CA CPT 2019: Important Dates [Official], Application, Eligibility, Syllabus, Exam Pattern CA CPT Notes | EduRev

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CA CPT 2019: Important Dates [Official], Application, Eligibility, Syllabus, Exam Pattern & Prediction, Result & Preparation Tips for CA CPT 2019

The ICAI (Institute of Chartered Accountancy of India) regulates the course of Chartered Accountancy in India. The institute is responsible for maintaining the standard of the course. The first level of the exam at the entry level is CA-CPT (Chartered Accountant - Common Proficiency Test). This exam is conducted twice in a year in June and December by the ICAI.

Students are eligible to get themselves registered with the ICAI for the CA-CPT exam after passing 10th or 12th. The exam is conducted on the national level. It is an undergraduate level exam.

Latest Update - CA CPT

CA CPT exam will NOT be conducted after June 2019 session. CA CPT 2019 June session will be the last session of CPT exam. It has been decided in lieu of the introduction of new CA entry level exam, i.e. CA Foundation 2018, under revised scheme. After June 2019, CA Foundation will become the only one CA entry-level qualification examination. Until this period, both CA CPT and CA Foundation 2018 examinations will be conducted by ICAI.

Events of CA CPT

Important Dates

Notification

Last week of January 2019.

Last date of registration

1st week of April 2019

The application begins

1st week of April 2019

Last date of application

Last week of April 2019

Application correction window I

May 2019

Application correction window II

May/ June 2019

CA CPT Admit card

Last week of May 2019

CA CPT 2019 exam date

June 2019

Result announcement

July 2019

The subjects included in CA CPT exam are:

CA CPT 2019: Important Dates [Official], Application, Eligibility, Syllabus, Exam Pattern CA CPT Notes | EduRev

Fundamentals of Accounting for CA CPT

Includes 144 docs, 39 videos & 85 tests


CA CPT 2019: Important Dates [Official], Application, Eligibility, Syllabus, Exam Pattern CA CPT Notes | EduRev

Mercantile Law for CA CPT

Includes 41 docs, 7 videos & 44 tests


 CA CPT 2019: Important Dates [Official], Application, Eligibility, Syllabus, Exam Pattern CA CPT Notes | EduRev

Economics for CA CPT

Includes 78 docs, 66 videos & 60 tests


 CA CPT 2019: Important Dates [Official], Application, Eligibility, Syllabus, Exam Pattern CA CPT Notes | EduRev

Quantitative Aptitude for CA CPT

Includes 68 docs & 68 tests

General Information - CA CPT

The CA CPT application form 2018 for December session is opened online by The Institute of Chartered Accountants of India (ICAI) from October 4, 2018, onwards. Candidates will be able to fill CA CPT 2018 application forms till October 25, 2018 (without late fee) and till November 1, 2018 (with a late fee of INR 600/-). The process for new users to register for CA CPT 2018 December session exam will close in the first week of November 2018. Candidates will be required to pay the application of INR 1000/- for filling CA CPT application form 2018 for candidates choosing centres in India, INR 1,700/- for candidates choosing CA CPT 2018 exam centre in Nepal and US$ 300/- for candidates choosing an overseas exam centre from Abu Dhabi, Dubai, Muscat or Doha. Candidates must have passed Class 12 and must have registered for Common Proficiency Course with BOS on or before June 30, 2017, to become eligible for CA CPT 2018 December exam.

ICAI will also open two CA CPT application correction windows, one for free of cost and another payable. The first window will be opened in the second week of November 2018, and the second window will be opened in the last week of November 2018, tentatively. The CA CPT application correction window-I will remain open for one week. Candidates will be liable to pay some fee during second correction window of CA CPT application form 2018. During the opening of correction windows, candidates can make corrections in the choice of exam centre, medium of language, etc. in the application form of CA CPT 2018. 

CA CPT Eligibility

Aspirants should fulfill the requisite eligibility criteria for appearing in CA CPT 2019. Check the following information to ascertain the eligibility for the exam:

  • Candidates must have completed 10th and 12th standard education from a recognized board.
  • First, register yourself with ICAI before the last date of application form.
  • Those who have done graduation degree or post graduation degree with commerce subject with minimum 55% marks are exempted from appearing in CA CPT 2019.
  • Candidates who possess graduation degree or masters degree in any discipline (excluding commerce) with at least 60% marks aggregate in all subjects are also exempted from appearing in entry-level exam.

