The subject of Accountancy seems to be quite challenging but is the most scoring subject of all.
Accountancy can be defined as the art of financial communications, regarding the entities of a business to the users who are basically the shareholders and managers. This subject is basically numerical, and thus requires good command over the ledgers, debiting, and crediting balance sheets and even journaling entities. Thus, with respect to the ever-changing economic scenario, the business environment and also the Senior Secondary Stage; it is important to have proper knowledge of elementary business education along with accountancy, as it has a crucial role to play in one’s business establishment.
Thus, the accountancy subject being a major subject in the commerce stream a student must prepare well in order to grab some better marks, as this is one of the most scoring subjects amongst the others in the commerce stream.
The accountancy paper mostly consists of Numerical, which requires a proper understanding of the theories in order to apply the proper formulas in the numerical. Moreover, the subject has five important chapters which must be studied properly and revised thoroughly, in order to score better and perform excellently. These are:
- Fundamentals
- Admission of partner
- Ratio analysis
- Share capital
- Cash flow statements
Thus, these five subjects usually come with maximum weightage and are also considered important with regards to the higher studies of the particular stream. Thus, it is necessary that the students study them properly and revise regularly.
Also, the best study materials which are often advised to the students irrespective of their streams are the textbooks published by NCERT. The National Council of Education, Research and Training. These textbooks are prepared by experts who ensure to provide the students with authentic data and information. Moreover, the NCERT textbooks are prepared in accordance with the latest CBSE guidelines because of which they are found to be more helpful to the students while preparing for the 12th board’s examination. For the subject of accountancy, the NCERT has developed the Accountancy Class12 DK Goel Solutions which is effective in making a student’s preparation much more progressive.
As the exams approach and only a few days are left, it is necessary for the students to focus more on revising the chapters and grasping the concepts as much as possible, in order to answer the questions more accurately during the examinations, thereby scoring better.
Hence, there are some strategies that are often advised to make effective revisions as well as perform better during examinations. Some of them are:
- As the accountancy question paper is based on numerical, a student must be thoroughly aware of the theories. This would ensure that they understand the question properly and apply the necessary concepts in order to come out with a solution for that particular question.
- Properly refer to the textbooks of NCERT as they move parallel with the latest CBSE guidelines.
Often, the NCERT textbooks are found to be helpful for the students to score much better as well as get the concepts more crystal-clear.
- The 5 chapters of accountancy which are mentioned above, must be studied thoroughly and grasp the concepts pretty well. Then the student is advised to move on to the other chapters in the curriculum.
- While revising, one must not start with a new chapter as this will result in confusion and thereby make a student lose his/her confidence right a few days before their examination.
- Practice sample question papers as well as previous year question papers more often. This will help to get the idea regarding the pattern of the question as well as the pattern of the question paper, i.e. inclusion of s chapter with respect to its weightage.
- Prepare a timetable, and strictly follow it.
- A student must work on his calculation abilities, as sometimes a silly mistake results in big losses in the subject of accountancy.
- In the board examination of class 12th, it is necessary to present an appropriate format for the journal ledger questions whereas, the correct narration is also important for the entry of each journal. Thus, a student must focus on the same.
- Often, the accountancy question paper is found to be long during the examinations. Thus, it is necessary that a student works on his/her time management abilities.
- “Practice makes a man perfect:, hereby the students must emphasize on solving the previous year question papers as well as the sample papers more often in order to score better.
Thus, it is necessary that a student must follow the mentioned strategies in order to revive more efficiently during the last moments before the day of examinations. Also, being the finals for class 12th examinations, it is necessary that the student scores much better in order to get admission to a prestigious college. Hence, they must prepare well for their board’s examinations.
Also, it is necessary to ensure that they are provided with better meals which would keep them energetic and will drive them to study for longer hours with strong focus and concentration. Moreover, it is advised to do physical exercises regularly to keep themselves healthy and their mind fresh and focused.
Often it is not advised to study anything new or the chapters which one has not gone through before, during the time of revisions as this results in confusion and forgetting about the stuff which is prepared well comparatively. Moreover, the sample question papers, as well as the previous year question papers, are the key essentials during the revision process, as they tend to help the student regarding the questions or the type of it, which can be expected in the examination.
Thus, accountancy is a subject of immense importance and many numericals must be studied thoroughly by the students which would make their revision process much easier, and help them score better. Also, the students must be well aware about the numerical and the balance sheet, so that they can do the calculations more easily and correctly in the examinations.
