CBSE Class 12 Accountancy Syllabus (2026-27): PDF, Unit-Wise Weightage & Topics

CBSE Class 12 Accountancy Syllabus 2026-27: Chapter-Wise Topics

The detailed topics prescribed by CBSE are organised under Partnership Firms, Companies, Financial Statement Analysis, Cash Flow Statement, and Computerized Accounting.

Part A: Accounting for Partnership Firms and Companies

Unit 1: Accounting for Partnership Firms – 36 Marks

This is the highest-weightage unit in the Class 12 Accountancy curriculum.

The unit includes:

Partnership Fundamentals

• Features of partnership

• Partnership Deed

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

• Fixed and fluctuating capital accounts

• Profit and Loss Appropriation Account

• Past adjustments

• Goodwill and its valuation

Goodwill

The prescribed syllabus covers:

• Meaning and nature of goodwill

• Factors affecting goodwill

• Average profit method

• Super profit method

• Capitalisation method

Reconstitution of Partnership Firms

The syllabus includes:

• Change in profit-sharing ratio among existing partners

• Sacrificing ratio

• Gaining ratio

• Revaluation of assets

• Reassessment of liabilities

• Treatment of reserves

• Treatment of accumulated profits and losses

• Revaluation Account

• Adjustment of partners' capital accounts

Admission of a Partner

Students need to study:

• Effect of admission on the profit-sharing ratio

• Revaluation of assets

• Reassessment of liabilities

• Treatment of goodwill

• Treatment of reserves and accumulated profits/losses

• Adjustment of capital accounts

• Preparation of capital and current accounts

• Preparation of the Balance Sheet

Retirement and Death of a Partner

Topics include:

• Change in profit-sharing ratio

• Treatment of goodwill

• Revaluation of assets

• Reassessment of liabilities

• Treatment of reserves and accumulated profits/losses

• Adjustment of capital accounts

• Preparation of capital and current accounts

• Loan account of the retiring partner

• Calculation of the deceased partner's share of profit up to the date of death

• Deceased partner's capital account

• Executor's account

Dissolution of a Partnership Firm

The syllabus covers:

• Meaning of dissolution of partnership and partnership firm

• Types of dissolution

• Settlement of accounts

• Realisation Account

• Partners' Capital Accounts

• Cash/Bank Account

The CBSE curriculum specifies exclusions from certain areas of dissolution accounting, so students should follow the latest official syllabus rather than relying on older chapter lists.

Unit 2: Accounting for Companies – 24 Marks

Accounting for Companies is the second-highest-weightage unit.

It includes Accounting for Share Capital and Accounting for Debentures.

Accounting for Share Capital

Topics include:

• Features and types of companies

• Meaning and types of shares and share capital

• Issue and allotment of equity and preference shares

• Public subscription of shares

• Oversubscription and undersubscription

• Issue of shares at par and premium

• Calls in advance and calls in arrears

• Issue of shares for consideration other than cash

• Forfeiture of shares

• Reissue of forfeited shares

• Disclosure of share capital

Accounting for Debentures

The syllabus covers:

• Meaning of debentures

• Types of debentures

• Issue of debentures at par

• Issue of debentures at premium

• Issue of debentures at discount

• Issue of debentures for consideration other than cash

• Issue of debentures with terms of redemption

• Debentures as collateral security

• Interest on debentures

• Writing off discount/loss on issue of debentures

Part B: Financial Statement Analysis

Students choosing Financial Statement Analysis study two units carrying a combined 20 marks.

