CA CPT 2023: Eligibility, Exam Dates, Exam Pattern

The Common Proficiency Test for admission to the Chartered Accountant course is one of the most sought exams amongst students for a very long time. The CPT Exam for the month of December has just been over and the candidates are now looking forward to the results of the same. The CPT is the first step towards qualifying for the Chartered Accountancy Program organised by the Institute of Chartered Accountants in India. In this blog, we will know about the CA CPT exam dates, eligibility, exam pattern, etc.

Name of the exam	Chartered Accountants Common Proficiency Test (CA CPT)
Another name	CA Foundation Exam
Conducting Body	Institute of Chartered Accountants of India (ICAI)
Language	English and Hindi
Online Application begins	May 2023
Date of Exam	June 2023
Application fee	INR 1800
Official Website	https://www.icai.org/post/exam

CA CPT 2023 Latest Updates

The ICAI has announced to release of the results for the December 2022 CA CPT Exam. The results are set to be released on 16 January 2023 on the official website of ICAI. The Candidates who appeared for the exam in December can check their results by entering their registration number or PIN and Roll number to check their results. 

Another important update is the upcoming June session of the CA CPT Exam 2023. The last date to register for the June session was 01 January 2023. The ICAI will soon release an official notification for the important dates regarding the examination. 

CA CPT 2023 Notification

The CA CPT Notification for 2023 will be released soon. The notification will cover dates regarding the registration window, correction window, exam dates, and results for the June 2023 CA CPT Exam. 

The candidates are advised to keep visiting the official website of ICAI for updates regarding the exam notification. The answer books for the CA CPT or Foundation exam are currently available for the candidates to cross-check their responses before the results are declared. 

Also Read: CA Subjects

CA CPT 2023 Exam Dates

The notification for the 2023 exam dates has not been published yet by the ICAI. The officially confirmed dates of registration and examination etc will be announced on the ICAI website soon. Here are the tentative dates for the CA CPT June Exam 2023. 

Event	Date
CA CPT Online Application begins	May 2023
CA CPT Online Application deadline	May 2023
Online Application correction window without late fee	June 2023
Online Application correction window with late fee	June 2023
CA CPT Admit Card	June 2023
CA CPT Exam Date	June 2023
CA CPT Results	August 2023

CA CPT 2023 Exam Pattern 

The CA CPT is a Paper Based Test (PBT) conducted offline at various exam centres decided by the organising body. The CA CPT is conducted in two different shifts over a weekend. The first shift starts from 10:30 am to 12:30 and the second shift is from 02:00 pm to 04:00 pm. The exam has four sections for which the candidates have to appear separately over different days or shifts. 

All questions in this exam are multiple-choice questions. Each correct answer in the answer sheet is awarded 1 mark and for each incorrect answer, 0.25 marks are deducted. Given below is the pattern for the CA CPT Exam 2023. 

Subjects	Duration	Marks
Principles and Practice of Accounting	3 hours	40
Section A: Business Laws Section B: Business Correspondence and Reporting	3 hours	60
Business Mathematics, Logical Reasoning and Statistics	2 hours	50
Business Economics and Business and Commercial Knowledge	2 hours	50

CA CPT 2023 Syllabus

The CA CPT Exam syllabus covers all possible aspects of exam questions. However, the candidates must note that the questions are designed to test the practical knowledge of the candidate in the given subjects and the questions will be structured accordingly. To enhance knowledge on the applicative use of the topics covered in the syllabus the candidates must practice test papers to better their scores. 

Principles and Practice of Accounting 

Theoretical Framework	Introduction to Company Accounts	Depreciation Accounting
Bank Reconciliation Statement	Partnership Accounts	Accounting Process
Accounting for Special Transactions	Preparation of Final Accounts for Sole Proprietors

Business Laws, Correspondence and Reporting 

The Indian Contract Act from sections 1 to 75, general overview and considerations, essentials of a valid contract etc

The Indian Partnership Act, 1932 and its General Nature of Partnership, Registration and dissolution of a firm under it and Rights and duties of partners

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

Business Mathematics, Logical Reasoning and Statistics

Theoretical Distributions	Limits and Continuity	Ratio and proportion
Sequence and Series: Arithmetic and geometric progressions	Indices	Sets, Functions and Relations
Logarithms	Equations	Inequalities
Statistics and data	Sampling Theory	Basics of Differential and Integral Calculus
Index Numbers	Measures of Central Tendency and Dispersion	Simple and Compound Interest
Permutations and Combinations

Business Economics and Business and Commercial Knowledge

Indian Economic Development	Introduction to Micro Economics	Theory of Demand and Supply
Micro Economics	Theory of Production and Cost	Price Determination in Different Markets
Overview of Indian Economy and its Select Aspects	Economic Reforms in India	Money and Banking

Also Read: CA Foundation 2023

Eligibility Criteria

There is a set eligibility criterion for the Chartered Accountant Foundation exam and the candidates sitting for the exam must fulfil those requirements to be eligible for admissions at any point if the candidate is unable to prove their eligibility they will be disqualified for the exam. The eligibility criteria for the CA CPT Exam foundation course are given below. 

