Syllabus of Accountancy Class 11 CBSE 2024-25 - FREE PDF Download
CBSE has announced the new Class 11 Accountancy syllabus 2024-25 course structure. The latest CBSE Class 11 Syllabus for Accountancy, provided by Vedantu contains comprehensive information about unit-wise segregation of topics, weightage of marks, internal assessment, question paper design, chapters, and practical requirements. It covers essential areas such as financial accounting, cost accounting, and company accounts.
- 4.1Part A: Financial Accounting - I
- 4.2Part B: Financial Accounting - II
- 4.3Part C: Project Work (Any One)
The Syllabus of Accountancy Class 11 CBSE 2024-25 will help students with the exam preparations but also help them prepare for other competitive exams. Students are advised to thoroughly study the prescribed contents within each topic to gain a deep understanding of the subject. Hence, students need to have clarity over the newly updated Accountancy syllabus. You can download the CBSE Syllabus for Class 11 Accountancy PDF for FREE at Vedantu.
New Updations of the Accountancy Class 11 Syllabus 2024-25
Focus on the Goods and Services Tax (GST).
Integration of Technology.
Emphasis on Financial Literacy.
Incorporation of Contemporary Business Practices.
Project-based Learning.
These are potential updates based on general trends, and the actual changes might differ.
FAQs on CBSE Class 11 Accountancy Syllabus 2024-25: Updated Curriculum
1. What is the Objective and Aim of the Class 11 Accountancy Syllabus?
The emphasis of the course is on developing a basic understanding of accounting in the students of class 11. Accountancy as a subject is introduced after Class 10th. The syllabus of Class 11 provides an insight into the fundamentals of accountancy. The course is designed to develop a firm foundation of clear theoretical knowledge about the subject. The theoretical framework allows students to properly understand the concepts of accounting, its objectives, meaning and importance. These are critical in learning the practical aspect of using accountancy tools in the preparation of financial statements.
Furthermore, the course allows the students to engage in the practical aspect of accountancy by having them do project work that puts them in a real-life case scenario. It builds their aptitude, evaluation and problem-solving skills in the longer run. This also increases their dexterity in solving accounting problems.
2. What is the Examination Pattern for the Class 11 Accountancy Paper?
The theoretical examination is for 80 marks and the time allotted is 3 hours. Students are required to solve different types of questions such as as- Objective type questions, Very short answer type questions, short answer type questions and long answer type questions. These questions test the student’s knowledge of the theory and application of concepts.
Remembering and Understanding (44 Marks): Students are required to exhibit memory of learned concepts and terms of accountancy. Your ideas need to be well organised and logical to portray your clear understanding of the topic.
Application Based (19 Marks): Students need to use their knowledge of the concepts in solving problems that are new to them. It tests the application of underlying knowledge in students.
Analysing, Evaluating and Creating: It requires students to logically analyse given information, process it and answer them according to their interpretation.
3. What is there in Unit 1 of the accounting syllabus?
Unit-1: Theoretical Framework
Introduction to Accounting
Accounting – concept, 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 – Business Transaction, Capital, Drawings. Liabilities (Non Current and Current). Assets (Non Current, Current); Fixed assets (Tangible and Intangible), Expenditure (Capital and Revenue), Expense, 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
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 in IndAS
Goods and Services Tax (GST): Characteristics and Objective
Vedantu has all the syllabus attached with the link, This syllabus is written down by referring all the CBSE Textbooks
4. What is unit 2 of the CBSE Syllabus for Class 11 Accountancy Term (1 & 2) 2024-25?
Vedantu has all the unit syllabus available on their website. Unit-2: Accounting Process
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 cash book
Purchases book
Sales book
Purchases return book
Sales return book
Ledger:
Format, Posting from journal and subsidiary books, Balancing of accounts
Bank Reconciliation Statement:
Need and preparation
Depreciation, Provisions and Reserves
Depreciation: Concept, Features, Causes, factors
Other similar terms: Depletion and Amortization
Methods of Depreciation:
i. Straight Line Method (SLM)
ii. Written Down Value Method (WDV)
Difference between SLM and WDV; Advantages of SLM and WDV
Accounting treatment of depreciation
i. Charging to an asset account
ii. Creating provision for depreciation/accumulated depreciation account
Provisions and Reserves: Difference
Types of Reserves:
i. Revenue reserve
ii. Capital reserve
iii. General reserve
iv. Specific reserve
v. Secret Reserve
Difference between capital and revenue reserve
5. What are the main topics covered in the CBSE Class 11 Accountancy syllabus for 2024-25?
The syllabus covers core accounting concepts like the accounting equation, double-entry system, journalising, ledger posting, preparation of financial statements (Trading and Profit & Loss A/c, Balance Sheet), depreciation, and basic accounting standards.
6. How is the exam paper structured for Class 11 Accountancy?
The exam typically consists of three sections:
Section A: Objective-type questions testing memory and basic understanding (44 marks)
Section B: Short answer questions requiring application of knowledge (19 marks)
Section C: Analysis and evaluation-based questions (17 marks)
7. What are some essential reference materials for studying Accountancy Class 11?
Your NCERT textbook is the primary resource.
Use recommended reference books by CBSE or other reputed publishers.
Utilise online resources like tutorials, video lectures, and practice problems.
8. How can I improve my problem-solving skills in Accountancy?
Practise regularly with problems from your textbook, reference books, and mock exams.
Focus on understanding the concepts behind each problem before applying formulas.
Join a study group or seek help from your teacher for clarification on challenging problems.
9. What is the weightage of theory and practical questions in the Class 11 Accountancy exam?
The exam focuses more on the application of knowledge than pure theory. While there will be theoretical questions, a significant portion will involve solving problems based on the concepts learned.
10. What are some effective ways to memorise accounting terms and concepts for Class 11 Accountancy?
Use schematic representation, flashcards, or mind maps to remember key terms and definitions.
Practise explaining concepts in your own words to solidify your understanding.
Relate accounting concepts to real-life examples for better retention.
11. How important is time management during the Class 11 Accountancy exam?
Time management is crucial. Practice solving problems within the stipulated time for each section to avoid last-minute rushes.
