The CBSE Class 12 Accountancy syllabus for the academic year 2024-25 has been released and is now available for download in PDF format. This syllabus provides comprehensive details about the topics covered in Accounting for Partnership Firms, Companies, Financial Statement Analysis, and Project Work. Students can download the PDF from the official CBSE website or via the link given below to prepare effectively for the upcoming exams.
CBSE Class 12 Accountancy Syllabus 2024-25
The CBSE Class 12 Accountancy syllabus is divided into three parts: Accounting for Partnership Firms and Companies, Financial Statement Analysis, and Project Work or Computerized Accounting. Below is the detailed syllabus with marks distribution.
Units, Periods and Marks Distribution
Part A: Accounting for Partnership Firms and Companies
| Units | Periods | Marks |
|---|---|---|
| Unit 1: Accounting for Partnership Firms | 105 | 36 |
| Unit 2: Accounting for Companies | 45 | 24 |
| Total | 150 | 60 |
Part B: Financial Statement Analysis
| Units | Periods | Marks |
|---|---|---|
| Unit 3: Analysis of Financial Statements | 30 | 12 |
| Unit 4: Cash Flow Statement | 20 | 8 |
| Total | 50 | 20 |
Part C: Project Work
| Units | Marks | Periods |
|---|---|---|
| Project Work | 20 | 20 |
| – Project File | 12 | |
| – Viva Voce | 8 |
OR
Part B – Computerized Accounting
| Units | Periods | Marks |
|---|---|---|
| Unit 4: Computerized Accounting | 50 | 20 |
Part C: Practical Work
| Units | Marks |
|---|---|
| Practical Work | 20 |
| – Practical File | 12 |
| – Viva Voce | 8 |
Detailed Syllabus Breakdown
Part A: Accounting for Partnership Firms and Companies
Unit 1: Accounting for Partnership Firms (105 Periods, 36 Marks)
- Topics Covered:
- Partnership: Features, Partnership Deed, provisions of the Indian Partnership Act 1932.
- Fixed vs. Fluctuating Capital Accounts:
- Preparation of Profit and Loss Appropriation Account (division of profit, guarantee of profits).
- Past adjustments related to interest on capital, drawings, salary, and profit-sharing ratio.
- Goodwill:
- Meaning, factors affecting, methods of valuation (average profit, super profit, capitalization).
- Reconstitution and Dissolution:
- Change in Profit Sharing Ratio among existing partners, admission of a partner, retirement, and death of a partner.
- Dissolution of partnership firm: Meaning, types, settlement of accounts.
- Learning Outcomes:
- Understand partnership concepts and provisions of the Partnership Act.
- Differentiate between fixed and fluctuating capital.
- Develop skills in preparing Profit and Loss Appropriation Account.
- Understand goodwill valuation and its treatment.
- Understand accounting treatment during reconstitution and dissolution.
Unit 2: Accounting for Companies (45 Periods, 24 Marks)
- Topics Covered:
- Share Capital:
- Features and types of companies, share and share capital (equity and preference shares).
- Issue and allotment of shares: Over and under subscription, issue at par/premium, calls in advance and arrears.
- Forfeiture and re-issue of shares.
- Private Placement and Employee Stock Option Plan (ESOP).
- Debentures:
- Types, issue at par/premium/discount, terms of redemption, collateral security, accounting treatment.
- Share Capital:
- Learning Outcomes:
- Understand share capital transactions and accounting for shares and debentures.
- Develop skills in writing off discounts on debentures.
- Explain the presentation of share capital and debentures in the balance sheet.
Part B: Financial Statement Analysis
Unit 3: Analysis of Financial Statements (30 Periods, 12 Marks)
- Topics Covered:
- Financial statements of a company (as per Schedule III of the Companies Act 2013).
- Tools for Analysis:
- Comparative Statements, Common Size Statements, Ratio Analysis, Cash Flow Analysis.
- Learning Outcomes:
- Understand financial statements and tools for analysis.
- Develop skills in preparing Comparative and Common Size Statements.
- Compute different accounting ratios.
Unit 4: Cash Flow Statement (20 Periods, 8 Marks)
- Topics Covered:
- Meaning, objectives, benefits, classification of activities.
- Preparation using the Indirect Method as per AS 3.
- Learning Outcomes:
- Understand objectives and preparation of cash flow statements.
- Apply adjustments related to depreciation, profit/loss on sale of assets, and dividends.
Part C: Project Work (20 Periods, 20 Marks)
- Components:
- Project File: 12 Marks
- Viva Voce: 8 Marks
- Project Topics:
- Comparative and Common Size Financial Statements
- Accounting Ratios
- Segment Reports
- Cash Flow Statements
Part B: Computerized Accounting (Optional)
Unit 4: Computerized Accounting (50 Periods, 20 Marks)
- Topics Covered:
- Overview and application in accounting.
- Features of a computerized accounting system.
- Accounting Application of Electronic Spreadsheets:
- Generating accounting information, data representation.
- Using Computerized Accounting System:
- Installation, creation of accounts, data entry, validation, and verification.
Part C: Practical Work (20 Marks)
- Components:
- Practical File: 12 Marks
- Viva Voce: 8 Marks
Prescribed Books
- Financial Accounting – I Class XI NCERT
- Accountancy – II Class XI NCERT
- Accountancy – I Class XII NCERT
- Accountancy – II Class XII NCERT
- Accountancy – Computerised Accounting System Class XII NCERT
Suggested Question Paper Design
| S.No | Typology of Questions | Marks | Percentage |
|---|---|---|---|
| 1 | Remembering and Understanding: Recall facts, terms, basic concepts. | 44 | 55% |
| 2 | Applying: Solve problems using acquired knowledge. | 19 | 23.75% |
| 3 | Analyzing, Evaluating, and Creating: Examine, make inferences, propose solutions. | 17 | 21.25% |
| Total | Theory | 80 | 100% |
CBSE Class 12 Accountancy Syllabus 2024-25 PDF Download
The CBSE Class 12 Accountancy syllabus for 2024-25 is available for download in PDF format. Students can easily access the PDF from the official CBSE website to get detailed information about the syllabus, helping them prepare for their exams effectively.
CBSE Class 12 Accountancy Syllabus 2024-25-Click Here To Download PDF
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