Your roadmap · आपका रोडमैप
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Admission & first meetingप्रवेश और पहली मुलाकातEnquire at your nearest NDSS centre, meet the teacher, fix the batch time and get your study material.
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Part 1 of the syllabusपाठ्यक्रम भाग 1Unit-wise coaching with notes and doubt classes.
Unit 1: Issue of SharesUnit 2: Redemption of Preference Shares and DebenturesUnit 3: Final Accounts of Companies
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Part 2 of the syllabusपाठ्यक्रम भाग 2Unit-wise coaching with notes and doubt classes.
Unit 4: Amalgamation and Internal ReconstructionUnit 5: Valuation of Goodwill and Shares
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Unit tests & assignmentsयूनिट टेस्टRegular tests in the university / board pattern.
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Semester 3 exam (university / board)विश्वविद्यालय / बोर्ड परीक्षाPrevious papers and full revision before the exam.
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Online tests & resultऑनलाइन टेस्ट और रिज़ल्टTake the tests online; your marks and result show in your student login and at the centre.
Syllabus · पाठ्यक्रम
1 subject · 5 chapters · 24 topics
01Unit 1: Issue of Shares
6 topics+
- Types of shares and share capital
- Issue at par and at premium; securities premium (Section 52)
- Calls in arrears and in advance
- Forfeiture and reissue of shares
- Bonus and rights issue, sweat equity
- Buy-back of shares
02Unit 2: Redemption of Preference Shares and Debentures
5 topics+
- Section 55 and conditions for redemption
- Capital Redemption Reserve
- Fresh issue for redemption
- Issue of debentures
- Redemption of debentures
03Unit 3: Final Accounts of Companies
4 topics+
- Schedule III format of balance sheet and statement of profit and loss
- Notes to accounts
- Provision for tax and dividend
- Managerial remuneration
04Unit 4: Amalgamation and Internal Reconstruction
4 topics+
- AS 14: amalgamation in the nature of merger and purchase
- Methods of calculating purchase consideration
- Entries in the books of transferor and transferee
- Internal reconstruction: alteration and reduction of share capital
05Unit 5: Valuation of Goodwill and Shares
5 topics+
- Need and factors of goodwill valuation
- Average profit method
- Super profit and capitalisation methods
- Net asset method of share valuation
- Yield method and fair value
About this course
You will be able to
- Pass journal entries for issue, forfeiture and reissue of shares, bonus and rights issues
- Account for redemption of preference shares and debentures with Capital Redemption Reserve
- Prepare the final accounts of a company as per Schedule III of the Companies Act 2013
- Calculate purchase consideration and record amalgamation and internal reconstruction
- Value goodwill and shares by standard methods
Who it is for
- B.Com students (General and Accounting & Taxation streams) of Semester 3 under the UP State Universities NEP 2020 syllabus
- Students who need step-by-step practice of long numerical questions in company accounts
What you need
- Financial Accounting of Semester 1 (journal, ledger and final accounts)
Online tests & result
Practice and unit tests online; marks and result show in your student login and at the centre.
Student login →
Questions
Are the questions long?
Yes, many questions are long numericals. We teach a fixed format for each type so that answers are fast and correct.
Which accounting standards are used?
University papers follow the Companies Act 2013, Schedule III and AS 14; we follow the same, as per your university syllabus.
Which syllabus does the course follow?
It follows the UP State Universities NEP 2020 common minimum syllabus for B.Com. Where your own university's syllabus differs, the centre teaches as per your university syllabus and papers.
