what is the process of Common Proficiency Test (CPT) ?

How to Join CPT?

A student who has passed the class 10 examination conducted by an examining body constituted by law in India or an examination recognised by the Central Government as equivalent thereto can join the CPT after registration.

The Fees for Registration

The registration fees are Rs. 1,500, which is to be paid along with a filled in application form.

Registration for CPT

A student should register with the Board of Studies by submitting the prescribed form, which can be obtained from offices of the Institute. The form can also be downloaded from the website http://www.icai.org.

The subjects to be studied

Session-I (Two Sections-Two hours-100 Marks)

* Section A: Fundamentals of Accounting (60 Marks)

* Section B: Mercantile Law (40 Marks)

Session-II (Two Sections-Two hours - 100 Marks)

* Section C: General Economics (50 Marks)

* Section D: Quantitative Aptitude (50 Marks)

Check out Common Proficiency Test (CPT) Preparation Book containing objective and Descriptive Questions as per latest Syllabus

The Eligibility for Appearing in the CPT

A registered student may appear in CPT after appearing in the Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto.

Application for Appearing in the Examination

A student has to apply in the prescribed form along with the examination fee of Rs. 300 within the stipulated period. Examination forms will be available at different offices and branches of the Institute.

The Qualifying Marks

The qualifying marks are 50%. A student has to keep in mind that CPT is an objective type test with negative marking as will be indicated in the question paper for selecting the wrong option.

The Next Step after Passing CPT

After passing CPT and 10+2 examination, a student may join the Chartered Accountancy Course which is divided into following two levels and undergo practical training for 3 ½ years:

* Professional Competence Course.

* Final Course.

For further details, logon to Common Proficiency Test (CPT)

Common Proficiency Test (CPT) Complete Guide

Common Proficiency Test (CPT) is an entry level test for Chartered Accountancy Course. It is a test of four subjects i.e. Accounting, Mercantile Laws, General Economics and Quantitative Aptitude. Other Details included are Career Options for Chartered Accountants, eligibility, Sample Questions, CPT Syllabus and Important Dates for 2007-2008

Details

Common Proficiency Test (CPT)

CA-CPT Question Paper Leaked - Test Cancelled

Test will now be held on August 26, Sunday

Institute of Chartered Accountants of India (ICA) cancelled the Common Proficiency Test (CPT) as the paper had leaked. Now the Test will be held on August 26, ICAI president Sunil Talati said.

The common proficiency test (CPT) conducted by the Institute of Chartered Accountants of India (ICAI) today morning was cancelled later in the day owing to a paper leak at two examination centres.

Nearly 82,000 students appeared at the examination across 209 centres in India and also in Kathmandu and Dubai.

This is for the first time that the CA paper had leaked in its history of 57 years. There are two papers in the test which began at 9 am. However, a channel started showing papers at 8.45 am. The test is for entrance for the CA studies and is held after HSC.

CPT is the entrance examination for those aspiring to be chartered accountants and is conducted by the ICAI, the regulatory body for the profession. Leak of the question paper of one of the toughest exams in the country had created panic among examinees in the morning.