Eligibility For CA CPT

What is the eligibility criteria to apply for CA CPT exam and please also get some information about the exam?

[Pathak]

I will tell you the eligibility criteria to apply for the CA CPT exam and will also tell you about the exam so that you can have idea.

Here is the eligibility criteria
A student who has passed the Class 10 examination conducted by an examining body constituted by law in India (or an examination recognized by the Central Government as equivalent thereto) may register for Common Proficiency Test.

A registered student may appear in Common Proficiency Test after he has appeared in the Senior Secondary Examination* (10+2 examination) conducted by an examining body constituted by law in India (or an examination recognized by the Central Government as equivalent thereto) and has complied with such requirements as may be specified by the Council from time to time.

Syllabus
Candidates appearing for CA CPT exam should possess basic knowledge of subjects like fundamental accounting, mercantile law, quantitative aptitude and general economics. Syllabus for all the mentioned subjects is as given below:-

Fundamental Accounting: - Introduction to Company Accounts, Partnerships Accounts Theoretical Framework, Depreciation Accounting, Bank Reconciliation Statement etc.

Mercantile Law:- Different types of acts like goods act 1930, Indian contract act 1872 and Partnership act 1932.

Quantitative Aptitude: - basic concepts of differential and integral calculus, sets, functions and relations, simple and compound interest, ratio and proportion, logarithms and Indices.

General Economics: - Economy reforms in India, theories on production and cost, demand & supply and micro economics.

Exam pattern
The test comprises of four subjects viz., Accounting, Mercantile Laws, General Economics and Quantitative Aptitude with an objective to test basic knowledge in these subject areas.

This test is for 200 marks and is divided into two sessions of two hours each with a break in between. CPT is an objective type test with negative marking. Subjects are to be studied in CPT 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)