Accountancy

📚 Course Overview

This course delves deeper into accounting concepts, focusing on partnership firms, companies, and financial statement analysis. It prepares students for higher studies and professional courses in commerce and accounting.

🗂️ Course Structure

Part A: Accounting for Partnership Firms and Companies

• Unit 1: Accounting for Partnership Firms – Fundamentals
  • Partnership deed, capital accounts, and profit-sharing ratios
• Unit 2: Change in Profit Sharing Ratio among Existing Partners
• Unit 3: Admission of a Partner
• Unit 4: Retirement and Death of a Partner
• Unit 5: Dissolution of Partnership Firm
• Unit 6: Accounting for Share Capital
  • Issue, forfeiture, and reissue of shares
• Unit 7: Accounting for Debentures
  • Issue and redemption of debentures

Part B: Financial Statement Analysis

• Unit 8: Financial Statements of a Company
  • Preparation of Statement of Profit and Loss and Balance Sheet
• Unit 9: Analysis of Financial Statements
  • Tools for financial analysis: Comparative and Common Size Statements
• Unit 10: Accounting Ratios
• Unit 11: Cash Flow Statement

Part C: Project Work

• Comprehensive project involving the application of accounting principles

🗓️ Class Schedule

• Duration: Academic Year
• Frequency: 4 sessions per week
• Mode: Hybrid (Online and Offline)

📖 Study Materials

• NCERT Textbook for Class 12 Accountancy (Parts I & II)
• Detailed notes on each unit
• Case studies and real-life business scenarios
• Recorded lectures and interactive sessions

📝 Assessments

• Bi-weekly quizzes and assignments
• Unit tests after completion of each unit
• Pre-board examinations
• Project evaluation and viva

🎯 Student Journey & Milestones

• Phase 1: Mastering partnership accounting and company accounts
• Phase 2: Analyzing and interpreting financial statements
• Phase 3: Developing proficiency in cash flow analysis and accounting ratios