Education and Career Forum

Sir i have passed 12th std from, but i am doing b.com and i want doing cpt. How should i study and from which book?
Please give me advice .

The CPT exam is entry level for those students who want to make there career in Chartered Accountancy.The test consist of four subjects:
1.Accounting,
2.Mercantile Laws,
3.General Economics and
4.Quantitative Aptitude.

The total marks allotted to the test is 200 and it is dividedd into two session of two hours.

1. Obtain the registration form along with a propectus from the regional branch of ICAI at your city or from the head office.

2. You may also download registration form from the official website of ICAI.

Registration is done throughout the year.

The registration form can be submitted at the nearest regional branch or to the institutes offices as prescribed in the prospectus.

All The details regarding registration process, examination forms, etc. are available in the prospectus and will guide you at every stage.

You may also visit www.icai.org, the official website of ICAI to have all the information including the address of the regional offices, head offices etc.

You can apply for CPT online & offline.

• You can fill up the CPT 2011 examination application form online at http://icaiexam.icai.org
• You can also obtain the form from the following address:
  
  Additional Secretary (Examinations),
  The Institute of Chartered Accountants of India,
  ICAI Bhawan, Indraprastha Marg,
  New Delhi – 110 002.

Since you are currently pursuing the Bachelor of Commerce course, I will urge you not to start preparing for the Common Proficiency Test just yet. You should first complete graduation and then appear for Common Proficiency Test if required.

I say if required because the Bachelor of Commerce graduates are not mandatory to appear for the Common Proficiency Test. You can get direct admission for the IPCC under the scheme offered by ICAI.

This scheme is offered to all graduates. They are given exemption from appearing for Common Proficiency Test if they meet the following criteria.


Exemption Criteria

1. The candidate should have 55 percent marks in commerce graduation.

2. Candidate will need 60 percent marks in non commerce graduation.


Therefore you should try to pass the Bachelor of Commerce course with at least 55 percent marks. After which it will not be necessary to appear for the Common Proficiency Test.

However if you failed to do so then it would be necessary to appear for the CPT exam. There are basically 4 subjects that are divided into 2 groups. Both groups are of 100 marks. If you manages to score 30 percent marks in each group, you will clear the Common Proficiency Test.

The four subjects of Common Proficiency Test are:

1. Accounting,

2. Mercantile Laws,

3. General Economics

4. Quantitative Aptitude


Either way after completing the test or exemption you will take admission for IPCC. It also has two groups of tests. Once you have cleared the first group, it would become necessary to complete 3 years long articleship and only when 6 months are left to complete it, you can appear for the Final Examination.

SIR I HAVE BIOLOGY IN 12 CAN I COMMPIT CPT EXAM?