--- title: "DU SOL B.Com (Hons) Financial Accounting Syllabus – Semester 1 (Latest 2026)" type: "Article" site_name: "TheSushant." publisher: "TheSushant." published_status: "publish" content_format: "markdown" author: "Sushant Kumar" published: "2026-02-19 08:30:46" modified: "2026-11-01 09:55:02" slug: "du-sol-b-com-hons-financial-accounting-syllabus-semester-1" canonical: "https://thesushant.in/du-sol-b-com-hons-financial-accounting-syllabus-semester-1/" excerpt: "This page presents the official syllabus structure of Financial Accounting for B.Com (Hons), Semester 1 under Delhi University – School of Open Learning (SOL). In this Article you will be..." reading_time: 8 word_count: 1413 featured_image: "https://thesushant.in/wp-content/uploads/2026/02/du-sol-b-com-hons-financial-accounting-syllabus-semester-1.jpg" featured_image_alt: "DU SOL B.Com (Hons) Financial Accounting Syllabus – Semester 1 (Latest)" categories: - "DU SOL" - "Syllabus" tags: generator: "WP Markdown TS" generator_version: "1.1" language: "en-US" --- # DU SOL B.Com (Hons) Financial Accounting Syllabus – Semester 1 (Latest 2026) ![DU SOL B.Com (Hons) Financial Accounting Syllabus – Semester 1 (Latest)](https://thesushant.in/wp-content/uploads/2026/02/du-sol-b-com-hons-financial-accounting-syllabus-semester-1.jpg) *Featured image* --- Table of Contents→ * [Course Overview](#toc-course-overview) * [Exam Pattern (As Followed by DU SOL)](#toc-exam-pattern-as-followed-by-du-sol) * [Marks Distribution](#toc-marks-distribution) * [Internal Assessment (30 Marks)](#toc-internal-assessment-30-marks) * [Theory Paper Structure (General Pattern)](#toc-theory-paper-structure-general-pattern) * [UNIT I: Theoretical Framework and Accounting Process](#toc-unit-i-theoretical-framework-and-accounting-process) * [Lesson 1: Conceptual Framework of Accounting](#toc-lesson-1-conceptual-framework-of-accounting) * [Lesson 2: Accounting Concepts and Conventions](#toc-lesson-2-accounting-concepts-and-conventions) * [Lesson 3: Accounting Standards](#toc-lesson-3-accounting-standards) * [Lesson 4: Accounting Process](#toc-lesson-4-accounting-process) * [Lesson 5: Accounting Treatment of GST](#toc-lesson-5-accounting-treatment-of-gst) * [What This Unit Covers](#toc-what-this-unit-covers) * [Practical Importance](#toc-practical-importance) * [Common Student Confusions](#toc-common-student-confusions) * [UNIT II: Business Income, Property, Plant & Equipment and Inventory Valuation](#toc-unit-ii-business-income-property-plant-equipment-and-inventory-valuation) * [Lesson 6: Measurement of Business Income and Revenue Recognition](#toc-lesson-6-measurement-of-business-income-and-revenue-recognition) * [Lesson 7: Accounting for Property, Plant & Equipment and Depreciation](#toc-lesson-7-accounting-for-property-plant-equipment-and-depreciation) * [Lesson 8: Accounting for Intangible Assets](#toc-lesson-8-accounting-for-intangible-assets) * [Lesson 9: Valuation of Inventory](#toc-lesson-9-valuation-of-inventory) * [What This Unit Covers](#toc-what-this-unit-covers-2) * [Practical Importance](#toc-practical-importance-2) * [Common Student Struggles](#toc-common-student-struggles) * [UNIT III: Financial Statements](#toc-unit-iii-financial-statements) * [Lesson 10: Financial Statements of Sole Proprietor](#toc-lesson-10-financial-statements-of-sole-proprietor) * [Lesson 11: Financial Statements of Non-Profit Organisations](#toc-lesson-11-financial-statements-of-non-profit-organisations) * [What This Unit Covers](#toc-what-this-unit-covers-3) * [Practical Importance](#toc-practical-importance-3) * [Common Student Mistakes](#toc-common-student-mistakes) * [UNIT IV: Accounting for Inland Branches, Departments and Leases](#toc-unit-iv-accounting-for-inland-branches-departments-and-leases) * [Lesson 12: Branch Accounting](#toc-lesson-12-branch-accounting) * [Lesson 13: Departmental Accounting](#toc-lesson-13-departmental-accounting) * [Lesson 