ACCOUNTANCY PART-I CLASS 11

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An important part of any business organisation is the money that comes in and the money that goes out. Every bit of monetary inflow and outflow needs to be tracked and accounted for.

This course is intended to develop understanding:

1. Systematically recording the accounting transactions, accountants determine the profitability of a business, perform financial forecasts and assess the overall performance of a business enterprise.
2. How can the credibility and usefulness of accounting and financial information be ensured? Or Why accounting and finance are the key elements for a business entity?
3. To understand how accounting operates through Generally Accepted Accounting Principles, accounting standards and structured rules and procedures.

This course will help the aspiring accountants, like you, to strengthen the conceptual base in accounting through variety of e-resources like video lectures, enrichment materials for supplementing textbooks, self assessment inventory and checklist, external weblinks and many more activities for smooth progression and joyful learning.

Course Coordinator

Prof. Shipra Vaidya

DESS, NCERT, New Delhi

Genesis

Central Institute of Educational Technology (CIET) is a constituent unit of the National Council of Educational Research and Training (NCERT), an autonomous organization under the Ministry of Human Resources Development, Government of India. Established in 1984 with the merger of the Center of Educational Technology (1973) and Department of Teaching Aids (1959), its chief aim is to promote Educational Technology especially mass media singly or in combinations (multimedia packages) to extend educational opportunities and improve quality of educational processes at the school level.