Taxmann Corporate Accounting (Set of 2 Volumes) – B.Com (Hons.) By Bhushan Kumar Goyal Edition 2025

This comprehensive textbook is tailored for B.Com. (Hons.) and B.Com. students under the Undergraduate Curriculum Framework (UGCF) and National Education Policy (NEP). It covers the latest provisions of the Companies Act, 2013, updated Accounting Standards, and Ind AS, providing a thorough understanding of corporate accounting systems.

The book features systematically organised chapters, simplified explanations, and extensive illustrations to enhance conceptual clarity and practical application. It includes assignments, objective questions, and recent university examination papers to ensure exam readiness and practical proficiency. Additionally, it guides readers in preparing company financial statements effectively.

This textbook is divided into two volumes for comprehensive coverage:

• Volume I – Text & Illustrations
• Volume II – Assignments

This book fulfils the requirements of undergraduate students pursuing commerce and management courses, including:

• B.Com. (Hons.) | Semester II | Paper DSC – 2.1 under UGCF (as per NEP)
• B.Com. | Semester II | Paper DSC – 2.1 under UGCF (as per NEP)
• Students of the Non-Collegiate Women’s Education Board (NCWEB)
• Students of the School of Open Learning (SOL), University of Delhi
• Students from Central Universities across India

The Present Publication is the 12^th Edition (based on NEP), authored by Bhushan Kumar Goyal, with the following noteworthy features:

• [Up-to-Date Content] Incorporates the latest provisions of the Companies Act, 2013, including the amended Schedule III, key Accounting Standards (e.g., AS 4, AS 10, AS 26), and relevant Guidance Notes issued by the Institute of Chartered Accountants of India (ICAI). It also features accounting treatments aligned with Ind AS, ensuring a contemporary understanding of corporate accounting practices
• [Practical and Exam-Oriented Approach]
  • Covers a wide range of illustrations, objective questions, and practical problems, helping students grasp concepts through hands-on practice
  • Assignments and additional exercises ensure reinforcement of theoretical learning and application-based problem-solving
  • Includes recent examination papers (July 2023 and May 2024) to familiarise students with real-world exam patterns and expectations
• [Simplified Presentation]
  • Topics are presented systematically, making even complex concepts easy to understand
  • Financial statements and solutions follow the prescribed format, ensuring academic accuracy and practical relevance
  • Written in clear, concise language for effortless comprehension, making it ideal for undergraduate students at all levels
• [Thorough Coverage]
  • Focuses on the nuances of corporate accounting with a mix of theoretical and practical aspects, addressing the requirements of both academic syllabi and professional standards
  • Chapters are enriched with learning aids, summary points, and key terms to support revision and preparation

Contents of this book are as follows:

Volume I

• Introduction
• Issue, Forfeiture and Reissue of Shares
• Issue of Rights and Bonus Shares
• Employee Stock Option Plan
• Underwriting of Shares and Debentures
• Redemption of Preference Shares
• Buy-Back of Shares
• Issue and Redemption of Debentures
• Financial Statements of Companies
• Cash Flow Statement
• Valuation of Intangible Assets and Shares
• Value Added Statements
• Amalgamation
• Internal Reconstruction
• Corporate Financial Reporting

Volume II

• Accounting for Share Capital and ESOP
• Underwriting of Shares and Debentures
• Redemption of Preference Shares
• Buy-Back of Shares
• Issue and Redemption of Debentures
• Financial Statement of Companies
• Cash Flow Statement
• Valuation of Intangible Assets and Shares
• Value Added Statements
• Amalgamation
• Internal Reconstruction
• Corporate Financial Reporting
• Question Papers
• B.Com. (Hons.) | CBCS | SEM-II | July 2022
• B.Com. (Pass) | CBCS | SEM-IV | May 2022