CPT Coaching Classes

Dear students,

Here we have provided a links so that you can build your career. You can go to the websites provided by us.






Last date for CA CPT Registration/ Cutoff date for CPT June, 2015 Rgistration

Dear students,

If you want to appear for June 2015 CPT Exams you have to register CPT before 1st April 2015. In short last date for June 2015 CPT exam will be 31st March 2015.

CPT course has four subjects in which you must have to get at least 30% in all subject in order to pass the CPT exams, read more at http://www.cpt.co.in/ca-cpt-2014-2015-exam-dates-syllabus-application-form-pattern-notification-admit-card-and-preparation/

You can visit our full site at cpt.co.in .

CPT December 2014 Result

Dear students,
You have to enter your 6 digit roll number to check your CA CPT DECEMBER 2014 EXAM RESULTS of The Chartered Accountants Common Proficiency Test(CPT) to be checked online. The date of declaration of result has not yet been declared.


CA CPT December 2014 results will be declared approximately by the January 15,2015.
The notification regarding CPT Results will be declared and published by the institute a week before the declaration.

So all the very best for the results.

CA CPT Results 2014 – Dates announced by ICAI

The result dates of CA CPT December 2014 attempt students are announced.

CA Aspirants who appeared for their CPT exams – the common proficiency test can heave a sigh of relief as ICAI has announced the CA CPT Results 2014 Dates.

Both Hindi and english medium results will be declared around the 2nd or 3rd week of January 2015. Our sources tell us that it will ideally be around or on the day of Makar Sankranti 2015 – Wednesday, January 14.

The results date has been announced officially as 19th Jan 2015. Stay Tuned !

Last year for CA CPT December attempt 2013, the results were declared on 15th Jan 2014.

Candidates can login to http://caresults.nic.in/cpt/cpt_roll.asp to check their results.

Keep your 6 digit roll number, pin number or registration number. ready before you open the site. Punching in your numbers will show you your results.

Candidates should also take a print out and preserve for future reference.

Best of luck for your results and we are eagerly waiting to hear from you. Feel free to drop in your comments below.


CPT – Question Bank

CPT Question banks

Paper 1 : Fundamentals of Accounting


1) Financial statements do not consider
(a) Assets expressed in monetory terms
(b) Liabilities expressed in monetory terms
(c) Only assets expressd in non-monetory terms
(d) Assets and liabilities expressed in non-monetory terms

2)Which of the following is not sub-field of accounting?
(a) Management of accounting (b) Cost accounting
(c) Financial accounting (d) Book keeping

3) On 1st Jannuary, Sohan paid rent of rs.5000. This can be classified as
(a) An event (b) A transaction
(c) A transaction as well as event (d) Neither transaction nor an event

4)On March 31, 2011 after sale of goods worth rs. 2000, he is left with the
closing stock of rs. 10,000. This is
(a) An event (b) A transaction
(c) A transaction as well as event (d) Neither transaction nor an event

5) A purchased a car for rs. 5,00,000 making down payment of rs.1,00,000
and signing a rs. 4,00,000 bill payable due in 60 days. As a result of this
(a) Total assets increased by rs. 5,00,000
(b) Total liabilities increased by rs.4,00,000
(c) Total assets increased by rs. 4,00,000
(d) Total assets increased by rs. 4,00,000 with the corresponding increase
in liabilities by rs. 4,00,000

6)Mohan purchased goods for rs. 15,00,000 and sold 4/5th of goods
amounting rs. 18,00,000 and met expenses amounting rs. 2,50,000 during
the year ,2011. Which of the accounting concept was followed by him?
(a) Entity (b) Periodicity (c) Matching (d) Conservatism

7) Capital brought in by proprietor is an example of
(a) Increase in assets and increase in liability
(b) Increase in liability and decrease in assets
(c) Increase in assets and decrease in liabilities
(d) Increase in one asset and decrease in another asset

8) The concept of conservatismwhen applied to the balancesheet results in
(a) Understatement of assets (b) Overstatement of assets
(c) Overstatement of capital (d) None of the above

