Corporate Accounting - II

1. Overview of Accounting Standards
1.1 AS 4: Contingencies and Events occurring after the Balance Sheet Date.
1.2 AS 5: Net Profit or Loss for the period, Prior Period Items and changes in Accounting Policies.
1.3 AS 29: Provisions, contingent Liabilities and Contingent Assets

2. Accounting for Buy Back of Shares
2.1 Meaning
2.2 Provisions regarding Buy Back of shares
2.3 Calculation of maximum number of shares Buy Back
2.4 Accounting for Buy Back of shares (Simple examples)

3. Issue of Bonus Shares
3.1 Meaning and Definition
3.2 Conditions for Bonus Issue
3.3 Accounting Entries
3.4 Conversion of partly paid shares into fully paid and Issue of fully paid Bonus shares

4. Redemption of Preference Shares
4.1 Meaning, statutory requirements of Redemption of Preference Shares.
4.2 Procedure of redemption of Preference shares.
4.3 Accounting Entries in the books of company and disclosure of it in the Balance Sheet.

5. Valuation of Shares
5.1 Meaning & Nature of Shares
5.2 Need for Valuation of Shares
5.3 Methods of Valuation of Shares
5.4 Net Assets Method
5.5 Yield Method And
5.6 Fair Value Method

6. Final Accounts of Limited Company
6.1 Concept, Objectives and Importance of preparation and presentation of Final Accounts
6.2 Preparation and presentation of final accounts of Joints Stock Companies as per