CUET 2024 Accountancy Syllabus

The NTA administers the Common University Entrance Test (CUET), a centralized exam, to applicants for undergraduate admissions throughout India. It will serve as the entrance point for a range of UG programs at more than 250 participating universities. The country's UG admissions process has been entirely redesigned thanks to the CUET. Students who want to take accounting as their UG subject at any of the best universities should review the comprehensive CUET accountancy syllabus. Students can create a proper plan for preparing accountancy for the CUET by going over the accounts syllabus for CUET 2024. Students can ace the CUET 2024 preparation exam and gain admission to the college of their choice with a focused study plan and successful CUET preparation technique of course.

Accountancy is one of the most sought-after domain subjects from the commerce stream in section II of the CUET exam. The CUET accountancy syllabus for 2024 is concise and brief, aspiring students should be able to cover it conveniently. However, it is a very important and exciting subject choice that inspires students to take it up at the UG level. The subject will be a test of a student's recording, computing, and analytic abilities.

This article will provide a brief overview of how to prepare for the CUET in accountancy, as well as a brief discussion of the entire accountancy syllabus. Students who have a thorough understanding of the syllabus and prepare well will be able to achieve the highest possible test scores.

CUET 2024 Accounting Curriculum

There are three primary units in the accounting syllabus for CUET 2024 that cover the entire curriculum. There are more topics and chapters that are included within these three units. Students who wish to continue with their CUET accounting preparation must thoroughly review and comprehend the comprehensive CUET accountancy syllabus.

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The three broad units are:

  • Accounting for not-for-profit organizations and partnership firms
  • Company accounts and financial statement analysis.
  • Computerized accounting system.

BOOK 1

BOOK 2

  Chapter 1 Accounting for Partnership: Basic Concepts

  Chapter 2 Reconstitution of a Partnership Firm –    Admission of a Partner

  Chapter 3 Reconstitution of a Partnership Firm –Retirement/Death of a Partner

  Chapter 4 Dissolution of Partnership Firm

   Chapter 1 Accounting for Share Capital

   Chapter 2 Issue and Redemption of Debentures

   Chapter 3 Financial Statements of a Company

   Chapter 4 Analysis of Financial Statements

   Chapter 5 Accounting Ratios

   Chapter 6 Cash Flow Statement

 

The foundational knowledge of financial accounting and related concepts that candidates possess are evaluated through the CUET Accounts syllabus. Additionally, it assesses numerical abilities, encompassing the utilization of accounting procedures. Examine past year's CUET accounts question papers to get an idea of how tough the test will be for candidates. Examine the key subjects that the CUET Accounts curriculum for business students covers:

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UNIT

Units

Chapters

1

Accounting for not-for-profit organizations and partnership firms

  • Accounting for not-for-profit organizations
  • Accounting for partnerships
  • Reconstitution of partnership
  • Dissolution of partnership firms

2

Company accounts and financial statement analysis

  • Accounting for share and debenture capital
  • Analysis of financial statements
  • Statement of changes in financial position

3

Computerized accounting system

  • Overview of computerized accounting system
  • Using a computerized accounting system
  • Accounting using a database management system (DBMS)
  • Accounting applications of electronic spreadsheet

Let's first examine the anticipated format and marking scheme for the accounting question paper in the CUET 2024. This will give the students a quick rundown of the CUET 2024 accountancy paper.

A few key points regarding CUET accounting are as follows:

  • There will be 50 questions on the exam, 40 of which must be answered.
  • The paper will take a total of sixty minutes.
  • The maximum score is 200, with +5 points awarded for right answers and 1 point taken away for each incorrect response.
  • Computer-based objective question types (MCQs) will be used.

How should an accountant get ready for the CUET?

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Sometimes, students may become disoriented and confused while studying for competitive exams. The process of getting ready could seem overwhelming if you don't know where to start or how to tackle the CUET accountancy syllabus.

Since we previously reviewed the comprehensive accounting curriculum for CUET 2024 in the previous section, let's now go over a step-by-step plan for getting ready for the exam. It will assist the students in preparing for the CUET accountancy exam and help them get the best possible test scores.

CUET accounting exam preparation approach:

Step 1: Read and understand the entire curriculum for the CUET accountancy. This will provide a quick overview of all the specifics of the syllabus in addition to the weightage of each unit. Based on this information, students can plan their preparatory timetable accordingly.

STEP 2: Assess your strengths and weaknesses and create a study schedule that will enable you to complete all of the accounting syllabus units for the CUET 2024 exam on time, plus a little extra time for practice and revision.

Step 3: Rewrite the chapters and units that a student is not as sure about. Don't get overwhelmed; instead, give those chapters or sections a little more time. Students who practice will always perform better, have more confidence in themselves, and stay on course.

STEP 4: Solve sample papers, previous year's question paper, and take mock tests as many as possible. Mock tests will help students rehearse and make them exam-ready. This will also give a good idea about how students have to manage their time on the exam day.

There is no better way to get an exam kind of feeling before the actual exam than a mock test. So, this is a must.

The more one studies the CUET accountancy syllabus, completes practice questions, and takes mock exams, the more prepared they will be for the CUET 2024 competition. Students will be even more assisted in demonstrating their abilities and achieving high exam scores as a result of this.

Learn about the CUET accounting syllabus and put in your best effort to prepare. Aspiring students can achieve excellence in their CUET accountancy preparation with persistent work and a disciplined approach.

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Best Regards
Team EDUPREPARATOR!