CA CPT – Chartered Accountants Common Proficiency Test
In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to notify that the Common Proficiency Test will be held on Sunday, 22nd June, 2014 in two sessions as below, at the following centres provided that sufficient number of candidates offer themselves to appear from each centre.
[This Common Proficiency Test will be conducted as per provisions of Regulation 25 D (3) of the Chartered Accountants Regulations, 1988.]
The CA course curriculum is of high standard and a judicious mix of theory and practice. One of the areas of the highest considerations for the ICAI is strengthening the educational base of the students, especially in view of the changing dynamics of the global business environment. This also casts moral responsibility on the students to work hard. This century is slated to be a century of knowledge, quality and excellence. Survival of the fittest is the norm rather than exception.
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- Notification, Dates and Schedule
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About the Course
CPT is an entry level test for Chartered Accountancy Course. Student after passing class 10th
examination conducted by an examining body constituted by law in India or an examination recognized by the
Central Government as equivalent thereto. Students can appear in the CPT after appearing in the senior secondary (10+2) examination conducted by an examining body constituted by law in India or an examination recognised by the Central Government as equivalent thereto. Students after registration to the course are required to complete specified period (i.e. 60 days) from the date of registration to as on the first day of the month in which examination is to be held, i.e., students registered on or before 1st April/1st October will be eligible to appear in June/ December examination, as the case may be.
Students who are Graduates/ Post Graduates with prescribed percentage marks or its equivalent grade in the examination conducted by any recognized University (including Open University) or Intermediate level examination passed students of The Institute of Cost Accountants of India or The Institute of Company Secretaries of India are exempted from passing CPT. Such students on fulfilling the requirements can register directly to Intermediate (IPC) course.
About the Test
Common Proficiency Test comprises of four subjects i.e., Accounting, Mercantile Laws, General Economics and Quantitative Aptitude. The Common Proficiency Test (CPT) is of 200 marks. This test is divided into two sessions of two hours each. CPT is an objective type test with negative marking.
Common Proficiency Test (CPT) examinations are held twice a year in the months of June and December. Examination Department issues notifications/announcement regarding conduct of Common Proficiency Test (CPT) in June and December every year in the months of February/August respectively on Institute’s website www.icai.org/Newspapers. The said notification contains the proposed Examination Centres, in India and abroad. After getting registered for CPT course, students are also required to fill in separate application form for appearing in CPT examination.
Common Proficiency Course (CPC) registration is valid for 3 years and can be revalidated any number of times for further 3 years period by paying revalidation fee of Rs. 300/- or as decided by the Council from time to time.
Passing criteria in CPT
As per amended Regulations to the Chartered Accountants Regulations 1988 vide Notification No. 1- CA(7)/ 145/2012 dated August 1, 2012, a CPT candidate shall be declared to have passed the test if he obtains at one sitting a minimum of 30% marks in each section and a minimum of 50% marks in aggregate of all the sections, subject to the principle of negative marking.
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