14: Lease Accounting](#toc-lesson-14-lease-accounting) * [What This Unit Covers](#toc-what-this-unit-covers-4) * [Practical Importance](#toc-practical-importance-4) * [Common Confusions](#toc-common-confusions) * [UNIT V: Computerized Accounting Systems](#toc-unit-v-computerized-accounting-systems) * [Lesson 15: Computerized Accounting System](#toc-lesson-15-computerized-accounting-system) * [Lesson 16: Groups and Ledgers](#toc-lesson-16-groups-and-ledgers) * [Lesson 17: Trial Balance, Cash Flow Statement and Reports](#toc-lesson-17-trial-balance-cash-flow-statement-and-reports) * [What This Unit Covers](#toc-what-this-unit-covers-5) * [Practical Importance](#toc-practical-importance-5) * [Common Student Confusion](#toc-common-student-confusion) * [1. Is Financial Accounting fully numerical?](#toc-1-is-financial-accounting-fully-numerical) * [2. Does DU SOL change the syllabus every year?](#toc-2-does-du-sol-change-the-syllabus-every-year) * [3. Is GST important for Semester 1 exams?](#toc-3-is-gst-important-for-semester-1-exams) * [4. Are accounting standards asked in detail?](#toc-4-are-accounting-standards-asked-in-detail) * [B.Com (Hons) Semester 1 Syllabus – DU SOL 2026](#toc-b-com-hons-semester-1-syllabus-du-sol-2026) * [Financial Accounting Syllabus](#toc-financial-accounting-syllabus) This page presents the **official syllabus structure** of Financial Accounting for **B.Com (Hons), Semester 1** under **Delhi University – School of Open Learning (SOL)**. In this Article you will be clearly explained: * What is included in the syllabus * How the paper is structured * What areas usually carry more practical weight in exams * Where students commonly face difficulty This guide is designed as a structured academic reference for long-term use. DU SOL UPDATES Don’t Miss Important DU SOL Updates Many students miss assignment deadlines, exam notices, practical updates, and important announcements. Get: * Exam & assignment alerts * Result and notice updates * Study guides & PDFs * Important student information Directly on WhatsApp. No spam. Only useful updates for DU SOL students. [Get WhatsApp Updates](https://whatsapp.com/channel/0029VbBR6Oe0G0XrLynWqb0a) --- ## Course Overview | Particular | Details | | --- | --- | | Course Name | Financial Accounting | | Programme | B.Com (Hons) | | University | Delhi University | | Mode | School of Open Learning (SOL) | | Semester | Semester 1 | | Credits | 4 | | Examination Type | Theory + Internal Assessment | | Exam Duration | 3 Hours | --- ## Exam Pattern (As Followed by DU SOL) ### Marks Distribution | Component | Marks | | --- | --- | | Theory Examination | 70 Marks | | Internal Assessment | 30 Marks | | Total | 100 Marks | ### Internal Assessment (30 Marks)   ### Theory Paper Structure (General Pattern) * Combination of **descriptive + practical numerical questions** * Long answer questions (15–20 marks) * Short notes * Compulsory numerical problems * Internal choices within sections Delhi University does not publish fixed unit-wise weightage. The following analysis is based on previous year question papers. --- # Unit-Wise Official Syllabus Structure The syllabus is divided into **five major units**. --- ## UNIT I: Theoretical Framework and Accounting Process ### Lesson 1: Conceptual Framework of Accounting ### Lesson 2: [Accounting Concepts and Conventions](https://thesushant.in/du-sol-bcom-hons-sem1-financial-accounting-its-concepts-and-conventions/) ### Lesson 3: [Accounting Standards](https://thesushant.in/du-sol-bcom-hons-sem1-financial-accounting-accounting-standards/) ### Lesson 4: Accounting Process ### Lesson 5: Accounting Treatment of GST ### What This Unit Covers * Nature and objectives of accounting * Users of financial statements * Accounting principles (Going Concern, Accrual, Consistency, Prudence, etc.) * Indian Accounting Standards (basic introduction) * Journal, Ledger, Trial