CA CPT 2023: Exam (June), Syllabus for CA Entrance Exam

CA CPT 2023 or Chartered Accountant Common Proficiency Test is scraped by the Institute of Chartered Accountants organizes which is the qualifying and first stage examination for Chartered Accountancy Program. This is a national-level examination conducted twice a year. Even a Class X or equivalent student can register for Chartered Accountant Common Proficiency Test. The aspirants can enroll themselves for the examination after passing Class XII or equivalent. Interested candidates can go through the following article for detailed information regarding the CA Foundation exam. 

The Common Proficiency Test (CPT) is a national-level entrance exam that is conducted by the Institute of Chartered Accountants of India (ICAI) for admission to the Chartered Accountancy (CA) course. The CPT is a computer-based test (CBT) and consists of 100 multiple-choice questions.

Latest Update:

The CPT 2023 exam will be conducted on June 24, 25, 26, and 30, 2023. The exam will be held in two shifts:

• Shift 1: 10:00 AM to 12:00 PM
• Shift 2: 2:00 PM to 4:00 PM

The result of the CPT 2023 exam will be announced on August 2023. The result will be available on the ICAI website.

CA CPT 2023 Important Dates

The CPT 2023 exam is a gateway to the CA course. The important dates of CA CPT 2023 exam are given in the table below.

CA CPT Exam Dates

Events of CA CPT	Important Dates(Tentative)
Online Application Form of CPT 2020 begins	May 2023
Last date of filling application and making the payment (without late fee)	May 2023
Last date of filling application and making the payment (with late fee)	May 2023
Application Correction Window I (without late fee)	June 2023
Application Correction Window II (with fee)	June 2023
Admit Card	June 2023
Exam date	June 2023
Result declaration	August 2023

These are the officially announced dates of CA Foundation. Candidates can keep visiting this page for the latest dates as notifies by the officials.

CA CPT 2023 Syllabus

CA CPT 2023 Syllabus is mentioned below according to the syllabus of  CPT exam 2023 in detail:

Fundamentals of Accounting          

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

General Economies  

• Micro Economics, Introduction to Micro Economics, Theory of Demand and Supply, Theory of Production and Cost, Indian Economic Development, Indian Economy – A Profile, Select Aspects of Indian Economy, Price Determination in Different Markets, Economic Reforms in India, Money and Banking.

Mercantile Laws       

• The Indian Contract Act, 1872: An overview of Sections 1 to 75 covering the general nature of contract, consideration, other essential elements of a valid contract, performance of contract and breach of contract, The Indian Partnership Act, 1932: General Nature of Partnership – Rights and duties of partners – Registration and dissolution of a firm, 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          

• Ratio and proportion, Indices, Logarithms, Equations, Sets, Functions and Relations, Inequalities, Sequence and Series – Arithmetic and geometric progressions, Limits and Continuity ─ Intuitive Approach, Correlation and Regression, Theoretical Distributions, Sampling Theory, Basic concepts of Differential and Integral Calculus, Statistical description of data, Measures of Central Tendency and Dispersion, Index Numbers, Simple and Compound Interest including annuity – Applications, Basic concepts of Permutations and Combinations.

Download CA Foundation Syllabus Here.

Why is ICAI going to scrap the CPT exam?

According to the ICAI, the entire curriculum was being revamped, and therefore, the ICAI wanted to make a single entry accounting system for various government accounts instead of double entry. As a result, the accounts of government departments became more transparent.

Previously, the CPT exam was held for class 12 pass out candidates, and it was of 200 marks. However, it was replaced by the Foundation course, which was of 400 marks for 12th class pass outs.

Furthermore, the ICAI introduced a new rule for direct admission in the CA course. Candidates who scored 55 percent marks in B.com and 60 percent marks in B.Sc or B.Tech were eligible for direct enrolment in the CA course. According to sources, the ICAI abolished the CPT entrance exam for CA aspirants from November 2016 and reinstated the Foundation course.

