CA - Foundation

The Council of the Institute of Chartered Accountants of India (ICAI) has proposed to amend the Chartered Accountants Regulations, 1988 through the Chartered Accountants (Amendment) Regulations, 2016.

As a result of this amendment, the registration for the Common Proficiency Course (CPC) shall be discontinue with effect from July 2017. In other words, after the commencement of registration for the Foundation Course, the CA Institute discontinue the registration for the Common Proficiency Course. Accordingly, the Council of ICAI shall discontinue holding the Common Proficiency Test (CPT) after commencement of CA Foundation examination.

As per the revised Scheme of Education and Training the candidates shall be required to pass the Foundation Examination instead of Common Proficiency Test to enter into the CA Course. The candidates are required to pass the Foundation Examination as per the syllabus approved by the Council from time to time under regulation 25F.


CPT is an objective test with 1/4th negative mark for a wrong answer. There are 4 papers in CA Foundation Course. The name and marks of each papers have been sited below.

Paper 1: Principles and Practices of Accounting (Two Hours- 100 Marks)

Paper 2: Business Mathematics and Logical Reasoning & Statistics (Two Hours- 100 Marks)

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

Paper 3: Mercantile Law & General English (Two Hours- 100 Marks)

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

Paper 4: Business Economics & Business and Commercial Knowledge (Two Hours- 100 Marks)

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

Note that Paper-3 and Paper-4 will be Objective type papers.

1) Appeared in 12th Class Exam:

Senior Secondary (10+2) i.e. Higher Secondary (HS) Examination conducted by an examining body constituted by law in India; or

2) Appeared in 10+2 Equivalent Exam:

An examination recognised by the Central Government (CG) or the State Government (SG) as equivalent to 12th Class examination for the purpose of admission to graduation course.

CPT is an objective test with 1/4th negative mark for a wrong answer. A student has to attempt two sets of paper.

SESSION I (Two Hours- 100 Marks)
Section A: Fundamentals of Accountancy (60 Marks)
It consist of introduction to accounting, Accounting principles & standards, Bank Reconciliation Statements, Consignment & Joint ventures, The Partnership accounts and Company accounts.

Section B: Mercantile Law (40 Marks)
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SESSION II (Two Hours- 100 Marks)
Section C: General Economics (50 Marks)
It is a mix of micro and macro economics covering introduction to micro economics, theory of demand & supply, production & cost, price determination in different markets, profile and aspects of Indian economy, economic reforms in India and Money & banking.

Section D: Quantitative Aptitude (50 Marks)
It is a blend of Mathematics and Statistics including ratio & proportion, differentiation, integration, AP GP, sets, functions and relation, correlation, regression, index numbers, probability, theoretical distribution and sampling.

Course Course Name Subjects Teaching Mode Faculty
CA CPT CPT Face-to-Face


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