CUET Exam Accounting Syllabus 2022, Check Unit Wise Accounting Syllabus

Safalta Expert Published by: Gaurav Gaurav Updated Tue, 23 Aug 2022 02:52 PM IST

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 One of the biggest and most significant exams of 2022 is the CUET. One of the various topics in Section-II is accounting (Domain Specific Subject). Accounting is the measurement, processing, and exchange of financial and non-financial information regarding economic entities, such as firms and corporations. We shall go over the CUET Accountancy Syllabus in the content that is supplied below. One test will consist of 50 questions, of which 40 must be answered correctly.  CUET Foundation Course (Free) by Safalta Experts: Enroll now and prepare under the guidance of the best faculty!

Table of Content


Accounting Syllabus for CUET 2022

There are a total of 11 sections in the CUET Accountancy course.

Source: Safalta

There are 11 sections in all, and each section has multiple sub-sections that are almost equally important in the paper. There are 7 portions in Part 1 (both 1A and 1B), while the remaining 4 sections are in Part 2. Ideally, a candidate should give each of these components the same amount of preparation and focus. 

You may also read Our Free E-Books For Last Minute Revision:
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Unit-wise CUET Accounting Syllabus 2022

The CUET Accountancy Syllabus might be challenging to understand if the section-wise list of subjects is not analyzed. We'll go through the CUET Accountancy syllabus and the subjects included in the organized table below.



Part 1A: Accounting for Not-for-Profit Organisations and Partnership Firms 

Unit I: Accounting Not-for-Profit Organisation 

• Not-for-profit organization: Meaning and Examples. 

• Receipts and 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 II: Accounting for Partnership 

• Nature of Partnership Firm: Partnership deed (meaning, importance). 

• Final Accounts of Partnership: Fixed v/s Fluctuating capital, Division of profit among partners, Profit, and Loss Appropriation account. 

Unit III: 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 profits. 

• 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/Death of a Partner: Change in profit sharing ratio, Accounting treatment of goodwill, Revaluation of assets and liabilities, Adjustment of accumulated profits (Reserves). 

Unit IV: Dissolution of Partnership Firm 

• Meaning, Settlement of accounts: Preparation of realization account and related accounts (excluding piecemeal distribution, sale to a company, and insolvency of a partner) 

Part 1B: Company Accounts and Financial Statement Analysis 

Unit V: Accounting for Share and Debenture Capital 

• Share Capital: Meaning, Nature, and Types. 

• Accounting for Share Capital: Issue and Allotment of Equity and Preference Shares; Oversubscription and Under subscription; Issue at par, premium, and at 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 VI: 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 ratios: 

• Liquidity Ratios: Current ratio, Liquidity ratio. 

• Solvency Ratio: Debt to equity, Total assets to debt, Proprietary ratio. 

• Activity Ratio: Inventory turnover, Debtors turnover, Payables turnover, Working capital turnover, Fixed assets turnover, Current assets turnover. 

• Profitability Ratio: Gross profit, Operating ratio, Net profit ratio, Return on Investment, Earning per Share, Dividend per Share, Profit Earning ratio. 

Unit VII: 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). 

Part 2: Computerized Accounting System 

Unit I: Overview of Computerised Accounting System 

• Concept and Types of Computerised Accounting System (CAS). 

• Features of a Computerised Accounting System. 

• Structure of a Computerised Accounting System. 

Unit II: Using Computerized Accounting System 

• Steps in the installation of CAS, 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 (Students are expected to understand and practice the entire accounting process using an accounting package.) 

Unit III: Accounting Using Database Management System (DBMS) 

• Concepts of DBMS.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 IV: 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 

You may also read:

Will CUET include computerised accounting?

Computerized Accounting System has 4 units, while Accounting for Partnership Firms and Not-for-Profit Organizations has 7 units. What are the qualifications for the CUET in Accounting and Bookkeeping? The minimum requirement for the CUET Accountancy and Bookkeeping is a 50% grade in 10+2 Commerce.

What is the CUET test syllabus?

The questions in Part A of the CUET 2022 Exam are from the sections- English, Numerical Aptitude, Data Interpretation, Analytical Skills, Reasoning, General Aptitude, and General Knowledge.

Is CUET same for all courses?

The Class 12 syllabus is the same as the CUET(CUCET) syllabus for 2022. Students who have studied for and taken the Board exams or other national-level competitive admission examinations like JEE Main or NEET will find it simple to finish and understand the CUET 2022 syllabus.

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