Accountancy is a core subject in the business management stream. Every financial sector requires professionals who are expert in this field. The field is full of opportunities and banking sector is also a big field to work with. NIOS is a good option for those students who are unable to continue their schooling due to their circumstances.

Importance of the paper:

Accountancy is a major field to work and students will get a good option to choose and various areas are there to get job opportunities. Banking, business administration is some areas in which students will get jobs.

Paper Pattern:

Paper of Accountancy is a subjective one and this paper is divided into 2 sections, Section A is a compulsory section for the students to attempt. Section B has more than one question in it to solve. The paper covers the entire syllabus and the questions are asked in very strategic manner. Section B is of many questions but students is required to attempt only one question from it. Section A is of 85 marks and Section B is of 15 marks. The paper is a scoring paper.

Frequently asked questions:

Questions asked in the paper are such as banking problems, accounting numerical, transactions problems, sharing profit in the ratio, Balance Sheet, Capital Account at the time, terms of agreement, Profit and Loss Account, meaning of analysis of financial statements, position of current assets and current liabilities, What is a Tuple, Data Redundancy, effects of absence of coding etc.

Marks and time:

Total marks which can be scored in the paper by students are 100 and times in which students are needed to solve the paper are 3 hours only. Students can score full marks in the paper if they have a good knowledge in the paper.

Recommended Books:

• Accountancy by Pearson Education
• Accountancy by Elsevier