CBSE Class 12 Accountancy Syllabus

The CBSE Class 12 Accountancy syllabus covers various aspects of accounting principles, financial statements, and practical applications. It is divided into two main parts: Accounting for Partnership Firms and Companies and Financial Statements of Not-for-Profit Organizations. Here’s a detailed outline:

Part A: Accounting for Partnership Firms and Companies

1. Accounting for Partnership Firms

   • Fundamentals: Nature and characteristics of partnership firms.
   • Partnership Deed: Its role and contents.
   • Valuation of Goodwill: Methods and importance.
   • Reconstitution of Partnership: Admission, retirement, and death of a partner.
   • Dissolution of Partnership: Procedures and accounting treatment.

2. Accounting for Companies

   • Introduction to Companies: Features, types, and incorporation.
   • Share Capital: Issue, forfeiture, and reissue of shares.
   • Debentures: Types, issue, and redemption.
   • Financial Statements: Preparation of the balance sheet and profit and loss account.

Part B: Financial Statements of Not-for-Profit Organizations

1. Not-for-Profit Organizations
   • Introduction: Features and accounting principles of not-for-profit organizations.
   • Receipts and Payments Account: Preparation and analysis.
   • Income and Expenditure Account: Preparation and adjustments.
   • Balance Sheet: Preparation and analysis of financial statements.

Part C: Analysis of Financial Statements

1. Financial Statements Analysis
   • Concepts and Techniques: Ratio analysis, trend analysis, and comparative analysis.
   • Interpretation: Understanding financial ratios and their implications for business performance.

Part D: Accounting for Partnership Firms and Companies (Advanced)

1. Accounting for Partnership Firms

   • Advanced Topics: Accounting treatment of partnership firms with complex issues.

2. Accounting for Companies

   • Advanced Topics: Detailed study of financial statements of companies, including notes and schedules.

This syllabus provides a comprehensive understanding of accounting principles and practices essential for financial management and analysis. For the most accurate and up-to-date details, always refer to the latest CBSE curriculum and textbooks.