Corporate Accounting (Set of 2 Volumes) - Books by Taxmann

Edition : 13th

Corporate Accounting (Based on National Education Policy – NEP) is a rigorously designed, two-volume undergraduate textbook that delivers a complete, syllabus-faithful, and examination-oriented exposition. Developed expressly for B.Com. (Hons.) and B.Com. Semester II (Paper DSC-2.1) under the UGCF framework aligned with NEP, the book presents corporate accounting as a structured and applied discipline governed by company law, accounting standards, and statutory reporting formats.

This work reflects continuous academic refinement, statutory updating, and close alignment with the University of Delhi examination patterns. The book integrates conceptual explanation, statutory compliance, worked illustrations, and intensive practice into a unified learning system, enabling students to progress seamlessly from understanding core principles to mastering examination-ready problem-solving.

This book is intended for the following audience:

• B.Com. (Hons.) Students (Semester II – DSC-2.1)
• B.Com. (Programme) Students under UGCF/NEP
• University of Delhi Students, including Regular Colleges, NCWEB, and School of Open Learning (SOL)
• Undergraduate Commerce Students of Central and State Universities following NEP-aligned curricula
• Students Pursuing Professional Courses (CA/CMA/CS – Foundation & Intermediate) who require a strong conceptual grounding in corporate accounting

The Present Publication is the 13^th Edition, authored by Bhushan Kumar Goyal, with the following noteworthy features:

• [UGCF–NEP Syllabus Alignment] Designed strictly in accordance with the revised University of Delhi syllabus (DSC-2.1) under the UGCF framework based on NEP, ensuring complete academic conformity
• [Statutory Accuracy & Currency] Accounting treatment aligned with the latest provisions of the Companies Act 2013, including amendments, rules, and MCA notifications relevant to corporate accounting
• [Accounting Standards Integration] Comprehensive coverage incorporating revised Accounting Standards (including AS-4, AS-10, AS-26) along with relevant ICAI Guidance Notes
• [Ind AS Exposure] Selective inclusion of Ind AS–based accounting treatment to build transition awareness and conceptual continuity between AS and Ind AS frameworks
• [Schedule III Discipline] Financial statements prepared strictly as per the amended Schedule III, with prescribed formats consistently followed in illustrations, questions, and solutions
• [Illustration-driven Learning] Each chapter includes a large number of carefully curated illustrations, framed to cover all practical permutations encountered in university examinations
• [Exam-oriented Pedagogy] Strong focus on examination relevance, with illustrations and practice questions reflecting recent University of Delhi examination trends
• [Clear Concept–practice Segregation] Logical separation between conceptual explanation, worked illustrations, and practice problems, enabling structured learning and revision

The book provides exhaustive, unit-wise coverage of the entire Corporate Accounting syllabus, including:

• Accounting for Share Capital and Employee Stock Option Plans (ESOPs)
• Underwriting of Shares and Debentures
• Redemption of Preference Shares
• Buy-back of Shares
• Issue, Redemption, and Valuation of Debentures
• Preparation of Company Financial Statements as per Schedule III
• Cash Flow Statements
• Valuation of Shares and Intangible Assets
• Amalgamation and Internal Reconstruction
• Corporate Financial Reporting, covering:
• Annual Reports and Financial Statements
• Board's Report and Notes to Accounts
• Segment Reporting
• XBRL Reporting
• Sustainability, CSR, and value-based reporting
• The coverage is mapped to unit-wise weightage prescribed by the syllabus, enabling students to focus proportionately on high-scoring and conceptually significant areas

The structure of the book is as follows:

• Volume I | Text & Illustrations – Volume I functions as the primary instructional text and is developed using a structured, outcome-oriented pedagogy:
• Clearly defined learning objectives at the beginning of each chapter, aligned with NEP-style competency-based education
• Conceptual explanations written in simple, precise, and academically sound language
• Step-by-step accounting treatment, supported by:
• Journal entries
• Ledger postings
• Working notes
• Preparation of final accounts and statements
• Illustrations designed to cover all practical permutations, including:
• Pro-rata allotments
• Forfeiture and reissue of shares
• Premium and discount scenarios
• Complex corporate restructuring and reporting cases
• Inclusion of objective and theoretical questions to reinforce conceptual understanding
• Volume II | Assignments – Volume II serves as a dedicated practice and assessment companion, translating theory into examination performance:
• Extensive chapter-wise practical question sets aligned with Volume I topics
• Problems calibrated to:
• University examination standards
• Professional course expectations
• Inclusion of actual University examination question papers, enabling students to:
• Understand question framing and depth
• Identify recurring themes
• Practise full-length examination papers under realistic conditions
• Helps students develop speed, accuracy, and confidence before assessments