[CBSE] Accounts syllabus class 11 (2026-27)
Looking for syllabus of Accountancy class 11 CBSE Board for 2026-27 session.
We have summed up the syllabus in detail.
CBSE class 11 Accountancy syllabus for 2026-27
Theory 80 Marks – Time 3 Hours
Project 20 Marks
| Units | Marks | |
| Part – A | Financial Accounting – I | |
| Unit – I Theoretical Framework 1. Introduction to Accounting 2. Theory Base of Accounting | 12 | |
| Unit – 2 Accounting Process 1. Recording of Business Transactions 2. Bank Reconciliation Statement 3. Depreciation, Provisions, and Reserves 4. Accounting for Bills of Exchange 5. Trial balances and Rectification of Errors | 44 | |
| Part – B | Financial Accounting – II | |
| Unit-3: Financial Statements of Sole Proprietorship from Complete and Incomplete Records | 24 | |
| Part – C | Project Work | 20 |
| Total | 100 |
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| Accounts class 11 Syllabus PDF (2026-27) | Click Here |
PART A: FINANCIAL ACCOUNTING – I
Unit-1: Theoretical FrameWork
Introduction to Accounting
Accounting- concept, objectives, advantages and limitations, types of accounting
information; users of accounting information and their needs. Qualitative Characteristics of Accounting Information. Role of Accounting in Business.
Basic Accounting Terms- Business Transaction, Capital, Drawings. Liabilities (Non-Current and Current). Assets (Non-Current, Current); Fixed assets (Tangible and
Intangible), Expenditure (Capital and Revenue), Expense, Income, Profit, Gain,
Loss, Purchase, Sales, Goods, Stock, Debtor, Creditor, Voucher, Discount (Trade
discount and Cash Discount)
Theory Base of Accounting
Fundamental accounting assumptions:
GAAP: Concept
Business Entity, Money Measurement, Going Concern, Accounting Period, Cost Concept, Dual Aspect, Revenue Recognition, Matching, Full Disclosure, Consistency,
Conservatism, Materiality, and Objectivity
System of Accounting. Basis of Accounting: cash basis and accrual basis
Accounting Standards: Applicability in IndAS
Goods and Services Tax (GST): Characteristics and Objective.
Unit-2: Accounting Process
Recording of Business Transactions
Voucher 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:
Cash Book: Simple, cash book with bank column and petty cashbook
Purchases book
Sales book
Purchases return book
Sales return book
Note: Including trade discount, freight and cartage expenses for simple GST calculation.
Ledger: Format, Posting from journal and subsidiary books, Balancing of accounts.
Bank Reconciliation Statement:
Need and preparation, Bank Reconciliation Statement with Adjusted Cash Book
Depreciation, Provisions, and Reserves
Depreciation: Concept, Features, Causes, factors
Other similar terms: Depletion and Amortisation
Methods of Depreciation:
i. Straight Line Method (SLM)
ii. Written Down Value Method (WDV)
Note: Excluding change of method
Difference between SLM and WDV; Advantages of SLM and WDV
Accounting treatment of depreciation
i. Charging to an asset account
ii. Creating provision for depreciation/accumulated depreciation account
iii. Treatment for disposal of the asset
Provisions and Reserves: Difference
Types of Reserves:
i. Revenue reserve
ii. Capital reserve
iii. General reserve
iv. Specific reserve
v. Secret Reserve
Difference between capital and revenue reserve
Accounting for Bills of Exchange
Bill of exchange and Promissory Note: Definition, Specimen, Features, Parties.
Difference between Bill of Exchange and Promissory Note
Terms in Bill of Exchange:
i. Term of Bill
ii. Accommodation bill (concept)
iii. Days of Grace
iv. Date of maturity
v. Discounting of bill
vi. Endorsement of bill
vii. Bill after the due date
viii. Negotiation
ix. Bill sent for collection
x. Dishonour of bill
xi. Retirement of bill
xii. Renewal of bill
Accounting Treatment
Note: excluding accounting treatment for accommodation bill
Trial balance and Rectification of Errors
Trial balance: objectives and preparation
(Scope: Trial balance with balance method only)
Errors: types-errors of omission, commission, principles, and compensating; their effect on Trial Balance.
Detection and rectification of errors; preparation of suspense account.
Part B: Financial Accounting – II
Unit 3: Financial Statements of Sole Proprietorship
Financial Statements
Meaning, objectives, and importance; Revenue and Capital Receipts; Revenue and Capital Expenditure; Deferred Revenue expenditure.
Trading and Profit and Loss Account: Gross Profit, Operating profit, and Net profit. Preparation. Balance Sheet: need, grouping, and marshaling of assets and liabilities. Preparation.
Adjustments in preparation of financial statements with respect to closing stock, outstanding expenses, prepaid expenses, accrued income, income received in advance, depreciation, bad debts, provision for doubtful debts, provision for discount on debtors, Abnormal loss, Goods taken for personal use/staff welfare, interest on capital and managers commission.
Preparation of Trading and Profit and Loss account and Balance Sheet of a sole proprietorship with adjustments.
Incomplete Records
Features, reasons, and limitations.
Ascertainment of Profit/Loss by Statement of Affairs method.
Difference between accounts from incomplete records and Statement of Affairs. Preparation of Trading, Profit and Loss Account, and Balance Sheet.
Part C: Project Work (Any One)
- Collection of source documents, preparation of vouchers, and recording of transactions with the help of vouchers.
- Comprehensive project of any sole proprietorship business. This may state with journal entries and their
ledgering, preparation of 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/bar diagram.
PROJECT WORK
It is suggested to undertake this project after completing the unit on preparation of financial statements. The
student(s) will be allowed to select any business of their choice or develop the transaction of imaginary
business. The project is to run through the chapters and make the project an interesting process. The amounts
should emerge as more realistic and closer to reality.
