CA Foundation New Syllabus May 2018 – Changes in CA CPT

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Get CA CPT New Syllabus for June 2017. Also Get ICAI CA Foundation New Syllabus Changes & CA CPT Old Scheme Vs New Scheme details. we had given the info about CA Inter New Syllabus – changes in CA IPCC. This is the article about CA Foundation New Syllabus | Changes in CA CPT Course. Recently The Institute of Chartered Accountants of India already announced that they will make some changes in CA course from 2018.  ICAI has renamed the entrance test CA CPT (common proficiency test) to CA Foundation course.

ICAI’s CA Foundation exam will be conducted twice a year in the months of May and November. New syllabus will be applicable from May 2018. ICAI will give some fixed number of attempts to complete CA CPT in old syllabus for old registration students. There are 4 papers in CA Foundation course from May 2018. ICAI introduced general English and Business and Commercial Knowledge subjects in CPT new syllabus.

 

CA Foundation New syllabus – ICAI CA Course New Scheme

CA Foundation New Syllabus from 2017Today ICAI has given a notification about CA new syllabus 2018 & CA Foundation Syllabus of New Scheme. In the given notification, ICAI has given details about CA New Course | Foundation Route, CA New Course | Direct Entry Route, Changes in CPT, IPCC and CA Final syllabus from 2018 and other training programmes. Here we are providing CA CPT Old Scheme vs CA Foundation New Syllabus Changes by Subject wise Chapters & Topics in detailed list format. Get Subject-wise applicable New Changes & Syllabus for CA Foundation New Scheme. See CA Foundation Subject wise Syllabus Analysis at below.

The New CA Foundation New Scheme Syllabus is applicable from May/June 2018.

Syllabus Changes in CA CPT IPCC & Final

Subjects in New CA CPT/Foundation Course

Paper I: Principles and Practices of Accounting (100 Marks)

Paper 2: Mercantile Law & General English (100 Marks)

  • Part I: Mercantile Law (60 Marks)
  • Part II: General English (40 Marks)

Paper 3*: Business Mathematics and Logical Reasoning & Statistics (100 Marks)

  • Part I: Business Mathematics and Logical Reasoning (60 Marks)
  • Part II: Statistics (40 Marks)

Paper 4*: Business Economics & Business and Commercial Knowledge (100 Marks)

  • Part I: Business Economics (60 Marks)
  • Part II: Business and Commercial Knowledge (40 Marks)

*Paper 3 and Paper 4 will be Objective type papers

Note :
1. Passing percentage:Aggregate- 50% and Subject-wise- 40% at one sitting.
2. Objective type question of 1 or more marks.
3. Examination: In the month of November and May after passing Class XII
Now, check below CA Foundation course syllabus applicable from June 2017.CA New Scheme Syllabus and Subjects

CA CPT Old Scheme Vs CA Foundation New Scheme Syllabus

Old Scheme New Scheme
CA CPT CA Foundation
200 Marks 400 Marks
Fundamental of Accounting(60 Marks)Objective Principles and Practices of Accounting(100 Marks)Subjective
Mercantile Law (40 Marks)Objective Mercantile Law (60 Marks = ICA + SOGA + PA = 45 Marks + LLP + Companies Act = 15 Marks) and General English (40 Marks)Subjective
General Economics (50 Marks)Objective Business Economics (60 Marks) and Business and Commercial Knowledge (40 Marks)Objective
Quantitative Aptitude (50 Marks)Objective Business Mathematics (40 Marks), Logical Reasoning (20 Marks) and Business Statistics (40 Marks)Objective

CA Foundation Subjects in CA Course New Scheme

Paper 1 : Principles and Practices of Accounting

Following few topics have been added

  1. Average due date and account current.
  2. Departmental Accounts.

Paper 2 (Part I) : Mercantile Laws

Following few topics have been added (15 Marks)

  1. The Limited Liability Partnership Act, 2008: Introduction- covering nature and scope, Essential features, characteristics of LLP, Incorporation and differences with other forms of organizations.
  2. The Companies Act, 2013 [section 1 to 22]: Important definitions, Introduction of company & corporate veil theory, Classes of companies, Conversion of company, Incorporation of company, Memorandum of Association, Articles of Association, Alteration of Memorandum and Articles, Doctrine of Indoor Management, Conversion of companies already registered, Promoters, Service of documents.

