Arihant's All In One Accountancy CBSE Class 12, authored by Sumit Grover, is a comprehensive self-study guide meticulously designed for students preparing for the CBSE Class 12 Board Examination. This book is a part of the renowned "All in One" series, which has been a trusted companion for students and educators for over a decade, known for its structured approach to learning, practice, and assessment. The fully revised edition aligns strictly with the latest CBSE syllabus and examination pattern, ensuring that students are preparing with the most current and relevant content for the 2025-26 academic session.
The book's content is strategically divided into two primary parts to mirror the board exam paper structure: Part A: Accounting for Partnership Firms and Companies and Part B: Financial Statement Analysis. Part A delves into the complexities of partnership accounting, starting with the fundamentals. It guides learners through the accounting treatment of goodwill and the reconstitution of a partnership firm, which includes crucial topics like change in profit sharing ratio, admission of a partner, and the retirement or death of a partner. The section concludes with the dissolution of a partnership firm and transitions into company accounts, covering the accounting for share capital, including the issue and forfeiture of shares, and accounting for debentures. This comprehensive coverage ensures no stone is left unturned in the high-weightage portion of the syllabus.
Part B shifts the focus to the analysis of financial statements. It begins by explaining the structure and format of a company's financial statements as per the Companies Act. Students are then introduced to the tools of financial statement analysis, including comparative and common-size statements. A significant portion of this section is dedicated to accounting ratios, covering liquidity, solvency, activity, and profitability ratios, which are essential for interpreting financial health. The book concludes Part B with a thorough chapter on the Cash Flow Statement, a topic that often carries substantial marks in the board exam, teaching students to prepare it using the indirect method as per Accounting Standard 3 (AS-3). The book also includes a dedicated section for the 20-mark project work.
What sets this book apart is its pedagogical design, which ensures complete study, complete practice, and complete assessment. The theory is presented in a simplified manner, supplemented by illustrations, tables, and mind maps for quick revision and visual learning. The chapter structure is topic-wise, containing a variety of questions, including Competency-Based Questions (CBQs), Multiple Choice Questions (MCQs), Assertion-Reason (A-R), and Case-Based Questions, which are increasingly emphasised in the board exams. An NCERT folder is provided within the chapters, offering complete solutions to all NCERT exercises.
For comprehensive exam preparation, the book includes a detailed NCERT Solutions section, Previous Years' Board Examination Questions up to 2025, and Sample Question Papers that simulate the actual exam experience. These features, combined with the author's exam-oriented approach, make the 'All In One Accountancy CBSE Class 12th' an indispensable resource for any student aiming to secure top grades and achieve conceptual clarity in accountancy. This book is an investment in academic excellence, providing a complete roadmap to mastering accountancy for the Class 12 CBSE Board Examination.
