class 12 accountancy syllabus
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Get the revised and updated Class 12 Accountancy Syllabus

After passing their 10th-grade board exam, many students pursue a career in commerce. Additionally, there are numerous bright career choices for children in this field. However,  business administration chartered accountancy and financial management is the most popular. However, getting a high score in CBSE class 12 commerce is not easy. Also, the complicated theories and equations and the mandating subjects of this course—Class 12 Accountancy Syllabus, Business Studies, and Economics—present numerous challenges.

Furthermore, unlike Science and the Arts, they have not been exposed to commerce since childhood. As a result, it becomes even more challenging for students to understand business concepts and jargon. Moreover, their chances of performing well in their upcoming 12th-grade board exams can become questionable.

Also, accountancy is a very crucial subject in the field of commerce. However, some students find it very difficult to understand. But Class 12 Accounts Online Classes solve your entire problem. Additionally, CBSE deducted some chapters from the previous accounting syllabus. Moreover, the revised form of the Class 12 Accountancy Syllabus helps you improve your accounting knowledge. As a result, students can learn about partnership firms, accounting of shares, and financial statements of the firm.

 

Besides that, the compulsory topics of class 12 accountancy will help students to learn the fundamentals of accounting. Moreover, having a thorough understanding of chapters will help students score good marks in the board exam. Also, here is the revised form of the Class 12 Accountancy Syllabus. So, let’s know more about the revised Class 12 Accountancy Syllabus.

 

Class 12 Accountancy Syllabus

 

However, as per the new and updated syllabus of CBSE, some chapters and units are deleted from the Class 12 Accountancy Syllabus 2021-22.

 

Deleted Class 12 Accountancy Syllabus for term 1 is

 

Unit topic deduction
ACCOUNTING FOR PARTNERSHIP FIRMS 3 ADMISSION OF A PARTNER Adjustment of capital accounts and preparation of balance sheet

 

Reduce Class 12 Accountancy Syllabus is

 

Unit topic deduction
ACCOUNTING FOR NOT-FOR-PROFIT ORGANISATIONS RETIREMENT AND DEATH OF A PARTNER 1. adjustment of capital accounts2. Preparation of loan account of the retiring partner3. Preparation of deceased partner’s capital account and his executor’s account
ACCOUNTING FOR NOT-FOR-PROFIT ORGANISATIONS ACCOUNTING FOR DEBENTURES 1. Redemption of debentures-Methods: Lump sum, the draw of lots.2. Creation of Debenture Redemption Reserve.3. Investment in Debenture Redemption Investment
Part b Tools of Financial Statement Analysis 1. Cash flow analysis,2. Ratio Analysis

 

Class 12 Accountancy Syllabus

 

After reducing units, the revised Class 12 Accountancy Syllabus for both terms is mentioned below.

 

CBSE Class 12 Accountancy Syllabus Term 1

 

Theory: 40 Marks                                                                      Time: 90 Mins
Sl. No. Units Marks
Part A 18

123

 Unit 1Accounting for Partnership Firms: FundamentalsChange in Profit Sharing RatioAdmission of a Partner

1

 Company Accounts: 12
Accounting for Shares
Part B 10

1

2

 Analysis of Financial Statements: Financial Statements of a Company) Statement of Profit and Loss and Balance Sheet in the prescribed form with major headings and subheadings (as per Schedule III to the Companies Act, 2013) (ii) Tools of Analysis – Ratio AnalysisAccounting Ratios
OR

12

 Computerised AccountingOverview of Computerised Accounting SystemAccounting Application of Electronic Spreadsheet 10
Total Marks 40
Project Work (Part -1) 10

 

CBSE Class 12 Accountancy Syllabus

 

Theory: 40 Marks                                                             Time: 90 Mins
SI. No. Units Marks
Part A 12

12

 UnitAccounting for not-for Profit organisations-Accounting for Partnership Firms: Retirement and Death of a PartnerDissolution of Partnership Firms

1

 Company Accounts: Accounting for Debentures 8

1

2

 Part B 10
Analysis of Financial Statements: Financial Statements of a Company(i) Comparative and Common Size Statements Cash Flow Statement
OR

12

 Computerises AccountingUsing Computerised Accounting SystemDatabase Management System 10
Total 40
Project Work (Part -2) 10

 

Complete Class 12 Accountancy Syllabus with online classes

 

Moreover, many students adopt the online learning facility for class 12 accountancy. Whenever you join online classes, you can complete the revised Class 12 Accountancy Syllabus. Additionally, an online class is a more convenient way of studying. However, the online class helps you to learn profound things about accountancy.

 

Also, here are some benefits of joining online classes for class 12 accountancy.

