Corporate Accounting- II

Unit No.

Unit Title

Contents

1

Holding Company Accounts

Calculation of Capital Profit, Revenue Profit, Cost of Control.

Preparation of Consolidated Balance Sheet of Holding Company with One Subsidiary Only. Adjustment of Intercompany Transactions, Unrealized Profit of Stock.

2

Absorption of Companies

Introduction, Meaning - Vendor and Purchasing Companies- Purchase Consideration, Accounting Entries in the Books of Vendor Company and Journal Entries and Preparation of Balance Sheet after Absorption in the Books of Purchasing Company

3

Accounting for Liquidation of Companies

Meaning of Liquidation- Modes of Winding Up –  

(a) Preparation of Liquidator Final Statement of Account (b) Preparation of Statement of Affairs and Deficiency Account.

4

Forensic Accounting

Introduction, Meaning, Objectives, Types of Forensic Accounting,

Nature and Key Principles of Forensic Accounting

Ethical Principles and Responsibilities