Common proficiency test

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA
CPT EXAMINATION, DECEMBER, 2017 (Paper Pencil Mode Examination)
NOTES FOR INFORMATION AND GUIDANCE OF APPLICANTS

IMPORTANT DATES FOR CPT DECEMBER, 2017

1. Last date for registration to CPT Course with BOS	30th June, 2017
2. Commencement of Online filling of CPT Examination Form	4th October, 2017 (10:00 A.M. IST)
3. Last date & time for Login Creation/New User Registration	1st November, 2017 upto 5:30 P.M. (IST) #
4. Last date & time for submitting the form and making payment without Late Fee through already created Login	25th October, 2017 upto 23:59 P.M. (IST) #
5. Last date & time for filling the form and making payment with Late Fee through already created Login	1st November, 2017 upto 23:59 P.M. (IST) #
6. Last date for receipt of print out of online examination form duly filled up(PDF) without Late Fee	30th October, 2017
7. Last date for receipt of print out of online examination form duly filled up(PDF) with Late Fee	06th November, 2017
8. Date of CPT Examination	17th December, 2017 (Sunday)
9. Hosting of Correction Window -I [(without fee) will be available for one week from the date of hosting]	1st Week of November, 2017 (for one week) **
10. Hosting of Correction Window -II [(with fee) will be available upto 9th December, 2017]	4th Week of November, 2017 to 9th December, 2017. **
11. Likely date of declaration of result (icaiexam.icai.org)	Around mid January 2018
(For exact date of result and other regular updates, keep visiting website www.icai.org)

* Please see para 1.3(iii) hereinbelow

** Please see Para 1.23 herein below

Uploading of Scanned copy of the Declaration: Candidates may note that uploading of Declaration is a mandatory requirement. For doing this, before proceeding to fill up the exam form, candidates are advised to download the format of certificate (Click here for format of Certificate / Declaration), fill in the particulars, get it attested from your Parent/Guardian and Head of Educational Institution / Member of ICAI/ Gazzetted Officer , scan the same as a Jpg/Jpeg file of size 100-300Kb/ 200DPI resolution and keep it ready for uploading. While uploading, candidates are advised to give an undertaking that the image being uploaded pertains to the December, 2017 exam.

WHERE AND HOW TO SEND PRINTOUT OF ONLINE FORM BY POST

Please ensure you fill up and submit the form online strictly as per instructions by 25th October, 2017 (without late fee) or by 1st November, 2017 (upto 5.30 P.M.) (with late fee of Rs.600/-) and thereafter, send the printout of the same (after affixing your latest photograph and signature if the same are not appearing in the pdf, duly attested) to the address/es herein under BY SPEED POST/REGISTERED POST so as to reach us as under.

Last Date for Receipt of Printout of Exam Application form (PDF) filled Online Without Late Fee after affixing photograph and specimen signature (if the same are not appearing in the PDF) and the signed declaration duly countersigned by a member of the Institute/Principal/Gazetted Officer : 30th October, 2017.

Last Date for Receipt of Printout of Exam Application form (PDF) filled Online With Late Fee after affixing photograph (if the same are not appearing in the pdf) and the signed declaration duly countersigned by a member of the Institute/Principal/Gazetted Officer : 06th November, 2017.

Candidates are advised not to send their filled up form through private courier services. No responsibility for late/non-delivery will be taken by the ICAI. Please do not send more than one online form in one envelope.

Applicants whose photograph / signature are not appearing on the PDF have to affix their photograph & sign the PDF before necessary attestation and dispatch/submit the same to Exam Section.

Those candidates whose photographs and signatures are appearing on the PDF, need NOT send the printout of the PDF to Exam Dept.

IMPORTANT : Candidates are advised NOT to paste the photographs over the photographs already appearing in the PDF from the system (based on the respective candidates photograph and signatures appearing in the previous Exam forms submitted by him) or sign over the signature already appearing in the PDF from the system as NO cognizance of the same will be taken of and such changes will be summarily ignored.

