CPT is an entry level test for Chartered Accountancy Course. Student after passing class 10thexamination conducted by an examining body constituted by law in India or an examination recognized by theCentral Government as equivalent thereto. Students can appear in the CPT after appearing in the seniorsecondary (10+2) examination conducted by an examining body constituted by law in India or an examinationrecognised by the Central Government as equivalent thereto. Students after registration to the course arerequired to complete specified period (i.e. 60 days) from the date of registration to as on the first day of themonth in which examination is to be held, i.e., students registered on or before 1st April/1st October will beeligible to appear in June/ December examination, as the case may be.
Students who are Graduates/ Post Graduates with prescribed percentage marks or its equivalent gradein the examination conducted by any recognized University (including Open University) or Intermediate levelexamination passed students of The Institute of Cost Accountants of India or The Institute of CompanySecretaries of India are exempted from passing CPT. Such students on fulfilling the requirements can registerdirectly to Intermediate (IPC) course.
Common Proficiency Test comprises of four subjects i.e., Accounting, Mercantile Laws, GeneralEconomics and Quantitative Aptitude. The Common Proficiency Test (CPT) is of 200 marks. This test is dividedinto two sessions of two hours each. CPT is an objective type test with negative marking.
Common Proficiency Test (CPT) examinations are held twice a year in the months of June andDecember.After getting registered for CPT course, students are also required to fill in separateapplication form for appearing in CPT examination.Common Proficiency Course (CPC) registration is valid for 3 years and can be revalidated any numberof times for further 3 years period by paying revalidation fee.
Section A: Fundamentals of Accounting (60 Marks)
Section B: Mercantile Laws (40 Marks)
Section C: General Economics(50 Marks)
Section D: Quantitative Aptitude(50 Marks)
As per amended Regulations to the Chartered Accountants Regulations 1988 vide Notification No. 1-CA(7)/ 145/2012 dated August 1, 2012, a CPT candidate shall be declared to have passed the test if he obtains at one sitting a minimum of 30% marks in each section and a minimum of 50% marks in aggregate of all thesections, subject to the principle of negative marking.