Advance Accounting Questions

COMPENDIUM
ON
ADVANCED FINANCIAL
ACCOUNTING & REPORTING
ICWAI - FINAL
GROUP IV
PAPER 16
First Edition : May 2011
Published :
Directorate of Studies
The Institute of Cost and Works Accountants of India
12, Sudder Street, Kolkata-700 016
Printed at :
Repro India Limited
50/2 T.T.C. MIDC Industrial Area, Mahape, Navi Mumbai - 400710.
Copyright of this Compendium is reserved by the Institute of Cost and

Works Accountants of India and prior permission from the Institute is
necessary for reproduction of the whole or any part thereof.
COMPENDIUM
ON
ADVANCED FINANCIAL ACCOUNTING & REPORTING
FINAL
GROUP IV
PAPER 16
INDEX
Sl.
CHAPTER NAME
Page Nos.
No.
1.
Accounting Standards
1 23
2.
Preparation of Company Accounts
30-80
3.
Consolidated Financial Statements
81-122
4.
Valuation of Shares, Goodwill and Business
123-162
5.
Value Added Statement
163-182
6.
Segment Reporting
183-186
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COMPENDIUM

First Edition : May 2011

Copyright of this Compendium is reserved by the Institute of Cost and

Preparation of Company Accounts

Consolidated Financial Statements

Valuation of Shares, Goodwill and Business

Value Added Statement

Foreign currency loan =

Net profit of the year attributab le to equity shareholde rs

` 25 10,00,000 shares) + ( ` 20 2,50,000 shares)

Fair value per share prior to exercise of rights

` 2,400

/ yz > Z^ >

The dividend on 7,000 shares only (acquired on 1.4.2010) is a pre-acquisition dividend.

 ' W > ^ >

` 13,50,000 (1,20,000 shares x ` 11)

y > z >  > z >

  > z > z >

W>` '`

 2,840.0 + 3,154.6 =

 CE as on 31.3.2010 + CE as on 31.3.2011

4,503 + 4,904.40

11% + 12% + 13% + 14%

Breakup value + Market value

Dividend per share

Earning per share(EPS)

Profit after tax

Net assets available to equity shareholders

PAT + Debenture interest

Debt Equity Ratio =

Debt (long term loans)

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You might also like

` 2,400

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> z > z >

2,840.0 + 3,154.6 =

CE as on 31.3.2010 + CE as on 31.3.2011