Class 12 Accountancy is a subject that focuses on financial accounting and business transactions. The course is designed to help students understand basic accounting concepts, such as accounting principles, accounting standards, and accounting policies. The course also covers advanced topics such as the analysis of financial statements, company accounts, and partnership accounts. It includes fundamental accounting concepts and principles, including financial, cost, and management accounting.
The Commerce Class 12 Accountancy course typically consists of two parts: Part A and Part B. Part A focuses on theoretical concepts and covers topics such as accounting for not-for-profit organisations, accounting for partnership firms, and reconstitution of partnerships.
Part B, on the other hand, focuses on practical aspects and covers topics such as financial statement analysis, cash flow statement, and ratio analysis.
Moreover, students will also learn about different accounting tools and techniques, including bookkeeping, accounting software, and financial reporting. They will develop their analytical and problem-solving skills by analysing and interpreting financial statements, preparing budgets, and making financial projections.
Additionally, the Class 12 Accountancy is an excellent opportunity for students to understand accounting principles and practices and prepare for a career in finance, accounting, or business. The course also benefits students pursuing higher studies in accounting or related fields.
CBSE Class 12 Accountancy Syllabus 2025 is divided into three parts A, B, and C. Part A carries 60 marks while parts B and C contain 20 marks each. The maximum mark for the CBSE class 12 Accountancy paper is 80 for theory. The remaining 20 marks are for project/practical work (part C).
The three parts of the Accountancy class 12 syllabus 2025-26 are:
For Part B, students can either choose Financial Statement Analysis or Computerized Accounting. Both will carry 20 marks each. The detailed chapter-wise marks distribution and class 12 accounts sample papers can be checked below in the article.
CBSE Class 12 Accountancy Syllabus Marks Weightage | ||
Unit No. | Unit Name | Marks |
Part A: Accounting for Partnership Firms and Companies | ||
1. | Accounting for Partnership Firms | 36 Marks |
2. | Accounting for Companies | 24 Marks |
Total | 60 Marks | |
Part B: Financial Statement Analysis | ||
3. | Analysis of Financial Statements | 12 Marks |
4. | Cash Flow Statement | 08 Marks |
Total | 20 Marks | |
Part C: Project Work | ||
1. | Project File | 12 Marks |
2. | Viva Voce | 08 Marks |
Total | 20 Marks | |
Grand Total | 100 Marks |
When preparing for Class 12 Accountancy, focus on the topics based on how many marks they're worth. Here are some crucial ones to cover:
Here is a list of NCERT books for Class 12 Accountancy:
You can access these books online on the official website of NCERT or download them in PDF format from various online educational websites.
NCERT textbooks for Class 12 Accountancy are highly recommended for students as they provide a range of benefits, some of which are:
Comprehensive coverage: The NCERT textbooks cover the entire syllabus of Class 12 Accountancy in a comprehensive and organised manner. The topics are explained in detail with numerous examples and exercises to help students understand the concepts better.
Easy-to-understand language: The textbooks are written in simple and easy-to-understand language, making it easier for students to grasp complex concepts. The language used is student-friendly, which helps them retain the information for longer.
Conceptual clarity: The NCERT textbooks provide conceptual clarity to students, which is important for understanding the subject matter. The textbooks explain the concepts in a logical and structured manner, which helps students to build a strong foundation in the subject.
Relevant examples: The textbooks provide relevant examples that are based on real-life situations, making it easier for students to relate to the subject matter. This also helps them to understand the practical application of the concepts.
Useful for competitive exams: NCERT textbooks are useful for students who are preparing for competitive exams such as CA, CMA, CS, etc. as the questions asked in these exams are often based on the concepts covered in NCERT textbooks.
Widely recognised: NCERT textbooks are widely recognised and accepted nationwide, making them an ideal resource for students looking for quality educational material.
Overall, NCERT books for Class 12 Accountancy offer a range of benefits to students, including comprehensive coverage, easy-to-understand language, conceptual clarity, relevant examples, usefulness for competitive exams, and wide recognition.
Here are some tips for Class 12 Accountancy
Understand the basic concepts: Before starting with the complex topics, it's important to understand the basic accounting concepts. Make sure you have a strong foundation in the fundamentals of accounting.
Practice regularly: Practice is the key to success in accounting. Solve as many problems as possible to strengthen your concepts and better understand the subject.
Solve previous year's papers: Solving previous year's papers will give you an idea about the exam pattern, important topics, and types of questions asked in the exams.
Use charts and diagrams: Use charts and diagrams to represent the information. This will help you understand the concepts better and make it easier to remember.
Understand the formats: Understand the formats for preparing financial statements, balance sheets, and profit and loss accounts. This will help you in the long run as these are the basic documents used in accounting.
Stay updated: Keep yourself updated with the latest accounting standards, amendments and changes in laws related to accounting.