CBSE class 11 syllabus for Accountancy & Taxation

Syllabus for Accountancy & Taxation for class 11 has been published by CBSE for session 2016-17. Those who were looking for the same can access myCBSEguide or official website of CBSE for complete syllabus structure.

Students of commerce can have an edge over others if they follow it carefully. As it is practical based course, so anyone can get the proper knowledge of Accountancy & Taxation in higher secondary level. This will help students in developing capabilities to identify business opportunities, analyse their risk- return possibilities and support business development in socially desirable avenues with strong moral commitment.

We are presenting here a complete structure of syllabus and marking scheme by CBSE to perform better in the coming examinations.

 

COST ACCOUTING

THEORY

Time: 3 Hours Marks: 60

 

General Principles. (12 marks)

Meaning and Scope of Cost Accounting.

Objectives of Cost Accounting.

Cost Accounting Versus Financial Accounting.

Importance of Cost Accounting.

Objections to Cost Accounting.

Elements of Cost.

Components of Total Cost.

Classification of Costs.

Installation of a Costing System.

Methods of Costing.

Techniques of Costing.

Systems of Costing.

 

Direct Materials. (12 marks)

Materials Control.

Purchasing of Materials.

Receiving of Materials.

Inspection of Materials.

Storage of Materials.

Issuing of Materials.

Maintenance of Inventory Records.

(i) Incoming Materials.

(ii) Outgoing Materials

Direct Labour and Direct Expenses. (12 marks)

Direct and Indirect Labour.

Control over Labour Costs.

Personnel Department.

Engineering and Works Study Department.

Time-keeping Department.

Pay-master’s Department.

Cost Accounting Department.

Treatment of Holiday Pay, Idle Time, Overtime etc. in Cost Accounts.

Labour Turnover.

Direct Expenses.

 

Overheads General – Classification, Distribution and Control. (12 marks)

Classification of Overheads.

Comments on Certain Items of

(i) Factory Overheads.

(ii) Office and Administrative Overheads.

(iii) Selling and Distribution Overheads

Overheads Distribution. (12 marks)

Overheads Distribution Stages.

Distribution of Factory Overheads.

Distribution of Office and Administration Overheads.

Actual Versus Pre-determined Overhead Rates.

Over and Under-absorption of Overheads.

PRACTICAL

Time: 2 Hours Marks: 40

(30 marks for report and 10 marks for viva-voice)

The students will be required to prepare reports for an organization in respect of the following:

Cost sheet of the firm for a selected period.

Maintenance of Bin Cards.

Maintenance of Stores Ledger.

Treatment of Material Losses.

Recording Attendance Time.

Recording Job Time.

Treatment of Material Losses.

Classification and Codification of Different Items of Overheads.

 

TAXATION

THEORY

Time: 3 Hours Marks: 60

Unit-1: Introduction to Income Tax & important Definitions. (10 marks)

Unit-2: Exempted Incomes and Residential Status & Incidence of Tax Liability (20 marks)

Unit-3: Heads of Income: (30 marks)

(i) Income from Salary.

(ii) Income from House Property.

(iv) Income from Business Profession.

(v) Income from Other Sources.

PRACTICAL

Time: 2 Hours Marks: 40

1. Computation of Income under different heads. (20 marks)
2. Viva-Voce. (20 marks)

 

LIST OF EQUIPMENTS AND SOFTWARE

1. Computers: One per two students.
2. Printer: Laser Printer One for twenty students.
3. Software: Tally / ERP / SAP – Preference for SAP & Multi-user Licence.
4. Manual for Various Software / Assorted Reference Books: One for ten students.
5. Demonstration Stand: One for ten students.
6. Computer Consumable Stationery:

(i) A-4 Size twenty sheets per students.

(ii) Toner for one laser printer for printing 1,000 pages.

7. LCD Projector: One for a class of twenty students.