CA CPT 2019 - The Institute of Chartered Accountants of India (ICAI) has declared the CA CPT result 2019 on July 18, in online mode. The institute conducts the Chartered Accountancy Common Proficiency Test (CA CPT) 2019 twice a year. The correction window 2 for CA CPT 2019 was available from May 27 to June 7. June session of CA CPT 2019 was conducted on June 16. Students aspiring for a career in chartered accountancy had to register and apply for ICAI CA CPT 2019 until CA Foundation took over as the entry-level programme. The CA CPT exam application form 2019 was available from April 4- 24, 2019. The extended date allowed submission till May 2, 2019, with late fee of Rs. 600. ICAI opened two application correction windows for candidates to rectify their mistakes, if any, on the application form of CA CPT 2019. The CA CPT admit card 2019 was released on May 24. For more details regarding ICAI CA CPT 2019, read the full article below.
LATEST: Last date of Conversion from CA CPT to Foundation course has been extended to September 7, 2019.Important Note: June 2019 was the last session for CA CPT and is completely done away by ICAI. For upcoming sessions, CA Foundation is the sole entry-level exam. Already CPT registered candidates have to convert to CA Foundation to be eligible to appear for November 2019 session.
Name of Exam
Chartered Accountants Common Proficiency Test
Conducting Body
The Institute of Chartered Accountants of India
Exam Level
National Level
Mode of Exam
Pen and paper-based
Number of Exam Cities
196 in India and 5 in Overseas
Medium of Exam
English / Hindi
Number of Subjects
Four
S.No.
Events
Dates
1
End of ICAI registration for June 2019 session
December 31, 2018
2
Release of notification by ICAI
February 15, 2019
3
Starting date of CA CPT application form 2019
April 4, 2019
4
Closing date of CA CPT 2019 application form
April 24, 2019
5
Extended date of CA CPT application form
May 2, 2019
6
Availability of CA CPT Application Correction Window 1
May 6 to 12, 2019
7
Availability of CA CPT Application Correction Window 2 (with late fee)
May 27-June 7, 2019
8
Release of CA CPT admit card 2019
24 May 2019
9
CA CPT 2019 (offline) exam
June 16, 2019
10
Declaration of CA CPT 2019 Result
July 18, 2019 (Declared)
The admit card of CA CPT 2019 was released in online mode on May 24. Candidates were required to log in using their registration ID/ roll number/ PIN to access their CA CPT 2019 admit card. All the details regarding the candidate’s exam centre, important instructions, etc. were mentioned on the admit card. Without their CA CPT admit card 2019, no candidate was to be permitted entry to the exam hall.
It is essential for students to go through the exam pattern of ICAI CA CPT 2019 to prepare accordingly. Doing so will help enhance their preparation along with their confidence level for the exam day.
Offline
English/ Hindi
Duration of Exam
2 hours for each session
Type of Questions
Objective
Number of Questions
Sec A: Fundamentals of Accounting- 40
Sec B: Mercantile Laws- 60
Sec C: General Economics- 50
Sec D: Quantitative Aptitude- 50
Marking Scheme
+1 for every correct response
-0.25 for every incorrect response
Checking the syllabus of CA CPT 2019 helps in knowing the exact topics each subject will contain. This will prevent wastage of extra time and effort over preparing unnecessary sections.
Subjects
Topics Covered
Fundamentals of Accounting
Theoretical Framework
Accounting for Special Transactions
Partnership Accounts
Preparation of Final Accounts for Sole Proprietors
Accounting Process
Introduction to Company Accounts
Bank Reconciliation Statement
Depreciation accounting
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 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
The Indian Partnership Act, 1932: General Nature of Partnership – Rights and duties of partners – Registration and dissolution of a firm
General Economics
Micro Economics
Introduction to Micro Economics
Price Determination in Different Markets
Indian Economic Development
Money and Banking
Indian Economy – A Profile
Select Aspects of Indian Economy
Economic Reforms in India
Theory of Demand and Supply
Theory of Production and Cost
Quantitative Aptitude
Ratio and proportion, Indices, Logarithms
Equations
Measures of Central Tendency and Dispersion
Correlation and Regression
Theoretical Distributions
Sampling Theory
Index Numbers
Inequalities
Simple and Compound Interest including annuity - Applications
Basic concepts of Permutations and Combinations
Sequence and Series – Arithmetic and geometric progressions
Sets, Functions and Relations
Limits and Continuity Intuitive Approach
Basic concepts of Differential and Integral Calculus
Statistical description of data
ICAI also releases CA CPT 2019 sample papers to help candidates understand the paper pattern, weightage of marks, frequently asked topics, etc. Since practice makes one perfect, candidates must check these sample papers of CA CPT 2019 on the official website. The direct link to do so will be updated here as and when ICAI releases it.
