Accountancy - Class XI Resources

The following list of online resources are provided as a sample of curated resources. New resources shall be added as we come across interesting and relevant online materials.

1. Enron Scandal

Description: Clip about Enron’s scandal and its implications.

Core Concepts: Roles of accounting in an organization.

Link: Video on the biggest fraud in history

2. Conceptual Framework

Description: Conceptual framework on Accounting.

Core Concepts: It covers whole conceptual frameworks.

Link: PDF on conceptual framework

Description: Users of accounting information.

Core Concepts: Conceptual framework.

Link: Video on conceptual framework

3. Conceptual Framework for Financial Reporting

Description: Purpose conceptual framework for preparing general purpose financial statement.

Core Concepts: Conceptual framework.

Link: Webpage on conceptual framework

4. Rules for Accounting

Description: Debit and credit rules for accounting.

Core Concepts: Rules for accounting.

Link: Webpage on rules of accounting

5. Conceptual Framework

Description: Users of accounting information with some addition to previous one.

Core Concepts: Conceptual framework.

Link: Video on definition of elements of financial statements

6. Elements of Financial Statement

Description: Definitions, recognition, and examples of different elements of financial statements.

Core Concepts: Process for booking 5 elements of financial statement.

Link: Webpage on financial statements

7. Accounting and Auditing Standard Board of Bhutan

Description: Need for Bhutanese Accounting Standards.

Core Concepts: Need for Bhutanese Accounting Standards.

Link: Website of Accounting and Auditing Standard Board of Bhutan

8. Accounting Equation

Description: Process of applying of accounting equation.

Core Concepts: Accounting Equation.

Link: Webpage on fundamental accounting equation

9. Purpose of Financial Statement

Description: Application of accounting equation with examples.

Core Concepts: Applying accounting equation.

Link: Webpage on the basic accounting equation

10. Explanation: Accounting equation

Description: Practicing accounting equation.

Core Concepts: Accounting equation solution.

Link: Webpage on accounting equation

11. Accounting Equation for Self-Learning

Description: Enhancing knowledge on the accounting equation.

Core Concepts: Accounting equation.

Link: Webpage on rules of accounting

12. Accounting Equation Problem

Description: Explore high-order thinking questions on accounting equation.

Core Concepts: Accounting equation.

Link: Webpage on fundamental accounting equation - problems and solutions

13. Source Documents

Description: Source documents used in accounting.

Core Concepts: Source documents in accounting.

Link: Video on source documents

14. Vouchers

Description: Types of and methods of preparing vouchers.

Core Concepts: Vouchers and preparing vouchers.

Link: Video on how to prepare vouchers

15. Posting from Journal to Ledger Accounts

Description: Posting journal entries to ledger accounts and closing of ledger accounts.

Core Concepts: Ledger accounts.

Links:

16. Using a Spreadsheet to Prepare Journal and Ledger

Description: Use of spreadsheet for preparing journal and ledger.

Core Concepts: Journal and ledger combined.

Link: Video on how to make general ledger accounts in excel

17. Common Size Statement

Description: Different methods of posting journal entries.

Core Concepts: Posting from journal to the ledger and trial balance.

Link: Video on how to ledger balance

18. Preparing Trial Balance

Description: Steps to prepare a trial balance.

Core Concepts: Trial balance.

Link: Video on unadjusted trial balance

Description: Errors in the trial balance and ways for rectification.

Core Concepts: Errors in trial balance and rectification of errors.

Links: 

19. Simple Cash Book

Description: Preparation of simple cash book.

Core Concepts: Simple cash book.

Link: Video on recording of transactions

20. Double Column Cash Book

Description: Methods to prepare a double-column cash book.

Core Concepts: Double column cash book.

Link: Video on double column cash book

21. Varieties of Cash Book

Description: Method to prepare petty cash books. It also contains a lesson on preparing cash books using a spreadsheet.

Core Concepts: Petty cash book.

Links: 

22. Spreadsheet and Cash Book

Description: Applying ICT skills and knowledge to prepare cash books.

Core Concepts: Varieties cash book.

Link: Video on how to create cash book in excel

23. Concept of Bank Reconciliation Statement (BRS)

Description: Meaning, needs, objectives of BRS.

Core Concepts: BRS theory.

Link: Video on cashbook and bank reconciliation

24. Causes of Difference

Description: Occurrence of differences in balance between cash book and bank statement.

Core Concepts: BRS.

Link: Video on how to do a bank reconciliation

25. Preparing BRS

Description: Process of preparing BRS in Microsoft excel.

Core Concepts: Preparing BRS.

Link: Video on bank reconciliation- updating the cash book

26. Property, Plant and Equipment

Description: Concept of property, plant and equipment (PP&E).

Core Concepts: Concept of property, plant and equipment.

