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    Karishma Ahuja
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    Accountancy is the specialized language of business that presents and communicates financial information in statements and reports to interested parties like owners and investors. It analyzes the economic success of a business and involves measuring, processing, and communicating its financial data. Studying accountancy is important for non-accountants as it develops budgeting, investment, analytical, and logical thinking skills useful for prudent decision making and long-term goals. The syllabus for classes 11 and 12 covers topics like accounting processes, financial statements, accounting for partnerships and companies. Careers in accounting include chartered accountant, cost accountant, financial analyst, and more.

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    Accountancy is the specialized language of business that presents and communicates financial information in statements and reports to interested parties like owners and investors. It analyzes the economic success of a business and involves measuring, processing, and communicating its financial data. Studying accountancy is important for non-accountants as it develops budgeting, investment, analytical, and logical thinking skills useful for prudent decision making and long-term goals. The syllabus for classes 11 and 12 covers topics like accounting processes, financial statements, accounting for partnerships and companies. Careers in accounting include chartered accountant, cost accountant, financial analyst, and more.

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    51 views14 pages

    Accountancy Orientation

    Uploaded by

    Karishma Ahuja
    Accountancy is the specialized language of business that presents and communicates financial information in statements and reports to interested parties like owners and investors. It analyzes the economic success of a business and involves measuring, processing, and communicating its financial data. Studying accountancy is important for non-accountants as it develops budgeting, investment, analytical, and logical thinking skills useful for prudent decision making and long-term goals. The syllabus for classes 11 and 12 covers topics like accounting processes, financial statements, accounting for partnerships and companies. Careers in accounting include chartered accountant, cost accountant, financial analyst, and more.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 14

    ACCOUNTANCY

    WHAT IS ACCOUNTANCY?
    • Accountancy is the specialized language of business.
    • Accountancy presents and communicates various information in the
    form of statements and reports to the interested parties like owners,
    employees, management, investors, buyers, sellers, etc.
    • It tells us the story of a business.
    In any business or corporation, it’s important to analyze the economic
    success of the endeavour.

    The field of Accountancy or Accounting involves the measurement,


    processing and communication of the financial data of a particular
    business, corporation or other economic entity.

    Accountancy measures the results of the economic activities of an


    organization, communicating it to users such as investors, creditors,
    regulators and management.
    Why is Accounting Important for a Non-
    Accountant?
    • The best friend of a prudent decision maker.
    • Budgeting skills
    • Investment skills.
    • Analysis of data.
    • Logical thinking and reasoning.
    • Long term Goals
    What does an ACCOUNTANT do and why
    is it so important?
    SYLLABUS FOR GRADE XI & XII –
    An Overview
    CBSE Syllabus for Class 11 Accountancy

    Unit-1: Theoretical Frame Work


    • Introduction to Accounting
    • Theory Base of Accounting
    Unit-2: Accounting Process
    • Recording of Business Transactions
    Bank Reconciliation Statement
    Depreciation, Provisions and Reserves
    Accounting for Bills of Exchange
    Trial balance and Rectification of Errors
    Financial Statements of Sole Proprietorship
    CBSE Syllabus for Class 12 Accountancy

    Unit I: Accounting Not-for-Profit Organisation


    Unit II: Accounting for Partnership
    Fundamentals of Partnership
    Reconstitution of Partnership
    Admission of a Partner
    Retirement/ Death of a Partner
    Dissolution of Partnership
    Unit III: Accounting for Share and Debenture Capital
    Unit IV: Analysis of Financial Statements of a Company
    Is it the Right Subject for you?
    Personal Skill Set to succeed in Accountancy:

    • Dedication and Commitment towards the subject.


    • Mathematical Aptitude.
    • Working in a time constraint.
    • High Self-Motivation and Personal Accountability.
    CAREERS IN ACCOUNTING
    • ACTUARY
    • CHARTERED ACCOUNTANT
    • CHARTERED FINANCIAL ANALYST
    • COMPANY SECRETARY
    • COST & MANAGEMENT ACCOUNTANT
    • FINANCIAL ANALYST
    • DATA ANALYTICS
    FOR ANY QUESTIONS AND
    CONCERNS:

    PLEASE FEEL FREE TO CONNECT WITH ME @

    karishma.ahuja@khaitanpublicschool.com

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