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Accountancy Commerce (English Medium) Class 11 CBSE Syllabus 2026-27

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CBSE Class 11 Accountancy Syllabus - Free PDF Download

CBSE Syllabus 2026-27 Class 11: The CBSE Class 11 Accountancy Syllabus for the examination year 2026-27 has been released by the Central Board of Secondary Education, CBSE. The board will hold the final examination at the end of the year following the annual assessment scheme, which has led to the release of the syllabus. The 2026-27 CBSE Class 11 Accountancy Board Exam will entirely be based on the most recent syllabus. Therefore, students must thoroughly understand the new CBSE syllabus to prepare for their annual exam properly.

The detailed CBSE Class 11 Accountancy Syllabus for 2026-27 is below.

Academic year:
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Syllabus

1: Financial Accounting

CBSE Class 11 Accountancy Syllabus
1 Introduction to Accounting
  • Accounting  
    • Introduction
    • Definition: Accounting
    • Flowchart Showing Evolution of Accounting
    • Stages of Evolution
    • Real-Life Examples for Each Stage
    • Key Takeaways
  • Accounting as a Source of Information  
    • Qualitative Characteristics of Accounting Information
  • Objectives of Accounting  
    • Maintenance of Records of Business Transactions
    • Calculation of Profit and Loss
    • Depiction of Financial Position
    • Providing Accounting Information to its Users
  • Role of Accounting  
  • Basic Terms in Accounting  
    • Need to Know
    • Chart Showing Basic Accounting Terms
2 Theory Base of Accounting
  • Introduction of Theory Base of Accounting  
  • Generally Accepted Accounting Principles  
  • Accounting Concepts  
    • Introduction
    • Importance
    • Real-Life Examples
  • Systems of Accounting  
  • Accounting Standards  
    • Introduction
    • Definition: Accounting Standards 
    • International Financial Reporting Standards (IFRS)
    • Examples of IFRS
    • Accounting Standards in India
    • How Accounting Standards in India Are Made
    • AS vs. Ind AS vs. IFRS
    • Explanation of Certain AS
    • Examples of Accounting Standards in India
    • Key Takeaways
  • Basis (Methods) of Accounting System  
    • Introduction
    • Methods
    • Real-Life Examples
    • Key Takeaways
3 Recording of Transactions - I
  • Recording of Transactions 1  
  • Business Transactions and Source Document  
    • Preparation of Accounting Vouchers
  • Accounting Equation  
    • Definition: Accounting Equation
    • Formula: Accounting Equation
    • Origin of the Accounting Equation
    • Examples
  • Books of Original Entry  
    • Journal
    • Format and
  • Understanding the Ledger  
    • Importance of Ledger
    • Formats of Ledger
    • Example: Recording a Transaction in Ledger
    • Definition: Computerised Ledger Software
    • Manual Ledger vs. Computerised Ledger
    • Tally—An Example of Accounting Software
    • Key Takeaways
    • Posting  
      • Definition: Posting
      • Process of Posting
      • Examples: Posting from Journal
      • Example: Posting from Cash Book and Petty Cash Book
      • Example: Posting from Purchase Book and Sales Book
      • Example: Posting from Purchase Return Book and Sales Return Book
      • Example: Posting from Journal Proper
4 Recording of Transactions - II
  • Recording of Transactions 2  
  • Cash Book  
    • Definition: Cash Book
    • Features
    • Purpose
    • Types
    • Key Takeaways
  • Purchase Book  
    • Definition: Purchase Book
    • Other Names of Purchase Book Explained
    • Format and Contents
    • Example: Recording Transactions in Purchase Book
  • Purchase Return Book  
    • Definition: Purchase Return Book
    • Definition: Debit Note
    • Purchase Return Book: Format and Contents
    • Sample Debit Note, with Contents
    • Definition: Credit Note
    • Process of Purchase Return
    • Debit and Credit Notes: Names Explained
    • Example: Recording Transactions in Purchase Return Book
    • Key Takeaways
  • Sales Book  
    • Definition: Sales Book
    • Other Names of Sales Book Explained
    • Format and Contents
    • Example: Recording Transactions in Sales Book
  • Sales Return Book  
    • Definition: Sales Return Book
    • Process of Sales Return
    • Format and Contents
    • Example: Recording Transactions in Sales Return Book
  • Journal Proper  
    • Definition: Journal Proper
    • Comparison with Journal
    • Entries Recorded in Journal Proper
    • Example: Recording Transactions in Journal Proper
  • Understanding the Ledger  
    • Balancing of Ledger Accounts  
      • Definition: Balancing of A Ledger Account
      • Process of Balancing
      • Balance B/d vs. Balance C/d
      • Examples: Balance B/d vs. Balance C/d
      • Example: Process of Balancing
      • Understanding Debit and Credit Balances
      • Types of Accounts and Their Balances
      • Key Takeaways
5 Bank Reconciliation Statement
  • Bank Reconciliation Statement(BRS)  
    • Definition: Bank Reconciliation Statement (BRS)
    • Difference between "Debit" and "Credit" Systems of the Bank and Businesses
    • Example: Difference between "Debit" and "Credit" Systems of the Bank and Businesses