CA CPT Exam Pattern

All the aspirants are recommended to go through CA CPT Examination pattern and scheme. It will definitely help you during the entrance test. Check the following information with regard to CA CPT exam pattern:

  • Exam Mode: It is an offline exam i.e. Paper and Pencil Mode.

  • Medium of the Exam: The medium of the exam will English or Hindi.

  • Type of Questions: The paper will consist of objective type questions.

  • The examination will be held in two shifts in morning and evening.

Sessions

Sections

Marks

Timing

CA CPT First session

A-Fundamental of Accounting

40

10:30 AM-12:30 PM (two hours.

B- Mercantile Laws

60

Second session

C-General Economics

50

2.00 PM -4.00 PM (two hours)

D-Quantitative Aptitude

50

Total

4 Sections

200

4 hours

For your practice, here is the link to all CA CPT Mock tests and Previous year question papers:

CA CPT 2019: Important Dates [Official], Application, Eligibility, Syllabus, Exam Pattern CA CPT Notes | EduRev

CA CPT - Mock Test Series and Previous Year Question Papers

Includes 42 tests

CA CPT Preparation Tips:

The CA CPT aspirants must be well prepared for the exam and should be aware of all the tips and tricks that will help them to achieve the best possible results. The students must be aware of all the current trends and must analyze the CA CPT previous year papers to know everything about what they need to study and all the important details regarding the CA CPT Exam.

How to prepare for CA CPT Fundamentals of accounting?

How to prepare for CA CPT Mercantile law?

How to prepare for CA CPT Economics?

How to prepare for CA CPT Quantitative Aptitude? 

How to fill CA CPT Application Form 2018?

Aspirants of CA CPT December 2018 exam will be able to fill the CA CPT 2018 application form through their dashboards made available after CA CPT exam registration. Only those candidates who registered for CA CPT course on or before June 30, 2017, will be eligible to appear for CA CPT December 2018 exam. Eligible candidates can follow the procedure mentioned below to fill the application form of CA CPT 2018 for December session exam -

CA CPT 2018 Application Form Process

  •  Step 1: The application forms will be made available on the official website when ICAI opens the CA CPT 2018 December application process.
  • Step 2: Go to 'Login/Register' tab, enter your login-id and password created after CA CPT exam registration and click on 'Login'.
  • Step 3: Click on 'Apply now' to apply for CA CPT December 2018 exam and fill the application form including details of examination, exam centre, etc.
  • Step 3: Preview the application form of CA CPT 2018. Click on 'Back to Form' to make corrections (if any). If you are satisfied with the information, click on 'I agree' declaration box and click on 'Final Submit' to submit your CA CPT Application Form 2018. Then, you need to pay the application fee.
  • Step 4: Make the payment of application fee to complete the CA CPT 2018 application filling process. After submitting the application, candidates will be directed to 'Make Payment' step. The application fee of CA CPT 2018 can be submitted only online using Master/Visa Debit Card/ Credit Card. 

CA CPT 2018 Application fee

For exam centers in India only - INR 1,000

For exam centers in Kathmandu (Nepal) - INR 1,700

For exam centers in Abu Dhabi, Doha, Dubai and Muscat - US$ 300


After making the payment of application fee, candidates could download their application in PDF format by clicking 'Download PDF'.

  • Step 5: Preview the filled in CA CPT application form and Click on ‘Submit’.

  • Step 6: Download and take a print-out of duly filled application form of CA CPT 2018 for future reference.

Submission of CA CPT Application Form 2018

If your photograph and signature are appearing on the pdf/printout of the application form of CA CPT 2018 taken in Step 6 (above), then you will not have to take any further step. 

