Tamil Nadu Board of Secondary Education Class 11 Accountancy Syllabus - Free PDF Download
Tamil Nadu Board of Secondary Education Syllabus 2024-25 Class 11: The Tamil Nadu Board of Secondary Education Class 11 Accountancy Syllabus for the examination year 2024-25 has been released by the Tamil Nadu Board, Tamil Nadu Board of Secondary Education. 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 2024-25 Tamil Nadu Board of Secondary Education Class 11 Accountancy Board Exam will entirely be based on the most recent syllabus. Therefore, students must thoroughly understand the new Tamil Nadu Board of Secondary Education syllabus to prepare for their annual exam properly.
The detailed Tamil Nadu Board of Secondary Education Class 11 Accountancy Syllabus for 2024-25 is below.
Academic year:
Tamil Nadu Board of Secondary Education Class 11 Accountancy Revised Syllabus
Tamil Nadu Board of Secondary Education Class 11 Accountancy and their Unit wise marks distribution
Tamil Nadu Board of Secondary Education Class 11 Accountancy Course Structure 2024-25 With Marking Scheme
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Syllabus
1 Introduction to Accounting
- Introduction to Accounting
- Evolution of Accounting
- Meaning and Definition of Accounting
- Accounting Cycle
- Identifying the transactions and journalising
- Posting and balancing
- Preparation of trial balance
- Preparation of trading account
- Preparation of profit and loss account
- Preparation of balance sheet
- Objectives of Accounting
- Maintenance of Records of Business Transactions
- Calculation of Profit and Loss
- Depiction of Financial Position
- Providing Accounting Information to its Users
- Functions of Accounting
- Measurement
- Forecasting
- Comparison
- Decision making
- Control
- Assistance to government
- Importance of Accounting
- Systematic records
- Preparation of financial statements
- Assessment of progress
- Aid to decision making
- Satisfies legal requirements
- Information to interested groups
- Legal evidence
- Computation of tax
- Settlement during merger
- Basic Accounting Terminologies
- Branches of Accounting
- Financial Accounting
- Cost Accounting
- Management Accounting
- Social Responsibility Accounting
- Human Resources Accounting
- Bases of Accounting
- Cash basis
- Accrual or mercantile basis
- Hybrid or mixed basis
- Users of Accounting Information
- Internal Users
- Owners
- Management
- Employees
- External users
- Creditors and financial institutions
- Investors
- Customers
- Tax authorities and other regulatory bodies
- Government
- Researchers
- General public
- Role of an Accountant
- Record keeper
- Provider of information to the management
- Protector of business assets
- Financial advisor
- Tax manager
- Public relation officer
2 Conceptual Framework of Accounting
- Book-keeping-An Introduction
- Meaning of book-keeping
- Definition of book-keeping
- Features of book-keeping
- Objectives of book-keeping
- Advantages of Book-keeping
- Limitations of book-keeping
- Book-keeping Vs. Accounting
- Relationship among Book-keeping, Accounting and Accountancy
- Accounting Principles
- Business entity concept
- Money measurement concept
- Going concern concept
- Cost concept
- Dual aspect concept
- Periodicity concept
- Matching concept
- Realisation concept
- Objective evidence concept
- Accrual concept
- Convention of consistency
- Convention of full disclosure
- Convention of materiality
- Convention of conservatism or prudence
- Accounting Standards (AS)
- Need for Accounting Standards
- Benefits of Accounting Standards
- Limitations of Accounting Standards
- Applicability of Accounting Standards
- Need for IFRS
- International Financial Reporting Standards (IFRS)
- Accounting Standards in India
3 Books of Prime Entry
- Introduction to Book of Prime Entry
- Source Documents
- Cash receipt/voucher
- Invoice
- Debit note
- Credit note
- Pay-in slip
- Cheque
- Double Entry System
- Definition
- Principles of double entry system
- Advantages of double entry system
- Accuracy
- Ascertainment of business results
- Comparative study
- Common acceptance
- Transaction
- Cash transaction
- Bank transaction
- Credit transaction
- Account
- Approaches of Recording Transactions
- Accounting equation approach
- Increase in capital and increase in asset
- Decrease in liability and decrease in asset
- Decrease in one asset and increase in another asset
- Decrease in one liability and increase in another liability
- Transactions affecting more than two accounts
- Traditional approach
- Classification of accounts
- Accounting Rules
- Journal Entries
- Meaning
- Format of Journal
- Steps in journalising
- Different types of journal entries
- Application of rules of the double-entry system
- Analysis of transactions