Printout of Exam Application form (PDF) received after 06th November, 2017 will not be entertained under any circumstances. Therefore, candidates are advised to fill up the exam forms online at an early date to avoid last minute technical glitches and send the PDF form generated at least 3-4 days in advance of the last date.

1. INTRODUCTION

1.1 Common Proficiency Test (CPT) is a gateway to enter into the profession of Chartered Accountancy. CPT is open for candidates who have registered for the Common Proficiency Course with the Board of Studies of the Institute on or before the last date for registration, i.e 30th June,2017 and have appeared or passed or going to appear in October/November, 2017 in 12^th class or equivalent recognised examination*. This is an objective type examination of 200 marks comprising four sections. These Guidance Notes are exclusively meant for Paper-Pencil Mode CPT to be held on 17th December, 2017.

* As per decision of the Council of the ICAI, candidates with certain higher qualifications are also eligible to appear in CPT (for complete details , please see clause 36, click here for the list of examinations recognized as equivalent to Senior Secondary Examination).

1.2 Paper-Pencil (PP) Mode CPT.
The Paper-Pencil Mode CPT is conducted twice in a year in the months of June and December. The language of Question Paper Booklet will be English/Hindi.

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'विद्यार्थी मित्र' जॉईन करा आणि मिळवा न्यूज, जॉब, माहिती अगदी विनामूल्य ते ही आपल्या व्हॉटस्अॅपवर. <नाव> <शहराचे नाव> <नोकरी>७७२०० २५९०० मेसेज व्हॉटस्अॅपवर पाठवा

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Commerce

Common Proficiency Test

Poona College Of Pharmacy, Erandwane, Pune

1.3 ELIGIBILITY
Eligibility Requirements to appear in CPT (Regulation 25D (1) may be referred to for full details).

A candidate shall be eligible to appear in Common Proficiency Test scheduled to be held in December, 2017, if he/she has:
i) Either passed or appeared in the Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto and has complied with such requirements as may be specified by the Council from time to time. (Click here for the list of examinations recognized as equivalent to Senior Secondary Examination); and

ii) Registered for/switched over to Common Proficiency Course with Board of Studies of ICAI on or before 30th June, 2017 and

iii) Revalidated his/her registration to Common Proficiency Course (as applicable):

As decided by the Council, the registration to the Common Proficiency Course is valid for a period of 3 years and the student is required to revalidate the same from the concerned Regional Office on expiry of the said period. Further, in order to be eligible for the examination, the student must be having a valid Registration number on the date of application to the Examination. Accordingly, please ensure that your Registration for the Common Proficiency Course is valid as on date of filling Examination Application Form. Please visit http://www.icai.org/new_post.html?post_id=9260 for details.

1.3.1 Exemption from Appearing in CPT:

Candidates who are graduate or post graduate in Commerce having secured in aggregate a minimum of 55% of total marks or its equivalent grade in the examination conducted by any recognized University (including Open University) with certain subjects OR Graduates or Post Graduates other than those falling under Commerce stream mentioned above having secured in aggregate a minimum of 60% of the total marks or its equivalent grade in the examination conducted by any recognized University (including Open University) are exempted from passing CPT. For more details, please visit the Institute’s website www.icai.org.

1.4 The Common Proficiency Test (CPT) in Paper-Pencil Mode (PP Mode) will be held on 17th December, 2017 in accordance with the existing scheme of education, training and examination of the Chartered Accountancy Course. It is a 4 hours duration test comprising two sessions of 2 hours each with a break between two sessions. The Test will comprise objective type questions with negative marking for choosing wrong answers.

All students registered for Common Proficiency Course on or before 30th June, 2017 with the Board of Studies of the Institute and who have passed / already appeared or going to appear in October/November, 2017 in 10+2 examination or equivalent (Click here for complete details of qualifications in this regard) and who have revalidated their CPT registration , if registered on or before 30th June, 2014(as per Board of Studies Announcement No. BOS/Announcement/227/13 dated 22nd January, 2013 hosted on the website of the Institute www.icai.org) will be eligible to appear in the CPT to be held in December, 2017.

