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CA Equivalent to Masters Degree
Can you tell me if CA is considered equivalent to a master’s degree?

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Re: CA Equivalent to Masters Degree
As you want to know that CA is Equivalent to Masters Degree or not so CA is not Equivalent to Masters Degree. A candidate can do CA after completing 12th class. For becoming a CA candidate will have to complete 3 stages. 1. CPT 2. IPCC 3. Final Here I am giving you syllabus of CPT: SESSION  I Section A: Fundamentals of Accounting (60 Marks) Objective: To develop conceptual understanding of the fundamentals of financial accounting system. Contents: 1. Theoretical Framework (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. 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. Inventories Basis of inventory valuation and recordkeeping. 5. Depreciation accounting Methods, computation and accounting treatment of depreciation, Change in depreciation methods. 6. Preparation of Final Accounts for Sole Proprietors 7. Accounting for Special Transactions (a) Consignments (b) Joint Ventures (c) Bills of exchange and promissory notes (d) Sale of goods on approval or return basis. 8. Partnership Accounts Final accounts of partnership firms  Basic concepts of admission, retirement and death of a partner including treatment of goodwill. 9. Introduction to Company Accounts Issue of shares and debentures, forfeiture of shares, reissue of forfeited shares, redemption of preference shares. SESSION  I Section B: Mercantile Laws (40 Marks) Objective: To test the general comprehension of elements of mercantile 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 India Partnership Act, 1932: General Nature of Partnership  Rights and duties of partners  Registration and dissolution of a firm. SESSION  II Section C: General Economics (50 Marks) Objective: To ensure basic understanding of economic systems, economic behaviour of individuals and organisations. Contents 1. Micro Economics (i) Introduction to Micro Economics (ii) Definition, scope and nature of Economics (iii) Methods of economic study (iv) Central problems of an economy and Production possibilities curve. 2. Theory of Demand and Supply (i) Meaning and determinants of demand, Law of demand and Elasticity of demand ? Price, income and cross elasticity (ii) Theory of consumer 's behaviour  Marshallian approach and Indifference curve approach (iii) Meaning and determinants of supply, Law of supply and Elasticity of supply. 3. Theory of Production and Cost (i) Meaning and Factors of production (ii) Laws of Production  The Law of variable proportions and Laws of returns to scale (iii) Concepts of Costs ? Shortrun and longrun costs, Average and marginal costs, Total, fixed and variable costs. 4. Price Determination in Different Markets (i) Various forms of markets  Perfect Competition, Monopoly, Monopolistic Competition and Oligopoly (ii) Price determination in these markets. (iii) Indian Economic Development 5. Indian Economy  A Profile (i) Nature of the Indian Economy (ii) Role of different sectors  Agriculture, Industry and Services in the development of the Indian economy, their problems and growth (iii) National Income of India  Concepts of national income, Different methods of measuring national income, Growth of national income and per capita income in various plans. (iv) Basic understanding of tax system of India  Direct and Indirect Taxation 6. Select Aspects of Indian Economy (i) Population  Its size, rate of growth and its implication for growth (ii) Poverty  Absolute and relative poverty and main programs for poverty alleviation (iii) Unemployment  Types, causes and incidence of unemployment (iv) Infrastructure ? Energy, Transportation, Communication, Health and Education (v) Inflation (vi) Budget and Fiscal deficits (vii) Balance of payments (viii) External debts. 7. Economic Reforms in India (i) Features of economic reforms since 1991 (ii) Liberalisation, Privatisation and Disinvestment (iii) Globalisation. 8. Money and Banking (i) Money  Meaning and functions (ii) Commercial Banks  Role and functions (iii) Reserve Bank of India  Role and functions, Monetary policy. SESSION  II Section D: Quantitative Aptitude (50 Marks) Objective: To test the grasp of elementary concepts in Mathematics and Statistics and application of the same as useful quantitative tools. Contents 1. Ratio and proportion, Indices, Logarithms 2. Equations Linear  simultaneous linear equations up to three variables, quadratic and cubic equations in one variable, equations of a straight line, intersection of straight lines, graphical solution to linear equations. 3. Inequalities Graphs of inequalities in two variables ? common region. 4. Simple and Compound Interest including annuity ? Applications 5. Basic concepts of Permutations and Combinations 6. Sequence and Series  Arithmetic and geometric progressions 7. Sets, Functions and Relations 8. Limits and Continuity ? Intuitive Approach5 9. Basic concepts of Differential and Integral Calculus (excluding trigonometric functions) 10. Statistical description of data (i) Textual, Tabular & Diagrammatic representation of data. (ii) Frequency Distribution. (iii) Graphical representation of frequency distribution  Histogram, Frequency Polygon, Ogive 11. Measures of Central Tendency and Dispersion Arithmetic Mean, Median  Partition Values, Mode, Geometric Mean and Harmonic, Mean, Standard deviation, Quartile deviation 12. Correlation and Regression 13. Probability and Expected Value by Mathematical Expectation 14. Theoretical Distributions Binomial, Poisson and Normal. 15. Sampling Theory Basic Principles of sampling theory, Comparison between sample survey and complete enumeration, Errors in sample survey, Some important terms associated with sampling, Types of sampling, Theory of estimation, Determination of sample size. 16. Index Numbers
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