Mumbai: The Institute of Chartered Accountants of India Monday decared the results of the CA Final and CA CPT exams on its official websites. Candidates who appeared for both the exams can check for the merit list as well as results now on http://caresults.nic.in
CA Final Exam, which started on November 7 ended on November 21, 2014. Whereas, the CA IPCC Exam began from November 08 and ended on November 20, 2014. The exam is held twice every year in the months of May and November. The CA exam is clubbed into two groups of four subjects each.
Candidates of Intermediate (IPC) and Final Examinations were allowed to opt Hindi as a medium for answering papers. Detailed information was found printed in the Information Sheets attached to the relevant application form. However, the medium of examinations was only English.
Common Proficiency Test Exam (CPT), conducted by the Institute of Chartered Accountants of India, was conducted in pencil -paper mode on December 14, 2014.
The examination took place in two sessions i.e. first session from 10:30 am to 12:30 pm and second session held from 2 pm to 4 pm. The morning session consisted of Section A (Fundamentals of Accounting) and Section B (Mercantile Laws) and the afternoon session had Section C (General Economics) and Section D (Quantitative Aptitude).
CPT was an objective-type, multiple-choice, questions-based examination. Candidates were allowed to opt for Hindi medium question paper booklet for answering the questions. Clearing the Common Proficiency Test (CPT) is the first step to Chartered Accountancy. It is held twice a year in June and December by the Institute of Chartered Accountants of India (ICAI) and takes place in two sessions carrying 100 marks each on a single exam date.
To be considered as having cleared CPT, it's necessary for the candidate to score minimum 30 per cent in each individual section and 50 per cent aggregate overall in spite of negative marking.
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