ISC Accounts Class 12 Syllabus For Semester (1 & 2) 2024-25

ICSE

ISC Accounts Class 12 Syllabus For Semester (1 & 2) 2024-25

ISC Class 12 Accounts Syllabus - Free PDF Download

Free download of ISC Class 12 Accounts Syllabus as per ISC guidelines. Register online ISC tuitions on Vedantu to solve your doubts easily and download the complete Syllabus for Class 12 Accounts to prepare for Board Examinations.

ISC Class 12 Accounts Semester Wise Syllabus 2024-25

Semester 1 (Marks: 40)			Semester 2 (Marks: 40)
Unit No.	Name of the Unit	Name of the Sub-Unit	Unit No.	Name of the Unit	Name of the Sub-Unit
Section - A
1.	Partnership Accounts	A. Fundamentals of Partnership B. Goodwill C. Reconstitution of Partnership I. Admission of a partner	1.	Partnership Accounts	C. Reconstitution of Partnership II. Retirement of a partner III. Dissolution of a Partnership Firm
2.	Joint Stock Company Accounts	A. Issue of Shares D. Final Accounts of Companies	2.	Joint Stock Company Accounts	B. Issue of Debentures C. Redemption of Debentures
Section - B
5.	Ratio Analysis (Complete Unit)		3.	Financial Statement Analysis (Complete Unit)
			4.	Cash Flow Statement (Complete Unit)
Section - C
6.	Accounting Application of Electronic SpreadSheet (Complete Unit)		7.	Database Management System (DBMS) (Complete Unit)

ISC Class 12 Accounts Syllabus 2024-25 is as Follows:

1. Partnership Accounts

This part deals with the mentioned topics:

Fundamentals of partnership
Provisions of The Indian Partnership Act, 1932
Profit and Loss Appropriation Account
Partners’ Capital and Current Accounts
Guarantee of profits
Past adjustments
Concept of goodwill
Mode of Valuation
Reconstitution of partnership
Retirement and death of a partner
Dissolution of a partnership firm.

2. Joint Stock Company Accounts

This mainly deals with concepts related to the following:

Issues of shares
Issue of debentures
Creation of Debenture Redemption Reserve (DRR)
Preparation of the Balance Sheet of a company as per Schedule III Part I of Companies Act 2013

3. Financial Statement Analysis

The major aspects dealt with in this section are as follows:

Meaning, significance and limitations of Comparative Statements and Common Size Statements
Preparation of comparative and common size statements
Statement of Profit and Loss (inter-firm and intra-firm) showing change in absolute and percentage terms

4. Cash Flow Statement

Preparation of a Cash Flow Statement and Calculation of net cash flows are the main topics discussed here.

5. Ratio Analysis

Liquidity Ratios
Solvency Ratios
Activity Ratios
Profitability Ratios

6. Accounting Application of Electronic SpreadSheet

Here, aspects of spreadsheets are mentioned like:

Concept, merits and demerits of Electronic spreadsheets
Basic features of electronic spreadsheets
Application of spreadsheets in generating payroll and for data presentation

7. Database Management System (DBMS)

It provides concepts around databases like:

Understanding of the types and features of DBMS i.e. data update and retrieval
Basic Commands (Select, Where, And, Or, Update, Delete) and basic functions (Avg, Count, Max, Min, Sum); DBMS in business application

FAQs on ISC Accounts Class 12 Syllabus For Semester (1 & 2) 2024-25

1. Where can I download the ISC syllabus for Class 12 Accounts 2024-25?

Students can easily download the entire Accounts syllabus from the download link mentioned in the article above. Vedantu provides the latest verified syllabus as released by the Council for Indian School Certificate Examinations (CISCE). Vedantu is your prominent online learning platform that provides high-quality, trustworthy study materials so that you can ace all kinds of competitive examinations and get one step closer to your future career.

2. What are the advantages of ISC Class 12 Syllabus?

The syllabus helps students to know about all the chapters that they should read in order to score good marks in the final ISC examination. Students can keep track of their learnings and knowing the syllabus helps them to know about the exam pattern and marks distribution. Vedantu provides the updates in syllabus with the latest changes in the curriculum, so that students can plan their preparation in the best ways and are not excluded from any information.

3. What are the topics included in Ratio Analysis?

Ratio Analysis chapter consists of the following topics:

Liquidity ratio (Current ratio, Acid test Ratio)
Solvency Ratio (Debt Equity ratio, Total Assets to debt ratio, Proprietary ratio)
Activity ratios (Debtors turnover ratio, Creditors turnover ratio, Working capital turnover ratio, Stock turnover ratio)
Profitability ratio (Gross profit ratio, Net profit ratio, Operating ratio, Operating profit ratio, Earnings per share)

Students must prepare all these topics well in order to excel in the final ISC Accounts examination.

4. Where can I find ISC sample papers?

All the ISC Sample Papers for Class 12 can be downloaded for free from the Vedantu website. These sample papers will surely help you in scoring good marks in your final examinations and are in accordance with the guidelines given by ISC. The sample papers hold great value to prepare you for the ISC Board exam. They are written in clear and easy-to-understand language to facilitate better understanding for students.

5. How to score well in the ISC Accounts examination?

Follow your textbook along with the study material provided on the Vedantu website as well as the app that covers all the topics from your syllabus. Read and analyze the syllabus carefully and understand all the important topics thoroughly. Know the marking scheme and revise the topics at regular intervals. Do not skip anything mentioned in the syllabus provided to you by Vedantu in accordance with the revised ISC guidelines.