Class 11 Accounts Syllabus for CBSE 2025 Exams | PDF Download

Latest CBSE 2024-25 Accountancy Syllabus for Class 11

Accountancy is an important and complex subject. Commerce students have the same feeling about accounting as science students have about physics. Accounting is not just about numbers; it is about learning how to interpret large amounts of data and how businesses carry the data.

You get to know every single step, understand how businesses grow, and make smart decisions based on the numbers. You will learn how to create balance sheets, income statements, and cash flow. 

To excel in the Class 11 accounts exam, it is very important to have an understanding of the Class 11 accounts syllabus. The accounting syllabus for class 11 includes topics such as theoretical frameworks and financial statements of sole proprietorships. Let us get a deeper view of the accounting syllabus for class 11.

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2024-25 Class 11 Accountancy Syllabus

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‍2023-24 Class 11 Accountancy Syllabus

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(for reference purposes only)

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Deleted Topics of Class 11 Accountancy syllabus

CBSE has reduced the class 11 syllabus of accounts, let us look at what has been deleted:

Part A: Financial Accounting I

Unit 2: Accounting Process

Accounting for Bills of Exchange, Bill of Exchange and Promissory Note, Definition, Specimen, Features, Parties, The difference between a bill of exchange and a promissory note, terms in a bill of exchange, Term of Bill, Accommodation Bill (Concept), Days of Grace, Date of Maturity, Discounting of Bill, Endorsement of Bill, Bill after the Due Date, Negotiation, Bill Sent for a Collection, Dishonour of Bill, and Accounting Treatment. These topics have been deleted from the syllabus.

Part B: Financial Accounting II

Unit 3:Incomplete Records 

The difference between accounts from incomplete records and a statement of affairs Preparation of the trading, profit and loss accounts, and balance sheet. 

Overview of Class 11 Accounts Syllabus

The class 11 accounts syllabus contains two parts and is divided into three units, Here is a detailed view of the syllabus:

Part A: Financial Accounting I (56 Marks)

Part A carries 56 marks weightage and includes two units:

Unit 1: Theoretical Framework (12 marks)

Unit 1 includes two sub-topics:

• Introduction to Accounting: It includes Accounting: concept, meaning, source of information, objectives, advantages and limitations, types of accounting information, and Basic Accounting Terms: Entity, Business Transaction, Capital, and Drawings. Liabilities (non-current and current) The non-current and current assets include capital and revenue expenditures, expenses, income, profit, gain, loss, purchases, sales, goods, stock, debtors, creditors, vouchers, and discounts.

• Theory Base of Accounting: Fundamental Accounting Assumptions: GAAP: Concept, Basic Accounting Concept: Business Entity, Materiality and Objectivity, System of Accounting. Basis of Accounting: cash basis and accrual basis; Accounting Standards: The applicability of Accounting Standards (AS), Indian Accounting Standards (IndAS), and Goods and Services Tax (GST) are included in this. 

Unit 2: Accounting Process (44 marks)

Unit two includes four sub-topics, that are: 

• Recording of Business Transactions: Vouchers 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, Purchases Book, Sales Book, Purchases Return Book, Sales Return Book, and Journal Proper.

• Bank Reconciliation Statement: Need and preparation of the bank reconciliation statement are included in this.
• Depreciation, Provisions, and Reserves: Depreciation: meaning, features, need, causes, factors, Other similar terms: Depletion and amortization, Methods of depreciation: Straight Line Method (SLM), Written Down Value Method (WDV), Difference between SLM and WDV, Advantages of SLM and WDV, Method of recoding depreciation, Charging an asset account, Creating provision for depreciation/accumulated depreciation account treatment of disposal of assets, Provisions, Reserves, Difference Between Provisions and Reserves, Types of Reserves.
• Trial balance and rectification of errors: trial balance, objectives, meaning and preparation, errors, detection and rectification of errors, and preparation of a suspense account. 

Part B: Financial Accounting II (24 marks)

Unit 3: Financial Statements of Sole Proprietorship 

Unit 3 includes Two sub-topics:

• Financial Statements: This includes meaning, objectives, and importance; revenue and capital receipts; revenue and capital expenditure; and 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, etc. 
• Incomplete records: features, reasons, and limitations. Ascertainment of Profit or Loss by the Statement of Affairs Method (excluding the conversion method).

Part C: Project Work (20 marks)

Project work includes making a project on topics that are given below:

• Collection of source documents, preparation of vouchers, and recording of transactions with the help of vouchers. 
• Preparation of the bank reconciliation statement with the given cash book and the passbook with twenty to twenty-five transactions. 
• Comprehensive project for any sole proprietorship business. This may be stated with journal entries, their ledgering, and and the preparation of the trial balance. Trading and Profit and Loss Account and Balance Sheet. Expenses, incomes, profit (loss), assets, and liabilities are to be depicted using a pie chart or bar diagram. This may include simple GST-related transactions.

Study Tips to Excel CBSE Class 11 Accounts

Studying accounts can be challenging, but with the right approach, students can excel in this subject. Here are some tips for effective study:

• Focus on understanding the fundamental concepts thoroughly; this helps in applying the concepts to numerous problems.
• Accounting involves a lot of practical work. Regular practice of problems and exercises is important to gain proficiency. 
• Use multiple resources. While the NCERT book is primary, using supplementary books can provide a better understanding of the complex concepts.
• Use the teach-back method and explain topics to your friends for better retention of the learning.
• Incorporate short breaks while studying. You can also implement the Pomodoro technique while making your study schedule. 
• Regularly Solve the CBSE Class 11 Accounts Sample Paper to familiarise yourself with the types of questions that may appear in the exam, and it also helps in analysing your preparation.
• Practising with sample papers and taking mock tests will help you find the weaker areas so that you can work on them. 

The Class 11  accounting syllabus is equipped with essential topics that every student should know. Using additional resources, study tips, and understanding the syllabus will help you excel in the CBSE Class 11 Accounts Board exam.