ICAI-CPT-CA stands for Chartered Accountant-Common Proficiency Test — which brings a ton of opportunity in private, public and government sectors for Chartered Accountants. Good package is offered to them at the entry level and are in very much demand nowadays with the boom in industries and businesses. Like IPS and IAS, CA is a dream job too.
The Common Proficiency Test (CPT) is conducted by The Institute of Chartered Accountants of India (ICAI) . ICAI is established under the Chartered Account Act No. XXXVIII of 1949 and is a statutory body for the regulation of the profession pf Chartered Accountant in India. Its existence has seen for six decades now, giving it recognition of a premier accounting body, not just inside India, but worldwide. It contributed in high accounting maintenance, education, professional development, auditing and ethical standards. Now, ICAI is the second biggest accounting body in the world.
Hard work can make your dream come true. The first step includes the Common Proficiency Test (CPT), which is an Entry Level Test for students of 10+2. The CPT Question Papers, also called ICAI CPT CA Sample Paper are of multiple choice objective type questions.
There are 4 sections, which come under the CPT question paper:
1)SECTION – A – FUNDAMENTALS OF ACCOUNTING- 60 marks- Part I, Part II, Part III, Part IV comes under this section.
2)SECTION – B – MERCANTILE LAWS – 40 marks- Part I, Part II and Part III
3)SECTION – C – GENERAL ECONOMICS – 50 marks.
4)SECTION – D- QUANTITATIVE APTITUDE – 50 marks
The easiest way to solve the CPT Question Papers at exam is to work out on different ICAI – CPT – CA sample Papers, present on varied reliable online resources, such as Latestt.com. This is one of the best educational websites, where you can find a number of practice sets for Chartered Accountancy.
You can do things either way — by first going through the content in the best book in the bookshop, and then switching to the practice of sample CA questions papers or you can first go through the question papers to know the pattern and then handle the content accordingly.
Syllabus for Chartered Accountant covers various aspect of accountancy and it has to be taken seriously, as this is one of the most difficult entrance examinations conducted in India. Actually it’s very difficult to study everything in detail. Hence, it would be wise from your side to go through the CPT question papers first, so that you can save time and effort by reading the selected topics in detail. This makes the studies, a lot easier.
Notwithstanding the fact that each student has his or her method of preparation, the approach of tackling as many Question Papers or Guess Papers or Test Papers as possible, and that too, in proper simulated entrance examination conditions, is bound to increase your confidence levels. It is also certain to enhance your ability at least two to three folds better than what you were capable of originally.