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CUET Accountancy Syllabus 2024: Download Syllabus PDF, Exam Pattern, Important Books & Previous Year Papers

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Farjana Basir

Content Writer | Updated On - Aug 30, 2024

CUET Accountancy Syllabus 2024 mentions the detailed topics that are required for the examination. The Accountancy syllabus for CUET is divided into three sections and 11 units in total.

Accounting for not-for-profit organisations and partnership firms, Company accounts and financial statement analysis, and Computerization Accounting System are three main categories of the syllabus. Note that no changes have been made in CUET 2024 Accountancy syllabus. The syllabus is completely based on class 12 chapters.

CUET 2024 will be conducted in Hybrid mode (Computer-Based Test / Pen & Paper). 50 multiple choice questions will be asked in CUET accountancy paper out of which 40 questions should be answered in 60 minutes. Each correct answer carries 5 marks and since the exam has negative marking, one mark will be deducted for each incorrect answer.

The National Testing Agency conducts Common University Entrance Test (CUET) for the undergraduate programs. You can aim for B.Com and B.Com (Hons) programs through CUET accountancy 2024 paper.

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CUET Accountancy Syllabus

CUET Accountancy Syllabus 2024

Accounting For Not-For-Profit Organizations And Partnership Firms

Unit Syllabus
Unit 1: Accounting Not-for-Profit Organisation
  • Not-for-profit organisation: Meaning & Examples
  • Receipts & Payments: Meaning and Concept of fund-based and non-fund-based accounting.
  • Preparation of Income and Expenditure account and balance sheet from receipt and payment account with additional information.
Unit 2 : Accounting for Partnership
  • Nature of Partnership Firm - Partnership deed (meaning and importance)
  • Final Account of Partnership: Fixed vs Fluctuating capital, Division of profit among partners, Profit and loss appropriation account.
Unit 3 : Reconstitution of Partnership Changes in profit sharing ratio among the existing partners - Sacrificing ratio and Gaining ratio
  • Accounting for revaluation of assets and liabilities and distribution of reserves and accumulated profit.
  • Goodwill : Nature, Factors affecting and Methods of valuation: average profit, super profit, multiplier, and capitalization methods.
  • Admission of a partner: Effect of admission of a partner, change in profit sharing ratio, the accounting treatment for goodwill, Revaluation of assets and liabilities, Reserves (accumulated profits), and adjustment of capitals.
  • Retirement or Death of a partner: Change in profit sharing ratio, accounting treatment of goodwill, revaluation of assets and liabilities, adjustment of accumulated profits (Reserves).
Unit 4: Dissolution of Partnership Firm
  • Meaning, Settlement of accounts: Preparation of realisation account and related accounts (excluding piecemeal distribution, sale to a company and insolvency of a partner)

Company Accounts and Financial Statement Analysis

Unit Syllabus
UNIT 5 : Accounting for share and debenture capital
  • Meaning, nature and types of Share Capital.
  • Accounting for share capital: Issue and Allotment of equity and preferences shares; Over subscription and under subscription; Issue at par, premium and at a discount; Calls in advance, Calls in arrears, Issue of shares for consideration other than cash.
  • Forfeiture of Shares: Accounting treatment, Re-issue of forfeited shares.
  • Presentation of shares and debentures capital in the company’s balance sheet.
  • Issue of Debenture- At par, premium and discount; Issue of debentures for consideration other than cash.
  • Redemption of the debenture.
  • Out of proceeds of fresh issue, accumulated profits, and sinking fund.
Unit 6: Analysis of financial statements
  • Financial statements of a company: Preparation of simple financial statements of a company in the prescribed form with major headings only.
  • Financial Analysis: Meaning, significance, purpose, limitations.
  • Tools for financial analysis: Comparative statements, common size statements.
  • Accounting Ratios: Meaning and objectives, Types of ratio: Liquidity ratios, Solvency ratio, Activity ratio, Profitability ratio
Unit 7: Statement of Changes in Financial Position Cash flow statement: Meaning and Objectives, preparation, adjustments related to depreciation, dividend and tax, sale and purchase of non-current assets (as per revised standard issued by ICAI).

