Overview
COURSE DESCRIPTION
Strengthen your accounting expertise with our Accountancy 1st Elective (Compulsory) – Paper II course, specially designed as per the CHSE (Council of Higher Secondary Education, Odisha) syllabus. This course focuses on building advanced accounting knowledge, practical problem-solving skills, and exam readiness for Class XII students.
It is structured to help learners understand complex accounting concepts with clarity while ensuring strong performance in board examinations.
🎯 What You Will Learn
- Advanced Accounting Concepts
- In-depth understanding of financial accounting principles
- Application of accounting standards in practical scenarios
- Corporate Accounting
- Issue and redemption of shares and debentures
- Preparation of company financial statements
-
Special Accounting Areas
- Accounting for non-trading organizations
- Accounts from incomplete records
🚀 Course Highlights
- 📚 Concept-driven learning with detailed explanations
- 🧠 Focus on numerical problem-solving and accuracy
- 📝 CHSE-based questions, previous year questions & practice sets
- 📊 Regular tests and performance tracking
- 📂 Easy-to-understand notes and revision materials
- 🎯 Exam-oriented approach to maximize scores
LEARNING OUTCOMES
📈 Learning Outcomes
By the end of this course, students will be able to:
- Apply advanced accounting concepts confidently
- Prepare and analyze company financial statements
- Solve complex numerical problems accurately
- Interpret financial data for decision-making
- Perform well in CHSE board examinations
Course Features
- Lectures 32
- Quiz 0
- Duration 55 hours
- Skill level All levels
- Language English
- Students 27
- Assessments Yes
Curriculum
- 9 Sections
- 32 Lessons
- Lifetime
- Introduction to Capital and Revenue Transaction2
- Sole Trade form of Organization2
- Final Accounts with Adjustments4
- 3.1Outstanding expenses, Prepaid expenses, Accrued income, Income received in advance,
- 3.2Adjustment related to Interest on Capital and Drawings, Depreciation and Closing Stock
- 3.3Adjustment related to Bad debts, Provision for doubtful debts, Provision for discount on Debtor, Creditor
- 3.4Adjustment related to Manager’s Commission, Goods distributed as free samples and Goods taken by the owner for personal use,
- Not for Profit organizations4
- Accounting for Depreciation3
- Accounting from Incomplete Records (Single Entry System)2
- Accounting for Partnership Firm9
- 7.1Meaning, Features, Partnership Deed and Provisions of Partnership act 1932 in the absence of partnership deed
- 7.2Fixed vs. Fluctuating Capital accounts
- 7.3Preparation of Profit and Loss Appropriation A/c
- 7.4Goodwill – Meaning, nature and Factors affecting Goodwill
- 7.5Methods of Valuation of Goodwill (Average profit, super profit method and capitalization method)
- 7.6Reconstitution of partnership firm
- 7.7Accounting for revaluation of Assets and Liabilities
- 7.8Accounting for distribution of reserves and accumulated profits and loss.
- 7.9Admission of a Partner – Simple Problems without Adjustment of Capital
- Accounting for Companies5
- 8.1Shares and share capital: Nature and types as per Companies Act, 2013
- 8.2Issue of Shares at par, Premium and Discount
- 8.3Calls in Advance, Calls in Arrear, over subscription and under subscription of shares
- 8.4Accounting for Forfeiture of Shares and re-issue of shares
- 8.5Disclosure of share capital in companies’ balance sheet (Vertical Format).
- Accounting for Debenture1
Instructor
Reviews
You May Like
Fundamental of Entrepreneurship Class XI CHSE
Fundamentals of Entrepreneurship for Class 11 (CHSE – Odisha) is designed to introduce students to the basic concepts of entrepreneurship, business creation, and innovation. This...
Bridge Course for Class 11 Commerce
A WordPress LMS Plugin to create WordPress Learning Management System. Turn your WP to LMS WordPress with Courses, Lessons, Quizzes & more.
Accountancy Code -055 Class XII CBSE
This tutorial will introduce you to PHP, a server-side scripting language you can use to make dynamic websites and web applications.
Business Studies Code – 054 Class XII CBSE
The jQuery team knows all about cross-browser issues, and they have written this knowledge into the jQuery library. jQuery will run exactly the same in...
Economics Code – 030 Class XII CBSE
In this course, We'll learn how to create websites by structuring and styling your pages with HTML and CSS.