Corporate Accounting
Learn the specialised accounting applicable to companies — from formation and issue of shares to final accounts, amalgamation, reconstruction, and consolidation.
Course overview
Corporate Accounting deals with the accounting treatments specific to companies registered under the Companies Act. It covers share capital, debentures, company final accounts, restructuring, and group accounts.
- Understand company formation and types of share capital
- Account for issue, forfeiture, and reissue of shares
- Handle issue and redemption of debentures
- Prepare company final accounts and managerial remuneration
- Account for amalgamation, absorption, and reconstruction
- Prepare holding company and consolidated financial statements
- Value goodwill and shares
- Learn basics of Ind AS / IFRS relevant to companies
Course chapters
Follow the chapters in a logical order for the best learning experience.
Introduction to Corporate Accounting
Understand the nature, scope, and importance of corporate accounting.
Company Formation
Learn the process of incorporating a company and related accounting entries.
Types of Share Capital
Understand authorised, issued, subscribed, called-up, and paid-up capital.
Issue of Shares
Account for issue of shares at par, premium, and discount.
Oversubscription and Pro-rata Allotment
Handle oversubscription of shares and pro-rata allotment of shares.
Calls in Arrears and Calls in Advance
Account for calls in arrears and calls in advance.
Forfeiture and Reissue of Shares
Record forfeiture of shares and their subsequent reissue.
Issue of Preference Shares
Account for different types of preference shares and their issue.
Issue of Debentures
Account for issue of debentures at par, premium, and discount.
Redemption of Debentures
Learn methods of redeeming debentures and related accounting entries.
Underwriting of Shares and Debentures
Account for underwriting commission and marked applications.
Buy-back of Shares
Understand the legal provisions and accounting for buy-back of shares.
Bonus Shares
Account for the issue of bonus shares out of reserves and surplus.
Rights Issue of Shares
Understand rights issue and its accounting treatment.
Employee Stock Option Plan (ESOP)
Learn the basic accounting for employee stock option plans.
Company Final Accounts
Prepare the Statement of Profit and Loss and Balance Sheet of a company.
Financial Statements of Companies
Understand the format and contents of company financial statements under Schedule III.
Managerial Remuneration
Calculate managerial remuneration as per the Companies Act provisions.
Profit Prior to Incorporation
Ascertain and account for profit or loss prior to incorporation.
Amalgamation of Companies
Account for amalgamation in the nature of merger and purchase.
Absorption of Companies
Understand absorption and its accounting treatment in the books of the companies.
External Reconstruction
Account for external reconstruction of a company.
Internal Reconstruction
Learn capital reduction and internal reconstruction procedures.
Liquidation of Companies
Prepare the Statement of Affairs and Liquidator’s Final Statement of Account.
Holding Company Accounts
Understand the concept of holding and subsidiary companies.
Consolidated Financial Statements
Prepare consolidated balance sheet and consolidated statement of profit and loss.
Cash Flow Statement
Prepare cash flow statement as per Ind AS 7 / AS 3.
Earnings Per Share (EPS)
Calculate basic and diluted earnings per share.
Valuation of Goodwill
Value goodwill using different methods (average profit, super profit, capitalisation).
Valuation of Shares
Value shares using net asset, yield, and fair value methods.
Accounting for Investments
Account for current and long-term investments.
Ind AS and IFRS Basics
Get introduced to Indian Accounting Standards and IFRS relevant to companies.
Corporate Accounting Practical Problems
Solve comprehensive practical problems covering the entire syllabus.
Corporate Accounting MCQs
Test your knowledge with multiple-choice questions.
Recommended learning approach
Start with share capital and debentures, then move to final accounts, restructuring, group accounts, and valuation topics.