CPT June 2011 Syllabus

Level of Knowledge: Basic knowledge

SESS!" #
Sec$ion %: &unda'en$als of %ccoun$ing ( )0 *a+ks ,
!b-ec$ive:
To develop conceptual understanding of the fundamentals of financial accounting system.
Con$en$s
1. T/eo+e$ical &+a'ewo+k
i. Meaning and Scope of accounting
ii. Accounting Concepts, Principles and Conventions
iii. Accounting Standards concepts, objectives, benefits
iv. Accounting Policies
v. Accounting as a measurement discipline valuation principles, accounting estimates
2. %ccoun$ing P+ocess
oo!s of Accounts leading to the preparation of Trial alance, Capital and revenue e"penditures,Capital
and revenue receipts, Contingent assets and contingent liabilities, #undamental errors including
rectifications there of.
0. Bank 1econcilia$ion S$a$e'en$
2. nven$o+ies
asis of inventory valuation and record !eeping.
3. 4e5+ecia$ion accoun$ing
Methods, computation and accounting treatment of depreciation, Change in depreciation methods.
). P+e5a+a$ion of &inal %ccoun$s fo+ Sole P+o5+ie$o+s
6. %ccoun$ing fo+ S5ecial T+ansac$ions
a. Consignments
b. $oint %entures
c. ills of e"change and promissory notes
d. Sale of goods on approval or return basis.
7. Pa+$ne+s/i5 %ccoun$s
#inal accounts of partnership firms asic concepts of admission, retirement and death of a partner
including treatment of good &ill.
8. n$+oduc$ion $o Co'5any %ccoun$s
'ssue of shares and debentures, forfeiture of shares, re(issue of forfeited shares, redemption of
preference shares.
Sec$ion B: *e+can$ile Law ( 20 *a+ks ,
!b-ec$ive:
To test the general comprehension of elements of mercantile la&
Con$en$s
). The 'ndian Contract Act , )*+,- An overvie& of Sections ) to +. covering the general nature of
contract , consideration , other essential elements of a valid contract , performance of contract
and breach of contract.
,. The Sale of /oods Act, )012- #ormation of the contract of sale Conditions and 3arranties(
Transfer of o&nership and delivery of goods 4npaid seller and his rights.
1. The 'ndia Partnership Act, )01,- /eneral 5ature of Partnership 6ights and duties of
partners(6egistration and dissolution of a firm.
SESS!"9
(Two Sec$ions9 Two /ou+s # 100 *a+ks,
Sec$ion C: :ene+al Econo'ics ( 30 *a+ks ,
!b-ec$ive:
To ensure basic understanding of economic systems, economic behaviour of individuals and
organi7ations.
Con$en$s
(, *ic+o Econo'ics
1. n$+oduc$ion $o *ic+o Econo'ics
a. 8efinition, scope and nature of 9conomics
b. Methods of economic study
c. Central problems of an economy and Production possibilities curve.
2. T/eo+y of 4e'and and Su55ly
a. Meaning and determinants of demand, :a& of demand and 9lasticity of demand Price,
income and cross elasticity
b. Theory of consumer;s behaviour Marshallian approach and 'ndifference curve approach
c. Meaning and determinants of supply, :a& of supply and 9lasticity of supply.
0. T/eo+y of P+oduc$ion and Cos$
a. Meaning and #actors of production
b. :a&s of Production The :a& of variable proportions and :a&s of returns to scale
c. Concepts of Costs Short(run and long(run costs, Average and marginal costs, Total,fi"ed and
variable costs.
2. P+ice 4e$e+'ina$ion in 4iffe+en$ *a+ke$s
a. %arious forms of mar!ets Perfect Competition, Monopoly, Monopolistic Competition and
<ligopoly
b. Price determination in these mar!ets.
