Class 12 Accountancy

ABOUT CLASS 12 ACCOUNTANCY EXAM

Accountancy paper is one of the major subjects in the Commerce stream. Thus it becomes necessary for all the students to give special focus on Accountancy.

INTERESTING AND SCORING SUBJECT

There is no doubt that students find it very interesting if they clear their concepts and fundamentals and thus making this subject scoring.

PROPER FOCUS ON THEORY AND PRACTICAL / NUMERICAL

Getting 100 out of 100 remains no big deal if the proper focus is given on the theoretical part in addition to the practical/numerical portion.

PATTERN AND MARKS ALLOCATION

The Accountancy paper comprises of 80 Marks as 20 marks are allocated to Project Work/ Test / Viva which happens in school itself before the exams

In Accountancy paper, Part A is compulsory for all the students whereas students have a choice between Part B and Part C.

Theory: 80 Marks                                                                                                                    

Project: 20 Marks

 Exam Time : 3 Hours

    Marks
Part A Accounting for Not-for-Profit Organizations, Partnership Firms and Companies  
  Unit 1. Financial Statements of Not-for-Profit Organizations 10
  Unit 2. Accounting for Partnership Firms 30
  Unit 3. Accounting for Companies 20
    60
Part B Financial Statement Analysis  
  Unit 4. Analysis of Financial Statements 12
  Unit 5. Cash Flow Statement 8
    20
Part C Project Work 20
  Project work will include:  
  Project File 4 Marks  
  Written Test 12 Marks (One Hour)  
  Viva Voce 4 Marks  
           OR  
Part B Computerized Accounting  
  Unit 4. Computerized Accounting 20
Part C Practical Work 20
  Practical work will include:  
  Practical File 4 Marks  
  Practical Examination 12 Marks (One Hour)  
  Viva Voce 4 Marks  

 

Searching for an accountancy coaching? You are at the right place.

DURATION

The duration of the exam is 3 Hours.

Time Management Strategy for attempting Class 12th Accountancy Exam

  • There is always a question from the students’ side that “how much time we need to give to each question”?
  • The answer to this is quite simple and the technique which we are going to share has worked wonderfully well during exams for students.
  • As your Accountancy exam is of 80 Marks, you need to double the weightage for each question and you will get the time to be spent on each question.
  • To understand, say a question carries 1 mark then it should be attempted in not more than 2 minutes, likewise if a question carries 8 marks weightage then not more than 16 minutes should be spent in answering that question.
  • In this way you will be able to finish your paper within 160 minutes (2 hours and 40 minutes). Still you are left with 20 minutes which you should utilise for revision of answers.

7 Examination Tips for ‘How to Attempt Class 12th Accountancy Exam’

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