The admission seekers, who are looking for entrance in Chartered Accountancy course conducted by Institute of Chartered Accountants of India, have to appear in Chartered Accountant Common Proficiency Test, which is also known as CA CPT Exam. The exam is conducted as an entry level test in several cities all over India.
Syllabus
The syllabus for Chartered Accountant Common Proficiency Test (CA CPT) comprises of basic knowledge in fundamental of Accounting, mercantile law, general economics and quantitative aptitude. Topics in each subject are given below.
Accounting
Theoretical Framework, Bank Reconciliation Statement, Accounting Process, Introduction to Company Accounts, Partnership Accounts, Accounting for Special Transactions, Preparation of Final Accounts for Sole Proprietors, Depreciation accounting, Inventories.
Mercantile Law
The Indian Contract Act, 1872, the Sale of Goods Act, 1930 and the India Partnership Act, 1932.
General Economics
Economic Reforms in India, Select Aspects of Indian Economy, Indian Economy – A Profile, Price Determination in Different Markets, Theory of Production and Cost, Theory of Demand and Supply, Micro Economics.
Quantitative Aptitude
Sampling Theory, Theoretical Distributions, Probability and Expected Value by Mathematical Expectation, Correlation and Regression, Measures of Central Tendency and Dispersion, Statistical description of data, Basic concepts of Differential and Integral Calculus, Limits and Continuity - Intuitive Approach, Sets, Functions and Relations, Sequence and Series – Arithmetic and geometric progressions, Basic concepts of Permutations and Combinations, Simple and Compound Interest including annuity - Applications, Inequalities, Equations, Ratio and proportion, Indices, Logarithms.