(, ndian Econo'ic 4evelo5'en$
3. ndian Econo'y # % P+ofile
a. 5ature of the 'ndian 9conomy
b. 6ole of different sectors Agriculture , 'ndustry and Services in the development of the 'ndian
economy, their problems and gro&th
c. 5ational 'ncome of 'ndia Concepts of national income, 8ifferent methods of measuring
national income, /ro&th of national income and per capita income in various plans.
d. asic understanding of ta" system of 'ndia 8irect and 'ndirect Ta"ation
). Selec$ %s5ec$s of ndian Econo'y
a. Population 'ts si7e, rate of gro&th and its implication for gro&th
b. Poverty Absolute and relative poverty and main programs for poverty alleviation
c. 4nemployment Types, causes and incidence of unemployment
d. 'nfrastructure 9nergy, Transportation, Communication, =ealth and 9ducation
e. 'nflation
f. udget and #iscal deficits
g. alance of payments
h. 9"ternal debts.
6. Econo'ic 1efo+'s in ndia
a. #eatures of economic reforms since )00)
b. :iberalisation, Privatisation and 8isinvestment
c. /lobalisation.
7. *oney and Banking
a. Money Meaning and functions
b. Commercial an!s 6ole and functions
c. 6eserve an! of 'ndia 6ole and functions, Monetary policy.
Sec$ion 4: ;uan$i$a$ive %5$i$ude ( 30 *a+ks ,
!b-ec$ive:
To test the grasp of elementary concepts in Mathematics and Statistics and application of the same as
useful >uantitative tools.
Con$en$s
). 6atio and proportion, 'ndices, :ogarithms
2. E<ua$ions :inear simultaneous linear e>uations up to three variables, >uadratic and cubic
e>uations in one variable, e>uations of a straight line, intersection of straight lines, graphical solution to
linear e>uations.
0. ne<uali$ies /raphs of ine>ualities in t&o variables common region.
2. Si'5le and Co'5ound n$e+es$ including annui$y # %55lica$ions
3. Basic conce5$s of Pe+'u$a$ions and Co'bina$ions
). Se<uence and Se+ies # %+i$/'e$ic and geo'e$+ic 5+og+essions
6. Se$s= &unc$ions and 1ela$ions
7. Li'i$s and Con$inui$y # n$ui$ive %55+oac/
8. Basic conce5$s of 4iffe+en$ial and n$eg+al Calculus (e>cluding $+igono'e$+ic func$ions,
10. S$a$is$ical desc+i5$ion of da$a
). Te"tual, Tabular ? 8iagrammatic representation of data.
,. #re>uency 8istribution.
1. /raphical representation of fre>uency distribution =istogram, #re>uency Polygon, <give
11. *easu+es of Cen$+al Tendency and 4is5e+sion Arithmetic Mean, Median Partition %alues,
Mode, /eometric Mean and =armonic, Mean,Standard deviation, @uartile deviation
12. Co++ela$ion and 1eg+ession
10. P+obabili$y and E>5ec$ed ?alue by *a$/e'a$ical E>5ec$a$ion
12. T/eo+e$ical 4is$+ibu$ions iomial, Poisson and 5ormal.
13. Sa'5ling T/eo+y asic Principles of sampling theory, Comparison bet&een sample survey and
complete enumeration, 9rrors in sample survey, Some important terms associated &ith sampling, Types
of sampling, Theory of estimation, 8etermination of sample si7e.
