OFFICIAL SYLLABUS
Accountecy(Theory)
Part A : Accounting for not for Profit Organisations,
Partnership Firms and Companies
1. Accounting for not for profit organizations.
2. Accounting for Partnership Firms
3. Reconstitution of Partnership
4. Accounting for Share Capital and Debenture
Part B: Financial Statement Analysis
5. Analysis of Financial Statements
6. Cash Flow Statement
7. Project Work
Unit 1 : Project File
Unit 2 : Written Test
Unit 3 : Viva Voce'
Part C: Computerized Accounting
5. Overview of Computerized Accounting System
6. Accounting using Database Management System (DBMS)
7. Accounting Applications of Electronic Spread sheet
8. Practical Work in Computerized Accounting
Unit 1 : File
Unit 2 : Practical Examination
Unit 3 : Viva Voce'
CLASS XII
Part A:
Accounting for Not-For-Profit Organisations, Partnership
Firms and Companies.
Unit 1: Accounting for Not-for-profit Organisations
• Meaning and features of not for profit organisations.
• Meaning and features of fundbased acccounting.
• Receipts and payments Account
• Preparation of Income and Expenditure Account and Balance Sheet from
• Receipt and Payment Account with additional information.
Unit 2: Accounting for Partnership firms
• Nature of Partnership firm, Partnership Deed-meaning, importance.
• Partners' Capital Accounts : Fixed vs Fluctuating Capital, Division of Profit among partners, Profit and Loss Appropriation Account including past adjustments.
Unit 3: Reconstitution of Partnership
Changes in Profit Sharing Ratio among the existing partners- Sacrificing Ratio and Gaining Ratio.
• Accounting for Revaluation of Assets and Liabilities and distribution of reserves (Accumulated Profits).
• Goodwill: Nature, Factors affecting and methods of valuation: Average profit, Super profit and Capitalisation methods.
• Admission of a Partner: Effect of Admission of Partner, Change in Profit Sharing Ratio, Accounting Treatment for Goodwill (as per AS 10), Revaluation of Assets and Liabilities, Adjustment of Capitals.
• Retirement/Death of a Partner: Change in Profit Sharing ratio, accounting treatment of Goodwill, Revaluation of Assets and Liabilities, Adjustment of Capitals. Dissolution of a partnership firm.
Unit 4: Accounting for Share Capital and Debenture
• Share Capital: Meaning and Types.
• Accounting for share capital: Issue and Allotment of Equity and Preference Shares; public subscription of shares : over subscription and under subscription; issue at par, premium and at discount; calls in advance, calls in arrears, issue of shares for consideration other than cash. Meaning of Private placement of shares and employee stock option plan.
• Forfeiture of shares : accounting treatment, re-issue of forfeited shares.
• Presentation of Share Capital in company’s Balance Sheet.
• Issue of debentures at par; Premium and at discount; writing of discount and loss on issue of debentures; Issue of debentures as collatoral security; issue of debentures for consideration other than cash.
• Redemption of debentures; sources : out of profits - debenture redemption reserve / sinking fund; out of capital-methods : lump sum payment, draw by lots, purchase in the open market and conversion (excluding cum-interest and ex- interest).
Part B: Financial Statement Analysis
Unit 5: Analysis of Financial Statements
• Financial Statements of a Company: preparation of simple balance sheet of a company in the prescribed form with major headings only.
