Negosentro | How To Prepare For Class 11 Accountancy Exam | Class 11 is a crucial academic year in a student’s life. Class 11 marks the beginning of the transition phase. The students are soon going to join colleges and leave school life. A lot rides on the student’s scores and understanding of the subjects. Accountancy is one of the major subjects for class 11 and 12 students. Accountancy as a subject is a whole new addition to a students life as these concepts are completely new. One has not read or practised any similar concepts. Bookkeeping, journal entry, balance sheets, PNL and trial sheets etc are foreign concepts. These tend to raise concerns in students’ minds. The typical terminology gives an impression of a tough subject. The students’ fears are valid on entering new territory. The students seek reassurance and support at this time. This article is written with the intent to help and guide you through this phase of uncertainty in understanding accountancy.
- Role of schools and subject teachers
The first place where one is introduced to the subject and concepts in school. So, the role of school teachers cannot be undermined. It is also required of students to be attentive while the subject is introduced and taught. The subject needs to practise and understand so it should start from day one. The lessons taken by school teachers will be your first reference points and would need sincerity in effort from students. The subject teachers are experts in their field. They would be best to guide you and help you in understanding the depth of various concepts. They will help you to practise as much as you can. This is a great subject to fetch you high marks once you understand it.
- The next would be your NCERT and help books
In class 11 the time to understand a new subject altogether is limited. Thus, the first source of the curriculum is standard textbooks such as NCERT. But, to pace the process one needs help books and reference books to strengthen one’s concepts. Certain help books that need to be read parallel to the school curriculum, for example, are DK Goel Solutions Class 11 Accountancy Chapter 11. The help books are self-explanatory for many concepts. One just needs to read the topics actively to make sense of it and practise the exercise after each chapter to grasp them well.
- There are no formulas, just rules
The Accounting subject involves doing lengthy calculations. That demands the presence of mind and mental agility. One does not need to remember or mug up formulas but one needs to follow rules. There are plenty of rules governing the formation of trial balances, balance sheets and bookkeeping etc. These are also the basics and foundations of many niche based accountancy jobs. So, students who take it seriously and practise the problems well have an edge in such jobs. Hence, keep in mind it’s not an impossible subject but needs regular practise.
- Regular practise
Regularity in practise from day one when one just needs to read the introductory statement the role of consistency in routine begins. Only students who achieve great scores in the exams have persistence as sometimes students tend to give up when the balance or calculations don’t add up. The ones with good practice know that just by re-checking or re-doing they will reach the solution. They are patient in their approach and adamant to solve problems rather than quitting. Thus, such is the power of the accounts subject it helps to build personality traits and elevate not just mental but social skills as well.
- Online videos and links
Now that we live in a time of technological advances, answers are a tough away. Always seek additional help to understand the subject. The youtube videos from some credible sources are of high teaching value. The links and videos will give you more than your school teacher as they would expand the discussion beyond basics to an advanced level. These videos and online links to educational material fill the void of a mentor. This material is usually based on last year papers and trends and covers the subject in great depth and relevance to examination patterns.
- Focus on overall wellbeing
One needs to focus on overall health and mental wellbeing. As there is a lot of peer pressure and distractions to keep one engrossed and tense. During such a young stage in life, one must learn the importance of good physical health and mental status. You can only develop confidence in your skills when you are mentally ready for the practice session and practise is only possible when you are physically healthy. The termination of all the practice is as the result of an exam or marks obtained in the exam. So keeping in mind your hard work will pay off when you call fit to tackle stress and uncertain situations. The ironic takeaway is to learn to be spontaneous.
- Tutors
Tutors are highly skilled and intelligent professionals. You can consult them or take extra lessons from them after school hours. You can focus directly on your weak points and practise under their guidance. If you are struggling with the subject tutors will give you individual attention and pull you out of stress and anxiety about the subject. Tutors have experience in the subject and curriculum, they know the tiny details and help one score more than just a decent score to pass. They make you practise intense questions, revise and do test series to elevate your skills and understanding of the subject, accountancy.
To conclude, Accountancy is not just a subject but a profession also. The students studying it should always be aware of the fact that this subject needs persistence, patience and practise. Those who can imbibe or develop all three, succeed with flying colours and rest dread the subject.
Value your time and utilise your skills the most and once out of school you would need to be independent about your concepts and understanding of the subjects you studied.
