Choosing Commerce & Accountancy as an Optional Subject in UPSC

For those who have pursued commerce in their graduation, it could be a wise decision to choose Commerce & Accountancy as their optional subject for the UPSC Mains Exam. The syllabus for this subject aligns well with the degree syllabus for both Paper I and Paper II. While Paper I of Commerce requires practical problem-solving, Paper II is purely theoretical. With thorough understanding and consistent practice, scoring high in this subject is achievable.

You can check the UPSC Syllabus for Commerce to understand the subject better. Let's now dive into the list of important books for this subject.

Essential Books for Commerce Optional Paper I

• Corporate Accounting – Naseem Ahmed
• Accounting Standards- D. S. Rawat
• Students’ Guide to Auditing- Aruna Jha
• Income Tax book - V.K. Singhania or Girish Ahuja
• Cost Accounting; Theory & Problems- Maheshwari & Mittal
• Financial Management
• Taxation- Income Tax, Service Tax & VAT
• Financial Management; Text and Problems- Khan and Jain
• Financial Markets & Institutions
• Indian Financial System- M.Y. Khan
• Financial Institutions & Markets- L.M. Bhole

If you are preparing for UPSC 2023 , you might find the linked article helpful for your preparation strategy.

Recommended Books for Commerce Optional Paper-II

• Human Resource Management- C.B. Gupta
• Industrial Relations- T.N. Chabra and R.K. Suri
• Dynamics of Industrial Relations- C.B. Mamoria and Satish Mamoria
• Human Resource Management- K. Aswathappa
• Organisation Theory and Behaviour- B.P. Singha and T.N. Chabra
• Organization Behaviour- L.M. Prasad

After exploring the recommended IAS Commerce books and UPSC Commerce & Accountancy optional syllabus, you can also refer to the UPSC Commerce Optional Strategy in the linked article.

In the table below, you will find some relevant articles about UPSC Commerce and Accountancy subject and IAS exam.