1.5 Date, Timings and Minimum Marks for Passing the Common Proficiency Test
In order to pass the CPT (Examination), a candidate is required to secure, at one sitting, a minimum of 30 percent marks in each Section and a minimum of 50 percent marks in the aggregate of all Sections, subject to the principle of negative marking, being 1/4 Mark (one fourth) for each wrong answer, as per Regulation 36A of CA Regulations, 1988. Common Proficiency Test will be held on Sunday, the 17th December, 2017 in two sessions as per details given below:

Session	Section	Subject	Maximum Marks	*Minimum Marks**	Timings	Reporting Time
Morning Morning	A B	Fundamentals of Accounting Mercantile Laws	60 40	18 12	10.30 A.M. to 12.30 P.M. (IST)	10.00 A.M. (IST)
BREAK FROM 12.30 P.M. TO 1.30 P.M. (IST)
Afternoon Afternoon	C D	General Economics Quantitative Aptitude	50 50	15 15	2.00 P.M. to 4.00 P.M.(IST)	1.30 P.M. (IST)
		Total	200	100*

1.5.1 TIMINGS FOR OVERSEAS CENTRES

CENTRE	SESSION	LOCAL TIMINGS	REPORTING TIME
ABU DHABI, DUBAI & MUSCAT	Morning	9.00 A.M. to 11.00 A.M. UAE local time	8.30 A.M. UAE local time
ABU DHABI, DUBAI & MUSCAT	Afternoon	12.30 P.M. to 2.30 P.M. UAE local time	12.00 Noon UAE local time
DOHA	Morning	8.00 A.M. to 10.00 A.M. Qatar local time	7.30 A.M. Qatar local time
DOHA	Afternoon	11.30 A.M. to 1.30 P.M. Qatar local time	11.00 A.M. Qatar local time
KATHMANDU	Morning	10.45 A.M. to 12.45 P.M. Nepal local time	10.15 A.M. Nepal local time
KATHMANDU	Afternoon	2.15 P.M. to 4.15 P.M. Nepal local time	1.45 P.M. Nepal local time

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1.6 Subjects and Syllabus


	Common Proficiency Test will be of one paper of 200 marks and will consist of the following four sections:
	A. Fundamentals of Accounting C.General Economics B. Mercantile Laws D.Quantitative Aptitude
	The syllabus for these four subjects(sections) will be as specified by the Council under Regulation 25D(3) of the Chartered Accountants Regulations, 1988 and as published in the Journal of the Institute "The Chartered Accountant", August 2006 issue (pages 291-293) and the Student's Newsletter of the Institute, "The Chartered Accountant Student", August 2006 issue (Pages 12-13) and also available at www.icai.org .
	1.7 Cities where CPT will be held
	Click here for the list of Cities where CPT will be held on 17th December, 2017. Each candidate is expected to choose only one centre as his choice of examination centre. Candidates may note that the choice of centre once exercised is final and no request for change of examination centre will thereafter be entertained under any circumstances.
	1.8 Examination Fee
	Fee of Rs. 1000/- (Rupees One Thousand only) for centres in India, US $ 300/- for Abu Dhabi, Doha, Dubai & Muscat centres and INR 1700/- (Rupees One Thousand Seven Hundred only) for Kathmandu centre can be remitted using online payment gateway facility with VISA/Master/Maestro Credit/Debit Card. Late fee of INR 600/- (USD 10) is applicable on payments made on-line from 26th October, 2017 In addition to the applicable fee payable to the Institute by the candidate towards the exam, they will be required to pay bank charges at the following rates, while paying the said fee, on-line through the payment gateway. These are charges payable by the candidate to the bank and will be recovered along with the applicable fee payable to the Institute:- Credit Cards:- Domestic : 0.50% + GST Domestic Debit Cards :- Domestic Debit Card for payments upto Rs. 1000 : 0.25% + GST thereon Domestic Debit Card for payments greater than Rs. 1000 : 0.5% +GST thereon International Card :- International Card: 0.5% +GST thereon Candidates with permanent disabilities and who hold a valid Permanent Concession Card issued by ICAI are exempt from payment of examination fee for CPT. Such candidates who have not been issued Permanent Concession Card can apply for the same, procedure in this regard, is available at https://icai.org/ in the Students -> Examination section. Candidates with permanent disabilities not having Permanent Concession Card from ICAI can apply for CPT paying the examination fee in the meantime, (so as not to miss the last date for submission of examination form) & seek refund of the same, upon receipt of Permanent Concession Card, as and when it is issued.

