Do you know what is the CPT Full Form? The CPT Full Form Stands for Common Proficiency Test. The Institute of Chartered Accountants of India holds an entry-level test for students who wish to join the Chartered Accountancy program. CA-CPT is another name for it. But recently under the revised guidelines of ICFAI, the CPT test has been changed to CA Foundation Test. To become an ICAI member (Institute of Charted Accountants of India), you must require passing the CPT examination.
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What is the Full Form of CPT?
In English, the CPT stands for Common Proficiency Test and In Hindi, the CPT Full Form is सामान्य प्रवीणता परीक्षा.
Qualification Requirements for CPT
These are the following eligibility criteria for the CPT exam:
- A candidate who has passed class 10th can enroll himself in the Institute of Chartered Accountants of India.
- But if the candidates want to take the CPT exam then they must have at least 12th level or equivalent study from a recognized university and a higher degree like B.Com, M.Com, LLB, ICWA, CS, and MBA.
- When the applicant submits the completely filled application form, it includes the payment of the CA CPT Registration fee and tuition fee (the registration fee and tuition fee are 6000 RS).
- The application form can download from the official website of ICAI. And the application form fee is 600 RS. The Application form required this essential information from an eligible candidate:
- Identity of Date of Birth
- Class 10th mark sheet, admit card and passing certificate attested by gazetted officer or head of your institution
- In the case of foreign students, proof of citizenship
- Aadhar card, voter card or driving license to proof of identity residence
- Caste proof if related to a specially-abled class or SC, ST and OBC
CPT Syllabus and Exam Pattern
The syllabus should be read carefully from beginning to end by the participants. The test is administered in two sessions, each lasting two hours (a total of 4 hours). The CPT exam is an objective test with 4 subjects, which include:
| Section 1 | ||||
| Paper | Marks | Exam Duration | Negative Marking | Exam Mode |
| Fundamentals of Accounting | 60 | 2 hours (Both Paper) | No negative Markings on paper 1 | Offline |
| Mercantile Laws | 40 | No negative Markings on paper 2 | Offline |
| Section 2 | ||||
| Paper | Marks | Exam Duration | Negative Marking | Exam Mode |
| General Economics | 50 | 2 hours (Both Paper) | Negative marking of 0.25 marks for each incorrect answer | Offline |
| Quantitative Aptitude | 50 | Negative marking of 0.25 marks for each incorrect answer | Offline |
Brief knowledge of the CA CPT Exam
As you know that CPT full form is the Common Proficiency Test and it is one of the tough exams to become a member of ICAI. So the candidate must have complete knowledge of CPT to crack the exam in one shot and so here we are providing useful information about CPT to the readers:-
Every year, the CPT exam is conducted on Sundays in the month of June and December. To be eligible to take the CPT exam a student must be enrolled for the CPT course with the Board of Studies of the Institute before 1st April for the June exam and before 1st October for the December exam.
The applicant must have passed the 12th class examination or earlier emerged in the 12th class examination of any recognized board. Examination forms can be obtained from any Regional/Branch Office of the Institute in the country for a fee of Rs 400 (including examination fee) in the first week of April for the June examination and in the first week of October for the December examination.
How to Choose Language in CPT EXAM?
Candidate has the proficiency to choose question papers booklet in Hindi or English language as a medium. But in the case of the answer sheet candidates have only the English language option; they cannot make changes in it.
Within two weeks of the results being announced, a result card is given to each student who has taken the CPT exam. Along with this, the pass certificate is not given to the students who pass the CPT.
What is the Merit System in CA CPT Exam?
Candidates who score 70% and above marks, those are gained Distinction by passing the exam. And the students who obtained at least 60% of the required marks in the order of merit up to 10th rank are issued the Merit Certificate.
What is the Rechecking Procedure for CPT Exam?
When a candidate is not satisfied with his/her exam result they have the chance to recheck the answer sheet again under Regulation 39(4) of the CA Regulations 1988 within a month of the duration of the exam result. But the candidate first needs some verification and required fees for this procedure. The following documents require to fill out the rechecking form:
- A recheck request with his/her signature along with a fee of Rs 200/-
- The request should be sent along with necessary documents through Demand Draft in favour of the Secretary, ICAI, and New Delhi payable at.
While every effort is made to notify the student of the findings of the verification within 3-4 weeks of receipt of the student’s request letter, there is no guarantee that this will happen.
FAQ- What Is The CA CPT Full Form
What is the full form of CPT?
The CPT Full Form is the Common Proficiency Test.
What is the Common Proficiency Test (CPT)?
CPT is an entry-level exam conducted by the Institute of Chartered Accountants of India (ICAI) for aspiring Chartered Accountants. It is held twice a year in June and December.
What is the CA CPT Exam Full Form?
The CA CPT Exam Full Form is the Common Proficiency Test.
What are the eligibility criteria for appearing in CPT?
To be eligible to appear in CPT, a candidate must have completed a 10+2 or an equivalent degree.
What is the syllabus of CPT?
The CPT syllabus consists of four sections: Fundamentals of Accounting, Mercantile Laws, General Economics and Quantitative Aptitude.
What is the duration of CPT?
The CPT exam is conducted for a duration of four hours.
What is the marking scheme for CPT?
The CPT exam is an objective-type test consisting of 200 multiple-choice questions. Each question carries 1 mark and there is a negative marking of 0.25 marks for each wrong answer in papers 3rd and 4th.
How can I apply for CPT?
Candidates can apply for CPT through the website of ICAI. The application process is online and candidates can make the payment through credit/debit card or net banking.
How do I prepare for CPT?
For CPT preparation, candidates can refer to ICAI study material and practice through mock tests and previous year question papers.
What is the fee for CPT?
The CPT registration fee and tuition fee are Rs 6000.
In which month CPT exam is conducted?
In June and December, CPT exams are conducted on Sundays.
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