Week 1

Lecture 1

Overview of Financial reporting(Overview of International Accounting Standards (IAS)/International Financial Reporting Standards (IFRS),) Overview of Financial reporting(Meaning of Financial Reporting)

T-1:Chapter 1

OR-1 OR-4

Conceptual Framework of Financial Reporting, Applicability of IAS and IFRS and List of IAS Conceptual Framework of Financial Reporting, Applicability of IAS and IFRS and List of IAS Description of Objectives of Corporate Financial Reporting , users of Financial Statements andf Limitations of Financial Statements Description of Objectives of Corporate Financial Reporting , users of Financial Statements andf Limitations of Financial Statements Description of Objectives of Corporate Financial Reporting , users of Financial Statements andf Limitations of Financial Statements Conceptual Framework of Disclosure of Fundamental Accounting Policies, consideration in the

Recognize the Discussion Significance of Financial Reporting, IAS and IFRS

T-1:Chapter 1

OR-1

Recognize Significance of Financial Reporting, IAS and IFRS

Lecture 2

Overview of Financial reporting(Objectives of Financial Reporting)

T-1:Chapter 1

OR-1 OR-2

Identify the purpose of Financial Reporting, Learn about the Users and Limitations of Financial Statements Identify the purpose Annual Report of Financial Reporting, Learn about the Users and Limitations of Financial Statements Identify the purpose Annual Report of Financial Reporting, Learn about the Users and Limitations of Financial Statements Explicate the rules Annual Report and and means of PPTs disclosure of Accounting Policies

Overview of Financial reporting(Users of Financial statements)

T-1:Chapter 1

OR-1 OR-5

Overview of Financial reporting(Limitations of financial Statements)

T-1:Chapter 1

OR-1

Lecture 3

Overview of Financial reporting(Disclosure)

T-1:Chapter 1

OR-1

selection of Accounting Policies, Manner of Disclosure, Disclosure of Changes in Accounting Policies and Disclosure of deviations from Fundamental Accounting assumptions Week 2 Lecture 4 Corporate Restructuring(Accounting for Corporate Restructuring) T-1:Chapter 3A OR-1 Conceptual Explain the various Framework of methods of Corporate Corporate Restructuring, Restructuring Theoretical Framework of Methods of Corporate Restructuring along with Distinction between Amalgamation in nature of purchase and Amalgamation in nature of Merger Conceptual Explain the various Framework of methods of Corporate Corporate Restructuring, Restructuring Theoretical Framework of Methods of Corporate Restructuring along with Distinction between Amalgamation in nature of purchase and Amalgamation in nature of Merger Conceptual Framework of Inter Company Holdings Gain the insights of issues involved in Financial Reporting in case of Inter company Holdings Be able to explain

Lecture 5

Corporate Restructuring(Accounting for Corporate Restructuring)

T-1:Chapter 3A

OR-1

Lecture 6

Corporate Restructuring(intercompany holdings.)

T-1:Chapter 3B

OR-1

Week 3

Lecture 7

Corporate

T-1:Chapter 3C

OR-1

Conceptual

Restructuring(Demerger)

OR-16

Framework of Financial Reporting related to demergers, Descriptionof Merger abd Demerger reporting and documentation reiquirements

Reporting and Documentation requirements of Mergers and Demergers

Lecture 8

Consolidated Financial T-1:Chapter 4A Statements(Consolidated Financial Statements of Group Companies)

OR-1 OR-6

Conceptual Identify and Annual Report Framework of Group , Illustrate the Group Holding and Companies Subsidiary Group, Purpose of preparing the Consolidated Financial Statements, Legal Requirements for presentation of Information to Members of the Holding Company Conceptual Identify and Annual Report Framework of Group , Illustrate the Group Holding and Companies Subsidiary Group, Purpose of preparing the Consolidated Financial Statements, Legal Requirements for presentation of Information to Members of the Holding Company Conceptual Identify and Framework of Group , Illustrate the Group Holding and Companies Subsidiary Group, Purpose of preparing the Consolidated Financial Statements, Legal Requirements for presentation of Information to Members of the Holding Company Advantages of Be able to undersand

Lecture 9

Consolidated Financial T-1:Chapter 4A Statements(Consolidated Financial Statements of Group Companies)

OR-1 OR-6

Consolidated Financial Statements(Concept of a Group,)

T-1:Chapter 4A

OR-1

Week 4

Lecture 10

Consolidated Financial

T-1:Chapter 4A

OR-1

Statements(Purposes of consolidated financial statements minority interest)

OR-8

Consolidation, the requirement and Requirement of advantages of Accounting Standard consolidation 21, Consolidation Procedure, Treatment of Differential Homework,Test 1 Conceptual Describe the issues Framework of related to Minority Minority Interest and Interest Chain Holding Theoretical Identify and Framework of Illustrate the Treatment of Pre and Treatment of pre Post acquisition profit acquisition and postacquisition profit Theoretical Framework of Consolidation with two or more subsidiaries Identify the implication of Consolidationof 2 or more subsidiaries

