NCERT Books for Class 12 Accountancy include two official textbooks for the 2026 academic year: Partnership Accounts and Company Accounts and Analysis of Financial Statements. These books help students understand partnership accounting, company accounts, financial statements, ratio analysis and cash flow statements as per the Class 12 Accountancy syllabus.
Key Takeaways
- Book 1: Partnership Accounts covers partnership firms, admission, retirement, death and dissolution.
- Book 2: Company Accounts and Analysis of Financial Statements covers shares, debentures, statements, ratios and cash flow.
- Academic Year: Both books are available as Reprint 2026-27 editions.
- Exam Use: These books build the base for CBSE Class 12 Accountancy board exam preparation.
NCERT Books for Class 12 Accountancy Structure 2026
| Book |
Main Focus |
Chapters |
| Partnership Accounts |
Partnership firms and reconstitution |
4 chapters |
| Company Accounts and Analysis of Financial Statements |
Company accounts and financial analysis |
6 chapters |
NCERT Class 12 Accountancy Book 2026 Overview
The NCERT Class 12 Accountancy Book is divided into two parts. The first book focuses on partnership accounting, while the second book focuses on company accounts and analysis of financial statements.
The Partnership Accounts textbook includes four chapters. It covers basic partnership concepts, admission of a partner, retirement or death of a partner and dissolution of a partnership firm.
The Company Accounts and Analysis of Financial Statements textbook includes six chapters. It covers share capital, debentures, company financial statements, financial statement analysis, accounting ratios and cash flow statement.
NCERT Class 12 Accountancy Chapter List
Book 1: Partnership Accounts
| Chapter No. |
Chapter Name |
| 1 |
Accounting for Partnership: Basic Concepts |
| 2 |
Reconstitution of a Partnership Firm: Admission of a Partner |
| 3 |
Reconstitution of a Partnership Firm: Retirement/Death of a Partner |
| 4 |
Dissolution of Partnership Firm |
Book 2: Company Accounts and Analysis of Financial Statements
| Chapter No. |
Chapter Name |
| 1 |
Accounting for Share Capital |
| 2 |
Issue and Redemption of Debentures |
| 3 |
Financial Statements of a Company |
| 4 |
Analysis of Financial Statements |
| 5 |
Accounting Ratios |
| 6 |
Cash Flow Statement |
NCERT Class 12 Accountancy Chapter Overview
- Book 1, Chapter 1: Accounting for Partnership: Basic Concepts: Explains partnership deed, capital accounts, profit distribution, guarantee of profit and past adjustments.
- Book 1, Chapter 2: Reconstitution of a Partnership Firm: Admission of a Partner: Covers new profit-sharing ratio, sacrificing ratio, goodwill, revaluation of assets and capital adjustment.
- Book 1, Chapter 3: Reconstitution of a Partnership Firm: Retirement/Death of a Partner: Explains gaining ratio, treatment of goodwill, accumulated profits, revaluation and settlement of amount due.
- Book 1, Chapter 4: Dissolution of Partnership Firm: Covers dissolution, settlement of accounts and accounting treatment at firm closure.
- Book 2, Chapter 1: Accounting for Share Capital: Explains company features, types of companies, share capital, issue of shares and forfeiture.
- Book 2, Chapter 2: Issue and Redemption of Debentures: Covers debenture types, issue terms, interest, collateral security and redemption methods.
- Book 2, Chapter 3: Financial Statements of a Company: Explains the meaning, objectives, types, uses and limitations of company financial statements.
- Book 2, Chapter 4: Analysis of Financial Statements: Covers comparative statements, common-size statements and tools of financial analysis.
- Book 2, Chapter 5: Accounting Ratios: Explains liquidity, solvency, activity and profitability ratios used in financial analysis.
- Book 2, Chapter 6: Cash Flow Statement: Covers operating, investing and financing activities and preparation of cash flow statements.
NCERT Class 12 Accountancy Book PDF
Students can download the NCERT Class 12 Accountancy Book PDF from official NCERT platforms. They should use the latest 2026-27 reprint to avoid outdated chapter sequencing or deleted content.