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CUET Accounts Syllabus 2023: Everything to know about the 2023 CUET accounts exam!

CUET Accounts Syllabus 2023

Last updated on February 16th, 2023 at 12:50 am

 The CUET Accounts Syllabus 2023 has been released with numerous guidelines and dates of examination. It is an entrance examination that takes place all over India. Candidates who pass this exam get admission to various universities for pursuing their choice of degree/diploma. Accounts is a domain subject that many students opt for while appearing for this exam. It is important to check the CUET accountancy syllabus 2023 if you want to ace the exam. Along with that, check the exam pattern and the previous year’s questions as well. 

CUET Accounts Syllabus 2023

The official website has published the CUET Accounts Syllabus 2023. From the academic year 2023-24, the syllabus will be implemented. Interested students who have taken accounts as their domain subject can download the CUET Accounts syllabus PDF in English as well as in Hindi. Furthermore, a topic-wise table has been attached in this section to get a clear idea. 



Topic

Unit

Sub-Topic

Details 

Accounting for Not-for-Profit Organisations and Partnership Firms

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.


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.

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 Capitalisation 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).

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)

Company Accounts and Financial Statement Analysis

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.

VI

  • 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.

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).

Computerized Accounting System

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.

II

Using Computerised 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.)

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.

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.

Check the latest updates below-

CUET Business Studies Syllabus 2023CUET Biology Syllabus 2023CUET Agriculture Syllabus 2023
CUET Entrepreneurship SyllabusCUET Mass Media Communication Syllabus 2023CUET Sociology Syllabus 2023
CUET Anthropology Syllabus 2023CUET Legal Studies Syllabus 2023CUET Computer Science Syllabus 2023

CUET Accounts Books – Expert Recommended List

CUET accountancy exam can be tough for students if they are not well-prepared. Candidates should always refer to more than one book to ace entrance examinations like the CUET. We have thus shared an expert-recommended list of accounts books for CUET aspirants. After you have gone through the CUET accounts syllabus 2023, consider referring to this list of books. 

Name of the BookAuthorPublisher
Double Entry Book KeepingT.S Agarwal
Accountancy classBanerjee B. K.Arya Publications
Accounting Made EasyMike PiperTata McGraw Hill Education
Accounting for ManagementSK MaheswariVikas Publishing House
Rapid Revision in Accountancy 12th EditionWason V. S. Chand S Chand Publishing

CUET Accounts Preparation Tips

Once students have covered the CUET accounts domain syllabus, it is important to start preparing for the examination. For that, students can follow the tips mentioned below. 

CUET Accounts Syllabus 2023: FAQs

How can I get the CUET accounts syllabus 2023? 

To get the CUET Accounts Syllabus 2023, students must check the official website of CUET or refer to this article. 

What topics are included in CUET accounts syllabus 2023? 

The accounts syllabus for CUET 2023 is huge and covers various topics including Accounting for Not-for-Profit Organisations and Partnership Firms, Company Accounts and Financial Statement Analysis and Computerized Accounting System.

What is the difficulty level of CUET accounts exam? 

The CUET accounts exam is not difficult as other competitive exams. But depending on the number of candidates appearing for this exam, the cutoff marks may vary. 

Are CUCET and CUET same?

Yes, the board has switched the CUCET exam to CUET.

How many questions are asked from the accountancy subject for CUET exam? 

50 questions will come from the accountancy subject for CUET exam.