Paper 2 (Part II) : General English

Section A Section B Section C
Comprehension Passages and Note Making Developing Writing Skills Basic English Grammar
  • Comprehension Passages
  • Note Making
  • Article Writing
  • Report Writing
  • Writing Formal Letters
  • Writing Mails
  • Resume Writing
  • Introduction to Basic Writing
  • Nouns, Pronouns and Verbs
  • Articles, Adjectives and Adverbs
  • Prepositions, Conjunctions and Interjections
  • Direct Indirect, Active – Passive Speech
  • Vocabulary, Root Words, Synonyms, Antonyms, Prefixes, Suffixes, Phrasal verbs, Collocations and Idioms

Paper 3 (Section A) : Business Mathematics and Logical Reasoning

Following few topics added in Business Mathematics

  1. Algebra of Matrices, Inverse of a Matrix and determinants, solving system of equations using matrix method (Cramer’s rule) involving not more than 3 variables.
  2. Nominal rate of return
  3. Compound Annual growth rate (CAGR)

Logical reasoning is new paper carrying 20 Marks

  1. Number series coding and decoding and odd man out
  2. Blood relations
  3. Seating arrangements
  4. Direct Tests
  5. Syllogism

Paper 3 (Section B) : Business Statistics

No Change

Paper 4 (Part I) : Business Economics

Following few topics have been added

  1. Introduction to Business Economics
  2. Meaning of Business Economics
  3. Objectives of Business Firm- Profit Maximization, Sales Maximization, Growth Maximization.
  4. Business Cycles
  • Meaning of Business Cycles
  • Phases of  Business Cycles
  • Features of Business Cycles.
  • Causes behind these Cycles.

Following topics have been deleted and shifted to Intermediate level in detailed basis

  1. Macro Economics
  2. Indian Economy

Paper 4 (Part II) : Business and Commercial Knowledge

It is new paper

  1. Introduction to Business

Nature of Business, Profession and Employment. Objectives of Business. Business and Commercial Knowledge. Economic and Non-Economic Activities.

  1. Business Environment

Micro   and     Macro Environment, Elements        of        Micro   Environment   –Consumers/Customers, Competitors, Organization, Market, suppliers, Intermediaries, Elements of Macro Environment – Demographic, Economic, Political-legal, Sociocultural, Technological, Global Environment.

  1. Business organizations Top Indian and Global Companies.
  2. Government Policies for Business Growth

Policies creating conducive business environment – Startups,E-commerce.  Liberalization, Privatization, Foreign Direct Investment.

  1. Organizations facilitating Business

Indian regulatory bodies – SEBI, RBI, IRDA, CCI, FMC, CBDT, CBEC Indian Development Banks – IFCI, IDBI, SIDBI, EXIM Bank,NABARDGlobal organizations and world trade bodies – IMF, ADB, WTO, OECD, SAARC, ASEAN, OPEC.Accounting Bodies – IFAC,IASB, IESB, CAPA, SAFA, AOSSG.

