The objective of the course is to develop a practical understanding of the accounts of limited companies.
Topics include the issue and redemption of share and loan capital; statutory books and return; accounting for mergers, acquisitions, capital re-organisation and reconstruction, reserves and provisions; pre-incorporation, profits, distributable profits and dividend payment accounting statements for publication in compliance with the companies acts; statements of standard accounting practice; the director's report; and the treatment of taxation in accounts.
On completion, the students will be able to apply the purchase and pooling as a means of accounting for business combination, an demonstrate an awareness of the principles of corporate reconstruction and the documentation for corporate liquidations.