    • Example : Understanding the Concept of BRS
    • Need for BRS
    • Key Takeaways
  • Preparation of BRS  
    • Steps to Prepare BRS
    • Tips for Adding and Subtracting
    • Introduction to the Rule of Plus and Minus in BRS
    • Reasons for Balance Mismatch between Cashbook and Passbook & Their Effects
    • Real-life Example
6 Trial Balance and Rectification of Errors
  • Trial Balance and Rectification of Errors  
  • Trial Balance  
    • Definition: Trial Balance
    • Advantages and Disadvantages, with Examples
    • Types
    • Methods of Preparation
    • Steps to Prepare Trial Balance
    • Example: Preparation of Trial Balance
    • Road to Trial Balance
    • Key Takeaways
  • Significance of Agreement of Trial Balance  
    • Classification of Errors
    • Errors of Commission
    • Errors of Omission
    • Errors of Principle
    • Compensating Errors
  • Detection and Rectification of Errors  
    • Definition: Rectification of Accounting Errors
    • Methods of Rectification
    • Definition: Rectifying Entry
    • Formula for Rectifying Entry
    • Example: Rectifying Entry
    • Examples: Rectification of Errors
    • Key Takeaways
7 Depreciation, Provisions and Reserves
  • Concept of Depreciation  
    • Introduction
    • Definition: Depreciation
    • Origin and Meaning of the Word “Depreciation”
    • Exceptions to Depreciation
    • Causes of Depreciation
    • Examples: Causes of Depreciation
    • Importance of Charging Depreciation
    • Examples: Importance of Charging Depreciation
    • Conditions for Charging Depreciation
    • Depreciation vs. Provisions vs. Reserves
    • Examples: Depreciation vs. Provisions vs. Reserves
    • Key Takeaways
  • Fixed Instalment Method vs. Written Down Value Method  
    • Comparison
  • Methods of Depreciation  
    • Introduction
    • Comparison of Depreciation Methods
    • Suitability of Methods
  • Disposal of Asset  
    • Use of Asset Disposal Account
  • Effect of Any Addition Or Extension to the Existing Asset  
  • Provisions and Reserves  
    • Meaning
    • Difference Between Provisions and Reserves
    • Examples
  • Reserves  
    • Difference between Reserve and Provision
    • Types of Reserves
    • Difference between Revenue and Capital Reserve
    • Importance of Reserves
  • Types of Reserves-Secret Reserves  
8 Bill of Exchange
9 Financial Statements - I
  • Stakeholders and Their Information Requirements  
  • Distinction Between Capital and Revenue Receipts  
    • Expenditure
    • Receipts
    • Importance of Distinction between Capital and Revenue
  • Concept of Financial Statements  
    • Introduction
    • Definition: Financial Statement
    • Objectives
    • Characteristics
    • Nature
    • Essentials of Financial Statements
    • Uses and Importance
    • Limitations
  • Final Accounts : Proprietary Concern  
    • Profit and Loss Account  
      • Definition: Profit and Loss Account
      • Comparison with Trading Account
      • Format and Contents
      • Reason for Deduction of Old RDD from Bad Debts
      • Wages & Salaries vs. Salaries & Wages
      • Gross Profit/Loss vs. Net Profit/Loss
      • Journal Entries for Preparing Profit and Loss Account
      • Real-Life Example
      • Key Takeaways
    • Balance Sheet  
      • Definition: Balance Sheet
      • Key Features and Rules
      • Format and Contents
      • Journal Entries for Preparing Balance Sheet
      • Definition: Adjustments in Final Accounts
      • Features of Adjustments in Final Accounts
      • Important Adjustments: Final Accounts of a Proprietary Concern
      • Key Takeaways
  • Operating Profit (EBIT)  
  • Opening Entry  
10 Financial Statements - II
  • Final Accounts : Proprietary Concern  
    • Balance Sheet  
      • Definition: Balance Sheet
      • Key Features and Rules
      • Format and Contents
      • Journal Entries for Preparing Balance Sheet
      • Definition: Adjustments in Final Accounts
      • Features of Adjustments in Final Accounts
      • Important Adjustments: Final Accounts of a Proprietary Concern
      • Key Takeaways
  • Provision for Bad and Doubtful Debts  
  • Manager's Commission  
  • Distribution of Profit Among Partners  
11 Accounts from Incomplete Records
  • Meaning of Incomplete Records  
    • Features of Incomplete Records
  • Reasons of Incompleteness and Its Limitations  
  • Ascertainment of Profit or Loss by Statement of Affairs Method  
    • Preparing Statement of Affairs
    • Difference between Statement of Affairs and Balance Sheet
12 Applications of Computers in Accounting
  • Meaning and Elements of Computer System  
    • Hardware
    • Software
    • People.
    • Procedures
    • Data
    • Connectivity
  • Capabilities of Computer System  
  • Limitations of a Computer System  
  • Evolution of Computerised Accounting  
    • Information and Decisions
    • Transaction Processing System
  • Computerized Accounting System (CAS)  
    • Meaning
    • Features
    • Importance
    • Components  
    • Creation of Accounting Documents
  • Management Information System and Accounting Information System  
    • Designing of Accounting Reports
    • Data Interface between the Information System
13 Computerised Accounting System