If in case, photograph and signature are NOT appearing on CA Application Form 2018 (taken at step 6), candidates will have to take a print-out of the application form on A4 size sheet and paste their recent passport size photograph on the form and sign in the designated space provided in the application form and send the application to the official address of ICAI given below. Candidates are advised to send the application form of CA CPT 2018 only through Speed Post or Registered Post at least 3-4 days before the last date of submission. The application will have to be sent to below mentioned address -

THE JOINT SECRETARY (EXAMS), EXAMINATION DEPARTMENT

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA

'ICAI BHAWAN', INDRAPRASTHA MARG

NEW DELHI – 110002

CA CPT Application Form 2018 Correction Windows

  • ICAI provides two sessions for application correction- Application correction window- I without fee and Application correction window-II with fee.

  • CA CPT 2018 application form correction window I will be put open in the second week of November 2018 tentatively. Candidates will be able to edit/modify details like test medium and Exam centre in their CA CPT application forms. Second correction window (with fee) will be provided in the last week of November 2018.

  • During second correction window, candidates will be required to remit application correction fee as per the changes made in their forms. For example, in case, candidates change their exam centre from India to Overseas, then they will need to remit an additional fee of INR 1000/-, etc.

How to make corrections in CA CPT 2018 Application Form?

Candidates can go through following stepwise guide to correct any errors that they made in their application forms of CA CPT 2018 -

  • Step 1: To make any changes in the CA CPT Application form, a link will be available when the CA CPT application form correction windows are opened by ICAI.

  • Step 2: Go to 'Login/Register' tab to login to your account and enter your Login ID and Password.

  • Step 3: Verify the information provided in the application form. If there are no errors in the data, click on 'No change required', otherwise click on 'Changes Required'.

  • Step 4: Make changes (if required). Candidates will be permitted to make changes to only the following data:

    1. Medium of Examination- Candidates may change the medium of examination they opted for, i.e. change it from Hindi to English or vice-versa.

    2. Centre of Examination- Candidates will be allowed to change the city they opted for appearing in CA CPT 2018 exam. However, they will not be permitted to change their centre from one zone to another, within the same city.

    3. Change of Group- Candidates will also be able to change their group preference from single group to both first and second groups or from both groups to a single group.

  • Step 5: Make payment of correction fee (Only applicable in case of CA CPT application correction window-II). There is no requirement of payment of any correction fee in first application correction window, whereas during second correction window candidates will be required to make payment of the requisite correct fee, in case they make any changes in their CA CPT 2018 application forms.

CA CPT Admit Card 2018

Candidates who register and apply for CA CPT December 2018 examination will be issued the admit card of CA CPT 2018 online. The admit card of CA CPT 2018 is most probably released in the first week of December 2018. Candidates will be able to obtain their CA CPT admit card 2018 by logging in their accounts through their registered id and password, through the link given above. CA CPT 2018 admit card will mention details about the candidate including name, roll number, photograph and signature, exam centre, etc. It will also contain other exam related important instructions. Candidates will be required to take a printout of CA CPT admit card 2018 and carry it with them to their allotted exam centre.

What is Chartered Accountancy

Chartered Accountancy is a term used to mean a profession as well as the course (field of study).

Chartered Accountancy as a Profession

The main or the core areas in which Charted Accountants work are: Accounting, Auditing (verification of accounts), Taxation. They are also capable of expert level services in the areas of General Management, Personnel Management, Financial Management, Operations Management, Human Resources Management.

Chartered Accountancy as a course

Chartered accountants pursue the chartered accountancy course just like lawyers opt for various law courses available and medical professionals like doctors pursue courses in medicine.

The Chartered Accountancy course is designed and conducted by the body that regulates the profession. The course generally consists of a mix of theoretical study and practical training.

Who is a Chartered Accountant

A Chartered Accountant (CA) is a professional accountant by virtue of his/her being a member of the professional body of accountants conducting the chartered accountancy course.

Chartered Accountants carry on professional practice as Chartered Accountants either individually or as a firm (in partnership with other chartered accountants). They may also be found working as employees/consultant in organizations. Some carry on professional practice and work as employees/consultants in organizations part-time.

Prospects and Scope for Chartered Accountant

Employment

Chartered Accountants, on account of their having completed the chartered accountancy course are considered to be candidates with knowledge, ability and intelligence. For this reason, they are preferred for a lot of accounting and managerial jobs.

