B.B.M Mangalore UniversityCORPORATE ACCOUNTING - II

BM-256: CORPORATE ACCOUNTING - II
Objective: The objective of this paper is to acquaint the student with the issues of share capital, liquidation, final accounts of banks and holding companies
UNIT I
Amalgamation, Absorption and External Reconstruction
In the nature of Merger and Purchase (Accounting Standard 14)
(Problems only from the nature of purchase) 12 Hrs.
UNIT II
Alteration of Share Capital and Internal Reconstruction.
Liquidation of Companies -Liquidator's Final Statement of Affairs.
12 Hrs.
UNIT III
Final Accounts of Banking Companies
Horizontal Presentation as per the Amendments to the Third Schedule to the Banking Regulation Act. 1949.
(Simple Problems only) 12 Hrs
UNIT IV
Final Accounts of Insurance Companies
Life Insurance Companies and General Insurance Companies.
(Simple Problems only) 12 Hrs.
UNIT V
Hire purchase and Installment Purchase_ System - Hire Purchase System Entries under credit purchase with Interest Method only
Default and Repossession - Both Partial and Complete Repossession of Goods/assets-Instalment Purchase System - Entries Under Interest Suspense Method
12 Hrs
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Total 60 Hrs.
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BOOKS FOR REFERENCE &STUDY:
1 . Advanced Accountancy - R.L. Gupta & M. Radhaswamy
2. Advanced Accountancy - S.P.Jain & K.L. Narang
3. Advanced Accounts - M.C. Shukla.T.S. Grewal and S.C. Gupta
4. Advanced Accounting - Dr. S.M. Shukla
5. Advanced Accountancy - B.S. Raman