2: Financial Accounting 1

CBSE Class 11 Accountancy Syllabus
1.01 Theoretical Frame Work
  • Qualitative Characteristics of Accounting Information  
    • Introduction
    • Qualitative Characteristics 
    • Chart Showing Qualitative Characteristics 
    • Real-Life Examples
    • Key Takeaways
  • Basic Terms in Accounting  
    • Need to Know
    • Chart Showing Basic Accounting Terms
  • Credit Transactions  
    • Introduction
    • Significance
    • Negotiable Instruments
  • Goods  
  • Profit  
    • Meaning of Profit
    • Kinds of Profit
    • Concepts of Profit
  • Loss  
  • Difference Between Profit and Income  
  • Non-current and Current Asset  
  • Fixed Assets  
  • Journal Entries > Recording Discount in Journal  
    • Definition: Discount
    • Types of Discount
    • Examples
  • Stock  
  • Accounting  
    • Introduction
    • Definition: Accounting
    • Flowchart Showing Evolution of Accounting
    • Stages of Evolution
    • Real-Life Examples for Each Stage
    • Key Takeaways
  • Advantages and Limitations of Accounting  
  • Accounting Information Types and Needs  
  • Inventory  
  • Accounting Standards  
    • Introduction
    • Definition: Accounting Standards 
    • International Financial Reporting Standards (IFRS)
    • Examples of IFRS
    • Accounting Standards in India
    • How Accounting Standards in India Are Made
    • AS vs. Ind AS vs. IFRS
    • Explanation of Certain AS
    • Examples of Accounting Standards in India
    • Key Takeaways
  • Methods of Recording Accounting Information  
    • Book-Keeping Systems
    • Comparison between Book-Keeping Systems
  • Core Accounting Concepts  
    • Explanation of Concepts
    • Real-Life Examples
  • Purchases  
  • Purchases Returns  
  • Sales  
  • Sales Return  
  • Revenue and Deferred Revenue Expenditure  
    • Features of deferred revenue expenditure
1.02 Accounting Process
  • Cash Memo  
  • Types of Accounting Documents  
    • Cheque  
      • Definition: Cheque
      • Definition: Chequebook
      • Parties to a Cheque
      • Sample Cheque
      • Contents of Cheque
      • Advantages vs. Disadvantages
      • Real-Life Example
      • Journey of a Cheque
      • Example: Journey of Cheque
      • Definition: Bouncing of Cheque
      • Common Reasons for Cheque Bouncing
      • Effects of Cheque Bouncing
      • Tips for Writing a Cheque
      • Key Takeaways
    • Voucher  
      • Definition: Voucher
      • Types of Vouchers
      • Important Points Regarding Voucher Types
      • Examples for Each Voucher Type
      • Importance of Vouchers
      • Information Given by a Voucher
      • How to Prepare a Voucher
      • Key Takeaways
  • Cash Book  
    • Definition: Cash Book
    • Features
    • Purpose
    • Types
    • Key Takeaways
  • Cash Book > Simple Cash Book (Single Column Cash Book)  
    • Definition: Simple Cash Book
    • Features
    • Format, Contents and Rules
    • Example: Recording Transactions in Simple Cash Book
    • Key Takeaways
  • Cash Book > Petty Cash Book  
    • Definition: Petty Cash Book
    • Need to Maintain
    • Definition: Petty Cashier
    • Responsibilities of Petty Cashier
    • Types of Petty Cash Book
  • Purchase Book  
    • Definition: Purchase Book
    • Other Names of Purchase Book Explained
    • Format and Contents
    • Example: Recording Transactions in Purchase Book
  • Sales Book  
    • Definition: Sales Book
    • Other Names of Sales Book Explained
    • Format and Contents
    • Example: Recording Transactions in Sales Book
  • Purchase Return Book  
    • Definition: Purchase Return Book
    • Definition: Debit Note
    • Purchase Return Book: Format and Contents
    • Sample Debit Note, with Contents
    • Definition: Credit Note
    • Process of Purchase Return
