If you wish to be a part of the most trusted & respected profession – Chartered Accountant, then CPTExam is the 1st step towards it.

The complete Chartered Accountancy Course for becoming a Chartered Accountant is beautifully distributed at 3 levels of examination –

1. CA CPT – This is the entrance examination for CA
2. CA IPCC – This is the intermediate level examination
3. CA Final – This is the final level of examination

For taking up the CPT Examination, you need to fulfil the following –

1. Get yourself registered as a student with the Institute of Chartered Accountants of India (ICAI) for theCPC – Common Proficiency Course. You can get registered at any time after passing 10th examination. As such CPT is the name of the examination and the course in which you enrol for appearing in this exam is – CPC.
2. Appearing for the CPT Exam either on appearing or passing 10+2 examination

As such you can get yourself registered with the ICAI at any time after passing 10th examination but can appear for CPT Exam only on after appearing/ passing your 10+2 examination or equivalent examination.

Thus CPT is an entry level test for Chartered Accountancy Course.

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When is the CPT Exam conducted?

CPT Exam is held twice a year in June and December for registered students of Common Proficiency Course (CPC). It is a test of four subjects –

• Fundamentals of Accounting
• Mercantile Laws
• General Economics and
• Quantitative Aptitude
with an objective to test basic knowledge in these subject areas.

Students who get registered for CPT 60 days before the exam i.e. on 1st April and 1st October will be eligible for the exam that will be held on June and December respectively. Students can register online through www.icai.org website or go to the ICAI office for submitting the application form.

Students needed class 10-mark sheet and a copy of Birth certificate. The registration fee is INR 6100 that needs to be paid by way of DD in favor of “The Secretary, The Institute of Chartered Accountants of India”, payable at Mumbai / Chennai / Kolkata / Kanpur / New Delhi.

The CPT Exam will be held on 18th June 2017 for students registered for the CPC – Common Proficiency Course with ICAI up to 01st April 2017. Last CPT Exam was held on 18th December 2017 and results were declared on 17th January 2017.

Read – Complete Step by Step Process to Register for CPT Exam?

Read – CPT Success Stories of Koncept Students

CPT Exam Pattern -

CPT is an objective type test with negative marking. 
CPT test is for 200 marks and is bifurcated into two sessions of two hours each with a break in between. Right answer gives you 1 mark and wrong answer deducts 0.25 marks.

An aspirant needs to get a minimum of 30% marks in each section and a minimum of 50 %marks in average, in all the four sections to pass the CPT. As such both the conditions should be satisfied for you to succeed the CPT Exam, 30% in every individual subject and 50% overall.

Subjects to be studied in CPT are as follows

• SESSION – I ( Two Sections – Two hours – 100 marks )
  • Section A: Fundamentals of Accounting ( 60 marks )
  • Section B: Mercantile Laws ( 40 marks )
• SESSION – II ( Two Sections – Two hours – 100 marks )
  • Section A: Fundamentals of Accounting ( 60 marks )
  • Section B: Mercantile Laws ( 40 marks )

As mentioned above, to take up the CPT Exam you have to first get registered and then take up the CPT examination. As such there are 2 steps & separate fees for each step.

At the time of registration with the ICAI for CPC, you have to pay a Registration Fees. And for appearing in the Common Proficiency Test (CPT), you have to fill separate examination application form as per the Notification/Announcement issued by the Examination Division.

Read – Is CA Hard Work or Luck

No need for CPT, Direct Entry to IPCC -

In Nutshell, Commerce graduates with minimum 55 percent marks and other graduates with minimum 60% marks can get a direct admission into IPCC which is the 2nd level of CA (Chartered Accountancy).

In Broad manner, students who satisfy the following conditions are not required to give the CPT Exam & can directly enter the 2nd level of CA Course which is IPCC – (This is referred as the Direct Entry Route to the Chartered Accountancy Course)

1. Students who are Graduates/ Post Graduates in Commerce having secured in aggregate aminimum of 55% of the total marks or its equivalent grade in the examination conducted by any recognised University (including open University) by studying any three papers carrying a minimum of 50 marks in a semester/ year and cumulatively 100 or more marks over the entire duration of the concerned course out of Accounting, Auditing, Mercantile Laws, Corporate Laws, Economics, Management (including Financial Management), Taxation (including Direct Tax Laws and Indirect Tax Laws), Costing, Business Administration or Management 8 COMMON PROFICIENCY COURSE CHARTERED ACCOUNTANCY EDUCATION THAT EMPOWERS IN FINANCIAL WORLD
2. Accounting or similar to the title of these papers with different nomenclatures or other than those falling under Commerce stream having secured in aggregate a minimum of 60% of the total marks or its equivalent grade in the examination conducted by any recognized University (including Open University) and candidates who have passed the Intermediate level examination conducted by The Institute of Cost Accountants of India or by The Institute of Company Secretaries of India are exempted from qualifying Common Proficiency Test (CPT) and can register directly to Intermediate (IPC) Course.

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