Course info

Instructional Hours: 90,  Credit: 4
Module 1
Accounting for Shares– Redemption of Preference Shares– ESOP-Rights Issue – Bonus Issue –
Buyback of Shares (20 Hours)
Module II
Underwriting of Shares and Debentures – Marked and Unmarked Applications – Firm Underwriting–
Determining the Liability of Underwriters in respect of an Underwriting Contract – Complete
Underwriting – Partial Underwriting – Firm Underwriting (10 Hours)

Module III
Final Accounts of Joint Stock Companies (Vertical form- As per provisions of Companies Act 2013)
– Preparation of Company Final Accounts including Balance Sheet – Calculation of Managerial
Remuneration- Profit (Loss) Prior to Incorporation (30 Hours)
Module IV
Investment Account – Cum-interest- Ex-interest- Cum-dividend- Ex-dividend- Accounting entries-
Preparation of Investment Accounts- Treatment of Bonus Share and Right Shares – Preparation of
Investment Accounts (15 Hours)
Module V
Insurance claims- Loss of stock- computation of claim for loss of stock- Application of average
clause- elimination of abnormal/defective items – Loss of profit policy- Calculation of claim- (15 Hours)

Suggested Readings
1. Jain, S.P., & Narang, K.L. , Advanced Accountancy, Kalyani Publishers, New Delhi
2. Maheswari, S.N & Maheswari, S.K., Advanced Accounting, Vikas Publishing House, New Delhi
3. Shukla, M.C., & Grewal, T. S., Advanced Accountancy S. Chand and Company Pvt. Ltd,
New Delhi
4. Shukla, S.M., & Gupta, S.P., Advanced Accounting, Sahitya Bhavan Publications, Agra
5. Raman B S Corporate Accounting United Publishers
6. MA Arulanandam and KS Raman, Advanced Accountancy, Himalaya Publications, Mumbai.
7. The Chartered Accountant (Journal), Institute of Chartered Accountants of India, New Delhi.