Link: Webpage on IAS 16 property plant and equipment

27. Capital or Revenue Items

Description: Concept of capital or revenue expenditures.

Core Concepts: Identifying capital and revenue items.

Link: Webpage on double entry bookkeeping

28. Borrowing Cost

Description: Learning material on the concept of borrowing cost.

Core Concepts: Understanding the concept of borrowing cost.

Links: 

29. Measurement of Property, Plant and Equipment

Description: Measurement of property, plant and equipment.

Core Concepts: Understanding the measurement of property, plant and equipment.

Link: Video on property, plant and equipment

30. Depreciation of property, plant and equipment

Description: Learning materials on depreciation of property, plant and equipment.

Core Concepts: Concept of depreciation of property, plant and equipment.

Links: 

31. Spreadsheet to Prepare Depreciation of Property, Plant and Equipment

Description: Preparation of deprecation schedule for property, plant and equipment in spreadsheet.

Core Concepts: Preparation of depreciation schedule and graphical presentation of depreciation on a spreadsheet.

Links: 

32. Financial Statement

Description: Provide scope and definition of the financial statement.

Core Concepts: Concept and features of financial statement.

Link: Webpage on IAS 1- presentation of financial statement

33. Purpose of Financial Statement

Description: Purpose of preparing financial Statement.

Core Concepts: Understanding the purpose of a financial statement.

Links: 

34. Features of Financial Statement

Description: Features or characteristics of a good financial statement.

Core Concepts: Concept of good characteristics of financial statement.

Links: 

35. Capital and Revenue Item

Description: A quiz on capital and revenue expenditure.

Core Concepts: Concept of capital and revenue items.

Link: Webpage on capital or revenue expenditure quiz

36. Income Statement- Concept

Description: Concept of the income statement and practice questions for preparing income statement.

Core Concepts: Concept of income statement (both by nature and by function method).

Links: 

37. Statement of Financial Position

Description: Concept of financial position and consists of practice questions preparing statement of financial position.

Core Concepts: Concept of statement of financial position.

Links: 

38. Statement of Changes in Equity

Description: Concept of statements of changes in equity and consists of practice questions preparing statement of changes in equity.

Core Concepts: Concept of statement of changes in equity.

Links: 

39. Statement of Cash Flow

Description: Concept of statement of cash flow and consists of practice questions for preparing cash flow statement.

Core Concepts: Concept of statement of cash flow.

Links: 

40. Notes to Financial Statement

Description: Concept of notes to Statement of Cash Flow.

Core Concepts: Concept of Notes to Financial Statement.

Link: Video on notes to financial statement

41. Spreadsheet to Prepare Financial Statement

Description: Concept for preparing financial statements using a spreadsheet.

Core Concepts: Familiarization with the use of spreadsheet in preparing Financial Statement.

Link: Video on using excel to prepare financial statements

42. Definition of Management Accounting

Description: Definition and meaning of Management Accounting.

Core Concepts: Concept of management accounting.

Link: Webpage on what is management accounting?

43. Purpose of Management Accounting

Description: The resource provides the purpose of learning Management Accounting.

Core Concepts: Understanding the purpose of Management Accounting.

Link: Webpage on purpose of management accounting

44. Nature and Scope of Management Accounting

Description: The resource provides the nature and scope of Management Accounting.

Core Concepts: Understanding the scope of Management Accounting.

Link: Webpage on management accounting nature and scope

45. Ratio Analysis

Description: The resource provides a video link for ratio analysis.

Core Concepts: Concept of ratio analysis and types of ratios.

Link: Video on introduction to radio analysis

46. Comparative Financial Statement

Description: The resource provides a video link for a comparative financial statement.

Core Concepts: Concept of comparative financial statement and an example.

Link: Video on comparative financial statement

47. Common Size Statement

Description: The resource provides a video link for a common size statement.

Core Concepts: Concept of common size statement and an example.

Link: Video on common size statement

48. Meaning of Cost Accounting

Description: The resource provides a video on the meaning and explanation of cost accounting.

Core Concepts: Concept of cost accounting.

Link: Video on what is cost accounting?

49. Objectives of Cost Accounting

Description: The resource provides learning materials on the objectives of cost accounting.

Core Concepts: Examine the objectives of cost accounting..

Link: Webpage on objectives of cost accounting

50. Elements of Cost Accounting

Description: The resources provide both video and learning material on the elements of cost accounting.

Core Concepts: Examine the elements of cost in cost accounting.

Links: 

51. Purpose of Cost Sheet

Description: The resources provide both video and learning material for the cost sheet.

Core Concepts: Identify the purpose of the cost sheet.

Links: 

52. Preparation of Cost Sheet

Description: The resource provides practice questions for the cost sheet.

Core Concepts: Preparation of cost sheet.

Links: