CBSE Accountancy

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📢 CBSE ACCOUNTANCY SYLLABUS (2025-26) Detailed Chapter-wise Breakdown for Class 11 & 12

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🟢 CLASS 11 ACCOUNTANCY SYLLABUS (Total Theory: 80 Marks | Project: 20 Marks)

PART A: FINANCIAL ACCOUNTING - I

Unit 1: Theoretical Framework

1) Introduction to Accounting: Meaning, objectives, advantages, limitations, and users of information.

2) Basic Accounting Terms: Assets, Liabilities, Capital, Expenses, Revenue, Debtors, Creditors, Vouchers, etc.

3) Theory Base of Accounting: Fundamental assumptions (GAAP), Business Entity, Money Measurement, Going Concern, Accrual, Consistency, etc.

4) Accounting Standards: Applicability of Ind-AS.

5) GST: Characteristics and advantages.

Unit 2: Accounting Process

1) Recording of Business Transactions:

2) Vouchers and source documents.

3) Accounting Equation.

4) Rules of Debit and Credit.

5) Books of Original Entry: Journal.

6) Cash Book (Simple, Bank column, Petty Cash).

7) Other Subsidiary Books (Purchase, Sales, Purchase Return, Sales Return).

8) Ledger: Posting from Journal and balancing accounts.

9) Bank Reconciliation Statement (BRS): Need and preparation (with adjusted cash book).

10) Depreciation, Provisions, and Reserves:

11) Depreciation methods: Straight Line (SLM) and Written Down Value (WDV).

12) Provisions vs. Reserves.

13) Trial Balance and Rectification of Errors:

14) Preparation of Trial Balance.

15) Classification and Rectification of Errors (Suspense Account).

PART B: FINANCIAL ACCOUNTING - II

Unit 3: Financial Statements of Sole Proprietorship

1) Financial Statements (Without Adjustments): Trading A/c, P&L A/c, and Balance Sheet.

2) Financial Statements (With Adjustments): Closing stock, outstanding/prepaid expenses, accrued income, depreciation, bad debts, provision for doubtful debts, manager's commission.

3) Incomplete Records: Features, reasons, and preparation of Statement of Affairs (Profit/Loss calculation).

PART C: PROJECT WORK (20 Marks)

A) Collection of source documents, preparation of vouchers, and recording transactions.

B) Comprehensive project on Sole Proprietorship.

🔵 CLASS 12 ACCOUNTANCY SYLLABUS (Total Theory: 80 Marks | Project: 20 Marks)

PART A: PARTNERSHIP FIRMS & COMPANIES (60 Marks)

Unit 1: Accounting for Partnership Firms

1) Fundamentals: Partnership Deed, Fixed vs. Fluctuating Capital, P&L Appropriation, Past Adjustments, Guarantee of Profit.

2) Valuation of Goodwill: Average Profit, Super Profit, and Capitalization Methods.

3) Reconstitution of Partnership:

4) Change in Profit Sharing Ratio (Sacrificing/Gaining ratio).

5) Revaluation of Assets & Liabilities.

6) Admission of a Partner.

7) Retirement and Death of a Partner.

8) Dissolution of Partnership Firm: Realisation Account and settlement of accounts.

Unit 2: Accounting for Companies

1) Share Capital: Issue of Equity/Preference shares, Over/Under subscription, Issue at par/premium, Calls in advance/arrears, Forfeiture, and Re-issue of shares.

2) Debentures: Issue of Debentures (at par, premium, discount), Issue for consideration other than cash, Debentures as collateral security, Interest on Debentures, Writing off discount/loss.

PART B: FINANCIAL STATEMENT ANALYSIS (20 Marks) (This is the most common option chosen by schools)

Unit 3: Analysis of Financial Statements

1) Financial Statements of a Company: Balance Sheet and Statement of P&L (Schedule III of Companies Act, 2013).

2) Financial Analysis Tools: Comparative Statements and Common Size Statements.

3) Accounting Ratios:

4) Liquidity Ratios (Current, Quick).

5) Solvency Ratios (Debt to Equity, Total Assets to Debt, Proprietary, Interest Coverage).

6) Activity Ratios (Inventory Turnover, Trade Receivables/Payables Turnover, Working Capital Turnover).

7) Profitability Ratios (Gross Profit, Operating, Net Profit, ROI).

Unit 4: Cash Flow Statement

1) Meaning and preparation (Indirect Method only) as per AS-3.

(Note: Schools may opt for "Computerized Accounting" instead of Part B, but the above is the standard curriculum).

PART C: PROJECT WORK (20 Marks)

Project File (Specific project on Ratio Analysis & Cash Flow).

Viva Voce.

✅ Tips for Students:

1) Focus on formats (Journal, Ledger, Balance Sheet).

2) Practice calculation of Ratios and Goodwill formulas daily.

3) Don't ignore the theory base in Class 11; it builds the foundation for Class 12.

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