The Common Proficiency Test (CPT) is scheduled to take place on
December 14, 2014. The examination will take place in two sessions i.e.
first session from 10:30 am to 12:30 pm and second session will be held
from 2 pm to 4 pm. The morning session will consist of Section A
(Fundamentals of Accounting) and Section B (Mercantile Laws) and the
afternoon session will have Section C (General Economics) and Section D
(Quantitative Aptitude).
The application for admissions is
contained in the information brochure and can be obtained from the
"Additional Secretary (Examinations), The Institute of Chartered
Accountants of India, ICAI Bhawan, Indraprastha Marg, New Delhi -
110002".
The information brochure can be obtained from October 7 for
a payment of Rs 1, 000. The application process will continue till
October 28.
Common Proficiency Test will be an objective-type,
multiple-choice, questions-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.
Clearing the Common Proficiency Test (CPT) is the first
step to Chartered Accountancy. It is held twice a year in June and
December by the Institute of Chartered Accountants of India (ICAI) and
takes place in two sessions carrying 100 marks each on a single exam
date. To be considered as having cleared CPT, it's necessary for the
candidate to score minimum 30 per cent in each individual section and 50
per cent aggregate overall in spite of negative marking.
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