• Financial Statement Analysis: meaning, significance, limitations,
• Tools for Financial Statement Analysis: Comparative Statements, Common Size Statements, Accounting Ratios: meaning and objectives, types of ratios:
Liquidity Ratios: Current Ratio, Liquid Ratio
Solvency Ratios: Debt to Equity, Total Assets to Debt, Proprietary Ratio
Activity Ratios: Inventory Turnover, Debtors Turnover, Payables Turnover, Working Capital Turnover, Fixed Assets Turnover,
Profitability Ratio: Gross Profit, Operating, Net Profit, Return on Investment, Earning Per Share, Dividend per Share, Price Earning Ratio
Unit 6: Cash Flow Statement
• Cash Flow Statement: Meaning and objectives, preparation, adjustments related to depreciation, dividend and tax, sale and purchase of non-current assets (as per revised standard issued by ICAI)
Unit 7: Project Work in Accounting
OR
Part C: Computerised Accounting
Unit 5: Overview of Computerized Accounting System
• Concept and types of Computerised Accounting System (CAS)
• Features of a Computerized Accounting System
• Structure of a Computerised Accounting System
Unit 6: Accounting using Database Management System (DBMS)
• Concept of DBMS
• Objects in DBMS: Tables, Queries, Fo
...Paper Format
Paper Type - Theory
Paper Marks - Theory (100 Marks)
Time duration - 3 hours
Unit & their Weightage
| Units | Marks | |||
| Part A : Accounting for not for Profit Organisations, Partnership Firms and Companies | ||||
| 1. | Accounting for not for profit organizations | 10 | ||
| 2. | Accounting for Partnership Firms | 05 | ||
| 3. | Reconstitution of Partnership | 20 | ||
| 4. | Accounting for Share Capital and Debenture | 25 | ||
| Total | 60 | |||
| Part B: Financial Statement Analysis | ||||
| 1. | Analysis of Financial Statements | 12 | ||
| 2. | Cash Flow Statement | 08 | ||
| 3. | Project Work | Unit 1 : Project File | 04 | 20 |
| Unit 2 : Written Test | 12 | |||
| Unit 3 : Viva Voce' | 04 | |||
| Total | 40 | |||
| OR | ||||
| Part: C Computerized Accounting | ||||
| 1. | Overview of Computerized Accounting System | 05 | ||
| 2. | Accounting using Database Management System (DBMS) | 08 | ||
| 3. | Accounting Applications of Electronic Spread sheet | 07 | ||
| 3. | Project Work | Unit 1 : File | 04 | 20 |
| Unit 2 : Practical Examination | 12 | |||
| Unit 3 : Viva Voce' | 04 | |||
| Total | 40 | |||
For More Information:- Click Here
Conditions of eligibility for admission to class XII
1. Candidates who have been studying in a School recognised by or affiliated to this Board or any other recognised Board of Secondary Education in India.
2. Candidates can not take admission directly in class XII.
3. Candidates had completed a regular course of study for class XI and passed class XI examination from a school affilicated to this Board.
4. The candidates percentage for attendance should be 75% so that the Board to make him/her eligible for the Examinations.
5. Candidate can be admitted to a school only on the transfer of the parents(s) or shifting of their families from one place to another, after procuring from the student the marksheet and the Transfer Certificate duly countersigned by the Educational Authorities of the Board Concerned.
