Council of the Institute Charted Accountants of India conducts Common Proficiency Test (CPT) every year. The test consists of two stages: i) First Session (i.e Morning Session): 10:30 A.M to 12:30 PM which includes the Section A and Section B which is Fundamentals of Accounting and Mercantile Laws respectively. The second session begins at 2 PM to 4PM which includes Section C- General Economics and Section D – Quantitative Aptitude.
An entry-level test for the post of CA, which happens twice a year, i.e June and December for the students who have registered for the Common Proficiency Course. (CPC).
There are four subjects: Accounting, Mercantile Laws, General Economics and Quantitative Aptitude with a main focus to test the knowledge and skills of the students. The method of the questionnaire is objective and for every wrong answer there is negative marking.
Maximum marks of the test- 200