Madhya Pradesh Board Class 11 Accountancy Syllabus

Safalta Expert Published by: Sylvester Updated Fri, 30 Sep 2022 11:02 PM IST

Highlights

Madhya Pradesh Board Class 11 Accountancy Syllabus

Making administrative, policy-related, logical, and intellectual decisions for the state of Madhya Pradesh's higher education market is under the purview of the MPBSE. The state's intermediate education programme is directed and supervised by the board. It also develops study programmes and curriculum, schedules tests, approves college connections, and administers a variety of other responsibilities. It is also advantageous that this organisation supervises, guides, and manages all educational institutions that are under MPBSE's authority. The Model High in TT Nagar is one of the model schools administered by its administration. In the sixteenth year of the Republic of India, the Madhya Pradesh Legislature passed a law forming a body to regulate secondary education.

The MPBSE develops the curriculum for students in Standards IX through XII, for affiliated schools, and for tests whose results are required for entrance to higher education institutions. The three board exams that are conducted by this organisation are the Middle School Exam for Standard VIII, the High School Certificate Examination for Standard X, and the Higher Secondary (School) Certificate (HSC) Exam for Standard XII, a school-leaving exam.

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To better comprehend all the ideas and topics studied this academic year, look over the MP Board Class 11 Accountancy Syllabus. Each topic's specifics are covered in the syllabus. If the students reviewed the Madhya Pradesh Board's Class 11 Accountancy Syllabus prior to the test, they would be better prepared. Better study habits, a focus on subject-specific areas of difficulty, and more time spent trying to fill up knowledge gaps can benefit students.


Madhya Pradesh Board Class 11 Accountancy Syllabus

Chapter Name Topics
Introduction to Accounting
  • Meaning of Accounting
  • Accounting as a Source of Information
  • Objectives of Accounting
  • Role of Accounting
  • Basic Terms in Accounting
Theory Base of Accounting
  • Generally Accepted Accounting Principles (GAAP)
  • Basic Accounting Concepts
  • Systems of Accounting
  • Basis of Accounting
  • Accounting Standards
Recording of Transactions - I
  • Business Transactions and Source Document
  • Accounting Equation
  • Using Debit and Credit
  • Books of Original Entry
  • The Ledger
  • Posting from Journal
Recording of Transactions - II
  • Cash Book
  • Purchases (Journal) Book
  • Purchases Return (Journal) Book
  • Sales (Journal) Book
  • Sales Return (Journal) Book
  • Journal Proper
  • Balancing the Accounts
Bank Reconciliation Statement
  • Need for Reconciliation
  • Preparation of Bank Reconciliation Statement
Trial Balance and Rectification of Errors
  • Meaning of Trial Balance
  • Objectives of Preparing the Trial Balance
  • Preparation of Trial Balance
  • Significance of Agreement of Trial Balance
  • Searching of Errors
  • Rectification of Errors
Depreciation, Provisions and Reserves
  • Depreciation
  • Depreciation and other Similar Terms
  • Causes of Depreciation
  • Need for Depreciation
  • Factors Affecting the Amount of Depreciation
  • Methods of calculating Depreciation Amount
  • Straight Line Method and Written Down Method: A Comparative Analysis
  • Methods of Recording Depreciation
  • Disposal of Asset
  • Effect of any Addition or Extension to the Existing Asset
  • Provisions
  • Reserves
  • Secret Reserve
Bill of Exchange
  • Meaning of Bill of Exchange
  • Promissory Note
  • Advantages of Bill of Exchange
  • Maturity of Bill
  • Discounting of Bill
  • Endorsement of Bill
  • Accounting Treatment
  • Dishonour of a Bill
  • Renewal of the Bill
  • Retiring of the Bill
  • Bills Receivable and Bills Payable Books
  • Accommodation of Bills
Financial Statements - I
  • Stakeholders and their Information Requirements
  • Distinction between Capital and Revenue
  • Financial Statements
  • Trading and Profit and Loss Account
  • Operating Profit (EBIT)
  • Balance Sheet
  • Opening Entry
Financial Statements - II
  • Need for Adjustments
  • Closing Stock
  • Outstanding Expenses
  • Prepaid Expenses
  • Accrued Income
  • Income Received in Advance
  • Depreciation
  • Bad Debts
  • Provision for Bad and Doubtful Debts
  • Provision for Discount on Debtors
  • Manager’s Commission
  • Interest on Capital
Accounts from Incomplete Records
  • Meaning of Incomplete Records
  • Reasons of Incompleteness and Its Limitations
  • Ascertainment of Profit and Loss
  • Preparing Trading and Profit and Loss Account and the Balance Sheet
Applications of Computers in Accounting
  • Meaning and Elements of Computer System
  • Capabilities of Computer System
  • Limitations of a Computer System
  • Components of Computer
  • Evolution of Computerised Accounting
  • Features of Computerised Accounting System
  • Management Information System and Accounting Information System
Computerised Accounting System
  • Concept of Computerised Accounting System
  • Comparison between Manual and Computerised Accounting
  • Advantages of Computerised Accounting System
  • Limitations of Computerised Accounting System
  • Sourcing of Accounting Software
  • Generic Considerations before Sourcing an Accounting Software
Structuring Database for Accounting
  • Data Processing Cycle
  • Designing Database for Accounting
  • Entity Relationship (ER) Model
  • Database Technology
  • An Illustration of Accounting Database
  • Relational Data Model
  • Relational Databases and Schemas
  • Constraints and Database Schemas
  • Operations and Constraint Violations539
  • Designing Relational Database Schema
  • llustrating the Database Structure for Example Realities
  • Interacting with Databases
Accounting System using Database Management System
  • MS Access and Its Components
  • Creating Tables and Relationships for Accounting Database
  • Vouchers Using Forms
  • Information Using Queries
  • Generating Accounting Reports
 

Frequently Asked Questions (FAQs) on Madhya Pradesh Board Class 11 Accountancy Syllabus

Where can I obtain the Madhya Pradesh Board Class 11 Accountancy course outline in its entirety?

On Safalta's website, students may quickly view the whole MP Board Class 11 Accountancy course outline and use it to plan their upcoming exam preparation.

What advantages could you gain from understanding the MP Board Class 11 Accountancy course material?

To assist students in organising their learning and developing a study plan, a synopsis of the ideas and chapters in the MP Board 11th Class Accountancy curriculum is provided.

How many chapters are there in MP Board Class 11 Accountancy Syllabus?

There are 14 chapters in MP Board Class 11 Accountancy Syllabus.

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