    • Debit and Credit Notes: Names Explained
    • Example: Recording Transactions in Purchase Return Book
    • Key Takeaways
  • Sales Return Book  
    • Definition: Sales Return Book
    • Process of Sales Return
    • Format and Contents
    • Example: Recording Transactions in Sales Return Book
  • Journal Proper  
    • Definition: Journal Proper
    • Comparison with Journal
    • Entries Recorded in Journal Proper
    • Example: Recording Transactions in Journal Proper
  • Accounting Equation  
    • Definition: Accounting Equation
    • Formula: Accounting Equation
    • Origin of the Accounting Equation
    • Examples
  • Debit,Credit and Golden Rules  
    • Introduction: Debit and Credit
    • Introduction: Golden Rules of Debit and Credit
    • Introduction: Traditional Approach
    • Staircase Diagram: Golden Rules of Debit and Credit
    • Examples
    • Key Takeaways
  • Origin of Transactions  
  • Books of Original Entry  
    • Journal
    • Format and
  • Understanding the Ledger  
    • Importance of Ledger
    • Formats of Ledger
    • Example: Recording a Transaction in Ledger
    • Definition: Computerised Ledger Software
    • Manual Ledger vs. Computerised Ledger
    • Tally—An Example of Accounting Software
    • Key Takeaways
    • Balancing of Ledger Accounts  
      • Definition: Balancing of A Ledger Account
      • Process of Balancing
      • Balance B/d vs. Balance C/d
      • Examples: Balance B/d vs. Balance C/d
      • Example: Process of Balancing
      • Understanding Debit and Credit Balances
      • Types of Accounts and Their Balances
      • Key Takeaways
    • Posting  
      • Definition: Posting
      • Process of Posting
      • Examples: Posting from Journal
      • Example: Posting from Cash Book and Petty Cash Book
      • Example: Posting from Purchase Book and Sales Book
      • Example: Posting from Purchase Return Book and Sales Return Book
      • Example: Posting from Journal Proper
  • Bank Reconciliation Statement(BRS)  
    • Definition: Bank Reconciliation Statement (BRS)
    • Difference between "Debit" and "Credit" Systems of the Bank and Businesses
    • Example: Difference between "Debit" and "Credit" Systems of the Bank and Businesses
    • Example : Understanding the Concept of BRS
    • Need for BRS
    • Key Takeaways
  • Preparation of BRS  
    • Steps to Prepare BRS
    • Tips for Adding and Subtracting
    • Introduction to the Rule of Plus and Minus in BRS
    • Reasons for Balance Mismatch between Cashbook and Passbook & Their Effects
    • Real-life Example
  • Calculating Bank Balance at an Accounting Date  
  • Corrected Cash Book Balanced  
  • Trial Balance  
    • Definition: Trial Balance
    • Advantages and Disadvantages, with Examples
    • Types
    • Methods of Preparation
    • Steps to Prepare Trial Balance
    • Example: Preparation of Trial Balance
    • Road to Trial Balance
    • Key Takeaways
  • Preparation of the Trial Balance by the Balance Method  
  • Errors in Accounting  
    • Introduction
    • Definition: Errors in Accounting
    • Definition: Rectification of Accounting Errors
    • Need for Rectification of Accounting Errors
    • Reasons for Accounting Errors
    • Key Takeaways
    • Types of Errors  
      • Overview
      • Examples: Errors of Omission
      • Examples: Errors of Commission
      • Examples: Errors of Principle
      • Examples: Compensating Errors
      • One-Sided Errors vs. Two-Sided Errors
      • Classification of One-Sided and Two-Sided Errors
      • Key Takeaways
  • Suspense Account  
    • Definition: Suspense Account
    • Importance
    • Situations Requiring a Suspense Account
    • Rules and Facts Regarding Suspense Account
    • Real-life Analogy
    • Example: Opening Suspense Account
    • Process of Closing Suspense Account
