The CA CPT (Common Proficiency Test) is an entry level test conducted by the Institute of Chartered Accountants of India (ICAI), the national professional accounting body of India, for Chartered Accountancy (CA) course.
Charted Accountants (CAs) are the most sought after professionals all over the world. The CA course complies with the International Education Standards and is one of the globally recognised and the toughest qualifications. If you go for CA, its training prepares you to face any kind of difficult financial situation for an organization. It helps you to enter the higher levels of management.
It’s not surprising that many CEOs of the world’s biggest companies are CAs.
There are three levels of CA Course:
- The foundation course, which is the entry level
- The intermediate course, which is the first stage of theoretical education
- The final course, which is the final stage of theoretical education
Preparing for CPT gives you an overall view of how your study of CA will be. It removes the fear of thick books and helps you prepare for the future. If you think that the CPT syllabus is too vast to be completed in 3-4 months, then you can rethink your options once again.
But if you clear the CPT, you’ll be having an early entry into the profession. You can enrol for Intermediate course or the Integrated Professional Course, where you will be exposed to working knowledge of the core and allied subjects of accountancy.
Key benefits of eAbhyasa in clearing CA-CPT
The CPT exam has 4 sections: Fundamentals of Accounting, General Economics, Mercantile Laws and Quantitative Aptitude. Each section is for 50 marks and you need to score at least 30% in each section. Hence, you need to have a thorough understanding of the concepts and a lot of practice to clear CPT.
For the practice, use eAbhyasa tools that actually ease up things to face the real exam. You will be equipped with a good number of ‘Subject tests’, ‘Session tests’ and ‘Real tests’. After the test, you will be given ‘Test Performance Report’ that shows your performance and pattern of answering the questions. In the detailed report, you will know about your strengths and weaknesses, your competence, speed and a comparison analysis with your peers.
In other words, all these tests in total help you get command over the concepts and prepare you thoroughly to face the exam, that too at unbelievable low costs! All the best for a great profession!