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NARROW SEARCH

Vision
To build an arena for global business and professional education.
Mission
Mission is to give quality education at affordable rates.


COMMON PROFICIENCY TEST is an entry level examination for admission to the Chartered Accountancy Course. CPT is an objective test, with questions covering accountancy, mercantile law, economics and quantitative techniques. Exams will be held twice a year. The test will be of 4 hours duration divided into 2 sessions of 2 hours each. Each session consists of two sections with a total of 100 marks. CPT is a multiple choice examination with negative marking for selecting wrong option which will be indicated in the question paper. To qualify the CPT, a student has to obtain an aggregate of 50% marks.

The objective of CPT is both to "catch them young" and "catch the cream." CPT is very popular as it is based on contemporary technique of entry-level test. Students can concurrently prepare CPT along with their 10+2 study,"

Eligibility

  • A student who has cleared the Class 10 examination conducted by an examining body constituted by law in India or (an examination recognized by the Central Government as equivalent thereto) can register for Common Proficiency Test

Passing Requirement

  • The qualifying mark is 50% aggregate. CPT is an objective type test with a negative marking for selecting wrong option.

Steps for obtaining the Membership

  • Enroll with the ICAI for Common Proficiency Test after passing Class 10 examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent to.
  • Appear CPT examination 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 and after completion of specified period (i.e. 60 days) from the date of registration for CPT prior to the first day of the month in which examination to be held with the Board of Studies
  • Join PCC, articled training and register for 100 hours ITT after passing CPT .
  • Undergo 100 hours ITT on completion of three months of articled training.
  • Appear in Professional Competence Examination (PCE) If
    • • Worked for not less than fifteen months as an articled assistant and
    • • Completed 100 hours ITT
    • Eight months of audit training is treated as equivalent to six months of articled training. Any fractional period of audit training less than eight months is not counted for this Purpose
  • Join CA Final course:
    • • After passing PCE register for Final course with the Board of Studies;
    • • Collect Study Materials of the Final Course and prepare for Final Examination
    • • May undergo General Management and Communication Skills Course while
    • • undergoing Final course; and
    • • Complete articled training of 3½ years
  • Appear in final examination on completion of the practical training
  • Pass Final examination and complete GMCS
  • Enroll for membership