- Advantages of journal
4 Ledger
- Introduction of Ledger
- Utilities of Ledger
- Quick information about a particular account
- Control over business transactions
- Trial balance can be prepared
- Helps to prepare financial statements
- Format of Ledger Account
- Distinction Between Journal and Ledger
- Procedure for Posting
- Posting of opening journal entry
- Posting of compound journal entry
- Balancing of Ledger Accounts
- Procedure for balancing an account
- Direct ledger posting
5 Trial Balance
- Introduction of Trial Balance
- Preparation of Trial Balance
- Totals method
- Balances Method
- Totals-cum-balances Method
- Definition of Trial Balance
- Features of Trial Balance
- Objectives of Preparing Trial Balance
- Test of arithmetical accuracy
- Basis for preparing final accounts
- Location of errors
- Summarised information of ledger accounts
- To Ascertain the Arithmetical Accuracy of Ledger Accounts
- To Help in Locating Errors
- To Help in the Preparation of the Financial Statements
- Limitations of Trial Balance
- Methods of Preparing Trial Balance
- Balance method
- Total method
- Total and Balance method
- Suspense Account
- Meaning of suspense account
6 Subsidiary Books - 1
- Subsidiary Books - 1
- Meaning of Subsidiary Books
- Types of Subsidiary Books
- Advantages of Subsidiary Books
- Proper and systematic record of business transactions
- Convenient posting
- Division of work
- Efficiency
- Helpful in decision making
- Prevents errors and frauds
- Availability of requisite information at a glance
- Detailed information available
- Saving in time
- Labour of posting is reduced
- Purchases Book
- Invoice
- Trade discount
- Posting from purchases book
- Purchases Returns Book
- Posting from the purchases returns book
- Debit note – the source document for returns outward
- Sales Book Or Sales Day Book
- Posting from sales book
- Sales Returns Book
- Posting from sales returns book
- Credit note – Source document for returns inward
- Bills of Exchange
- Introduction
- Necessity
- Meaning
- Definition of Bill of Exchange
- Features of bills of exchange
- Specimen of bill of exchange
- Important terms
- Bills Receivable Book
- Bills Payable Book
- Journal Proper
- Opening journal entry
- Closing journal entry
- Adjusting entries
- Rectifying entries
- Transfer entries
- Miscellaneous Entries
- Other Entries
7 Subsidiary Books - 2
- Subsidiary Book - II
- Meaning of Cash Book
- Single Column Cash Book
- Double Column Cash Book
- Petty Cash Book
- Balancing of Cash Book
- Cash Book – A Subsidiary Book and Principal Book of Accounts
- Importance of Cash Book
- Serves as both journal and ledger
- Saves time and labour
- Shows the cash and bank balance
- Benefit of division of labour
- Effective cash management
- Prevents errors and frauds
- Types of Cash Book
- Single Column Cash Book
- Balancing of single column cash book
- Posting from single column cash book
- Cash Discount and Trade Discount
- Cash discount
- Trade discount
- Differences between cash discount and trade discount
- Double Column Cash Book (Cash Book with Cash and Discount Column)
- Balancing the double column cash book
- Posting from double column cash book
- Three Column Cash Book (Cash Book with Cash, Discount and Bank Column)
- Format
- Contra entry
- Petty Cash Book
- Imprest system of petty cash
- Advantages of maintaining petty cash book
- Types of Petty Cash Book
- Simple petty cash
- Analytical Columnar Petty Cash Book
- Balancing petty cash book
- Posting of entries from petty cash book to ledger
8 Bank Reconciliation Statement
- Introduction of Bank Reconciliation Statement
- Bank statement or bank pass book
- Bank overdraft
- Differences between bank column of cash book and bank statement
- Bank Reconciliation Statement
- Meaning
- Definition
- Need for bank reconciliation statement
- Importance of bank reconciliation statement
- Reasons Why Bank Column of Cash Book and Bank Statement May Differ
- Timing differences
- Errors in recording
- Preparation of Bank Reconciliation Statement
- Balance presentation method
- Plus or Minus presentation
- Preparation of Bank Reconciliation Statement without adjusting Cash Book Balance
9 Rectification of Errors
- Introduction of Errors
- Meaning of Errors
- Errors at Different Stages of Accounting
- At the stage of journalising
- At the stage of posting
- At the stage of balancing
- At the stage of preparing trial balance
- Classification of Errors
- Error of omission
- Error of commission
- Error of principle
- Compensating errors
- Errors Disclosed by the Trial Balance and Errors Not Disclosed by the Trial Balance
- Errors disclosed by the trial balance
- Errors not disclosed by the trial balance
- Steps to Locate Errors
- Location of errors before preparation of trial balance
