Common Proficiency Test (CPT)
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Common Proficiency Test (CPT) is a centralized eligibility test to do CA course, which is conducted by Institute of Chartered Accountants of India (ICAI).
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The test is taken after 10+2 for admission into Chartered Accountancy course.
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The FOUR hour CPT test consists of objective questions covering on FUNDAMENTALS OF ACCOUNTS, MARCANTILE LAW, GENERAL ECONOMICS & QUANTITATIVE APTITUDE.
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The CPT test is divided in to TWO sessions; each session contains 100 objective questions.
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Session-I contains 100 objective questions; 60 from FUNDAMENTALS OF ACCOUNTS and 40 from MARCANTILE LAW. Each correct answer carries 1 mark, for every wrong answer ¼ mark will be deducted.
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Session-II contains 100 objective questions; 50 from GENERAL ECONOMICS and 50 from QUANTITATIVE APTITUDE. Each correct answer carries 1 mark, for every wrong answer ¼ mark will be deducted.
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CPT Registration fee will be Rs.6200/- should be paid in the form of DEMAND DRAFT of any Nationalized Bank, in favour of THE SECRETARY, ICAI, CHENNAI.
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The application and prospectus cost is Rs.100/- can be paid in cash.
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Examination frequency – twice a year – JUNE & DECEMBER every year.
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Last date for CPT Registration is - APRIL 4th for JUNE attempt and OCTOBER 4th for DECEMBER attempt.
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Examination fee is Rs.1000/- can be paid in cash between APRIL 4th and APRIL 25th for JUNE attempt; between OCTOBER 4th and OCTOBER 25th for DECEMBER attempt.
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Results will be announced in the last week of JULY for JUNE attempt and in the last week of JANUARY for DECEMBER attempt.