The board has finalized the Maharashtra class 12 Accountancy Syllabus 2026 which includes 10 chapters. In this article, you can get the detailed syllabus for the subject. All the chapters are described with the sub-topics included in them. Check the detailed syllabus and ensure you cover all the chapters in detail. You can also go through the Maharashtra class 12 Exam Pattern 2026 to understand the marking scheme. By knowing the syllabus in detail and exam pattern, you will be able to prepare better for the board exams. Also, solve the sample papers and previous year question papers to test your preparation level. Read further to get detailed information about the Maharashtra class 12 Accountancy Syllabus 2026 and download the syllabus through the link available.
Maharashtra class 12 Accountancy Syllabus 2025-2026
In Maharashtra class 12 Accountancy Syllabus 2026, there are 10 chapters in total. These chapters include various sub-topics to provide in-depth knowledge. To prepare the subject, you can divide the syllabus in small parts and cover them one by one. In this way, you will be able to complete the Accountancy syllabus in time. Moreover, you can check the important questions through the previous year question papers and regularly practice to score better marks.
1 Introduction to Partnership and Partnership Final Accounts
Concept of Partnership
- Meaning and Definition
- Mam Features of Partnership
Partnership Deed
- Documents of the Partnership Deed
- Importance of Partnership Deed
- Provisions Relevant for Accounting
- Format of Partnership Deed
Provision of the Indian Partnership Act 1932
- Distribution of profit
- Interest on drawings
- Interest on partner's loan
- Interest on capital
- Salary or commission to Partners
- Admission of a new partner
Methods of Capital Accounts - Fixed and Fluctuating Capital Method
Partnership Final Accounts
- Contents
- Competency Statements
- Introduction
- Various Steps in Accounting
- Necessity of Preparation of Final Accounts
- Preparation of Partnership Final Accounts
2 Accounts of 'Not for Profit' Concerns
Accounts of "Not for Profit" Concerns
Introduction
- Meaning of Not for Profit concern
- Features of Not for Profit concern
- Difference between Profit organisation and Not for Profit organisation
- Need for maintaining books of accounts and preparing final accounts
Receipts and Payment: Account
Meaning
- Features of Receipts and Payments Account
- Types of Receipts
- i) Capital Receipts
- ii) Revenue Receipts
- Types of Payments
- 1) Capital Expenditure
- ii Revenue Expenditure
- i1) Deferred Revenue Expenditure
- Specimen of Receipts and Payments Account
- Steps in preparation of receipts and payments account
- Meaning and Concept of fund-based and non-fund-based account
Income and Expenditure account
- Features of income and expenditure account
- Use of income and expositive account
- Differences in income and expenditure
3 Reconstitution of Partnership (Admission of Partner)
- Reconstitution of Partnership
- Meaning
- Different forms of reconstitution
- Admission of a Partner
- Need
- Capital brought by new partner
- New Profit Sharing Ratio
- Sacrifice Ratio
- Concept of Goodwill
- Meaning of Goodwill
- Nature and Features of Goodwill
- Factors Affecting the Value of Goodwill
- Need for Valuation of Goodwill
- Methods of Valuation of Goodwill
- Average Profits Method
- Super Profits Method
- Capitalisation Methods
- Treatment of Goodwill
- Premium Method
- Revaluation Method
- Hidden Goodwill
- Admission of a Partner - Revaluation of Assets and Liabilities
Meaning
- Adjustment of accumulated Profits and Losses
- Adjustment of Capitals
MCQ Online Mock Tests
4 Reconstitution of Partnership (Retirement of Partner)
- Reconstitution of Partnership (Retirement of Partner)
- Introduction
- New Ratio
- Gain Ratio
- Treatment of Goodwill
- Premium Method
- Revaluation Method
- Hidden Goodwill
- Transfer of Reserve Fund Or General Reserve/Accumulated Profit Or Loss
- Accounting for Revaluation of Assets and Reassessment of Liabilities
- Retirement Or Death of a Partner - Adjustment of Capitals
- Total Payable Amount to Retiring Partner
5 Reconstitution of Partnership (Death of Partner)
Reconstitution of Partnership (Death of Partner)
- Meaning
- New Profit sharing ratio
- Gain Ratio
- Revaluation of assets and liabilities.
- Amount due to deceased partner's executor
- Settlement of amount due
- Accounting treatment
6 Dissolution of Partnership Firm
- Dissolution of Partnership Firm
- Accounting Procedure of Dissolution of Partnership Firm
- (A) Simple Dissolution
- (E) Dissolution Under Insolvency Situation
7 Bills of Exchange
- Bills of Exchange
- Introduction
- Necessity
- Meaning
- Definition of Bill of Exchange
- Features of bills of exchange
- Specimen of bill of exchange
- Important terms
- Parties to a Bill Exchange
- Dramer
- Dramee
- Payee
- Parties to a Promissory Note
- Maker or Drawer
- Drawee or Payee
- Contents of Format of Bill of Exchange
- Date
- Term
- Amount
- Stamp
- Parties
- For value received
- Acceptance
- Specimen of a bill of exchange
- Honour and Dishonour of Bill of Exchange
8 Company Accounts - Issue of Shares
- Share and Share Capital
- Meaning and Definition
- Types of Shares
- Treatment of share capital in Company Balance Sheet (Horizontal Form)
- Kinds of Share Capital
- Equity Share Capital
- Preference Share Capital
- Kinds of Preference shares.
- Tenure of Preference Shares
- Accounting for Share Capital
- Public Issue of Shares
- Basic Accounting Entries for Issue of Shares
- Issue of Shares at Par, Premium and Discount
- Oversubcription and Undersubscription of shares
- Calls in Arrears and Calls in Advance
- Issue of Shares for Consideration other than cash
- Forfeiture of Shares
- Accounting treatment for forfeiture of shares
- Re-issue of Forfeited Shares.
9 Analysis of Financial Statements
- Concept of Financial Statement Analysis
- Meaning of Financial Statement Analysis
- Objectives of Financial Statement Analysis
- Importance and Limitations of Financial Statement Analysis
- Tools for Financial Statement Analysis
- Tools for Financial Statement Analysis
- Comparative Staterent
- Common Sized Statement
Cash Flow Statement.
e Trend Analysis
- Funds flow analysts
* Concept of Accounting Ratios
- Meaning of Accounting Ratios
- Objectives of Accounting Ratios
- Classification and Computation of Accounting Ratios
10 Computer in Accounting
- Computerized Accounting System (Cas)
- Features of computerized Accounting System
- Importance of Computerized Accounting System
- Components of Computerized Accounting System
- Comparison between manual accounting process and Computerized accounting :
- Sourcing of Accounting Software
- Accelerating Packages
- Ready-to-Use
- Customized
- Tailored
- Free & Open Source
All these chapters have various sub-topics. Students should go through the chapters in detail and cover up the syllabus. They should go through all the sub-topics and get complete knowledge. In addition, students also need to complete the project. It will be a chance for them to improve their score by easily scoring high marks in projects.