 

Deep knowledge about accountancy

 

Online classes help you to complete the revised Class 12 Accountancy Syllabu sbefore the exam date. However, the faculty of online classes help students personally to learn accountancy. In fact, through online classes, you can record the whole class and replay it whenever you are free. Additionally, you can join the WhatsApp group of online accounting classes to ask your doubt anytime. As a result, you score 90% above in your CBSE board exam.

 

Proper study material

 

Also, you can get proper study material through online classes. Thus you can prepare an accounting note which helps you in your board exam. However, the improved learning facility of online classes enables you to learn more about accountancy. Additionally, the faculties help students by providing them with essential tips and PDFs of every chapter. Apart from this, online classes also offer equal importance to the theory part of accounting. Therefore students easily understand the concept of accounting.

 

Doubt solving sessions

 

Moreover, online classes deliver regular doubt solving sessions to students. While students do not understand any chapter, they get doubt-solving classes. Additionally, many online classes provide doubt solving classes simultaneously with regular classes. Also, online classes even clarify all the doubts instantly. As a result, you secure good numbers in the CBSE board exam. And also clearly understand the basics of accountancy.

 

Online guidance

 

In spite of all these, you can get online guidance for your accountancy. Also, you get the proper solution to every problem whenever you join online classes. Additionally, the teaching staffs even provide you with home assignments that enhance your knowledge. In addition, you also get essential tips to secure good numbers in accountancy. Moreover, the staff of online classes not only provide you with tips but also motivate you to work hard. Undoubtedly online class is the best option for every student because you get personalized guidance. Additionally, the guidance will help you to cover the entire Class 12 Accountancy Syllabus on time.

 

Flexible study time

 

Also joining online classes, you get flexible time to study accountancy. Moreover, you can learn anywhere and anytime. In fact, you can comfortably study accountancy and prepare your notes. Additionally, you get a proper balance of study with online classes. Moreover, you can save your time to travel through online classes. Also, keep your travel expenses. As a result, online classes are very much convenient for all students.

 

Accountancy Scoring Strategies

 

Pay careful attention to the theory.

 

Also, the theory part of accounting presents you with features, benefits, and drawbacks. Moreover, do not reject them. Also, this is the key to getting a high theory score. However, memorizing them is insufficient. Hence, experiment with writing them out.

 

Understand the concepts

 

Moreover, just memorizing the concepts, you need to understand the idea. Since accountancy requires solving problems, students well-versed with concepts can easily score good marks. Moreover, simply memorizing the chapters isn’t the key to achieving a good score. Hence, focus on the clearing concept.

 

Pay attention to formats.

 

Additionally, you must be cautious of the  Trial Balance, Balance Sheet, and Journal Ledger Accounts formats with the concepts. Also, it is critical to present them in the proper form if you want to get good grades in accounting. As a result, practice drawing formats to achieve better precision and agility. Additionally, narrations are just as important. Hence, don’t forget about them.

 

Regular practice is essential.

 

Moreover, Accountancy is a broad subject that necessitates a great deal of patience and practice. Hence, do not restrict yourself to the NCERT books and reference materials. As a result, allow enough time to answer as many questionnaires as you can. Moreover, this includes sample and previous year’s question papers.

 

Accounting Scoring Strategies

 

Keep a close eye on the theory.
Additionally, the theory portion of accounting explains features, benefits, and drawbacks. Furthermore, do not dismiss them. This is also essential for achieving a high theory marks. Memorizing them, on the other hand, is insufficient. As a result, try writing them down.

 

Understand the concepts
Furthermore, you must comprehend the concept rather than simply memorise it. Because accountancy necessitates problem-solving, students who are well-versed in the concepts can easily achieve good grades. Furthermore, simply memorising the chapters isn’t enough to get a good grade. As a result, concentrate on the clearing concept.

 

It is critical to practise regularly.
In addition, accounting is a broad subject that requires a lot of patience and practise. As a result, don’t limit yourself to NCERT textbooks and reference materials. As a result, give yourself plenty of time to complete as many questionnaires as possible. Additionally, sample and previous year’s question papers are included.

 

Conclusion

 

Finally, you get many online class options for class 12 accountancy, but Vidya setu online classes give you the desired result. Also, Vidya setu online classes give you all the above facilities. Additionally, this institute also helps you secure a 90% above number in class 12 accountancy. So do not spend more time selecting one of the best online classes for class 12 accountancy.

 

Hence, Vidya Setu is your one-stop solution. Moreover, the above-mentioned benefits can help you score well in your exams.

 

Also, Vidya setu helps you cover all the revised class 12 accountancy syllabus before your exam date. After all, completing the course before your exam starts is essential. So, join Vidya Setu today.

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