Unit 3: Analysis of Financial Statements – 12 Marks

This unit includes:

Financial Statements of a Company

• Meaning

• Nature

• Importance

• Uses of financial statements

• Statement of Profit and Loss

• Balance Sheet

• Prescribed format and major headings/sub-headings under Schedule III of the Companies Act, 2013

Financial Statement Analysis

Students study:

• Meaning

• Objectives

• Significance

• Importance

• Limitations

Tools of Financial Statement Analysis

The curriculum includes tools such as:

• Ratio analysis

• Cash flow analysis

Accounting Ratios

Topics include:

• Meaning

• Objectives

• Classification

• Advantages

• Computation and analysis

Liquidity Ratios

• Current Ratio

• Quick Ratio

Solvency Ratios

• Debt to Equity Ratio

• Total Assets 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 Assets Turnover Ratio

• Net Assets Turnover Ratio

• Working Capital Turnover Ratio

Profitability Ratios

• Gross Profit Ratio

• Operating Ratio

• Operating Profit Ratio

• Net Profit Ratio

• Return on Investment

Unit 4: Cash Flow Statement – 8 Marks

The Cash Flow Statement carries 8 marks under the Financial Statement Analysis option.

The syllabus covers:

• Meaning of cash flow statement

• Objectives

• Benefits

• Cash and cash equivalents

• Classification of activities

• Preparation of cash flow statement

• Indirect method

• Relevant adjustments prescribed by CBSE

Students should refer to the latest CBSE curriculum for the exact prescribed treatment and exclusions.

Part B: Computerized Accounting – 20 Marks

CBSE provides Computerized Accounting as an alternative to Financial Statement Analysis.

The unit covers three broad areas.

Overview of Computerized Accounting System

• Application of computerized accounting in accounting

• Features of a Computerized Accounting System

• Structure of CAS

• Software packages:

• Generic

• Specific

• Tailored

Accounting Applications of Electronic Spreadsheet

Topics include:

• Concept of electronic spreadsheet

• Features of electronic spreadsheets

• Generating accounting information

• Bank reconciliation statement

• Asset accounting

• Loan repayment schedule

• Ratio analysis

• Data representation

• Graphs

• Charts

• Diagrams

Using a Computerized Accounting System

Students study:

• Installation of CAS

• Creation of accounts

• Codification and hierarchy of account heads

• Data entry

• Data validation

• Data verification

• Adjusting entries

• Preparation of Balance Sheet

• Preparation of Profit and Loss Account

• Closing and opening entries

• Need for security features of the system

CBSE Class 12 Accountancy Project Work 2026-27

Students choosing Financial Statement Analysis have 20 marks for Project Work.

The project component consists of:

Students should complete the project according to the requirements prescribed by CBSE and communicated by their school.

Computerized Accounting Practical Work

Students choosing Computerized Accounting have 20 marks for Practical Work:

CBSE Class 12 Accountancy Exam Pattern 2026-27

The Class 12 Accountancy theory paper carries 80 marks and has a duration of 3 hours. The official CBSE question-paper design distributes marks across different cognitive levels.

This means students should prepare for both direct conceptual questions and questions requiring application, analysis, evaluation, and creation.

CBSE Class 12 Accountancy Important Topics 2026-27

While students should complete the full syllabus, the following areas deserve focused practice based on the prescribed units and their marks distribution.

Partnership Firms

• Goodwill valuation

• Change in profit-sharing ratio

• Admission of a partner

• Retirement and death of a partner

• Dissolution of a partnership firm

• Revaluation of assets and reassessment of liabilities

• Treatment of reserves and accumulated profits/losses

• Adjustment of partners' capital accounts

Accounting for Companies

• Issue and allotment of shares

• Oversubscription and undersubscription

• Issue at par and premium

• Calls in advance and arrears

• Forfeiture and reissue of shares

• Issue of shares for consideration other than cash

• Debentures

• Issue and redemption-related accounting treatment

• Interest on debentures

Financial Statement Analysis

• Comparative and analytical understanding of financial statements as prescribed

• Accounting ratios

• Liquidity ratios

• Solvency ratios

• Activity ratios

• Profitability ratios

• Interpretation of financial information

Cash Flow Statement

• Cash and cash equivalents

• Operating, investing and financing activities

• Preparation of cash flow statement

• Indirect method

• Prescribed adjustments

Computerized Accounting

For students choosing this option:

• Computerized Accounting System

• Electronic spreadsheets

• Bank reconciliation

• Asset accounting

• Loan repayment schedules

• Ratio analysis

• Data representation

• Creation and codification of accounts

• Data entry and validation

• Financial statement preparation

• Security features

Is There Any Deleted Syllabus for CBSE Class 12 Accountancy 2026-27?

