Audit Asst.
151 Points
Joined July 2010
Dear Even m also having same doubt..,
As per notification of ICAI -
Exempted Categories:
The following categories of students shall be exempted from passing the Common
Proficiency Test (CPT):-
(A) Graduates or Post Graduates in Commerce having secured in
aggregate a minimum of 55% of the total marks or its equivalent
grade in the examination conducted by any recognised University
(including Open University) by studying any three papers of 100
marks each out of Accounting, Auditing, Mercantile Laws, Corporate
Laws, Economics, Management (including Financial Management),
Taxation (including Direct Tax Laws and Indirect Tax Laws), Costing,
Business Administration or Management Accounting;
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 recognised University (including Open
University).