Summary: CBSE and ICSE boards have released the syllabus for the 12th commerce stream for the academic year 2023-24 on the official website. This post takes you through detailed information about the Class 12 Commerce Syllabus for both CBSE and ICSE boards.

CBSE Class 12 Commerce Syllabus 2023-24

The CBSE board has reduced the 30% of the syllabus for the academic year 2020 due to the non-functioning of schools. Note that the reduced syllabus is only for last year.

In CBSE, accountancy, business studies, economics, and English are the 4 mandatory subjects while mathematics, physical education, information practices, legal studies, and entrepreneurship are optional subjects. 

Before starting the preparation, it is important to go through the detailed syllabus as this will help you know the important topics from the exam point of view.

Check: CBSE Class 12 Commerce Subjects

Download Free Study Material for CBSE and CUET Exam 2024 by SuperGrads

CBSE Class 12 Accountancy 2023 Syllabus

The theory for Accounts in Class 12 holds a weightage of 80 marks while 20 marks are allocated to the project work submitted by students. Check out the table below to learn the detailed Class 12 Commerce Accountancy Syllabus for the CBSE board.

Units		Periods	Marks
Part A	Accounting for Not-for-Profit Organizations, Partnership Firms, and Companies
	Unit 1. Financial Statements of Not-for-Profit Organizations	25	10
	Unit 2. Accounting for Partnership Firms	90	30
	Unit 3. Accounting for Companies	35	20
		150	60
Part B	Financial Statement Analysis
	Unit 4. Analysis of Financial Statements	30	12
	Unit 5. Cash Flow Statement	20	8
		50	20
Part C	Project Work	20	20

Download the revised and deleted syllabus for CBSE Accountancy for the academic year 2020 below:

Deleted Accountancy Portions

Revised Accountancy Syllabus

Business Studies Class 12 Commerce 2023 - 24 Syllabus (CBSE)

The theory exam holds a weightage of 80 marks while for the Project work, students are marked out of 20. Check out the table below to know the Class 12 Business studies Syllabus and the weightage for the session 2023-24.

Units	Topics	Periods	Marks
Part A	Principles and Functions of Management	-	50
1.	Nature and Significance of Management	12	16
2.	Principles of Management	11
3.	Business Environment	08
4.	Planning	08	14
5.	Organising	10
6.	Staffing	13	20
7.	Directing	09
8.	Controlling	07
-	Total	78	50
Part B	Business Finance and Marketing	-	30
9.	Financial Management	20	15
10.	Financial Markets	18
11.	Marketing Management	24	15
12.	Consumer Protection	05
-	Total	67	30
Part C	Project Work ( One)	20	20

Download revised and deleted syllabus for Business Studies subject for the academic year 2020 below:

Deleted Business Studies Portions

Revised Business Studies Syllabus

Economics Commerce Syllabus Class 12 (CBSE) 2023-24

Like other subjects, Economics also has 80 marks out of 100 dedicated to the theory exam while 20 marks are allocated to the project submission. The weightage as per the CBSE Class 12 Economics Syllabus is listed below:

Units		Marks	Periods
Part A - Introductory Macroeconomics
Unit 1	National Income and Related Aggregates	12	30
Unit 2	Money and Banking	6	15
Unit 3	Determination of Income and Employment	10	25
Unit 4	Government Budget and the Economy	6	15
Unit 5	Balance of Payments	6	15
		40	100
Part B - Indian Economic Development
Unit 6	Development Experience (1947-90) and Economic Reforms since 1991	12	28
Unit 7	Current Challenges facing Indian Economy	22	60
Unit 8	Development Experience of India – A Comparison with Neighbours	6	12
	Theory Paper (40+40 = 80 Marks)	40	100
Part C - Project Work		20	20

Download revised and deleted syllabus for Economics subject for the academic session 2023-21 below:

Deleted Economics Portions

Revised Economics Syllabus

Refer: Class 12 Commerce Preparation Books

CBSE Class 12 Syllabus for English

Let us understand the distribution of the Class 12 Commerce English Syllabus here:

Units	Topics	Marks
Part A	Reading Comprehension	20
	Literature	20
Part B	Writing Section	16
	Literature Section	24
Total	-	80
Internal Assessment	-	20

the English language

Download revised and deleted syllabus for English subject for the academic year 2020 below:

Deleted English Portions

Revised English Syllabus

Refer: Reference Books for Class 12 Optional Subjects

CBSE Commerce Class 12 Syllabus for Optional Subjects

Go through the revised and deleted portions of optional subjects from the 12th commerce stream. Download the revised and deleted commerce maths syllabus class 12, Physical Education, Information Practices, Legal Studies, and Entrepreneurship below. 

Deleted Portions in Optional Subjects

Revised Syllabus of Optional Subjects

Read more: CBSE Class 12 Commerce Syllabus

ICSE Commerce Class 12 Syllabus 2023-24

In order to compensate for the loss of instructional hours during the 2022-2023 session, the CISCE has worked with its subject experts to reduce the syllabus for all major subjects at ICSE and ISC levels. Check out the subject-wise revised syllabus and also deleted portions below. 

