Important dates for CPT Exam

What are the Common Proficiency Test (CPT) exam important dates, will you please provide here???

[Arun Vats]

Common Proficiency Test (CPT) is an entry level test for Chartered Accountancy Course. It is a test of four subjects Accounting, Mercantile Laws, General Economics and Quantitative Aptitude.

Eligibility
The student who has passed the 12th standard examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government are eligible to apply for CPT exam.

Important dates
Availability of CPT application form at the ICAI counter or through post
7th October, 2014 to 28th October, 2014

Online submission of CPT application form
7th October, 2014 (10:00 hrs) to 28th October, 2014 (17:30 hrs)

Last date of receiving application form through post or by hand
28th October, 2014

Date of Examination
14th December, 2014

Exam Pattern
This test is divided into 2 sessions of 2 hours each with a break in between.
CPT is an objective type test with negative marking.

Subjects to be studied in CPT are as follows:

SESSION – 1
(2 Sections – 2 hours – 100 marks)

Section A: Fundamentals of Accounting
(60 marks)
Section B: Mercantile Laws (40 marks)

SESSION – II (Two Sections – Two hours - 100 marks)
Section C: General Economics (50 marks)
Section D: Quantitative Aptitude (50 marks)

What is the last date for application registration in CPT exam?

[Raman Vij]

Last date of Common Proficiency Test for registration was 1 October 2014. let me tell you what was the important dates for CPT exam 2014.so you will have idea for the next session exam.

Important Dates for CPT Exam

Last date for registration to CPT Course with BOS : 1st October, 2014
Commencement of Online filling of CPT Examination Form : 7th October, 2014 (10:00 A.M. IST)

Last date & time for Login Creation/Submission of CPT Examination application form Online : 28th October, 2014
upto 5:30 P.M. (IST)
Last date for revalidation of registration for December, 2014 CPT : 28th October, 2014 or date of Application for CPT December,2014 whichever is earlier.

Last date for receipt of print out of online examination form duly filled up(PDF): 1st November, 2014
Date of CPT Examination : 14th December, 2014 (Sunday)
Likely date of declaration of result : Around one month from the date of examination

Eligibility For CPT Exam: have a look on eligibility criteria for CPT exam
Either passed or appeared in the Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto and has complied with such requirements as may be specified by the Council from time to time.

As decided by the Council, the registration to the Common Proficiency Test is valid for a period of 3 years and the student is required to revalidate the same from the concerned Regional Office on expiry of the said period. Further, in order to be eligible for the examination, the student must be having a valid Registration number on the date of application to the Examination. Accordingly, please ensure that your Registration to Common Proficiency Test(CPT) is valid as on date of filling Examination Application .

Examination Fee

Rs. 500/- (for opting a Centre in India)
INR 850/- (for opting Kathmandu Centre)
US$ 150 (for opting Abu Dhabi, Bahrain, Doha & Dubai Centres)

Session : CPT will Conduct in following session.
First Session (Morning Session) :
10.30 AM to 12.30 PM (IST)
Section - A Fundamentals of Accounting
Section - B Mercantile Laws

Second Session (Afternoon Session) :
2.00 PM to 4.00 PM (IST)
Section - C General Economics
Section - D Quantitative Aptitude


Centers for examination: following are some examination center for CPT Exam.

Agra
Ahmedabad
Ahmednagar
Akola
Alappuzha
Aligarh
Allahabad
Alwar
Ambala
Amritsar
Anand
Thiruvananthapuram
Udupi
Visakhapatnam
Vadodara

For more information, you have to contact to;

Address
Institute of Chartered Accountants of India
Bahadur Shah Zafar Marg, Ito, IP Estate, New Delhi, Delhi 110002 ‎
011 3989 3989 ‎

[MAP]https://maps.google.co.in/maps?q=THE+INSTITUTE+OF+CHARTERED+ACCOUNTANTS+OF+I NDIA++++'ICAI+BHAWAN',+INDRAPRASTHA+MARG+++NEW+DEL HI+%E2%80%93+110+002&hl=en&ie=UTF8&sll=28.633142,7 7.313602&sspn=0.01017,0.020428&hq=THE+INSTITUTE+OF +CHARTERED+ACCOUNTANTS+OF+INDIA++++'ICAI+BHAWAN',+ INDRAPRASTHA+MARG+++NEW+DELHI+%E2%80%93+110+002&ra dius=15000&t=m&z=13[/MAP]

What are Common Proficiency Test important dates, will you please provide here???

[Quick Sam]

The Common Proficiency Test (CPT) is conducted by the Council of the Institute Chartered Accountants of India (ICAI).

The CPT exam is held 2 times in a year for admission to ICAI in the integrated professional competence course, the entry level in becoming a Chartered Accountant.
CPT consists of four subjects namely, Fundamentals of Accounting, Mercantile Laws, General Economics and Quantitative Aptitude.

Important dates for Dec exam

Application available from:
7th October 2014 (10.00 hrs),

Last date for acceptance of application forms:
28th October 2014 (17.30 hrs)

CPT December 2014 exam date is
14th December 2014

Eligibility:
The registration begins after class 10th although exams can be given only after 10+2.
Validity for CPT registration is 3 years, after which revalidation can be made.

Paper pattern:
It is a 200 marks exam.
The paper consists of Multiple Choice Questions (MCQ).
Negative marking will exist. 25% marks will be deducted for every wrong answer.

Passing criteria:
To qualify a CPT exam, the candidate must obtain a minimum of 30% marks in each subject.

Syllabus:
Here is the attachment for CPT exam syllabus;

CPT Exam Syllabus
CA_CPT :: Common Proficiency Test
[One paper: Four Sections - 200 marks]
SESSION – I : (Two Sections – Two hours – 100 Marks)
Section A : Fundamentals of Accounting (60 Marks)
Level of Knowledge :
Basic knowledge.
Objective . . .

To develop conceptual understanding of the fundamentals of financial accounting system.

Contents ...
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.


CA_CPT :: Common Proficiency Test
[One paper: Four Sections - 200 marks]
SESSION – I : (Two Sections – Two hours – 100 Marks)
Section B : Mercantile Law (40 Marks)
Level of Knowledge :
Basic knowledge.
Objective . . .

To test the general comprehension of elements of mercantile law.

Contents ...
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.

CA_CPT :: Common Proficiency Test
[One paper: Four Sections - 200 marks]
SESSION – II : (Two Sections – Two hours – 100 Marks)
Section C : General Economics (50 Marks)
Level of Knowledge :
Basic knowledge.
Objective . . .

To ensure basic understanding of economic systems, economic behaviour of individuals and organizations.

Contents ...
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 behaviour – Marshallian 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.


CA_CPT :: Common Proficiency Test
[One paper: Four Sections - 200 marks]
SESSION – II : (Two Sections – Two hours – 100 Marks)
Section D : Quantitative Aptitude (50 Marks)
Level of Knowledge :
Basic knowledge.
Objective . . .

To test the grasp of elementary concepts in Mathematics and Statistics and application of the same as useful quantitative tools.

Contents ...
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
Biomial, 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