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Accountancy Books for Class 11 and 12

Author : Akash Kumar Singh

August 30, 2024

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Overview: Discover the best Accountancy Books for Class 11 and 12, tailored for CBSE and ICSE boards. Dive into a structured learning approach with recommended textbooks and sample papers to master accountancy fundamentals and excel in board exams. 

Accountancy books Class 11-12 are very helpful to create a basic understanding of accounting. These books are designed in a systematic manner to learn accounting in a step by step order. These books are really advantageous to prepare for Accounts Boards Exam Class 12.

Along with referring to the right books, candidates are advised to solve the Class 11 accountancy sample papers to know the difficulty level of the paper and the type of questions asked in the exam.

Top Accountancy Books for Class 11 and 12

Books that are prescribed by CBSE and ICSE boards are listed below. The accountancy book class 11-12 that is prescribed by CBSE are mostly NCERT books. But books that are prescribed to ICSE students are textbooks from different authors. Let us have a look at the table below to know the best 11th and 12th commerce books for the preparation of the Accountancy syllabus.

Class CBSE Board Top preference book ICSE Board Top preference book
11th Accountancy Financial Accounting Textbook for class XI - Part I Sultan Chand ISC Double Entry Book Keeping for Class 11 (2020)
11th Accountancy Financial Accounting Textbook for class XI - Part II APC New I.S.C. Accountancy Textbook for Class 11
12th Accountancy textbook Not-for-Profit Organisation and partnership Accounts for Class 12th  Sultan Chand ISC Double Entry Book Keeping (Section A) for Class 12 (2020)
12th Accountancy textbook Company Accounts and Analysis of Financial Statements for Class 12th Sultan Chand ISC Management Accounting (Section B) for Class 12 (2020)
12th Lekhashastra I APC New I.S.C. Accountancy Volume-1 & 2 Textbook for Class 12
12th Lekhashastra II S Chand ISC Accountancy for Class 12

CBSE Class 11 Accounts Books

The top five book recommendations for class 11 CBSE students are as follows. This includes textbooks as well as reference books from conventional publications. Go through the CBSE Class 11 Commerce Books for Accountancy and enhance your preparation for the upcoming exam.

S.No. Book Name Author/Publications
1. Accountancy Financial Accounting Textbook for class XI - Part I NCERT
2. Accountancy Financial Accounting Textbook for class XI - Part II NCERT
3. CBSE New Pattern 15 Sample Paper Accountancy Class 11 for 2021 Exam with reduced Syllabus by Richa Makkar/Arihant Publications
4. CBSE All In One Accountancy Class 11 for 2025 Exam by Richa Makkar, Parul Jain/Arihant Publications
5. Double Entry Bookkeeping : Financial Accounting Textbook for CBSE Class 11 CA. Dr. G.S. Grewal & R.K. Khosla T.S. Grewal, H.S. Grewal/Sultan Chand & Sons Private Limited

1. Accountancy Financial Accounting Textbook for class XI - Part I

It helps concept building as the language used in this book is easy and to the point. It covers almost half of the syllabus of CBSE accounts class 11th. The other half is covered in its second part, to give a complete package to study accounts subject for class 11th in an interesting and understandable way. It is by NCERT so it is a must-have book for CBSE board students.

2. Accountancy Financial Accounting Textbook for class XI - Part II

This book is part 2 of the previous book. It is a must-have if the student is buying part 1. It is an NCERT book, so it has a pictorial descriptions of concepts which makes learning more interesting and easy.This book covers the second half of the syllabus of CBSE Accounts class 11th.

3. CBSE New Pattern 15 Sample Paper Accountancy Class 11 for 2025 Exam with reduced Syllabus

This book by Arihant publications is merely based on the new curriculum prescribed by CBSE. At the very beginning of this book, there is a fast track revision module to brush up on the concepts at one glance. Online support is available for unsolved papers.

4. CBSE All In One Accountancy Class 11 for 2025 Exam

Arihant’s “All IN One” is a well-known series for class 6th to 12th. It is the bestselling series of Arhinat’s publications. The book covers complete theory and contains five sample papers and sample projects also. The book comprises new pattern questions, be it objective or subjective type solved questions.

