Friday, 8 March 2013

CPT ENTRANCE COACHING

It is an entry level test for Chartered Accountancy Course. It is a test of four subjects i.e. Accounting, Mercantile Laws, General Economics and Quantitative Aptitude. This test is of 200 marks. This test is divided into two sessions of two hours each
• A Simplified Entry to the Chartered Accountancy Course
• CPT will replace existing Professional Education (Course-I) which requires 10-month study period followed by an exhaustive theoretical examination.
• CPT is an objective type test to be held every February, May, August and November. This will reduce long waiting for entry to the chartered accountancy education and training.

Common Proficiency Test will be an objective type multiple choice 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. 
What is the eligibility for appearing in the examination?
A registered student may appear in Common Proficiency Test after he has appeared in the Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognised by the Central Government as equivalent thereto and has complied with such requirements as may be specified by the Council from time to time. 

CPT Exam details 
Section A: Fundamentals of Accounting (60 Marks)
Section B: Mercantile Law (40 Marks)
Section C: General Economics (50 Marks)
The qualifying marks is 50%. A student has to remember that CPT is an objective type test with a negative 

After passing CPT and 10+2 standard conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto may join the Chartered Accountancy Course.

Education of Chartered Accountancy is divided into two levels:
• Professional Competence Course
• Final Course
There is a concurrent articled training of 3 ½ years. After passing CPT and 10+2 standard examination as stated above, a student has to take admission to Professional Competence Course and simultaneously register for articled training. Detailed scheme of education and training of chartered accountancy is separately available in the website. Also you may procure a prospectus on payment of Rs. 100 plus courier charges of Rs. 15 for Delhi and Rs 25 for rest of India . 
A student residing abroad may obtain the prospectus on payment of US $ 10 plus applicable postage charge.marking which will indicated in the question paper for selecting wrong option. 

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