CBSE Class 12 Accountancy Syllabus

BoardCBSE
TextbookNCERT
ClassClass 12
SubjectMaths
ChapterCBSE Class 12 Accountancy Syllabus
Chapter NameChapter 1 Relations and Functions
Categoryboards

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.