ISCE 12 Syllabus 2020
Accountancy
Partnership Accounts
Partner’s Accounts, Fixed capita, Fluctuating Capital. Partner’s Current Account, Partner’s Drawings Account, Partners’ Loan Account, Profit and Loss Appropriation Account, Interest on Drawing, Distribution of profit, Goodwill, Valuation of Goodwill, Hidden Goodwill
Introduction of New Partner, Revaluation on admission, Profit Sharing Ratio, Proportionate Capital,
Retirement of Partner, Gaining Ratio, Revaluation on Retirement, Reserve Fund, Final Payment to Retiring Partner, Partner’s Loan Repayment,
Consequences of Death of Partner, Joint Life Policy, Payment of Deceased Partner’s Share
Dissolution of Partnership Firm
Dissolution of Partnership Firm, Dissolution before expiry of a fixed term, Closing of Partnership Books on Dissolution, Realisation Account, Take Over of business by Partners, Insolvency of Partner, Piecemeal Payments,
Company Accounts
Shares of Company, Share Capital, Issue of Shares at Par, Shares Issue at Premium, Shares Issue at Discount, Calls on Share, Pro-rata Allotment, Forfeiture of Shares, Reissue of Forfeited Share,
Preference Shares, Redemption of Preference Share, Utilisation of Reserve for Redemption,
Debenture, Types of Debenture, Debentures Issue against Cash, Issue of Debentures in instalments, Issue of Debentures at Discount, Debentures Issued for consideration other than cash, Debenture Issued as Collateral Security, Debenture Interest.
Final Accounts of Companies : Compilation of P L Accounts & balance Sheet as per Companies Act.
Financial Statement Analysis
Analysis of Financial Statements, Significance of Financial Statements Analysis, Financial Statements Analysis Objectives, Financial Statements Analysis Tools, Comparative Statements, Common Size Statement, Trend Analysis, Limitations of Financial Analysis
Accounting Ratio
Meaning of Accounting Ratios, Ratio Analysis Objectives, Advantages of Ratio Analysis, Limitations of Ratio Analysis, Types of Ratios, Liquidity Ratios, Solvency Ratios, Activity Ratio, Profitability Ratios,
Cash Flow Statement
Cash Flow Statement, Objectives of Cash Flow Statement, Importance of Cash Flow Statement, Cash and Cash Equivalents, Cash Flows, Cash from Operating Activities, Cash from Investing Activities, Cash from Financing Activities, Terms related to Cash Flow, Computation of Cash Flow from Operating Activities, Computation of Cash Flow from Investing and Financing Activities, Compilation of Cash Flow Statement
Computerised Accounting : Spread sheet, Application of Spread sheet. Data base Management System (DBMS), Application of Data base Management System.