Revised Class 12 Accountancy Syllabus

There will be two papers in this Subject: Paper-I will be a theoretical paper of 80 marks and three hours duration, while 20 marks are allotted to Paper II (Project submissions) in ICSE Business Studies Examination 2020 - 2021. The revised weightage as per the updated Class 12 ICSE Commerce Syllabus for Accounts is listed below:

Units	Topics	Marks
Section A		60
1	Partnership Accounts
	Fundamentals of Partnership
	Goodwill
	Reconstitution of Partnership
2	Joint Stock Company Accounts
SECTION B -MANAGEMENT ACCOUNTING		20
3	Financial Statement Analysis
4	Cash Flow Statement (Only for Manufacturing Companies)
5	Ratio Analysis
OR SECTION C - COMPUTERISED ACCOUNTING
-	Accounting Application of Electronic Spreadsheet
-	Database Management System (DBMS)
Theory		80
Project Work	Two Project works to be done from any theory topic	20
Total	-	100

Download revised and deleted syllabus for Accountancy subject below:

Deleted Accountancy Portions

Revised Accountancy Syllabus

ICSE Class 12 Business Studies Syllabus

There will be two papers on this Subject: Paper I will be a theoretical paper of 80 marks and three hours duration, while 20 marks are allotted to Paper II (Project submissions) in ICSE Business Studies Examination 2023 - 2024. The Revised ICSE Business Studies Syllabus for session 2023-2024, along with the weightage is Listed below:-

Units	Topics	Marks
Paper 1 (Theory)		80
Part 1	Part I (20 marks) will consist of compulsory short answer questions testing knowledge, application and skills relating to elementary/fundamental aspects of the entire syllabus.
	Part II (60 marks) will consist of eight questions, out of which candidates will be required to answer any five questions, each carrying 12 marks.
Paper 2 (Project Work)		20
-	Two Project works to be done from any theory topic
Total	-	100

Download revised and deleted syllabus for Business Studies subject below:

Deleted Business Studies Portions

Revised Business Studies Syllabus

ICSE Class 12 Commerce Syllabus

There will be two papers on this Subject: Paper I will be a theoretical paper of 80 marks and three hours duration, while 20 marks are allotted to Paper II (Project submissions) in ICSE Business Studies Examination 2020 - 2021. The revised weightage as per the updated Class 12 ICSE Commerce Syllabus for Commerce Subject is listed below:

Units	Topics	Marks
Paper 1 (Theory)		80
Part 1	Part I (20 marks) will consist of compulsory short answer questions testing knowledge, application and skills relating to elementary/fundamental aspects of the entire syllabus.
	Part II (60 marks) will consist of eight questions, out of which candidates will be required to answer any five questions, each carrying 12 marks.
Paper 2 (Project Work)		20
-	Two Project works to be done from any theory topic
Total	-	100

Download the revised and deleted syllabus for the Commerce subject below:

Deleted Commerce Portions

Revised Commerce Syllabus

ICSE Class 12 Economics Syllabus

There will be two papers in this Subject: Paper I will be a theoretical paper of 80 marks and three hours duration, while 20 marks are allotted to Paper II (Project submissions) in the ICSE Economics Examination 2020 - 2021. The revised weightage as per the updated Class 12 ICSE Commerce Syllabus for Economics is listed below:

Units	Topics	Marks
Paper 1 (Theory)		80
1	Micro Economic Theory
2	Theory of Income and Employment
3	Money and Banking
4	Balance of Payment and Exchange Rate
5	Public Finance
6	National Income
-	Part I (20 marks) will consist of compulsory short answer questions testing knowledge, application and skills relating to elementary/fundamental aspects of the entire syllabus.
-	Part II (60 marks) will consist of eight questions, out of which candidates will be required to answer any five questions, each carrying 12 marks.
Paper 2 (Project Work)		20
-	Two Project works to be done from any theory topic
Total	-	100

Download revised and deleted syllabus for Economics subject below:

Deleted Economics Portions

Revised Economics Syllabus

ICSE Class 12 English Syllabus (ICSE)

The English subject has two components, English Language and Literature in English. There will be two papers in this Subject: Paper-I will be a theoretical paper of 80 marks and three hours duration, while 20 marks are allotted to Paper-II (Project submissions) in ICSE English Language Examination.

The Revised ICSE English Syllabus for session 2020-2021, along with the weightage is Listed below:-

Units	Topics	Marks
Paper 1 (Theory)		80
-	A composition on one of a number of subjects	20
-	Directed writing (article writing, book review, film review, review of the cultural program, speech writing, report writing, personal profile, and statement of purpose) based on suggested point	15
	Proposal Writing based on a given situation. The proposal should include An Introduction; Objectives; a List of measures to be taken. A concluding statement is desirable	10
	Short-answer questions to test grammar, structure, and usage	15
	Comprehension	20
Paper 2 (Project Work)		20
-	Three Project works to be done from topics: Listening, Speaking, and Writing skills
Total	-	100

Download the revised and deleted syllabus for English subject for the academic year 2023 below:

Deleted English Portions

Revised English Syllabus

ICSE Class 12 Commerce Syllabus for Optional Subjects

Here are the revised and deleted portions of class 12 commerce optional subjects. Download the revised and deleted syllabus for Political Science, Computer Science, Maths, Physical Education, and Fine Arts subject below. 

Deleted Portions in Optional Subjects

Revised Syllabus of Optional Subjects

In summary, the CBSE and ICSE boards have updated their Class 12 Commerce syllabuses for the academic year 2023-24, with both mandatory and optional subjects outlined for students' preparation.

The CBSE has reinstated the full syllabus after a 30% reduction in the previous year due to the pandemic, covering Accountancy, Business Studies, Economics, and English, among others. ICSE has similarly made adjustments, ensuring students are well-informed of the syllabus changes for effective study planning.

Both boards emphasize project work as a key component, reflecting a comprehensive approach to learning. Students are encouraged to utilize the provided materials and revised syllabuses to excel in their examinations

Also check: Best CBSE Class 12 Commerce Classes