| The accountancy class 12 syllabus is a crucial part of the CBSE curriculum, designed to provide students with a strong foundation in accounting principles and financial management. This syllabus equips students with practical and theoretical knowledge essential for board exams and future academic or professional pursuits in commerce, finance, and business sectors.
Structure of the Accountancy Class 12 Syllabus
The class 12 syllabus is thoughtfully divided into two main parts:
Part A: Accounting for Not-for-Profit Organizations, Partnership Firms, and Companies
Part B: Financial Statement Analysis
Part A: Accounting for Not-for-Profit Organizations, Partnership Firms, and Companies
This section covers:
Accounting for Not-for-Profit Organizations: Preparation of receipts and payments accounts, income and expenditure accounts, and balance sheets.
Accounting for Partnership Firms: Fundamentals of partnership accounts, including admission, retirement, and death of a partner, as well as dissolution of partnership firms.
Accounting for Companies: Basics of issue of shares and debentures, including journal entries and ledger accounts.
Part B: Financial Statement Analysis
This section focuses on:
Financial Statements of Companies: Preparation of financial statements such as the trading and profit & loss account and balance sheet as per prescribed formats.
Analysis of Financial Statements: Techniques including comparative statements, common size statements, and cash flow statements for better interpretation of financial health.
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