ICAI Chartered Accountant Common Proficiency Test (CA CPT)

The ICAI Chartered Accountant Common Proficiency Test (CA CPT) is conducted by the Institute of Chartered Accountants for candidates who are desirous of seeking admission to the Chartered Accountancy course. To clear this examination, the candidates must score at least 50% marks.

 

Important Dates and Parameters:
Exam Date The Common Proficiency Test through the paper pencil mode is conducted two times a year, in the months of June and December. The online examinations are held four times a year, in the months of August, September, October and December.
Registrations Open The registration for the exam usually starts in the beginning of the month of October.
Registrations Close The registrations close by the end of the month of October.
Fees The candidates have to pay a fee of INR 6000 to appear for the CA CPT.
Eligibility Criteria: Age and Education To be considered eligible to apply for the ICAI Chartered Accountant Common Proficiency Test, the candidates have to pass their higher secondary (10+2) examinations in any stream from a recognized board of education. The candidates also have to be registered with the registered with the Institute of Chartered Accountants of India.
Admit Card Availability The admit cards can be downloaded from the official website of the institute.
Availability of Brochure and Forms The information brochures and the forms can be procured from the various branches of the Institute Of Chartered Accountants Of India. Candidates can also get the forms through post or by directly downloading it from the institute’s official website. The application forms cost INR 600 each. The test can be taken through the online as well as the offline mode.
Application Mode: Cash, Demand Draft, Credit Card, net Banking Candidates applying through the online mode can pay their fees with the help of the net banking method. The offline registrations, the fees have to be paid during the submission of the filled-in forms.
Examination Centers Agra, Pune, Amravati, Ranchi, Aligarh, Jamshedpur, Pondicherry, Ratlam, Jodhpur, Rajkot, Delhi, Kolkata, Mumbai, Chennai, Vapi, Dehradun, Shimla, Bhatinda, Rohtak, Thane, Cuttack, Bhilwara, Mathura, Durg, Udupi, Erode, Bangalore, Sangli, Surat, Siliguri,Bhagalpur, Faridabad, Palghat, Coimbatore, Dhanbad, Bhopal, Kota, Meerut, Nagpur, Ujjain, Sonpat, Vijaywada, Panipat, Tirupati, Latur, Tuticorin, Bikaner, Nashik, Moradabad, Mangalore, Kozhikode, Solapur, Berhampore, Madurai, Tirupur, Bhubaneshwar, Mysore, Tiruchirapalli, Lucknow, Bhuj, Ludhiana, Kottayam, Bellary, Tinsukia, Bilaspur, Sriganganagar, Bhavnagar, Chandigarh, Goa, Palghat, Vellore, Vishakhapatnam, Gandhidham, Noida, Ghaziabad, Muzaffarnagar, Dundlod, Vapi, Kanpur, Rajkot, Allahabad, Ahmedabad, Indore, Pune, Patiala, Ambala, Ajmer, Hyderabad, Gwalior, Raipur, Panvel, Ahmednagar, Jabalpur, Amritsar, Jamnagar, Rourkela, Anand, Karnal, Sikar, Satara, Solapur, Bareilly, Jalgaon, Bharauch, Rewari, and Jaipur.

Recommended Books:

The recommended books for the CA CPT have been listed below:

  • C.A. Foundation Course Mathematics, by P.N Arora and S. Arora
  • Modern Micro-Economics, by H.L. Ahuja
  • Fundamentals of Accounting, by Dr. N. K. Agarwal & Dr. R.K. Sharma
  • Indian Economy, by A. N Agarwal
  • Elements of Mercantile Law, by N.D. Kapoor
  • Costing Accounting for C.A., by Dr. N. K. Agarwal
  • Advanced Accounts, by M.C. Shukla, T.S. Grewal & S.C. Gupta
  • Indian Economy, by Datt & Sundharam
  • Practical Business Mathematics & Statistics, by Suranjan Saha
  • Statistical Methods, by S. P. Gupta
  • Income Tax for Students, by Sharad Bhargava
  • Direct Taxes Law & Practice, V.K. Singhania

Syllabus:

The candidates will have to appear for the ICAI Chartered Accountant Common Proficiency Test in two sections, each carrying 100 marks and of two hours duration. The syllabus for the exam has been tabulated below:

 

Serial Number Subject
1 Quantitative Aptitude: diagrammatic representation of data, frequency polygons, differential calculus, integral calculus, inequalities, simple interest, compound interest, logarithms, regression, correlation, equations, ratio and proportion, sets, continuity and limits, indices, series, sequence, sampling theory, dispersion, permutations and combinations.
2 Fundamentals of Accounting: accounting policies, accounting concepts, accounting standards, scope of accounting, accounting estimates, depreciation accounting, special transactions, bank reconciliation statement, shares and debentures, preparing final accounts, inventories, partnership accounts, and accounting as a discipline of measurement.
3 Mercantile Law: The Indian Contract Act of 1872, the India Partnership Act of 1932 and the Sale of Goods Act of 1930.
4 General Economics: basic concepts of micro economics, markets and its various forms, determination of price in these markets, unemployment, population, Indian economy and its nature, fiscal deficits, budget, India’s national income, commercial banks, external debts, economic reforms, role and functions of the Reserve Bank of India, globalization, infrastructure, factors of production, demand and supply, consumer behavior, laws of production and production possibilities curve.

Entrance Exams 2012

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