CA CPT 2023 Application Form

Given below are some general information on the application forms. Read them carefully to remove all doubts about it.

• CA CPT application form will be released in online mode.
• Candidate can fill the CA CPT application form through the official website.
• The applicant has to provide valid and working information in the form.
• Candidate are requested to fill the application carefully.
• Multiple forms of a single candidate might be rejected by the ICAI.

How to fill the CA CPT 2023 Application form?

The procedure for filling the application form is given below.

• Firstly, the aspirants should visit the official website of ICAI. i.e. icaiexam.icai.org

• Then, the candidates need to fill the details such as Full Name of Applicant, Date of Birth, Sex, Mother’s Name, Father’s Name, Address, Category, Nationality, Medium of Study, Educational Qualification, Recent Passport Sized Photograph.
• Further, the applicants must pay the application form fee through ICICI Bank.
• Finally, the candidates have to take a print out of the ca CPT 2020 registration form and attach the necessary documents and send it to the Institute of Chartered Accountants of India.

CA CPT 2023 Application Fee

The complete details of the fee of CA CPT is given below.

Test Centre In	Form Fees	Exam Fee	Total Fee	Late Fee	Total With Late FEE *
India	Nil	Rs.1000/-	Rs.1000/-	Rs.600/-	Rs.1600/-
Kathmandu (Nepal)	Nil	Rs.1700/-	Rs.1700/-	Rs.600/-	Rs.2300/-
Abu Dhabi (U.A.E.)/Doha/Dubai/Muscat	Nil	USD 300	USD 300	USD 10	USD 310

Mode of Payment: Applicants can pay their application fee through online mode by using Master/VISA/Maestro Credit/Debit Card.

Additional Charges:

Credit Cards: Domestic Credit Cards: 0.50% + GST

Domestic Debit Cards / Rupay Cards:

Upto Rs. 2000: Nil
Greater than Rs. 2000/- : 0.9% + GST

International Card: 0.5% +GST
Net Banking: Nil

BHIM UPI: Upto Rs. 2000/-: Nil
Greater than Rs. 2000 : 0.65% + GST

CA CPT 20201 Application Correction Window

The detailed information regarding the CA CPT Application Correction Window is given below.

• The correction window is available in two separate sessions.
• Session first which is called “Correction Window” will be free of cost.
• Session second which is called “Corrections with fee-Window” will be for a fee of Rs 1000/- per application.
• The process of application form correction is complete online.
• Request for the changing the details will not be accepted through post/ email.

Details Which Can be Edited 

In the Application Form, Applicant can only edit their Test Center and Medium of the Question Paper. Other than these details, the candidates shall not be allowed to make correction in the Application form.

How to Edit Details in CA CPT 2023 Application Form?

The procedure of the CA Foundation Application Form correction is given below.

• Visit the official website of ICAI. i.e. www.icaiexam.icai.org
• Candidates need to log in by entering their Login ID / Password.
• Click on the “Login” button.
• On submitting the login details, the Dashboard will appear on the screen.
• On the dashboard, the candidates need to click on the relevant link and start editing the details.
• Now, before the final submission, the candidates should verify that the details edited by them are correct or not and then submit it.

CA CPT 2023 Eligibility Criteria

The vital information regarding the CA CPT Eligibility criteria.

• Age Limit: There is no age limit for appearing in the exam.
• Educational Qualification: Candidates have to pass their Intermediate (10+2 Standard).
• Marks Required: The candidates who have completed a bachelor or masters degree in commerce with a percentile of 55% marks were exempted from appearing in CA CPT.
• Appearing Candidate: Appearing candidates are eligible to apply for CA CPT.