Lecture 11 Lecture 12 Consolidated Financial Statements(Goodwill, Consolidation procedures Minority interests, Goodwill,) Consolidated Financial Statements(Treatment of preacquisition and postacquisition profit.) T-1:Chapter 4A OR-1 OR-7

Week 5

Lecture 13

T-1:Chapter 4A and 4B

OR-1

Lecture 14

Consolidated Financial T-1:Chapter 4C Statements(Consolidation with two or more subsidiaries,)

OR-1

Lecture 15

Consolidated Financial Statements(consolidation with foreign subsidiaries.)

T-1:Chapter 4C

OR-1 OR-17

Effects of change in Explicate the foreign currency rate, Reporting Reporting foreign regulations of currency transactions, consolidation with Recognition of foreign subsidiaries Exchange difference, Change in Functional currency, Disposal of foreign operations, tax effects of all exchange differences Components of Recognize the Annual Report and Consolidated profit Reporting Discussion and loss account, requirements of balance sheet and cashConsolidated profit flow statement and loss account, balance sheet and cash flow statement Homework,Test 2 Conceptual framework of Employee Share Based Payments, Explain the meaning,implication and different plans of Employee Share

Week 6

Lecture 16

Consolidated Financial T-1:Chapter 4C Statements(Consolidated profit and loss account, balance sheet and cash flow statement.)

OR-1

Lecture 17 Lecture 18 Share based payments(Meaning) T-1:Chapter 5 OR-1

Share Based based payments Payments Plans, Equity Settled Employee share based payment plans Share based payments(Equity settled transactions) T-1:Chapter 5 OR-1 OR-10 OR-11 Conceptual Explain the framework of meaning,implication Employee Share and different plans of Based Payments, Employee Share Share Based based payments Payments Plans, Equity Settled Employee share based payment plans Theoretical Learn the framework of Accounting Accounting Procedure Procedure for ESOP, for ESOP, ESPP, ESPP, Variation in Variation in vesting vesting period, period, Cancellation Cancellation and and settlement during settlement during vesting period vesting period Theoretical Learn the Practical Problems framework of Accounting Accounting Procedure Procedure for ESOP, for ESOP, ESPP, ESPP, Variation in Variation in vesting vesting period, period, Cancellation Cancellation and and settlement during settlement during vesting period vesting period Description of Issues Identify the various Discussion in Financial Reporting Issues related to Financial Reporting Conceptual Recognixe the Discussion framework of problems related to Problems with special published financial reference to published statement financial statements Conceptual Define the nature and Discussion framework of types of Financial Financial Instruments Instruments Derivatives, Accounting for

Week 7

Lecture 19

Share based payments(Transaction with employees and nonemployees)

T-1:Chapter 5

OR-1

Share based payments(Determination of fair value of equity instruments)

T-1:Chapter 5

OR-1

Lecture 20

Corporate Financial Reporting(Corporate Financial Reporting - Issues) Corporate Financial Reporting(Problems with special reference to published financial statements.)

OR-1 OR-12 OR-1

Lecture 21

MID-TERM Week 8 Lecture 22 Accounting and Reporting of Financial Instruments(Meaning) T-1:Chapter 8A OR-1

Trading Purpose, Forward Contracts, Interest Rate Swap Accounting and Reporting of Financial Instruments(Recognition) T-1:Chapter 8A OR-1 Conceptual Define the nature and framework of types of Financial Financial Instruments Instruments Derivatives, Accounting for Trading Purpose, Forward Contracts, Interest Rate Swap Conceptual Describe the Framework of currency options Currency option, Subsequent Measurement of Financial Assets and Liabilities Derecognition of Learn the IFRS rules financial asset, for Derecognition of Transfer of Financial Assets and Liabilities assets, Post derecognition rights and obligations, Dereconition of Financial Liabilities Conceptual framework of measurement of financial instruments Be able to explain and illustrate the measurement of Financial Instruments Discussion

Lecture 23

Accounting and Reporting of Financial Instruments(compound financial instruments)

OR-1

Lecture 24

Accounting and Reporting of Financial Instruments(Derecognition and offset,)

OR-1

Week 9

Lecture 25

Accounting and Reporting of Financial Instruments(Measurement of financial instruments) Valuation(Concept of Valuation) T-1:Chapter 2A

OR-1 OR-13

Lecture 26

OR-1 OR-18

Conceptual Identify and illustrate Practical Problems Framework of Fair the measurement and Value Measurement, valuation techniques Objectives, Theoretical Framework of Fair Value Measurement of fair value, valuation Techniques, Disclosure Objective Conceptual Identify and framework of Illustrate how the Tangible Assets, type Tangible Fixed Annual Report and Practical Problem

