Coaching for CPT Exam

It is a kind of entrance level objective test for Chartered Accountancy module.. It is a test of four subjects i.e. Accounting, Mercantile Laws, General Economics in addition to Quantitative Aptitude. This exam comprises of two hundred marks. This test is separated into 2 sessions of 2 hours each. This is kind of entry into the CA Course. Once you are done with this stage you can very well advance to the subsequent levels. The arrival of CPT exam is done with the intention of replacing PE-1 level which had many demerits associated with it like for example far-reaching conjectural exam. Based on many competitive exams this is a multiple choice questions test that is conducted by ICAI in the months of February, May, August and November. This has condensed protracted looking for admission to the CA learning in addition to preparation. Common Proficiency Test will be an objective type's multiple-choice based exam. Candidates will be permitted to decide on for Hindi medium Question Paper Booklet for replying to the problems asked in the paper. For extensive as well as comprehensive information students can visit the website or see it in brochure obtainable from any office of the ICAI. On the subject of eligibility criteria a listed learner may emerge in Common Proficiency Test subsequent to he has attempted as well as cleared in the Senior Secondary Examination (10+2 examination) carried out by an board body constituted by law in India or an examination recognized by the GOI as corresponding thereto in addition to has collected with such requirements as may be mentioned by the Council from time to time.

Format of a CPT Exam

1. Section A: Fundamentals of Accounting (60-Marks)

2. Section B: Mercantile Law (40-Marks)

3. Section C: General Economics (50-Marks)

The passing marks is 50%. A student has to keep in mind that CPT is an purpose type test with a off-putting marking which will indicate in the question paper for selecting incorrect option. After passing exam in addition to 10+2 customary conducted by an governing body established by law in India or an examination recognized by the Central Government as equivalent thereto may adhere the Chartered Accountancy Course.

Education of Chartered Accountancy is separated into two levels:

1. Professional Competence Course
2. Final Course

There is a simultaneous articled training of 3.5 years. After getting qualified in CPT in addition to 10+2 standard examination as stated above, a student has to take admittance to Professional Competence Course plus simultaneously list for articled training. Detailed scheme of education furthermore training of chartered accountancy is disjointedly accessible in the website.