#CareerBytes: Top book recommendations for CA exam
What's the story
Chartered Accountancy (CA) course, by the Institute of Chartered Accountants of India (ICAI) is one of the most-sought-after ones in India.
The course is divided into 3 different stages - CPT (entry level), Intermediate, and Final, and is regarded as one of the toughest exams in the country.
Here are toppers' book reference recommendations for different level exams of the CA course.
CA-CPT
Book recommendations for CA-CPT exams
There are, in total, four sections of the CA-CPT exam.
For Section A, i.e. Fundamentals of Accounting, the top recommended book is CPT Grewal's Accountancy by MP Gupta & BM Aggarwal.
And, for the Mercantile Laws section, P.P.S Gogna and PC Tulsian are top choices.
Talking about General Economics, SK Agarwal and Deepashree are highly recommended, and for Quantitative Aptitude, PN Arora is vital.
IPCC (Group 1)
Top book recommendations for CA - IPCC Group 1
These are the top book recommendations for CA-IPCC Group 1:
Accounting: PC Tulsian, MP Vijay Kumar, and Padhuka.
Law: Munish Bhandari, Padhuka, GK Kapoor, Jayaraman, and M.P. Vijay Kumar.
Costing and FM: Padhuka, PC Tulsian and Alok Agarwal and Mridu Agarwal.
Taxation: Singhania, TN Manoharan, Padhuka, and Ahuja-Gupta are the top reads.
IPCC (Group 2)
Top book recommendations for CA - IPCC (Group 2)
Following are the the toppers' book recommendations for the IPCC Group-2 exams:
For Advanced Accounting, PC Tulsian, MP Vijay Kumar, and Padhuka are the best sources to ace the exam.
While for Auditing, Padhuka, Surbhi Bansal, VK Agarwal, and Kamal Garg are recommended.
And for IT, Dinesh Madan and Padhuka, and for SM, Padhuka and SS Khandare, AM Sheikh should be preferred.
Final (Group 1)
Top CA book recommendations for Final (Group-1)
Top book recommendations for CA Final (Group-1) papers:
Financial Reporting (FR): MP Vijay Kumar, ICAI Practice Module, and DS Rawat (for Accounting Standards).
Strategic Financial Management (SFM): SD Bala and V. Pattabhiram, and AN Sridhar.
Auditing: Surbhi Bansal, Vinod Kumar Agarwal, and Padhuka.
Corporate and Allied Laws: Munish Bhandari, Jayaraman, Pahduka, and ICAI Practice Manuals.
Final (Group 2)
Top book recommendations for CA Final (Group-2)
Top book recommendations for CA Final (Group-2):
Advancement Management Accounting (AMA): Padhuka, Ravi M. Kishore, and Saxena & Vashist.
ISCA: Dinesh Madan, Manish Valecha, Padhuka and ICAI Study Material.
Direct Taxes (DT): Vinod Gupta, Singhania, TN Manoharan, and Madhuka.
Indirect Taxes (IDT): NS Govindan, Yogendra Bangar, Md. Rafi and Ajay Jain are some of the best choices for CA Final preparation.