Breaking News pass percentage criteria for CPT students

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CA Ayush Agarwal

Kolkata-Pune-Mumbai

16878 Points Posted on 30 November 2010

Breaking News

CPT Pass criteria to change.

Min 30%in each section and aggregate 50 %

Source: December month ICAI president's Message.

Ayush Agrawal

Replies (11)

Guest

Posted on 30 November 2010

now this is tough.. many ppl find CPT maths difficutl...now they have to attempt every section...

CA.ViVeK M ACA

ACCOUNTS DEPARTMENT

16378 Points Posted on 30 November 2010

Yes..It is required..Since some students may score Zero and may score well in other papers may clear the CPT and without knowing the fundamental of Accounting he may be enter with I PCC and may be struggle a lot in that respect..So it is a good decision in my opion

MS SAMEER

CMA*CA*CMDM*ast FUND MANAGER*LEGAL ADVIS

6560 Points Posted on 30 November 2010

TNQ

Vinay Raja

student-IPCC

461 Points Posted on 30 November 2010

but it is not applicable to december attempt....gud luck guys

Santhosh Poojary

SIEMPRE AHÍ PARA TI

9512 Points Posted on 03 December 2010

Common Proficiency Test - Proposed amendment in the Chartered Accountants Regulations, 1988 - (30-11-2010)

30th November, 2010

ANNOUNCEMENT

Common Proficiency Test - Proposed amendment in the Chartered Accountants Regulations, 1988

The President in his column (President’s page) in the December, 2010 issue of the Journal, `The Chartered Accountant’ has inter-alia conveyed the decision of the Council as under:

Common Proficiency Test: The Council at its 300th meeting reviewed the requirement for passing the Common Proficiency Test and decided that a candidate shall have to obtain at one sitting, a minimum of 30 per cent marks (out of maximum marks specified by the Council for each Section) and a minimum of 50 per cent marks in the aggregate of all the Sections, subject to the principle of negative marking, in a manner as may be specified by the Council from time to time subject to proposed amendments in the regulations approved by the Central Government.

Upon reading the above write-up, the Institute has been receiving telephone calls from anxious students, their parents and members. It has been brought to our knowledge that SMS/email chain have started circulating giving some misinformation about the applicability of the proposal for December, 2010 CPT examination.

It is hereby clarified that as mentioned in the above write-up, the decision of the Council will be made applicable only after the Chartered Accountants Regulations, 1988 are amended by the Central Government, for which a proposal will be sent to the Central Government shortly.

It is further clarified that the process of Central Government’s approval includes consideration by the Ministry of Corporate Affairs and Law Ministry, consideration by the Council of ICAI of public comments on the draft amended Regulations, final approval of the proposed amendments by the Central Government and publication of the same in the Gazette of India.

As such, the above decision taken by the Council, as rightly conveyed by the President, cannot and will not be made applicable for the CPT examination scheduled for 19th December, 2010.

It is once again reiterated that the students and other stakeholders should take cognizance of the official announcements only (published in the Chartered Accountants Journal, CA Students newsletter and www.icai.org)

EXAMINATION DEPARTMENT