Common Proficiency Test (CA CPT) scrapped by ICAI

[Naeem Iqbal]

Common Proficiency Test (CA CPT) scrapped by ICAI

The CPT was conducted by the Institute of Chartered Accountants of India (ICAI) as an entry level test for Charted Accountancy Course. The Institute of Chartered Accountants of India (ICAI) has scrapped the Common Proficiency Test (CPT) and reverted to its old scheme of allowing graduates and post-graduates join the CA course without appearing for the entrance test.This change has been effected from August 1 as reported by the Hindu Businessline.

ICAI Officials feel that “It will be a great opportunity for graduates and post-graduates, aspiring to pursue the CA programme. Clearing the entrance (CPT) exam was mandatory till July 31. Now the qualifying candidate can register and complete the course within three and half years subject to passing all the exams and completing the training programmes in the first attempt,” said Jalapathi, Chairman of the Coimbatore branch of SIRC – ICAI (Southern India Regional Council).

This scheme will enable graduates/post-graduates register for the Integrated Professional Competence Course directly.

After registering for the said course, students will have to undergo three years of training under a practicing Chartered Accountant. They will be eligible to appear for the IPCC exam after completion of nine months of training.

The students will also have to complete the 100 hours of Information Technology Training Course and the 35 hours of orientation course before appearing for the exam.

Common Proficiency Test (CPT) was 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.

Common Proficiency Test 2012 (Paper-Pencil Mode).

The last Common Proficiency Test (Paper- Pencil Mode) was held on 17th June, 2012, Sunday in two sessions.

 

 

Regards,

Naeem Iqbal

Manama,Kingdom of Bahrain

Call:+973 33863724

[Mohammed Sherif]

CPT is NOT scrapped. Passing of CPT is now not a requirement for graduates with minimum 55% marks in qualifying exam. Graduates with 55% marks can now enroll for IPCC directly.

Regards,

Sherif

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