The full meaning of cpt is the Common Proficiency Test. This is an entry-level test conducted by the Institute of Chartered Accountants for entrance to the coveted CA courses across the country. The CPT test has been recently changed to the CA foundation test under ICFAI’s revised guidelines.
Anybody can register for the ICFAI CPT test after completing Class X and take the exam after passing out in Class XII. Earlier the examination used to be an objective one but now it has been replaced by a blend of both subjective and objective papers.
Registration and Eligibility Criteria for CPT
As pointed out earlier, a student can register for the CPT test after Class X. However, he can sit for the exam only after clearing his Class XII exams. Students registering between 1st April can sit for the upcoming exams in June. Students while registration up to 1st Oct but after April 1st can appear for the December slot.
A student seeking admission to the CPT course needs to fill out an application form. He can download the application form online and submit after remitting Rs 100. Alternatively, the application form can be found in the prospectus itself after depositing the required fees offline.
The registration and tuition fees amount to Rs 6000 that needs to be submitted along with the application form. A copy of the prospectus and the study materials will be dispatched to the students. The initial registration for CPT is valid for 3 years and you can renew it for Rs 300.
The Registration Form Should Contain the Following Items:
Proof of date of birth
Class X mark sheet, admit card and pass certificate duly attested by a gazette officer or head of your institute
Class X mark sheet, admit card and pass certificate duly attested by a gazette officer or head of your institute
Proof of citizenship in case of foreign student
Proof of residency like aadhar card, voter card or driving license
Proof of caste if belonging to a specially-abled category or SC, ST, and OBC
Syllabus for CPT Exam
The cpt abbreviation stands for a common proficiency test and is known as a tough exam to crack. The students are advised to go through each chapter of the syllabus with care.
The test is conducted in two sessions of 2 hours duration:
Session 1 – Two Sections, 100 marks
Fundamentals of Accounting (60 marks)
Mercantile Laws (40 marks)
Session 2 – Two Sections, 100 marks
General Economics (50 marks)
Quantitative Reasoning (50 marks)
Chartered Accountancy is a coveted profession and CPT is the gateway to it. The government is entrusting the members with increasing responsibilities of economy management and cost calculation. So, if a graduate wants to deliver results for their country it’s the perfect profession for him. CPT-CA exam will pave the way for a brighter future and increase respect.
FAQs on CPT Full Form
1. When are the CPT Exams Held?
CPT full form is the Common Proficiency Test which is held twice a year in June and December. A recent directive from the Ministry of Company Affairs suggested the exam be held in May and November.
2. Is the Exam Tough?
The CPT exam is considered extremely difficult but you can master it with practice. The journey will be a long haul so mentally prepare yourself to embrace the challenges. There is no need for coaching during the entrance exam but students are advised to study in a planned manner.
3. Is Mathematics Compulsory for CA?
Mathematics is not a compulsory subject for appearing in the CPT exam. But it is advisable to have a basic understanding of Mathematics discipline.
