CPT December 2013 Registration - Due Date

CPT December 2013 Registration - Due Date

Common Proficiency Course (CPC) is an entry level course to be a Chartered Accountant. Common Proficiency Test (CPT) is of 200 marks and it is divided into two sessions of two hours each. It comprises of four subjects i.e., Accounting (60 Marks), Mercantile Laws (40 Marks), General Economics (50 Marks) and Quantitative Aptitude (50 Marks).

Only those students who will register with the Institute of Chartered Accountants of India (ICAI) on or before 1st October, 2013 and fulfil the requisite eligibility conditions will be eligible to appear in CA CPT Dec, 2013 examination.

CPT (Paper- Pencil Mode) is an objective type test with negative marking. The students will be awarded one mark for each correct answer and for a wrong answer they lose 1/4 i.e. 0.25 mark.

A) Passing criteria: As per the amended regulation 36A of the Chartered Accountants (Amendment) Regulations, 2012 vide Notification No. 1-CA(7)/145/2012 dated 1st August, 2012, a candidate of CPT shall ordinarily be declared to have passed the Common Proficiency Test if he/she obtains at one sitting a minimum of 30% marks in each section and a minimum of 50% marks in the aggregate of all the sections, subject to the principle of negative marking, in such manner as may be determined by the Council, from time to time.

In other words, if you secured a minimum of 30 per cent marks in each section but unable to secure 50 per cent marks in the aggregate of all sections, your result will be FAIL (See the marks obtained by Student A). Similarly, if you secured a minimum of 50 per cent marks in the aggregate but failed to secure the minimum marks required in any one or more of the sections, your result will be FAIL(See the marks obtained by Student F).

Note that ¼ (one fourth) mark shall continue to be deducted for each wrong answer and multiple darkened circles for a question will also be treated as wrong answer.

The following table will show you the revised passing requirements of CA CPT in an illustrative manner: