CUET Accountancy 2024: Preparation Tips, Scoring Topics, Weightage
CUET Accountancy 2024 preparation tips will help candidates in scoring good marks in the CUET 2024 exam. Candidates can check CUET Accountancy 2024 preparation tips, scoring topics, weightage in this article.
CUET Accountancy 2024 as an academic subject covers an extensive area. Accountancy is one of the most popular courses that students look out for through the CUET 2024 exam. The job and career options after doing a course in accountancy is very high as one can be part of any organization as accountants are required in every field. The students of accountancy are trained in Computing, Record Keeping, and Analytical Abilities. To score well in CUET Accountancy 2024, students can check the Accountancy CUET syllabus 2024 here. The students can check the accountancy syllabus for CUET along with an overview and CUET 2024 Accountancy preparation tips below.
However, it is a must for candidates appearing for CUET UG 2024 to fill in the application form and submit it before the deadline. The CUET UG 2024 will be conducted on May 15 to May 31, 2024. Candidates who are planning to appear in the exam must check the CUET Application Form 2024. Also, CUET Application Form 2024 deadline has been extended to March 31, 2024, at 9:50 PM. The CUET UG 2024 application correction window will open on April 2, 2024. Candidates can edit their application forms until April 3, 2024.
Continue reading for CUET Accountancy 2024 Preparation Tips, Scoring Topics, and Weightage!
CUET Accountancy Syllabus 2024
It is important for the students to have a complete idea about the CUET 2024 accountancy syllabus so that they can prepare and perform well in the CUET 2024 exam. There are three major topics that cover the CUET Accountancy syllabus 2024. These topics have further been divided into sub-topics as mentioned in the table given below. The three sections in CUET Accountancy Syllabus 2024 are provided below:
Accounting for Not-for-Profit Organizations and Partnership Firms
Company Accounts and Financial Statement Analysis.
Computerised accounting system.
The detailed CUET Accountancy 2024 syllabus has been discussed as under.
UNIT | TOPIC | SUB-TOPICS |
|---|---|---|
1 | Accounting for not-for-profit Organisations and partnership firms |
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2 | Company accounts and financial statement analysis |
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3 | Computerized accounting system |
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Also Read: CUET Exam Pattern 2024
CUET Accountancy 2024 Preparation Tips
Preparation is the key element behind the success of any examination. Sometimes, one gets confused and lost because of a lack of proper ideas about what to study and how to study. The students must know how to prepare for CUET exam 2024 and also some of the important CUET 2024 Accountancy preparation tips for qualifying CUET accountancy 2024 examination as mentioned below:
Knowing the Syllabus: One of the most important factors in CUET 2024 Accountancy preparation tips is going through the syllabus in detail and preparing accordingly. The students must know the content of the syllabus and weightage of each unit and focus on their studies accordingly.
Strengths and Weakness: One must identify their strength and weakness and make their study plan accordingly. The students make plans and devote time to all the topics and must spare time for revision and practice.
Time Management: The students must go through the examination pattern and learn the art of time management for different sections. They must be able to attempt all the questions in the given time frame.
Previous Year Questions and Mock Tests: The CUET mock test 2024 and solving year question paper is always beneficial. It not only enhances the confidence of the students but also allows the students to analyze their strengths and weaknesses and devote more time to the topics that they have not been able to attempt. Solving more and more mock tests will boost the confidence and time management of the students.
Practice and Revision: Practice is something that the students’ should keep doing till the very last day of the examination. Revision of the notes and important topics should also be done and one must reserve time for revising the entire concept. The more you revise, solve sample questions, and take mock tests, the more confidence and boldness you will develop within yourself. The students will be more familiar with the accountancy syllabus by revising them again and again for CUET 2024.
CUET Accountancy 2024 Scoring Topics and Weightage
In order to score well, it is very crucial to keep a tap on scoring topics for each subject and weightage assigned for each topic. Some of the scoring topics and CUET 2024 accountancy topic weightage are mentioned in the table below.
Topics | Weightage in Percentage |
|---|---|
Not-for-profit organization: Meaning and Examples | 5% |
Receipts and Payments: Meaning and Concept of fund-based and non-fund-based accounting | 7% |
Preparation of Income and Expenditure Account and Balance sheet from receipt and payment account with additional information | 8% |
Nature of Partnership Firm: Partnership deed | 6% |
Final Accounts of Partnership: Fixed v/s Fluctuating capital, Division of profit among partners, Profit, and Loss Appropriation account | 8% |
Changes in profit sharing ratio among the existing partners – Sacrificing ratio and Gaining ratio | 10% |
Accounting for Revaluation of Assets and Liabilities and Distribution of reserves and accumulated profits | 10% |
Goodwill: Nature, Factors affecting and Methods of valuation: Average profit, Super profit, Multiplier, and Capitalization methods | 10% |
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 | 12% |
Retirement/Death of a Partner: Change in profit sharing ratio, Accounting treatment of goodwill, Revaluation of assets and liabilities, Adjustment of accumulated profits | 12% |
Meaning, Settlement of Accounts: Preparation of realization account and related accounts (excluding piecemeal distribution, sale to a company, and insolvency of a partner) | 12% |
How to Score Good Marks in CUET Accountancy 2024?
The student's goal should be to maximize their score in the CUET accountancy domain. It is essential that the students must set a definite target and start their preparation accordingly.
Right Time to Begin – One must start their preparation as soon as possible. It is advised that one must begin their preparation latest by October month.
Selection of the Topic – Select the correct topic that you want to study. Selection should be made as per the type of questions that are asked more frequently in the accountancy exam conducted by CUET.
Concept Clarity - Clear your concepts because the questions may vary little from previous years and mock papers but the basic concepts remain the same.
Consistency - Being consistent is the key. One must adhere to the routine and time table set and must read consistently.
Believe in Yourself - Be confident in whatever you have studied and attempt all questions without doubt.
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