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Commerce and Accountancy as an optional subject is preferable only for those who have done their graduation/ masters in commerce. The level of knowledge required is a notch above graduation level or almost equivalent to CA-IPCC level. The Knowledge acquired during past 5-7 years should be leveraged to give competition. It is not advisable for commerce and Management graduate to try new optional. It would be like just inviting competition. They should not dump their knowledge and edge just for the sake of new subject. It looks interesting for the first week to read new subject. Rather same effort should be put on strengthening commerce optional. One can think and achieve 300 + in Commerce & Accountancy which would be very difficult in another subject of new domain.

Book Reference

  • Financial Accounting : P.C. Tulsian/ Monga
  • Cost Accounting : Jawhar Lal / Maheshwahi & Mittal
  • Taxation : Singhania / Girish Ahuja
  • Auditing : Survi Bansal/ Kamal Gupta
  • Financial Institution : Anand Jain
  • Financial Management : I.M.Panday
  • Organisation Theory : L.M.Prasad, Rao Narayanan, R.S.Sharma
  • Industrial Relation : Mamoria, Singh & Chabra & Monappa Or T.N. Chabbra & R.K. Suri
  • Organization Behavior : Stephens & Robbins Or L.M Prasad
  • Industrial Relations in Indian Enterprise : R.S. Duivedi