CBSE Class 12 Accountancy Project Guide 2023-24

Complete your CBSE Class 12 Accountancy Project In just 2 days with this blog. Accountancy is one of the most leveraged subjects for commerce students. For any doubts about how and what to prepare for the accountancy project, this blog will save you time and clear all your doubts.

The project on accountancy class 12 comprises high weightage that helps students raise their final exam percentage. It consists of 20 Marks, where ‘Relevance of the topic’ has 3 Marks, Research work has 6 marks, Presentation Technique has 3 marks, while Viva has the highest weightage of 8 marks, which is based on Accountancy Project Topics For Class 12 and some topics to be covered in Class 12 Accountancy Syllabus 2023-24. 

It is always said to score very well, and students should practice class 12 Accountancy Sample Paper 2023-24. Students can also make notes to solve the Accountancy question paper to get an idea about the format of the final exam question paper. The 12 class accountancy project needs to be completed with authentic information and research work. Students can read Class 12 NCERT Accountancy Books in PDF format.  

If students need to get the complete information about the Class 12 Accountancy Commerce Subject, then students can simply refer to the revised and updated Class 12 Accountancy Guide 2023-24.

This article is designed to assist all the students who really want to have a brief of what an Accountancy Project of CBSE class 12 should be. This complete guide will surely answer all your questions related to contemplating the Accountancy Project file. Continue reading for the complete details.

Also Check: Accounts Project Class 11

CBSE Class 12 Accountancy Project Work Ideas

According to CBSE guidelines for the accounts project files, 2023-24  students need to prepare one specific project file and avoid making a comprehensive project file. The students  can make a project file  on the following ideas:

Ratio analysis : 

• Ratio analysis for Hindustan lever(HLL)
• Ratio analysis for Indian tobacco Company(ITC)
• Ratio analysis for Parle Agro-food

Cash flow analysis

• Cash Flow analysis for Hindustan lever(HLL)
• Cash Flow analysis for Indian tobacco Company(ITC)
• Cash Flow analysis for Parle Agro-food

Segment analysis

• Segment analysis for Hindustan lever(HLL)
• Segment analysis for Indian tobacco Company(ITC)
• Segment analysis for Parle Agro-food

CBSE Class 12 Accountancy Project Guidelines

This article is designed to assist all the students who really want to have a brief of what an Accountancy Project of class 12 should be. This complete guide will surely answer all your questions related to contemplating the Accountancy Project file. Continue reading for the complete details. 

Marking scheme of CBSE class 12th Accountancy Project Work

Students can check the below table showing the CBSE Class 12 Accountancy Project Marking Scheme/Marks Distribution. The whole project comprises 20 Marks including all the important points to be covered in a report file including viva. 

Marks are suggested to be given as –  

CBSE class 12th Accountancy Project Work Written test Syllabus

The project work written test is scheduled by the school itself. CBSE has no interference in scheduling project tests and marks. The project written test will include chapters :

• Common size analysis,
• Ratio analysis,
• Cash flow analysis
• Comparative analysis

 To prepare for the CBSE accounts project test students will study from 

• Analysis of a financial statement by T.S Grewal,
• DK Goel and
• NCERT book: from NCERT  book 2 of accountancy.
  • Chapter 4 Analysis of Financial Statements
  • Chapter 5 Accounting Ratios
  • Chapter 6 Cash Flow Statement

CBSE Class 12 Accountancy Project: Scope

We have provided the flow chart suggesting the scope of the Accountancy project. Students can work on the following points one by one and you would be able to prepare the scoring report file. 

How to Prepare the Class 12 Accountancy Project?

Students can follow some of the CBSE Class 12 Accountancy Project Guidelines before starting a project report: 

• Students can ask for different topic ideas from their respective teachers.
• Students can prepare their projects in a group taking a single topic but all students need to prepare their individual Project files.
• While selecting a particular topic, students need to keep a few basic factors in mind:
  • Choose a relevant topic to your Class 12 Accountancy Syllabus
  • i class=”bx bx-check-double”>Discuss your topic with your teacher and ask the required suggestions
  • i class=”bx bx-check-double”>Be aware of what you are preparing to present before the examiner
  • i class=”bx bx-check-double”>Your project file should be different from other students, at least 40%. Avoided writing long stories on any topic for an Accountancy project.
  • i class=”bx bx-check-double”>Do complete research on the topic before jumping into the preparations.
• Do not exaggerate the single topic. It is important to write everything about the topic of the project work chosen. Students are supposed to focus on the specific features and write about them short and precise.
• Taking proper guidance with your teachers is very essential for students to get the complete details on the chosen topic.

Viva of Class 12th Accountancy Project

The final exam type is the VIVA, or oral exam, which the school itself schedules for the month of January. In VIVA, the students are asked questions about the presented project. The objective of scheduling VIVA is to ensure that the projects the students have completed have helped them develop an in-depth understanding of the topics.

Objectives of CBSE Class 12th Accountancy Project

• To help the student understand the business situation and apply the analysis tools per the detailed project’s syllabus. 

• To instigate the ability to read accounting data from quarterly, half-yearly or annual reports of business firms and construing the information based on given guidelines to submit the desired information in the format that fulfils the guidelines’ criteria.

TakeAway

Students can go through the complete CBSE Class 12 Accountancy Project Guide that will help them in preparing their scoring project report file. This article contains Accountancy Project For Class 12 PDFs, Accountancy Project Guidelines, Accountancy Project Topics For Class 12, Scope of the Accountancy Project, Marking Scheme, and many more. Students looking for NCERT class 12 Accountancy solutions can use it free of cost at Vidya Setu.

Frequently Asked Questions

Q1. How to prepare for the Class 12 Accountancy Project?

A1. Students can refer to this Accountancy Project Guide to get complete information on project guidelines. 

Q2. Can we get a Class 12 Accountancy Project Topic Idea from the NCERT Books?

A2. Yes, students can choose any topic from the class 12 Accountancy Syllabus of NCERT Book and start preparing the whole project. 

Q3. Is it compulsory to prepare for the CBSE Class 12 Accountancy Project?

A3. Yes, it is compulsory to prepare a well-researched Class 12 Accountancy Project File because it consists of a 20 Marks Project File. 

Q4: How to prepare for Class 12 Accountancy Project Viva-Voice?

A4: Students need to only have a well-research done on their topics chosen for the Accountancy Project for class 12. Examiner will ask the project topic-related questions. 

Q5: What are the important questions for Accounts VIVA?

A5: VIVA for accounts project file will have all the questions from related project ideas only.