The CA Common Proficiency Test (CPT) was the entry-level examination for Chartered Accountancy in India, conducted by ICAI. It has been replaced by the CA Foundation course. CPT was a 200-mark objective exam covering Accounting, Law, Economics, and Math, typically held in June and December, requiring 50% to pass.
Key Aspects of CA CPT (Now Replaced):
- Replacement: The ICAI replaced CPT with the CA Foundation courseunder the revised education scheme.
- Subjects: The exam consisted of four sections: Fundamentals of Accounting, Mercantile Law, General Economics, and Quantitative Aptitude.
Structure:
- It was an objective-type examination with negative marking for incorrect answers.
- Eligibility: Students could register for CPT after passing class X, but could only appear after passing class XII.
- Purpose: Served as the gateway to the professional CA course.
Key Differences: CPT vs. CA Foundation
Frequency: CPT was held twice a year, while Foundation is held three times (May, September, January).
Passing Criteria: CPT required a 50% total score, while the Foundation requires 40% in each paper and 55% overall.
If you are looking to enter the CA profession, you must now register for the CA Foundation course through the ICAI official website