CA Common Proficiency Test
Subjects: 4   |   Test Templates:  61   |   Intuitive Tests:  Unlimited   |   Test Attempted:  1543

The Common Proficiency Course (CPC) is one of the steps towards becoming a Chartered Accountant, as certified by the Institute of Chartered Accountants of India.   The CPC can be attempted by any person who has cleared the class 10th examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto.

After completion of specified period (60 days) from the date of registration for CPC with the Board of Studies and first day of the month in which the examination is to be held, viz., students registered on or before 1st April/1st October will be eligible to appear in June/December examination, as the case may be.

The test is conducted by ICAI, both in online, as well as offline mode.  The CPT includes Multiple Choice Questions (MCQs) with negative marking of 25%.   Students are tested on four subjects, namely, Accounting, Mercantile Law, General Economics and Quantitative Aptitude.   A detailed subjectwise syllabus is enclosed below.

Syllabus
Quantitative Aptitude 19 12
  • Correlatation & Regression
  • Differentiation
  • Equations & Inequalities
  • Index Numbers
  • Integral Calculus
  • Limits & Continuity
  • Logarithms
  • Measures of Central Tendencies
  • Permutation and Combination
  • Probability
  • Ratio & Proportion
  • Sampling Theory
  • Sequence and Series
  • Set Theory & Functions
  • Simple & Compound Interest
  • Statistical Description of Data
  • Theoretical Distributions
Fundamentals of Accounting 25 12
  • Accounting Standards
  • Bank Reconciliation Statement
  • Bills of Exchange
  • Books of Accounts
  • Capital & Revenue Expenditure
  • Depreciation Accounting
  • Inventories
  • Joint Venture Accounts
  • Partnership: Admission of New Partner
  • Partnership: Retirement and Death of a Partner
  • Theoretical Framework
  • Treatment of Goodwill
  • Trial Balance
Mercantile Law 26 12
  • Breach of Contract
  • Conditions & Warranties
  • Contingent & Quasi Contracts
  • Essentials of a Valid Contract
  • Nature of Contracts
  • Nature of Partnership
  • Performance of a Contract
  • Registration and Dissolution of a Firm
  • Relations of Partners
  • Transfer of Ownership
  • Unpaid Seller
General Economics 27 12
  • BoP & External Debt
  • Budget & Fiscal Deficit
  • Commercial Banks
  • Demand Theory
  • Economic Reforms in India
  • Indian Economic Sectors
  • Indian Tax System
  • Inflation
  • Infrastructural Challenges
  • Liberalization, Privatization & Globalization
  • Microeconomics
  • Money & Credit
  • National Income
  • Nature of Indian Economy
  • Population
  • Poverty
  • Price Determination
  • Reserve Bank of India
  • Supply Theory
  • Theory of Consumer Behaviour
  • Theory of Cost
  • Theory of Production
  • Unemployment