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    CS CPT Exam 2024: Highlights, Eligibility, Syllabus, Pattern, FAQ

    The CA CPT Exam  (Chartered Accountancy Common Proficiency Test) was the entry-level examination for aspiring chartered accountants in India. However, it’s worth noting that the CA CPT has been replaced by the CA Foundation course as per the revised curriculum by the Institute of Chartered Accountants of India (ICAI), effective July 2017.Previously, CA CPT was a gateway for individuals aspiring to pursue a career in chartered accountancy. It consisted of four subjects: Accounting, Mercantile Laws, General Economics, and Quantitative Aptitude. The exam aimed to test candidates’ fundamental knowledge and understanding in these areas.

    ca cpt exam 2024 careerguide

    CA CPT was conducted twice a year, in June and December, and consisted of objective-type questions. To pass, candidates needed to secure a minimum of 30% marks in each subject and an overall aggregate of 50%.Upon successfully clearing the CA CPT, candidates could register for the Intermediate level of the Chartered Accountancy program, which included further specialized subjects and articleship training.While CA CPT is no longer applicable, the CA Foundation course now serves as the initial step for those aspiring to become chartered accountants, offering a broader and more comprehensive curriculum to prepare them for the complex world of accounting, finance, and auditing.

    Highlights

    HighlightsDescription
    Exam NameCA CPT (Chartered Accountancy Common Proficiency Test)
    Entry-Level ExamThe initial step for aspiring Chartered Accountants in India.
    SubjectsAccounting, Mercantile Laws, General Economics, Quantitative Aptitude.
    Examination FrequencyBiannually in June and December.
    Passing Criteria30% minimum in each subject and a 50% overall aggregate.
    Revised CurriculumReplaced by CA Foundation course since July 2017.
    Gateway to CA JourneySuccessful candidates could proceed to the Intermediate level.
    Objective-Type QuestionsExam format included multiple-choice questions.
    Comprehensive Knowledge TestAssessed fundamental knowledge in accounting and related areas.
    ICAI OversightAdministered by the Institute of Chartered Accountants of India (ICAI).

    Important Dates

    Main EventsTentative Dates
    Starting of online application form3rd week of April 2024
    Last date to submit the application form without a late fee1st week of May 2024
    Last date to apply with a late fees2nd week of May 2024
    Availability of an admit card1st week of June 2024
    Date of CA Foundation examLast week of June 2024
    Declaration of result2nd week of July 2024

    Applictaion Form

    Those interested candidates who want to apply for CA Foundation need to fill and submit the application form before the last date. The application form will release in online mode only. The complete process of application form submission is explained below.

    • First and foremost, you will have to visit the official website of IC
    • On the official website, you need to register as a new user by providing some of your basic details including your email address, and phone number.
    • Then, you are required to log in by entering your credentials generated during registration.
    • After logging in, the new application form will display on your screen.
    • In the main application form, you will have to enter your complete educational, personal, and contact details.
    • Make sure the details you enter in the application form are correct. Otherwise, the application form can get rejected.
    • Along with the details, it is also necessary for candidates to upload scanned images of the following documents.

    Documents Required

    • Passport size photograph of the candidates (3.5 cm x 4.5 cm)
    • Signature of the candidate
    • Scanned copy of class 12th mark sheet
    • Declaration (in the prescribed format) attested from your parents / Guardian and Head of Educational Institution / Member of ICAI / Gazetted Officer
    • 10th Marksheet or Birth Certificate.
    • Proof of Special Category (If any)

    Application Fee

    ParticularFor Indian Nationals For Foreign Nationals
    Cost of CA Foundation ProspectusRs. 200/-$ 20
    CA Foundation Registration FeeRs. 9000/-$ 700
    One year subscription of Student’ Journal (Optional)Rs. 200/-$ 20
    One year subscription of Member’s Journal (Optional)Rs. 400/-$ 40
    TotalRs. 9800/-$ 780

    Admit Card

    • Once the application form submission gets over, authorities will make CA Foundation Admit Card 2024 available online through the official website.
    • In order to download an admit card, aspirants have to sign in by providing their login credentials generated during registration.
    • An admit card will carry important information like the Name of the Examination Centre, Medium of Examination, Exam day instructions for candidates, Roll Number, etc.
    • Don’t forget to take a printout of the admit card after downloading the same because you can download the same for a maximum of three times.
    • No candidate will be allowed to take an examination without an admit card.

