NSQF Practical Guidelines and Project 2018 of “Optional Financial Accounting (780)” for Class 11 CBSE

PRACTICAL GUIDELINES

CLASS–XI OPTIONAL FINANCIAL ACCOUNTING (780)

 1.)MINIMUM PASS MARKS

The Minimum number of marks required to pass in each subject is (33) percent in the written papers and practical examination.

2.)Marks for record, Viva, Project report etc., in respect of Senior Secondary School Curriculum OF School Certificate Examination:

The students should be allotted 2 hours to compute the Income of a Sole Proprietorship firm or Partnership Firm.

Viva should be conducted to judge the understanding of the project and written examination.

Marks allotted for Project report, Viva Voice etc., should separately state in the answer book (if Answer-Books are used) and added to the marks given for other items. The project and the practical records, duly punched should be returned to the students concerned immediately after evaluation.

3.)Assessment of performance.

a) The examiner (internal), for conducting and assessment of Practical Examinations each in Senior Secondary School Curriculum Question for the viva examinations should be conducted by the internal examiners. Question to be more of General nature, project work or the curriculum. Investigatory Project especially those that show considerable amount of effort and originality, on the part of the student, should get suitable high marks, while project of a routine or stereotyped nature should only receive MEDIOCRE marks.

b) In the assessment and award of marks, follow strictly the marking Scheme which is given in the list of practical I.e. provided to the Examiners/Schools at the time of Examination.

c) Every effort should be made to reach a consensus on the marks to be awarded to individual candidates. If a difference of one or two marks still persists even after discussion the average marks should be awarded.

d) Marks awarded for Project / Practical activities, for viva, for project and for Practical files must be separately shown on the answer-book as the total.

Procedure for Assessment of practical project work in FINANCIAL ACCOUNTING:                        (Total 40 marks)

For students of Class XI, FINANCIAL ACCOUNTING projects has been emerging as a very interesting but sometimes challenging. It enhances understandability, creativity and innovativeness. It also improves presentation and communication skills. Keeping this in mind following guidelines have been framed to bring about uniformity and reward creative skills among students

Students can prepare a Project Report on the basis of Sole Proprietorship firm, Partnership firm or any organization viz., transport, hotel, canteen or any other service organization on the basis of their understandability and class room knowledge. They may get the guidance from their respective teacher in order to boost their skill and knowledge. The Project should be the sole work of student.

The mark for the project report will be assessed by the subject teachers, through, a well planned rubric, keeping in view the core content, quality of the project and Organization of data.

As students do not have an external examination teacher could follow similar pattern as enunciated for Class XII.

To improve students’ presentation skills, it is suggested that the students should be trained to present the final project. The concerned teacher and the students should visit to some Industry or service sector in order to understand knowhow of the business sector. Visiting to Industry or service sectors will enhance their knowledge and improve their skills & understanding.

Viva based on Project -20 marks The examiner conducting the final practical examination should ask verbal questions related to the project. If no project has been assigned /made by the students, viva must be based on subject as per the Curriculum only.