Theory Base of Accounting
- Accounting Standards: Need, Benefits, Limitations and Applicability
- IFRS (International Financial Reporting Standards) and GAAP (Generally Accepted Accounting Principles)
- Difference between Cash Basis and Accrual Basis of Accounting
- Basic Accounting Concepts
- Business Entity Concept
- Money Measurement Concept
- Going Concern Concept
- Accounting Period Concept
- Cost Concept of Accounting
- Dual Concept of Accounting
- Revenue Recognition Concept
- Full Disclosure Concept
- Consistency Concept
- Conservatism Concept
- Objectivity Concept
- Systems and Basis of Accounting | Single and Double Entry System
Accountancy
Accountancy is the process of measuring, processing and recording an organization’s financial and non-financial statements. It has a wider scope than Accounting as it is the route to the Accounting process. Accountancy is responsible for prescribing the accounting conventions, principles, and techniques to be followed by an organization during the accounting process. The nature of Accounting is dynamic and analytical and hence, requires special abilities and skills in an individual to interpret the information better and effectively.
Table of Content
- Introduction to Accounting
- Theory Base of Accounting
- Recording of Business Transactions
- Bank Reconciliation Statement
- Depreciation, Provisions, and Reserves
- Trial Balance and Rectification of Errors
- Bills of Exchange
- Financial Statements
- Accounting for Partnership: Basic Concepts
- Reconstitution of a Partnership Firm: Change in Profit Sharing Ratio
- Reconstitution of a Partnership Firm: Admission of a Partner
- Reconstitution of a Partnership Firm: Retirement or Death of a Partner
- Dissolution of Partnership Firm
- Accounting for Share Capital
- Issue and Redemption of Debentures
- Financial Statements of a Company
- Analysis of Financial Statements
- Accounting Ratios
- Cash Flow Statement
- Overview of Computerised Accounting System
- Accounting Application of Electronic Spreadsheet
- Using Computerised Accounting System
- CBSE Class 12 Previous Year Papers
- Accounting for Non-for-Profit Organization (Not in Current CBSE Syllabus for 2024-2025)
- Accountancy Notes for CBSE Class 11th
- Accountancy Notes for CBSE Class 12th