Common Proficiency Test (CPT)
Common Proficiency Test is an entry level test for Chartered Accountancy Course. A student who has passed the Class 10 examination may register for Common Proficiency Test ( CPT). A registered student may appear in Common Proficiency Test after he has appeared in the Senior Secondary Examination (10+2 examination). A student has to register himself on or before 1st April and 1st October for examination to be held in June and December every year.
Common Proficiency Test (CPT)
Common Proficiency Test is an entry level test for Chartered Accountancy Course. A student who has passed the Class 10 examination may register for Common Proficiency Test ( CPT). A registered student may appear in Common Proficiency Test after he has appeared in the Senior Secondary Examination (10+2 examination). A student has to register himself on or before 1st April and 1st October for examination to be held in June and December every year. This is an objective type test is of 200 marks, divided into 2 sessions of 2 hours each. There are 4 subjects to be studied namely, Accounting(60 marks), Mercantile Laws(40 marks), General Economics (50 marks) and Quantitative Aptitude(50 marks).
Integrated Professional Competency Course (IPCC)
This is first stage of the chartered accountancy curriculum wherein only working knowledge of core and allied subjects to accountancy profession is covered. The unique feature of this course is that it is a blend of supportive and complementary practical training which helps the students to learn the practical applications of the theoretical education scheme. This course also enables the students to develop proper understanding of the business environment, communication skills and information technology. A student who has passed Common Proficiency Test (CPT) and Senior Secondary Examination (10+2 examination) may join the Integrated Professional Competence Course (IPCC)
RSA Conference Exhibitor List 2024 - Exhibitors Data
Be Familiar with the Chartered Accountancy Course
1. Be Familiar with the Chartered Accountancy Course By CA Rachna Parakh Dubey Coordinator, APT
2. You must be aware of the details regarding CA but lets have a look in Global Scenario… Conclusion: Due to the limited number of CAs in India, they command great ‘Value’..Hence You have chosen the right path… Country Population (Millions) No. of CAs / CPAs CA per 10,000 USA 305.00 3,35,000 11 Australia 20.60 1,22,000 60 India 1150.00 1,50,000 1
3. Lets take a quick look on milestones, one needs to complete to become a CA… STAGES Note : CPT – Common Proficiency Test IPCC – Integrated Professional Competence Course Stage Exam Exam Type Papers Total Marks Passing Marks -ve Marking Time (Hrs) I CPT Objective 2 200 100 Yes 2per session II IPCC Subjective 7 700 350 No 3 per paper III Final Subjective 8 800 400 No 3 per paper
4. Compulsory Certificate Trainings – During the Course Note : ITT – Information Technology Training GMCS – General Management & Communication Skills Stage Certificate Training Hours Exam Before IPCC ITT 100 Yes Before IPCC Orientation Programme 35 No Appearing in Final GMCS 90 No
5. Articleship / Practical Training – During the Course Details Starts after passing IPCC – Group I Duration 3 Years Under Whom Practicing CA Office Hours 35 hours a week Stipend Receivable by student – Year I Rs.750 per month Stipend Receivable by student – Year II Rs.1,000 per month Stipend Receivable by student – Year III Rs.1,250 per month
6. Fee Structure – ICAI Details Payment Stages Amount Rs. CPT Registration Fee At the time of Initial Registration 6,500 CPT Exam Fee With CPT Exam Form 600 IPCC Registration Fee After Passing CPT 12,000 ITT Fee After IPCC Registration 4,000 Orientation Programme Fee After IPCC Registration 2,500 IPCC Exam fee - Both Groups With IPCC Exam Form 1,600 Final Registration Fee After Passing IPCC 10,000 GMCS Training Fee After Final Registration 4,000 Final Exam fee - Both Groups With Final Exam Form 2,000 Total – Payable to ICAI 43,200
7. So you become a CA after passing all 3 exams, Compulsory Certificate Training and Articleship… Now lets see, what a CA can do?
12. Unique Selling Points (USP) of CA Profession Swapping in Job, Practice & Business CA can swap between these any number of times Possibilities of Govt. Jobs Yes, many times in Govt., Semi-Govt. & Public Co. Approx Earnings – Job Rs.360,000 to Rs.600,000 p.a. initial starting salary Approx Earnings – Practice Rs.1000 to Rs.100,000 per hour consultancy charges Approx Earnings – Business It depends upon the scale of business Retirement Age No such age, a CA can work till he is fit to work
13. Glimpse of Total Members of ICAI Members As at 01.04.2009 % As at 01.04.2008 % As at 01.04.2007 % In Practice 78,673 51 78,014 54 78,273 56 In Service 74,927 49 67,467 46 61,568 44 Total 153,600 100 145,481 100 139,841 100
30. Thus, We aim to convert each student’s ….‘No I Can’t’ into ‘Yes I Will !!’ APT believes in… “ Yes We Can!! ” So we are here to support you and make you win. Come…. join hands with us and ensure your success in CA exams!
31. Contact Us Head Office: 276,M.P.Nagar.Zone-II Branch Office: 250, Sagar Plaza, M.P.Nagar Zone-II.Bhopal Landline No: 4082444 / 2445 / 2453 Mobile No: 9755557307 Website: www.aptinfoservices.com E-mail: [email_address]
