Studying or preparing from the right book will clear your basics and get a good grip on the subjects. CBSE and ICSE boards prescribe NCERT books for their curriculum. However, there are many reference 12th commerce books available that provide extensive information about the concepts.

To ease your exam preparation and help in understanding the topics in-depth, we have curated the best reference books for each subject.

Read the complete post to know highly recommended commerce books for class 12  CBSE and ICSE Board. Also, download the reference 12th Commerce Books list PDF for optional subjects below. 

CBSE & ICSE Class 12 Commerce Books List (NCERT)

Here is the complete list of NCERT Books for class 12 commerce mandatory subjects as prescribed by the board. Before you begin with the preparation, it is good to be aware of the latest revised Class 12 Commerce Syllabus 2020 to know important topics in each subject.

Subject Textbook Name Book Price
Accountancy Accountancy Textbook Not-for-Profit Organisation and Partnership Accounts for Class 12th  Rs. 100/-
Accountancy Accountancy Textbook Company Accounts and Analysis of Financial Statements for Class - 12 Rs. 110/-
Accountancy Lekhashastra I Rs. 130/-
Accountancy Lekhashastra II Rs. 145/-
Business Studies Business Studies Part - 1 Principles and Functions of Management for Class - 12 Rs. 95/-
Business Studies Business Studies Part - II Business Finance and Marketing for Class - 12 Rs. 78/-
Business Studies Vyavasaik Adhyayan I for Class 12 Rs. 90/-
Business Studies Vyavasaik Adhyayan II for Class 12 Rs. 70/-
Economics Introductory Microeconomics Rs. 65/-
Economics Introductory Macroeconomics Rs. 100/-
Economics Vyashthi Arthshastra- a textbook for class 12 Rs. 70/-
Economics Samashti Arthashastra book for class 12 economics Rs. 105/-
English Flamingo Rs. 45/-
English Vistas (Core Course) Rs. 70/-

Accountancy Reference Books for Class 12 (CBSE & ICSE)

The table below shows the 12th accountancy reference books. These books are prescribed as per the latest Class 12th Accountancy Syllabus

Board Author Book Name Book Price
Both T S Grewal Double Entry Book Keeping: Accounting for Not-for-Profit Organizations and Partnership Firms - ( Vol. 1) Rs. 420/-
Both T S Grewal Analysis of Financial Statements: Textbook for CBSE Class 12 Rs. 465/-
Both D K Goel and Rajesh Goel Accountancy (Part A) Vol. I, Class –XII Rs. 495/-
Both D K Goel and Rajesh Goel Analysis of Financial Statement Class XII, Part B Rs. 475/-
Both Neeraj Publications NIOS Accountancy for Class 12th in Hindi Medium Rs 175/-
ICSE D K Goel and Rajesh Goel New ISCE Accountancy Class XII volume 1 Partnership Accounts Volume 2 Company Accounts & Analysis of Financial Statement. Rs 950/-

12th Commerce Books

12th Commerce Book

Business Studies Reference Books for Class 12 (CBSE & ICSE)

The table below shows the best reference books for Class 12th for Business Studies. Ensure to study from these expert-recommended books that are as per the latest Class 12 Business Studies Syllabus

Board Author Name Book Name Book Price
Both Poonam Gandhi Business Studies Class 12 CBSE Rs. 504/-
Both Sandeep Garg Business Studies with Case Studies for Class 12 Rs. 375/-
Both Poonam Gandhi Vyavasaye Adhayan for Class 12 Rs.450/-
Both R K Singla Vyavasaye Adhayan for Class 12 Rs. 450/-
ICSE Alka Dhawan Case Studies mentor in Business Studies Class XII Rs. 360/-
ICSE C.B Gupta Core Business Studies Class 12 Rs. 435/-

Economics Reference Books for Class 12 (CBSE & ICSE)

The table below shows the best reference books for Class 12th for Economics. Make sure you study from these books as they include all the topics from the latest Class 12 Economics Syllabus.

Board Author Book Name Book Price
Both T R Jain and VK Ohri Introductory Microeconomics Class 12 CBSE Rs. 348/-
Both TR Jain and VK Ohri Introductory Macroeconomics Class 12 CBSE Rs. 348/-
Both Sandeep Garg Introductory Microeconomics Class 12 CBSE Rs. 335/-
Both Sandeep Garg Introductory Macroeconomics Class 12 CBSE Rs. 335/-
Both TR Jain and VK Ohri Introductory Microeconomics Class 12 CBSE (Hindi Medium) Rs. 340/-
Both TR Jain and VK Ohri Introductory Macroeconomics Class 12 CBSE (Hindi Medium) Rs. 360/-
ICSE S K Aggarwal Core Economics with Video Lectures Class XII Rs. 400/-

English Reference Books for Class 12 (CBSE & ICSE)

Board Author Book Name Book Price
Both Arihant Publication All in One English Core CBSE Class 12.  Rs. 335/-
Both Gajendra Singh CBSE All in One English Core Class 12 Rs. 415/-

Class 12 Commerce Reference Books for Optional Subjects

The below PDF includes the complete list of all reference books for 12th commerce optional subjects. Go through the PDF and start preparing for your respective optional subject.

12th Commerce Reference Books List PDF

FAQ's

Which is the best reference book for class 12 CBSE Commerce?

There are various reference books available for each subject, but student must choose the book that explains all the topics and concepts in depth. Majorly, Oswaal Books are referred by students for better understanding of topics. 

How to download e-books of Class 12th Commerce CBSE and ICSE board?

For CBSE board, students can download the e-books from the official NCERT website and for ICSE also, students can download from the official website. This will be the officially recommended books from the board but students can get access to other e-books from many online sites.

What would be the approximate 12th Commerce Books Set Price?

For all subjects Commerce books, around 700 Rs would be required. There are many reference books well which would cost a little more. It depends on student's interest whether he or she wants to go through about each topic in depth. 

Which are the highly recommended CBSE Class 12 Commerce Books List 2020-21?

Here are few highly recommended Class 12 Commerce Books for CBSE Board:

  • Accountancy - Lekhashastra I , II
  • Business Studies - Vyavasaik Adhyayan I, II
  • Economics - Introductory  Microeconomics, Macroeconomics
  • Maths - Mathematics Textbook for Class 12 Part I, II
  • English - Flamingo
  • Information Practice - Informatics Practices: A Textbook for Class 12
  • Hindi - Aaroh Part 1 Hindi, Part II

Is NCERT Book enough for Class 12 CBSE Commerce stream?

Not really, NCERT is just as per the curriculum and recommended by NCERT. But, in order to understand any concept in depth, it is necessary to refer other books.