Goa Board Class 12 Accountancy Syllabus 2026-27

Exam scheme

Academic year 2026-27. Internal assessment 20 marks. The PDF also prints the board paper design (31 main questions) and company statement formats.

Part A — Partnership accounts

• Unit 1: Partnership deed; P&L appropriation; guarantee of profits (theory only); goodwill (average, super profit, capitalisation as theory); AS 26 treatment through capital/current accounts.
• Unit 2: Admission; retirement and death; sacrifice/gaining ratios; outgoing partner’s loan / executor’s loan.
• Unit 3: Dissolution and realisation account (excluding piecemeal distribution, sale to a company, and insolvency of partners).

Interest on partner’s loan and rent to a partner are a charge against profits.

Part B — Accounting for companies

• Share capital: issue, forfeiture and reissue (interest calculations and balance-sheet disclosure of share capital are not for evaluation).
• Issue of debentures (including collateral security).
• Financial statements of a company (P&L and balance sheet formats attached in the PDF).
• Analysis: comparative and common-size statements.
• Ratios. Assessed calculations: current, liquid, debt-equity, working-capital turnover, return on capital employed, net profit ratio.