1). nde> "u'be+s
Slide 1 : ) @4A5T'TAT'%9 APT'T489 Common Proficiencey Test
1a$io and P+o5o+$ion =ndices = Loga+i$/'s : , 6atio and Proportion
,'ndices , :ogarithms ).) 6atio )., Proportion ).1'ndices ).A :ogarithms
Additional @uestion
C/a5$e+ 2 9E<ua$ions : 1 Chapter , (9>uations ,.) 'ntroduction ,., Simple
e>uation ,.1 Simultaneous linear e>uations in t&o un!no&ns ,.A Method of
solution ,.. Method of solving simultaneous linear e>uation &ith three
variables ,.B Problems leading to simultaneous e>uations ,.+ @uadratic
e>uation ,.* =o& to construct a @uadratic e>uation ,.0 5ature of the roots
,.)2 Problems on @uadratic e>uation ,.)) Solution of cubic e>uation ,.),
Application of e>uations in Co(ordinate geometry ,.)1 9>uation of straight line
,.)A /raphical solution to linear e>uations Additional @uestion
C/a5$e+ 0 @ ne<uali$ies : A Chapter 1 C 'ne>ualities 1.) 'ne>ualities 1.,
:inear 'ne>ualities in one variable and the solution space Additional @uestion
C/a5$e+ 29 Si'5le and co'5ound in$e+es$ including %nnui$y #
%55lica$ion : . Chapter A( Simple and compound interest including Annuity
Application A.) 'ntroduction A., 3hy is interest paid A.1 8efinition of interest
and some other related terms A.A Simple interest and compound interest A..
9ffective rate of interest A.B Annuity A.+ #uture value A.* Present value A.0
Sin!ing #und A.)2 Applications Additional @uestion
C/a5$e+ 3 # Basic conce5$s of Pe+'u$a$ions and Co'bina$ions : B
Chapter . asic concepts of Permutations and Combinations ..)
'ntroduction .., The factorial ..1 permutations ..A 6esults ... Circular
permutations ..B Permutation &ith restriction ..+ combinations ..* Standard
6esults Additional @uestion
C/a5$e+ ) @ Se<uence and se+ies #%+i$/'e$ic and :eo'e$+ic
P+og+ession : + Chapter B C Se>uence and series Arithmetic and /eometric
Progression B.) Se>uence B., Series B.1 Arithmetic Progression B.A
/eometric progression B.. /eometric Mean Additional @uestion
C/a5$e+ 69 Se$s =&unc$ions and 1ela$ions : * Chapter +( Sets ,#unctions
and 6elations +.) Sets +., %enn 8iagrams +.1 Product sets +.A 6elations and
#unction +.. 8omain ? 6ange of a #unction +.B %arious Type of #unction
Additional @uestion
C/a5$e+ 7@ Li'i$s and con$inui$y #n$ui$ive %55+oac/ : 0 Chapter *C
:imits and continuity 'ntuitive Approach *.) 'ntroduction *., Types of
#unctions *.1 Concepts of :imit *.A 4seful 6ules of Theorems on limits *..
Some important limits *.B Continuity Additional @uestion
C/a5$e+ 89 Basic conce5$s of 4iffe+en$ial and n$eg+al Calculus : )2
Chapter 0( asic concepts of 8ifferential and 'ntegral Calculus AD 8ifferential
calculus 0.) 'ntroduction 0.,A 8erivative or 8ifferential coefficient 0.1A Some
standard 6esults 0.AA 8erivative of a function of function 0..A 'mplicit
#unction 0.BA Parametric 9>uation 0.+A :ogarithmic #unction 0.*A Some
more e"ample 0.0A asic idea about higher order 8ifferentiation 0.)2A
/eometric 'nterpretation of the derivative
Slide 11 : )) E D 'ntegral calculus 0.) 'ntegration 0., asic #ormulas
0.1Method of substitution 0.A 'ntegration by parts 0.. Method of Partial
#raction 0.B 8efinite 'ntegration 0.+ 'mportant properties Additional
@uestion
ST%TSTCS C/a5$e+ 109 S$a$is$ical 4esc+i5$ion of 4a$a : ), STAT'ST'CS
Chapter )2( Statistical 8escription of 8ata )2.) 'ntroduction of statistic )2.,
Collection of 8ata )2.1 Presentation of 8ata )2.A #re>uency 8istribution )2..