5. Double Entry Bookkeeping: Financial Accounting Textbook for CBSE Class 11

The book contains class-tested material with ample amounts of diagrams, formats and tables for a better understanding of concepts. High order thinking skills (HOTS) questions, Multiple choice questions (MCQs), short answer questions (SAQs) and Long answer questions (LAQs) are available at chapter-end and also towards the end of the book in cumulative form.

ICSE Class 11 Accounts Books

The top five book recommendations for Class 11 ICSE students are listed below. This includes textbooks as well as reference books from conventional publications.

S.No. Book Name Author/Publications
1. Sultan Chand ISC Double Entry Book Keeping for Class 11 T.S. Grewal , H.S. Grewal, G.S. Grewal , R.K. Khosla /Sultan Chand & Sons Private Limited 
2. APC New I.S.C. Accountancy Textbook for Class 11 D.K. Goel, Rajesh Goel, Shelly Goel/Arya Publications
3. Accountancy Class 11 for 2021 Exam Divya Sharma/VK Global Publications Pvt. Ltd.
4. Accountancy for Class 11 - Financial Accounting Examination  Sandeep Garg/ Dhanpat Rai Publications Pvt Ltd
5. Accountancy for Class-XIth Dr.S.K. Singh,Shailesh Chauhan/SBPD Publications

1. Sultan Chand ISC Double Entry Book Keeping for Class 11

The book offers topics according to their weightage. Advance level questions as well as exercise-end questions are included for each topic. Up-to-date illustrations with formats and tables are used to make learning easy and efficient.

2. APC New I.S.C. Accountancy Textbook for Class 11

Language of the book is very simple to read for 11th class students. It is the best book for beginners to accountancy. Practical questions are strictly in the same order of illustrations. Hints and answers are given at the end of each question.

3. Accountancy Class 11 for 2025 Exam

Along with Solved question papers, the book is apt in accounting equations, theory base of accounting, accounting terminology to clear basics of 11th accounting.

4. Accountancy for Class 11 - Financial Accounting Examination

The previous four editions of this Dhanpat Rai publications book were very popular among teachers and students of the ICSE board. The fifth edition of session 2020-2021 is based on the newly revised curriculum of accounts class 11th. The book illustrates the fundamental principles of Accounting in a very systematic manner.

5. Accountancy for Class-XIth

A book of Sbpd publication house is always among the top five recommended books for ICSE board due to concept clearance and countrywide popularity. This book follows the revised curriculum prescribed by the ICSE board this year.

CBSE Class 12 Accounts Books

Book recommended CBSE 12th commerce books are given in the table below. Textbooks as well as reference books from conventional publications that are trusted by teachers and students for many years.

S.No. Book Name Author/Publication
1. Accountancy textbook Not-for-Profit Organisation and Partnership Accounts for Class 12th  NCERT
2. Accountancy textbook Company Accounts and Analysis of Financial Statements for Class 12th NCERT
3. Lekhashastra I NCERT
4. Lekhashastra II NCERT
5. Oswaal CBSE Question Bank Class 12 Accountancy Oswaal Editorial Board/Oswaal Books

1. Accountancy textbook Not-for-Profit Organisation and Partnership Accounts for Class 12th 

An NCERT published book, Not-for-Profit Organisation and Partnership Accounts is the best study material for students of class 12th. It follows the new guidelines and curriculum announced by CBSE. The book is enriched with important topics explained in an easy manner.

2. Accountancy textbook Company Accounts and Analysis of Financial Statements for Class 12th

This NCERT book is a boon for Class 12 CBSE students. It covers all the core concepts according to the newly released revised syllabus of CBSE Class 12. The book illustrates concepts with diagrams and tables.

3. Lekhashastra I

This NCERT book is prescribed for students of Hindi Medium CBSE affiliated schools. The book strictly adheres to CBSE guidelines. Lekhashastra I covers half of the syllabus of Class 12 Accountancy. Students must refer to Lekhashastra II for the other half.

4. Lekhashastra II

This book is also the best recommendation for Hindi Medium CBSE affiliated schools. The book is the best aid to prepare for the main exam. This book along with its first part covers the entire syllabus in a systematic manner.

