The Institute of Chartered Accountants of India (ICAI) determines the Chartered Accountancy Common Proficiency Test (CA CPT) exam
Medium of Exam | English/ Hindi |
Mode of Exam | Pen and paper based |
Type of Questions | Objective |
Number of Questions | 200 questions |
Total Marks | 200 marks |
Duration of Exam | 2 hours for each session; 4 hours in total |
<4>ICAI CA CPT Exam Schedule
CA CPT Sessions | Section | Number of questions | Maximum marks |
First session
(10:30 am- 12:30 pm) |
Section A
Fundamentals of Accounting |
60 questions | 60 marks |
Section B
Mercantile Law |
40 questions | 40 marks | |
Second session
(2 pm- 4 pm) |
Section C
General Economics |
50 questions | 50 marks |
Section D
Quantitative Aptitude |
50 questions | 50 marks |
The cutoff of CA CPT is the passing criteria which must be fulfilled to qualify for the next level. Check the CA CPT cutoff/ passing criteria given below:
ICAI CA CPT Passing Criteria
Section | Sections CA CPT Cutoff | Overall CA CPT Cutoff |
Fundamentals of Accounting | 30% of 60 marks | 50% |
Mercantile Laws | 30% of 40 marks | |
General Economics | 30% of 50 marks | |
Quantitative Aptitude | 30% of 50 marks |
The syllabus of ICAI CA CPT contains the subject wise topics that will be tested in the offline exam. Before starting their preparation, it is essential to know the CA CPT 2019 syllabus:
Subjects | Topics Covered |
Fundamentals of Accounting | · Introduction to Company Accounts
· Bank Reconciliation Statement · Preparation of Final Accounts for Sole Proprietors · Accounting Process · Depreciation accounting · Theoretical Framework · Accounting for Special Transactions · Partnership Accounts |
Mercantile Laws | · 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 Indian Partnership Act, 1932: General Nature of Partnership – Rights and duties of partners – Registration and dissolution of a firm |
General Economics | · Micro Economics
· Introduction to Micro Economics · Money and Banking · Indian Economy – A Profile · Theory of Production and Cost · Price Determination in Different Markets · Select Aspects of Indian Economy · Economic Reforms in India · Theory of Demand and Supply · Indian Economic Development |
Quantitative Aptitude | · Simple and Compound Interest including annuity – Applications
· Sets, Functions and Relations · Theoretical Distributions · Sampling Theory · Ratio and proportion, Indices, Logarithms · Equations · Basic concepts of Permutations and Combinations · Sequence and Series – Arithmetic and geometric progressions · Measures of Central Tendency and Dispersion · Correlation and Regression · Index Numbers · Inequalities · Limits and Continuity Intuitive Approach · Basic concepts of Differential and Integral Calculus · Statistical description of data |