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About Common Proficiency Test (CPT)

About Common Proficiency Test (CPT)

Duration: 6 Month(s)

The CPT or Common Proficiency Test is the first level of Chartered Accountancy examinations in India.
 

Eligibility:-

A person can register for CPT after completing Grade 10 and take the exam after completing High School (Grade 12)
 

Test model:-

It is an objective type examination and consists of 200 multiple choice questions. CPT covers four basic subjects divided into two sections viz.

1.Accounting (60 Marks) + Mercantile Laws (40 Marks)
2.Economics (50 Marks) + Quantitative Aptitude (50 Marks).

Every incorrect answer on the CPT exam carries a 0.25 negative mark. A candidate is required to secure a minimum of 30 per cent marks in each Section and a minimum of 50 per cent marks in aggregate, in all the four Sections to pass the Common Proficiency Test

Exam Dates:-
CPT exams are held in June and December

Exemption:-
But with effect from 3rd Aug 2012, CPT is exempted for the Graduates, Post Graduates and the students having equivalent degrees. Commerce graduates with 55% and other graduates with 60% can take direct admission for IPCC.

Important links In Common Proficiency Test (CPT)