Enroll Course: https://www.udemy.com/course/issue-forfeiture-reissue-of-share/
Navigating the complexities of share issuance, forfeiture, and reissue can be a daunting task for anyone involved in finance, accounting, or company law. Fortunately, Udemy offers a comprehensive course, ‘Issue, Forfeiture and Reissue of Share,’ that demystifies these crucial corporate finance concepts.
This course provides an in-depth exploration of shares, starting with the fundamental meaning of a share and delving into the intricacies of issue prices – whether at par, premium, or discount. The instructor meticulously explains the implications of issuing shares at a premium, highlighting its nature as a capital profit for the company and its correct accounting treatment. Equally important is the detailed breakdown of shares issued at a discount, covering the capital loss aspect, debit treatment, the 10% face value limit, and its presentation on the balance sheet. The course also addresses the legal prohibitions surrounding discounts and the specific provisions for issuing shares in installments.
Key sections of the course cover ‘Calls in Arrear’ and ‘Calls in Advance,’ explaining their accounting entries, interest implications, and impact on voting power. The practical application of these concepts is further enhanced through segments on issuing shares for consideration other than cash, such as for asset purchases, business acquisitions, and payments to promoters and underwriters. The latter half of the course is dedicated to the critical processes of ‘Forfeiture of Share’ and ‘Reissue of Share,’ including detailed journal entries for forfeiture, handling various forfeiture scenarios, and the nuances of reissuing shares, including partial reissues. The course also touches upon ‘Pro-Rata Allotment’ and calculating calls in arrear on allotment, providing a well-rounded understanding of share capital management.
For anyone seeking to solidify their knowledge in company accounts and corporate finance, this Udemy course is a highly recommended resource. It breaks down complex topics into digestible modules, supported by clear explanations and practical examples. Whether you’re a student, a finance professional, or an aspiring entrepreneur, mastering these share transaction processes is vital, and this course delivers on that promise effectively.
**Recommendation:** This course is excellent for students of accounting and finance, company secretaries, and anyone looking to understand the lifecycle of shares within a company. The clear explanations and comprehensive coverage make it a valuable investment for building a strong foundation in corporate finance.
Enroll Course: https://www.udemy.com/course/issue-forfeiture-reissue-of-share/