    Eligibility Criteria

    It is the duty of a candidate to make sure that he/ she is eligible before filling the application form. The eligibility criteria for CA Foundation 2024 are given below.

    UG and PG Candidates – Those candidates who have completed graduation or post graduation degree course in commerce or its equivalent from a recognized university with a minimum of 55% marks are exempted from CA Foundation 2024.

    Eligibility CriteriaDetails
    Age LimitNo upper age limit for CA Foundation (CA CPT) test.
    RegistrationAspirants must register with ICAI to be eligible for CA Foundation.
    Educational QualificationCandidates must have passed the 10+2 level with a minimum of 50% marks from a recognized board of education.

    Exam Syllabus

    Subject/TopicDescription
    Principle and Practice of AccountingFinancial Statements of Not-for-Profit Organisations, Concept and Accounting of Depreciation, Bank Reconciliation Statement, Theoretical Framework, Accounting for Special Transactions, Partnership Accounts, Final Accounts of Sole Proprietors, Basic Accounting Ratios (profitability, solvency, liquidity and turnover), Introduction to Company Accounts, Inventories, Accounting Process, etc.
    Business Laws & Business Correspondence and ReportingBusiness Laws, The Indian Contract Act, 1872, The Sale of Goods Act, 1930, The Indian Partnership Act, 1932, The Limited Liability Partnership Act, 2008, The Companies Act, 2013, Business Correspondence and Reporting, Introduction to basic writing (Precis Writing, Article Writing, Report Writing, Writing Formal Letters, Writing Formal Emails, Resume Writing, Meetings)
    Business Mathematics and Logical Reasoning & StatisticsBusiness Mathematics, Ratio and proportion, Indices, Logarithms, Equations and Matrices, Linear Inequalities with Objective Functions and Optimizations, Time value of Money, Logical Reasoning, Number Series, Direction Tests, Setting Arrangements, Statistics, Statistical Description of Data, Measures of Central Tendency and Dispersion, Probability, Theoretical Distributions.
    Business Economics and Business and Commercial KnowledgeBusiness Economics, Introduction to Business Economics, Theory of Demand and Supply, Theory of Production and Cost, Business and Commercial Knowledge, Business and Commercial Knowledge: An Introduction, Business Environment, Business

    Exam Pattern

    Paper SubjectsMaximum Marks
    Paper – 1Principles and Practice of Accounting100 marks
    Paper – 2Business Laws and Business Correspondence and Reporting

    Part A: Business Laws – 60 Marks 

    Part B: Business Correspondence and Reporting – 40 Marks

    Paper – 3Business Mathematics and Logical Reasoning and Statistics

    Part A: Business Mathematics (40 Marks) 

    Part B: Logical Reasoning (20 Marks)

    Part C: Statistics (40 Marks)

    Paper – 4Business Economics and Business and Commercial Knowledge

    Part A: Business Economics (60 Marks) 

    Part B: Business and Commercial Knowledge (40 Marks)

    Exam Result

    • The result of CA Foundation will release online through the official website.
    • To check the result, aspirants have to enter their registration number and password.
    • ICAI will also a CA Foundation Merit List. This merit list consists of the top 50 qualified candidates for CA Foundation exam.
    • Those who will clear the CA Foundation course will move on to the next stage of CA.

    FAQs

    Yes, a normal calculator is allowed during the CA Foundation Examination. But, scientific calculators with more than 6 functions, 12 digits, and/or having 2 memories are not permissible.

     

    Frankly speaking, it is not an easy exam. As compared to CA CPT, the difficulty level is very easy. Only a few candidates qualify for this exam.

    No, the application form will not be available offline.

    It is expected that the examination will take place in the following cities – Agra, Ahmedabad, Ahmednagar, Ajmer, Akola, Alappuzha, Aligarh, Allahabad (Prayagraj), Alwar, Ambala,

    Most Popular Links

    Exams – CareerGuide
    HOW TO PREPARE FOR EXAMS? – CareerGuide
    Exam – Tips to Score Good in Examinations – CareerGuide
    Exam preparation – CareerGuide

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