Chapter-1

Theoretical Framework

Weightage in Exam

Unit-1:Meaning and Scope of Accounting

Unit-2:Accounting Concepts, Principles and Conventions

Unit-3:Accounting Terminology-Glossary

Unit-4:Capital and Revenue Expenditure and Receipts

Unit-5:Contingent Assets and Contingent Liabilities

Unit-6:Accounting Policies

Unit-7:Accounting as a measurement Discipline-Valuation Principles, Accounting Estimates

Unit-8: Accounting Standard

Unit-9:Indian Accounting Standards

5% to 10%

Chapter-2

Accounting Process

20% to 30%

Unit-1:Basic Accounting Procedures-Journal Entries

Unit-2: Ledgers

Unit-3:Trial Balance

Unit-4:Subsidiary Books

Unit-5:Cash Book

Unit-6:Rectification of Errors

Chapter-3

Bank Reconciliation Statement

Chapter-4

Inventories

Chapter-5

Concept and Accounting of Depreciation

Chapter-6

Accounting for Special Transactions

Unit-1:Bills of Exchange and Promissory Notes

Unit-2:Sales of Goods on Approval or Return Basis

Unit-3:Consignment

Unit-4:Average Due Date

Unit-5:Account Current

15% to 20%

Chapter-7

Preparation of Final Accounts of Sole Proprietors

30% to 40%

Unit-1:Final Accounts of Non-Manufacturing Entities

Unit-2:Final Accounts of Manufacturing Entities

Chapter-8

Partnership Accounts

Unit-1:Introduction to Partnership Accounts

Unit-2:Treatment of Goodwill in Partnership Accounts

Unit-3:Admission to a New Partner

Unit-4:Retirement of a Partner

Unit-5: Death of a Partner

Chapter-9

Financial Statement of Not-for-profit Organizations

Chapter-10

Company Accounts

10% to 15%

Unit-1:Introduction to Company Accounts

Unit-2:Issue, Forfeiture and Re-issue of Shares

Unit-3:Issue of Debentures