Valuation(Valuation of Tangible Fixed Assets)

T-1:Chapter 2C

OR-1

of value, Original Assets are valued Cost of Fixed assets, Change in original cost Lecture 27 Valuation(Valuation of Intangibles including Brand Valuation and Valuation of Goodwill) T-1:Chapter 2A OR-1 Conceptual Learn the AS related Practical Problems Framework of to Intangible Assets Intangible Assets, Recognition and Initial Measurement of an Intangible asset, Concept of Brand, objectives of Corporate Branding, Objectives of Brand Accounting, Difficulties in Brand Accounting Meaning of Valuation Identify and of Liabilities, Purpose Illustrate how the of Valuation of Liabilities are Liabilities, Bases of accounted for Valuation of Liabilities, Carrying Value of Liability Conceptual and Theoretical framework of Valuation of shares Practical Problems

Week 10 Lecture 28

Valuation(Valuation of Liabilities)

T-1:Chapter 2E

OR-1

Lecture 29

Valuation(Valuation of Shares)

T-1:Chapter 2B

OR-1

Be able to know the Practical Problems procedure and rules on which valuation of shares is based

Lecture 30

Valuation(Valuation of Business)

T-1:Chapter 2F

OR-1

Need for Valuation of Learn the Methods of Business, Two valuation of Business approaches for Valuation of Business, Theoretical framework of Methods of Valuation of Business, Value of Control of the Business Meaning of Value Added, Gross Value Added, Net Value Added, Meaning and objective of Value Added Statement, Advantages and Explicate the concept, objective and method of preparing VAS Annual Report

Week 11 Lecture 31

Developments in Financial Reporting(Value Added Statement)

T-1:Chapter 6

OR-1

Format of Value Added Statement, Limitations of VA Lecture 32 Developments in Financial Reporting(Economic Value Added) T-1:Chapter 6 OR-1 Meaning of Economic Recognize and Value Added, How to Compute EVA of Calculate EVA, Uses any company and Limitations of EVA, Distinction between VA and EVA Meaning of Market Recognize and Value Added, How to illustrate MVA calculate MVA, Uses and Limitations, Relationship between EVA and Market Value Added, Benefits of MVA Meaning of SVA, Implications Explain the nature and need of SVA Annual Report and Discussion

Developments in Financial Reporting(Market Value Added)

T-1:Chapter 6

OR-1

Lecture 33

Developments in Financial Reporting(Shareholders Value Added) Financial Reporting(Financial Reporting by Mutual funds)

T-1:Chapter 6

OR-1

Week 12 Lecture 34

T-1:Chapter 9A

OR-1 OR-15

Meaning of Mutual Be able to Annual Report and Funds, Organization understand different Discussion of MF, Advantages of rules and standards MF, Types of MF, related to Financial How shall the Reporting by Mutual Investments be Funds disclosed, Accounting for Investments in the financial statements of MF, Accounting treatment of salepurchase of units, Contents of Balance Sheet of MF Meaning of NBFC, Analyze the quality Annual Report and NBFC and Banks, and content of Discussion Types of NBFC Financial Reporting regulated by RBI, by NBFC Minimum owned Funds, Public deposit Norms for NBFC, Liquid Asset Requirements, Income Recognition Principles,

Lecture 35

Financial Reporting(Nonbanking finance companies)

T-1:Chapter 9B

OR-1 OR-15

Accounting for Investments, NPA, Asset Classification, Disclosure in Balance Sheet, Requirement as to Capital Adequacy Lecture 36 Financial Reporting(Merchant bankers) T-1:Chapter 9C OR-1 OR-15 Meaning of Merchant Bankers, Capital Adequacy Requirements, Financial Reporting requirement of Merchant Bankers Meaning of Stock Brokers, What books of Accounts are required to be maintained by a stock broker, inspection of Records and Documents, Duties and obligation of Stock broker on inspection, Duties of Member Broker Conceptual and Theoretical framework of Human Resource Accounting Analyze the Quality Annual Report and and Content of Discussion Financial Reporting by Merchant Bankers

Week 13 Lecture 37

Financial Reporting(Stock and T-1:Chapter 9D commodity market intermediaries)

OR-1

Be able to understand and compare the Financial Reporting of Stock commodity Market Intermediaries with other Market players Financial Reporting

Lecture 38

Human Resource Reporting(Meaning)

T-1:Chapter 7

OR-1

Recognize the Annual report importance of HRA and issues involved in it Annual Report

Lecture 39

Human Resource Reporting(Reporting of Human resource in Financial statements)

T-1:Chapter 7

OR-1

Models, Implications Identify and of HRA Illustrate the HRA Model