/raphical representation of fre>uency 8istribution Additional @uestion
C/a5$e+ 11 #*easu+es of Cen$+al Tendency and 4is5e+sion : )1 Chapter
)) Measures of Central Tendency and 8ispersion )).) 8efinition of central
Tendency ))., Criteria for an ideal measure of central Tendency )).1
Arithmetic mean )).A Median Partition values )).. Mode )).B /eometric
Mean and =armonic Mean )).+ 9"ercise )).* 8efinition of 8ispersion )).0
6ange )).)2 Mean 8eviation )).)) Standard 8eviation )).), @uartile
8eviation )).)1 e"ercise Additional @uestion
C/a5$e+ 12 # Co++ela$ion and 1eg+ession : )A Chapter ), Correlation and
6egression ),.) 'ntroduction ),., ivariate 8ata ),.1 Correlation Analysis
),.A Measures of correlation ),.. 6egression Analysis ),.B Properties of
6egression lines ),.+ 6evie& of correlation and 6egression Analysis
Additional @uestion
C/a5$e+ 10 @ P+obabili$y and E>5ec$ed value by *a$/e'a$ical
E>5ec$a$ion : ). Chapter )1 C Probability and 9"pected value by
Mathematical 9"pectation )1.) 'ntroduction )1., 6andom 9"periment )1.1
Classical definition of Probability )1.A Statistical 8efinition of probability )1..
<peration on events - Set Theoretic Approach to probability )1.B A"iomatic or
Modern 8efinition of Probability )1.+ Addition Theorems )1.* Conditional
Probability and compound Theorem of Probability )1.0 6andom variable 'ts
probability 8istribution )1.)2 e"pected value of a 6andom variable Additional
@uestion
C/a5$e+ 129T/eo+e$ical 4is$+ibu$ions : )B Chapter )A(Theoretical
8istributions )A.) 'ntroduction )A., inomial distribution )A,1 Poisson
8istribution )A.A 5ormal distribution )A.. Chi s>uare 8istribution ,t
8istribution and #(8istribution Additional @uestion
C/a5$e+ 13 #Sa'5ling T/eo+y : )+ Chapter ). Sampling Theory )..)
'ntroduction ).., asic Principles of sample survey )..1 Comparison bet&een
sample survey and complete 9numeration )..A 9rrors in Simple survey )...
Some important terms associated &ith sampling )..B Types of sampling )..+
Theory of 9stimation )..* 8etermination of sample si7e for a specific
precision Additional @uestion
C/a5$e+ 1)9 nde> "u'be+s : )* Chapter )B( 'nde" 5umbers )B.)
'ntroduction )B., 'ssues 'nvolved )B.1 Construction of 'nde" numbers )B.A
4sefulness of 'nde" numbers )B.. 8eflating Time Series using 'nde"
5umbers )B.B Shifting and splicing of 'nde" 5umbers )B.+ Test of Ade>uacy
Additional @uestion
1a$io and 5+o5o+$ion = ndices = Loga+i$/'s : )0 6atio and proportion ,
'ndices , :ogarithms 6atio A ratio is comparison of the si7es of t&o or more
>uantities of the same !ind by division . 'f a and b are t&o >uantities of the
same !ind then the fraction aFb is called the ratio of a and b .'t is &ritten as a-b
.'t is &ritten as a-b .Thus the ration of a to b G aFb or a-b .The >uantities a and
b are called the terms of the ratio , a is called the first term or antecedent and
b is called the second term or conse>uent .
P+o5o+$ion : ,2 Proportion An e>uality of t&o ratio is called a proportion .#our
>uantities a, b, c,d are said to be in proportion if a-b G c-d E also &ritten as
a-b -- c-d D i.e. if aFbG cFd i.e. if ad Gbc The >uantities a, b,c,d are called terms
of the proportion H a, b, c and d are called its first ,second , third and fourth
term respectively .#irst and fourth terms are called e"tremes .Second and
third term are called means . Product of e"tremes G product of means