Those appearing for CA CPT this time would know how much of preparation goes into it. This is not just an entry level exam, but a seed which if well sown would lead to various high paying and satisfying career opportunities. Students and professionals alike who make it through the CA CPT would then go on to qualify for the next stage, the esteemed Chartered Accountancy course.
Students appearing for CA CPT must have completed 10+2 exams or an equivalent thereof from a reputed board. This would enable the student to register with the well known ICAI (Institute of Chartered Accountants of India) for CPT. Those who have results awaiting or in the pipeline too can apply.
Before we tell you more about CA common proficiency test preparation, let us take a look at the exam pattern, shall we?
The pattern for CA CPT
a. This would be an examination which is conducted two times a year, mostly in the months of June and December.
b. Registrations for the exam should be done two months in advance.
c. CA CPT examination is of two sessions
d. CA CPT examination of two hours with two sections each (4 sections in total)
4 sections of CA CPT
* Accounting Fundamentals
* Mercantile Laws
* Quantitative Aptitude Test
Be ready to tackle a 200 marks question for CPT, each of the four sections has 50 marks to be answered. There would be multiple choice questions and objective ones too. Negative marking would be awarded should you make incorrect choices while answering, so be careful.
As a candidate, you are given a choice to sit for the examination online (registration is a must) or through the traditional methods of PP (paper pencil). The questions would be in English only. To qualify for CA CPT, one has to secure a minimum of 50% or more!!
Tips on preparing for CA CPT
a. Start by referring to earlier years model question papers.
b. Research and study from various reference books and online sources
c. As a candidate you would need to have 30% minimum per section or subject to qualify.
Do not be stressed about it, nervous or even anxious in a bid to score high or reach high ranks in this examination.
d. To appear for further CA exams, one has to have a minimum of 50% or more as an aggregate in all subjects or sections
e. There is always a catch to everything easy, so if you do find questions that seem fairly easy, it could be a trap to the inattentive mind. Focus and read the questions well, read between the lines and then answer
f. General Knowledge books and national dailies would keep you updated on what is happening around the nation, economy and political scenario especially, along with business and law news too
g. In the accounts section it would be wise NOT TO SKIP any theory questions
h. The mercantile section has only 3 laws, which is easy to answer in the paper. Write the laws in the form of points so that all the 3 laws can be scrammed into the answer.
We hope these tips on CA common proficiency test preparation comes in handy. Good Luck!!
For more information visit www.gaapbright.com
By Hans from Pixabay