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Class 11 Accountancy Syllabus

Accountancy Syllabus For Class 11

Accountancy is a systematic procedure of recognizing, documenting, calculating, categorising, substantiating, summarizing, elucidating and liaising financial data. It divulges profit or loss for a given period of time and nature and value of a firm’s assets, liabilities and owner’s’ equity. Class 11 Accountancy furnishes a broad degree of concepts and introduction to the subject which incorporates all the questions provided in the chapters provided in the Accountancy syllabus.

Accountancy or Accounting is a structure that is meant for measuring trade pursuits, actioning of data into reports and making the findings obtainable to the decision-makers. The documents, which collaborate these findings about the procurement of an establishment in monetary terms, are called financial statements. Accounting is elucidated as a ‘Business Language’.

Accounting assists the establishment to be able to fix the financial position of the business. With all accounting pursuits, the ultimate report furnished assists the management to be aware of the business position so they can be able to know which direction they are heading towards. Accountancy helps in taking significant economic decisions by scrutinizing the past performance. A certificate or diploma in accounting and finance helps the students learn such skills that are helpful in different industries. Accountancy syllabus for class 11, chapter wise is given below.

Chapters

Name of the Chapters

Chapter 1

Introduction to Accounting

Chapter 2

Theory Base of Accounting

Chapter 3

Recording of Transactions – 1

Chapter 4

Recording of Transactions – 2

Chapter 5

Bank Reconciliation statement

Chapter 6

Trial Balance and Rectification of Errors

Chapter 7

Depreciation, Provisions and Reserves

Chapter 8

Bills of Exchange

Chapter 9

Financial Statements – 1

Chapter 10

Financial Statements – 2

Chapter 11

Accounts of Incomplete Records

Chapter 12

Applications of Computers in Accounting

Chapter 13

Computerised Accounting System

Chapter 14

Structuring Database for Accounting

Chapter 15

Accounting System Using Database Management System

The above mentioned is the syllabus for class 11 Accountancy. To know more, stay tuned to BYJU’S for more information on Accountancy for class 11, previous years question papers, important questions, exam pattern, sample papers and more.