A few jobs available for Charted Accountants are Financial Manager, Finance Director, Financial Controller, Chief Accountant, Cost Controller, Marketing Manager, Chief Internal Auditor, Managing Director etc.

With the growing trend of back-office operations, many multinational organizations having their back offices in India employ professional accountants.

Private Practice

A qualified professional can set up his/her own private practice as a practicing chartered accountant. One can play the role of a consultant for any organization relating to the functions of accounting, taxation, auditing, cost management etc as well.

All companies registered under the companies act have to appoint a practicing chartered accountant as their statutory auditor who would verify their accounts and certify them before being submitted to the registrar.

Statutory Opportunities

The following functions can only be performed by chartered accountants by law:.

  1. Under Sec 44 of the Income -Tax law every assessee with gross receipts of Rs. 10 lakhs in the case of professionals and Rs. 40 Lakhs in the case of business concerns is compulsorily required to maintain accounts and get them audited by a Chartered Accountant (CA).

  2. The Tax department employs the services of Chartered Accountants (CA) for auditing complicated cases, having large revenue potential.

  3. The Reserve Bank of India employs Chartered Accountants (CA) for conducting Statutory Audit of Banks every year. Also,  Comptroller and auditor general of India take their services for the same purpose.

Special Government Services

Chartered Accountancy is recognized as an equivalent of the postgraduate qualification in commerce by a number of universities and government bodies. Therefore, Chartered Accountants would be eligible for all the government services where a postgraduate qualification in commerce is necessary.

Other Functions of Chartered Accountant

Accounting [Bookkeeping]

This includes writing up of accounts and the preparation of financial statements ranging from simple Bookkeeping to making complex financial analysis.

Audit [review, check, inspection, examination, appraisal etc.]

Auditing refers to ensuring that the statements which represent the accounts of organizations present a true and fair view of the state of affairs and are based on appropriate accounting principles.

Taxation

Everyone needs the services of a professional accountant for receiving and understanding general advice on taxes as the tax laws are varied and complicated for a layman to understand. Tax assessment is very closely linked with financial accounts. Therefore a professional accountant performs the functions of preparing returns for tax purposes, representing assessee's before Income-Tax authorities.

Cost Accounting

Ascertaining the cost of production/processes at different levels of operations in the manufacture of a product or rendering a service. Providing costing information for the guidance of management, introducing cost control methods and assisting managements in establishing appropriate sale prices.

Shareholders representative - Company Directors

Working as a representative of the shareholders i.e. in the position of a director in the "Board of Directors" of the company. The professionals who hold senior positions in industry and commerce are best suited to this task. On account of their professional knowledge in one of the core functions i.e. accounting, they are capable of giving appropriate advices.

Special Company Work

Matters such as the formation of companies (registration work), designing the financial structure, liquidation etc the services of a professional accountant would be needed.

Secretarial Work

A secretary in addition to his regular secretarial work is an important link in the management chain. Small companies which may not need or are unable to afford the services of a full-time secretary take the help of professional accountants for these. The growth of the company as a form of business organization creates a large scope in this area.

Almost every kind of organization whose affairs are controlled by boards, councils and other corporate structures be it a co-operative, trust, society, association, federation, statutory authority, commission, board or the like finds it useful to utilize the services of the professional accountant for secretarial work.

Trustees - Executors

Professional accountants often are appointed as executors under a will or trust in order to carry on the administration of the estate or settlements. In such cases, they work in tandem with legal practitioners. Solicitors or lawyers carrying out works of this kind usually take the help of professional accountants.

Investigation - Share Valuation Work

Investigation is carried out to ascertain the financial position of business in connection with matters such as a new issue of share capital, the purchase or sale or financing of a business, reconstruction and amalgamations. Valuation of shares of public and private companies at the time of amalgamation or re-organization and for the purpose of takeover bids and other acquisitions is being done by professional accountants.

Teaching/Training

Post-graduate qualifications in commerce by many universities is recognized at par with this which enable Charted Accountants to take up a post as a lecturer in respective subjects where post graduation qualification is needed to be so appointed in the post.

