List Of Best CA Books For Foundation, Intermediate & CA Final | Physics Wallah

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CA exam is the National level exam that is conducted twice every year by the Institute of Chartered Accountants of India (ICAI). ICAI is a statutory body responsible for conducting, regulating, and managing this National Level exam.

There are a total of three stages in this professional course which include CA Foundation, CA Intermediate, and CA Final. It will take almost 3.5 to 5 years to complete this course. 

All those students who have completed their 12th from CBSE, ICSE, or State Board in any of the three streams are eligible to sit in the entrance of the CA exam. 

The students from a commerce background have to score a minimum of up to 50% in the +2, whereas science and arts stream students have to score an aggregate of 60% in the board exam of class 12 to sit in the CA Foundation.

 Cracking the CA entrance exam is not a cakewalk, so there is a need to put the efforts in the right direction. There are bundles of books available in the market, but the candidates must choose the best one. Let’s see the list of some best books.  

List Of The Best CA Books For Foundation, IPCC & CA Final


CA Foundation: This is the first step towards becoming a Professional

Accountant. There are a total of Four papers in the CA Foundation on 4 Different Subjects. Each Paper contains 100 marks. Two are subjective in Nature, whereas the other two are wholly objective. 


Best Crackers for CA Foundation :- Stage 1


CA Foundation



Paper 1



Fundamentals of accountings

CA DR PC Tulsian and CA Bharat Tulsian

Basics of accounting, Accounting standards, Capital and Revenue Expenditure, Accounting process and Accounting for Bill of Exchange, Share Capital, Consignment and Depreciation etc.


CPT Grewal's Accountancy by M.P Gupta & B.M Aggarwal


Meaning and scope of Accounting, Principles and Conventions, Accounting Standards, Indian Accounting Standards and Capital and Revenue Expenditure etc.


Fundamentals of Accounting (CA CPT) by D.G. Sharma

Similar content as CA DR PC Tulsian and CA Bharat Tulsian and CPT Grewal's Accountancy by M. P Gupta and B. M Aggarwal

Paper 2



Business Laws and Business Correspondence and Reporting

Mercantile Law by M.C.Kucchal and Vivek Kucchal

Basic Concepts of Contract, Sale of Goods Act, Partnership, Insurance, Information Technology, Consumer Protection Insolvency and Arbitration and Conciliation etc.


CA foundation Business Laws by Dr V.K.Jain CA Shashank S. Sharma


Paper 3



General Economics

General Economics by S.K.Agarwal

Nature and Scope of Business Economics, Theory of demand and supply, Theory of production and Cost, meaning and Types of markets and business cycle.


General Economics by PM Salwan & Pranjal B Deshpande

Almost Similar contents as General Economics by S. K. Aggarwal

Paper 4



Quantitative Aptitudes

Quantitative Aptitude by Dr T.Padma and K.C.P Rao

Ratio and proportion, Indices and Logarithms, Linear inequalities, Time value of money, Number Series, Coding and Decoding, Seating Arrangements and Blood Relations etc.

IPCC:- IPCC or Integrated Professional Competence Course is the second stage of the CA Exam. One can enter this exam after passing the common proficiency Test (CPT) or directly after completing Graduate or Post Graduate with an aggregate of 55% if from a Commerce background and 60% for other streams or after clearing Intermediate of the institute of cost accountants.


Some of the best books for IPCC (Integrated Professional Competence Course) – Stage 2





Taxman Financial Management by Ravi M. Kishore

750+ solved questions, overview of cost and management accounting, cost clarification and cost behavior, inventory control, allocation and appointment, Activity Based Cost Systems, contract costing and Marginal costing, etc.


Practical Approach to Direct and Indirect Taxes

: Income Tax and GST by

Girish Ahuja and Ravi Gupta

Problems related to Income Tax and GST, more than 1000 MCQs, the concept of direct and indirect taxes, practical problems and problems with systematic approach to, Taxation etc.


Simplified Approach to Financial Management and Economics

for Finance-Theory by CA K. Hariharan

Scope and objective of financial management, capital structure, ratio analysis, capital budgeting and lease financing etc.


Students’ Guide To Income Tax Including GST

by Dr Vinod K. Singhania and Dr Monica Singhania

Residential Status, income under the head salaries and it's computation, clubbing of income, return of income, profit and gains, GST and Interest Payable etc.


Income Tax Book AY 2020-2021 By CA Raj K Agrawal

Basic Concepts of Income Tax,  Residential Status, Exempt income, profit and Gains from Business Or profession and capital gains etc.


