cs executive of corporate and management accounting contain
Part I Corporate Accounting (60 Marks)
Part II Management Accounting And Valuation (40 Marks)
Corporate Accounting
Detailed Contents of Corporate Accounting
- Introduction to Financial Accounting.
- Introduction to Corporate Accounting : Records of accounts to be maintained by a company.
- Accounting for Share Capital : Issue of Shares; Forfeiture and Reissue of Shares, Accounting Treatment of Premium, Buy-back of Shares; Redemption and Conversion; Capital Redemption Reserve, Bonus Shares; Rights Issue, ESOPs, ESPS, Sweat Equity Shares; and Underwriting; Book Building.
- Accounting for Debentures : Accounting Treatment, Debenture Redemption Reserve, Redemption of Debentures and Conversion of Debentures into Shares. Deferred Tax.
- Related Aspects of Company Accounts : Accounting for ESOP, Buy-back, Equity Shares with differential rights, Underwriting and Debentures.
- Financial Statements Interpretation: Preparation and Presentation of Financial Statements; Quarterly, Halfyearly and Annual Financial Statement pursuant to Listing Regulations;Depreciation provisions and Reserves; Determination of Managerial Remuneration, Corporate Social Responsibility spend, various disclosures under the Companies Act, 2013, LODR & applicable accounting standards; Related party and segment reporting, Audit Queries; How to Read and interpret Financial Statements.
- Consolidation of Accounts as per Companies Act, 2013 : Holding Company, Subsidiary Companies, Associate Companies and Joint Venture; Accounting Treatment and disclosures.
- Corporate Financial Reporting : Requirements of Corporate Reporting; Recent trends in Financial Reporting.
- Cash Flow Statements : Preparation and their analysis.
- Accounting Standards (AS) : Applicability, Interpretation, Scope and Compliance; International Financial Reporting Standards ; Overview of AS, AS vs. Ind AS vs. IFRS.
- National and International Accounting Authorities.
- Adoption, Convergence and Interpretation of International Financial Reporting Standards (IFRS) and Accounting Standards in India.
Management Accounting And Valuation
Detailed Contents of Management Accounting And Valuation
- An Overview of Cost: Importance and relevance of Cost Accounting Material Cost, Labour Cost, Direct Expenses and Overheads, Cost Sheet.
- Cost Accounting Records & Cost Audit under Companies Act, 2013.
- Budget, Budgeting and Budgetary Control: Preparation of various types of Budgets; Budgetary Control System; Zero Based Budgeting; Performance Budgeting.
- Ratio Analysis: Financial Analysis through Ratios.
- Management Reporting (Management Information Systems).
- Decision Making Tools: Marginal Costing; Transfer Pricing.
- Valuation Principles & Framework: Conceptual Framework of Valuation, Valuation rules; Valuation of securities or financial assets; Approaches of Valuation – Assets Approach, Income Approach; Market Approach; Registered Valuer; IND AS Valuation.
- Valuation of Shares, Business and Intangible Assets: Regulatory Valuations; Companies Act; Insolvency and Bankruptcy Code; Income Tax Act; SEBI law; FEMA and RBI guidelines.
- Accounting for Share-Based Payments (Ind AS 102).
- Methods of Valuation: Net Assets Valuation: Relative Valuation (Comparable Companies/ Transactions); Discounted Cash Flow Valuation; Other Methods