ISCE 11 Syllabus 2020
Accountancy
Commercial Activities, Book Keeping, Accounting, Transactions & Events, System of Accounting, Cash System, Accrual System, Single Entry System, Objectives of Accounting, Users of Accounting Information, Necessity of Accounting,
Accounting Principles, Accounting Standards, International Financial Reporting Standards (IFRS), Generally Accepted Accounting Principles (GAAP), Accounting Concept, Accounting Convention, Financial Statement, Limitations of Financial Statements
Revenue Income & Expenditure, Capital Income & Expenditure, Deferred Revenue Expenditure, Revenue Expenditure treated as Capital Expenditure, Revenue Receipt, Capital Receipt,
Accounting Standards, Accounting Policies, Accounting Estimates, Valuation Principles, Book Keeping & Accounting Process, Classification of Accounts, Personal Accounts, Real Accounts, Nominal Accounts.
Accounting Standards, Objectives of Accounting Standards, Accounting Standard in India (AS)
Types of Journal, Cash & Bak Book, Sales Book, Purchase Book, Journal Proper, Other Subsidiary Journal Books
Cash Book, Single Column Cash Book, Double Column Cash Book, Petty Cash Book,
Subsidiary Journal Books , Subsidiary Ledger Books, Purchase & Purchase Return Books, Sales & Sales Return Books, Other Subsidiary Books, Postings from Subsidiary Books
Ledger
Ledger, Ledger Posting, Ledger Accounts Balancing, Modern Ledger Account Format
Trial Balance, Objectives of Trial Balance, Methods of preparing Trial Balance, Forms of Trial Balance, Errors detected by Trial Balance, Errors not detected by Trial Balance, Suspense Account, Trial Balance Preparation
Rectification of Error
Errors in Books of Accounts, Suspense Account, Rectification of Errors, Rectification before Trial Balance preparation, Rectification after Trial Balance preparation, Rectification after Final Accounts preparation.
Bank Reconciliation
Bank Accounts, Bank Book and Pass Book, Matching of Bank Book & Pass Book, Bank Reconciliation Statement, Causes of Bank Book and Pass Book Difference, Bank Reconciliation Methods, Bank Reconciliation Starting from Bank Book Balance, Bank Reconciliation Starting from Pass Book Balance, Adjustment Entries in Bank Book.
Depletion, Amortization, Obsolescence, Accounting for Depreciation, Methods of Depreciation, Straight Line Method, Diminishing Balance Method, Sum of Digits Method, Sinking Fund Method, Annuity Method, Insurance Policy Method, Machine Hour Rate Method, Production Unit Method, Depletion Method, Changes in Method of Depreciation, Profit / Loss on Sale of Asset,
Closing Entries, Provision for Bad Debts, Provision for Discount on Debtors, Dishonour of Cheques, Goods distributed as free sample, Loss of Goods, Goods sent on approval, Proprietor’s Personal Transactions, Interest, Expenses, Income, Closing Stock
Financial Statements, Trading Account, Profit and Loss Account, Balance Sheet,
Compilation of Financial Statements – Practical Problems
Rectification Entries, Depreciation, Pre-paid expenses, Liabilities & Provisions, Advance payments made, Advance receipt of money
Bill of Exchange, Bill Maturity Date, Dishonour of Bills, Endorsement of Bill, Bills Sent for Collection, Renewal of Bills, Accommodation Bills, Accommodation for Drawer, Accommodation for Drawee, Accommodation for both Drawer & Drawee. Insolvency of Drawee, Retiring of Bill, Bills Payable and Receivable Book.