Computerization Accounting System

Unit Syllabus
Unit 1: Overview of Computerised Accounting System
  • Concept and types of computerised accounting system (CAS).
  • Features and structure of Computerised Accounting System.
Unit 2: Using Computerised Accounting System
  • CAS installation steps, preparation of chart of accounts, codification, and Hierarchy of account heads.
  • Data Entry, Data Validation, and Data Verification.
  • Adjusting entries, preparation of financial statements, closing entries, and opening entries.
  • Security of CAS and security features are generally available in CAS.
Unit 3: Accounting using Database Management System (DBMS)
  • DBMS Concepts, Objects in DBMS: Tables, queries, forms, reports.
  • Creating data tables for accounting.
  • Using queries, forms, and reports for generating accounting information. Applications of DBMS in generating accounting information such as shareholders’ records, sales reports, customers’ profiles, suppliers’ profiles payroll, employees’ profiles, and petty cash registers.
Unit 4: Accounting Applications of Electronic Spreadsheet
  • Concept of an Electronic Spreadsheet (ES).
  • Features offered by Electronic Spreadsheet.
  • Applications of Electronic spreadsheet in generating accounting information, preparing depreciation schedules, Loan repayment schedules, payroll accounting and other such company.

CUET Accountancy Exam Pattern

CUET 2024 Accountancy Exam Pattern

Particulars Details
Total Number of Questions 50
Number of Questions to attempt 40
Marks for Each Correct Answer +5
Mark deduction for Each Wrong Answer -1
Test Duration 60 minutes
Mode of Examination Hybrid (CBT/  Pen and Paper)
Question Type Multiple Type Questions (MCQs)
Medium of Exam Thirteen Languages (English, Hindi, Bengali, Punjabi, Gujarati, Urdu, Tamil, Telugu, Malayalam, Kannada, Assamese, Odia, Marathi)

CUET Accountancy Important Books

CUET 2024 Accountancy Important Books

CUET Accountancy Books Authors
Handbook of Accountancy Arihant
Accountancy Class D.K. Goel
Accountancy I and II (Class 11 and Class 12) NCERT
Accounting for Management Srivastava and Sakthivel Murugen
Double Entry Bookkeeping T.S. Grewal
Rapid Revision in Accountancy (12th Edition) S. Chand

CUET Accountancy Preparation Tips

CUET 2024 Accountancy Preparation Tips & Previous Year Papers

The given preparation tips will help you approaching the syllabus in correct manner to score in the examination:

  • Syllabus, Exam pattern and Previous Year Papers: Read and understand CUET Accountancy syllabus, exam pattern thoroughly. Go through previous year papers to have an idea of difficulty level and question approach.
  • Study Material: Good Accountancy books are required for the preparation. You can also study from the online lectures through various classes on the internet for free. They provide you an idea of how much you need to cover to pass the exam with high scores.
  • Mock Test and Practice: Solve one mock test every three days. Solve mock tests with set timing and evaluate yourself. Focus on accounting problems and be consistent with your studies.
  • Revision: Do not forget to revise what you have learned. Revise notes and highlighted points regularly.

CUET Accountancy Previous Year Paper

CUET Previous Year Papers Download Link
CUET 2023 Question Paper Click Here
CUET 2022 Question Paper Click Here

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Frequently Asked Questions

CUET Accountancy Syllabus FAQ

Ques. What topics are covered in the CUET Accountancy exam?

Ans. The syllabus covers accounting for not-for-profit organizations, partnership firms, and basic accounting concepts.

Ques. Is the CUET Accountancy exam syllabus similar to the class 12th board syllabus?

Ans. While the syllabus shares some similarities, it's not entirely identical. Referring to the official CUET website for the specific syllabus is recommended.

Ques. What are the specific units covered in the CUET Accountancy syllabus?

Ans. Common units include: Accounting for Not-for-Profit Organizations: Definition, receipts and payments, income & expenditure account, balance sheet. Accounting for Partnership Firms: Nature, final accounts, reconstitution of partnership.

Ques. How difficult is the CUET Accountancy exam?

Ans. The difficulty level is generally considered moderate, assuming familiarity with basic accounting principles.

Ques. What type of questions are asked on the CUET Accountancy exam?

Ans. The exam consists of multiple-choice questions (MCQs).

Ques. How many questions are there CUET Accountancy exam?

Ans. The question paper will have 50 questions, but you only need to answer 40.

Ques. What resources can I use to prepare for the CUET Accountancy exam?

Ans. Utilize official CUET resources, sample papers, mock tests, and recommended textbooks or study guides.

Ques. Is coaching necessary for the CUET Accountancy exam?

Ans. Coaching is not mandatory, but can be helpful for some students seeking additional guidance and structured learning.


*The article might have information for the previous academic years, which will be updated soon subject to the notification issued by the University/College.

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