Class 11 Accountancy Syllabus PDF Download (CBSE & ICSE) 2025-26
Author : Leekesh Suryavanshi
June 6, 2025
SHARE
Overview: The Class 11 Accountancy syllabus is designed to build a strong base in financial literacy, introducing students to key concepts like journal entries, ledgers, and trial balance. This blog breaks down the latest syllabus for 2025-2026.
The syllabus of class 11 accountancy deals with topics like financial accounting, financial statements of a sole proprietorship, computers in accounting, etc.
This post takes you through detailed information about Class 11 Accountancy Syllabus of both CBSE and ICSE boards.
Revised CBSE Class 11 Accountancy Syllabus 2025-2026
Due to the non-functioning of schools, the accountancy syllabus has been reduced to 30% by the CBSE board. Note that the reduced syllabus is only for the academic year 2025-2026.
CBSE Class 11 Accountancy Syllabus: Part A: Financial Accounting – I
Go through the syllabus and enhance your preparation for the Class 11 Accountancy Exam.
Unit-1: Theoretical Frame Work
This unit will help you describe the meaning, significance, objectives, advantages and limitations of accounting in the modem economic environment with varied types of business and non-business economic entities.
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 Concerned, 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
In this unit, you will be studying about the concept of the accounting equation.
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
Ledger:
Format, Posting from journal and subsidiary books, Balancing of accounts
Bank Reconciliation Statement:
Need and preparation
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)
Difference between SLM and WDV; Advantages of SLM and WDV
Accounting treatment of depreciation
i. Charging to asset account
ii. Creating provision for depreciation/accumulated depreciation account
iii. Treatment for disposal of asset
Provisions and Reserves: Difference
Types of Reserves:
i. Revenue reserve
ii. Capital reserve
iii. General reserve
iv. Specific reserve
v. Secret Reserve
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 due date
viii. Negotiation
ix. Bill sent for collection
x. Dishonour of bill
Accounting Treatment
Trial balance and Rectification of Errors
Trial balance: objectives and preparation
Errors: types-errors of omission, commission, principles, and compensating; their effect on Trial Balance.
Detection and rectification of errors; preparation of suspense account.
CBSE Class 11 Accountancy Syllabus: Part B: Financial Accounting – II
Solving Class 11 Accountancy Sample Papers will help you know the difficulty level of the paper and the type of questions asked from the financial accounting topic. You can go through the detailed accountancy syllabus class 11 for Part B from the post below.
Unit 3: Financial Statements of Sole Proprietorship
This unit describes the meaning of financial statements, gross profit, operating profit, and net profit.
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 marshalling 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. Download the complete Accounts Class 11 Syllabus PDF below and begin your preparation.
Unit 4: Computers in Accounting
Introduction to computer and accounting information system {AIS}: Introduction to computers (elements, capabilities, limitations of computer system)
Automation of accounting process: meaning
CBSE Class 11 Accountancy Marking Scheme 2025-2026
The accountancy section is divided into three parts wherein: Part A is for 40 Marks, Part B is for 40 Marks, and Part C is the Project for 20 marks.
Units
Topics
Marks
Part A: Financial Accounting-1
-
Unit-1
Theoretical Framework
12
Unit-2
Accounting Process
40
Part B: Financial Accounting-II
-
Unit-3
Financial Statements of Sole Proprietorship from Complete and Incomplete Records
20
Unit-4
Computers in Accounting
08
Part C: Project Work
20
Total
100
Deleted CBSE Class 11 Accountancy Syllabus 2025-2026
The following topics are deleted from Class 11 Accountancy syllabus of Part A and part B.
Bank Reconciliation Statement
Bank Reconciliation Statement with Adjusted Cash Book
Accounting for Bills of Exchange
Retirement of bill
Renewal of bill
Incomplete Records
Difference between accounts from incomplete records and Statement of Affairs.
Preparation of Trading, Profit, and Loss account and Balance Sheet.
ISC Class 11 Accountancy Syllabus 2025-2026
Class 11 Accounts Syllabus for ICSE board is divided into 2 parts i.e., Part I (20 marks) is compulsory and consists of short answer questions, testing knowledge, application, and skills relating to elementary/ fundamental aspects of the entire syllabus.
In Part II (60 marks), you are required to answer five questions out of eight questions.
1. Basic Accounting Concepts
Background of accounting and accountancy: knowledge and understanding of IFRS (International Financial Reporting Standards); GAAP (Generally Accepted Accounting Principles), types of accounts; basic terms used in accounting, Accounting Standards, and Accounting Equation.
2. Journal, Ledger, and Trial Balance
Journal: recording of entries in a journal with narration.
Ledger: posting from journal to respective ledgers.
Sub-division of the journal - cash book [including simple cash book and double column cash book (cash and bank). Petty cash book (including simple, analytical and imprest system), sales daybook, purchases day book, sales return daybook, purchases return daybook, bills receivable book, bills payable book, and Journal proper.
Trial balance
3. Bank Reconciliation Statement
Bank reconciliation statement.
Meaning and need for bank reconciliation statement.
Preparation of a bank reconciliation statement from the given cash book balance or passbook balance or both.
Preparation of a bank reconciliation statement from the extract of the cash book as well as the passbook relating to the same month.
Preparation of an amended cash book and a bank reconciliation statement from the given cash book balance.
Preparation of an amended cash book and a bank reconciliation statement from the extract of the cash book as well as the passbook relating to the same month.
4. Depreciation, Provisions, and Reserves
Depreciation.
Methods of charging depreciation (Straight Line and Written Down Value method).
Problems relating to purchase and sale of assets incorporating the application of depreciation under the two stated methods.
Introduction to Negotiable Instruments: an explanation of basic terms.
Practical problems on the above in the books of the drawer, drawee, endorsed, and bank.
6. Final Accounts and Concept of Trading, Profit and Loss account and Balance Sheet (with and without adjustments), Marshalling of Balance Sheet
Capital and revenue expenditure/income.
Provisions and Reserves.
Trading, Profit, and Loss Account and Balance Sheet of a sole trader, (Horizontal Format) without adjustments.
Preparation of Trading Account, Profit, and Loss Account and Balance Sheet with necessary adjustments.
Marshalling of a Balance Sheet: Order of permanence and order of liquidity.
7. Accounts from incomplete records
Single entry and difference with double entry.
Ascertainment of profit/loss by a statement of affairs method including application.
Conversion of Single entry into the double-entry.
8. Non-Trading Organisation
Non-trading organization: meaning, objectives, necessity, and treatment of specific items.
Different books maintained and differences between them.
Preparation of Income and Expenditure Account and Closing Balance Sheet.
9. Rectification of Errors
Errors and types of errors:
errors of omission;
errors of commission;
errors of principle;
compensating errors.
10. Introduction to the Use of Computers in Accounting
Introduction to Computerized Accounting System:
Application of computers in Accounting (Only theory)
Comparison of accounting processes in manual and computerized accounting
ISC Class 11 Marking Scheme
In the ICSE board, the theory paper of the accountancy holds 80 marks and the project work holds 20 marks. Check out the table below to know the marking scheme of accountancy.
Paper
Marks
Paper 1
Part 1
20
Part 2
60
Paper 2 (Project Work)
20
Total
100
Class 11 Accountancy Syllabus 2025-2026
As we all know, the CBSE and ICSE boards have reduced 30% of the syllabus for the academic year 2025-2026.
For next year, the exam conducting body may replace the old syllabus or may keep the existing one.
You can download the old syllabus of class 11 accountancy by clicking on the links provided in the table below.