It gives us immense pleasure to present the latest edition of Analysis of Financial Statements (including Project Work and Past Examination Questions) for CBSE Class XII for the academic session 2026–27. We are extremely grateful to teachers and students for their continued patronage ever since its first publication. The book has undergone many revisions in its journey following changes in accounting treatments, amendments to laws affecting accountancy and changes in syllabus from time to time. We are glad that timely changes have resulted in the book being always up to date. This Volume is prepared as per the CBSE syllabus for the last academic session, keeping in view the NCERT syllabus and CBSE guidelines on accounting treatments and pattern of questions. Besides, the number of MCQs has been sizeably increased. New types of questions have been added besides adding Competency Based Questions in each chapter and required changes made to keep the book in line with the current trend of questions. Fresh illustrations too have been included while others have been revised. Theory is made more concise and understandable. Salient Features of the book are: * Class-tested and well-graded material * Simple and lucid textual flow * Necessary content to impart a sound theoretical and conceptual base * A large number of illustrations for easy and better understanding of the subject * Multiple Choice Questions (MCQs), Assertion-Reason Based MCQs, Competency Based Questions, Missing Value Questions and Case Study Based Multiple Choice Questions for better understanding of topics *Very ... See more

It gives us immense pleasure to present the latest edition of Analysis of Financial Statements (including Project Work and Past Examination Questions) for CBSE Class XII for the academic session 2026–27. We are extremely grateful to teachers and students for their continued patronage ever since its first publication. The book has undergone many revisions in its journey following changes in accounting treatments, amendments to laws affecting accountancy and changes in syllabus from time to time. We are glad that timely changes have resulted in the book being always up to date. This Volume is prepared as per the CBSE syllabus for the last academic session, keeping in view the NCERT syllabus and CBSE guidelines on accounting treatments and pattern of questions. Besides, the number of MCQs has been sizeably increased. New types of questions have been added besides adding Competency Based Questions in each chapter and required changes made to keep the book in line with the current trend of questions. Fresh illustrations too have been included while others have been revised. Theory is made more concise and understandable. Salient Features of the book are: * Class-tested and well-graded material * Simple and lucid textual flow * Necessary content to impart a sound theoretical and conceptual base * A large number of illustrations for easy and better understanding of the subject * Multiple Choice Questions (MCQs), Assertion-Reason Based MCQs, Competency Based Questions, Missing Value Questions and Case Study Based Multiple Choice Questions for better understanding of topics *Very Short Answer Questions given in QR codes to help students assess their understanding * Additional illustrations and questions given in QR codes to further help students assess their understanding of the subject * Past Examination Questions, both Theory as well as Practical, set in previous years’ exams * Question Paper to Test Your Knowledge at chapter-end