9) A proprietor , Mr.A has reported a profit of rs. 1,25,000 at the end of
financial year after taking into consideration the following amount:
(i) The cost of an assets of rs. 25,000 has been taken as an expense.
(ii) Mr. A is anticipating a profit of rs.10,000 on the future sale of a car shown
as an assetsin his books.
(iii) Salary of rs.7,000 payable in the financial year has not been taken into account.
(iv) Mr.A purchased an asset for rs. 75,000 but its fair value on the date of purchase
was rs. 85,000. Mr.A recorded the value of assets in his books by rs. 85,000.
On the basis of the above facts answer the following question from the given choices:

What is the correct amount of profit to be reported in the books?
(a) Rs. 1,25,000 (b) rs.1,35,000 (c) rs.1,50,000 (d) rs.1,33,000

10) Acconting policy for inventories from Xeta Enterprises states that inventories are
at the lower of cost determined on weighted average basis or not realisable value.
Which accounting principle is followed in adopting the above policy?
(a) Materiality (b) Prudence (c) Substance over firm (d) All of the above

11) Mohan purchase a machinery amounting rs.10,00,000 on April 1,2001. On 31st
March ,2011 similar machinery could be purchsed for rs.20,00,000 but the NRV
of the machinery purchased on 1.4.2001 was estimated at rs.15,00,000. The
present discounted value of the future net cash inflows that the machinery was
expected to generate in the normal course of business, was calculated as rs.12,00,000.

(i) The current cost of the machinery is
(a) rs.10,00,000 (b) rs.20,00,000 (c) rs.15,00,000 (d) rs.12,00,000

(ii) The present value of machinery is
(a) rs.10,00,000 (b) rs.20,00,000 (c) rs.15,00,000 (d) rs.12,00,000

(iii)The historical cost of the machinery is
(a) rs.10,00,000 (b) rs.20,00,000 (c) rs.15,00,000 (d) rs.12,00,000

(iv) The realizable value of the machinery is
(a) rs.10,00,000 (b) rs.20,00,000 (c) rs.15,00,000 (d) rs.12,00,000.


1) Journal and ledger records transactions in
(a) A chronological order and analytical order respectively.
(b) An analytical order and chronological order respectively.
(c) A chronological order only
(d) A analytical order only.

2) Rs.1,500 received from sub tenant for the rent and entered correctly in the cashbook is
posted to the debit of the rent account. In the trial balance
(a) The debit total will be greater by rs.3,000 that the credit total.
(b) The debit total will be greater by rs.1,500 that the credit total.
(c) Subject to other entries being correct the total will agree.
(d) None of the above.

3) The sales books
(a) Is a part of journal,
(b) Is a part of ledger,
(c) Is a part of the balancesheet.

4) Salaries due for the month of march will appear
(a) On the receipt side of the cash book
(b) On the payment side of the cash bok
(c) As a contra entry
(d) Nowhere in the cash book

5) Amount of rs.5,000 spent as lawyers fee to defend a suit claiming that the firms factory
site belong to the plaintiff’s land is
(a) Capital expenditure (b) Revenue expenditure
(c) Deffered revenue expenditure (d) None of the above.

6) Present liability of uncertain amount , which can be measured reliably by using a
substantial degree of estimation is termed as
(a) Provision (b) Liability (c) Contigent liability (d) None of the above

7) If the amount is posted in the wrong account or it is written on the wrong side of the
account ,is called
(a) Error of ommission (b) Error of commission
(c) Error of principle (d) Compensating error


1) When the balance as per pass book is the starting point ,direct payment by bank are :
(a) Added in bank reconcillation statement
(b) Substracted in the bank reconcillation statememnt
(c) Not required to be adjusted in the bank reconcillation statement
(d) Neither of the above

2) Direct payment to the third party on behalf of the account holder is entered in
(a)The cash book when the amount is paid by the bank
(b) The cashbook when the entry is passed in the pass book
(c) The pass book when the entry is posted in the passbook
(d) None of the above


1)On April,07,2011, i.e., a week after the end of the accounting year 2010-2011 ,a company
undertook physical stock verification. The value of stock as per physical stock verification
was found to be rs.35,000.
The following data pertaining to the period of April,01,2011 to April 07,2011 are given:
i)Goods costing rs.5,000 were sold during the week.
ii)Goods received from consignor amounting to rs.4,000 included in the value of stock.
iii)Goods earlier purchased but returned during the period amounted to rs.1,000.
iv)Goods earlier purchased and accounted but not received rs.6,000.

