CBSE Class 11 Accountancy Syllabus

Details on CBSE Class 11 Accountancy Syllabus:

1. Core Subjects:

• Textbooks: The primary textbooks for CBSE Class 11 Accountancy are "Financial Accounting – I" and "Financial Accounting – II," covering fundamental accounting principles and practices.

2. Key Topics:

Financial Accounting – I:

• Introduction to Accounting:

  • Concepts and Conventions: Basic accounting concepts, conventions, and principles.
  • Types of Accounts: Understanding different types of accounts and their functions.

• Theory Base of Accounting:

  • Accounting Standards: Overview of accounting standards and their importance.
  • Accounting Process: Understanding the accounting process from recording transactions to preparing financial statements.

• Recording of Transactions:

  • Journal Entries: Recording transactions using journal entries and understanding the ledger.
  • Cash Book: Maintaining and understanding various types of cash books.
  • Bank Reconciliation Statement: Preparing bank reconciliation statements to reconcile bank and cash records.

• Bank Reconciliation Statement:

  • Purpose and Preparation: Understanding the purpose of a bank reconciliation statement and how to prepare it.

• Trial Balance and Rectification of Errors:

  • Preparation of Trial Balance: Preparing and understanding the trial balance.
  • Rectification of Errors: Identifying and correcting errors in accounting records.

• Financial Statements:

  • Preparation of Financial Statements: Preparing and analyzing the financial statements, including the Profit and Loss Account and Balance Sheet.

Financial Accounting – II:

• Accounting for Partnership Firms:

  • Basic Concepts: Understanding the nature and accounting of partnership firms.
  • Partnership Accounts: Preparing partnership accounts, including admission, retirement, and death of partners.

• Accounting for Companies:

  • Share Capital: Understanding the concepts related to share capital, including issuance and buyback of shares.
  • Debentures: Accounting for debentures, including their issuance and redemption.

• Accounting Ratios:

  • Types of Ratios: Learning about different types of financial ratios, including liquidity, profitability, and solvency ratios.
  • Analysis of Ratios: Analyzing financial statements using ratios to assess the financial health of an organization.

• Accounting for Non-Profit Organizations:

  • Nature and Purpose: Understanding the nature and purpose of accounting for non-profit organizations.
  • Preparation of Accounts: Preparing accounts for non-profit organizations, including receipts and payments accounts, income and expenditure accounts, and balance sheets.

3. Language Skills:

• Accounting Terminology: Understanding and using accounting terms and concepts accurately.
• Analysis and Interpretation: Analyzing and interpreting financial statements and accounting records.

4. Evaluation:

• Internal Assessment: Includes practical work, assignments, and projects to assess students’ understanding and application of accounting principles.
• Term End Exams: Structured exams to evaluate knowledge through various types of questions.

5. Exam Pattern:

• Types of Questions: The exam typically includes multiple-choice questions, short answer questions, and long answer questions.
• Marking Scheme: Marks are distributed based on the accuracy of responses, understanding of concepts, and presentation of information.

This comprehensive guide on the CBSE Class 11 Accountancy syllabus provides students, parents, and educators with a clear understanding of the curriculum and effective preparation strategies for successful examinations.