1. #1
    Unregistered

    What is CPT Entrance exam? Why it is written? With whom should that exam to be written?

    Sir/madam
    What is CPT Entrance exam? Why it is written? With whom should that exam to be written?





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  3. #2
    Expert
    Join Date
    Jun 2010
    Posts
    6,639

    Re: What is CPT Entrance exam? Why it is written? With whom should that exam to be written?

    This is the Common Proficiency Test. This is an entry level examination which you need to attend if you want to enter in to the field of Chartered Accounting. ICAI conducts this exam in India. You can register for CPT after 10th class with the board of studies. You can complete your 12th class and the CPT at the same time. You can join for the IPCC after 12th class and get qualified in the group 1 of IPCC. After completion of this, you need to attend the practical training of 3 years. The successful completion of the practical training will help you to join for the final course.




  4. #3
    vipul sharma
    Join Date
    May 2011
    Location
    india
    Posts
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    Re: What is CPT Entrance exam? Why it is written? With whom should that exam to be written?

    CPT stands for Common Proficiency Test. This test is the gateway to
    study a course in Charted accountancy.The eligibility for CPT is that
    you must be a 10+2 pass in order to appear in this examination.

    The examination is generally held two times in a year in the months
    of June and December.

    The CPT is a objective type test with Negative marking applicable on
    wrong attempts. The test is of 200 marks and has four sections which
    are as follows :-

    A)Mercantile Laws,
    B)Quantitative Aptitude.
    C)General Economics
    D) Accounting

    The exam is held in two sessions of two hours each. Each session will
    be comprising of two subjects which are as follows:-

    Session 1
    -Fundamentals of Accounting of 60 Marks
    -Mercantile Laws of 40 Marks

    Session 2
    -General Economics of 50 Marks
    -Quantitative Aptitude of 50 Marks

    You will get compleate study material with mock test papers and practise
    papers from the ICAI.You will be required to score a minimum cutt off marks
    in order to clear this examination.The minimum passing marks is 100 out of 200.

    After 9 months from clearing CPT you will be eligible for taking the next
    exam which is the Integrated Professional Competence Course (IPCC).
    You can give CPT exam as soon as you finish your 12 th exam in the
    month of June.You can purusue a Bcom degree side by side along with you
    CA course. It would be better if you pursue this Bcom degree through a
    private course.

  5. #4
    luckyman
    Join Date
    Nov 2011
    Location
    Tamil nadu
    Posts
    644

    Thumbs up Re: What is CPT Entrance exam? Why it is written? With whom should that exam to be written?

    Hello friend,

    -->CPT Stands for Common Proficiency Test.

    -->It is the Entrance Exam for Charted Accountant(CA) Course.

    -->You should be 10+2 exam in any stream from any recognized University.

    -->NO percentage criteria is required for CPT Exam.

    -->NO Age limit.

    -->There is NO Restrictions on the number of attempts for this exam.

    -->The exams are available in two modes.They are

    Paper Pencil mode

    Online Mode

    -->The test is conducted two times in a year.

    June
    December.

    Exam Dates 2012 :-

    June exam date :- 03-06-2012

    Dec Exam date :- 02-12-2012

    prepare well

    For further details www.icai.org

    All the best.............

  6. #5
    VEENAMBRUTHA
    Join Date
    Jan 2012
    Posts
    829

    Re: What is CPT Entrance exam? Why it is written? With whom should that exam to be written?

    Quote Originally Posted by Unregistered View Post
    Sir/madam
    What is CPT Entrance exam? Why it is written? With whom should that exam to be written?
    CPT stands for Common Proficiency Test. This test is the gateway to study a course in Charted accountancy.The eligibility for CPT is that you must be a 10+2 pass in order to appear in this examination.



    CA CPT Eligibility :- A student who has passed Common Proficiency Test and Senior Secondary Examination (10+2 examination) conducted by an examination body constituted by law in India or an examination recognized by the Central Government as equivalent thereto and passed CPT may join the Professional Competence Course.

    Paper pattern:

    First Session (i.e. Morning Session):- 10.30 AM to 12.30 PM (IST)

    Section - A Fundamentals of Accounting
    Section - B Mercantile Laws


    Second Session (i.e. Afternoon Session):- 2.00 PM to 4.00 PM (IST)

    Section - C General Economics
    Section - D Quantitative Aptitude




    CA CPT Syllabus:-

    No. of papers:- One

    Duration:- Four years

    Marks:- 200

    Two Sections - Two hours - 100 Marks

    Section A:- Fundamentals of Accounting ( 60 Marks )
    Section B: Mercantile Law ( 40 Marks )
    Section C: General Economics ( 50 Marks )
    Section D: Quantitative Aptitude ( 50 Marks )


