NIOS SYLLABUS Subject Name:Accountancy

NIOS 
Subject Name:Accountancy
Subject Code No. 320
Introduction
Owners of an enterprise record financial information to analyse profits. In order to measure the
performance of a company, owners require accounting data. Entrepreneurs require capital to start
and run a business. If capital is to be raised from banks, then financial statements are to be given to
them. Management of every business is done on the basis of financial information given by accountants.
Because of this importance of Accounting in organisations, we have introduced Accounting as a
course at Higher Secondary Level. This course gives a clear explanation of the activities done by an
accountant. The curriculum in Accountancy has been designed to help specific needs of NIO learners.
The main areas covered relates to the daily working environment of the Accountant learners. The
course contains seven modules.
Rationale
The last decade has witnessed tremendous changes in business education. The liberalization and
globalization have been the primary cause for such changes. With the fast changing economic scenario, the elementary business education along with Accountancy ‘as a language of business’ is gaining its importance. The curriculum in Accountancy provides a firm foundation in basic accounting concepts and also keeps them informed of changes in its methodology concerning particular aspects of the subject. The thrust of the course follows new trends in accounting practices and developing a basic understanding of the nature and purpose of the accounting information and reporting. Further,information technology has occupied a vital place in business activities.Therefore, a lesson designed on computer and computerized accounting shall expose the learners to the basic knowledge about the utility of computers in the business world. The course in Accountancy will prepare learners to
logically analyse, evaluate and respond to changes which affect business operations. It opens the
doors for higher education as well as sharpens the skills for those who are going for self-employment.

Objectives
After completing this course, the learner will be able to:
 recall basic accounting terminology;
 record business transactions;
 prepare Journal, Ledger and Trial Balance;
 prepare the financial statements and to do analysis of it;
 construct Depreciation Account using different methods;
 develop skill in preparing Partnership accounts ;
 explain and prepare Company Accounts; and
 understand the need, importance and advantages of computerized accounting .

Scope and job opportunity
This field has a large number of opportunities for employment, some of these are:
 career in the field of Accounts Manager
 career in the field of Chartered Accountant
 career in the field of Management Consultant
 career in the field of Teaching

Eligibility conditions
Age: 15 Years
Qualification:10th Pass

Medium of instruction: Hindi, English, Urdu, Bengali, Gujarati and Odia
Duration of the course: 1 Year

Weightage
Theory: 100 Marks
Tutor Marked Assignment (TMA): 20% Marks of theory
Scheme of studies: Theory (250 hours), TMA (self paced)
Scheme of evaluation: Theory paper 100 marks (3 hours), internal assessment (TMA) (20% of
theory marks)
Pass criteria: 33% marks in theory

Course content
PART –A

Module-I
Basic Accounting
1. Accounting - An
Introduction
2. Accounting Concepts
3. Accounting
Conventions and
Standards
4. Accounting for
Business
Transactions
5. Journal
6. Ledger
7. Cash book
8. Special Purpose book

Module-II
Trial Balance and
Computers
9. Trial balance
10. Bank Reconciliation
Statement
11. Bills of Exchange
12. Errors and Their
Rectification
13. Computers and
Computerised
Accounting System

Module-III
Financial Statements
14. Depreciation
15. Provision and
Reserves
16. Financial Statement -
An Introduction
17. Financial Statements-I
18. Financial Statements-II
19. Not for Profit
Organisations - An
Introduction
20. Financial Statements
(Not for Profit
Organisation)
21. Accounts From
Incomplete Records

Module-IV
Partnership Accounts
22. Partnership - An
Introduction
23. Admission of
Partners
24. Retirement and Death
of a Partner
25. Dissolution of
Partnership Firm

 Module-V
Company Accounts
26. Company - An
Introduction
27. Issue of Shares
28. Forfeiture of Shares
29. Reissue of Forfeited
Shares
30. Issue of Debentures

 Module-VI
Analysis of Financial
Statements
31. Financial Statements
Analysis - An
Introduction
32. Accounting Ratios – I
33. Accounting Ratios - II
34. Cash Flow Statement
PART – B
Module-VII
Application of
Computers in Financial
Accounting
35. Electronic Spread
Sheet
36. Use of Spreadsheet in
Business Application
37. Graphs And Charts
for Business
38. Data Base
Management System
for Accounting


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