Chartered Accountant Common Proficiency Test

Section of CA CPT Exam paper

CA-CPT Exam Syllabus

CA-CPT Exam Topics

Max Marks obtained in CA-CPT Exm

CA-CPT Exam Section A: Fundamentals of Accounting

CA-CPT Exam Theoretical Framework

Meaning and Scope of accounting

Accounting Concepts, Principles and Conventions

Accounting Standards – concepts, objectives, benefits

Accounting Policies

Accounting as a measurement discipline – valuation  principles, accounting estimates

60 Marks

 Accounting Process of CA-CPT Exam

Books of Accounts leading to the preparation of Trial Balance,

Capital and revenue expenditures,

Capital and revenue receipts,

Contingent assets and contingent liabilities,

Fundamental errors including rectifications thereof

CA-CPT Exam Bank Reconciliation Statement

CA-CPT Exam Inventories

Basis of inventory valuation and record keeping

CA-CPT Exam Depreciation accounting

Methods, computation and accounting treatment of depreciation,

Change in depreciation methods.

CA-CPT Exam Preparation of Final Accounts for Sole Proprietors

CA-CPT Exam Accounting for Special Transactions

Consignments

Joint Ventures

Bills of exchange and promissory notes

Sale of goods on approval or return basis.

CA-CPT Exam  Partnership Accounts

Final accounts of partnership firms –

Basic concepts of admission,

Retirement and death of a partner including treatment of goodwill

CA-CPT Exam Introduction to Company Accounts

Issue of shares and debentures

Forfeiture of shares

Re-issue of forfeited shares

Redemption of preference shares

CA-CPT Exam Section B: Mercantile Laws

CA-CPT Exam The Indian Contract Act, 1872

An overview of Sections 1 to 75 covering the general nature of contract, consideration, and other essential elements of a valid contract

Performance of contract

Breach of contract

40 marks

CA-CPT Exam The Sale of Goods Act, 1930

Formation of the contract of sale

Conditions and Warranties

Transfer of ownership and delivery of goods

Unpaid seller and his rights

CA-CPT Exam The India Partnership Act, 1932

General Nature of Partnership

Rights and duties of partners

Registration and dissolution of a firm

CA-CPT Exam Section C: General Economics

CA-CPT Exam Micro Economics

Introduction to Micro Economics 

(a) Definition, scope and nature of Economics

(b) Methods of economic study

(c) Central problems of an economy and Production possibilities curve.

Theory of Demand and Supply

(a) Meaning and determinants of demand, Law of demand and elasticity of demand ─ Price, income and cross elasticity

(b) Theory of consumer ’s behaviour–Marshallian approach and Indifference curve approach (c) Meaning and determinants of supply, Law of supply and Elasticity of supply.

Theory of Production and Cost

(a) Meaning and Factors of production

(b) Laws of Production – The Law of variable proportions and Laws of returns to scale

(c) Concepts of Costs- Short-run and long-run costs, Average and marginal costs, Total, fixed and variable costs

Price Determination in Different Markets

(a) Various forms of markets – Perfect Competition, Monopoly, Monopolistic Competition and Oligopoly

(b) Price determination in these markets

50 marks

CA-CPT Exam Indian Economic Development

Indian Economy – A Profile 

(a) Nature of the Indian Economy

(b) National Income of India – Concepts of national income, Different methods of measuring national income, Growth of national income and per capita income in various plans.

(c) Role of different sectors – Agriculture, Industry and Services in the development of the Indian economy, their problems and growth

(d) Basic understanding of tax system of India – Direct and Indirect Taxation

Select Aspects of Indian Economy

(a) Population – Its size, rate of growth and its implication for growth

(b) Unemployment – Types, causes and incidence of unemployment

(c) Poverty – Absolute and relative poverty and main programs for poverty alleviation

(d) Inflation

(e) Balance of payments

(f) Budget and Fiscal deficits

(g) Infrastructure ─ Energy, Transportation, communication, Health and Education

(h) External debts.

Economic Reforms in India

(a) Features of economic reforms since 1991

(b) Liberalisation, Privatisation and Disinvestment

(c) Globalisation.

Money and Banking

(a) Money – Meaning and functions

(b) Commercial Banks – Role and functions

(c) Reserve Bank of India – Role and functions, Monetary policy

CA-CPT Exam Section D: Quantitative Aptitude

CA-CPT Exam Ratio and proportion, Indices, Logarithms

50 marks

CA-CPT Exam Equations

Linear – simultaneous linear equations up to three variables,

Quadratic and cubic equations in one variable,

Equations of a straight line,

Intersection of straight lines

Graphical solution to linear equations

CA-CPT Exam Inequalities

Graphs of inequalities in two variables- common region

CA-CPT Exam Basic concepts of Permutations and Combinations

CA-CPT Exam Simple and Compound Interest including annuity- Applications

CA-CPT Exam Sequence and Series – Arithmetic and geometric progressions

CA-CPT Exam Sets, Functions and Relations

CA-CPT Exam  Limits and Continuity Intuitive Approach

CA-CPT Exam Basic concepts of Differential and Integral Calculus (excluding trigonometric functions

CA-CPT Exam Statistical description of data

Textual, Tabular & Diagrammatic representation of data.

Frequency Distribution.

Graphical representation– Histogram, Polygon, Frequency

Measures of Dispersion and Central Tendency

Median – Mode, Partition Values, Arithmetic Mean, Standard deviation, Geometric Mean and Harmonic, Mean, Quartile deviation

Theoretical Distributions

Binomial, Poisson and Normal

Probability and Expected Value by Mathematical Expectation

Correlation and Regression

Sampling Theory

Basic Principles of sampling theory,

Comparison between sample survey and complete enumeration

Errors in sample survey

Some important terms associated with sampling

Types of sampling

Theory of estimation

Determination of sample size

Index Numbers