After considering the above, the value of stock held as on March 31,2011 was
(a) rs.27,000 (b) rs.19,000 (c) rs.43,000 (d) rs.51,000.

2) While finalizing the current year’s profit ,the company realized that there was an error in
the valuation of closing stock of the previous year . In the previous year, closing stock
was valued more by rs.50,000. As a result
(a) Previous year’s profit is overstated and current ear’s profit is also overstated.
(b) Previous year’s profit is understated and current year’s profit is overstated.
(c) Previous year’s profit is understated and current year’s profit is also understated.
(d) Previous year’s profit is overstated and current year’s profit is understated.


1) H ltd. puchased a machinery on April,01,2006 for rs.360,000. It is estimated that the
machinery will have a useul life of 5 years after which it will have no salvage value.If the
company follows sum-of-year’s -digit method depreciation, the amount of depreciation
charged during the year 2010-11 was
(a) rs.1,00,000 (b) rs.80,000 (c) rs.60,000 (d) rs.20,000

2) On Auguest 01,2008 ,K Travels ltd. bought four metador vans costing rs.1,20,000
each. The company expected to fetch a scrap value of 25% of the cost price of the
vehicles after ten years.The vehicles were depreciated under the fixed installation
method up to March 31,2011. The rate of depreciaton charged up to Marche31,2011.
The rate of depreciation charged up to March 31,2011 was
(a)10.0% (b) 9.0% (c)8.5% (d)7.5%


1) Under statement of closing work in progress in the period will
(a) Understate cost of goods manufactured in that period.
(b) Overstate current assets.
(c) Overstate gross profit from sales in that period.
(d) Understate net income in that period.

2) The capital of a sole trader would change a result of:
(a) A creditor being paid his account by cheque.
(b) Raw materials being purchased on credit.
(c) Fixed assets being purchased on credit.
(d) Wages being paid in cash.


1)X of kolkata sends out 500 bags to Y costing rs.400 each at an invoice price of
rs.500 each. Consignor’s expenses rs.4,000 consignee’s non-selling expenses
rs.1,000 and selling expenses rs.2,000. 400 bags were sold.
The amount of consignment stock at Invoice Price will be:
(a) rs.50,900 (b) rs.50,800 (c) rs.50,000 (d) rs.51,000

2)X of kolkata sends out goods costing rs.3,00,000 to Y of Delhi. Commisssion
agreement – 2% on sales + 3% on sales as del-creader commission. The entire
goods is sold by consignee for rs. 4lacs. However, consignee is able to recover
rs.3,95,000 from the debtors. The amount of profit to be transferred to P/L as net
commission by consignee will be:
(a) rs.15,000 (b) rs.22,000 (c) rs.21,000 (d) rs.20,000

3)A and B enter into a joint venture sharing profit and losses in the ratio 3:2. A will
purchase goods and B will affect the sale.A purchase goods costing rs.200,000.
B sold it for rs.300,000. The venture is terminated after 3 months. A is entitelled
to get 10% interest on capital invested irrespective of utillization period. The
amount of interest received by A will be
(a) rs.20,000 (b) rs.10,000 (c) rs.15,000 (d) rs.25,000

4) A bought goods of the value of rs.10,000 and consigned them to B to be sold
by them on a joint venture , profits being divided equally, A paid rs.1,000 for
freight and insurance. A draws a bill on B for rs.10,000 . A got it discounted at
rs.9,500. B sold the goods for rs.15,000. Commission payable to B, rs.500.
The amount to be remmitted by B to A will be:
(a) rs.12,500 (b) rs.3,000 (c) rs.14,500 (d) rs.13,500

5) On 1.6.2011, X drwas a bill on Y for rs.25,000. At maturity Y request X to
accept rs.5,000 in cash and nothing charges incurred rs.100 and for the
balance X draw a bill on Y for 2 months at 12% p.a. Interest amount will be:
(a) rs.410 (b) rs.420 (c) rs.440 (d) rs.400

6) Sale or return day book and sale or return ledger are known as
(a) Principal books
(b) Subsidiary book
(c) Memorendum books
(d) None of te above


1) X and Y share profits and losses in the ratio of 2:1. They take Z as a
partner and the new profit sharing ratio becomes 3:2:1. Z brings rs .4,500 as
premium for goodwill. The full value of goodwill will be:
(a) rs.4,500 (b) rs.18,000 (c) rs.27,000 (d) rs.24,000

2) Under annuity basis goodwill is calculated by:
(a) No. of years purchased multiplied with average profit.
(b) No. of years purchased multiplied with super profits.
(c) Summation of the discounted value of expected future benifits.
(d) Super profit divided with expected rate of return.