6. There is no age limit for candidates taking the Examination.
7. Candidate should have doucments in support of his having passed the qualifying or equivalent qualifying examination.
TIME TABLE 2023
| Date & Day | Subject | Time Duration |
| Monday 20 March 2023 | Accountancy | 10:00 AM to 01:00 PM (3 Hrs.) |
| Date & Day | Subject | Time Duration |
| Thursday 16 March 2023 | Hindi, Agriculture Hindi (Only for Agriculture Part II) | 10:00 AM to 01:00 PM (3 Hrs.) |
| Saturday 18 March 2023 | Geography, Geology | 10:00 AM to 01:00 PM (3 Hrs.) |
| Monday 20 March 2023 | Urdu, Punjabi, Physics, Accountancy Agronomy Paper I (Only for Agriculture Part I) agronomy Paper VI (Only for Agriculture Part II) | 10:00 AM to 01:00 PM (3 Hrs.) |
| Tuesday 21 March 2023 | Sociology | 10:00 AM to 01:00 PM (3 Hrs.) |
| Thursday 23 March 2023 | Political Science Agricultural Botony Paper II (Only for Agriculture Part I) Agricultural Economics Paper VII (Only for Agriculture Part II) | 10:00 AM to 01:00 PM (3 Hrs.) |
| Friday 24 March 2023 | Drawing & Painting | 10:00 AM to 01:00 PM (3 Hrs.) |
| Saturday 25 March 2023 | Mathematics | 10:00 AM to 01:00 PM (3 Hrs.) |
| Monday 27 March 2023 | Sanskrit, Agricultural Physics and Climatology Paper III (Only for Agricultural Part I) Agricultural Zoology Paper VIII (Only for Agriculture Part II) | 10:00 AM to 01:00 PM (3 Hrs.) |
| Tuesday 28 March 2023 | Psychology, Education, Chemistry | 10:00 AM to 01:00 PM (3 Hrs.) |
| Wednesday 29 March 2023 | Military Science, Computer Science | 10:00 AM to 01:00 PM (3 Hrs.) |
| Friday 31 March 2023 | Economics | 10:00 AM to 01:00 PM (3 Hrs.) |
| Saturday 01 April 2023 | Biology, Indian Music (Vocal), Indian Music (Mailodic Instrument), Indian Music (Purssion Instrument), Agricultural Engineering Paper IV (Only for Agriculture Part I) Agricultural Animal Husbandry and Veterinary Science Paper IX (Only for Agriculture Part II) | 10:00 AM to 01:00 PM (3 Hrs.) |
| Monday 03 April 2023 | English | 10:00 AM to 01:00 PM (3 Hrs.) |
| Wednesday 05 April 2023 | History Agricultural Mathematics and Preliminary Statistics Paper V (Only for Agriculture Part I) Agricultural Chemistry Paper X (Only for Agricultural Part II) | 10:00 AM to 01:00 PM (3 Hrs.) |
| Thursday 06 April 2023 | Home Science, Business Study | 10:00 AM to 01:00 PM (3 Hrs.) |
For More Information:- Click Here
Paper Analysis
1. This question paper contains Three parts. A, B & C.
2. Part A is compulsory for all candidates.
3. There will be choice on Part B & Part C.
4. All parts of question should be attempted together.
5. In this Part - A 15 questions of 60 marks.
6. In this Part - B & C 6 questions of 40 marks.
And
There was no overall choice. However, an internal choice was given in two questions of 6 mark each, one questions of 8 marks each, two questions of 4 marks each, and two questions of 6 marks each. Students needed to attempt only one of the alternatives in all such questions.
Comment
1. The Difficulty level of the Accountancy paper 2020: Easy to moderate
2. 1 mark question was tricky
3. Paper was too lenghty
4. The pattern of the Accountancy paper was similar to the latest Accountancy Sample Paper 2020
5. All the questions in the paper were asked from the latest syllabus and based on NCERT textbooks.
6. The average range of expected marks was 60+ (out of 80)
1. There are three parts in this question paper. A, B and C.
2. Part A is compulsory for all the candidates.
3. There will be selection in Part B and Part C.
4. All the parts of the question should be attempted together.
5. Part A consists of 15 questions carrying 60 marks.
6. Question numbers 1 to 4 carry 2 marks, question numbers 5 and 6 carry 3 marks, question numbers 7 to 11 carry 4 marks , 6 marks 12 to 14 and 8 marks 15 for question nos . Is.
7 . Part B and C consists of 6 questions carrying 40 marks.
7. There was no overall option. However, an internal choice was given in two questions of 6 marks each, one question of 8 marks each, two questions of 4 marks each and two questions of 6 marks each.
8. The students were required to attempt only one option out of all such questions.
UBSE announces Class 10 & 12 results 2025. Check pass percentages, toppers, and download your marksheet at ubse.uk.gov.in or uaresults.nic.in...
| Posted On: 19 Apr, 2025 | |
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