operations, SL Examples, Solution of Practical Questions 51 min
  • 07: Some Golden Hints to solve Questions, Items discuss by which cash inflows and cash outflows affected, Discuss Transactions that affect the purchase and sale of tangible assets and intangible assets or long term assets and non-current investments, SL Examples, Solution of Practical Questions 44 min
  • 08: Golden Hints to Digging Hidden Information given questions, Prepare Plant and Machinery Account, SL Examples, Solution of Practical Questions 39 min
  • 09: Payment of Interim Dividends, Prepare Adjustment for Provision for Taxation Account, Important Questions for Exams, Practical approach to cash flow statement, SL Examples, Solution of Practical Questions 43 min
  • 10: Calculation of Net Profit Before Tax, SL Examples, Solution of Practical Questions 49 min
  • 11: SL Examples, Solution of Practical Questions 52 min
• Chapter 11: Financial Statement Analysis 3 Lectures 1 hrs 46 min
  • 01: Basic concepts, Meaning of Financial Statement Analysis, Types of Financial Analysis, Techniques of Financial Statements, SL Examples 34 min
  • 02: Comparative Financial Statements, Horizontal Analysis, Vertical Analysis, Common-size Statements, Trend Analysis, Ratio Analysis, SL Examples 35 min
  • 03: Comparative Balance Sheet, Comparative Income Statement, Intra-firm Comparison, Trend Percentages for Net Sales, Time series Analysis, SL Examples 37 min
• Chapter 12: Ratio Analysis 8 Lectures 5 hrs 16 min
  • 01: Basic Concepts, Pure Ratio, Rate, Percentage, Advantages of Ratio, Classification of Ratios, Liquidity Ratio, Solvency Ratio, Profitability Ratio, Activity Ratio, Formula for Current Ratio, Formula for Quick Ratio, SL Examples, Solution of Practical Questions Preview34 min
  • 02: Formula for Debt-Equity Ratio, Formula for Capital Gearing (Leverage) Ratio, Formula for Interest Coverage Ratio, Formula for Proprietary Ratio, SL Examples, Solution of Practical Questions 44 min
  • 03: Formula for Long-term Debt Ratio, Formula for Gross Profit Ratio, Formula for Net Profit Ratio, Formula for Operating Profit Ratio, Formula for Return on Total Assets Ratio, SL Examples, Solution of Practical Questions 45 min
  • 04: Formula for Return on Investment Ratio, Formula for Return on Equity Ratio, Formula for Earning Per Share Ratio, Formula for Dividend per share Ratio, Formula for Price-Earning Ratio, SL Examples, Solution of Practical Questions 36 min
  • 05: Formula for Stock Turnover Ratio, Formula for Average Stock, Formula for Debtors’ Turnover Ratio, Calculation of Current Assets, SL Examples, Solution of Practical Questions 35 min
  • 06: Calculation of Stock at End, Calculation of Quick Assets and Current Liabilities, Calculation of Creditors’ Turnover Ratio, Calculation of Net Credit Purchases, SL Examples, Solution of Practical Questions 41 min
  • 07: Calculation of Average Collection Period, Calculation of Credit Sales, Calculation of Return on Capital Employed, Calculation of Interest Coverage Ratio, Calculation of Average Collection Period, SL Examples, Solution of Practical Questions 46 min
  • 08: Calculation of Percentage of Gross Profit to Sales, SL Examples, Solution of Practical Questions 35 min