3) A and B shares profits equally. They admit C as an equal partner and assets were
revalued as follows: Goodwill at rs.300,000(bookvalue NIL). Stock at rs.20,000
(bookvalue RS.12,000) ; Mchinery at rs.60,000 (bookvalue rs.55,000). C is to bring
in rs. 20,000 as his capital and necessary cash towards his share of Goodwill.
Goodwill Account will not be shown in the books. Find the profit/loss on revaluation
to be shared among A,B,C.
(a)rs.21,500 :rs.21,500:0 (b) rs.6,500: rs.6,500:0
(c)rs.14,333: rs.14,333:rs.14,333 (d)rs.4,333:rs,4,333:rs.4,333
4) Balances of Ram,Hari & Mohan sharing profits and losses in the ratio of 2:3:2 stood
as Ram- rs.10,00,000; Hari-rs.15,00,000; Mohan-rs.10,00,000; Joint Life Policy
rs.3,50,000. Hari desired to retire from the firm and the remaining partners decided
to carry on with the future profit sharing ratio of 3:2. JLP of the partners surrenderred
and cash obtained rs.3,50,000. What should be the treatment for JLP A/c?
(a) Rs.3,50,000 creadited to partner’s capital account in new ratio.
(b) Rs.3,50,000 credited to partner’s capital account in old ratio.
(c)Rs.3,50,000 credited to partners capital account in capital ratio.
(d)Rs.3,50,000 credited to JLP account.


1)The authorized capital of M ltd. consist of both cumulative preference shares and
equity shares. Each 5%cumulative pref. shares has a par value rs.100. Each equity
shares has a par value rs.10.At the end of the year 2009-2010 and 2010-2011, the
cumulative preference share capital balance was rs2,00,000 and the equity share
capital balance was rs.5,00,000.

If the dividend declaration totalled rs.8,000 and rs.15,000 in the year 2009-10 and 2010-11
respectively,the dividends allocated to the equity share holders in the year 2010-11=?
(a)rs.3,000 (b) rs.5,000 (c)rs.10,000 (d) rs. 12,000

2) Which of the following accounts can be used for transfer to capital redumption reserve
(a) General Reserve (b) Forfeited shares account
(c)Profit prior to incorporation. (d) Securities premium account.

3) Which of the following is true with regard to 10% Debentures issued at a discount of 20%?
(a) The carrying amount of debenture gets reduced each year at a rate of 20%
(b) Issue price and the carrying amount of debentures are equal.
(c) At the time of redemption,the debenture holders will be paid the issue price
(d) The face value and the carrying amount of the debenture are equal.

Which strategy should be adopted for Q.A.?

You can go for the preparation of Q.A. for last time preparation by following this steps:
1. Firstly your focus should be on theory. Go through the theory of modul.Don’t leave
any theory as it can be highly useful in scoring.
2. Prepare the list of the formula in which you find any difficulties.
3. Mark some of the questions as LTR( Last Time Revision).
4. Practice on the chapters in which you are 100% sure that you can collect marks
from those chapters.
5. Focus on that subject which you find easy i.e. maths or statistics.
6. After completing the syllabus once again, try to solve the past papers.

CA CPT 2014, 2015 Exam dates, Syllabus, Application Form, Pattern, Notification, Admit card and Preparation

CA CPT 2015 – Exam dates, Syllabus, Application Form, Pattern, Notification, Admit card and Preparation

ICAI CPT December 2015 syllabus, ICAI CA CPT December 2015 Exam Pattern , ICAI CPT December Exam Date 2015, CPT Dec. 2015 Syllabus, ICAI CPT Exam Pattern & Syllabus 2015

CA CPT December 2015 will be held on 14th December, 2015 (Sunday)

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

Apply online on website:- http://icaiexam.icai.org. The last date to register for CPT June 2015 Exams is 1st April 2015

For 2014 exam, the December attempt dates were from 7th October, 2015 [Tuesday] (10.00 hrs) to 28th October, 2015 [Tuesday] (17.30 hrs)

Application Fee:- Rs 500/- can be paid online through VISA or MASTER Credit/ Debit Card. Candidates will not be charged extra of Rs 500/- (i.e. cost of application form fee).

