ACCOUNT’S 11th CLASS

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About Course

📘 Course Title: Accountancy – Class 11 (CBSE/NCERT Aligned)

Course Description:

This comprehensive Class 11 Accountancy course is designed in alignment with the latest NCERT syllabus and CBSE curriculum. It introduces students to the fundamental concepts, objectives, principles, and practices of accounting. The course begins with a detailed understanding of the nature and purpose of accounting, tracing its historical development and growing role in modern businesses. Students explore the systematic process of recording, classifying, summarizing, and communicating financial information, while also learning about the needs of various users—both internal and external—of accounting data.

Key topics include:

  • Meaning, need, and objectives of accounting

  • Accounting as an information system

  • Users of accounting information

  • Basic accounting terms and principles

  • Qualitative characteristics of financial information

  • Fundamental accounting assumptions and concepts like Going Concern, Matching, Consistency, and Conservatism

  • Types of accounting: Financial, Cost, and Management Accounting

 

This course not only equips students with strong theoretical knowledge but also lays the foundation for practical application in bookkeeping, financial reporting, and decision-making. Ideal for commerce students, it helps develop analytical thinking and prepares them for future studies in business, finance, and economics.

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What Will You Learn?

  • 🎯 What Will I Learn?
  • By the end of this course, students will be able to:
  • Understand the meaning, scope, and need of accounting.
  • Explain accounting as an information system.
  • Identify internal and external users of accounting information.
  • Describe the objectives and roles of accounting.
  • Grasp the basic accounting terms like assets, liabilities, capital, revenue, expenses, profit, loss, etc.
  • Appreciate the qualitative characteristics of accounting information: relevance, reliability, comparability, and understandability.

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