CA CPT complete Course & Syllabus

CPT Exam is held twice a year in the month of June and December. It is a test of four subjects –

- Fundamentals of Accounting - FA
- Mercantile Laws - ML
- General Economics - GE
- Quantitative Aptitude - QA

__CPT is an objective type test with negative marking. __CPT Exam is for 200 marks and is divided into two sessions of two hours each with a break in between.

In the CPT Exam, every right answer fetches you 1 mark and wrong answer deducts 0.25 marks. So, actually, if you answer a question wrongly, you lose 1.25 marks in total.

Students need to get a minimum of 30% marks in each subject and a minimum of 50 %marks in average, after considering all the four sections to pass the CPT. As such both the conditions should be satisfied for you to succeed the CPT Exam, 30% in every individual subject and 50% overall level. As such, it is quite possible that your overall score in CPT is 110 marks but you might fail the exam if in any of the subject you score less than 30% marks.

Subjects to be studied in CPT are as follows

- • SESSION – I ( Two Sections – Two hours – 100 marks )
- Section A: Fundamentals of Accounting ( 60 marks )
- Section B: Mercantile Laws ( 40 marks )

- SESSION – II ( Two Sections – Two hours – 100 marks )
- Section C: General Economics ( 50 marks )
- Section D: Quantitative Aptitude ( 50 marks )

CPT Complete Course & Syllabus -

Section A: Fundamentals of Accounting (60 Marks)

1. | Theoretical Framework |

2. | Accounting Process |

a) | 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, include rectifications thereof. |

3. | Bank Reconciliation Statement |

4. | Inventories |

Basis of inventory valuation and record keeping. | |

5. | Depreciation accounting |

a) | Methods, computation and accounting treatment of depreciation, Change in depreciation methods. |

6. | Preparation of Final Accounts for Sole Proprietors |

7. | Accounting for Special Transactions |

a) | Consignments |

b) | Joint Ventures |

c) | Bills of exchange and promissory notes |

d) | Sale of goods on approval or return basis. |

8. | Partnership Accounts |

a) | Final accounts of partnership firms – Basic concepts of admission, retirement and death of a partner including treatment of goodwill. |

9. | Introduction to Company Accounts |

a) | Issue of shares and debentures, forfeiture of shares, re-issue of forfeited shares, redemption of preference shares. |

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Section B: Mercantile Law (40 Marks)

1. | The Indian Contract Act, 1872 |

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

2. | 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. | |

3. | The India Partnership Act, 1932 |

General Nature of Partnership – Rights and duties of partners – Registration and dissolution of a firm. |

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Section C: General Economics (50 Marks)

Micro Economics | |

1. | 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. |

2. | 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 behavior – Marshal’lian approach and Indifference curve approach |

c) | Meaning and determinants of supply, Law of supply and Elasticity of supply. |

3. | Theory of Demand and Supply |

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. |

4. | Price Determination in Different Markets |

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

b) | Price determination in these markets. |

Macro Economics | |

1. | Indian Economy – A Profile |

a) | Nature of the Indian Economy |

b) | Role of different sectors – Agriculture, Industry and Services in the development of the Indian economy, their problems and growth. |

c) | 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. |

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

2. | Select Aspects of Indian Economy |

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

b) | Poverty – Absolute and relative poverty and main programs for poverty alleviation |

c) | Unemployment – Types, causes and incidence of unemployment |

d) | Infrastructure Energy, Transportation, Communication, Health and Education |

e) | Inflation |

f) | Budget and Fiscal deficits |

g) | Balance of payments |

h) | External debts. |

3. | Economic Reforms in India |

a) | Features of economic reforms since 1991 |

b) | Liberalization, Privatization and Disinvestment |

c) | Globalization. |

4. | Money and Banking |

a) | Money – Meaning and functions |

b) | Commercial Banks – Role and functions |

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

d) | Money – Meaning and functions |

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Section D: Quantitative Aptitude (50 Marks)

1. | Ratio and proportion, Indices, Logarithms. |

2. | Equations |

a) | 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. |

3. | Inequalities |

a) | Graphs of inequalities in two variables common region. |

4. | Simple and Compound Interest including annuity, Applications |

5. | Basic concepts of Permutations and Combinations |

6. | Sequence and Series – Arithmetic and geometric progressions |

7. | Sets, Functions and Relations |

8. | Limits and Continuity, Intuitive Approach |

9. | Basic concepts of Differential and Integral Calculus (excluding trigonometric functions) |

10. | Statistical description of data |

a) | Textual, Tabular & Diagrammatic representation of data. |

b) | Frequency Distribution. |

c) | Graphical representation of frequency distribution – Histogram, Frequency Polygon, Ogive |

11. | Measures of Central Tendency and Dispersion |

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

12. | Correlation and Regression |

13. | Probability and Expected Value by Mathematical Expectation |

14. | Theoretical Distributions |

Binomial, Poisson and Normal. | |

15. | Sampling Theory |

a) | 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. |

16. | Index Numbers |

a) | Textual, Tabular & Diagrammatic representation of data. |

b) | Frequency Distribution. |

c) | Graphical representation of frequency distribution – Histogram, Frequency Polygon, Ogive |

CPT Study Material -

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An overview of the study program of CA CPT with Koncept Education is as follows –

- Topic Wise Interesting & Interactive study videos
- 8,000+ Practice MCQs with complete solution & description
- Unlimited Mock Tests – Chapter Wise, Subject Wise
- Doubt Solutions
- Real Time Mock Exam
- Previous Years Papers

The ICAI CPT study material provided by the Institute of Chartered Accountants of India is referred by students across. The ICAI CPT Study Material coupled with our Step by Step learning program ensures the success in CPT.

The CA CPT books cover topics like fundamental of accounting, mercantile law, general economics and quantitative aptitude.

Please click the link below to download the CPT study material of the ICAI -

__1) Study Material for Fundamentals of Accounting:__

So, start with study material for Fundamental of Accounting, following are some important links & chapters you should have a look at:

- Accounting: An introduction
- Accounting Process
- Bank Reconciliation Statement
- Inventories
- Depreciation Accounting
- Preparation of Final Accounts of Sole Proprietors
- Accounting for Special Transactions
- Partnership Accounts
- Company Accounts

2) Study Material for Mercantile Law

In CPT Law you need to learn about what mercantile law really is, following are the links & some important chapters you need to prepare for CPT Exams:

3) Study material for Quantitative Aptitude:

Quantitative Aptitude stands for Mathematics, following are the chapters & link you need to study for your CPT exams.

- Ratio and Proportion, Indices, Logarithms
- Equations
- Inequalities
- Simple and Compound Interest including Annuity – Applications
- Basic Concepts of Permutations and Combinations
- Sequence and Series – Arithmetic and Geometric Progressions
- Sets, Functions and Relations
- Limits and Continuity – Intuitive Approach
- Basic Concepts of Differential and Integral Calculus
- Statistical Description of Data
- Measures of Central Tendency and Dispersion
- Correlation and Regression
- Probability and Expected Value by Mathematical Expectation
- Theoretical Distributions
- Sampling Theory
- Index Numbers Appendices

4) Study Material for General Economics

There are two books in economics that CPT students have to prepare for:

1) Micro Economics:

- Introduction to Micro Economics
- Theory of Demand and Supply
- Theory of Production and Cost
- Price Determination in Different Markets

2) Indian Economic Development:

- Indian Economy – A Profile
- Select Aspects of Indian Economy
- Economic Reforms in India
- Money and Banking

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