# CA CPT Syllabus

CA CPT »**CA CPT Syllabus**

**Level of Knowledge :** Basic knowledge

**Session – I**

**Section A : Fundamentals of Accounting ( 60 Marks )**

**Objective : **To develop conceptual understanding of the fundamentals of financial accounting system.

**Contents**

**1. 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

**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**

**4. Inventories**

- Basis of inventory valuation and record keeping.

**5. Depreciation accounting**

- Methods, computation and accounting treatment of depreciation, Change in depreciationmethods.

**6. Preparation of Final Accounts for Sole Proprietors**

**7. Accounting for Special Transactions**

- Consignments
- Joint Ventures
- Bills of exchange and promissory notes
- 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**

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

**Section B: Mercantile Laws ( 40 Marks )**

**Objective : **To test the general comprehension of elements of mercantile law.

**Contents**

**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.**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.**The India Partnership Act, 1932 :**General Nature of Partnership – Rights and duties of partners – Registration and dissolution of a firm.

**Session – II**

**Section C : General Economics ( 50 Marks )**

**Objective : **To ensure basic understanding of economic systems, economic behaviour of individuals and organizations.

**Contents**

**(I) Micro Economics**

**1. Introduction to Micro Economics**

- Definition, scope and nature of Economics
- Methods of economic study
- Central problems of an economy and Production possibilities curve

**2. Theory of Demand and Supply**

- Meaning and determinants of demand, Law of demand and Elasticity of demand ─ Price, income and cross elasticity
- Theory of consumer ’s behaviour – Marshallian approach and Indifference curve approach
- Meaning and determinants of supply, Law of supply and Elasticity of supply

**3. Theory of Production and Cost**

- Meaning and Factors of production
- Laws of Production – The Law of variable proportions and Laws of returns to scale
- Concepts of Costs – Short – run and long – run costs, Average and marginal costs, Total, fixed and variable costs.

**4. Price Determination in Different Markets**

- Various forms of markets – Perfect Competition, Monopoly, Monopolistic Competition and Oligopoly
- Price determination in these markets.

**(II) Indian Economic Development**

**5. Indian Economy – A Profile**

- Nature of the Indian Economy
- Role of different sectors – Agriculture, Industry and Services in the development of the Indian economy, their problems and growth
- 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
- Basic understanding of tax system of India – Direct and Indirect Taxation

**6. Select Aspects of Indian Economy**

- Population – Its size, rate of growth and its implication for growth
- Poverty – Absolute and relative poverty and main programs for poverty alleviation
- Unemployment – Types, causes and incidence of unemployment
- Infrastructure – Energy, Transportation, Communication, Health and Education
- Inflation
- Budget and Fiscal deficits
- Balance of payments
- External debts

**7. Economic Reforms in India**

- Features of economic reforms since 1991
- Liberalisation, Privatisation and Disinvestment
- Globalisation.

**8. Money and Banking **

- Money – Meaning and functions
- Commercial Banks – Role and functions
- Reserve Bank of India – Role and functions, Monetary policy

**Section D: Quantitative Aptitude ( 50 Marks )**

**Objective : **To test the grasp of elementary concepts in Mathematics and Statistics and application of the same as useful quantitative tools.

**Contents**

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

**2. 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.

**3. Inequalities**

- 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**

- Textual, Tabular & Diagrammatic representation of data.
- Frequency Distribution.
- 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 survey , Some important terms associated with sampling, Types of sampling, Theory of estimation, Determination of sample size.

**16. Index Numbers**

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