  1. Common Business and Commercial Terminologies

Finance, Marketing and other business terms. Stock Market Terminology.Admission to CA CPT

Jan Feb March April May June
Take Admission Preparation Appear in Exam

Admission to CA Foundation : Nov Attempt

March April May June July August Sept Oct Nov
Take Admission Preparation Appear in Exam

Admission to CA Foundation : May Attempt

Dec Jan Feb March April May Jun July Aug
Take Admission Preparation Appear in Exam

 

Applicability of new course 

We expect it to be applicable from May 2018 exam

CA FOUNDATION Subject Wise Syllabus

PAPER 1 : PRINCIPLES AND PRACTICES OF ACCOUNTING (100 MARKS)

Objective:To develop conceptual understanding of the fundamentals of financial accounting system and accounting for special transactions

1. Theoretical Framework

Meaning and Scope of accounting

  • Accounting Concepts, Principles and Conventions
  • Accounting Standards – concepts, objectives, benefits
  • Accounting Policies
  • Accounting as a measurement discipline – valuation principles, accounting estimates

2. Accounting Process

Books of Accounts leading to the preparation of Trial Balance, Capital and revenue expenditures, Capital and revenue receipts, Contingent assets and contingent liabilities, Fundamental errors including rectifications thereof.

3. Bank Reconciliation Statement

4. InventoriesBasis of inventory valuation and record keeping.

5. Depreciation accounting

Methods, computation and accounting treatment of depreciation, Change in depreciation methods.

6. Preparation of Final Accounts for Sole Proprietors

7. Simple Problems on Financial Statements of Not-for-Profit Organisations

8. Accounts from Incomplete Records.

9. Average Due Date and Account Current    

10. Accounting for Special Transactions

  • Consignments
  • Joint Ventures
  • Bills of exchange and promissory notes
  • Sale of goods on approval or return basis (e) Departmental accounts.

11. Partnership Accounts

Final accounts of partnership firms – Basic concepts of admission, retirement and death of a partner including treatment of goodwill.

12. Introduction to Company Accounts

Issue of shares and debentures, forfeiture of shares, re-issue of forfeited shares, redemption of preference shares.

Paper 2 (Part I): Mercantile Laws (60 Marks)

Objective:“To test the general comprehension of elements of Mercantile Law including Company Law”

Contents

  1. 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.
  2. 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.
  3. The Indian Partnership Act, 1932: General Nature of Partnership, Rights and duties of partners, Registration and dissolution of a firm.
  4. The Limited Liability Partnership Act, 2008: Introduction- covering nature and scope, Essential features, characteristics of LLP, Incorporation and differences with other forms of organizations.
  5. The Companies Act, 2013 [section 1 to 22]: Important definitions, Introduction of company & corporate veil theory, Classes of companies, Conversion of company, Incorporation of company, Memorandum of Association, Articles of Association, Alteration of Memorandum and Articles, Doctrine of Indoor Management, Conversion of companies already registered, Promoters, Service of documents.

Here, chapters 1 to 4 carries 45 marks and chapter 5 carries 15 marks.

Note: If new legislations are enacted in place of the existing legislations, the syllabus would include the corresponding provisions of such new legislations with effect from dates notified by the Institute. 

Paper-2 (Part-II) General English

SECTION  A 

Topic :      Comprehension Passages and Note Making

  • Subtopic : Comprehension Passages
  • Subtopic: Note Making

SECTION B

Topic:  Developing Writing Skills

  • Subtopic: Article Writing
  • Subtopic: Report Writing
  • Subtopic : Writing Formal Letters
  • Subtopic : Writing Mails
  • Subtopic : Resume Writing

SECTION C 

Topic: Basic English Grammar

Chapter-1  Introduction to Basic Writing

Chapter-2: Nouns, Pronouns and Verbs

Chapter-3 Articles, Adjectives and Adverbs

Chapter-4 Prepositions, Conjunctions and Interjections

Chapter -5 Direct-Indirect, Active -Passive Speech

Chapter 6 :Vocabulary Root Words, Synonyms, Antonyms, Prefixes, Suffixes), Phrasal verbs, Collocations and Idioms.

CA Foundation New Scheme Syllabus

PAPER –3: Business Mathematics Logical Reasoningand Statistics

(One Paper- Three hours- 100 Marks) 

OBJECTIVES: The Objective of this course is to familiarize students with basic Mathematical and Statistical tools with emphasis on applications to Business, Finance and Economic situations .Logical reasoning tests helps the students thinking power and mental applicability skills.The whole syllabus of Business Mathematics Logical Reasoning and Statistics shall be divided into two broad areas.

