Class 12th Accounts Syllabus Download PDF

75% to 80%

1

Above 80% to 85%

2

Above 85% to 90%

3

Above 90% to 95%

4

Above 95%

5

S No.

Topic

Marks

Part A Accounting for Partnership Firms and Companies

1

ACCOUNTING FOR PARTNERSHIP ACCOUNTS

Unit 1. Accounting for Partnership Firm – Basic Concepts

Unit 2. Reconstitution of a Partnership Firm-Admission of a Partner

Change in the profit sharing ratio Admission of a Partner

Unit 3.Reconstitution Of a Partnership Firm- Retirement/Death of a Partner

Unit 4. Dissolution of Partnership Firm

29

2

ACCOUNTING FOR COMPANY ACCOUNTS

Unit 5. Accounting for Share Capital

Unit 6. Issue of Debentures

16

Part B Financial Statement Analysis

3

Unit 7. Financial Statements of a Company

04

4

Unit 8. Accounting Ratios

Unit 9. Cash Flow Statement

11

OR

PART B – Computerised Accounting

Unit 7. Overview of Computerised Accounting System

Unit 8. Accounting Application of Electronic Spreadsheet

Unit 9.Using Computerised Accounting System

15

Total

60

Practical Examination

20

Internal Assessment

20

Grand Total

100

Units

Topics and Sub-topics

Unit 1

ACCOUNTING

FOR

PARTNERSHIP –

BASIC CONCEPTS

• Nature of Partnership, Partnership Deed.
• Special Aspects of Partnership Accounts
• Maintenance of Capital Accounts of Partners
• Distribution of Profit amongst partners
• Past Adjustments
• Guarantee of profit to a partner

Unit 2

RECONSTITUTION

OF PARTNERSHIP

FIRM-ADMISSION

OF A PARTNER

• Meaning of reconstitution of partnership firm.
• Change in Profit Sharing Ratio amongst the Existing Partners
• Goodwill
• Admission of new partner
• New profit sharing ratio and sacrificing ratio.
• Treatment of Goodwill
• Adjustments of reserves, accumulated profits and losses.
• Revaluation of assets and Reassessment of liabilities
• Adjustment of capitals

Unit 3

RECONSTITUTION

OF A

PARTNERSHIP

FIRM-

RETIREMENT /

DEATH OF A

PARTNER

• Ascertaining the Amount due to Retiring/Deceased Partner
• New profit sharing ratio and gaining ratio.
• Treatment of Goodwill
• Adjustments of reserves, accumulated profits and losses.
• Adjustment of Revaluation of assets and liabilities
• Disposal of amount due to retiring Partner
• Adjustment of Partner’s Capitals .
• Death of a Partner

Unit 4

DISSOLUTION OF

PARTNERSHIP

FIRM

• Dissolution of partnership
• Dissolution of a firm.
• Settlement of accounts
• Accounting treatment

Unit 5

ACCOUNTING

FOR SHARE

CAPITAL

• Features of a Company.
• Kinds of Companies
• Share Capital of a Company.
• Nature and classes of shares.
• Issue of Shares
• Accounting Treatment
• Forfeiture of Shares

Unit 6

ISSUE OF

DEBENTURES

• Meaning of Debentures.
• Difference between Shares and Debentures.
• Types of Debentures
• Issue of debentures
• Over Subscription
• Issue of Debentures for consideration other than cash.
• Issue of debentures issued as a Collateral Security.
• Terms of Issue of Debentures
• Interest on debentures.
• Writing off discount/ loss on issue of debentures

Unit 7

FINANCIAL

STATEMENTS OF A

COMPANY

• Meaning of Financial Statements
• Nature of Financial Statements
• Objectives of Financial Statement.
• Types of Financial statements
• Uses and importance of Financial Statements
• Limitations of Financial Statement.

Unit 8

ACCOUNTING

RATIOS

• Meaning of Accounting Ratios.
• Objectives of accounting ratio Analysis
• Advantages of accounting ratio Analysis
• Limitations of Ratio Analysis.
• Types of Ratios
• LIQUIDITY RATIOS.
• SOLVENCY RATIOS.
• ACTIVITY RATIOS.
• PROFITABILITY RATIOS.

Unit 9

CASH FLOW

STATEMENT

• Objectives of Cash Flow Statement.
• Benefits of Cash flow Statement
• Cash and Cash Equivalents
• Cash Flows
• Classification of activities for Preparation of Cash Flow
• statement
• Ascertaining Cash Flow from Operating Activities
• Ascertaining of Cash Flow from Investing and Financing
• Activities
• Preparation of Cash Flow Statement

OVERVIEW OF

COMPUTERISED

ACCOUNTING

SYSTEM

• Introduction: 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

COMPUTERIZED

ACCOUNTING

SYSTEM

• Steps in installation of CAS, codification and Hierarchy of
• account heads, creation of accounts.
• Data: Entry, 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.