The CBSE Class 12 Accountancy syllabus 2026-27 covers partnership firms, companies, financial statement analysis, cash flow and computerised accounting. Accountancy carries 100 marks: 80 marks for the three-hour theory paper and 20 marks for project or practical work. The subject code is 055.

Part A is common and carries 60 marks. For the remaining 20 theory marks, the syllabus provides Financial Statement Analysis with Cash Flow Statement or Computerised Accounting. The related 20-mark project or practical work follows the option studied.

CBSE Class 12 Accountancy Syllabus 2026-27

The course starts with accounting for partnership firms and companies. These two units form Part A and are common to the theory syllabus. Part B has two options: Financial Statement Analysis with Cash Flow Statement, or Computerised Accounting.

CBSE Class 12 Accountancy Syllabus 2026-27 PDF

The complete file includes the unit marks, detailed topics, learning outcomes, project and practical work, question-paper design and prescribed books for Classes 11 and 12. Download the official Class 12 Accountancy syllabus PDF.

CBSE Class 12 Accountancy Unit-Wise Marks 2026-27

Part A carries 60 of the 80 theory marks. Partnership Firms has the largest share with 36 marks, followed by Companies with 24 marks. Part B carries the remaining 20 marks.

CBSE Class 12 Accountancy Chapter-Wise Syllabus 2026-27

Unit 1: Accounting for Partnership Firms

The unit begins with the meaning and features of a partnership, partnership deed and the rules followed when a deed does not cover an issue. It includes fixed and fluctuating capital accounts, the Profit and Loss Appropriation Account, division of profit, guarantee of profit and past adjustments for interest, salary and profit-sharing ratio.

Goodwill covers its meaning, the factors that affect it and valuation through average profit, super profit and capitalisation. Reconstitution includes a change in profit-sharing ratio, admission, retirement and death of a partner. Students study sacrificing and gaining ratios, revaluation of assets and liabilities, reserves, capital adjustments and preparation of the new balance sheet.

Dissolution covers the difference between dissolution of a partnership and dissolution of a firm, settlement of accounts, Realisation Account, partners' capital accounts and cash or bank account. Piecemeal distribution, sale to a company and insolvency of partners are outside the stated syllabus.

Unit 2: Accounting for Companies

Share capital covers equity and preference shares, issue and allotment, over-subscription and under-subscription, issue at par or premium, calls in advance, calls in arrears and issue for a payment other than cash. It also includes private placement, Employee Stock Option Plan, sweat equity, forfeiture and reissue of shares, and share-capital disclosure in the balance sheet.

Debentures covers meaning and types, issue at par, premium or discount, issue for a payment other than cash, terms of redemption, debentures as collateral security and interest on debentures. Students also study writing off discount or loss on issue and the meaning of redemption. Tax deduction at source on debenture interest is not included.

Part B Option 1: Financial Statement Analysis and Cash Flow Statement

Financial Statement Analysis covers the company Statement of Profit and Loss and Balance Sheet under Schedule III of the Companies Act, 2013. Students study the meaning, uses and limits of financial analysis, along with comparative statements and common-size statements.

Ratio analysis includes liquidity, solvency, activity and profitability ratios. The listed ratios include current and quick ratios; debt-equity and interest coverage; inventory, receivables and payables turnover; gross profit, operating profit, net profit and return on investment.

Cash Flow Statement follows AS 3 (Revised) and uses the indirect method. It covers operating, investing and financing activities, cash and cash equivalents, and the adjustments needed to prepare the statement. Current investments are treated as marketable securities unless the question says otherwise.

Part B Option 2: Computerised Accounting

This option covers the use and structure of a Computerised Accounting System and the difference between generic, specific and customised software. Students learn how charts of accounts are created, accounts are coded, data is entered and checked, adjusting entries are passed, and reports are prepared.

The spreadsheet section includes bank reconciliation, asset accounting, loan repayment schedules, ratio analysis and graphs. The unit also covers data security, password protection and the basic steps used to install and start an accounting system.

CBSE Class 12 Accountancy Project and Practical Work

In both combinations, the file carries 12 marks and the viva carries 8 marks. The work depends on the Part B option.

For Project Work, one specific project can cover any two of these areas: comparative or common-size statements, accounting ratios, segment reports and cash flow statements. The project uses the published financial statements of a company and connects the chosen tools to one set of accounts.

For Computerised Accounting Practical Work, the file is based on work completed through accounting software or spreadsheets. The viva checks the same practical work.

CBSE Class 12 Accountancy Question Paper Design 2026-27

The question-paper design divides the 80 theory marks by the type of thinking used in a question. Remembering and understanding carry 32 marks. Applying carries 24 marks, and higher-order questions carry another 24 marks.

The design does not give fixed marks to individual chapters. The marks table shows the planned balance of skills across the full paper. For the latest section and question format, students can also check the CBSE Class 12 exam pattern.

CBSE Class 12 Accountancy Prescribed Books

The prescribed Class 12 books are NCERT Accountancy Part I, Accountancy Part II and Computerised Accounting System. The Computerised Accounting book applies to that option. Students can find subject resources on the Class 12 books page. The subject-wise Class 12 syllabus covers other subjects.

After covering the syllabus, the CBSE Class 12 question papers 2026 can be used to see how the completed exam presented its questions.