  • Business Mathematics Logical reasoning (60 Marks)
  • Business Statistics (40 Marks)

Business Mathematics and Logical reasoning (60 marks)

Business Mathematics: 40 marks

  • Chapter-1(Ratio and proportion, Indices and Logarithms ) o Ratio and proportion and Time and work related problems, Laws of Indices, Exponentsand Logarithms and Anti Logarithms.
  • Chapter-2 (Equations and Matrices) o Equations: Linear Simultaneous linear equations up to three variables, Quadratic and Cubic equations in one variable. o Algebra of Matrices, Inverse of a Matrix anddeterminants, solving system of equations using matrix method (Cramer’s rule) involving not more than three variables.
  • Chapter-3 (Inequalities) o Inequalities: Linear Inequalities in one variable and the solution space
  • Chapter -4 Time value of Money (Financial Mathematics) o Time value of Money Simple Interest
  • Compound interest
  • Effective Rate of Interest
  • Present Value
  • Net Present Value
  • Future Value
  • Perpetuity
  • Annuities
  • Sinking Funds
  • Calculating of EMI Calculations of Returns:

o Nominal Rate of Return

  • Effective Rate of Return
  • Compound Annual growth rate (CAGR)
  • Chapter -5 (Sets Functions and Relations)
  • Chapter -6 (Basic applications of Differential and Integral calculus (Excluding the trigonometric applications)
  • Chapter-7 (Permutations and Combinations) o Basic concepts of Permutations and combinations: Introduction, the factorial, permutations, results, circular permutations, permutations with restrictions, Combinations with standard results.
  • Chapter-8 (Sequence and Series ) o Introduction Sequences, Series, Arithmetic and Geometric progression,

Relationship between AM and GM and Sum of n terms of special series.Logical Reasoning: (20 marks)

  • Chapter -9
  • Number series coding and Decoding and odd man out.
  • Chapter -10
  • Blood Relations,
  • Chapter-11
    • Seating Arrangements,
    • Chapter-12
    • Direction Tests
    • Chapter-13

Business Statistics (40 marks)

  • Chapter -14 (Statistical description of Data)
  • Statistical Representation of Data, Diagrammatic representation of data, Frequency distribution, Graphical representation of Frequency Distribution – Histogram, Frequency Polygon, Ogive, Pie-chart.
  • Chapter -15 (Measures of Central tendency and Dispersion )
  • Measures of Central Tendency and Dispersion: Mean Median, Mode, Mean Deviation, Quartiles and Quartile Deviation, Standard Deviation, Co-efficient of Variation, Coefficient of Quartile Deviation.
  • Chapter-16 (Correlation and Regression)
    • Correlation and Regression: Scatter diagram, Karl Pearson’s Coefficient of Correlation Rank Correlation, Regression lines, Regression equations, Regression coefficients.
    • Chapter -17 (Theoretical Distributions)
    • Theoretical Distributions: Binomial Distribution, Poisson distribution – basic application and Normal Distribution – basic applications.
  • Chapter-18 (Probability)
    • Probability: Independent and dependent events; mutually exclusive events. Total and Compound Probability; Bayes’ theorem; and Mathematical Expectation.
    • Chapter-19 (Index Numbers and Time Series)
  • Index Numbers:Uses of Index Numbers, Problems involved in construction of Index Numbers, Methods of construction of Index Numbers.
  • Time Series Analysis – basic application including Moving Average, Moving Average Method, and Method of Least Squares.
  • Chapter-20 (Sampling Theory and Testing of Hypothesis)

(a)Sampling theory: Basic Principles of Sample survey, Comparison between sample survey and enumeration, errors in Sample survey, some important terms associated with sampling, types of sampling.(b)Testing of Hypothesis, Large sample tests (Test for means, test for proportions and test for Standard deviations) and sample tests applications of t, F-distribution (Variance ratio test) and Chi-square test.

