Gujarat Board Subject Wise Syllabus Class 12 Accountancy 2026-27
Accountancy is a very important and practical subject for commerce students. It teaches you how businesses maintain their financial records and prepare statements. Many students find Accountancy scoring if they practice regularly.
This blog will explain the complete Accountancy syllabus in simple language. Understanding your syllabus helps you prepare better and score excellent marks. Let's begin your journey to success!
Why is Accountancy Important?
Accountancy is not just a board exam subject. It is a valuable skill for your career:
✅ Career foundation: Essential for CA, CS, CMA and other professional courses.
✅ Job opportunities: You can become accountant, auditor, tax consultant or financial manager.
✅ Business skills: If you want to start your own business, Accountancy helps manage finances properly.
✅ Scoring subject: With regular practice, Accountancy is one of the highest scoring subjects in commerce.
Your Class 12 Accountancy marks are very important for commerce college admissions. So prepare seriously from day one!
✔ Complete Gujarat Board Class 12 Accountancy Syllabus 2026-27
The Gujarat Board Accountancy syllabus has two parts - Accounting for Partnership Firms and Companies, and Financial Statement Analysis. Let's understand each part:
✔ Part A: Accounting for Partnership Firms and Companies
This part teaches you partnership and company accounting in detail.
✅ Partnership Accounts - Fundamentals: Learn about partnership deed, profit and loss appropriation account, fixed capital vs fluctuating capital, interest on capital, interest on drawings, partners' salary and commission.
✅ Goodwill - Nature and Valuation: Understand what is goodwill, factors affecting goodwill and methods of valuation (average profit method, super profit method, capitalization method).
✅ Change in Profit Sharing Ratio: Study accounting treatment when partners change their profit sharing ratio. Learn about gaining ratio, sacrificing ratio, treatment of reserves and revaluation of assets and liabilities.
✔ Topic
✔ What You Learn
Admission of Partner
New partner's capital, goodwill adjustment, revaluation
Retirement of Partner
Settlement of dues, gain ratio, adjustment entries
Death of Partner
Calculating deceased partner's share, executor's account
Dissolution of Firm
Closing books, settlement of accounts, insolvency cases
✅ Admission of a Partner: Learn how to calculate new partner's capital, adjust goodwill, revalue assets and liabilities. Practice numerical problems on hidden goodwill and adjustment entries.
✅ Retirement/Death of a Partner: Study how to calculate retiring/deceased partner's dues, prepare revaluation account, adjust goodwill and settle final payment.
✅ Dissolution of Partnership Firm: Understand difference between dissolution of partnership and dissolution of firm. Learn accounting entries for closing books and distributing assets.
✅ Accounting for Share Capital: Study types of share capital, share issue (at par, premium, discount), calls in arrears, calls in advance, forfeiture of shares and reissue of forfeited shares.
✅ Issue of Debentures: Learn about debentures, types of debentures, issue at par/premium/discount and writing off discount/loss on issue of debentures.
✅ Redemption of Debentures: Understand methods of redemption, creation of debenture redemption reserve and sinking fund method.
✔ Part B: Financial Statement Analysis
This part teaches you how to analyze and interpret financial statements.
✅ Financial Statements of a Company: Learn about profit and loss statement format, balance sheet format as per Schedule III of Companies Act. Understand major headings and their components.
✅ Financial Statement Analysis: Study objectives of analysis, tools of analysis (comparative statements, common size statements), advantages and limitations.
✅ Accounting Ratios: This is a very important chapter with many numerical problems. Learn all ratios:
✅ Liquidity Ratios: Current ratio, quick ratio
✅ Solvency Ratios:Include Ratios that measure long-term financial stability.Debt to equity ratio, total assets to debt ratio, proprietary ratio, interest coverage ratio -
✅ Activity Ratios: Inventory turnover ratio, trade receivables turnover ratio, trade payables turnover ratio, working capital turnover ratio - measure efficiency of operations.
✅ Profitability Ratios: Gross profit ratio, net profit ratio, operating ratio, return on investment - measure company's profit earning capacity.
✅ Cash Flow Statement: Learn about operating activities, investing activities, financing activities. Understand how to prepare a cash flow statement using an indirect method.
✔ How to Score 95+ in Accountancy?
Accountancy is a practice-based subject. Regular practice is the key to scoring high marks.