Management Accounting and consultancy

Professional accountants perform functions relating to management which have a direct accounting implication like formulation of policies, day to day control, performance evaluation, etc. They can assist business organizations in making the best use of the available resources in achieving their goals effectively.

Emerging areas

Other miscellaneous services and emerging new areas of work like (a) Work related to e - commerce in assessing the adequacy of the system (b) Risk management (c) Services as an arbitrator for the settling of disputes (d) Work connected with insolvency (e) measuring intellectual capital (f) Measurement of performance and system quality (g) Continuous assurance etc.

Financial Market Services

A Professional accountant is well equipped with knowledge to provide expert level services with regard to Public Issue, Listing and Securities Management, Takeover Code, Insider Trading, Mergers, Acquisitions, and Joint Ventures Securities Compliance and Certification Services, Finance and Accounting Services, Taxation Services, International Trade and WTD Services.

CA CPT Exam Centres 2018

ICAI will conduct CA CPT 2018 in as many as 201 exam centres across 196 test cities in India and five abroad. Candidates can select the exam centre of their choice for appearing in CA CPT 2018, while filling their CA CPT applications. Candidates will also be able to change their choice of exam centre for CA CPT 2018 December examination when the application correction window becomes available. The list of exam centres for CA CPT has been released by ICAI along with the official notification. Scroll down to check major test cities of CA CPT 2018-

CA CPT Syllabus

Sections of CA CPT

Syllabus

Fundamentals of Accounting

  • Introduction to Company Accounts

  • Accounting Process

  • Partnership Accounts

  • Bank Reconciliation Statement

  • Depreciation accounting

  • Preparation of Final Accounts for Sole Proprietors

  • Theoretical Framework

  • Accounting for Special Transactions

Mercantile Laws

  • The Indian Contract Act, 1872: Summary of Sections 1 to 75 covering the general nature of the contract, consideration, other essential elements of a valid contract, performance of the contract and breach of contract.

  • The Indian Partnership Act, 1932: General Nature of Partnership – Rights, and duties of partners – Registration and dissolution of a firm

  • 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

General Economics

  • Micro Economics

  • Introduction to Micro Economics

  • Indian Economy – A Profile

  • Indian Economic Development

  • Theory of Demand and Supply

  • Theory of Production and Cost

  • Economic Reforms in India

  • Price Determination in Different Markets

  • Select Aspects of Indian Economy

  • Money and Banking

Quantitative Aptitude

  • Ratio and proportion, Indices, Logarithms

  • Equations

  • Basic concepts of Permutations and Combinations

  • Sequence and Series – Arithmetic and geometric progressions

  • Inequalities

  • Simple and Compound Interest including annuity – Applications

  • Correlation and Regression

  • Theoretical Distributions

  • Sets, Functions, and Relations

  • Limits and Continuity ─ Intuitive Approach

  • Basic concepts of Differential and Integral Calculus

  • Statistical description of data

  • Measures of Central Tendency and Dispersion

  • Sampling Theory

  • Index Numbers

CA CPT 2018 Test Cities 

S.No.

Exam City

S.No.

Exam City

1

Ahmedabad

99

Durgapur

2

Ahmednagar

100

Guwahati

3

Akola

101

Kolkata

4

Amravati

102

Rourkela

5

Anand

103

Sambalpur

6

Aurangabad

104

Siliguri

7

Badlapur

105

Tinsukia

8

Bharuch

106

Agra

9

Bhavnagar

107

Ajmer

10

Bhiwandi

108

Aligarh

11

Bhuj

109

Allahabad

12

Chandrapur

110

Alwar

13

Dhule

111

Banswara

14

Gandhidham

112

Bareilly

15

Gandhinagar

113

Beawar

16

Gondia

114

Bhagalpur

17

Ichalkaranji

115

Bharatpur

18

Jalgaon

116

Bhilwara

19

Jalna

117

Bhopal

20

Jamnagar

118

Bikaner

21

Junagadh

119

Bilaspur

22

Kolhapur

120

Bundi

23

Latur

121

Burhanpur

24

Mapusa (goa)

122

Chhindwara

25

Margao (goa)

