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About ICAI

The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament, viz. The Chartered Accountants Act, 1949 (Act No.XXXVIII of 1949) for regulating the profession of Chartered Accountancy in the country. The Institute, functions under the administrative control of the Ministry of Corporate Affairs, Government of India. The ICAI is the second largest professional body of Chartered Accountants in the world, with a strong tradition of service to the Indian economy in public interest. 



You must have appeared for 10+ 2 examination or equivalent from a recognized institution

Get youself registered for Common Proficiency Test 60 days prior to the first day of the month in which CPT examination is to be held i.e. on or before 1st April and 1st October, can appear in the CPT examination to be held in June and December respectively.

Exam Details

Objective type examination of 4 hours duration is bifurcated into 2 sessions of 2 hours each with a break in between. CPT is an objective type test with negative marking*.

One Paper, Two Sessions Marks
Session 1
Section A: Fundamentals of Accounting 60
Section B: Mercantile Laws 40
Session 2
Section C: General Economics 50
Section D: Quantitative Aptitude 50
* Negative marking of 0.25 for each wrong answer

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