Candidates aspiring for ICAI must apply for CA CPT 2019 only after checking the eligibility requirements for the same. Check the list below to know the complete eligibility criteria of CA CPT 2019:
Candidates must have registered with ICAI for CA CPT course before December 31, 2018,
Candidates must have passed class 10th and 12th from a recognised board or equivalent examination.
Candidates who have completed bachelors or masters degree in commerce with at least 55% overall are exempted from appearing in ICAI CA CPT 2019
Candidates holding bachelors or masters degree in a stream other than commerce must have obtained at least 60% overall to be exempted.
ICAI released the application form of ICAI CA CPT 2019 on April 4. Candidates could fill the CA CPT 2019 application form in online mode till April 24, 2019. Late submissions were accepted for about a week till May 2, 2019, with an additional fee of Rs. 600 for Indian and Kathmandu centres, and $10 for other international centres. While filling the CA CPT application form 2019, candidates were required to provide their personal, contact and academic details. Their email ID and phone number was used to send important updates. There were two application correction windows after the closing date of the CA CPT 2019 application form. The first window was free of cost while the second window charges according to the rectifications made.
Application Fee: The application fee of ICAI CA CPT 2019 could be paid in online mode online. The amount of CA CPT application fee differs according to the exam centre chosen:
Exam Centre
Amount
Indian states
Rs. 1000
Kathmandu, Nepal
Rs. 1700
Abu Dhabi, Doha, Dubai and Muscat
US$ 300
Candidates were able to choose their most preferred CA CPT 2019 exam centres while filling the online application form. Changes in their choice could be made as and when the application correction window released. Check the probable list of CA CPT exam centres below:
Kathmandu
Abu Dhabi
Doha
Dubai
Muscat
Candidates should know the cutoff of CA CPT 2019 as that sets the passing criteria. Only those who cross the CA CPT 2019 cutoff will be considered qualified for the next step in the CA course.
Section
Sections CA CPT Cutoff
Overall CA CPT Cutoff
30% of 60 marks
50%
30% of 40 marks
30% of 50 marks
ICAI has declared the result of CA CPT 2019 on July 18 in online mode. Candidates require their registration ID and PIN or roll number to obtain their CA CPT 2019 result. ICAI has also made provisions to send each candidate’s individual result via email and SMS. To receive CA CPT 2019 result via mail, registration can be done from July 15 onwards.
For any queries, candidates can contact:
The Joint Secretary (Exams)
ICAI Bhawan
Indraprastha Marg
New Delhi 110 002
Helpline Telephone Numbers: 0120-3054 851, 3054 852 , 3054 853, 3054 835, 4953751, 4953752, 4953753, 4953754. (Available 10:00 AM to 5 PM)
Answer:
CA CPT stands for Chartered Accountancy Common Proficiency Test which was the entry level exam for CA course. June 2019 was the last session for CA CPT which has been taken over by CA Foundation for further levels.
Candidates registered with the Board of Studies and having passed 10+2 exams were considered eligible to appear for CA CPT.
Candidates had to score at least 30% marks in individual subjects and 50% marks in overall aggregate for passing the CA CPT level.
Since June 2019, CA CPT has come to an end. Before that too, it was not necessary to pass CA CPT for graduates and other candidates who were eligible for direct entry into the CA Intermediate course.
No, there is no age limit prescribed by ICAI for Chartered Accountancy course.
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