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CPT Eliminated ( enter In CA on Graduation Basis

kamal (CWA) (125 Points)

26 June 2011

Dear All

I got news that the CPT will elemination very soon, The ICAI will start IPCC on the basis of Graduation. This will pllicable from next year.

Is this news correct ?

Please give opionion

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5 Replies

ravi kiran (ca-final) (205 Points)
Replied 26 June 2011

Why would institute will cut down its own money making arm.May not be possible in near future.There would be enormous pressure from edu corporates and coaching centers who have invested some huge chunk on cpt .Its just a money making thing .Foundation or pe-1 was best exam pattern for a student who is just entering into a noble profession of chartered accountancy.

CPT is now every ones game.average student can also crack it easily without indepth knowledge,just by going through some study guides.

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Shoukat Ali (Student) (50 Points)
Replied 26 June 2011

Hi, Friends, Elimination/Removal of CPT toward's entry level for our Noble profession CA is still under review.

However the news about the same has been published in one of the leading news daily, moreover CA partnership firms will also get the status of "Partnerships with limited liability" so that they can increase the No. of article clerks.

I think as far as removal of CPT entrance exam is concerned, it will not going to be in effect sooner, as it has been kept thinking of other reputed course entry level exams.

So, it is better to appear, as it will only increase one's knowledge and make you confident...

Cheers