NCERT Books Class 12 Accountancy: Part I, II & CAS PDFs
About the NCERT Class 12 Accountancy Books
Looking for the official NCERT Class 12 Accountancy textbooks? Class 12 Accountancy is prescribed as three separate books, not one. This is the first thing you need to know, because searching for “NCERT Class 12 Accountancy” alone can lead to confusion about which chapters belong where.
The three official books are: Accountancy Part I (partnership accounts, 4 chapters), Accountancy Part II (company accounts and financial analysis, 6 chapters), and Computerised Accounting System (the elective Part B option, 4 chapters). We have verified all 14 chapter PDFs as genuine on ncert.nic.in (HTTP 200 response), checked on 2026-07-11. Using an outdated or unofficial PDF risks missing renumbered sections or deleted chapters, which can cost you marks during revision.
The chapter PDFs below are code-linked directly to the official NCERT website. Download only from these links to ensure you have the current edition.
Accountancy Part I: Partnership Accounts (4 Chapters)
| Ch. | Chapter | Pages | Official PDF |
|---|---|---|---|
| 1 | Accounting for Partnership: Basic Concepts | 47 | |
| 2 | Reconstitution of a Partnership Firm – Admission of a Partner | 59 | |
| 3 | Reconstitution of a Partnership Firm – Retirement/Death of a Partner | 49 | |
| 4 | Dissolution of Partnership Firm | 39 |
| Ch. | Chapter | Pages | Official PDF |
|---|---|---|---|
| 1 | Accounting for Share Capital | 74 | |
| 2 | Issue and Redemption of Debentures | 69 | |
| 3 | Financial Statements of a Company | 27 | |
| 4 | Analysis of Financial Statements | 23 | |
| 5 | Accounting Ratios | 47 | |
| 6 | Cash Flow Statement | 46 |
| Ch. | Chapter | Pages | Official PDF |
|---|---|---|---|
| 1 | OVERVIEW OF | 16 | |
| 2 | SPREADSHEET | 70 | |
| 3 | USE OF SPREADSHEET 3 | 18 | |
| 4 | GRAPHS AND CHARTS | 20 |
Chapter 1: Accounting for Partnership: Basic Concepts (47 pages) covers the partnership deed, the structure of profit and loss appropriation accounts, and the distinction between fixed capital and fluctuating capital accounts.
Chapter 2: Reconstitution of a Partnership Firm – Admission of a Partner (59 pages) explains how a new partner enters the firm, including calculation of the new profit-sharing ratio, treatment of goodwill, and revaluation of assets and liabilities.
Chapter 3: Reconstitution of a Partnership Firm – Retirement/Death of a Partner (49 pages) deals with the departure of an existing partner, including the gaining ratio for remaining partners and settlement of the outgoing partner’s account.
Chapter 4: Dissolution of Partnership Firm (39 pages) covers the complete closure of the partnership, the settlement of accounts between partners, and the distribution of assets and liabilities.
Accountancy Part II: Company Accounts and Financial Analysis (6 Chapters)
Chapter 1: Accounting for Share Capital (74 pages) explains the issue of share capital, forfeiture of shares, and the reissue of forfeited shares.
Chapter 2: Issue and Redemption of Debentures (69 pages) covers debenture accounting, the treatment of debenture issue at par, at premium, and at discount, and the mechanics of redemption.
Chapter 3: Financial Statements of a Company (27 pages) outlines the prescribed format for the statement of profit and loss and balance sheet under Schedule III of the Companies Act.
Chapter 4: Analysis of Financial Statements (23 pages) introduces comparative statements and common-size statements for detecting trends and proportions in financial data.
Chapter 5: Accounting Ratios (47 pages) teaches how to compute and interpret liquidity ratios, solvency ratios, and profitability ratios to assess financial health.
Chapter 6: Cash Flow Statement (46 pages) shows how to prepare a cash flow statement, classifying activities into operating, investing, and financing categories.
Computerised Accounting System: The Elective Part B Book (4 Chapters)
Important syllabus note: Class 12 Accountancy Part B (the second part of the course) has two alternative options. Schools choose either the Financial Statement Analysis chapters (Chapters 4 and 5 of Accountancy Part II) OR the Computerised Accounting System book. Ask your teacher or check your school syllabus document to confirm which Part B applies to your course. Do not study both.
Chapter 1: Overview of Computerised Accounting (16 pages) presents the advantages of computerised systems over manual accounting, including speed, accuracy, and data security.
Chapter 2: Spreadsheet (70 pages) teaches spreadsheet fundamentals, cell references, formulas, and functions for performing accounting calculations.
Chapter 3: Use of Spreadsheet for Accounting Tasks (18 pages) applies spreadsheets to real accounting work such as payroll processing, depreciation calculation, and bank reconciliation.
Chapter 4: Graphs and Charts (20 pages) demonstrates how to create charts and graphs in spreadsheets to visualise financial data for reporting and analysis.