	1.9 Admit Card
	Issue of Admit Cards: Admit card with photograph and signature of all the candidates will be hosted on http://icaiexam.icai.org generally 21 days prior to the date of examination. Candidates may print their admit card from the website, which will be valid for admission to the examination. They will be required to print their admit card by logging-in and selecting the Admit Card from their dashboard from the above mentioned website. So also, candidates are advised to keep a photo copy of the PDF of the filled up exam application with them for reference, whenever they correspond with ICAI Exam Department. Candidates, whose eligibility is in doubt, will be addressed for clarification/submission of documentary evidence with reference to fulfilment of eligibility requirements, as the case may be, normally 14 days prior to the date of CPT. Admission to CPT and result thereof shall be provisional and subject to verification of the candidate fulfilling the eligibility requirements in terms of Regulation 25 D of the Chartered Accountants Regulations, 1988 and decision of the Council of the Institute. In case of any difficulty, Helpline Desk may be contacted on telephone Nos. 0120-3054851, 3054852, 3054853,3054854,3054835,4953751,4953752, 4953753 and 4953754 or on Fax No.0120-3054841/3054843. On printing of admit card from website, each candidate is advised to verify his Name, Registration Number, Photograph, Signature, Centre, Language of Question Paper Booklet, etc. In case of any discrepancy, Helpline Desk should immediately be contacted.
	1.10 Requirement for Passing the Common Proficiency Test
	[As revised in terms of the decision of the Council taken at its 317th meeting in pursuance of Notification No. I-CA(7)/145/2012 dated 1st August, 2012 and made effective from CPT held in June 2013 and onwards] A candidate for the Common Proficiency Test shall ordinarily be declared to have passed the test if he/she obtains at one sitting a minimum of thirty percent marks in each section and a minimum of fifty percent marks in the aggregate of all the sections comprised in CPT (Examination), subject to the principle of negative marking, in such manner as may be determined by the Council from time to time.
	There will be negative marking for each wrong answer. ¼ (One Fourth) mark will be deducted for each wrong answer. Please note that multiple darkened circles for a question will also be treated as wrong answer.
	Any fraction of mark will be rounded off to the next full mark. It is clarified that there is no provision for improvement of result of CPT examination in the Chartered Accountants Regulations, 1988. Therefore, such students who have once passed the CPT examination are not eligible to apply/appear afresh/again in the CPT examination.
	1.11 Need to appear in both sessions of CPT
	CPT will be held in two sessions as explained in Para No. 1.5 and 1.5.1 hereinbefore. Candidates are necessarily required to appear in both the sessions i.e. morning session and afternoon session of CPT. It may be noted carefully that in the event of any candidate appearing in the morning session and choosing to absent himself/herself in the afternoon session or vice-versa due to any reason whatsoever, he/she shall be deemed as absent in toto in CPT and his/her result shall not be processed/prepared/published.
	1.12 Option to choose Question Paper Booklet in English or Hindi
	Each candidate is expected to choose the language of the Question Paper Booklet at the very outset in the CPT examination application form and no change thereafter will be allowed under any circumstances. However, the Answer Sheets will be in English language only. In the event of a student not exercising his option at the time of filling up the form, English language will be taken as the option exercised by the candidate, by default. 1.13 Click here for the Guidelines and Procedure to be followed regarding granting of writer/compensatory-time to the Candidates with disabilities.

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Application Start Date	:	4th October 2017
Application End Date	:	1st November 2017
Exam Date	:	17th December 2017
Result Date	:
Conducted By	:	Institute of Chartered Accountants of India
Official Website	:	http://icaiexam.icai.org