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 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:
