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CA.

Prathap SS
1 Know your Syllabus
2 Marks Distribution
3 Assets Required
4 Chapter wise Highlights
5 E_Learning
1 Accounting Standards
2 IFRS
3 CF Reporting
4 Corporate Restructuring
5 Consolidation
6 Financial Instruments
7 Share based Payments
8 Financial Reporting for Financial Instituitions
9 Valuation
10 Developments in Financial Reporting
Chapters May 2013 Nov 2012 May 2012
1 36 32 36
2 - - -
3 - - -
4 16 16 32
5 16 16 16
6 8 8 8
7 4 4 -
8 12 16 -
9 16 16 12
10 8 8 12
Total 116 116 116
9.3
14.6 34.6 AS
CR
9.3 CNSL
2.6 FI
ESOP
8
21.3 FIN Reporting
16 Valuation
DEVP
ICAI BOS Publications from exam point of view

1 Study Material
2 Revision Test Paper
3 Practice Manual
4 Suggested Answers
5 Compilation

From RTP on , they are basically


previous years Question & Answer
papers.
An Intro.
Ch-1 : AS-1 to 29
Average marks
of last three
Ch-VI : AS-30 , 31 ,32 years - 42
For each AS prepare one page of
framework

Conceptual Understanding

Practical Application (Do the sums)


Detailed knowledge is NOT required as per ICAI
guidelines

Only straight forward problems will be asked for


8 marks

Division of Equity & Debt Liability


Exam point of view - NIL
Amalgamation

Demerger

Internal Reconstruction
Average marks
of last three
years - 21
Types

Merger Absorption

Pooling of
Purchase
interest
Method
method
Payment method

Net Assets method

Intrinsic value method

Share Valuation
Merger

Absorption

Cross Holding

One Way Holding

Mid Year Acquisition


Always start with Parent company

All the assets which are leaving the parent


company , credit them. (always at book value)

All the liabilities which are being taken over by


child company debit them.
Open Reconstruction A/c .

Keep track of Equity share capital movements.

Change the Balance Sheet figure.

AND REDUCED
Diagram of the holding and subsidiary companies.

Calculation of Cost of control and Minority Interest. Average


(cost of control bal either g/w or Capital Reserve)
Stock transfer reserve to be considered here.z
marks of
Consolidation of P&L A/c.
last
Firstly take the holding company profits, and check if all
three
adjustments of the holding company are considered then
proceed with subsidiary company.
years -
16
Inter company adjustments and then CFS.
In case of Chain Holdings,

Find the company , that doesnot have control over the other
and start from that company.

Proceed with normal Consolidation.

Once you complete the cost of control of that company , proceed


with the next company.
Regulatory framework , Guidence Note 18 issued
by ICAI.
Types of Sums:

Employee Stock Option Plan (ESOP)


Average
marks of
Employee Stock Purchase Plan (ESPP)
last three
years - 3
Stock Appreciation Rights (SARs)
Average
Mutual Funds
marks of last
three years -
Non-Banking Finance Company 9

Merchant Bankers

Stock and Commodity Market


Intermediaries
Formulae

Average
Small lot Valuation Vs Controlling
Interest Valuation. marks of last
three years -
Valuation of Goodwill. 16

Valuation of Company.
Value Added Statement

Economic Value Added (EVA)


Average marks
of last three
Human Resource Reporting years - 8
(Lev and Schwartz)
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