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CPT Exam Syllabus 2023: The CPT, also known as the Common Proficiency Test, is one of the most sought-after entrance exams for students with a commerce background. Although students from other streams also appear for this exam. CPT is conducted by the Institute of Chartered Accountants of India (ICAI) for admission to Chartered Accountant courses. The difficulty level of the exam is so hyped, and people consider it to be really tough to crack. However, CPT is an entry-level exam that tests the foundational knowledge of the students, so if your concepts are clear and you have practised with diligence and proper strategy, you are good to go. Before you start your CPT preparations, you must know what the syllabus is. Here, in this blog, you can find the detailed CPT Exam Syllabus along with a few other things.
| Subjects | Topics | Objective |
| Fundamentals of Accounting | Consists of 9 major topics for classes XI and XII | The goal is to develop a strong foundational understanding of financial accounting principles. |
| Mercantile Laws | Include 3 major topics of class XI and XII | Examining the general knowledge regarding the fundamentals of commercial or mercantile law |
| General Economics | Comprises 8 major topics of classes XI and XII | Consists of 9 major topics of classes XI and XII |
| Quantitative Aptitude | Consist of 16 major topics of classes XI and XII | to assess the candidate’s ability to understand and use fundamental mathematical and statistical concepts and methods |
Table of Contents
CPT Exam Syllabus PDF and Subject-wise Details
Now that you know the subjects and understand the objectives of each subject, let’s look at the subject-wise syllabus. Please know that we have mentioned the major topics only; there are subtopics as well, which you can get on the website of ICAI.
Fundamentals of Accounting
| Theoretical Framework | Introduction to Company Accounts | Depreciation Accounting |
| Bank Reconciliation Statement | Accounting Process | Preparation of Final Accounts for Sole Proprietors |
| Accounting for Special Transactions | Partnership Accounts |
Mercantile Laws
| The Indian Partnership Act, 1932 and its General Nature of Partnership, Registration and dissolution of a firm under it and the Rights and duties of partners | The Indian Contract Act from sections 1 to 75, General overview and considerations, Essentials of a valid contract etc. | The Indian Partnership Act, 1932 and its General Nature of Partnership, Registration and dissolution of a firm under it and Rights and duties of partners |
General Economics
| Micro Economics | Indian Economic Development | Money and Banking |
| Theory of Production and Cost | Introduction to Microeconomics | Economic Reforms in India |
| Price Determination in Different Markets | Theory of Demand and Supply | Overview of the Indian Economy and its Select Aspects |
Quantitative Aptitude
| Limits and Continuity | Inequalities | Permutations and Combinations |
| Simple and Compound Interest | Sampling Theory | Ratio and proportion |
| Indices | Measures of Central Tendency and Dispersion | Statistics and data |
| Basics of Differential and Integral Calculus | Sequence and Series: Arithmetic and geometric progressions | Sets, Functions and Relations |
| Equations | Theoretical Distributions | Logarithms |
We have provided the tabulated structure of the CPT Exam Syllabus 2023. However, if you wish to download the PDF for the complete syllabus of the CPT exam, click on the link below.
CPT Exam Pattern 2023
Your performance in the said exam depends heavily on your familiarity with the CPT exam pattern 2023. It plays a major role in building the foundation of your preparation. The general outline of the CPT examination is provided here.
| Total sections | 4 (Fundamentals of Accounting, Mercantile Laws, General Economics, and Quantitative Aptitude) |
| Total marks | 200 |
| Duration of the exam | 4 hours (2 hours for each session) |
| Language | English and Hindi |
| Mode of examination | Offline |
| Negative marking | Yes |
| Weightage per section | Fundamentals Of Accounting – 60 marks |
| Mercantile Laws – 40 marks | |
| Quantitative Aptitude – 50 marks |
Also Read: How to Become a Chartered Accountant?
CPT Exam Syllabus Books: Buying Links and Prices
You may be wondering, “Which book is best for CPT?” now that the syllabus is laid out for you. There is a plethora of study materials out there, but we’ve compiled a list of the top books for CPT 2023 to make your preparations a breeze. Check out the table below to know the CPT Exam Syllabus Books, their buying links and prices.
| Topic | Book Reference (Link) | Book Price (Paperback) |
| Introduction to Financial Accounting | Link to buy | INR 869/- |
| Basic Accounting Simplified | Link to buy | INR 563/- |
| Fundamentals of Cost Accounting by Pearson | Link to buy | INR 421/- |
| Mercantile Laws | Link to buy | INR 594/- |
| Mercantile Laws for CPT by Dr. P. C. Tulsian & Bharat Tulsian | Link to buy | INR 644/- |
| Elements of Mercantile Law by N.D Kapoor | Link to buy | INR 1,195/- |
| Principles of Mercantile Law by Dr. R.K Bangia | Link to buy | INR 730/- |
| General Economics | Link to buy | INR 311.50/- |
| General Economics For CA-CPT by Dr. Deepashree | Link to buy | INR 1,552.40/- |
| Basics of General Economics | Link to buy | INR 2,148/- |
| Quantitative Aptitude | Link to buy | INR 850/- |
| Fast Track Objective Arithmetic | Link to buy | INR 358/- |
CPT Exam Preparation Tips
Preparing for the CPT is an important step toward becoming a chartered accountant, which demands hard work. However, working hard is not enough; you must get the optimum result from your hard work. So, to assist you, here are some tips for your CPT 2023 preparation:
- Familiarise yourself with the exam pattern, syllabus, and marking scheme of the CPT 2023.
- Develop a study plan that covers all the topics in the syllabus.
- CPT tests your understanding of fundamental accounting principles, economics, and quantitative aptitude. Focus on building a strong foundation in these subjects.
- Solve previous years’ question papers and take online mock tests to simulate the actual exam environment.
- Reach out to your teachers, classmates, or online forums to get your doubts resolved.
- Work on improving your speed and accuracy by solving questions within the stipulated time. Use techniques like time blocking and setting timers during practice sessions to develop a sense of time.
- Allocate dedicated time for revision in your study plan. Review your notes, important formulas, and concepts frequently.
- Take regular breaks during study sessions to relax and rejuvenate.
For complete information on this exam, visit the official website by clicking HERE.
FAQs
Since they cover the majority of the topics, the NCERT books give you the best foundation for the competitive exams, but it is always advisable to prepare from the reference books as well.
Since the exam’s syllabus is from classes XI and XII, the notion that it will be difficult is untrue. If one prepares diligently, it’s not hard to crack.
The exam is conducted in two sessions. Each session takes two hours, for a total of four hours.
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