1. To sit for the foundation exam in June 2023 session the candidate must be registered with the Board of Studies by January 2023. 
2. The candidate must have given the 10+2 exam from a centre or state-recognised institution before giving the foundation exam. 
3. The candidates whose 10+2 results are awaited can appear for the exam. 
4. There is no age limit for the CA CPT exam. 
5. There are no minimum marks required for the foundation exam but candidates who have secured 55% or more marks in Bachelor in Commerce are exempted from writing the foundation exam altogether. 

Application Process

The application process starts with the release of online application forms on the official website. The candidate who is already registered can log in using their credentials and fill out the application form. 

The application fee of INR 1800 has to be paid by the candidate before the final submission of the form. In case of late submission, an additional late fee of INR 600 will be applicable. The steps to apply for the CA CPT Exams are as follows:

1. Open the official website of ICAI: https://www.icai.org/post/exam.
2. Log in and click on ‘Apply for June 2023 CA CPT’.
3. Fill in the required details in the application form. 
4. Attach the required documents like passport size photograph and signature.
5. Pay the application fee through the payment gateway and print the fee receipt.
6. Download the application form and submit it. 

After the application window is closed, the candidates will be given a correction window of a few days. The correction window is open in two sessions, the corrections during the first session are free of charge and the corrections made in the second session of the correction window incur late fee charges. 

The changes allowed in the application form during the correction window is open are; the exam centre and the medium of the question paper. The rest of the details are permanent once entered. 

Admit Card 

Admit cards are generally released 14 days before the examination and contain the details of the test centre, course, roll number etc. All the candidates are required to carry a hard copy of the admit card for the examination. Entry to the exam hall without the admit card is prohibited. The steps to download the admit card are as follows:

1. Click on https:eservices.icai.org 
2. Login to your account using the login credentials.
3. Click on your dashboard and click on the Admit Card section.
4. Check your details as the Admit Card appears on the screen.
5. Take a print of the admit card for future use. 

How to Prepare for CA CPT 2023? 

It is essential that the candidates start preparing for the exam months before the exam date and only revise the sections when only a month is left. Candidates with a commerce background will have an added advantage in preparing for the CA CPT exam. The preparation tips for the CA CPT are given below. 

1. Accounting is the main subject of any CA exam. The student should have an in-depth knowledge of class 11th and class 12th Accounts. One should strengthen their basic concepts and enhance their calculation speed for scoring better in Accounts.
2. The Business law-based questions in the CA CPT exam are not theoretical textbook questions. The Business law-based questions are applicative in nature and practising mock tests and question papers can improve the candidate’s score in this field.
3. The key to cracking the economics section is to be proficient in class 11th and 12th concepts of economics and practice the ICAI Prescribed books for the same. The macroeconomics part is rather theoretical and consists of 25 marks weightage so the candidates can score better by focussing on this section. 
4. The Mathematics and Statistics part is basic but the candidate must not take it lightly. A good practice of basic class 10th Mathematics and Statistics can help in scoring good marks. 
5. The candidates should keep checking the latest syllabus for preparation and plan their study time properly. 
6. The ideal strategy is to always make notes of important points and resolve the difficult or exceptional questions separately to keep brushing them up. 

CA CPT Answer Key

The CA CPT Answer Keys for the December exam will soon be out. The candidates can avail of the answer keys on the official ICAI website. The candidates can check their answers and create a tentative score based on the answers they have written.

The answer key for CA CPT 2023 June exam will be released at least a week before the results are released. To download the answer key follow the given steps:

1. Open the ICAI official Website.
2. Click on the examination section, and a new window will open.
3. Click on the ‘Answer key for foundation course’ option on the page.
4. Enter the login credentials and download the answer key. 

Also Read: Company Secretary Course

CA CPT Results 

The CA CPT results are released on the official website of the Institute of Chartered Accountants of India. The scorecard is only released online and the candidates can get their scores through sms as well. The process of checking CA CPT results is given below.

1. Open the ICAI official website. 
2. Login using your credentials.
3. The student’s Dashboard will open. There will be a ‘Results’ tab on the dashboard.
4. Click on ‘Results’ and download your scorecard. 

Or

To receive the scorecard via sms the candidates have to send an sms stating ‘CPT_Exam roll number’ and send it to 58888. 

CA CPT Selection Process

The CA CPT is a paper-based test used as a benchmark in the selection of students for the CA Courses. The overall qualifying marks for the CA CPT are 50% or 100 marks out of 200 in the four sections combined. The required score in various sections is given below. 

Section	Score
Principles and Practice of Accounting	18 out of 60 (30%)
Business Laws, Correspondence and Reporting	12 out of 40 (30%)
Business Mathematics, Logical Reasoning and Statistics	15 out of 50 (30%)
Business Economics and Business and Commercial Knowledge	15 out of 50 (30%)

FAQs

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