List of books for CA Final – Stage 3

CA Final



Group 1

Financial Reporting by Praveen Sharma and kapileshwar Bhalla

Framework for Preparation and Presentation of Financial Statements, Presentation of Items in the Financial Statements, Revenue from Contracts with Customers, Measurement based on Accounting Policies, Accounting for Government Grants and Disclosure of Government Assistance, Assets of the Financial Statements, Valuation of Inventory, Industry Specific Ind AS, Ind AS on Liabilities of the Financial Statements, Ind AS on Items impacting the Financial Statements 652*,Ind AS on Disclosures in the Financial Statements, Accounting and Reporting of Financial Instruments, Accounting for Share Based Payment, Business Combinations and Corporate Restructuring, Consolidated and Separate Financial Statements, Analysis of Financial Statements, Integrated Reporting, Corporate Social Responsibility Reporting


Strategic Financial Management by K. M Bansal and Anjali Agarwal

Financial Policy and Corporate Strategy, Security Analysis, Securitization

Risk Management, Mutual Funds, valuation, portfolio Management, Security Valuation, Derivatives Analysis and

Foreign Exchange Exposure & Risk Management, interest rate risk management,

International Financial Management,

Corporate Valuation

Mergers, Acquisitions and Corporate Restructuring

Start-up Finance


Corporate and Economic Laws by Pankaj Garg

Appointment and Qualifications of Directors,

Meeting of the Board and its Powers, Compromises, Arrangements, and Amalgamations,

Prevention of Oppression & Mismanagement,

Winding Up,

 National Company Law Tribunal and Appellate Tribunal,

Corporate Secretarial Practice – Drafting of Notices, Resolutions, Minutes & Reports,

 Securities and Exchange Board of India Act, 1992 & SEBI (LODR) Regulations, 2015

Foreign Exchange Management Act, 1999,

Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (SARFAESI Act, 2002),

Prevention of Money Laundering Act, 2002,

Foreign Contribution (Regulation) Act, 2010,

Arbitration and Conciliation Act, 1996,

Insolvency and Bankruptcy Code, 2016

Group 2

Direct Tax Laws and International Taxation by Ravi Chhawchharia

Direct Tax Laws - Basic Concepts of Income Tax Laws and Tax Rates, Residential Status [Section 6], Profits and Gains of Business or Profession [Section 28 to Section 44DB], Tax on Conversion of Unaccounted Money [Section 56(2)(x), (vii); Section 94; Section 68 to 69D & Section 115BBE], Income Computation and Disclosure Standards and Taxation of Cooperative societies etc.



International Taxation-Tax Incidence in India [Section 6(3), Sections 7 to 9A, Section 115JH, Section 285, and Section 285A], Double Taxation Relief (DTAA) [Chapter IX – Sections 90, 90A and 91] and Taxation of Non-Residents [Section 115A to Section 115AD, Section 115BBA and Chapter XIIA – Sections 115C to 115-I], etc.


Indirect Tax Laws by V. S Datey, K. M Bansal, and Mahesh Gour

GST in India, Supply, GST, Input Tax Credit, Registration, payments of Tax, Advance Ruling, Demands and Recovery, Types of Duty, Valuation under the Customs Act, 1962, Importation, Exportation and Transportation of goods etc.



Although the above-mentioned are the best books available for the CA exam, Candidates are always advised to go through the study materials of ICAI (Institute of Chartered Accountants of India) thoroughly for better results. The syllabus Should be on the tips of candidates for subject-wise preparation. Keep on visiting the official website from time to time to keep yourself updated with all relevant information ie. ICAI is responsible for notifying the changes in the CA Entrance Exam syllabus, the release of results, the declaration of the exam date, and for preparing its Final Syllabus.



  1. What are the Fees for CA Final Entrance Exam? 

The examination fee for both groups of the CA final is 3300/, and for a single group is 1800/.


  1. Can students skip the CPT(Common Proficiency Test) in CA entrance Exam? 

Ans. If the student has completed their Graduation from a commerce background with an aggregate of 55%, then they can directly give the CA intermediate level by Skipping this level. 


  1. What is the age Limit of the Candidates for the CA exam? 

There is no specific Age limit in this course. One can give this exam at any stage of their life. 

  1. Is CA a Government Job? 

The candidate from a CA background has an opportunity to work for both government and private sectors. They can work as a manager, accountants, auditor, treasury manager, etc., in many top private sector and government organizations. 

  1. What is the Passing mark in CA Exam? 

The candidate should score a minimum of 50% aggregate marks and 40% in each subject to pass this exam. 

  1. Why is CA considered one of the toughest exams?

CA is considered one of the hardest of all because the syllabus of the exam is very lengthy. It covers a vast number of subjects with several topics, and students need to have a good understanding of all those subjects to pass the three levels of this exam. 


  1. Is CA Without B. Com good?

CA is a Professional course and one can do it without B. Com but that will require lots of hard work. Doing CA without B. Com is worth it.

Anmol Yadav 2
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