CPT

Crack CPT in one go!

CPT or Common proficiency test exam is an entry-level examination in which Chartered Accountancy candidates need to crack in order to get the green signal for appearing in the next intermediate exam, the IPCC and the final CA exam. Cracking the CPT (Common Proficiency Test) requires candidates a strong Dedication, Determination and Devotion. Of course an effective preparation is of major importance for those who want to qualify the exam and become eligible for the next step IPCC.

Completing the 10th examinations one can register for CPT. A registered student may appear in Common Proficiency Test after completion of the Senior Secondary Examination (10+2 examination) .It’s an objective type examination that comprises of 200 multiple choice questions with negative marking. One should obtain 50% to qualify this exam.

A complete study package is provided by the board of studies including large question bank. A CD is also provided for self-assessment.

Education of Chartered Accountancy is divided into two levels:

1. Professional Competence Course

2. Final Course

There is a concurrent articled training for a duration of 3 ½ years.

After passing successfully the CPT and 10+2 standard examination , a student has to take admission in the Professional Competence Course and at the same time register for articled training.

Becoming a CA is quiet challenging and passing the CPT Exam is the first step to win over this challenge. The profession demands supreme excellence and perfection in tune with the standards set by the Institute of Chartered Accountants of India. CPT acts as the prelude platform to achieve this level of proficiency.

CPT Preparation Tips

Deep Understanding

Conceptual understanding is of supreme importance while preparing for the CPT. Don’t follow the rote method while studying. Instead, learn meticulously by clearly understanding the syllabus. ICAI study material is sufficient to get prepared for this exam. Additionally, you can also take help from reference books written by famous authors.

Follow a strategy

Design a careful strategy that will help you study more effectively. Study thoroughly all the subjects and don’t neglect the ones that you dislike.

Positivity

A positive attitude is always the key to pass the CPT exam successfully and reach a step closer to your dream of becoming a CA. Don’t concentrate on how tough the CA exams are supposed to be. With an optimistic mindset, concentrate your energies on reminding yourself that you can do it and crack the CPT in first shot!

Online Test Series

While preparing for the CA-CPT exam, seeking help from a professional combined with the tutorial classes works great. However, self-assessment is the most powerful tool to monitor your progress. You can take up the e-learning portals, the test series and CA CPT online practice tests to constantly monitor your own performance at your own convenience.

Other tips

A vast section of the CA-CPT syllabus consists of accounting problems. In order to be really good in solving the problems, one requires to practice constantly. ‘Accounts’ also consists of theory which is equally important to focus.

While appearing for the CA-CPT exam, make sure to attempt the law paper first as it consumes more time. Focus on all the questions and attempt the one’s first that are easy. Be careful of the negative marking, and solve only those questions that you are sure and confident. Utilize the available time prudently and leave some time in the end to check all the answers.