Commerce and Accountancy Books for UPSC

UPSC Civil Services In India, the IAS Exam is considered the most prestigious and challenging. Every year, the UPSC conducts the exam in three stages.

Commerce & Accountancy is one of the UPSC mains test optionals. It attracts a few students each year, though not as many as public administration or geography. It is usually suggested for persons who have studied commerce at the bachelor's or master's level. 

Commerce is a technical subject that individuals should only take with prior knowledge. The curriculum is also a little long. However, one advantage of this topic is that you can get good grades in numerical. You only need to practise and have a solid understanding of it. Furthermore, you would have completed the majority of the concepts.

 If a UPSC candidate has a degree in Commerce, it is the best subject to take as an optional subject for the UPSC mains Exam. The Commerce optional syllabus is well-aligned with the degree syllabus for papers I and II. UPSC IAS Commerce Paper 1 is filled with practical problems, whereas UPSC IAS Commerce Paper II is entirely theoretical. It may be approached with practice and deep comprehension to obtain high grades quickly.

Continue reading for Commerce and Accountancy optional books for UPSC mains.

Optional Books for Commerce and Accountancy:

The optional UPSC commerce and accountancy covers accounting, cost accounting, taxation, auditing, financial management, financial markets, organisational theory and behaviour, human resource management, and industrial relations. Here is the complete book list.

Books for Commerce optional Paper I

1.    Accounting Corporate Accounting – Naseem Ahmed

2.    Accounting Standards- D. S. Rawat

3.    Auditing Students’ Guide to Auditing- Aruna Jha

4.    Income Tax book by V.K. Singhania or Girish Ahuja

5.    Cost Accounting; Theory & Problems- Maheshwari & Mittal

6.    Financial Management

7.    Taxation- Income Tax, Service Tax & VAT

8.    Financial Management; Text and Problems- Khan and Jain

9.    Financial Markets & Institutions

10.                       Indian Financial System- M.Y. Khan

11.                       Financial Institutions & Markets- L.M. Bhole

Books for Commerce optional Paper II

1.    Human Resource Management- C.B. Gupta

2.    Industrial Relations- T.N. Chabra and R.K. Suri

3.    Dynamics of Industrial Relations- C.B. Mamoria and Satish Mamoria

4.    Human Resource Management- K. Aswathappa

5.    Organisation Theory and Behaviour- B.P. Singha and T.N. Chabra

6.    Organization Behaviour- L.M. Prasad