Which NCERT Accountancy Book Has More Chapters and Pages
Below is an original comparison of the three official books by size. This table helps you decide which books to prioritise during revision or whether to print selected chapters.
| Book | Chapters | Total Pages (PDF) |
|---|---|---|
| Accountancy Part I | 4 | 194 |
| Accountancy Part II | 6 | 286 |
| Computerised Accounting System | 4 | 124 |
Part II is the largest book and typically carries the most weight in the exam. If you are studying the Computerised Accounting System (Part B), that is a much shorter unit. If you are studying Financial Statement Analysis (Part B), that consists of Chapter 4 and Chapter 5 of Part II alone, totalling 70 pages.
How to Use These NCERT Accountancy Books for Board Exam Preparation
Follow this study sequence to build your foundation and avoid mixing concepts:
- Confirm your Part B option with your school: Before downloading chapters, check whether your board exam will include Financial Statement Analysis (Chapters 4–5 of Part II) or Computerised Accounting System. Do not study both or you will waste time on a topic not in your syllabus.
- Study Part I (Partnership) first: Partnership accounting forms the logical foundation because it teaches you basic account adjustment and appropriation concepts. Work through Chapters 1–4 of Part I in order (Basic Concepts → Admission → Retirement/Death → Dissolution).
- Move to Part II (Company Accounts) second: Once partnership is clear, Part II builds on those skills but for larger, formal companies. Study in sequence: Share Capital → Debentures → Financial Statements → (then either Ratios & Cash Flow OR switch to Computerised Accounting).
- Use the table of contents inside each PDF: Each chapter PDF has a detailed contents list; use it to jump to specific topics during revision rather than re-reading the whole chapter.
- Re-download only from the links on this page: At the start of each revision session or exam prep, re-check that you have the latest PDF by opening it from the link here. Unofficial mirrors sometimes host edited or outdated versions with renumbered questions or deleted sections.
Common Mistakes When Using These Books
| Mistake | Correct Approach | How to Check Your Work |
|---|---|---|
| Mixing up Chapter 2 (Admission) with Chapter 3 (Retirement/Death) when revising Reconstitution | Remember: Admission = partner enters; Retirement/Death = partner leaves. Note which chapter covers each separately in your revision notes. | When practising a Reconstitution problem, check whether the scenario says “a new partner is admitted” (Chapter 2) or “a partner retires” (Chapter 3) before choosing the right treatment for profit-sharing ratio and goodwill. |
| Referring to “Chapter 3” without naming the book, leading to confusion | Always state the full reference: e.g. “Accountancy Part I, Chapter 3” or “Part II, Chapter 3”. Each book restarts numbering at Chapter 1. | When making revision flashcards, write the book name alongside every chapter number. When answering past papers, quote the chapter reference in full so your teacher can verify you used the right section. |
| Downloading Computerised Accounting System chapters when your school teaches Financial Statement Analysis | Confirm with your teacher in the first week whether your exam includes Chapters 4–5 (Part II) or the Computerised book. Only download and study the chapters your school prescribes. | Check your school prospectus or ask to see the board-issued syllabus document for your stream. If in doubt, ask your accountancy teacher directly. |
NCERT Accountancy Class 12 vs the Books for Other Commerce Subjects
Class 12 Accountancy is part of the commerce stream curriculum and is typically studied alongside Class 12 Business Studies and Class 12 Economics. All three subjects use official NCERT textbooks, and together they make up the core commerce subjects for the board exam. If you are looking for the textbooks for the other two subjects, you can access their verified chapter PDFs on the CBSE notes hub.
Frequently Asked Questions
Is the Class 12 Accountancy NCERT book divided into two parts?
Yes. The official syllabus prescribes Accountancy Part I and Accountancy Part II as separate books. Part I covers partnership accounting (4 chapters); Part II covers company accounts, financial analysis, ratios, and cash flow (6 chapters). They are not two halves of the same book but distinct textbooks with their own chapter numbering and contents.
Which NCERT book covers company share capital and debentures for Class 12 Accountancy?
Accountancy Part II covers both topics. Share capital is Chapter 1, and debentures are Chapter 2. These chapters deal with how a company raises funds through shares and debt instruments.
Do all CBSE schools teach Computerised Accounting System in Class 12 Accountancy?
No. Schools choose either the Computerised Accounting System book or the Financial Statement Analysis chapters (Chapter 4: Analysis of Financial Statements, and Chapter 5: Accounting Ratios) from Part II as their Part B. Confirm with your school which one your exam will include.
How many chapters are there in NCERT Class 12 Accountancy Part I?
There are 4 chapters in Part I: (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, and (4) Dissolution of Partnership Firm.
Is the NCERT Class 12 Accountancy textbook available in Hindi medium?
NCERT publishes textbooks in multiple languages, but availability varies by book and session. To check if the Accountancy Part I, Part II, or Computerised Accounting System books are available in Hindi medium for the current session, visit the official NCERT website at https://ncert.nic.in/textbook.php and select your language preference.
Where can I check that a Class 12 Accountancy NCERT PDF is the official, current edition?
Visit https://ncert.nic.in/textbook.php, search for “Class 12 Accountancy,” and download the PDFs directly from that page. All chapter links on this page are verified to match the official NCERT URLs. If a PDF link does not work or the chapter title does not match what you expect, report it to NCERT or cross-check on their website.
Reference: NCERT Class 12 Accountancy textbooks (Part I, Part II, and Computerised Accounting System), official editions on ncert.nic.in.