The Information brochure containing Common Proficiency Test application form will also be available at Regional and Branch Offices of the Institute and can be obtained there on cash payment of Rs 1000/- ( Rs 500/- towards examination fee and Rs 500/- towards cost of application form and Information brochure)
Common Proficiency Test application forms duly filled in may be sent so as to reach the Additional Secretary (Examinations) at New Delhi

CA CPT Syllabus

Candidates appearing for CA CPT exam should possess basic knowledge of subjects like fundamental accounting, mercantile law, quantitative aptitude and general economics.

Syllabus for all the mentioned subjects is as given below:-

(Two Sections– Two hours – 100 Marks)

Section A: Fundamentals of Accounting ( 60 Marks )
Content :

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
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 Laws ( 40 Marks )
Content :
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.

(Two Sections– Two hours – 100 Marks)

Section C: General Economics ( 50 Marks )

(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 behavior – Marshall Ian 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 ( 50 Marks )
Content :
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
Binomial, 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 estimation , Determination of sample size .
16. Index Numbers


Latest updates of CA CPT June 2015 /  December 2015 Exam Date-30% Passing Marks Rule

CA CPT 30% Passing Mark Rule :

1. Minimum of 30% marks in each of the four sections/subjects.

2. Minimum of 50% marks in the aggregate of all the sections/subjects

CPT Preparation Tips :

  • You must have an everyday routine of study.
  • To score good in Accounts section, you must have god basics of 11th and 12th mathematics.
  • Allocate time for each section and study it. Don’t focus on just one subject the whole day.
  • Go through papers from previous exams to understand the type of questions that are asked in it.
  • Practice time management as it is very crucial for this exam.
  • Give your body proper rest otherwise the anxiety and stress can have bad effect on your body.
  • Attempt as many as mock tests as possible.

CPT Mock Test Paper and Practice Model test papers.

Click here for CPT Exam official circular

Quantitative Aptitude Past 12 exam analysis

We have analysed the marks weight-age for each chapter on Quantitative Aptitude for the past 12 exams. Here’s the breakdown :

-Ratio & Proportion -3 to 5 marks

-Equations -2 to 4 marks

-Inequalities -1 to 2 marks

-Simple and compound interest -4 marks

-Permutations and combinations-3-5 marks

-Arithmetic Progression-Last year about 6 q’s were asked (Important chapter)

-Sets,funs,relations- 1-3 marks

-Limits -1-3 marks

-Differentiation & Integral calculus- 5 marks sure ( Important chapter )


-Statistical description- 2-4 marks

-Measures of Central Tendency- 5 marks (Important )

-Correlation and Regression -3 -4 marks.

-Probability- 4-6 marks (Very important Chapter)

-Distributions – 3-4 marks

-sampling -3 marks

-Index number -2 marks.

Based on our analysis
*Arithmetic progression
* differentiation
*Central tendency
*Correlation and distributions.

If you study these chapters in detail then you can be very confident about scoring at least 30 marks.

CPT – Common Proficiency Test exam to be held on 14th December 2014

The Council of the Institute of Chartered Accountants of India is pleased to notify that the Common Proficiency Test (Paper- Pencil Mode) will be held on 14th December 2014 Sunday, in two sessions

Common Proficiency Test will be an objective type multiple choice questions based examination

Candidates will be allowed to opt for Hindi medium question paper booklet for answering the questions

First Session (Morning Session) 10.30 a.m. to 12.30 p.m.

Section-A, Fundamental of Accounting; Section-B, Mercantile Laws

Second Session (Afternoon Session) 02.00 p.m. to 04.00 p.m.

Section-C, General Economics; Section-D, Quantitative Aptitude

Common proficiency test (CPT) is open only to those students who are already registered with the Institute of Chartered Accountants of India for the said course and fulfill the requisite eligibility conditions.