CUET Accountancy 2024: Preparation Tips, Scoring Topics, Weightage

Ankita Jha

Updated On: May 14, 2024 11:04 AM | CUET

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: Preparation Tips, Scoring Topics, Weightage

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 CUET 2024 exam will be from May 15- May 24, 2024. NTA has released the admit card for candidates appearing in pen-and-paper exams from May 15- May 18. Candidates must fill in their application number and date of birth to download the admit card through the direct link below.

CUET 2024 Admit Card - Direct Link (Activated)

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 PDF here. The students can check the accountancy syllabus for CUET along with an overview and CUET 2024 Accountancy preparation tips below.

Moreover, the candidates appearing for CUET UG 2024 should download the CUET Exam City Intimation Slip 2024 (Out) that has been released by the NTA recently.

The direct link is provided below:

CUET Exam City Intimation Slip 2024 - Direct Link Activated

Consequently, the CUET UG 2024 exam will be held from May 15, 2024 to May 31, 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 Accountancy Syllabus 2024 (Released) 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:

  1. Accounting for Not-for-Profit Organizations and Partnership Firms

  2. Company Accounts and Financial Statement Analysis.

  3. 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

  • Accounting for not-for-profit organisations

  • Accounting for partnerships

  • Reconstitution of partnership

  • Dissolution of partnership firm

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 computerised accounting system

  • Using computerised accounting system

  • Accounting using database management system (DBMS)

  • Accounting applications of electronic spreadsheet

Also Read : CUET Exam Pattern 2024 (Revised)

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.

For more information and updates on CUET 2024, stay tuned to CollegeDekho !

Are you feeling lost and unsure about what career path to take after completing 12th standard?

Say goodbye to confusion and hello to a bright future!

news_cta

CUET Previous Year Question Paper

CUET_Chemistry_Solved_2023

CUET_Biology_Solved_2023

CUET_English_Solved_2023

CUET_business_studies_Solved_2023

CUET_Accountancy_Solved_2023

CUET_Computer_Solved_2023

/articles/cuet-accountancy-preparation-tips-scoring-topics-weightage/
View All Questions

Related Questions

What is the LPU NIRF Ranking?

-VaniUpdated on December 21, 2024 04:12 PM
  • 28 Answers
Vidushi Sharma, Student / Alumni

As of the latest available data, Lovely Professional University (LPU) is ranked among the top private universities in India by the National Institutional Ranking Framework (NIRF) in various categories such as Engineering, Management, and University. LPU has consistently been recognized for its infrastructure, research initiatives, and academic quality. However, specific rankings can vary yearly, depending on factors like faculty quality, student satisfaction, research output, and industry partnerships. For the most accurate and up-to-date NIRF rankings, it’s recommended to visit the official NIRF website or LPU’s official portal for their current standing.

READ MORE...

I have 52% marks in class 12, can I get admission in LPU BTech Information Technology? I am OBC category.

-VarshaUpdated on December 22, 2024 12:54 AM
  • 11 Answers
Priyanka karmakar, Student / Alumni

Hi Dear, as per LPU criteria for BTECH in IT program You need minimum 60% marks in 10+2 apart from that If you are Kashmiri Migrants or belong from North East and Sikkim candidates or Defence Personnel then you are eligible for 5% relaxation. But if you want further eligibility criteria information you can visit the LPU official website to reach the administrative via toll-free number or you can mail in admissions@lpu.co.in to get the confirmation. I hope this helps thanks.

READ MORE...

Can you help me with LPU marksheet download?

-Khushi ChaudhariUpdated on December 20, 2024 09:39 AM
  • 16 Answers
Pooja, Student / Alumni

You can down load your marksheet from UMS.you have tolog in with your student id and download your result from there.

READ MORE...

Do you have a question? Ask us.

  • Typical response between 24-48 hours

  • Get personalized response

  • Free of Cost

  • Access to community

Recent Articles

Subscribe to CollegeDekho News

By proceeding ahead you expressly agree to the CollegeDekho terms of use and privacy policy

Top 10 Science Colleges in India

View All
Top