The Common Proficiency Test (CPT) 2014 is conducted by the
Council of the Institute Chartered Accountants of India (ICAI). The CPT
exam is expected to be held on 22 June in two sessions. The CPT exam
is held twice a year for admission to ICAI in the integrated
professional competence course, the entry level in becoming a Chartered
Accountant.
CPT consists of four subjects namely, Fundamentals of Accounting, Mercantile Laws, General Economics and Quantitative Aptitude.
Eligibility:
The registration begins after class 10th although exams can be given only after 10+2. Validity for CPT registration is 3 years, after which revalidation can be made.
1. First session: Morning session
10:30 am to 12:30 pm -(Section A-Fundamental of Accounting)- 60 Marks
- (Section B- Mercantile Laws) - 40 Marks
2. Second session: Afternoon session
2pm to 4 pm -(Section C- General Economics) - 50 Marks
- (Section D- Quantitative Aptitude) - 50 Marks
Applications:
Applications for admission to CPT is required to be made in the relevant prescribed form as contained in the information brochure, which can be obtained from the additional secretary (Examinations), The Institute of Chartered Accountants of India, ICAI Bhawan, Indraprastha Marg, New Delhi- 110002 on payment of Rs1000/- (500/- towards examination fee and 500/- towards cost of application form and information brochure) per application form.
CPT forms, duly filled, should be sent to the Additional Secretary (Examinations) at New Delhi latest by 25 April. Applications received after 25 April will not be taken into consideration.
Applications, duly filled, will be received by hand delivery at the offices of the institute at New Delhi and at the decentralized offices of the institute at Mumbai, Chennai, Kolkata, Kanpur, Ahmedabad, Bangalore, Jaipur, Hyderabad and Pune upto 25 April.
The candidates who will up the examination application online between 4 April to 25 April and remit the fee online by using either VISA or MASTER Credit/ Debit card, shall not be charged 500/-
The aforesaid CPT is open only to the students registered with the ICAI for the common proficiency course on or before 1 April and fulfill their requisite eligibility conditions.
Paper pattern:
It is a 200 marks exam. The paper consists of Multiple Choice Questions (MCQ). Negative marking will exist. 25% marks will be deducted for every wrong answer.
Passing criteria:
To qualify a CPT exam, the candidate must obtain a minimum of 30% marks in each subject.
Important dates:
CPT consists of four subjects namely, Fundamentals of Accounting, Mercantile Laws, General Economics and Quantitative Aptitude.
Eligibility:
The registration begins after class 10th although exams can be given only after 10+2. Validity for CPT registration is 3 years, after which revalidation can be made.
1. First session: Morning session
10:30 am to 12:30 pm -(Section A-Fundamental of Accounting)- 60 Marks
- (Section B- Mercantile Laws) - 40 Marks
2. Second session: Afternoon session
2pm to 4 pm -(Section C- General Economics) - 50 Marks
- (Section D- Quantitative Aptitude) - 50 Marks
Applications:
Applications for admission to CPT is required to be made in the relevant prescribed form as contained in the information brochure, which can be obtained from the additional secretary (Examinations), The Institute of Chartered Accountants of India, ICAI Bhawan, Indraprastha Marg, New Delhi- 110002 on payment of Rs1000/- (500/- towards examination fee and 500/- towards cost of application form and information brochure) per application form.
CPT forms, duly filled, should be sent to the Additional Secretary (Examinations) at New Delhi latest by 25 April. Applications received after 25 April will not be taken into consideration.
Applications, duly filled, will be received by hand delivery at the offices of the institute at New Delhi and at the decentralized offices of the institute at Mumbai, Chennai, Kolkata, Kanpur, Ahmedabad, Bangalore, Jaipur, Hyderabad and Pune upto 25 April.
The candidates who will up the examination application online between 4 April to 25 April and remit the fee online by using either VISA or MASTER Credit/ Debit card, shall not be charged 500/-
The aforesaid CPT is open only to the students registered with the ICAI for the common proficiency course on or before 1 April and fulfill their requisite eligibility conditions.
Paper pattern:
It is a 200 marks exam. The paper consists of Multiple Choice Questions (MCQ). Negative marking will exist. 25% marks will be deducted for every wrong answer.
Passing criteria:
To qualify a CPT exam, the candidate must obtain a minimum of 30% marks in each subject.
Important dates:
- CPT application form submission: 4 April to 25 April
- CPT 2014 exam date: 22 June
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