Accounting is a subject assigned exclusively to the students of commerce by BIE Sindh. It is considered a form of art which involves money management and accounts keeping. The first year/1st year BIE Sindh accounting consists of only 11 chapters which teach advanced methodologies to the student while also sticking close to the basic concepts. It also prepares students for XII/2nd year’s accounting which is the second half of the intercourse.
Inter Part 1, accounting paper follows the board paper pattern as it consists of only two parts objective and subjective. The former section is made up of multiple choice questions answers while the later section is further divided into two parts B) short answered questions and C) consist of detailed answered questions.
Book Chapters Count
Subjective and Objective
Minimum Passing Marks
Online recorded lecture, online assessments, mcqs, notes and games.
|1.1||Accounting & Book Keeping|
|1.2||Purpose & Objectives accounting|
|1.3||Branches of accounting|
|1.4||The business & forms of business|
|1.5||Users of accounting information|
|1.6||Accounting concepts; Cost concept,
|2.1||Five pillars of accounting|
|2.2||Assets&types of assets|
|2.3||Liabilities&types of liabilities|
|3.1||Introduction to the accounting equation|
|3.2||Calculation & manipulations of accounting
|3.3||Extended accounting equation|
|3.4||Analysis of accounting transaction|
|4.2||Books of original entries|
|4.3||Rules of debit & credit|
|4.4||Recording of transactions|
|5.2||Format of the ledger|
|5.3||Ledger posting from a journal|
|5.4||Balancing of accounts|
|5.5||Balance c/d & b/d|
|5.6||Total debits = total credits|
|5.7||Preparation of trial balance|
|6.2||Drawing up a triple column cashbook|
|6.3||Recording of transactions|
|6.4||Treatment of sales & purchase discount|
|6.6||Balancing of cash book|
|7.2||Format of petty cash book|
|7.3||General entries for cash book PCF|
|8.2||Balance of cash book & bank statements|
|8.3||Item & their treatment, which affect reconcile of bank & cash book.|
|9.2||Credit sales & credit terms|
|9.3||Format of sales journal|
|10.2||Credit purchases & credit items|
|10.3||Format of purchase journal|
|10.6||Sales return & credit notes|
|10.7||Sales return book|
|10.8||Purchase return & debit note|
|10.10||Schedules of A/R & A/P|
|11.1||Errors affecting trial balance|
|11.2||Errors not affecting trail balance|
|11.3||Errors & adjustments of errors|
|11.4||Incorporation of errors in accounting
|12.1||What to be adjusted|
|12.2||Why we need adjusting entries|
|12.3||Accrual accounting vs cash accounting|
|12.4||Adjusting for stocks|
|13.1||Opening & closing stock|
|13.2||Purchases, purchases discount and
|13.3||Sales, sales discount and sales return|
|13.4||COGS statement , Ledger of COGS|
|13.6||Calculation of net profit/net loss|
|13.7||Adjusting entries/adjustments &
|13.8||Classified balance sheet|
|13.9||Assets, liabilities and capital|
|13.10||From unadjusted trial balance to BS|
|13.11||Incorporation of net profit/net loss in BS|
|13.12||Calculation of missing values in BS|
Interactive 3D Simulations to help you build concepts fast.
Quizzes and assignments to prepare you for exams along the way.
Powerful teaching techniques help you digest information easily.
Front board technique to keep you more engaged with an instructor.
Ask questions in comments when in doubt and get answers quickly.
Better learning experience than a crowded classroom in half of a fee.
Sir. Amjad Niaz
Accounting – XI First Year Sindh Board
Sir Amjad is a part of commerce teaching faculty at MyInterAcademy.com and he has proven himself to be an invaluable part of the family, sir Amjad Niaz is a Masters of Commerce from the esteemed University of Karachi, With his natural talent in handling the concepts of commerce and his charming and enthusiastic teaching style can certainly captivate students. To further impart proper knowledge to students and increase their learning experience, Sir Amjad Niaz also utilizes modern technology in form of visionary animations that are directly related to his teaching topics.
Students can easily follow Sir Amjad Niaz lectures on business maths and Principles of Accounting exclusively at MyInterAcademy.com with the help of online recorded lectures that students can access at any place at any time as long as they are connected to the internet.