The Common Proficiency Test (CPT) is scheduled to take place on December 14, 2014. The examination will take place in two sessions i.e. first session from 10:30 am to 12:30 pm and second session will be held from 2 pm to 4 pm. The morning session will consist of Section A (Fundamentals of Accounting) and Section B (Mercantile Laws) and the afternoon session will have Section C (General Economics) and Section D (Quantitative Aptitude).
The application for admissions is contained in the information brochure and can be obtained from the "Additional Secretary (Examinations),
The Institute of Chartered Accountants of India,
ICAI Bhawan, Indraprastha Marg,
New Delhi - 110002".
The information brochure can be obtained from October 7 for a payment of Rs 1, 000.
The application process will continue till October 28.
Common Proficiency Test will be an objective-type, multiple-choice, questions-based examination. Candidates will be allowed to opt for Hindi medium question paper booklet for answering the questions. Detailed information will be found given in the information brochure.
Clearing the Common Proficiency Test (CPT) is the first step to Chartered Accountancy. It is held twice a year in June and December by the Institute of Chartered Accountants of India (ICAI) and takes place in two sessions carrying 100 marks each on a single exam date. To be considered as having cleared CPT, it's necessary for the candidate to score minimum 30 per cent in each individual section and 50 per cent aggregate overall in spite of negative marking.
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