CA CPT 2023: Exam Date (Out), Application, Eligibility

CA CPT 2023: The CA CPT 2023, also known as Common Proficiency Test for admission to the Chartered Accountant course. It is one of the most sought-after entry-level exams among students for a very long time. CA CPT exam is replaced by CA Foundation Exam. This Chartered Accountancy CPT exam is conducted twice a year, in June and December cycle.

The CPT Exam for June 2023 session application process is completed between 03 Feb to 03 March 2023. Now, the exam will be conducted between June 24 to June 30, 2023. The CPT is the first step towards qualifying for the Chartered Accountancy programme organised by the Institute of Chartered Accountants in India. In this blog, we will know about the 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	Feb 03 to March 03, 2023
Date of Exam	June 2023
Application fee	INR 400
Official Website	https://www.icai.org/post/exam-may-june-2023

CA CPT 2023 Latest Updates

The ICAI has announced CA Foundation 2023 exam date. As per the available information, candidates need to appear for the exam at the exam centre between June 24 to 30. Another important update is for the December session of the exam 2023. The registration process for the December session will begin on October 1st 2023. 

CA CPT 2023 Notification

The CA CPT Notification for June 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. 

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 CA 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 is yet to be published 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	Tentative Date
CA CPT Online Application begins	Feb 03, 2023
CA CPT Online Application deadline	March 03, 2023
Online Application correction window without late fee	March 04, 2023
Online Application correction window with late fee	_
CA CPT Admit Card	June 10, 2023
CA CPT Exam Date	June 24 to 30, 2023
CA CPT Results	August 2023

CA CPT 2023 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. 

CA CPT 2023 Exam Pattern 

The CA CPT is a Pen-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.

Particulars	Relevant Details
Exam Date	June 2023
Exam Mode	Offline
Duration	2 Hours
Exam Shift	First Shift: 10:30 am to 12:30 am Second Shift: 2:00 pm to 4:00 pm
Language	English and Hindi
Total Sections	4
Type of Questions	Objective based

CA CPT 2023 Exam Pattern

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
Fundamentals of Accounting	3 hours	60
Mercantile Laws	3 hours	40
Quantitative Aptitude	2 hours	50
General Economics	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. 

Fundamentals 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

Mercantile Laws

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.

Quantitative Aptitude

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
Permutations and Combinations	Measures of Central Tendency and Dispersion	Simple and Compound Interest

General Economics

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 the Indian Economy and its Select Aspects	Economic Reforms in India	Money and Banking

Also Read: CA Foundation 2023

CA CPT 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 April 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. 

CP CPT 2023 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 400 has to be paid by the candidate before the final submission of the form. The steps to apply for the CA CPT Exams are as follows:

1. Open the official website of ICAI.
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. 

How to Prepare for CA CPT 2023? 

The candidates must 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. Clear Basic Concept- 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. Practice Mock Test- The Business law-based questions in the CA CPT exam are not theoretical textbook questions. The Business law-based questions are applicative and practising mock tests and question papers can improve the candidate’s score in this field.
3. NCERT Economics is the Key- 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. Stay Updated- The candidates should keep checking the latest syllabus for preparation and plan their study time properly. 
6. Make Handwritten Notes– 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 2023 Answer Key

The CA CPT Answer Keys for the June exam will be declared after the examination. Candidates can avail of the answer keys on the official ICAI website. 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 2023 Results 

The CA CPT results will be 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 2023 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 this exam 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%)

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