AHSEC Class 11 Accountancy Syllabus 2024-2025: Download in PDF

Assam HS 1st Year Accountancy Syllabus 2025: The AHSEC Class 11 Accountancy Syllabus for the current academic session, 2024-25 is provided in this article. This syllabus has been officially released by the Assam Higher Secondary Education Council (AHSEC) for higher secondary first year course.

Accountancy is introduced as an elective subject at the higher secondary stage for the students of commerce and arts streams. It is important for students to access the latest and revised syllabus to prepare a comprehensive study plan, understand the exam pattern, and allocate adequate time for each topic. This will help them prepare for their exams in an effective and efficient manner, ensuring they achieve good marks in the Assam HS 1st Year Accountancy Examination.

We have provided a direct download link of the syllabus for students’ convenience.  is also provided towards the end of this article to facilitate easy access to the syllabus. Review the complete syllabus to understand the prescribed topics and exam pattern for effective preparation for the annual examinations.

AHSEC Class 11 Accountancy Unit-wise Distribution of Marks & Periods: 2024-2025

AHSEC Class 11 Accountancy Syllabus 2024-2025

For the AHSEC Class 11 Accountancy assessment, there will be one theory paper for 80 marks and a project for 20 marks. The time allowed to write the theory paper will be 3 hours while 15 minutes will be provided to read the question paper. Check the detailed syllabus below for the course contents for Assam board class 11 Accountancy theory exam and project assignments.

Unitwise Distribution of Course Contents

Part –A: FINANCIAL ACCOUNTING –I

Unit-1: Introduction to Accounting:

• Accounting – Meaning, Objectives, Accounting as a Source of Information, Internal and External Users of Accounting Information and their needs, Role of Accounting.
• Qualitative Characteristics of Accounting Information – (Reliability, Relevance, Understand ability and Comparability).
• Basic Accounting Terms –Account, Debit, Credit, Entity, Asset, Liability, Capital, Expense, Income, Expenditure, Revenue, Debtors, Creditors, Goods, Cost, Gain, Stock, Purchases, Sales, Loss, Profit, Voucher, Discount (Trade Discount and Cash Discount), Transaction, Drawings, Revenue Items, Capital Items.

Unit-2: Theory Base of Accounting:

• Generally Accepted Accounting Principles (GAAP): Meaning and Nature.
• Basic Accounting Concepts: Business Entity, Money Measurement, Going Concern, Accounting Period, Cost Concept, Dual Aspect, Revenue Recognition (Realisation), Matching, Accrual, Full Disclosure, Consistency, Conservatism, Materiality, Objectivity.
• Accounting Standards- Needs, Benefits, Limitations, Applicability. Concept of Ind.AS Goods and Services Tax (GST) - Meaning, Characteristics, and Advantages.
• System of Accounting- Single Entry and Double Entry.
• Bases of Accounting- Cash Basis, Accrual Basis.

Unit-3: Recording of Business Transactions:

• Voucher and Transaction : Origin of Transaction- Source documents and Vouchers, Preparation of Vouchers, Rules of Debit and Credit (English and American Approach) Accounting Equation.
• Recording of Transactions: Books of Original Entry- Journal, Ledger, Posting from Journal, Balancing of Accounts, Special Purpose Books: (i) Cash book- Single Column, Double Column, Triple Column, and Petty Cash book, (ii) Purchases Book, Sales Book, Purchases Returns Book, Sales Return Book and Journal Proper.
• Bank Reconciliation Statements: Meaning, Needs and Preparation

Unit-4: Trial Balance and Rectification of Errors:

• Trial Balance: Meaning, Objectives and Preparation.
• Errors: Types of Errors; Errors affecting trial balance; Errors not affecting Trial balance.
• Rectification of Errors, Suspense account.

Unit-5: Depreciation, Provisions and Reserves:

• Depreciation: Meaning, Features, Causes and Need for charging depreciation, Factors affecting depreciation. Methods of Depreciation- Straight line Method, Written down value method, Accounting for Depreciation- charging to asset account, creating provision for depreciation/accumulated depreciation account, Treatment of disposal of an asset. Addition/Extension to the existing asset.
• Provisions and Reserves: Meaning, Importance, Accounting treatment for Provisions for Bad and Doubtful Debts. Difference between provisions and reserves. Types of Reserves: Revenue Reserve, Capital Reserve, General Reserve. Specific Reserve and Secret Reserve. Difference between Revenue Reserve and Capital Reserve

PART-B: FINANCIAL ACCOUNTING-II

Unit-6: Financial Statements:

• Financial Statements: Meaning and Users.
• Capital expenditure, Revenue expenditure, Capital Receipts and Revenue Receipts.
• Trading Account, Profit and Loss Account and Balance Sheet: Needs, Marshalling of Assets and Liabilities, Horizontal and Vertical Format of Balance Sheet.
• Preparation of Trading and Profit and Loss account and Balance Sheet of Sole- Proprietorship business.
• 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, Manager’s Commission, Interest on Capital.

Part-C: Project Works - 20 Marks.

• Project Preparation - 12 Marks
• Project VIVA VOCE - 08 Marks

Format for Project Work

Project work must be done in line with the format mentioned below:

Cover Page

1.Title of the Project.

2.Information of the student

(Name, Roll No, Registration No, Year)

Second Page: Acknowledgement

Third Page: Declaration by the student

Forth Page: Certificate from Supervisor/Guide

Certificate from Head of the Institution.

Fifth Page: Contents/Index

Main text of the project

References /Bibliography.

PROJECT DESIGN for H.S. First Year

Step-I: Visit any selected Trading Organisation.

Step-II: Collect the required accounting or financial data/ information for the Project Work.

Step-III: (Common for all)

(i) Collect the source documents

(ii) Identify the account heads & debit and credit aspects

(iii) Record in journal.

(iv) Post to the respective ledger accounts.

Step-IV: (any one of the following)

(i) Prepare a trial balance.

(ii) Prepare a cash book.

(iii) Prepare debit/ credit vouchers.

(iv) Prepare a bank reconciliation statement.

(v) Any other suitable accounting process/ practice.

Instructions for “Main Text of the Project”

Main text of the project should be framed as follows

Chapter-I:- Introduction: Introduction, objectives of the study, methodology and limitations of the study.

Chapter-II: - Profile of the Organization.

Chapter-III: - Summary of the Report/Project work.

Chapter-IV:- Conclusion.

You can also download the syllabus from the following link:

How to download AHSEC Class 11 Accountancy Syllabus 2024-2025

Check the steps mentioned below to download the Assam Board AHSEC Class 11 Accountancy Syllabus for the current academic session 2024-2025. Follow the step-wise instructions to download the syllabus.

Step 1: Go to Assam Board’s official website ahsec.assam.gov.in.

Step 2: In the title bar, select the option ‘Academics.’

Step 3: In the dropdown list, click on the option ‘Syllabus.’

Step 4: On the new page, select “All Syllabus for HS First Year 2024-25” link.

Step 5: Click on the subject name to open the syllabus PDF

Step 6: Check and download the syllabus PDF for future use

Also Check:

AHSEC Class 11 Syllabus 2024-2025 of All Subjects