Questions and answers

Is CA Foundation and CPT same?

Is CA Foundation and CPT same?

The Chartered Accountancy (CA) Foundation course is a revised version of the Common Proficiency Test (CPT) that has been introduced by the Institute of Chartered Accountants of India (ICAI). However, it has now been replaced by the CA Foundation examination.

What is the new syllabus of CPT?

Section-wise CA CPT 2021 Syllabus

Syllabus Topics
Theoretical Framework Meaning and Scope of accounting Accounting Policies Accounting Standards – concepts, objectives, benefits Accounting Concepts, Principles and Conventions Accounting as a measurement discipline – valuation principles, accounting estimates

What is CPT syllabus?

The CA CPT exam syllabus covers all the subjects required for the test. It is a test of four subjects, viz. Accountancy, Mercantile Laws, General Economics and Quantitative Aptitude with an objective of testing subject knowledge in these subject areas.

What is the syllabus for CA Foundation?

CA Foundation Marks Distribution 2021

Papers CA Foundation Subjects Marks Distribution
Paper 1 Principles and Practices of Accounting 100 Marks
Paper 2 Business Laws and Business Correspondence and Reporting 1. Business Laws 2. Business Correspondence and Reporting 100 Marks (60 Marks) (40 Marks)

Is CA Foundation harder than CPT?

The entrance test to pursue this course is named CA Foundation which is replacing the current entry-level i.e. CPT(Common Proficiency Test). CA Foundation will be going to be a bitter tough than the CPT. To pass the entrance test of the toughest course you must be fully dedicated to your studies.

Is CPT mandatory for CA?

Dear, Yes CPT is very necessary for CA. CPT stands for common proficiency test.It is an entry level test for Chartered Accountancy Course. It is open only to those students who are already registered with the Institute of Chartered Accountants (ICA) of India for the said course.

Is CPT a MCQ?

The name of CPT has been changed to Foundation Course. Therefore, as per the new syllabus of CPT, it is partially MCQ and partially descriptive.

How do I clear CPT in first attempt?

Cracking CPT in the first attempt is not difficult, and it is easy with perfect preparation. In other words, a dedicated preparation for 45 days will help you crack the CA CPT exam without much pressure.

Is CPT exam difficult?

The CPT exam is extremely tough, but with enough practice, you should be able to pass it. The CA journey is long and hard, but if you have the dedication, you can sail through the tough exams and strenuous articleship, and on towards a bright future.

Is calculator allowed in CPT?

Candidates will be allowed to use battery operated portable calculator in CPT. The calculator can be of any type with upto 6 functions, 12 digits and upto two memories.

Can a average student crack CA?

The answer is NO. The CA exam requires smart study and the study based on study material and scanner. He wrote the exam with cool mind and cleared it with good marks. He was an average student since his academic and my family never thought that he can ever crack the CA exam.