    • Key Takeaways
  • Detection and Rectification of Errors  
    • Definition: Rectification of Accounting Errors
    • Methods of Rectification
    • Definition: Rectifying Entry
    • Formula for Rectifying Entry
    • Example: Rectifying Entry
    • Examples: Rectification of Errors
    • Key Takeaways
  • Concept of Depreciation  
    • Introduction
    • Definition: Depreciation
    • Origin and Meaning of the Word “Depreciation”
    • Exceptions to Depreciation
    • Causes of Depreciation
    • Examples: Causes of Depreciation
    • Importance of Charging Depreciation
    • Examples: Importance of Charging Depreciation
    • Conditions for Charging Depreciation
    • Depreciation vs. Provisions vs. Reserves
    • Examples: Depreciation vs. Provisions vs. Reserves
    • Key Takeaways
  • Methods of Depreciation  
    • Fixed Instalment Method  
      • Definition: Fixed Instalment Method
      • Overview
      • Advantages and Disadvantages
      • Formula: When Scrap Value is Given
      • Example: When Scrap Value is Given
      • Formula: When Rate of Depreciation is Given
      • Example: When Rate of Depreciation is Given
      • Key Takeaways
    • Written Down Value Method  
      • Definition: Written Down Value (WDV) Method
      • Overview
      • Formula
      • Advantages and Disadvantages
      • Real-life Example
      • Comparison with Fixed Instalment Method
      • Key Takeaways
  • Accounting Treatment under Fixed Instalment and Written Down Value Methods  
    • Life Cycle of a Depreciable Asset
    • Journal Entries: In the Year of Purchase
    • Journal Entries: Second Year Onwards
    • Journal Entries: During the Year of Sale
    • Example under SLM Method: Purchase of Asset and Depreciation on the Same
    • Example under SLM Method: Partial Sale and Depreciation on Remaining Asset
    • Example under WDV Method : Purchase of Asset and Depreciation for First 2 Years
    • Example under WDV Method: Partial Sale and Depreciation of Remaining Asset
    • Key Takeaways
  • Accounting Treatment of Depreciation-By Creating Provision for Depreciation  
  • Accounting Treatment of Depreciation-Accumulated Depreciation Account  
  • Retirement of Bill under Rebate  
    • Introduction
    • Accounting Treatment in the Books of Drawer and Drawee
  • Accounting Treatment of Depreciation-Treatment of Disposal of Asset  
  • Promissory Note  
    • Introduction
    • Parties to a Promissory Note
    • Format of Promissory Note
  • Provisions and Reserves  
    • Meaning
    • Difference Between Provisions and Reserves
    • Examples
  • Concept of Bills of Exchange  
    • Introduction
    • Definition: Bills of Exchange
    • Features
    • Parties to a Bill Exchange
    • Types
    • Contents of Format of Bill of Exchange
    • Specimen
  • Accounting Treatment> Discounting the Bill of Exchange  
    • Introduction
    • Formula: Discount
    • Example
    • Accounting Treatment in the Books of Drawer and Drawee
    • Example
  • Types of Reserves-Revenue Reserve  
  • Accounting Treatment> Endorsement of Bill of Exchanges  
    • Introduction
    • Accounting Treatment in the Books of Drawer, Drawee and Endorsee
    • Example
  • Types of Reserves-Capital Reserve  
  • Accounting Treatment > Bills Sent to Bank for Collection  
    • Introduction
    • Accounting Treatment in the Books of Drawer and Drawee
    • Example
  • Types of Reserves-General Reserve  
  • Honouring and Dishonouring of Bill of Exchange  
  • Types of Reserves-Specific Reserves  
  • Renewal Bill of Exchange  
    • Introduction
    • Steps
    • Accounting Treatment in the Books of Drawer and Drawee
    • Alternate Accounting Treatment (When interest paid in cash immediately)
  • Accounting Treatment of Bill Transactions  

