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The CA-CPT is an entry-level exam for aspiring Chartered Accountants, conducted by ICAI twice a year in June and December. This exam is a prerequisite for joining the CA-Integrated Professional Competence Course, consisting of four sections with no age limit or minimum percentage requirement. Eligibility criteria include a 10+2 degree and registration with ICAI. Prepare with this comprehensive guide!
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Introduction • The CA – CPT (Chartered Accountant – Common Proficiency Test) is an entry level examination to begin the Chartered Accountancy (professional accounting) course. • The CA – CPT is for those students who wish to join the CA – Integrated Professional Competence Course straight after school . • It is a compulsory exam for all non – graduate students who want to become Chartered Accountants.
The CA – CPT is conducted by the Institute of Chartered Accountants of India (ICAI). • one of the most widely attempted examinations of the country. • It is usually conducted twice a year, in the months of June and December. • The main CA – Professional Accounting Course can be divided into 3 sub – courses that include the Common Proficiency Course, the Integrated Professional Competence Course and the CA Final Course.
Eligibility Criteria • 10+2 degree from a recognized school/university. • The candidate should be registered with the ICAI for the Common Proficiency Course. • There is no age limit or minimum percentage requirement for this exam.
Exam Pattern • Consists of four sections: Fundamentals of Accounting, Mercantile Laws, General Economics and Quantitative Aptitude. • The paper is of 200 marks and is conducted in two 2-hour sessions of 100 marks each. • There is a break of 1 and a half hours between the two sessions. • The test comprises of objective type questions in multiple choice format. • Each question carries one mark and has four options with only one correct answer.