UNIVERSITY OF MADRAS
B.Com. (GENERAL) DEGREE COURSE
SYLLABUS WITH EFFECT FROM 2020-2021
BGE-CSC05
CORE-V: CORPORATE ACCOUNTING
Common to BCom(A&F), BCom(CS), BCom(BM), BCom(MM) & BCom(CA)
Inst.Hrs : 6 YEAR: II
Credits : 4 SEMESTER: III
OBJECTIVES
To make the students familiarize with corporate accounting procedures
To enable the students to acquire conceptual knowledge about the preparation of the
company accounts.
OUTCOME:
The students will learn the accounting procedures of corporate undertaking and their
financial statement preparations
UNIT – I Share Capital
Issue of Shares - Types of Shares – Forfeiture of Shares- Reissue of Shares- Redemption of
Preference Shares.
UNIT – II Debentures & Underwriting
Issue of Debentures – Redemption of Debentures- Profit prior to incorporation. Underwriting of
Shares & Debentures.
UNIT – III Final Accounts
Final Accounts - Preparation of Profit & Loss account and Balance sheet- Managerial
Remuneration.
UNIT –IV Valuation of Goodwill & Shares
Valuation of Goodwill & Shares – Meaning – Methods of valuation.
UNIT – V Accounting for Insurance Companies
Insurance Accounts- Types- Final accounts of Life Insurance- Profit determination of Life
Insurance
Note: Questions in Sec. A, B & C shall be in the proportion of 20:80 between Theory and Problems.
TEXT BOOK:
1. Raj Kumar Sah-Concepts Building Approach to Corporate Accounting-Cengage,New Delhi.
2. Gupta,R.L & Radhaswamy, M ,Advanced Accounts, Sulthan Chand, New Delhi.
BOOK REFERENCE:
1. Jain,S.P & Narang,N.L., Advanced Accounting, Kalyani Publications.
2. Shukla &Grewal & Gupta ,Advanced Accounting ,S. Chand & Co., New Delhi
3. ReddyT.S.&Murthy,A ,Corporate Accounting ,Margham Publications, Chennai.
WEB RESOURCE:
www.accountingcoach.com
www.accountingstudyguide.com
www.futureaccountant.com
www.education.svtuition.org