    Section A:- Fundamentals of Accounting:-

    Contents:-

    1. Theoretical Framework
    (i) Meaning and Scope of accounting
    (ii) Accounting Concepts, Principles and Conventions
    (iii) Accounting Standards concepts, objectives, benefits
    (iv) Accounting Policies
    (v) Accounting as a measurement discipline valuation principles, accounting estimates
    2. Accounting Process - Books of Accounts leading to the preparation of Trial Balance, Capital and revenue expenditures,
    Capital and revenue receipts, Contingent assets and contingent liabilities, Fundamental errors
    including rectifications thereof.
    3. Bank Reconciliation Statement
    4. Inventories- Basis of inventory valuation and record keeping.
    5. Depreciation accounting - Methods, computation and accounting treatment of depreciation, Change in depreciation
    methods.
    6. Preparation of Final Accounts for Sole Proprietors
    7. Accounting for Special Transactions
    (a) Consignments
    (b) Joint Ventures
    (c) Bills of exchange and promissory notes
    (d) Sale of goods on approval or return basis.
    8. Partnership Accounts - Final accounts of partnership firms Basic concepts of admission, retirement and death of a
    partner including treatment of goodwill.
    9. Introduction to Company Accounts- Issue of shares and debentures, forfeiture of shares, re-issue of
    forfeited shares, redemption of preference shares.


    Section B: Mercantile Law:-

    Contents:-

    1. The Indian Contract Act , 1872: An overview of Sections 1 to 75 covering the general nature of
    contract , consideration , other essential elements of a valid contract , performance of contract and
    breach of contract.
    2. The Sale of Goods Act, 1930: Formation of the contract of sale Conditions and Warranties
    Transfer of ownership and delivery of goods Unpaid seller and his rights.
    3. The India Partnership Act, 1932: General Nature of Partnership Rights and duties of partners
    Registration and dissolution of a firm.


    Section C: General Economics:-

    (I) Micro Economics
    1. Introduction to Micro Economics
    (a) Definition, scope and nature of Economics
    (b) Methods of economic study
    (c) Central problems of an economy and Production possibilities curve.
    2. Theory of Demand and Supply
    (a) Meaning and determinants of demand, Law of demand and Elasticity of demand -
    Price, income and cross elasticity
    (b) Theory of consumer s behaviour Marshallian approach and Indifference curve
    approach
    (c) Meaning and determinants of supply, Law of supply and Elasticity of supply.
    3. Theory of Production and Cost
    (a) Meaning and Factors of production
    (b) Laws of Production The Law of variable proportions and Laws of returns to scale
    (c) Concepts of Costs - Short-run and long-run costs, Average and marginal costs, Total,
    fixed and variable costs.
    4. Price Determination in Different Markets
    (a) Various forms of markets Perfect Competition, Monopoly, Monopolistic Competition
    and Oligopoly
    (b) Price determination in these markets.

    (II) Indian Economic Development
    5. Indian Economy A Profile
    (a) Nature of the Indian Economy
    (b) Role of different sectors Agriculture, Industry and Services in the development of the
    Indian economy, their problems and growth
    (c) National Income of India Concepts of national income, Different methods of
    measuring national income, Growth of national income and per capita income in
    various plans.
    (d) Basic understanding of tax system of India Direct and Indirect Taxation
    6. Select Aspects of Indian Economy
    (a) Population Its size, rate of growth and its implication for growth
    (b) Poverty Absolute and relative poverty and main programs for poverty alleviation
    (c) Unemployment Types, causes and incidence of unemployment
    (d) Infrastructure - Energy, Transportation, Communication, Health and Education
    (e) Inflation
    (f) Budget and Fiscal deficits
    (g) Balance of payments
    (h) External debts.
    7. Economic Reforms in India
    (a) Features of economic reforms since 1991
    (b) Liberalisation, Privatisation and Disinvestment
    (c) Globalisation.
    8. Money and Banking
    (a) Money Meaning and functions
    (b) Commercial Banks Role and functions
    (c) Reserve Bank of India Role and functions, Monetary policy.


    Section D: Quantitative Aptitude:-

    Contents:-

    1. Ratio and proportion, Indices, Logarithms
    2. Equations - Linear simultaneous linear equations up to three variables, quadratic and cubic equations in one variable, equations of a straight line, intersection of straight lines, graphical solution to linear equations.
    3. Inequalities - Graphs of inequalities in two variables - common region.
    4. Simple and Compound Interest including annuity - Applications
    5. Basic concepts of Permutations and Combinations
    6. Sequence and Series Arithmetic and geometric progressions
    7. Sets, Functions and Relations
    8. Limits and Continuity - Intuitive Approach
    9. Basic concepts of Differential and Integral Calculus (excluding trigonometric functions)
    10. Statistical description of data
    (a) Textual, Tabular & Diagrammatic representation of data.
    (b) Frequency Distribution.
    (c) Graphical representation of frequency distribution Histogram, Frequency Polygon, Ogive
    11. Measures of Central Tendency and Dispersion- Arithmetic Mean, Median Partition Values, Mode, Geometric Mean and Harmonic, Mean, Standard deviation, Quartile deviation
    12. Correlation and Regression
    13. Probability and Expected Value by Mathematical Expectation
    14. Theoretical Distributions - Biomial, Poisson and Normal.
    15. Sampling Theory - Basic Principles of sampling theory, Comparison between sample survey and complete enumeration, Errors in sample survey, Some important terms associated with sampling, Types of sampling, Theory of es timation, Determination of sample size.
    16. Index Numbers

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