Eligibility for exemption from CPT Exam

I want to know Eligibility to get exemption from Common Proficiency Test, please provide some information???

[Arun Vats]

Graduates/ Post Graduates are Exempted from Writing Common Proficiency Test and are eligible to directly join IPCC and Articleship.

But the Students who are pursuing Final year of graduation are eligible for Provisional Registration and are eligible to Write IPCC exam ONLY after Appearing for Final year Graduation Exam.

Here are detailed criteria:

CPT Eligibility & Qualification

Minimum Age Required:

There is no condition as to the minimum age required for registering for the course.

Minimum Educational Qualifications:

For Registering for CPT
A pass at the 10th Standard Examination or any other examination as recognized by the central government as equivalent thereto.

For Appearing at CPT
A pass (or appearance) at the 10 + 2 examination or any other examination as recognized by the central government as equivalent thereto

CPT Syllabus

1. Theroretical 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 methods.
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

Hello, I have passed the Intermediate exam. What is exemption in eligibility criteria to seat in CPT exam?

[Quick Sam]

As per you request, I am giving you details of eligibility criteria who are exempted form the Common Proficiency Test (CPT).

Eligibility Criteria:

Applicants who have passed the Intermediate level examination conducted by (ICWAI) The Institute of Cost and Works Accountants of India or by (ICSI) The Institute of Company Secretaries of India are exempted from Writing CPT Exam

These students can directly apply for the Article ship training.

Here, I am giving you list of the some companies that offering the article ship.

H N Patel & Co
Rakesh Kumar Gupta & Co
Shirish Karnik & Co
Gupta Garg & Agrwal
Chhallani Agarwal & Associates
Pansari & Dalmia
Dilip K Jain & Associates
C A S & Associates
Himanshu Khetan & Co
V S H & Associates
Suresh Garg & Co
V D Rupani & Co
Sukhbir & Associates
A P Nagpal & Co
Nemani Garg Agarwal & Co
Pansari & Dalmia
N N Shah & Co
Mayur & Company
S K V & Co
Navnit & Co
Bharat Raithatha & Co
Sharad P. Joshi
C K Dhanani & Co
Bharat Raithatha & Co