CA aspirants can take CPT after Class XII
CHARTERED ACCOUNTANCY (CA) aspirants will soon be eligible to take up the Common Proficiency Test (CPT) required to seek enrolment for the course after appearing for their class XII school examination.india Updated: May 07, 2006 01:27 IST
CHARTERED ACCOUNTANCY (CA) aspirants will soon be eligible to take up
the Common Proficiency Test (CPT) required to seek enrolment for the course after appearing for their class XII school examination.
Till now, a student was allowed to take up the CPT only after acquiring a graduate degree.
“Class XII students can start preparing for the course while in school and take the CPT even without waiting for their results. A student can also “register” for taking the CPT in future anytime after passing the class X examination, Institute of Chartered Accountants of India (ICAI) president T N Manoharan told reporters here on Saturday.
The ICAI had already started updating the CA course syllabi to bring it in
consonance with international accountancy education trends, while also keeping in mind the accountancy demands in the government and business sectors, he said.
Manoharan said the CA course syllabi was also being tailored to help students
cope with the complex subjects of accountancy and management so that a greater number of them could become CAs, once they were enrolled for the
“We are going to remove this myth that only accountancy students can take up the CA course and qualify its examinations. The new CA syllabi will now be easier to understand for students of all educational streams,” Manoharan said.
He said the syllabus for the CPT would comprise accountancy, mercantile law, quantitative techniques and general aptitude. “The CPT will be a single obje-
ctive type paper for 200 marks held once every three months throughout the country.
“Initially, the examination will be conducted in the traditional manner before making it online,” Manoharan said.
“The new syllabi will reduce the duration for becoming a CA from the earlier period of five years and 3 months to 4 years,” he said.
Manoharan said the ICAI had already started arranging campus interviews of students from its various centres in the country, such as New Delhi, Mumbai, Chennai, Kolkata, Kanpur, Bangalore, Hyderabad, Ahmedabad, Jaipur, Pune, Coimbatore, Baroda and Pune.
“In due course, the ICAI will also consider arranging campus interviews from the ICAI’s Lucknow Centre”, he said.
This apart, the ICAI had been taking steps to create a brand image for the profession. The Council had now decided to allow its members to use the prefix “CA” next to their name as is prevalent in other parts of the world, Manoharan said.
Similarly, a logo will be designed to indicate the profession of the chartered accountancy, which could be used by members in their visiting cards and stationery etc, he added.