Common Proficiency Test (CPT)

Features-
1. CPT is an entry level test for Chartered Accountancy Course.
2. It is an objective type test of 200 marks, divided into 2 sessions of 2 hrs each.

CPT Subjects -
There are 4 subjects to be studied namely -
1. Accounting (60 Marks)
2. Mercantile Laws (40 Marks)
3. General Economics (50 Marks)
4. Quantitative Aptitude (50 Marks)

Who can register?
A student who has passed the Class X examination.

When to register?
On or before 1st April and 1st October for examination to be held in June and December every year.

When to sit for the exam?
A registered student may sit for the Common Proficiency Test after he has appeared in the Senior Secondary Examination (10+2 examination).

Integrated Professional Competency Course (IPCC)

Features -

• This is the second stage of the chartered accountancy curriculum wherein working knowledge of core and allied subjects of accountancy profession are covered. 

• This is a subjective type test, divided into 2 groups. First group consists of 4 papers and the second group comprises of 3 papers.
  

IPCC Subjects -
Group I: 4 Papers
1. Accounting (100 Marks)
2. Business Laws, Ethics and Communication (100 Marks)
- [Law (60 Marks): Business Laws (30 Marks), Company Law (30 Marks);Business Ethics (20 Marks) and Business Communication (20 Marks)]
3. Cost Accounting and Financial Management (100 Marks) -
[Cost Accounting (50 Marks); Financial Management (50 Marks)]
4. Taxation (100 Marks) - [Income Tax (50 Marks); Service Tax (25 Marks) and VAT (25 Marks)]
Group II: 3 Papers
1. Advanced Accounting (100 Marks)
2. Auditing and Assurance (100 Marks)
3. Information Technology and Strategic Management (100 Marks) -
[Information Technology (50 Marks); Strategic Management (50 Marks)]

Who can join the IPCC?
A student who has passed Common Proficiency Test (CPT) and Senior Secondary Examination (10+2 examination) may join the Integrated Professional Competence Course (IPCC).

• Highly honoured and dignified profession in the society.
• High demand in industry even in recessionary period, thereby stable and secure.
• Attractive salary packages in industry (minimum starting package ranges from 3 to 6 lac p.a.).
• One can start earning in just 4.5 years after class XII.
• Affordable course fee supported by stipend during article ship(ICAI Course fee approx. 45000/-, while stipend receivable by articleship approx. 36000/-).
• Course backed by theoretical and practical knowledge hence a CA can fit in any diverse environment.
• Compulsory IT training as part of CA course curriculum makes every CA student computer literate.
• Suitable even for average intelligence but hardworking students.
• The total number of CAs are controlled by a central institute in Delhi, called Institute of Chartered Accountants of India, established by the Act of the parliament in 1949. Thus, CAs never reach a saturation level like some other profession in the industry.
• Till date, there are only 150,000 CAs in India. Hence, the ratio of CAs to our population is 1:10000 persons. Consequently, there is a huge gap between current availability of CAs v/s their requirement in the economy, offering large opportunities for new entrants in this field in the coming years.
• Simplified entrance exam- CA CPT (An objective type exam containing subjects- Accounts, Maths, Economics and Law).

• CA Faculty for all subjects.
• Printed comprehensive study material covering 100% syllabus.
• Collection of more than 25000 practice questions.
• Bi- weekly on-line mock tests in strict exam conditions to increase accuracy and speed.
• Special doubt clearing and performance evaluation sessions.
• Efforts to lay down a strong fundamental base in CPT students for further CA levels.
• Overall personality development and vedic mathematics session.
• Library, reading room & mess facility (dormitory for outstation students).
• Scholarships for meritorious students.
• Special lectures for -
  Hindi medium students
  Non Commerce students
  Droppers
• Concessional fee for Droppers