CA CPT 2023 Exam Pattern

CA Exam 2023 Pattern is mentioned below which gives ample information:

CA-CPT 2023 Question Paper Format

Exam Mode	Offline (PBT)
Maximum marks	200 marks
Duration	first shift would be from 10:30 am to 12:30 pm and the 2nd shift will be from 2:00 pm to 4:00 pm.
Medium	English
Marking scheme	1/4 marks will be deducted for every incorrect answer
Type of questions	Multiple-choice questions (MCQ)

Section-wise distribution for the questions of CA CPT 2023

Shift	Sections		Marks	Timings
First Session	A – Fundamentals of Accounting		40	10:30 am – 12:30 pm (two hours)
	B – Mercantile Laws		60
Second Session	C – General Economics		50	2:00 pm – 4:00 pm (two hours)
	D – Quantitative Aptitude		50
Total	4		200	4 hours

CA CPT 2023 Admit Card

The detailed information regarding CPT Admit Card 2023 is given below.

• The admit card for will be released in online mode.
• Candidates will be able to download the admit card from the official website.
• Take the print out of the admit card for future reference.
• Admit Card is a very important document for the examination.
• Candidates must carry the admit card with them at the time of examination.
• Entry is prohibited without the admit card.

CA CPT 2023 Result

The detailed information regarding the CA CPT Result is given below.

• The result will be released in August 2023.
• Scorecard will be released through online mode.
• Candidates will be able to check the result from the official website.
• Candidates will receive their result through SMS also.
• It is necessary to provide a valid and working phone number.

CA CPT Answer Key 2023

CA CPT Answer key will be released by the ICAI on the official website. Various Coaching institutes will also release the answer key after the commencement of the exam. Candidates can check the unofficial answer keys till the authority releases the official answer key to evaluate their performance in the exam.

How to receive CA CPT Result through SMS?

The procedure of getting CA Foundation result through SMS is given below.

• Firstly, aspirant need to compose the new message and type CPT space Roll number.
• The aspirant needs to send it to the 58888.
• Candidate will receive their result.

How to check the CA CPT 2023Result on the Official website?

The procedure of checking the CA CPT result is given below.

• Visit the official website of ICAI. i.e. www.icaiexam.icai.org
• Candidates need to log in by entering their Login ID / Password.
• Click on the “Login” button.
• On submitting the login details, the Dashboard will appear on the screen.
• On the dashboard, the candidates need to click on the result link.
• The result will be displayed on the screen.

NOTE: Take the printout of the result for further use.

CA CPT 2023 Cut off

This cut off is based on the CA CPT 2023 exam.

Section	Sectional cutoff for CPT	Overall qualifying cutoff for CPT
Section A – Fundamentals of Accounting	Minimum 18 marks out of 60 marks (30%)	100 out of the maximum marks 200 (50%)
Section B – Mercantile Laws	Minimum 12 out of 40 marks (30%)
Section C – General Economies	Minimum 15 out of 50 marks (30%)
Section D – Quantitative Aptitude	Minimum 15 out of 50 marks (30%)

Candidates can keep visiting this page for the latest updates.

CA CPT 2023 Highlights

The detailed information regarding the CA CPT exam is given below.

Name of Exam	CA CPT 2023
Full Name	Chartered Accountant Common Proficiency Test
Conducting Body	Institute of Chartered Accountants
Official Website	www.icaiexam.icai.org
Level of Exam	First Stage of CA
Minimum Eligibility Criteria	12th Pass

FAQs

What is CA CPT?

Common Proficiency Test (CPT) is an entry-level test for Chartered Accountancy Course. It is a test of four subjects i.e. Accounting, Mercantile Laws, General Economics and Quantitative Aptitude to test basic knowledge in these subjects areas.

Is CA CPT tough?

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 articles, and on towards a bright future.

Is CPT replaced by Ca Foundation?

Now new subjects have been added in CPT and exam is renamed as CA foundation- entry-level exam to become CA. Moreover, the new pattern is a blend of objective and subjective paper.

What is the pass mark for CA CPT?

n order to pass the CPT (Examination), a candidate is required to secure, at one sitting, a minimum of 30 per cent marks in each Section and a minimum of 50 per cent marks in the aggregate of all Sections, subject to the principle of negative marking, being 1/4 Mark (one fourth) for each wrong answer.

Stay connected to entrancezone for the latest updates regarding CA CPT(CA Foundation).