CAPAS-P13

CAPAS-P13
PGDM 2013-15: Term-IV

Corporate Accounting Practices and Accounting Standards (CAPAS)

2014

Please see the video: A Brief Introduction to the Course:

http://youtu.be/lbe1WWUQYes

Click here to access the course page

Credit: 3.0 credit

Introduction

The course will take you into the details of the specific accounting issues and the relevant the accounting standards including IFRS.

Objectives of course

To understand the advanced issues of business management and their accounting treatment

To understand the principles underlying the new standards

To understand the difference between the Indian Accounting Standards and the IFRS

To critically examine some of the important standards

Topics

1. Introduction to the Accounting Environment of Indian Corporate Entities

Accounting Standards

Companies Act

Income Tax Act

2. Interrelationship between financial statements

IS vs CFS vs BS

3. Asset Accounting

Lease

Hire Purchase

4. Foreign Currency Transactions and Translations

Monetary and Non Monetary Items

Profit and Gains from Currency Fluctuations

5. Accounting for Income Tax

Deferred Tax, Deferred Tax Liabilities, and Deferred Tax Assets

6. Accounting for Financial Instruments:

Debt, Equity, and Hybrid instruments,

Derivative instruments

Hedging

7. Equity based payments

Stock Option Schemes

Stock Purchase Schemes

8. Corporate Restructuring

Mergers, Acquisition, Demergers

Capital Reduction and Buy back of shares

9. Group Company Accounts:

Consolidated Financial Statements

Goodwill

Minority Interest

10. Intangible Assets

Valuation and Reporting

Reference Book

IFRS: Taxman Publication

Accounting Standards: Taxmann Publication

Articles to be distributed during the session

Accounting Class_Virtual Class

: We will keep on populating the site during our sessions

Evaluation

Quiz: 20%

Assignment:15%

Mid Term: 30%

End Term: 35%

Created By: Alora Kar on 03/01/2014 at 11:34 AM
Category: BM-II Doctype: Document

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