Week

Topics and Readings

Books with Page No.

(Text Book)

1

Company Accounts: Introduction, Kind of Companies, Share Capital of Joint Stock Company, Issuance of Share, Share subscription, Issue of share at par, premium and discount and for other consideration then cash,

P 01-28

2

Bonus and Right issues. Further readings on Bonus and Right Issue

P 29-58

3

Debentures, Bonds and TFCs

P59-78

4

Further Readings on Debentures, Bonds and TFCs

P 79-109

5

Company Final Accounts under Companies Act 2017

P111-174

6

Analysis of Accounting Ratios

P 175-181

7

Further Readings on Ratio Analysis, Building Final Accounts from Accounting Ratios, Use and interpretation of Ratio Analysis

P 182-212

8

Valuation of Goodwill and Shares

P 561-596

Mid Term Exam

9

Introduction to Auditing: Definition, Audit & Accounting Difference, Objectives, Errors & Fraud, Advantages of Audit, Qualities of an Auditor, Audit Functions

P 1-28

10

Classification of Audit: Statutory Audit, Private Audit, Government Audit, Internal Audit, Continuous Audit, Final Audit, Interim Audit, Cost Audit, Management Audit.

P 29-44

11

Audit Standards: Principles, Procedure, Concepts, Techniques, Vouching and Verification Principles

P 45-53

12

Planning the Audit: Pre-requisites of Audit, Audit Program, Audit Note Book, Audit Working Papers, routine checking, Test checking, Teaming and Leading, Window Dressing

P 54-78

13

Internal Control: Definition, Principals, Designing of Internal Control, Internal Control over small organization, manufacturing concern, Internal Check, Difference between Internal check and Audit, Internal Check over different items, Internal Audit, functions, different between internal and external auditor

P 79-108

14

Audit of Limited Company: Appointment Procedure, Qualifications, Disqualification, Removal and Remuneration, Rights and Duties, Status of Company Auditor

P 182-193

15

Auditor Report: Statutory Report, Report for insertion in prospectus, Report on insolvency, Report on annual accounts. Contents of Audit Report,

P 194-207

16

Liabilities of Company Auditor: Negligence, Misfeasance, Criminal Liability, Dual Appointment, Liability of Honorary Auditor, Liability for Libel, Liability to third Party

P 208-218

Final Term Exam

ndividual Class Presentations/Projects*

Group Project                                                       (10%)

Assignments                                                         (5%)

Class Quiz/Case Studies                                       (5%)

20%

Mid Term Examination  (1 hour)

30%

Final Examination (2 hours)

50%

100%