Common Proficiency Test

Common Proficiency Test

Mode of ExamOffline
Level of ExamNational Level

CPT or Common Proficiency Test (Renamed as "Foundation Course" from 2021) is the first or entry level examination of the prestigious Chartered Accoutancy course which is conducted bt Institute of Chartered Accountants of India (ICAI) every year. This exam is often termed as the gateway of CA exam and can be taken up by a student immediately after he is done with his class 12th board exams. The exam is conducted twice a year, in the months of June and December respectively.

Common Proficiency Test is an objective type multiple choice questions based examination carrying 200 marks.

The pen and pencil mode exam is of 4 hours divided into two sessions of 2 hours each. The question paper is widely divided into four sections.

A.Fundamentals of Accounting                            

B.Mercantile Laws

C.General Economics

D.Quantitative Aptitude

The weightage of each section is as followed:



Maximum marks

Minimum marks


Fundamentals of Accounting




Mercantile Laws




General Economics




Quantitative Aptitude







There’s negative marking 1/4 mark deduction (one fourth) for each wrong answer.

Candidates will be allowed to opt for Hindi medium Question Paper Booklet for answering the questions.

The students who qualify the CPT exam are eligible for the next phase of CA exam which is known as Integrated Professional Competency Course (IPCC).


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.


To sit for the foundation exam in June 2023 session the candidate must be registered with the Board of Studies by April 2023.

The candidate must have given the 10+2 exam from a centre or state-recognised institution before giving the foundation exam.

The candidates whose 10+2 results are awaited can appear for the exam.

There is no age limit for the CA CPT exam.

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.


Exemption from Appearing in CPT: 

A student who wishes to pursue Chartered Accountancy may or may not take the Foundation Course (CPT). There is an alternate way through which the aspirant will not have to take the CPT exam:

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. They can, hence, directly appear for IPCC exam.



CPT syllabus:

Fundamentals of Accounting

1.Theoretical Framework

  • Meaning and Scope of accounting
  • Accounting Concepts, Principles and Conventions
  • Accounting Standards – concepts, objectives, benefits
  • Accounting Policies
  • Accounting as a measurement discipline – valuation principles, accounting estimates

2.Accounting Process
3.Bank Reconciliation Statement
4. Inventories
5. Depreciation accounting
6. Preparation of Final Accounts for Sole Proprietors
7. Accounting for Special Transactions
8. Partnership Accounts
9. Introduction to Company Accounts

Mercantile Law

  • The Indian Contract Act , 1872
  • The Sale of Goods Act, 1930:
  • The India Partnership Act, 1932

General Economics

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

Quantitative Aptitude

  • Ratio and proportion, Indices, Logarithms
  • Equations
  • Inequalities
  • Simple and Compound Interest including annuity ? Applications
  • Basic concepts of Permutations and Combinations
  • Sequence and Series – Arithmetic and geometric progressions
  • Sets, Functions and Relations
  • Limits and Continuity - Intuitive Approach
  • Basic concepts of Differential and Integral Calculus (excluding trigonometric functions)
  • Statistical description of data
  • Measures of Central Tendency and Dispersion
  • Correlation and Regression
  • Probability and Expected Value by Mathematical Expectation
  • Theoretical Distributions
  • Sampling Theory
  • Index Numbers
Application Start Date :

3rd February 2023

Application End Date :

3rd March 2023

Exam Date :

24th June 2023

Result Date :
Conducted By :

Institute of Chartered Accountants of India

Official Website : http://icaiexam.icai.org