ICAI CPT : Common Proficiency Test Exam Dumps

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Latest 2024 Updated ICAI Common Proficiency Test Syllabus
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Exam Number : CPT
Exam Name : Common Proficiency Test
Vendor Name : ICAI
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CPT Exam Format | CPT Course Contents | CPT Course Outline | CPT Exam Syllabus | CPT Exam Objectives

Exam Details:
- Number of Questions: The CPT (Common Proficiency Test) is a multiple-choice exam consisting of four sections, each with a specific number of questions. The sections and their respective question counts are as follows:
1. Fundamentals of Accounting: 60 questions
2. Mercantile Laws: 40 questions
3. General Economics: 50 questions
4. Quantitative Aptitude: 50 questions
In total, the CPT comprises 200 questions.

- Time: The CPT is a time-limited exam, with a total duration of 4 hours. Candidates have 2 hours for each session, and they cannot leave the examination hall during the session.

Course Outline:
The CPT is an entry-level examination conducted by the Institute of Chartered Accountants of India (ICAI). It serves as the first step in the Chartered Accountancy (CA) course. The course outline for the CPT includes the following subjects:

1. Fundamentals of Accounting: This section covers the basic principles and concepts of accounting, including the preparation, presentation, and interpretation of financial statements, accounting for partnerships, and accounting for nonprofit organizations.

2. Mercantile Laws: This section focuses on the legal aspects relevant to the business environment, including the Indian Contract Act, the Sale of Goods Act, and the Partnership Act.

3. General Economics: This section covers fundamental economic concepts and principles, including microeconomics and macroeconomics, price determination, national income, money and banking, and economic reforms in India.

4. Quantitative Aptitude: This section tests the candidates' mathematical and analytical skills. It includes topics such as ratios and proportions, time and distance, equations, probability, and basic statistical concepts.

Exam Objectives:
The CPT has the following objectives:

1. Assess Fundamental Knowledge: The exam aims to evaluate candidates' understanding of the fundamental concepts and principles of accounting, mercantile laws, general economics, and quantitative aptitude.

2. Test Analytical Skills: The CPT assesses candidates' ability to apply logical and analytical thinking in solving numerical and theoretical problems.

3. Measure Aptitude for the CA Profession: The exam aims to determine candidates' aptitude and suitability for pursuing a career in chartered accountancy.

4. Establish a Foundation: The CPT serves as the foundation for the subsequent levels of the CA course, ensuring that candidates have a solid understanding of the core subjects.

Exam Syllabus:
The CPT syllabus covers the following topics:

1. Fundamentals of Accounting:
- Theoretical Framework
- Accounting Process
- Bank Reconciliation Statement
- Inventories
- Depreciation Accounting
- Preparation of Final Accounts for Sole Proprietors
- Partnership Accounts
- Accounting for Nonprofit Organizations

2. Mercantile Laws:
- The Indian Contract Act, 1872
- The Sale of Goods Act, 1930
- The Indian Partnership Act, 1932

3. General Economics:
- Microeconomics: Introduction to Microeconomics, Theory of Demand and Supply, Price Determination in Different Markets
- Macroeconomics: Indian Economy - A Profile, Basic Understanding of National Income, Money and Banking

4. Quantitative Aptitude:
- Ratio and Proportion, Indices, Logarithms
- Equations and Matrices
- Time and Distance
- Simple and Compound Interest
- Permutations and Combinations
- Probability and Statistics

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ICAI Test Exam Braindumps

ICAI CA Foundation Exam 2023: Admit card released at eservices.icai.org; step-by-step guide to download

The Institute of Chartered Accountants of India on Friday released the admit card for the ICAI CA Foundation December exam 2023. CA aspirants can download their admit card from the official website of the Institute of Chartered Accountants for the exam scheduled to take place this month.

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The link for the official website of ICAI is: eservices.icai.org

The CA foundation examination is scheduled to take place on December 31, January 2, 4, and 6, 2023 instead of December 24, 26, 28, and 30, 2023. Follow the below-mentioned steps to download CA Foundation exam 2023 admit card.

Direct link to download admit card for CA foundation exam 2023: https://cdn3.tcsion.com//EForms/configuredHtml/1666/71696/login.html

Steps to download ICAI CA Foundation Admit Card 2023

-Go to the official website of the Institute of Chartered Accountants of India

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-Link to official website of the Institute of Chartered Accountants of India: eservices.icai.org

-Instead of logging in, select the link stating ‘ Click here To Download Admit Card For Foundation Exam December 2023’.

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-After selecting the said option, enter your login details and select the ‘submit’ option.

-Your admit card will appear on the screen.

-Check the admit card and download the page.

-Take out a printout of the copy for the future.

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About CA Foundation Exam 2023

CA Foundation Exam is organised in two phases, with students required to appear in papers of four different categories. Paper 1 and Paper to are held from 2 pm to 5 pm. Paper 1 and Paper 2 are of subjective format, whereas, paper 3 and paper 4 are objective type. The CA Foundation exam is conducted for a total of 400 marks. Each paper carries 100 marks. Talking about negative marking in the exam, candidates will lose one-fourth mark for each incorrect answer. The exam is conducted in offline mode.

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Published: 15 Dec 2023, 04:13 PM IST

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ICAI CA November Exam 2020 Postponed for 24th, 25th November in TN, Puducherry due to Cyclone Nivar, Get Details Here

ICIA CA November Exam 2020 Postponed: As per the latest update, the Institute of Chartered Accountants of India (ICAI) has postponed the CA Exams 2020 which are scheduled to be held on 24th and 25th November in Tamil Nadu and Puducherry in the view of threat posed by Cyclone Nivar. To confirm the postponement of ICAI CA Exam 2020, the institute has released an official notice on its website. Students can check official notice about postponement of ICAI CA Exam 2020 on official website icai.org. Alternatively, candidates can also read the detailed notification about the postponement of CA November Exams in TN and Puducherry via the link provided below:

ICAI CA November Exam 2020 Postponed in TN / Puducherry – Read Detailed Notification Here

Exam Postponed for Few Cities

As per the official notification, the CA November 2020 exams that are currently underway have been postponed for candidates who are from few specific cities that fall in the coastal region that is under threat due to the Cyclone Nivar. A tweet sent out by ICAI in this regards reads ““Important Announcement for Examinees in some cities of Tamil Nadu and Pondicherry with regards to ICAI November 2020 Exams in view of the Nivar Cyclone.”

Exams Rescheduled to December

As per the official notification, the exam for candidates who have exam centres in cities of Chennai, Cuddalore, Kancheepuram, Karaikudi, Kumbakonam, Nagapattinam, Pudukkottai, Tiruvallur & Villupuram, and Puducherry has been rescheduled. The rescheduled Intermediate and IPC exam would be conducted on 9th December 2020, and the Final (Old & New) Exam shall be held on 11th December 2020, for the above-stated centers only at the same time. The notification also states that no new admit cards or hall tickets will be issued to the candidates for the rescheduled exams. Candidates will be able to appear for postponed exams on 9th and 11th December 2020 with the old admit cards, which will remain valid for the rescheduled dates.

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