IMPORTANT QUESTIONS
UNIT 1 : 1***. concept of corporate financial reporting, objectives, characteristics 2. financial reports 3. issues and problems with published financial statements 4. recent changes in the published financial statements UNIT- 2: 1.** Discuss briefly accounting for corporate restructuring. 2**. inter company transactions 3. purchase consideration 4. inter-company holdings 5.** purchase consideration problems ( REFERENCE - RSN PILLAI VOL-II TEXT BOOK ) UNIT-3 1. **Concept of group & purpose of consolidated financial statements 2.** computation of goodwill (cost of control) & minority interest 3. wholly-owned subsidiary company & partially owned subsidiary company. 4.* pre-acquisition & post-acquisition of profits 5. unrealized profits 6. holding company advantages & disadvantages. 7. ***problems ( REFERENCE - RSN PILLAI VOL-II TEXT BOOK) UNIT-4 1**. The procedure of preparing the consolidated balance sheet 2. cash flow statement, benefits, adv & ...