Frequently Asked Questions - CA
- I have completed my +2, how can I join for the CA Course?
- Can a student from any group in Intermediate (10+2) join CA?
- How many papers will be there for CPT? And how are the exams conducted?
- Who can join the course?
Congratulations on completing your 10+2, and also it is good to know that you are planning to join CA course. For this, you will have to take an entrance exam called CPT (Common Proficiency Test) followed by IPCC (Integrated Professional Competence Test) and Final.
Yes, why not. Any student who has completed his/her 10+2 is eligible to enrol for CA, but shall have to clear the first stepping stone of CPT (Common Proficiency Test) to move further towards realizing the CA dream.
It is an entry level test for Chartered Accountancy Course. It is a test of four subjects i.e., Fundamental Accounting, Mercantile Laws, General Economics and Quantitative Aptitude. This test is of 200 marks. This test is divided into two sessions of two hours each with a break in between. CPT is an objective type test with negative marking.Subjects:-
Fundamental Accounting : Accounting Exam will be for 60 Marks out of that you have to score 18.
Mercantile Law : Law Exam will be for 40 Marks out of that you have to score 12.
General Economics : Economics exam will be for 50 Marks out of that you have to score 15
Quantitative Aptitude : Exam will be for 50 Marks out of that you have to score 15.
Out of 200 student should score 100 in Total to pass CPT.
A student who has passed the Class 10 examination conducted by an examining body constituted by law in India or (an examination recognized by the Central Government as equivalent thereto) may register for Common Proficiency Test.
- What is the eligibility for appearing in the examination?
- How many papers will be there for IPCC? And how are the exams conducted?
- I heard passing CA is very tough? Is it true?
- If I join other courses like engineering and medical, I have a fair chance of passing. What if I join CA and could not complete?
A registered student may appear in Common Proficiency Test after he has appeared in the Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognised by the Central Government as equivalent thereto and has complied with such requirements as may be specified by the Council from time to time.
IPCC exams will have Two (2) groups: Group-1 will have Four (4) papers and Group-2 will have 3 papers. Students will have an option of writing the exam for each group separately or together.
All the good things are tough to obtain in this world; if we ourselves are not determined, everything will look tough in this world. Yes, CA is definitely tough to pass, if you are not coached properly & conceptually. We at LAKSHYA CA CAMPUS make this learning a worthwhile exercise so that your difficulties will be reduced.
As it is said: "The more difficult it is to reach your destination, the more you will remember the journey", hence make a right choice.
We agree with you if you join engineering or medical, you have a fair chance of passing, one thing we should understand here is that engineering and medical are degrees with a specified period of learning, whereas CA is a professional course which you will only pass provided you put in your hard and sincere efforts towards learning the concepts and their usage in the financial world.
CA is not a degree. OK, if you dont pass CA, what then? There are various courses offered in financial domain like ATC (Accounting Technician Course) which you can enroll and get a job-oriented training. Apart from this, you can enroll for a correspondence degree. And we are sure you be industry-ready if you equip yourself with the required skills.