Paper 4*: Business Economics & Business and Commercial Knowledge (100 Marks)

Part I: Business Economics (60 Marks)

1.  Introduction to Business Economics

(a)     Meaning of Business Economics

(b)     Objectives of Business Firm- Profit Maximization, Sales Maximization, Growth Maximization.

2.   Theory of Demand and Supply

(a) Meaning and determinants of demand, Law of demand and Elasticity of demand ─ Price, income and cross elasticity

(b) Theory of consumer’s behaviour – Marshallian approach and Indifference curve approach

(c) Meaning and determinants of supply, Law of supply and Elasticity of supply.

(d)  Demand Forecasting

3.   Theory of Production and Cost

(a)     Meaning and Factors of production

(b)     Laws of Production – The Law of Variable proportions and Laws of Returns to Scale, Producer’s equilibrium

(c)     Concepts of Costs ─ Short-run and long-run costs, Average and marginal costs, Total, fixed and variable costs.

4. Price Determination in Different Markets

(a) Various forms of markets – Perfect Competition, Monopoly, Monopolistic Competition and Oligopoly

(b) Price determination in these markets.

5.     Business Cycles

  • Meaning of Business Cycles
  • Phases of  Business Cycles
  • Features of Business Cycles.
  • Causes behind these Cycles.

Paper 4 Part II Business and Commercial Knowledge

Objectives

  1. Have a basic knowledge of common business and commercial concepts.
  2. Inculcate a habit to remain updated about developments in the business and commercial world.

Students are expected to read at least one financial newspaper and one business magazine on a regular basis.  They may also watch a business channel to remain updated about the developments related to commercial world.

Contents

  1. Introduction to Business

Nature of Business, Profession and Employment. Objectives of Business. Business and Commercial Knowledge. Economic and Non-Economic Activities.

  1. Business Environment

Micro     and     Macro     Environment,     Elements     of     Micro     Environment     –Consumers/Customers, Competitors, Organization, Market, suppliers, Intermediaries, Elements of Macro Environment – Demographic, Economic, Political-legal, Sociocultural, Technological, Global Environment.

  1. Business organizations Top Indian and Global Companies.
  2. Government Policies for Business Growth

Policies creating conducive business environment – Startups,E-commerce.Liberalization, Privatization, Foreign Direct Investment.

  1. Organizations facilitating Business

Indian regulatory bodies – SEBI, RBI, IRDA, CCI, FMC, CBDT, CBEC Indian Development Banks – IFCI, IDBI, SIDBI, EXIM Bank,NABARDGlobal organizations and world trade bodies – IMF, ADB, WTO, OECD, SAARC, ASEAN, OPEC.Accounting Bodies – IFAC,IASB, IESB, CAPA, SAFA, AOSSG.

  1. Common Business and Commercial Terminologies

Finance, Marketing and other business terms. Stock Market Terminology.This article will helps you to find out the answer for What is the New CA CPT Syllabus or What is the CA Course New Scheme CA Foundation Syllabus and hope this article will helps you to check the details of CA Foundation course syllabus which is applicable from June 2018. Share this article ” CPT New Syllabus For June 2018 | CA Foundation Course ” to your friends who are going to join CA CPT (CA Foundation) in 2018. Still have any doubts about CA Foundation New Syllabus & New Course, you can ask us via comment box.

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24 Comments

  1. vibhuti padhi says

    abi cpt ka exam pass hone ke liye kitna percentage lana padega

  2. Sanket Gupta says

    Hello Sir/Ma’am, If someone wants to give CA – CPT as per old syllabus for June 2017 attempt then what will be the last date for registration under old syllabus ?