Balance * Treatment of GST in books ### Practical Importance * Mostly theory-based. * GST journal entries are frequently tested. * Basic journal entries and accounting cycle form the foundation for the entire paper. ### Common Student Confusions * Difference between Accounting Concepts vs Conventions * Understanding Accrual vs Cash Basis * GST input vs output treatment --- ## UNIT II: Business Income, Property, Plant & Equipment and Inventory Valuation ### Lesson 6: Measurement of Business Income and Revenue Recognition ### Lesson 7: Accounting for Property, Plant & Equipment and Depreciation ### Lesson 8: Accounting for Intangible Assets ### Lesson 9: Valuation of Inventory ### What This Unit Covers * Capital vs Revenue expenditure * Revenue recognition principles * Depreciation methods: * Straight Line Method (SLM) * Written Down Value (WDV) * Change in depreciation method * Disposal of assets * Amortization of intangible assets * Inventory valuation methods: * FIFO * LIFO (theoretical relevance) * Weighted Average Method ### Practical Importance This is one of the **high-scoring and numerically heavy units**. Based on past papers: * Depreciation problems frequently appear (10–20 marks) * Inventory valuation often appears as full-length numerical * Change in method of depreciation is commonly asked ### Common Student Struggles * Adjustments during asset sale * Treatment of abnormal loss in inventory * Distinguishing capital expenditure vs deferred revenue expenditure --- ## UNIT III: Financial Statements ### Lesson 10: Financial Statements of Sole Proprietor ### Lesson 11: Financial Statements of Non-Profit Organisations ### What This Unit Covers * Preparation of: * Trading Account * Profit & Loss Account * Balance Sheet * Adjustments: * Outstanding expenses * Prepaid expenses * Closing stock * Depreciation * Receipts & Payments Account * Income & Expenditure Account * Balance Sheet of NPO ### Practical Importance This unit carries **significant exam weightage**. Full financial statement preparation questions (15–20 marks) are common. For Non-Profit Organisations: * Conversion questions (Receipts & Payments → Income & Expenditure) are frequently tested. ### Common Student Mistakes * Forgetting adjustments in final accounts * Confusing capital fund with surplus * Incorrect treatment of subscriptions in NPO --- ## UNIT IV: Accounting for Inland Branches, Departments and Leases ### Lesson 12: Branch Accounting ### Lesson 13: Departmental Accounting ### Lesson 14: Lease Accounting ### What This Unit Covers * Branch accounting systems: * Debtors system * Stock & Debtors system * Calculation of branch profit * Departmental profit and inter-department transfer * Basic accounting treatment of leases ### Practical Importance Branch Accounting is often asked as a **major numerical question**. Departmental accounting may appear as short or medium questions. Lease accounting is usually theory-based in Semester 1. ### Common Confusions * Difference between dependent and independent branch * Loading adjustment in branch stock * Allocation of common expenses between departments --- ## UNIT V: Computerized Accounting Systems ### Lesson 15: Computerized Accounting System ### Lesson 16: Groups and Ledgers ### Lesson 17: Trial Balance, Cash Flow Statement and Reports ### What This Unit Covers * Basics of accounting software * Group creation * Ledger classification * Trial balance generation * Introduction to cash flow statements * Reports in computerized systems ### Practical Importance Mostly theory-oriented. Direct software practicals are not asked in written exams, but conceptual clarity is tested. Cash Flow basics may be asked in short note format. ### Common Student Confusion * Difference between manual and computerized accounting * Classification of ledger groups --- # Unit-Wise Practical Weightage Insight (Based on Past Papers) Delhi