Pre Test Criteria

For appearing in the final examination students should complete the Eligibility test exams. In case of CAP I (Old course) & CAP II old scheme there will be three test papers for each subject. Each test paper shall carry 100 marks to be attempted within 3 hours. The coverage of the test papers will be based on the following general rule:

Test Paper I First half of the prescribed syllabus
Test Paper II Second half of the prescribed syllabus
Test Paper III Whole syllabus


o However, in case the Institute issues any specification regarding the division of chapters among test papers, such specification shall override the above rule. While Test Papers I & II will be evaluated through Hall Test Scheme, Test Paper III will be evaluated through Postal Test Scheme. Each must pass at least two test papers (either I & II or I & III or II & III) of each subject and must secure a minimum of 40% marks in each paper to get the Eligibility Certificate (EC) for concerned group.

Postal Test Scheme

o Under this scheme students are provided with a set of test papers at the time of registration. Students are required to solve the test papers at home under the examination conditions and submit them to the Institute. These test papers can be submitted personally or by post. A student is allowed to submit two papers of each subject free of cost. However, if any student wishes to attempt more than two test papers, he/she will be charged Rs. 300 per paper. A student needs to register online before submitting their postal paper. A unique e-code is give for each postal registration which needs to be written on the postal cover page. A student must submit their postal papers within 48 hrs of registration after which it will not be accepted. If any student has submitted more than one answer paper, the paper with the highest score shall be recorded at the Institutes’ documentation section.
Postal tests, if found copied from others’ works/writings shall be considered invalid and no marks shall be awarded to such answers.

Hall Test Scheme

Under this scheme, tests are taken in an examination hall. The Institute shall fix center for such tests, necessary number of invigilators with timing of examination. Normally, tests are held each Saturday. A student can sit for Hall Tests as many times as he wishes but only two sittings per subject shall be allowed free of cost. Extra sittings shall be charged at Rs. 300/- per paper. A student who registers his name but fails to appear on the scheduled date shall be considered as having appeared for the test but marked as absent.

  • A student should register his name online for Hall Test by Wednesday 3 pm. A student is allowed to edit or cancel examination if he wishes to by Wednesday 3 pm after which no changes will be allowed. Each sitting of the examination shall be of 3 hours.
  • In case of CAP I (New course), students are required to submit postal paper for each subject and need not appear for Hall Test examination.
  • In case of CAP II new scheme a student residing in Kathmandu valley need to pass only one Hall test paper out of two. In case of Business Communication and Marketing subjects, there will be only one test paper for hall test covering the entire syllabus and the student must pass both the subjects. For students residing outside Kathmandu valley, they need to submit two postal papers for each subject.
  • In case of CAP-III Level, students are required to pass only one test paper through Hall Test scheme, covering the whole syllabus, of each subject to be eligible for the examinations. Postal test scheme is allowed only if a request from the principal is received. In case of students registered after 1st December 2014, two postal papers for each subject need to be submitted.


    Coverage of Test Paper

    The coverage of the different test papers under the Eligibility Test (Pretest) Scheme shall be as follows:

    Level: CAP-II New Scheme (Test Paper has been organized as per the chapters of study material)

    Subject Test Paper I Test Paper II
    1. Advanced Accounting
    • Accounting
    • Financial reporting standards
    • Accounting for special transactions
    • Company accounting
    • Partnership accounts
    • Preparation and presentation of financial statements of special organizations
    • Preparation of financial statements from incomplete records
    • Government accounting
    • Analysis and interpretation of financial statements
    • Accounting for NPOs
    • Accounting in computerized system
    2. Audit & Assurance
    • General concepts
    • Planning an audit engagement
    • Gathering evidence during an audit engagement
    • Using work of others
    • Internal audit and corporate governance
    • Audit conclusions and reporting
    • Government audit
    • Audit of specific organizations
    3. Corporate & Other Laws
    • Nepal Chartered Accountants Act, 2053 and Nepal Chartered Accountants Rules, 2061
    • The Companies Act 2063 (upto Section 119)
    • Securities Act 2063 (upto Section 70)
    • Banks and Financial Institutions, 2063 (upto Section 67)
    • Nepal Rastra Bank Act, 2058 (upto Section 75)
    • Industrial Enterprises Act, 2049
    • Labor Act, 2048
    • Bonus Act. 2030
    • Contract Act 2056
    • Insurance Act 2049
    • Negotiable Instruments Act 2034
    • Social Welfare Act, 2049
    • WTO and Nepalese Laws
    4. Financial Management
    • Introduction and fundamental concepts of financial management
    • Strategic finance and policy
    • Analysis of financial statements
    • Valuation of securities
    • Capital investment decision
    • Working capital management and financial forecasting
    • Distribution policy
    • Overview of capital market
    • Investment opportunities in Nepalese capital market
    5. Cost & Management Accounting
    • Cost concepts and costing methods
    • Material control
    • Labour control
    • Overhead control
    • Unit costing
    • Cost accounts system, cost control (Integrated & non-integrated accounting system)
    • Methods of costing
    • Cost concepts for decision making
    • Costing for planning and control – budgets
    • Standard costing
    • Uniform costing and inter firm comparison
    • Cost control and cost reduction
    • Cost concepts for decision making
    • Costing for planning and control – budgets
    6A. Business Communication
    • Whole Syllabus
    • Whole Syllabus
    6B. Marketing
    • Whole Syllabus
    • Whole Syllabus
    8. Income Tax & VAT
    • Income Tax Regulations of Nepal
    • Value Added Tax & Regulation 2053

    Note: TP-3 (Postal) : Whole Syllabus

    Eligibility Certificate

    After successful completion of Pre-test exam scheme, eligibility certificate shall be issued to the student. A student shall get eligibility certificate at least two months ahead of examination date. The tests are conducted till the end of July for the students appearing in the December Examination and till the end of January for the students appearing in the June Examination.
    A student must get eligibility certificate within three years from the date of registration, subject to cancellation in case of failure to obtain eligibility certificate. However such a student can re-register as de-novo.