Following are the requirements for becoming a Chartered Accountant (i) Enrol with the Institute for Common Proficiency Test after passing class 10th examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto. (ii) Appear in CPT examination after appearing in the Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognised by the Central Government as equivalent thereto (refer Annexure VIII) and after completion of specified period (60 days) from the date of registration for CPT with the Board of Studies and first day of the month in which the examination is to be held, viz., students registered on or before 1st April/1st October will be eligible to appear in June/December examination, as the case may be. (iii) Join IPCC/ATC after passing CPT and 10+2 examination. • Undergo Orientation Programme • Complete 100 hours ITT • Students are advised to undergo Orientation Programme and complete 100 hours ITT at the earliest and compulsorily before commencement of their articleship. • Appear in IPCE/ATE on completion of 9 months of study course one day prior to the month in which the examination is to be held • Join articled training after passing Group I of IPCC. • Clear Group II of IPCC if not done earlier. (iv) Join CA Final Course: • After passing IPCE register for Final course with the Board of Studies; • Collect study material of the Final course and prepare for the Final examination; • Undergo General Management and Communication Skills (GMCS) course while undergoing Final course; and • Complete articled training of 3 years. (v) Appear in the final examination on completion of the practical training or while serving last 6 months of articled training on or before the last day of the month preceding the month in which the examination is to be held. (vi) Pass final examination and complete GMCS, if not completed earlier. (vii) Enrol for membership.
Common Proficiency Test is an entry level test for Chartered Accountancy Course. It is a test of four subjects; i.e., Accounting, Mercantile Laws, General Economics and Quantitative Aptitude. This test is of 200 marks. This test is divided into two sessions of two hours each (9.00 a.m. – 11.00 a.m. and 12.30 p.m. - 2.30 p.m.). CPT is an objective type test with negative marking. A student who has passed the 10th standard examination conducted by an examining body constituted by law in India or an examination recognized by the Central Government as equivalent thereto may register for Common Proficiency Test. The qualifying marks is 50%. A student has to remember that CPT is an objective type test with a negative marking for selecting wrong option which will be indicated in the question paper. CPT Examination will be generally conducted two times a year.
In this IPCC curriculum only working knowledge of core and allied subjects to accountancy profession is covered. A student would undergo theoretical education and 3 years of practical training after passing Group-I of IPCC/Accounting Technician (Level-1). A candidate is eligible for enrolment to any of the level(s) of the Integrated Professional Competence Course (IPCC) on passing the Common Proficiency Test and Senior Secondary Examination (10+2 examination) conducted by an examining body constituted by law in India or an examination recognised by the Central Government as equivalent thereto. A candidate who has already passed Entrance Examination or Foundation Examination or Professional Education (Examination-I) shall be eligible for enrolment to Integrated Professional Competence Course subject to complying with relevant conditions. A candidate who was already registered for erstwhile Intermediate Examination or of Professional Education (Course-II) or Professional Competence Examination cum articleship shall be eligible for enrolment/conversion to Integrated Professional Competence Course subject to complying with relevant conditions.
In Final (New) course, advanced application knowledge of core and allied subjects to accountancy profession has been intended to be inculcated. After passing both groups of PCC/ IPCC register for Final Course with the Board of Studies, Collect Study Materials of the Final Course and prepare for Final Examination. Appear in IPCC Final Examination during last 6 months of 3 years of articled training, Pass both the Groups of IPCC Final examination, Complete remaining period of articled training, if applicable,- Successfully complete the Course on General Management and Communication Skills, Get IPCC Final Examination Certificate, Enrol as a member of ICAI and designate as "Chartered Accountant"
Yes, it is mandatory to appear in CPT. A notification issued by Institute on 23.02.2012 stating that the student on graduation basis can take registration in IPCC, but after that notification no further notification is issued by Institute.
So, I will suggest you to contact nearest Institute for the same.