ISC Accountancy for Class XII

The present edition is based on the Revised Schedule III as per the Companies Act, 2013 and incorporates the effects of all Accounting Standards issued by the Institute of Chartered Accountants of India. Questions asked during the previous examinations have also been included at suitable places. ';Familiarisation paragraph' at the beginning of each unit has been especially made to lead the students gently into the unit and the subsequent chapters will reinforce a sense of progress and achievement. SOME SPECIAL FEATURES OF THIS BOOK ARE AS FOLLOWS: • Theory in a simple and lucid language • A large number and variety of Illustrations to give sound knowledge of the concepts • Format of solutions strictly as per the examination requirement • Tutorial Notes to provide sound conceptual base • Diagrams and Tables for easy understanding of the concepts • Treatment of Goodwill strictly as per the AS-26 • Accounting for Share Capital, Accounting for Debentures and Cash Flow Statement strictly as per the Revised Schedule