3 Review(s)

Specialised Accounting: 1. Issue, Forfeiture and Reissue of Shares: [Meaning and Definition of a Company, Essential Features or Characteristics of a Company, Classification (or Types) of Companies, Important Documents of a Company, Formation of a Company, Share Capital of a Company, Shares, Issue of Shares, Private Placement of Shares (PPS), Minimum Subscription, Issue of shares for Cash by Public Subscription, Preliminary Expenses, Initial Public Offer (IPO), Accounting Treatment for Share Capital, Shares Issued at Premium (Section 52), Accounting Treatment, Shares Issued at Discount (Section 53), Calls-in-Arrears, Calls-in-Advance and Interest Payable Thereon, Under Subscription of Share, Over Subscription of Shares, Issue of Shares for Consideration Other than Cash, Forfeiture of Shares, Accounting Treatment, Re-issue of Forfeited Shares, Profit on Re-issue of Forfeited Shares, Forfeiture and Re-issue of Shares in Cash of Pro-rata Allotment, Surrender of Shares, Employees Stock Option Plan (ESOP) or Employees Stock Option Scheme (ESOS), Preferential Allotment of Shares, Lien on Shares, Theoretical Questions, Practical Problems.] 2. Concept and Process of Book-Building: [Introduction, Concept of Book-building, Process of Book-Building, Steps Involved in the Book-building Process, Advantages of Book-building, Limitations of Book-building, Theoretical Questions.] 3. Acquisition or Purchase of Business: [Meaning of Purchase of Business, Purchase Consideration, Goodwill/ Capital Reserve, Accounting Treatment, Collection from Debtors and Payment to Creditors by Purchasing Company on behalf of Vendors, in the Books of Vendors, in the Books of Purchasing Company, Theoretical Questions, Practical Problems.] 4. Depreciation: [Meaning and Definition of Depreciation, Depreciation, Depletion and Amortization, Causes of Depreciation, Old Accounting Standard (AS)-6 and New Ind. AS-16, Factors Determining or Affecting Depreciation, Methods of Depreciation, Methods of Charging Depreciation, Written Down Value/Diminishing Balance Method, Difference between Fixed Instalment Method and Written down Value Method, Recording of Depreciation by Creating Provision for Depreciation Account, Assets Disposal Account, Change in Depreciation Method, Annuity Method, Depreciation fund Method or Sinking Fund Method, Difference between Annuity Method and Depreciation Fund Method, Insurance Policy Method, Revaluation Method, Depletion Method or Production Unit Method, Machine Hour Rate Method, The Sum of the Years Digits Method, The use Method or Mileage or Kilometer Method, Recording Exchange of used Assets with New Ones, Factors Influencing the Choice of Depreciation Method, Depreciation on Replacement cost, Objectives of Management About Depreciation Policy, Theoretical Questions, Practical Problems.] 5. Provision, Reserves and Funds: [Provision—Meaning of Provisions, Features of Provisions, Objective or Importance of Provisions, Provisions for Bad and Doubtful Debts, Treatment of Bad Debts and Provision for Bad and Doubtful Debts, Provision for Discount on Debtors, Provision for Discount on Creditors, Provision for Repairs and Renewals, Provision for Fluctuation in Price of Investment, Provision for Tax Liabilities, Provision for Depreciation, Reserves-Meaning of Reserve, Nature of Reserves, Characteristics or Features of Reserves, Difference between Provision and Reserve, Classification of Reserves, Open Reserve, Secret Reserve, Difference between Revenue Reserve and Capital Reserve, Secret Reserves Indian Company Act, 2013, and Secret Reserve, Funds-Difference between Reserve and Reserve Fund, Theoretical Questions, Practical Problems.] 6. Accounts of Banking: [Definition of Bank, Functions and Services of Modern Banks, Banking Act in India, Books of Bank, Explanation of same Terms, Performing and Non-performing Assets (NPA), Income Recognition, Provisioning in Case of Advance covered by Guarantee of DICGC/ECGC, Classification of Assets and Provisions for Doubtful Debts, Legal Provision Affecting Accounts of Bank, Preparation of Financial Statements or Final Accounts, Explanation of Various Heads of Profit and Loss Accounts, Net Profit format of Balance Sheet, Explanation of Various Heads of Balance Sheet, Showing of Particulars of Advances in Balance Sheet, Customer’s Account, Treatment of Interest on Doubtful Debts, Preparation of Insolvent Customer’s Account and Interest Suspense Accounts, Joint Loan, Theoretical Questions, Practical Problems.]