Corporate Financial Accounting MCOM Semester IV Manan Prakashan

1. Corporate Financial Reporting
l Introduction of Financial Reporting
l Need for reporting
l Contents of Financial Report
l Recent Trends in Financial Reporting

2. International Financial Reporting Standards (IFRS) & Ind – AS
l Accounting Standards (AS) – Applicability, Interpretation, Scope and Compliance in India
l Introduction to I.F.R.S.
l Ind – AS
l Specific Ind AS :
Borrowing Costs
Operating Segments
Earning Per Share
Income Taxes
Accounting for Fixed Assets

3. Valuation of Business For Amalgamation & Merger
Meaning, Need & Approach
Methods of Valuation

4. Consolidated Financial Statement
Meaning, Stand Alone Financial Statements
Consolidated Financial statements – Applicability, Advantages & Disadvantages
Procedure of consolidation of Balance Sheet and Profit & Loss Account (Excluding cross holding, Chain Holding & Foreign Subsidiary)