Updated 6 August 2026·10 chapters

ICSE Class 12 Accountancy — Syllabus 2026-27

ICSE Class 12 Accountancy syllabus for 2026-27: all 10 chapters, with the topics in each. Follows the ICSE / ISC syllabus.

About this syllabus

The ICSE Class 12 Accountancy course for 2026-27 has 10 chapters. Chapters with a topic breakdown link to their own syllabus page.

ICSE Class 12 Accountancy — Chapter List

#	Chapter	Topics
1	Partnership Accounts : Fundamentals of Partnership	Meaning, Features, and Legal Position of Partnership · Partnership Deed and Rules When No Deed Exists · Profit and Loss Appropriation Account
2	Partnership Accounts : Goodwill- Concept and Valuation	Meaning, Nature, and Features of Goodwill · Factors Affecting Goodwill and Need for Valuation · Average Profit Method
3	Reconstitution of Partnership : Admission of a Partner	Meaning and Occasions of Reconstitution · New Profit Sharing Ratio and Sacrificing Ratio · Treatment of Goodwill and Hidden Goodwill
4	Reconstitution of Partnership : Retirement of a Partner	Meaning and Effect of Retirement · Goodwill on Retirement · Revaluation of Assets and Liabilities
5	Reconstitution of Partnership : Death of a Partner	Meaning and effect of death of a partner · Difference between retirement and death of a partner · Calculation of deceased partner's share of profit upto date of death
6	Partnership Accounts : Dissolution of Firm	Meaning and Distinction · Modes of Dissolution of Firm · Settlement of Accounts on Dissolution
7	Joint Stock Accounts : Issue of Share	Meaning of Company, Share and Types of Shares · Classification of Companies · Share Capital and Its Types
8	Joint Stock Accounts : Issue of Debentures	Meaning, Nature, and Basic Features · Types and Classification of Debentures · Issue of Debentures: Price and Redemption Terms
9	Joint Stock Company Accounts : Redemption of Debenture	Meaning, methods, and sources of redemption · Debenture Redemption Reserve and legal rules · Redemption through fresh issue or out of profits/capital
10	Final Accounts of Companies	Meaning, Types, and Legal Provisions · Schedule III and Balance Sheet Format · Shareholders' Funds and Share Capital

Preparation Strategy

Finish the textbook first — the prescribed textbook is the main source for school and board exams.
Keep a formula and definitions list — it makes last-week revision much faster.
Practise past papers — they show you the pattern questions follow.
Time your practice — attempt some papers under exam conditions.

Get chapter-wise help for ICSE Class 12 Accountancy

Super Tutor gives you chapter summaries, revision notes, practice quizzes and flashcards, organised around the ICSE syllabus. Free to start.

Try Super Tutor free

Frequently Asked Questions

Where can I find ICSE Class 12 Accountancy Syllabus?

This page has syllabus for 10 chapters of ICSE Class 12 Accountancy for the board exams 2027. Each chapter links to its own page with the full set.

How should I prepare for ICSE Class 12 Accountancy board exams?

Go through the syllabus first, then work chapter by chapter: learn the ideas, practise questions, and revise with notes and flashcards. Leave time at the end to revise every chapter once more under timed conditions.

Has the ICSE Class 12 Accountancy syllabus changed for 2026-27?

This page lists the chapters in the current ICSE Class 12 Accountancy course. Boards revise syllabi from time to time, so check the board's official website for the latest notified syllabus.

More Accountancy Resources

ICSE Class 12

Practice Quiz

Test yourself with quick quizzes

Important Questions

Exam-style questions with answers

Revision Notes

Key concepts and quick revision points

Formula Sheet

The formulas of each chapter in one place

Chapter Summary

Understand each chapter at a glance

Concept Maps

Diagrams showing how topics connect

Study Plan

Week-by-week preparation schedule

Flashcards

Quick-fire cards for active recall practice

Other ICSE Class 12 Subjects

Physics Chemistry Mathematics Biology Business Studies Economics History Geography