CBSE Class 12 Accountancy Syllabus 2026-27 PDF Download: Chapter-Wise Topics, Marking Scheme

Part A

Accounting for Partnership Firms and Companies

Unit 1:Accounting for Partnership Firms

36

Unit 2:Accounting for Companies

24

Part B

Financial Statement Analysis

Unit 3: Analysis of Financial Statements

12

Unit 4: Cash Flow Statement

8

Part C

Project Work

Project File

12

Vica voce

8

OR

Part B

Computerized Accounting

20

Unit 4: Computerised Accounting

Part C

Practical work

20

Practical file

Viva Voce

Unit 1: Accounting for Partnership Firms

Accounting for Partnership Firms

• Partnership: features, Partnership Deed.

• Provisions of the Indian Partnership Act 1932 in the absence of a partnership deed.

• Fixed v/s fluctuating capital accounts.

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  • Preparation of Profit and Loss Appropriation

  • Account- division of profit among partners

  • Guarantee of profits.

• Past adjustments (relating to interest on capital, interest on drawing, salary and profit sharing ratio).

• Goodwill: meaning, nature, factors affecting and methods of valuation - average profit, super profit and capitalisation.

Accounting for Partnership Firms: Reconstitution and Dissolution

• Change in the Profit Sharing Ratio among the existing partners

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  • Sacrificing ratio, gaining ratio, accounting for revaluation of assets, reassessment of liabilities and treatment of reserves, accumulated profits and losses.

  • Preparation of the revaluation account and balance sheet.

• Admission of a partner

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  • Effect of admission of a partner on change in the profit sharing ratio

  • Treatment of goodwill (as per AS 26)

  • Treatment for revaluation of assets and re- assessment of liabilities

  • Treatment of reserves

  • Accumulated profits and losses.

• Retirement and death of a partner

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  • Effect of retirement/death of a partner on change in profit sharing ratio

  • Treatment of goodwill (as per AS 26)

  • Current account and balance sheet.

  • Preparation of the loan account of the retiring partner.

• Calculation of the deceased partner’s share of profit till the date of death.

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  • Preparation of the deceased partner’s capital account and his executor’s account.

• Dissolution of a partnership firm

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  • Meaning of dissolution of partnership and partnership firm

  • Types of dissolution of a firm.

  • Settlement of accounts - preparation of realisation account

  • Other related accounts: capital accounts of partners and cash/bank a/c

Unit 2: Accounting for Companies

Accounting for Share Capitals

• Features and types of companies.

• Share and share capital: nature and types.

• Accounting for share capital

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  • Issue and allotment of equity and preference shares.

  • Public subscription of shares - oversubscription and undersubscription of shares.

  • Issue at par and at premium

  • Calls in advance and arrears (excluding interest)

  • Issue of shares for consideration other than cash.

• Concept of Private Placement and Employee Stock Option Plan (ESOP), Sweat Equity.

• Accounting treatment of forfeiture and reissue of shares.

• Disclosure of share capital in the Balance Sheet of a company.

Accounting for Debentures

• Debentures: Meaning, types, Issue of debentures at par, at a premium and at a discount.

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  • Issue of debentures for consideration other than cash.

  • Issue of debentures with terms of redemption.

  • Debentures as collateral security-concept

  • interest on debentures

  • Writing off discount/loss on issue of debentures.

Unit 3: Analysis of Financial Statements

Financial Statements of a Company

Meaning, Nature, Uses and Importance of financial Statement. Statement of Profit and Loss and Balance Sheet in the prescribed form with major headings and subheadings

Unit 4: Cash Flow Statement

Cash Flow Statement

Meaning, objectives, benefits, cash and Cash Equivalents, Classification of Activities and preparation.

Project work

One specific project based on the financial statement analysis of a company, covering any two aspects

• Comparative and common-size financial statements

• Accounting Ratios

• Segment Reports

• Cash Flow Statements

Overview of Computerised Accounting System

• Introduction: Application in Accounting.

OR

• Features of a Computerised Accounting System.

• Structure of CAS.

• Software Packages: Generic; Specific; Tailored.

Accounting Application of Electronic Spreadsheet

• Concept of an electronic spreadsheet.

• Features offered by an electronic spreadsheet.

• Application in generating accounting information - bank reconciliation statement, asset accounting, loan repayment of loan schedule, ratio analysis

• Data representation- graphs, charts and diagrams.

Using a Computerised Accounting System

• Steps in the installation of CAS, codification and Hierarchy of account heads, creation of accounts.

• Data: Entry, validation and verification.

• Adjusting entries, preparation of balance sheet, profit and loss account, with closing entries and opening entries.

• Need and security features of the system