Do you want to join Chartered Accountant Course?
Then, you must complete entrance exam of CA course I;e CA CPT (Common Proficiency Test).
Today we are discussing what is CPT exam, how many subjects are there, subject wise syllabus applicable for June 2018.
At end of the article, you can also download CA CPT syllabus 2018 in PDF.
When did you register for CA CPT course?
If you register for CA CPT course after 1st July 2017, then this article is not for you.
CPT new syllabus is applicable to you. So you are under CA Foundation course, not in CA CPT course.
If you are looking for CA Foundation course syllabus then check this one: CA Foundation Syllabus For May 2018.
Students who register before 30th June 2017 can write CA CPT exam in old syllabus up to June 2019.
How many subjects are there in CA CPT exam?
There are 4 subjects in CPT portion i.e. Fundamentals of Accounting, Mercantile Law, General Economics and Quantitative Aptitude.
There are 2 sessions in CA CPT exam i.e. Morning Session and Afternoon Session.
In the morning session, the exam includes subjects of Fundamentals of accounting and Mercantile Law for 100 marks and in the afternoon session, exam includes subjects of General Economics and Quantitative Aptitude (Maths) For 100 Marks.
|Common Proficiency Test|
|Section A||Fundamentals of Accounting||60 Marks|
|Section B||Mercantile Law||40 Marks|
|Section C||General Economics||50 Marks|
|Section D||Quantitative Aptitude||50 Marks|
A candidate is required to secure a minimum of 30 percent marks in each Section and a minimum of 50 percent marks in aggregate in all the four Sections to pass the Common Proficiency Test.
|CPT Books PDF||CA CPT Result||ICAI CPT Classes|
In simple words, it is clarified that if a candidate secures a minimum of 50 percent marks in the aggregate, but fails to secure the minimum marks required in any one or more of the sections A, B, C or D (as mentioned above), this result will be FAIL.
Similarly, if a candidate secures a minimum of 30 percent marks in each section but fails to secure 50 per cent marks in the aggregate of all sections his result will be FAIL.
|Minimum Passing Marks for CPT|
|Section||Subject||Maximum Marks||Minimum Marks|
|A||Fundamentals of Accounting||60||18|
Ok, now check CA CPT syllabus applicable for June 2018, December 2018 and June 2019 for the students who register before 1st July 2017.
CA CPT Syllabus For June 2018
CPT Fundamentals of Accounting Syllabus For June 2018
Section A: Fundamentals of Accounting (60 Marks)
1. Theoretical Framework
(i) Meaning and Scope of accounting
(ii) Accounting Concepts, Principles, and Conventions
(iii) Accounting Standards – concepts, objectives, benefits
(iv) Accounting Policies
(v) Accounting as a measurement discipline – valuation principles, accounting estimates
2. Accounting Process
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.
3. Bank Reconciliation Statement
The basis for inventory valuation and record keeping.
5. Depreciation accounting
Methods, computation and accounting treatment of depreciation, Change in depreciation methods.
6. Preparation of Final Accounts for Sole Proprietors
7. Accounting for Special Transactions
(b) Joint Ventures
(c) Bills of exchange and promissory notes
(d) Sale of goods on approval or return basis.
8. Partnership Accounts
Final accounts of partnership firms – Basic concepts of admission, retirement, and death of a partner including treatment of goodwill.
9. Introduction to Company Accounts
An issue of shares and debentures, forfeiture of shares, re-issue of forfeited shares, the redemption of preference shares.
CPT Mercantile Law Syllabus For June 2018
Section B: Mercantile Laws (40 Marks)
1. The Indian Contract Act, 1872: An overview of Sections 1 to 75 covering the general nature of the contract, consideration, other essential elements of a valid contract, performance of a 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.
CPT General Economics Syllabus For June 2018
Section C: General Economics (50 Marks)
(I) Micro Economics
1. Introduction to Micro Economics
(a) Definition, scope, and nature of Economics
(b) Methods of economic study
(c) The 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 – Marshall Ian approach and Indifference curve approach
(c) Meaning and determinants of supply, Law of supply and Elasticity of supply.
3. 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.
4. Price Determination in Different Markets
(a) Various forms of markets – Perfect Competition, Monopoly, Monopolistic Competition and Oligopoly
(b) Price determination in these markets.
(II) Indian Economic Development
5. 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
6. 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
(f) Budget and Fiscal deficits
(g) Balance of payments
(h) External debts.
7. Economic Reforms in India
(a) Features of economic reforms since 1991
(b) Liberalization, Privatization, and Disinvestment
8. Money and Banking
(a) Money – Meaning and functions
(b) Commercial Banks – Role and functions
(c) Reserve Bank of India – Role, and functions, Monetary policy.
CPT Quantitative Aptitude Syllabus For June 2018
Section D: Quantitative Aptitude (50 Marks)
1. Ratio and proportion, Indices, Logarithms
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 of linear equations.
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
Basic Principles of sampling theory, Comparison between sample survey and complete enumeration, Errors in sample surveys, Some important terms associated with sampling, Types of sampling, Theory of estimation, Determination of sample size.
16. Index Numbers.
|Download||ICAI CA CPT Syllabus PDF|
Did this article help you to check CA CPT syllabus 2018?
Still, if you have any doubts then let me in the comments section.
If you want to convert from CPT course to CA Foundation course then read Switchover to CA New Syllabus.
Also, read these 55 FAQ on CA Revised Course.
Share this article with your friends who are going to write CA CPT exam in June 2018.