5. Oswaal CBSE Question Bank Class 12 Accountancy

The reference book by “Oswaal Group” is a question bank for practicing analytical and arithmetic problems of accounting class 12. The book contains chapter-wise questions. This book is enriched with hundreds of relevant questions to prepare for 100 percent of the accounting subject in the board exam.

ICSE Class 12 Accounts Books

Practicing Class 12 accountancy sample papers will help candidates to improve their time management skills and problem-solving skills. The top five book recommendations for Class 12 ICSE students are in the table below. This includes textbooks as well as reference books from conventional publications.

S.No. Book Name Author/Publication
1. Sultan Chand ISC Double Entry Book Keeping (Section A) for Class 12 T.S. GREWAL, R.K. KHOSLA, G.S. GREWAL, H.S. GREWAL/Sultan Chand & Sons Private Limited 
2. Sultan Chand ISC Management Accounting (Section B) for Class 12 R.K. Khosla T.S. Grewal, H.S. Grewal, CA. (Dr.) G.S. Grewal/Sultan Chand & Sons Private Limited 
3.

APC New I.S.C. Accountancy Volume-1 & 2 Textbook for Class 12

D.K. Goel, Rajesh Goel/Avichal Publishing Company
4. S Chand ISC Accountancy for Class 12 V Wason & Pankhuri Wason /Sultan Chand Publishing
5. Oswaal ISC Question Bank Chapterwise & Topicwise Solved Papers, Accounts, Class 12  Oswaal Editorial Board/Oswaal Books

1. Sultan Chand ISC Double Entry Book Keeping (Section A) for Class 12

Simple and lucid explanation with class-tested and graded study material.Accounting process and entries explained at chapter-end with the help of Flow Chart and tables.Practice problems are included at chapter-end for better understanding of concepts.

2. Sultan Chand ISC Management Accounting (Section B) for Class 12 

The book consists of master questions and advanced level questions. Due weightage is given to each topic as per ICSE guidelines. Up-to-date illustrations are included for easy understanding of the subject.

3. APC New I.S.C. Accountancy Volume-1 & 2 Textbook for Class 12

Questions from the last ten years are integrated in respective chapters. Accuracy is the best feature of this book. Answers and hints to solve the question are provided towards the end of each question.

4. S Chand ISC Accountancy for Class 12

The book embodies the effects of all Accounting standards issued by the institute of Chartered Accountants of India. Familiarisation paragraph is added at the very beginning of each chapter to lead the students gently into the unit. It covers all the concepts of newly revised syllabus of ICSE board’s class 12 accountancy. 

5. Oswaal ISC Question Bank Chapterwise & Topic Wise Solved Papers, Accounts, Class 12 (Reduced Syllabus)

The book is supplemented with previous year board questions, toppers hand-written answers, answering tips and examiner’s comments. Answers are provided strictly based on the ICSE marking scheme. Mind Maps, Revision Notes and suggested videos are provided towards the end of each chapter. 

In conclusion, selecting the right accountancy books for Class 11 and 12 is pivotal for mastering the complexities of the subject and excelling in board exams.

The recommended textbooks and resources for both CBSE and ICSE students offer comprehensive coverage, systematic instruction, and varied practice materials that align closely with the syllabus and exam expectations.

Key Takeaways:

  • Structured Learning: Textbooks are specifically designed to build a fundamental understanding of accounting step-by-step, ensuring students grasp each concept thoroughly.
  • Board-Specific Recommendations: Both CBSE and ICSE boards have preferred textbooks that cater to their unique syllabus requirements, highlighting the importance of choosing the right materials.
  • Practice through Sample Papers: Utilizing Class 11 Accountancy Sample Papers helps students understand the exam format and difficulty level, enhancing their exam readiness.
  • Comprehensive Coverage: Books like NCERT’s Accountancy textbooks for CBSE and Sultan Chand’s resources for ICSE cover the entire syllabus effectively, providing all necessary information in one place.
  • Supportive Resources: Additional materials such as solved papers, question banks, and online support play a crucial role in reinforcing knowledge and boosting confidence before exams.

Frequently Asked Questions

How many books are there for accountancy class 12?

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