123

Chittorgarh

26

Mumbai

124

Churu

27

Nagpur

125

Dehradun

28

Nanded

126

Dhanbad

29

Nashik

127

Durg

30

Navi mumbai

128

Firozabad

31

Navasari

129

Ghaziabad

32

Palghar

130

Gorakhpur

33

Panvel

131

Gwalior

34

Parbhani

132

Haldwani

35

Pimpri-chinchwad

133

Hardwar

36

Pune

134

Indore

37

Rajkot

135

Jabalpur

38

Ratnagiri

136

Jaipur

39

Sangli

137

Jamshedpur

40

Satara

138

Jhansi

41

Solapur

139

Jhunjhunu

42

Surat

140

Jodhpur

43

Surendranagar

141

Kanpur

44

Thane

142

Kishangarh

45

Vadodara

143

Kota

46

Vapi

144

Lucknow

47

Vasai

145

Mandsaur

48

Yavatmal

146

Mathura

49

Alappuzha

147

Meerut

50

Anantapur

148

Moradabad

51

Belgaum

149

Muzaffarnagar

52

Bellary

150

Muzaffarpur

53

Bengaluru

151

Neemuch

54

Chennai

152

Noida

55

Coimbatore

153

Pali-marwar

56

Eluru

154

Patna

57

Ernakulam

155

Raipur

58

Erode

156

Ranchi

59

Guntur

157

Ratlam

60

Hubli

158

Rewa

61

Hyderabad

159

Saharanpur

62

Kakinada

160

Satna

63

Kannur

161

Sikar

64

Karim nagar

162

Sirohi

65

Kollam (quilon)

163

Sri ganganagar

66

Kottayam

164

Udaipur

67

Kozhikode

165

Ujjain

68

Kumbakonam

166

Varanasi

69

Kurnool

167

Ambala

70

Madurai

168

Amritsar

71

Malappuram

169

Bathinda

72

Mangalore

170

Bhiwani

73

Mysore

171

Chandigarh

74

Nellore

172

Delhi / new delhi

75

Nizamabad

173

Faridabad

76

Ongole

174

Fatehabad

77

Palakkad

175

Gurgaon

78

Pondicherry

176

Hisar

79

Rajamahendravaram

177

Jalandhar

80

Salem

178

Jammu

81

Shimoga

179

Kaithal

82

Sivakasi

180

Karnal

83

Thiruvananthapuram

181

Ludhiana

84

Thrissur

182

Panipat

85

Tiruchirapalli

183

Patiala

86

Tirunelveli

184

Rewari

87

Tirupati

185

Rohtak

88

Tirupur

186

Sangrur

89

Tuticorin

187

Shimla

90

Udupi

188

Sirsa

91

Vellore

189

Sonepat

92

Vijayawada

190

Srinagar (j&k)

93

Visakhapatnam

191

Yamunanagar

94

Warangal

192

Abu Dhabi (U.A.E.)*

95

Asansol

193

Doha*

96

Berhampore

194

Dubai*

97

Bhubaneswar

195

Kathmandu (Nepal)*

98

Cuttack

196

Muscat*

Comprehensive Courses for All Different Streams of CA CPT:

CA CPT 2019: Important Dates [Official], Application, Eligibility, Syllabus, Exam Pattern CA CPT Notes | EduRev

CA CPT - Mock Test Series and Previous Year Question Papers

Includes  42 tests 


CA CPT 2019: Important Dates [Official], Application, Eligibility, Syllabus, Exam Pattern CA CPT Notes | EduRev

Quantitative Aptitude for CA CPT

Includes  68 docs & 68 tests 


CA CPT 2019: Important Dates [Official], Application, Eligibility, Syllabus, Exam Pattern CA CPT Notes | EduRev

Fundamentals of Accounting for CA CPT

Includes  144 docs, 39 videos & 85 tests


CA CPT 2019: Important Dates [Official], Application, Eligibility, Syllabus, Exam Pattern CA CPT Notes | EduRev

Economics for CA CPT

Includes  78 docs, 66 videos & 60 tests


CA CPT 2019: Important Dates [Official], Application, Eligibility, Syllabus, Exam Pattern CA CPT Notes | EduRev

Mercantile Law for CA CPT

Includes  41 docs, 7 videos & 44 tests 

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