Passing Criteria for CPT exam

What are the minimum Criteria for passing the CPT exam of Chartered accountancy program??

The Chartered accountancy CA program is of two years duration. It comprises three main stages –Foundation, Intermediate and Final.

Criteria for passing CPT exam
Passing criteria at all level of the CA examination i.e. CPT, IPC and Final has been changed to 55% marks in aggregate and 45% for individual subjects w.e.f. May, 2015 Examinations.”

Presently to qualify the CPT exam one is required to score atleast 30% marks in each section and atleast 50% marks in aggregate.

CA CPT Examination Pattern:

First Session (i.e. Morning Session)
10.30 AM to 12.30 PM (IST)
Section - AFundamentals of Accounting
Section - BMercantile Laws

Second Session (i.e. Afternoon Session)
2.00 PM to 4.00 PM (IST)
Section - CGeneral Economics
Section - DQuantitative Aptitude

CA CPT Eligibility Criteria:

- Must have passed Std. X examination or equivalent can join CPT after registration with the Board of Studies & can appear after appearing for Std. XII.
- If you have passed B.Com, M.Com, LLB, ICWA, CS or MBA at the first attempt, are also eligible to apply.
-A student who has got himself registered for Common Proficiency Test on or before April 1st and October 1st for appearing in CPT examination which is held in June and December respectively every year.

Important Dates For CPT June, 2014
Last date for registration to CPT Course with BOS 1st April, 2014
Commencement of Online filling of CPT Examination Form 4th April, 2014 (10:00 A.M. IST)
Last date & time for Login Creation/Submission of CPT Examination application form Online 25th April, 2014
upto 5:30 P.M. (IST)
Last date for revalidation of registration for June, 2014 CPT 25th April, 2014
Last date for receipt of print out of online examination form duly filled up(PDF) 29th April, 2014
Date of CPT Examination 22nd June, 2014 (Sunday)
Likely date of declaration of result Around one month from the date of examination

Hello sir I am 12th commerce student and I choose C.A. as my carrier option so I have to give CPT exam so can you give the detail of this exam and what is passing criteria for CPT exam.

CPT stands for Common Proficiency Test is the entrance exam for one of the most reputed courses in the Country- CA (Chartered Accountant). The exam is held twice every year in the months of June and December where you can register after class X and give the exam after class XII.

Minimum Passing Marks for CPT


Application for CA CPT

Application form costs- Rs. 100.
Registration fee-Rs. 6000
The cost of CPT-Rs. 500

CA CPT Exam Pattern
CPT exam is divided into two sessions containing 100 questions in each.

In session I, 60 are from fundamental Of Accounts and 40 from Mercantile Law. Each right answer carries 1 mark each and for every wrong answer ¼ marks gets deducted.

In session II contains 50 questions from General Economics and 50 from Quantitative Aptitude.

Exam timings and time allocation

• Total Marks – 200

• Mode of examination – Objective

• No. of Questions – 200

• Duration - 4 hours (two sessions of 2 hours each)

• Timing

Session I (10.00 am to 12.00 am)

Session II (2.00pm to 4.00pm)

CA CPT Syllabus

SESSION I
Section A: Fundamentals of Accounting (60 Marks)

Contents:

1. Theoretical Framework

(a) Meaning and Scope of accounting

(b) Accounting Concepts, Principles and Conventions

(c) Accounting Standards –concepts, objectives, benefits

(d) Accounting Policies

(e) 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, reissue of forfeited shares, redemption of preference shares

Section B: Mercantile Laws (40 Marks)

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 –


3. The Indian Partnership Act, 1932:General Nature of Partnership–Rights and duties of partners –Registration and dissolution of a firm.

Passing Criteria
CA CPT – 30% in individual subjects and 50 % aggregate

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Answered By StudyChaCha Member

i am weak in mathamitics there for what i do for pass in cpt examination