CBSE Class 12 Accountancy Syllabus 2024-25 (Out), Download PDF, Check Chapter-Wise Weightage, Deleted Syllabus

CBSE Class 12 Accountancy Unit-Wise Weightage

The below table contains the unit-wise distribution of marks for CBSE Class 12 Accountancy Syllabus 2024-25

CBSE Class 12 Accountancy Project Work 

For CBSE Class 12 Accountancy project work, students have to prepare one project on the Financial Statement Analysis of a Company covering any two of the following aspects:

• Comparative and common size financial statements
• Accounting ratios
• Segment reports
• Cash flow statements

CBSE Class 12 Accountancy Deleted Syllabus

The following table contains CBSE Class 12 Accountancy Deleted Syllabus 2024-25:

CBSE Class 12 Accountancy Important Topics

CBSE Class 12 Accountancy Syllabus 2024-25 the detailed unit-wise important topics to be covered are given below.

​Unit I – Accounting for Partnership Firms

The detailed sub-topics for each topic are as follows:

• Goodwill – Nature, factors affecting and methods of valuation – average profit, super profit, and capitalization.
• Change in Profit Sharing Ratio – Sacrificing ratio, gaining ratio, accounting for revaluation of assets, reassessment of liabilities and treatment of reserves, accumulated profits and losses, preparation of revaluation account and balance sheet.
• Admission of a Partner – Effect of admission of a partner on change in the profit sharing ratio, treatment for revaluation of assets and reassessment of liabilities, treatment of goodwill (as per AS 26), treatment of reserves, accumulated profits and losses, adjustment of capital accounts and preparation of capital, current account and balance sheet.
• Retirement and Death of a Partner – Effect of retirement/death of a partner on change in the profit sharing ratio, treatment for revaluation of assets and reassessment of liabilities, treatment of goodwill (as per AS 26), losses and reserves, adjustment of accumulated profits, adjustment of capital accounts and preparation of capital, current account and balance sheet, preparation of loan account of the retiring partner, calculation of deceased partner’s share of profit till the date of death, preparation of deceased partner’s capital account and his executor’s account.
• Dissolution of a Partnership Firm – Meaning and dissolution of partnership and partnership firm, types of dissolution, settlement of accounts – preparation of realization account, and other related accounts, capital accounts of partners and cash/bank a/c (excluding piecemeal distribution, sale to a company and insolvency of partner/s.

Unit III – Accounting for Companies

The important topics and sub-topics include:

• Accounting for Share Capital – Issue and allotment of equity and preferences shares, Public subscription of shares – over subscription and under subscription of shares, issue at par and at premium, calls in advance and arrears (excluding interest), issue of shares for consideration other than cash.
• Debentures – Meaning, types, issue of debentures at par, at a premium, and at a discount, issue of debentures with terms of redemption, debentures as collateral security concept, interest on debentures, loss on issue of debentures. Discount or loss on issue of debentures should be written in the year debentures are alloted from Security Premium Reserve (if present) and then from State of Profit and Loss as Financial Cost (AS 16).

Unit IV – Analysis of Financial Statements

The important topics in this unit are:

• Financial Statements of a Company – Meaning, nature, uses and importance, statement of profit and loss, and balance sheet in prescribed form with major headings and sub-headings (as per Schedule III to the Companies Act, 2013).
• Financial Statement Analysis – Meaning and significance, objectives, importance and limitations.
• Tools for Financial Statement Analysis – Cash flow analysis and ratio analysis.
• Accounting Ratios – Meaning, objectives, advantages, classification and computation.
• Liquidity Ratios – Current ratio, and quick ratio.
• Solvency Ratios – Debt to Equity ratio, total asset to debt ratio, proprietary ratio, interest coverage ratio, debt to capital employed ratio.
• Activity Ratios – Inventory turnover ratio, trade receivables turnover ratio, trade payables turnover ratio, fixed asset turnover ratio, net asset turnover ratio, and working capital turnover ratio.
• Profitability Ratios – Gross profit ratio, operating ratio, operating profit ratio, net profit ratio, and return on investment.

Unit IV: Computerised Accounting

This unit is optional. Students can either choose Financial Statement Analysis or Computerised Accounting. The important topics to be covered in this unit are:

• Overview of Computerised Accounting System – Application in accounting, features of computerised accounting system, structure of CAS, software packages – generic, specific, tailored.
• Accounting Application of Electronic Spreadsheet – Concept of electronic spreadsheet, features offered by 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 Computerised Accounting System – Steps in installation of CAS, codification and hierarchy of accounts heads, creation of accounts, data entry, data 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.

CBSE Class 12 Accountancy Recommended Books

The following table includes the list of books prescribed by CBSE for Class 12 Accountancy. Apart from the books prescribed below, there are many other reference books available for class 12 students.

CBSE Class 12 Accountancy Blueprint 2025

In the CBSE Class 12 Accountancy Theory paper, there will be 34 questions and the paper will be divided into 2 parts: A and B. You can check the blueprint of Accountancy Class 12 CBSE 2024-25 below:

Part A of the paper is compulsory while in part B, students are required to attempt only one out of the Financial Statement Analysis and Computerised Accounting. Internal choices will be provided to students in one-mark questions, three-mark questions, 1 question of 4 marks, and 2 six-mark questions.