Students should be careful when using older “deleted syllabus” lists available online.

The 2026-27 curriculum should be treated as the current reference for the 2027 Board Exam. Topics that appeared in older 2025-26 deleted-topic lists should not automatically be treated as deleted from the 2026-27 curriculum.

Therefore, students should compare any older list with the latest official CBSE curriculum before excluding a topic from their preparation.

Has CBSE Divided Class 12 Accountancy Into Term 1 and Term 2?

No separate Term 1 and Term 2 Accountancy syllabus should be used for the 2026-27 session unless CBSE officially announces such a structure.

For the 2026-27 curriculum, students should follow the latest official CBSE Accountancy curriculum for the complete prescribed course and assessment structure.

How to Prepare the CBSE Class 12 Accountancy Syllabus 2026-27?

Accountancy requires both conceptual understanding and regular numerical practice. Students can follow the preparation approach below.

1. Understand the Complete Syllabus

Start by going through every unit and identifying the topics prescribed by CBSE.

Do not prepare only from chapter names or previous-year lists because the prescribed content can change between academic sessions.

2. Prioritise High-Weightage Units

Accounting for Partnership Firms carries 36 marks, while Accounting for Companies carries 24 marks.

Together, they account for 60 marks of the 80-mark theory paper.

Students can therefore allocate substantial practice time to these units while continuing to cover the remaining syllabus.

3. Practise Numerical Questions

Accountancy requires regular problem-solving practice.

After learning a concept, solve questions based on:

• Accounting adjustments

• Journal entries

• Ledger-related treatments

• Revaluation

• Ratios

• Cash flow calculations

• Company accounting transactions

4. Maintain a Format and Formula Sheet

Create a compact revision resource containing:

• Important accounting formats

• Ratio formulas

• Key calculations

• Common journal-entry treatments

• Important adjustments

This can make final revision more efficient.

5. Maintain a Common-Error List

After practising questions, record recurring mistakes such as:

• Incorrect calculations

• Wrong journal entries

• Missing adjustments

• Incorrect ratio formulas

• Format errors

• Incorrect classification of items

Review this list regularly.

6. Practise Different Question Types

The CBSE question-paper design includes Remembering and Understanding, Applying, and Analysing/Evaluating/Creating categories.

Students should therefore practise both conceptual and application-based questions.

7. Practise With a Time Limit

Once a topic has been prepared, solve questions under a fixed time limit.

This can help students improve:

• Calculation speed

• Accuracy

• Question-selection ability

• Time management

8. Complete the Project or Practical Work

Do not leave the 20-mark project/practical component until the end of the academic session.

Complete it according to CBSE requirements and your school's instructions.

CBSE Class 12 Accountancy Syllabus 2026-27: Quick Checklist

Before the 2027 Board Exam, students should ensure that they have:

• Downloaded the latest CBSE Accountancy curriculum

• Covered all prescribed units

• Completed Partnership Firms

• Completed Accounting for Companies

• Revised Financial Statement Analysis, if applicable

• Practised Cash Flow Statements, if applicable

• Covered Computerized Accounting, if selected

• Revised important accounting ratios

• Practised numerical questions regularly

• Prepared a formula sheet

• Prepared a format bank

• Maintained a common-error list

• Completed project/practical work

• Practised questions within a time limit

Conclusion

The CBSE Class 12 Accountancy Syllabus 2026-27 provides the framework for students preparing for the 2027 Board Examination. The curriculum includes Accounting for Partnership Firms, Accounting for Companies, Financial Statement Analysis, Cash Flow Statement, and Computerized Accounting as an alternative Part B option.

The theory component carries 80 marks, while project/practical work carries 20 marks. Accounting for Partnership Firms carries the highest unit-wise weightage at 36 marks, followed by Accounting for Companies at 24 marks.

Students should use the official CBSE curriculum as their primary reference, complete all prescribed topics, and combine conceptual learning with regular numerical practice.

For the latest syllabus, marks distribution, and prescribed topics, always refer to the official CBSE curriculum for the 2026-27 academic session.