✅ Practice :Accountancy needs hand practice, not just reading theory.
✅ Understand Format: Learn proper formats for all accounts, statements and balance sheets. Wrong format means losing marks even if calculations are correct.
✅ Make Formula Sheet: Write all formulas and important points in one notebook. Revise this formula sheet daily before starting practice.
✅ Learn Journal Entries: Accountancy is based on journal entries. If your entries are correct, the final answer will be correct. Master all journal entries first.
✅ Double Check Calculations: Always verify your calculations. In exams, recheck final answers before moving to the next question.
✅ Time Management: Practice solving papers within a time limit. Give proper time to each section based on marks weightage.
✔ Gujarat Board Accountancy Exam Pattern 2026-27
The Accountancy paper is of 100 marks Of which 80 marks with 20 marks for internal assessment, The paper includes objective questions (MCQs), very short answers, short numerical problems and long numerical problems. Some questions have internal choices.
Part A (Partnership and Company Accounts) and Part B (Financial Analysis) both carry almost equal weightage. Don't ignore any part.
Numerical problems carry maximum marks. Practice them thoroughly as they are highly scoring if you know the methods.
✔ Common Mistakes
✅ Not Following Format: Each statement has a specific format. Not following format costs marks. Learn and practice proper formats.
✅ Incomplete Workings: Always show complete workings in numerical problems.
✅ Ignoring Theory: Some students only practice numericals and ignore theory questions. Theory questions are also important and easy to score.
✔ Why Choose Gradehunt for Accountancy Preparation?
Accountancy needs regular practice and expert guidance. Gradehunt provides the best coaching for Gujarat Board Accountancy!
Our Accountancy faculty includes chartered accountants and commerce experts with 20+ years teaching experience. They know exactly what the Gujarat Board expects in answers.
✔ What Gradehunt Offers:
✅ Expert Faculty: Our teachers are CA and commerce postgraduates who make difficult topics easy.
✅ Daily Practice: We provide daily practice sheets with variety of problems from easy to difficult level.
✅ Format Training: Special sessions on learning all formats perfectly for different accounts and statements.
✅ Doubt Clearing: Unlimited doubt sessions where teachers solve your problems patiently.
✅ Study Resources: Complete notes and previous year papers.
✅ Weekly Tests: Regular tests under similar type of exam conditions
Many Gradehunt students have scored 95+ in Accountancy and cleared CA Foundation. Your success is our mission!
Start Your Accountancy Success Journey!
Now you have complete information about Gujarat Board Class 12 Accountancy syllabus for 2026-27. Success in Accountancy comes with regular practice and consistency.
Make your study plan today. Practice problems daily without fail. Learn all formats perfectly. Revise journal entries regularly. With proper practice, scoring 95+ is definitely achievable!
Join Gradehunt and Master Accountancy!
At Gradehunt, we make Accountancy simple and enjoyable. Our step-by-step teaching method ensures every student masters each concept before moving forward.
Visit our Delhi center or call us for information about Class 12 Accountancy batches. We offer morning batches, evening batches, weekend classes and online coaching!
Contact Gradehunt now for a FREE demo class! See how we make Accountancy easy and interesting. Your journey to 95+ marks begins here!
Frequently Asked Questions
Q1.How many marks are in the Accountancy paper?
Theory paper is 80 marks and internal assessment is 20 marks
Q2.Is Accountancy difficult to score?
No, Accountancy is very scoring if you practice regularly. It's a numerical subject where practice makes perfect.
Q3. How much time should I practice Accountancy daily?
Solve 10-15 problems covering various topics of accountancy.
Q4.Should I memorize all journal entries?
No, you must remember all the basic journal entries.
Q5.How to avoid all the calculation mistakes?
Use a calculator properly, write workings neatly, don't hurry and always double-check final answers.
Q6. Are previous year papers important?
Yes, very important! Solve at least 10 years of previous papers to understand patterns and important topics.
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Science is very important for your board exams. There are three sections: Physics, Chemistry and Biology. All the three are equally valuable to attain good marks. This guide will walk you through the specific topics you are going to study this year. “Science syllabus 2026-27 is framed in a manner that the concepts shall be clarified.

