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Is cpt exemt after bcom

CA Dheeraj Bansal (Chartered Accountant) (652 Points)

20 January 2012

is cpt exempt if any person is grauated. can any body plz tell me the procedure for the same

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SHASHIDHAR (DATA ANALYST/ STUDENT) (682 Points)
Replied 20 January 2012

Still this notification has not approved. may be it takes more time

CMA. CS. Sanjay Gupta ("PROUD TO BE AN INDIAN") (114215 Points)
Replied 20 January 2012

Entry Requirement for CA Course:
Our members must be aware that, pursuant to a Council decision, a group under the convenership of my Central Council colleague CA. Abhijit Bandyopadhyay was constituted to review entry requirements for Chartered Accountancy course. I am happy to inform you that the Group placed its recommendations at the Council meeting recently for its consideration. The ICAI Council has decided that Commerce and non- Commerce graduates with 55 and 60 per cent marks respectively in aggregate should be exempted from Common Proficiency Test (CPT) and such students would be allowed direct entry to articleship training. It was also decided that candidates who have passed the intermediate level examination of ICWAI/ICSI are exempted from CPT and they will be allowed to join articleship training only after passing first group (Group I) of IPCC examination. Students who wish to pursue Accounting Technician Course of the Institute would also be exempted to appear in the CPT. The matter has been placed before the government for consideration and issuance of necessary notification in this regard.

Also check out file from below link.....

https://220.227.161.86/23263entry_reqca.pdf

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@*CS Siddharth Bumb. * (B.Com, CA Final, CS ) (5270 Points)
Replied 20 January 2012

agree with sanjay sir....

CA Dheeraj Bansal (Chartered Accountant) (652 Points)
Replied 21 January 2012

thanx sanjay sir, so one gratuate in commerce need not to pass cpt exam. and is this notification approved

SHASHIDHAR (DATA ANALYST/ STUDENT) (682 Points)
Replied 21 January 2012

Mr. Dheeraj Bansal. still it is not approved. Sanjay sir, This notificaiton has been announced long back ago. But where is the approval.

SHASHIDHAR (DATA ANALYST/ STUDENT) (682 Points)
Replied 21 January 2012

Read the last four lines in the link which sanjay sir provided.

( It may kindly be noted that the above decisions of the Council will come

into force subject to relevant provisions of the Chartered Accountants

Regulations, 1988 being amended, and the approval of the Central

Government, and public exposure as required by law for which the process

is in progress.)

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CMA. CS. Sanjay Gupta ("PROUD TO BE AN INDIAN") (114215 Points)
Replied 21 January 2012

Yes Shashidhar is correct. This is still to be approved by Central Government. Should have been approved by now so that students could appear at least in Nov, 2012 exams. Dont know when will it be approved but ideally i will like to take this to be effected sooner in order to make students eligible for Nov, 2012 exam.

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