- Location of errors after the preparation of trial balance
- Suspense Account
- Meaning of suspense account
- Rectification of Errors
- Stages of rectification of errors
- Rectification of Errors which do not Affect the Trial Balance
- Rectification of Errors Affecting Trial Balance
- Rectification of Errors in the Next Accounting Year
- Errors in Computerised Accounting
10 Depreciation Accounting
- Depreciation
- Meaning
- Definition
- Importance
- Useful life of the asset
- Depreciable assets
- Objectives and Characteristics of Depreciation
- Objectives of providing depreciation:
- To find out the true profit or loss
- To present the true and fair view of financial position
- To facilitate replacement of fixed assets
- To avail tax benefits
- To comply with legal requirements
- Characteristics of depreciation
- Causes of Depreciation
- Wear and tear
- Expiration of Legal Rights
- Efflux of time
- Obsolescence
- Inadequacy for the purpose
- Lack of maintenance
- Abnormal factors
- Factors Determining the Amount of Depreciation
- Actual cost of the asset
- Estimated useful life of the asset
- Scrap value of an asset
- Other factors
- Methods of Depreciation
- Fixed Instalment or Straight Line or Original Cost Method
- Diminishing or Reducing Balance or Written Down Value Method
- Annuity Method
- Depletion method
- Sum of years of digits method
- Depreciation Fund Method
- Revaluation Method
- Insurance Policy Method
- Machine Hour Rate Method
- Sinking fund method
- Methods of Recording Depreciation
- Charging depreciation to asset account
- Creating Provision for Depreciation Account/Accumulated Depreciation Account
- Calculation of Profit Or Loss on Sale of Asset
11 Capital and Revenue Transactions
- Capital and Revenue Transaction
- Considerations in Determining Capital and Revenue Expenditures
- Nature of business
- Effect on revenue generating capacity of business
- Purpose of expenditure
- Materiality of the amount involved
- Classification of Expenditure
- Revenue expenditure
- Capital expenditure
- Plan and non-plan expenditure
- Developmental and non-developmental expenditure
- Capital Expenditure
- Features of capital expenditure
- Revenue and Deferred Revenue Expenditure
- Features of deferred revenue expenditure
- Comparison of Capital, Revenue and Deferred Revenue Expenditure
- Capital and Revenue Receipts
- Capital receipt
- Revenue receipt
- Distinction Between Capital and Revenue Receipts
- Expenditure
- Receipts
- Importance of Distinction between Capital and Revenue
12 Final Accounts of Sole Proprietors - 1
- Introduction of Final Accounts
- Meaning
- Objectives
- Importance
- Final accounts include
- Manufacturing Accounts
- Trading Account
- Profit and Loss Accounts
- Profit & Loss Appropriation Account
- Balance sheet
- Closing Entries and Opening Entry
- Closing entries
- Opening entry
- Trading Account
- Need for preparation of trading account
- Preparation of trading account
- Closing of trading account
- Format of trading account
- Profit and Loss Account
- Need for preparing profit and loss account
- Preparation of profit and loss account
- Closing of profit and loss account
- Format of profit and loss account
- Balance Sheet
- Need for preparing a balance sheet.
- Relevant Items in the Balance Sheet
- Characteristics of balance sheet
- Grouping and Marshalling of assets and liabilities in a balance sheet
- Methods of drafting a balance sheet
- Horizontal form of balance sheet
- Vertical form of balance sheet
- Preparation of Balance Sheet
- Classification of assets and liabilities
- Differences Between Trial Balance and Balance Sheet
13 Final Accounts of Sole Proprietors - 2
- Preparation of Final Accounts
- Rationale of making adjustments at the time of preparing final accounts
- Adjustment Entries and Accounting Treatment of Adjustments
- Meaning of adjustment entries
- Purpose of adjustment entries
- Need for adjustment entries
- Adjustments and adjustment entries
- Summary of Adjusting Entries and Accounting Treatment of Adjustments
- Final Accounts with Adjustments
14 Computerised Accounting
- Introduction to Computers
- Computerised Accounting System (CAS) - Software Packages
- Generic
- Specific
- Tailored.
- Features of computerised accounting system
- Components of Computerised Accounting System
- Advantages of Computerised Accounting System
- Limitations of Computerised Accounting System
- Differences Between Manual and Computerised Accounting System
- Accounting Software
- Readymade software
- Customised software
- Tailormade software
- Grouping and Codification of Accounts
- Grouping of accounts
- Codification of accounts
- Methods of codification
- Microsoft Office-Ms Word and Ms Excel Practical
- MS-Word
- MS Word Practical
- MS-Excel
- MS-Excel practical
