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CA CPT

Chartered Accountants Common Proficiency Test

Form Date: 01 Feb - 07 Mar 2021 (Tentative)

Pen & Paper Mode

Form Date: 01 Feb - 07 Mar 2021

CA CPT Basic Information

  • Application Fee:₹ 1,500
  • Number Of Attempts:2
  • Examination Modes:Pen & Paper Mode
  • Exam Conducting Body:Institute of Chartered Accountants of India (ICAI)

CA CPT 2021: Application Form, Eligibility Criteria, Exam Pattern

Updated On - February 18 2021 by Ganesh Wankhede

CA CPT 2021 is also known as Chartered Accountants Common Proficiency Test 2021. It is an entry-level examination which will be conducted in June 2021 tentatively for admission to the CA Course which will be organized by the Institute of Chartered Accountants of India (ICAI) . CA CPT is now known as CA Foundation since 2020 session. This examination gives the candidate a brilliant opportunity, to begin with, the course and learn about how Chartered Accountancy works in India as it is an evergreen and always in-demand field. The article will guide the applicants through accurate information on the exam which includes CA CPT 2021 course details, examination, eligibility, application form and fee, pattern & syllabus, and various other details.

CA CPT 2021 Important Dates

Schedule for CA Foundation 2021 Examinations
CA Foundation 2021Dates (Tentative)
Availability of CA Foundation Exam FormFebruary 2021
Last date to fill CA Foundation application form3rd week of April 2021
Last date to submit application form with late feeMay 2021
Issuance of admit cardJune 2021
CA Foundation exam dateJune 2021
Declaration of CA Foundation resultJuly 2021

CA CPT 2021 Application Form

CA CPT 2021 Application Form  will be started online from February 2021 and last to fill the application form until May 2021. Before filling the application and to be able to fill the application form, applicants must register first. Below mentioned are a few guidelines which must be followed by all the candidates to not make any mistakes which can cost them their examination:
  • All the details asked for in Registration/Application form are Mandatory.
  • E-mail ID and mobile number should remain the same till the admission process is completed otherwise candidates might not get all the important details.
  • Once the application form is submitted online, request for any change in the data entered in the application form will NOT be entertained.
  • Ensure that the Online Application Form is filled properly with all complete details.
  • Incomplete/incorrect applications are liable to be rejected at any stage without prior information to the candidate.

CA CPT 2021 Application Fee

Application fee of CA CPT 2021 can be paid through the online mode

Course
Test Centre In
Form Fees
Exam Fee
Total Fee
Late Fee
Total With Late FEE *

CPT

India

Nil

Rs.1000/-

Rs.1000/-

Rs.600/-

Rs.1600/-

CPT

Kathmandu (Nepal)

Nil

Rs.1700/-

Rs.1700/-

Rs.600/-

Rs.2300/-

CPT

Abu Dhabi (U.A.E.)/Doha/Dubai/Muscat

Nil

USD 300

USD 300

USD 10

USD 310

Mode of Payment: Using Master/VISA/Maestro Credit/Debit Card
In addition to the applicable fee payable to the Institute by the candidate towards exam related services, they will be required to pay bank charges at the following rates, while paying the said fee, online through the payment gateway. These are charges payable by the candidate to the bank and will be recovered along with the applicable fee payable to the Institute:- 

Credit Cards:-

Domestic Credit Cards: 0.50% + GST

Domestic Debit Cards / Rupay Cards:-

Upto Rs. 2000: Nil
Greater than Rs. 2000/- : 0.9% + GST

International Card: 0.5% +GST
Net Banking: Nil

BHIM UPI: Upto Rs. 2000/-: Nil
Greater than Rs. 2000 : 0.65% + GST

CA CPT 2021 Eligibility Criteria

CA CPT 2021 Eligibility Criteria is mentioned below:

