CBSE Class XI Curriculum for Accounting
CBSE Class XI Curriculum for Accounting
CBSE Class XI Curriculum Accounting
CBSE Class XI Curriculum Accounting-Central Board of Secondary Education is a very popular educational board In India and it works towards the motive of education for students in public and private schools in the country. It conducts major exams for class 10th and 12th as boards exams.
Preparing for exams becomes much easier if you have the syllabus in details. The syllabus or curriculum is vital to understand the objectives of the course and also it will help you in effective learning. Knowing your syllabus also helps you in better managing of studies .The CBSE board has provided the syllabus for class 11 on its official website and the syllabus provides information regarding all activities and assignments that students need to finish for that academic session.
CBSE Sample Paper for Class 11 Accounts
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Academic syllabus for class 11 –
Accountancy– With changing economic conditions and business scenario Accountancy subject termed as the language of business has been quite a vital subject for students in senior secondary stage. The syllabus prepared is to provide students with a firm knowledge of basic principles and methodology of accounting and also make them familiar with the changes that takes place.
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ACCOUNTING SUBJECT
Part A– Financial Accounting
Unit 1- Theoretical Framework
Introduction to Accounting will have concept of accounting and basic accounting terms.Theory base of Accounting will include Fundamental Accounting Assumptions, Accounting principles,Accounting standards and IFRS,Double entry system of Accounting, Bases of Accounting.
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Unit II- Accounting Process
Recording of Transactions includes Accounting equation, Debit & credit rules, Origin of transactions,original entry books, cash book and other books. Preparation of Bank Reconciliation Statement/Ledger and Trial Balance will include Bank reconciliation statement,Ledger, Trial balance.Depreciation/Provisions/Reserves will have basics of depreciation, Accounting treatment of depreciation, provision and reserves.Accounting for Bills of Exchange will have Bills of exchange and promissory note, Important terms, Accounting treatment of bill transactions. Rectification of Errors will include topics like Errors, Detection and rectification of errors.
Part B- Financial Accounting II will include Unit 3- Financial Statements of Sole Proprietorship: From Complete and Incomplete Records
Objective and importance of Financial statements, Trading/profit and loss accounts,balance sheets, Adjustments in preparation of financial statements,preparation of profit and trading and loss accounts and also balance sheet of sole proprietorship, incomplete records, Ascertainment of profit/loss by statement of affairs method.
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Unit 4- Financial Statements of Not-for-Profit Organizations
Concept of non for profit organizations, Receipts and Payments Account, Income and Expenditure Account.
Unit 5- Computers in Accounting
Introduction to Computers and Accounting Information System, Intro to operating software, utilization of software and application software, Intro to Accounting Information System,Automation of Accounting process, Stages in automation.
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Part C- Project Work
- Source documents collection ,preparation of vouchers, recording of transactions with vouchers.
- Preparing Bank Reconciliation Statement with the provided cash book and pass book with 20 to 25 transactions.
- Comprehensive project of any sole proprietorship business.
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Books for Class XI Accountancy
- Accountancy Class – XI DK GOEL
- Oswaal CBSE Sample Question Papers for Class 11 Accountancy.
- Problems & Solutions in Accountancy Class – XI Paperback by Rajesh Goel
- Accountancy: For Class XI Paperback – 2010 by Banerjee B.K
For study reference
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