University does not publish fixed unit-wise weightage. The following analysis is based on previous year question papers. | Unit | Expected Importance | | --- | --- | | Unit I | Moderate (Conceptual + GST entries) | | Unit II | High (Depreciation, Inventory Numericals) | | Unit III | High (Final Accounts full question) | | Unit IV | Moderate to High (Branch Accounting major question) | | Unit V | Low to Moderate (Mostly theory-based) | Units II, III, and IV together usually form the **core scoring area**. --- # Important Topics for Exams Students should prioritize: * Depreciation (SLM, WDV, change in method) * Inventory valuation (FIFO, Weighted Average) * Final Accounts with adjustments * Non-Profit Organisation accounts * Branch Accounting (Debtors system) * GST journal entries * Capital vs Revenue expenditure --- # Differences: SOL vs Regular DU Colleges The syllabus remains the same across DU colleges. However: * SOL students rely primarily on self-study material. * Internal assessment may differ in evaluation pattern. * Regular colleges may include more classroom-based testing. Academic content remains identical. --- # Common Areas Where Students Lose Marks 1. Ignoring working notes in numericals 2. Presentation errors in financial statements 3. Incorrect format of Balance Sheet 4. Forgetting adjustments 5. Weak conceptual clarity in accounting standards Clear presentation and structured answers matter. --- # Frequently Asked Questions ### 1. Is Financial Accounting fully numerical? No. It is a mix of theory and practical problems. Around 60–70% of the paper usually includes numerical questions. ### 2. Does DU SOL change the syllabus every year? Minor updates may happen, but the core structure remains stable. ### 3. Is GST important for Semester 1 exams? Yes. Basic journal entries and input-output adjustment are commonly tested. ### 4. Are accounting standards asked in detail? Only introductory understanding is required in Semester 1. --- # Final Academic Clarity Financial Accounting in Semester 1 builds the foundation for advanced subjects like: * Corporate Accounting * Cost Accounting * Financial Management Students should focus on: * Format accuracy * Adjustment entries * Clear workings This syllabus remains consistent and structured under Delhi University SOL for 2026. For exam preparation, conceptual clarity combined with numerical practice is essential. --- #### Also Read: ## [B.Com (Hons) Semester 1 Syllabus – DU SOL 2026](https://thesushant.in/b-com-hons-semester-1-syllabus-du-sol/) --- ## Financial Accounting Syllabus --- **Enjoyed this?** Share it with others Stay Ahead of DU SOL Notices & Deadlines Instead of checking multiple websites and groups daily, get important DU SOL updates directly on WhatsApp. [Join WhatsApp Channel](https://whatsapp.com/channel/0029VbBR6Oe0G0XrLynWqb0a) S ### [Sushant Kumar](https://thesushant.in/author/sushant/) Founder As a current B.Com (Hons) student at DU SOL and an active Chartered Accountancy (CA) aspirant, I understand the exact pressure, syllabus confusion, and administrative hurdles students face daily. TheSushant.in was built to provide first-hand, stress-tested guidance. Every DU SOL update, exam strategy, and CA study note shared here comes directly from my personal academic journey, official notifications, and real-time student experience. No generic advice: practical, student-to-student blueprints to help you clear your exams and level up. Written & Reviewed by Author --- ## Source - **Original Article:** [https://thesushant.in/du-sol-b-com-hons-financial-accounting-syllabus-semester-1/](https://thesushant.in/du-sol-b-com-hons-financial-accounting-syllabus-semester-1/) - **Markdown Endpoint:** [https://thesushant.in/du-sol-b-com-hons-financial-accounting-syllabus-semester-1/?output=markdown](https://thesushant.in/du-sol-b-com-hons-financial-accounting-syllabus-semester-1/?output=markdown)