Where can I download the CBSE Class 11 Accountancy syllabus 2024-25?

Students can download the CBSE class 11 official accountancy syllabus 2024-25 PDF from the above article.

CBSE Class 11 Accountancy Syllabus 2024-25 Out, Download Syllabus PDF

Table of Contents

The Central Board of Secondary Education releases the official syllabus of every subject from class 9 to class 12 every year to ensure that students are studying the right topics for the board and annual examinations. In this process, the CBSE has released the syllabus for all subjects of class 11 as well including the accountancy or accounts subject. The CBSE class aa 1ccountancy syllabus 2024-25 official pdf and the paper pattern has been shared in the article.

CBSE Class 11 Accountancy Syllabus 2024-25

The CBSE’s academic wing has released the CBSE Class 11 Accountancy Syllabus 2024-25 on its official website, cbseacademic.nin.in. The official syllabus is the ultimate guide that students should follow in their preparation for the annual examinations of class 11 accountancy subject for the session 2024-25. The latest syllabus has been designed keeping in mind the modern requirements and is designed to introduce students to the fundamental principles of accounting and financial management.

CBSE Class 11 Accountancy Syllabus 2024-25 Overview

The CBSE class 11 syllabus 2024-25 is designed to provide a solid base for students interested in studying commerce-related subjects in advanced classes or professional settings. Having a deep understanding of the curriculum is essential for 11th grade students in the Commerce stream as they will be introduced to Accountancy for the first time. The main topics included in the CBSE class 11 accountancy syllabus 2024-25 are Accounting Process, Financial Statements of Sole Proprietorship, etc.

CBSE Class 11 Accounts Paper Pattern 2024-25

The CBSE class 11 accountancy subject comprises of theory component as well as project work. The theory exam paper is held for 80 marks while the project work accounts for 20 marks. The theory syllabus is in turn divided into two main parts: Part A : Financial Accounting-1 and Part B : Financial Accounting-II. The weightage of the class 11 Accountancy subject Part A is 56 marks while the Part B accounts for 24 marks. Check the detailed paper pattern below.

Units		Periods	Marks
Part A: Financial Accounting-1
	Unit-1: Theoretical Framework	25	12
	Unit-2: Accounting Process	115	44
Part B: Financial Accounting-II
	Unit-3: Financial Statements of Sole Proprietorship	60	24
Part C: Project Work		20	20

CBSE Class 11 Accountancy Detailed syllabus 2024-25

It is crucial to have a syllabus organized by topics in order to effectively cover the curriculum in a well-balanced way. It helps students save time and avoid unnecessary topics. The detailed CBSE class 11 accountancy syllabus 2024-25 is provided below for students. The subject code for the CBSE class 11 accountancy subject is 055.

PART A: FINANCIAL ACCOUNTING – I

Unit-1: Theoretical Frame Work

Units/Topics

Introduction to Accounting

· Accounting- concept, meaning, as a source of information, objectives, advantages and limitations, types of accounting information; users of accounting information and their needs. Qualitative Characteristics of Accounting Information. Role of Accounting in Business.

· Basic Accounting Terms- Entity, Business Transaction, Capital, Drawings. Liabilities (Non Current and Current). Assets (Non Current, Current); Expenditure (Capital and Revenue), Expense, Revenue, Income, Profit, Gain, Loss, Purchase, Sales, Goods, Stock, Debtor, Creditor, Voucher, Discount (Trade discount and Cash Discount)

Theory Base of Accounting

· Fundamental accounting assumptions: GAAP: Concept

· Basic Accounting Concept : Business Entity, Money Measurement, Going Concern, Accounting Period, Cost Concept, Dual Aspect, Revenue Recognition, Matching, Full Disclosure, Consistency, Conservatism,

– Materiality and Objectivity

– System of Accounting. Basis of Accounting: cash basis and accrual basis

– Accounting Standards: Applicability of Accounting Standards (AS) and Indian Accounting Standards (IndAS)

– Goods and Services Tax (GST): Characteristics and Advantages.

Unit-2: Accounting Process

Units/Topics

Recording of Business Transactions

· Voucher and Transactions: Source documents and Vouchers, Preparation of Vouchers, Accounting Equation Approach: Meaning and Analysis, Rules of Debit and Credit.
· Recording of Transactions: Books of Original Entry- Journal
· Special Purpose books:
· Cash Book: Simple, cash book with bank column and petty cashbook
Purchases book
Sales book
Purchases return book
Sales return book
Journal proper

Note: Including trade discount, freight and cartage expenses for simple GST calculation.

Ledger: Format, Posting from journal and subsidiary books, Balancing of accounts

Bank Reconciliation Statement:

Need and preparation, Bank Reconciliation Statement

Depreciation, Provisions and Reserves

Depreciation: Meaning, Features, Need, Causes, factors
Other similar terms: Depletion and Amortisation

Methods of Depreciation:

i. Straight Line Method (SLM)

ii. Written Down Value Method (WDV)

Note: Excluding change of method

Difference between SLM and WDV; Advantages of SLM and WDV
Method of recoding depreciation

i. Charging to asset account

ii. Creating provision for depreciation/accumulated depreciation account

Treatment of disposal of asset
Provisions, Reserves, Difference Between Provisions and Reserves.
Types of Reserves:

i. Revenue reserve

ii. Capital reserve

iii. General reserve

iv. Specific reserve

v. Secret Reserve

Difference between capital and revenue reserve

Trial balance and Rectification of Errors

Trial balance: objectives, meaning and preparation

(Scope: Trial balance with balance method only)

Errors: classification-errors of omission, commission, principles, and compensating; their effect on Trial Balance.

Detection and rectification of errors;

(i)Errors which do not affect trial balance

(ii)Errors which affect trial balance

preparation of suspense account.

Part B: Financial Accounting – II

Unit 3: Financial Statements of Sole Proprietorship

Units/Topics

Financial Statements

Meaning, objectives and importance; Revenue and Capital Receipts; Revenue and Capital Expenditure; Deferred Revenue expenditure. Opening journal entry. Trading and Profit and Loss Account: Gross Profit, Operating profit and Net profit. Preparation. Balance Sheet: need, grouping and marshalling of assets and liabilities. Preparation. Adjustments in preparation of financial statements with respect to closing stock, outstanding expenses, prepaid expenses, accrued income, income received in advance, depreciation, bad debts, provision for doubtful debts, provision for discount on debtors, Abnormal loss, Goods taken for personal use/staff welfare, interest on capital and managers commission. Preparation of Trading and Profit and Loss account and Balance Sheet of a sole proprietorship with adjustments.

Incomplete Records

Features, reasons and limitations.

Ascertainment of Profit/Loss by Statement of Affairs method. (excluding conversion method)

CBSE Class 11 Accountancy Syllabus 2024-25 for Project Work

Students should take a look at the syllabus and suggested topics for the CBSE class 11 accountancy project work 2024-25 below. It is important to note that students will have to perform any one of the following project work only.

Collection of source documents, preparation of vouchers, recording of transactions with the help of vouchers.
Preparation of Bank Reconciliation Statement with the given cash book and the pass book with twenty to twenty-five transactions.
Comprehensive project of any sole proprietorship business. This may state with journal entries and their ledgering, preparation of Trial balance. Trading and Profit and Loss Account and Balance Sheet. Expenses, incomes and profit (loss), assets and liabilities are to be depicted using pie chart / bar diagram. This may include simple GST related transactions.