The Common Proficiency Test (CPT) 2014 is conducted by the Council of the Institute Chartered Accountants of India (ICAI). CPT is conducted twice a year, in June and December. It also handles examinations relating to the post qualification courses for members.
Institute of Chartered Accountants of India website: http://icai.org
CPT Exam is for admission to ICAI in the integrated professional competence course, the entry level in becoming a Chartered Accountant.
CPT Exam June 2014:
1. First session: Morning session – 10:30 am to 12:30 pm
(Section A-Fundamental of Accounting)- 60 Marks
(Section B- Mercantile Laws) – 40 Marks
2. Second session: Afternoon session – 2pm to 4 pm
(Section C- General Economics) – 50 Marks
(Section D- Quantitative Aptitude) – 50 Marks
It is a 200 marks exam. The paper consists of Multiple Choice Questions (MCQ). Negative marking will exist. 25% marks will be deducted for every wrong answer.
Qualifying Marks in CPT:
To qualify a CPT exam, the candidate must obtain a minimum of 30% marks in each subject.
CPT – JUN 2014 Results:
Result of the Common Proficiency Test (CPT) held on 22 June, 2014 is likely to be declared on Wednesday, the 16th July, 2014.
CPT Results website: http://caresults.nic.in