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Seedha Education

AccountancyTheory Base of Accounting

Class 11AccountancyChapter 24 marksEasy

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Accountancy · Class 11Theory Base of AccountingVideo coming soonRead the notes instead

Accounting Principles, Accounting Standards and IFRS, Basis of Accounting and the board questions built on them — roughly 4 marks of the paper.

What this chapter covers

  1. 1Accounting Principles
  2. 2Accounting Standards and IFRS
  3. 3Basis of Accounting
  4. 4Double Entry System

These lessons are being recorded. The written notes for this chapter are free to download now.

Learning resources

In the notes

Topics covered

  1. 01Accounting Principles26:50
  2. 02Accounting Standards and IFRS22:43
  3. 03Basis of Accounting17:48
  4. 04Double Entry System11:09

After this chapter you can

  • Explain accounting principles without reading from the book
  • Present accounting standards and ifrs in the format the marking scheme rewards
  • Attempt every previous year question set on this chapter
Marks
4
PYQs
26
Video
1h 19m

Then do the work

Practice

Important questions
26
Board questions
26
Numericals & applications
11
Open practice set

Revise

  • One-shot revision, 20 minutes
  • Format sheet for this chapter
  • Printable summary, 2 pages
Revision material

Prepare

Board appearances of Theory Base of Accounting by year
YearAsked asMarks
2025Short answer4
2024Case based2
2023MCQ set4
2022Long answer2
2021Short answer2
All PYQs

    Follow the Seedha path

    Target 95+ in Accountancy

    Padho, Likho, Revise and Marks Laao. Chapter 2 of 11 — keep going while the format is fresh.