Gujarat Board Subject Wise Syllabus Class 10 Social Science 2026-27
Hello students! Do you want to get full details about class 10 social science syllabus? Social Science is a fascinating subject that introduces you to history, geography, economics and civics. This is a subject that helps you make sense of the world. A lot of students think Social Science is nothing but rote memorization. But it is far more than that. With the right approach and smart studies, you can easily score 90-plus marks. This article will help you to get all details about the GSEB Social science syllabus

Gujarat Board Subject Wise Syllabus Class 10 Hindi Second Language 2026-27
This guide will help you understand everything about the GSEB Hindi syllabus for 2026-27.

Gujarat Board Subject Wise Syllabus Class 10 English First Language 2026-27
Hello students! Good English skills help you in every subject and in your future career.
This guide gives you complete information about GSEB English First Language syllabus for 2026-27.

Gujarat Board Class 10 English Second Language Syllabus for 2026-27
Hello students! Do you study in Class 10 in Gujarat Board? Would you like to know all about your syllabus overview in the syllabus English Second Language in 2026-27? Why then you are in the right place!
English is a very subjective one. It assists in your further studies and work.The first thing to do to achieve good marks is to understand your syllabus. You are able to plan on what you are to prepare when you are aware of what you are to study.

Gujarat Board Subject Wise Syllabus Class 12 Mathematics 2026-27
Are you studying in Class 12 and you are going to take the Mathematics board exam? Math is among the subjects that are most significant to engineering and science professions. Best marks in Maths are a gateway to the best colleges and courses.

Gujarat Board Subject Wise Syllabus Class 12 Physics 2026-27
Will you be taking the Class 12 Physics board exam? Physics is an essential course that can be used in engineering and medical entrance exams. You can know about Physics to understand it and pass your test in JEE, NEET, and other competitive exams.
The guide contains all the details on GSEB Class 12 Physics syllabus of 2026-27. Physics is a combination of theory, numerical problems and practicals. By practice and proper approach, scoring higher than 85 marks in Physics is an easy thing.

Gujarat Board Subject Wise Syllabus Class 12 Chemistry 2026-27
The subject of chemistry is quite crucial particularly in case you aspire to be a doctor, engineer or scientist. Chemistry is hard for many students as it entails theories, formulas and practical. But don't worry!
This blog will give a description of the entire Chemistry syllabus in easy terms. Once you are aware of what to study, it is less difficult to prepare and you gain higher marks. Let's start!

Gujarat Board Subject Wise Syllabus Class 12 Biology 2026-27
Hello Class 12 students! Preparing Gujarat Board Biology examination? You are at the perfect place!
The most significant one in case you want to become a doctor, dentist, veterinarian or something in the life sciences is biological. There are several students who are fond of Biology but they are confused on what to actually study.
This blog is going to describe in very simple terms the entire syllabus of Biology. As you know your syllabus well, you are in a better position to score good marks. It is time to start your success!

Gujarat Board Subject Wise Syllabus Class 12 English 2026-27
English is a very important subject for your board exams and future. Many students think English is easy and ignore it. But without proper preparation, scoring good marks is difficult.

Gujarat Board Subject Wise Syllabus Class 12 Political Science 2026-27
This blog will explain the complete Political Science syllabus in simple language. Understanding your syllabus properly helps you prepare better and score excellent marks. Let's begin!
Political Science teaches you about government, politics, democracy and international relations. Many students choose this subject because it is scoring and relevant to current affairs.

Gujarat Board Subject Wise Syllabus Class 12 Economics 2026-27
Economics educates you on money, business, government policies and economy. Economics scoring has been found to be of value to many students in future careers.
This blog would discuss the entire Economics syllabus for Class 12th in straightforward terms. You know what you are about and thus your preparation does not become scattered. You are ready to begin your success!

Gujarat Board Class 12 Geography Syllabus 2026-27
Hello Class 12 students! Are you preparing for the Gujarat Board Geography exam? Then you would be requiring complete information about the Geography syllabus for 2026-27, Right?
Have you ever thought about why you have to prepare for Geography? Because it teaches you about our Earth, people, resources and environment. Many students love Geography because it connects with the real world and current issues.
This blog will explain the complete Geography syllabus in simple language. When you understand what to study, scoring good marks becomes easier. Let's start your preparation journey!

Andhra Pradesh Board Exam Dates 2027 – Expected Dates, Timetable & Preparation Plan
Every year Andhra Pradesh Board of Secondary Education (BSEAP) and Board of Intermediate Education Andhra Pradesh (BIEAP) conduct the Class 10 (SSC) and Class 11 & 12 (Intermediate) exams. The official Andhra Pradesh Board Exam Dates 2027 will be announced soon as per the academic calendars. However, candidates can also plan their studies beforehand on the basis of last year's trends. Knowing the tentative schedule lets students plan and curate a time table.

Class 12th Commerce Subjects List – Gujarat Board (GSEB)
Opting for the Commerce stream in class 12 under the Gujarat Secondary and Higher Secondary Education Board (GSEB) is a wise decision. Before starting Class 12, students should know exactly which subjects they need to study, the combinations of subjects, and so on. Through this blog, you will learn in detail about 12th Commerce subjects list under Gujarat Board (GSEB)with an in-depth explanation, examination pattern and career option related to their specific core or optional subject