  • A 10th Passed student can register for CPT Course by filling in the prescribed registration form along with the requisite fee. A student who has passed higher qualifications than 10th class such as /B.Com/M.Com/LLB/ICWA/CS/MBA is also, in the first instance, to appear and pass CPT Examination to join the Chartered Accountancy Course.
  • A student to be eligible to appear in the CPT Examination must have been registered for the CPT Course with Board of Studies of the Institute on or before First October 2008 for June Examination and must have passed 12th Class Examination or already appeared in 12th Class Examination of a recognized Board.
  • A student who has passed Common Proficiency Test and Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto and passed CPT may join the Professional Competence Course.
  • Simultaneously, the student will also register for practical training.
  • Also, a student has to register and undergo 100 Hours Information Technology Training.
  • Under the Transition scheme, an existing student of Professional Education (Course-II) who has passed the Professional Education (Course-I) examination / Foundation examination may switch over to Professional Competence Course (PCC) if he desires. Such candidates will concurrently register for articled training and 100 Hours Information Technology Training.

CA CPT 2021 OPT-OUT Scheme

ICAI taking covid 19 scenarios into consideration has introduced an opt-out scheme for November 2021 examination. According to which Candidates under 3 circumstances can register to opt-out from November 2021 and re-appear for the exam in January 2022. The circumstances being:
 
  • The candidate is currently Covid Positive or has symptoms of being covid positive during this period of examination.
  • Any of the family members or roommates with whom the candidate lives are Covid Positive during this period of examination.
  • The candidate lives in an area that comes under the containment zone as declared by the Government of India, during this period of examination.
 
Note:
  • Candidates who opt out in the middle of an examination will have to re-appear the entire exam once again.
  • Candidates who opt out after completing one examination( i.e Group 1 ), will only have to reappear the second examination( i.e Group 2)

CA CPT 2021 Exam Pattern

CA Exam 2021 Pattern is mentioned below which gives ample information:

Exam pattern for CA-CPT 2021
ModeOffline (PBT)
Maximum marks200
Duration first shift would be from 10:30 am to 12:30 pm and the 2nd shift will be from 2:00 pm to 4:00 pm.
MediumEnglish
Marking scheme1/4 marks will be deducted for every incorrect answer
Type of questionsMultiple-choice questions

Section-wise distribution for the questions of CA CPT 2021

Shift
Sections
Marks
Timings
First Session

A – Fundamentals of Accounting

40

10:30 am – 12:30 pm (two hours)

B – Mercantile Laws

60

Second Session

C – General Economics

50

2:00 pm – 4:00 pm (two hours)

D – Quantitative Aptitude

50

Total

4

200

4 hours

CA CPT 2021 Syllabus

CA CPT 2021 Syllabus is mentioned below according to the syllabus of  CPT exam 2020 in detail:

Fundamentals of Accounting          
  • Theoretical Framework, Accounting Process, Depreciation Accounting, Bank Reconciliation Statement, Partnership Accounts, Preparation of Final Accounts for Sole Proprietors, Accounting for Special Transactions, Introduction to Company Accounts.
Mercantile Laws       
  • The Indian Contract Act, 1872: An overview of Sections 1 to 75 covering the general nature of contract, consideration, other essential elements of a valid contract, performance of contract and breach of contract, The Indian Partnership Act, 1932: General Nature of Partnership – Rights and duties of partners – Registration and dissolution of a firm, The Sale of Goods Act, 1930: Formation of the contract of sale – Conditions and Warranties – Transfer of ownership and delivery of goods Unpaid seller and his rights.
General Economies  
  • Micro Economics, Introduction to Micro Economics, Theory of Demand and Supply, Theory of Production and Cost, Indian Economic Development, Indian Economy – A Profile, Select Aspects of Indian Economy, Price Determination in Different Markets, Economic Reforms in India, Money and Banking.
Quantitative Aptitude          
  • Ratio and proportion, Indices, Logarithms, Equations, Inequalities, Sequence and Series – Arithmetic and geometric progressions, Sets, Functions and Relations, Limits and Continuity ─ Intuitive Approach, Correlation and Regression, Theoretical Distributions, Sampling Theory, Basic concepts of Differential and Integral Calculus, Statistical description of data, Measures of Central Tendency and Dispersion, Index Numbers, Simple and Compound Interest including annuity – Applications, Basic concepts of Permutations and Combinations.

