Vikas Sharma

AS 22, Accounting for Taxes on Income: current tax, timing and permanent differences, deferred tax assets and liabilities, prudence and virtual certainty, and the 2026 Pillar Two paragraphs4 Oct 2026 AS 20, Earnings Per Share: basic and diluted EPS, the weighted average number of shares, bonus and rights adjustments, dilutive potential equity shares and disclosures4 Oct 2026 AS 14, Accounting for Amalgamations: amalgamation in the nature of merger and of purchase, the pooling of interests and purchase methods, consideration, reserves, goodwill and disclosures4 Oct 2026 AS 7, Construction Contracts: fixed price and cost plus contracts, contract revenue and costs, the percentage of completion method, expected losses and disclosures4 Oct 2026 Cash flow statement under AS 3: a full worked example by the indirect method from two balance sheets, with the working notes for tax paid, fixed assets and dividends4 Oct 2026 Independent and foreign branches: reconciling head office and branch accounts, incorporating the branch trial balance, and translating a foreign branch as an integral or non-integral operation under AS 114 Oct 2026 Branch accounts of dependent branches: the debtors method, the stock and debtors method, goods sent at cost and at invoice price, and the adjustment for the loading4 Oct 2026 Amalgamation accounting: computing the purchase consideration, closing the books of the transferor company and the opening entries of the transferee company under the pooling of interests and purchase methods4 Oct 2026 Internal reconstruction: alteration and reduction of share capital, the capital reduction (reconstruction) account, writing off losses and overvalued assets, and the balance sheet after the scheme4 Oct 2026 Buy-back of shares: the accounting entries, the sources allowed, the transfer to capital redemption reserve, and the limit and debt-equity tests worked on a balance sheet4 Oct 2026 Redemption of debentures: lump-sum payment, instalments and purchase in the open market, the debenture redemption reserve and investment, and the journal entries4 Oct 2026 Redemption of preference shares: the conditions in section 55, redemption out of profits and out of a fresh issue, the capital redemption reserve, premium on redemption and the journal entries4 Oct 2026