Tuesday, 14 July 2015

Can I skip CA CPT if I am a Graduate?

The Direct Entry Scheme of the ICAI was announced on 16th August, 2012.

This Scheme exempts the following category of students from passing the Common Proficiency Test (CPT):

1. Graduates or Post Graduates in Commerce who have scored a minimum of 55% of the total marks in the exams conducted by the University by studying any 3 papers of 100 marks each out of Accounting, Auditing, Mercantile Law, Corporate Law, Economics, Management (or Financial Management), Taxation, Costing, Business Administration or Management Accounting;

or

Graduates or Post Graduates in any course other than falling under the Commerce stream as mentioned above, having scored an aggregate of not less than 60% of total marks in the exams conducted by the University.

2. Candidates who have passed either the CS Executive Exams of ICSI or the CMA Inter Level Exams of the Institute of Cost Accountants of India.

Eligible candidates can download the Application Form from this Page

Articleship Training: Graduates or Post Graduates can commence their articleship training after completion of the Information technology Training (ITT) and Orientation Programme. However, CS or CMA Inter Pass students will also have to pass either Group 1 or both Groups of IPCC in addition to ITT and Orientation to commence articleship.

Eligibility to Appear for IPCC exams:
- For Graduates/Post Graduates: Complete 9 months of Articleship.
- For CS Executive/CMA Inter: After 8 months from registration.

Students in their Final Year of Graduation can also apply for provisional registration and appear for the exams after finishing their Graduation or Post Graduation.

The complete Notification can be found this Page

1 comment:

  1. Hi,
    Im an Arts graduate with 65% aggregate marks.
    I want to know whether skipping CPT is a good option, since coming from an Arts background, I do not have basic knowlegde about finance and accounting.

    Thank you.

    ReplyDelete

We would love to know what you have to say about this information.