PROCEDURE (PROCESS) Lecture Activity Computatio n of. goodwill under. different methods PROCEDURE (PROCESS)

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1 T/ Lesson Plan framework CORPORATE ACCOUNTING Module : Valuation of Goodwill 2 hrs Valuation of Goodwill, Need, Various factors considered while valuing Goodwill, Methods Simple average profits, Weighted Average profits, Super profits, Capitalisation and Annuity n of goodwill different s Module 2: Valuation of Shares T/ 2 hrs Need, Earnings per Share ( IndAs 33) Methods of valuation of shares, Net Asset, Earnings Capitalisation, Fair value and Dividend Capitalisation, valuation of partly paid shares, Valuation of right shares n of value of shares Net Asset Earning capitalisatio n Fair value Dividend capitalisatio n For partly paid shares and right shares n of goodwill Simple average Under Weighted average Super profits Capitalisation Annuity n of value of shares Net Asset Earning capitalisation Fair value Dividend capitalisation For partly paid shares and right shares

2 Module 3: Corporate Restructuring T/ 20 hrs Business Combination ( IndAs 03) Amalgamation, Absorption and External Reconstruction, Amalgamation in the nature of Merger, in nature of Purchase, Calculation of Purchase consideration, entries, Ledger Accounts in the the vendor company, Pooling of Interest, Purchase, Finding Goodwill or Capital Reserve Preparation of Amalgamated Balance Sheet n of Purchase consideratio n entries and Ledger accounts in vendor Opening entries in Amalgamat ed Balance Amalgamat ed Balance n of Purchase consideration entries and Ledger accounts in vendor Opening entries in Amalgamated Amalgamated Module 4: Internal Reconstruction T/ 2 hrs Meaning, Objective, Forma of reduction, Reorganisation through surrender of shares, Sub Division and consolidation of shares, Accounting arrangement, entries, Balance after Reconstruction entries Reconstruct Balance entries Reconstruct T/ Module 5: Accounting Standards and International Financial Reporting Standards 2

3 4 hrs Meaning of Accounting Standard, Need, Objectives, Advantages, Introduction of IFRS and Ind Accounting Standards Step 2- LESSON PLAN HOURLY WISE Sample lesson plan based on hourly wise break up for an individual subject Subject Name: CORPORATE ACCOUNTING hours: 60 hrs Objective: To enable the students to develop awareness about corporate accounting conformity with the provisions of the Company s Act and latest amendments there to with the adoption of Ind Accounting Standards No of Hours Methodology/ Instructional techniques Evaluation/ learning confirmation Sl T & OBJECTIVES No Valuation of Goodwill T I Valuation of Goodwill, Need, Factors to be Q&A considered while valuing Goodwill, s 2 Simple average profits 3 Simple average profits 4 Weighted average profits 5 Weighted average profits 6 Super profits 7 Super profits 8 Capitalisation 9 Capitalisation 0 Annuity n of Goodwill 2 n of Goodwill TII Valuation of Shares Need for valuation, Types and Methods 2 Earnings per share ( IndAS 33) 3 Earnings per share 4 Net Asset Method 5 Net Asset Method 6 Earnings capitalisation 7 Earnings capitalisation 8 Fair value 9 Fair value 0 Dividend capitalisation Dividend capitalisation 3

4 2 Valuation of partly paid shares and Right shares T III Corporate Restructuring - Business Combination ( IndAs03 ) Amalgamation, Absorption and External Reconstruction 2 Amalgamation in nature of Purchase and Merger 3 Calculation of Purchase consideration 4 Calculation of Purchase consideration 5 entries in Vendor 6 entries in Vendor 7 Ledger Accounts 8 Ledger Accounts 9 Opening entries Amalgamated company 0 Amalgamated Absorption problems 2 Absorption problems 3 Absorption problems 4 Amalgamation in nature of merger problem 5 Amalgamation in nature of merger problem 6 Amalgamation in nature of merger problem 7 Amalgamation in nature of merger problem 8 Amalgamation in nature of merger problem 9 Problem External construction 20 Complete problem External construction Internal Reconstruction T IV Meaning, Objective, Forms of Reduction, Surrender of Shares, Subdivision and Consolidation of shares 2 entries 3 entries 4 entries 5 Reconstructed Balance Sheet 6 Reconstructed Balance Sheet 7 Reconstructed Balance Sheet 8 Reconstructed Balance Sheet 9 Reconstructed Balance Sheet 0 Reconstructed Balance Sheet Reconstructed Balance Sheet 2 Reconstructed Balance Sheet T V Accounting Standards and International Financial Reporting Standards 4

5 Meaning of Accounting Standards, Need 2 Objectives of Accounting standards, Advantages 3 Introduction to IFRS 4 Introduction to Ind Accounting Standards TEXT BOOKS Jain & Narang : Corporate Accounting 2 Maheshwari : Advanced Accountancy REFERENCES MAArunachalam & KSRaman : Advanced Accountancy 2 SNMaheshwari : Corporate Accounting Prepared By: Sumithra Sreenivasan Approved By: 5