CA CPT 2021 Preparation Tips

CA CPT 2021 Preparation Tips are mentioned below which have been quoted by experts to offer the best to all the aspirants:

  • Candidates are requested to go through the Syllabus first.
  • Make notes of everything.
  • Daily revision is an important aspect as everyone tends to forget.
  • An ample amount of sleep is a must.
  • Solving questions will give a reality check of the preparation and scope of improvement as well.
  • Join a test series and write tests every day as it will add up to the speed, accuracy and refinement in answering questions.

CA CPT 2021 Admit Card

CA CPT 2021  Admit Card will be released by ICAI and can be downloaded. Below mentioned are a few guidelines regarding the admit card:

  • The candidates must bring an original identity card.
  • The appearance in the test shall only be after verification of the Identity Card/Proof of employment of the employee.
  • No candidate will be permitted to appear in the examination centre other than he/she has opted for in the application form.
  • No request for change of examination centre will be entertained under any circumstances.
  • Candidate without admit card will not be allowed to enter the examination hall.

CA CPT 2021 Result

Applicants can check the result of CA CPT 2021 details through below-mentioned points

  • CA CPT 2021 Result will be declared on the official website and the scorecard must be downloaded by all the candidates.
  • Each student who appears in the CPT Examination is issued with a Result Card within two weeks of the declaration of results. No Pass Certificate as such is issued to CPT pass candidates.
  • The scorecard will be helpful in further proceedings like Counselling and admission.

CA CPT 2021 Counselling

Candidates can check the counselling details of CA CPT exam 2021 through the below details:

  • CA CPT 2021 Counselling will be organized soon after the result declaration and candidates will be informed accordingly either via mail or SMS for which they should stay updated.
  • If there is any blunder from the candidate's end then it will post no harm to the institute but the candidate, so kindly follow all the mentioned instructions.

CA CPT 2021 Highlights

Candidates can check the highlights of CA CPT Test 2021 through the following details:

Exam Name

CA CPT 2021

Conducting Body

Institute of Chartered Accountants of India

Level

National Level

Course

Chartered Accountancy Course

CA Foundation Official website

https://www.icai.org/indexbkp.html

Exam Mode

Offline (Pen & Paper)

Exam Purpose

To offer the Chartered Accountancy Course

Stay connected for more updates regarding CA CPT 2021.

About The Institute of Chartered Accountants of India (ICAI)

The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament, viz. The Chartered Accountants Act, 1949 (Act No.XXXVIII of 1949) for regulating the profession of Chartered Accountancy in the country. The Institute, functions under the administrative control of the Ministry of Corporate Affairs, Government of India. The ICAI is the second largest professional body of Chartered Accountants in the world, with a strong tradition of service to the Indian economy in the public interest. The affairs of the ICAI are managed by a Council by the provisions of the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988.

 

 

 

 

 

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CA CPT Important Dates

TitleDates
CA CPT 2021 Exam Date30 Apr 2021 (Tentative)
CA CPT 2021 Form Date01 Feb - 07 Mar 2021 (Tentative)
CA CPT 2021 Result27 May 2021 (Tentative)

Chartered Accountants Common Proficiency Test Exam Pattern

Paper 1
Exam Duration:

---

Total Marks:

---

Question Paper Type :

Multiple Choice Questions

Negative Marking:

Yes

NOTE:0.25 mark will be deducted for every wrong answer.

Frequently Asked Questions

Comments

Form Start Date:

01 Feb 2021

Form End Date:

07 Mar 2021

Number of days left to submit the form:

2

DAYS

Examination Date (Online):

30 Apr 2021

Application Fees:

₹ 1,500

Admissions open for

NIIT University

30 Jan 2021-21 Apr 2021

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01 Apr 2021-30 Apr 2021

Shiv Nadar University Admission 2021

15 Jan 2021-30 Jun 2021

JET

01 Feb 2021-31 Mar 2021

KIIT University Admission 2021

10 Dec 2020-31 May 2021