CBSE Class 12 Accountancy Syllabus

If you are looking for the CBSE class 12 Accountancy Syllabus, you must read this blog. You can explore the Accountancy class 12 syllabus on the Central Board of Secondary Education (CBSE) website too. A good study plan and regular studies can help you achieve success in your class 12th CBSE Accountancy exam. We have presented the info on the Accountancy class 12 syllabus in a concise form below. Get ready to explore the Accountancy syllabus with all essential units and FAQs that answer your major queries.

Accounts Class 12 Syllabus Structure

Students must first check the structure of class 12 Account syllabus. The details are mentioned in the later sections of this blog.

Part A - Accounting for Partnership Firms and Companies

Accounting for Partnership Firms

Accounting for Companies

Part B - Financial Statement Analysis

Analysing the Financial Statements

Cash Flow Statements                      

Part C - Project Work

Project work will include:                   

Project File

Viva Voce 

OR

Part B - Computerised Accounting          

Part C - Practical Work

Project work will include:                   

Project File

Viva Voce 

CBSE Class 12 Accountancy Syllabus in Detail

Students must know that the Accountancy class 12 syllabus is divided into a few parts. You may check out the details of the same below:

1. Part A - Accounting for Partnership Firms and Companies
2. Part B - Financial Statement Analysis

Students are also required to accomplish project work which aims at evaluating the practical knowledge of Accountancy.

Part A - Accounting for Partnership Firms & Companies

1. Accounting for Partnership Firms

○     Covers the basics of partnership, including the preparation of accounts, profit-sharing, etc

○     Tackles accounting treatment in case of a change in the profit-sharing ratio among partners

○     The accounting entries and adjustments related to the admission of a new partner

○     Includes adjustments and accounting procedures when a partner retires or passes away

○     Covers the settlement of accounts and distribution of assets when a partnership firm is dissolved.

2. Accounting for Companies

○     Includes the issuance, forfeiture, and reissue of shares, and how to prepare journal entries related to these

○     Includes accounting for the issue and redemption of debentures

Part B - Financial Statement Analysis

1. Analysis of Financial Statements

o   Preparation of a company’s balance sheet, profit and loss account, how to interpret the data, etc

o   Information about tools for financial analysis

o   Understanding of different types of ratios including liquidity ratios, profitability ratios and solvency ratios

2. Cash Flow Statement

o   Preparation & analysis of cash flow statements to assess a company’s cash position

o   Study of different accounting ratios that are used for measuring liquidity, profitability and solvency

Project Work

The marks of project work can make a huge difference in your overall score. The project work consists of 20 marks. You are evaluated for your practical knowledge in Accountancy. As an Accounts student, you are required to complete one project from either partnership firms or companies. The project work is evaluated based on various parameters. These parameters include the accuracy of financial statements, presentation and your understanding of accounting concepts.

How to Prepare for the CBSE Class 12 Accountancy Exam

Here are some tips to help you score well:

1. Study the NCERT textbook thoroughly
2. Solve as many questions as possible from the CBSE class 12 Accountancy sample paper with solutions
3. Refer to previous year's question paper Accountancy class 12. CBSE class 12 Accountancy sample papers with solutions are available easily on bookstores and online platforms.
4. Focus on understanding concepts. Simply memorising will not help in Accountancy.

All the above tips will help you prepare well for the CBSE Class 12 Accountancy exam. Stay focused and work consistently for the best results.

FAQs