3: Financial Accounting 2

CBSE Class 11 Accountancy Syllabus
2.01 Financial Statements of Sole Proprietorship: from Complete and Incomplete Records
  • Concept of Financial Statements  
    • Introduction
    • Definition: Financial Statement
    • Objectives
    • Characteristics
    • Nature
    • Essentials of Financial Statements
    • Uses and Importance
    • Limitations
  • Final Accounts : Proprietary Concern  
    • Trading Account  
      • Definition: Trading Account
      • Format and Contents
      • Nature and Working of Trading Account
      • Journal Entries for Preparing Trading Account
      • Real-Life Example
      • Key Takeaways
    • Profit and Loss Account  
      • Definition: Profit and Loss Account
      • Comparison with Trading Account
      • Format and Contents
      • Reason for Deduction of Old RDD from Bad Debts
      • Wages & Salaries vs. Salaries & Wages
      • Gross Profit/Loss vs. Net Profit/Loss
      • Journal Entries for Preparing Profit and Loss Account
      • Real-Life Example
      • Key Takeaways
    • Balance Sheet  
      • Definition: Balance Sheet
      • Key Features and Rules
      • Format and Contents
      • Journal Entries for Preparing Balance Sheet
      • Definition: Adjustments in Final Accounts
      • Features of Adjustments in Final Accounts
      • Important Adjustments: Final Accounts of a Proprietary Concern
      • Key Takeaways
  • Gross Profit  
  • Effects of Adjustments-Goods Distributed as Free Sample  
  • Adjustments of Financial Statements - Abnormal Loss  
  • Adjustments of Financial Statements - Goods Distributed as Free Samples and Manager's Commission  
  • Incomplete Records  
  • Ascertainment of Profit or Loss by Statement of Affairs Method  
    • Preparing Statement of Affairs
    • Difference between Statement of Affairs and Balance Sheet
  • Marshalling of a Balance Sheet Or Assets and Liabilities  
2.02 Financial Statements of Not-for-profit Organizations
2.03 Computers in Accounting
  • Introduction to Operating Software, Utility Software and Application Software  
  • Introduction to Accounting Information System (AIS) as a Part of MIS  
  • Stages in Automation - Accounting Process in a Computerised Environment  
  • Computerized Accounting System (CAS)  
    • Meaning
    • Features
    • Importance
    • Components  
    • Creation of Accounting Documents
  • Accounting Software  
  • Stages in Automation - Creation of Account Groups and Hierarchy  
  • Stages in Automation - Generation of Reports - Trial Balance, Profit and Loss Account and Balance Sheet  

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