Chartered Accountant Common Proficiency Test
The Chartered Accountant Common Proficiency Test has to be cleared to enter the entry level i.e. the first level at which a student can start pursuing the Chartered Accountancy (professional accounting) course.It is conducted by the Institute of Chartered Accountants of India (ICAI) for admitting students to the Chartered Accountancy course.
Test Format "It is an objective type examination and consists of 200 multiple choice questions.
CPT covers four basic subjects divided into two sections viz.
1.Accounting (60 Marks) + Mercantile Laws (40 Marks)
2.Economics (50 Marks) + Quantitative Aptitude (50 Marks)
Every incorrect answer on the CPT exam carries a 0.25 negative mark. A candidate is required to secure a minimum of 30 per cent marks in each Section and a minimum of 50 per cent marks in aggregate, in all the four Sections to pass the Common Proficiency Test."
You must have passed 10+2 examination or equivalent from a recognized institution. You must be registered for the Common Proficiency Test with the Board of Studies of the Indian Chartered Accountancy of India (ICAI). Even if you have already registered for the Professional Course, you are eligible for appearing in this test
The CPT (Common Proficiency Test) is an objective type examination of 4 hours duration divided into 2 sessions of 2 hours each. The total marks for the test is 200.
|SESSION I (Two Sections: Two hours 100 Marks)|
|Section A: Fundamentals of Accounting||60 Marks|
Section B: Mercantile Laws
|SESSION II (Two Sections: Two hours 100 Marks)|
|Section C:||General Economics (50 Marks) (buy Economics Class 12 CD)|
|Aptitude (50 Marks)|
There are multiple choice questions with negative marking for incorrect answers. To clear the CPT, a student has to obtain a total of 50% marks in all the papers together.The admission requirements for the second level of the course i.e. PCC (Professional Competency Course) require that the student should have qualified in the CPT. This level is thus the entry level for all the students including graduates."
CPT Fee Structure for Indian and Nepali(Amt in Rs.)
- Cost of CPT Prospectus 100/-
- CPT Registration Fee 6000/-
- CPT Exam Fee 500/- (Centers in India), 600/- (in case candidates chooses center in Nepal)
- Total 6600/-(Minimum)
- Subscription for Student Journal 200/-
- Subscription for Members 400/-
- CPT Fee Structure for Abu Dhabi(UAE), Bahrain, Doha(Qatar),
- Dubai(Amt in US $)
- Cost of CPT Prospectus 10/-
- CPT Registration Fee 350/-
- Total 360/-
- Subscription for Student Journal 25/-
- Subscription for Members 50/-"
Time of Conduct
Twice in a year(June & December)
4 Hours 4 hours
Test Materials are always available on the internet, coaching institutes,etc.