    1. Mekhala says

      27/4/2017 is the last date for registration

  3. Akhil kuntamukkala says

    Please make the process fast and put the exact syllabus and anable us to learn the revised syllabus

  4. smita says

    Hello..sir ..now I am in12th.. I want to attempt cpt in the month of June 2017..and I am going to register in the month of December2016..so which syllabus is applicable to me new or old..??

    1. V. Thenmozhi Vasu says

      Hello sir, I am going to write CPT exam in June 2017.which syllabus will applicable to me new or old…??? But I had registered and get old CPT books in 2016.

  5. Chetana says

    Sir mene march 2016 me cpt registration ka revalidation kiya. Muze june 2017 ka attempt dena hai . Which syllabus is applicable for me? Mere pass old cptbooks hai to muze fir se new books lene honge kya?Aur uski fees kya hogi

  6. mary saranya says

    what will be the duration of CA course Starting from CA foundation to final

  7. Ankith Kumar says

    Can we Write exam in May 2017, if no Then when is first attempt in 2017.And when will the dates open for Registration?And is ICAI providing any study material ??

  8. Nikita says

    I am in 12 and i will register later so tell me that which syllabus is applicable and also that how to prepare for this new syllabus?

  9. Nikita says

    Is negative marking still there ?

    1. ram kumar singh says

      yes

  10. Ashishkumar Prajapati says

    I am attempting December 2016 exam for CA CPT. If by chance I fail in December attempt & again if I want to appear June 2017 so, I would get new syllabus of 2017 or the old syllabus. Because I am already attempting cpt with old syllabus in December & has done registration of cpt on October 2014 itself & after 2014 directly attempting december 2016 exams.(Please help me & provide me perfect guidelines).

  11. vandita garg says

    Hello..sir ..now I am in12th.. I want to attempt cpt in the month of June 2017..and I am going to register in the month of December2016..so which syllabus is applicable to me new or old..??

  12. sahil singh says

    From when the syllabus of cpt got change. Beause the no information in changes syllabus by icai.

  13. neha says

    Hello Sir/Ma’am, If someone wants to give CA – CPT as per old syllabus for June 2017 attempt then what will be the last date for registration under old syllabus

  14. Himanshu says

    December 2016 CPT exam me mai pass nhi hua . TO JUNE Exam dene per Syallabus wo hi rehga hamare leye ya change hoga ,iF change happens then books can be available free of cost frm institute or not?

  15. CHAITALI says

    SIR I HAD REGISTRED WITH CA INSTITUTE FROM JAN 2016 AND VALIDITY OF REGISTRATION IS OF 3YEARS AND I HAVE OLD STUDY MATERIAL SO HOW I WILL GET NEW SYLLABUS STUDY MATERIAL OR I WILL GET TO ATTEMPT FOR OLD SYLLABUS ONLY..

  16. Suruchi says

    Sir, plz rply to my questionI was not able to clear my cpt this time (dec2016 exam) and want to gibe the same again ,then what syllabis i have to follow..? And which type of eam i will be giving subjective or objective.Plz rply..

  17. laxmi gangwar says

    sir maine dec2016 me cpt ka registration krwaya tha but mujhe june 2017 ka dena h.to kon sa syllabus mujhe attempt krna hoga old or new . please sir / mam reply me fast b’coz after knowing that i can start my preparation. so please reply me fast. I shall be very thankful to you.

  18. laxmi gangwar says

    sir maine dec 2016 me registration kraya tha but mai kisi problem se dec attempt nhi de pai lekin ab mai june 2017 ka attempt dena chahati hu to sir mujhe apni study new syllabus se ya old syllabus se krni hogi.

  19. Alka kumari says

    Sir I am Pcm student and I want to do CA. Am I eligible for cpt June 2017. Please help me out sir. I am worried. Many people are telling that only commerce student can apply.please help me out sir please

  20. animesh kr singh says

    Am I able to appear in June 2017 for cpt old syllabus ?

  21. nitesh says

    I’m old student of cpt and I have old syllabus please tell me how can I get new books..

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