Common Proficiency Test (CPT) be exempted for candidates who -
(i) are commerce graduates/post-graduates and have studied any three
full papers of 100 marks each out of Accounting, Auditing, Mercantile
Laws, Corporate Laws, Economics, Management including Financial
Management, Taxation including Direct Tax Laws, Indirect Tax Laws
etc., Costing, Business Administration, Management Accounting and
passed the graduate/post-graduate examination by securing in the
aggregate a minimum of 55% of the total marks or its equivalent grade
from any recognized Universities including Open Universities.
(ii) are other graduates/post-graduates not falling in the above category
who have passed the graduation/post-graduation examination by
securing in the aggregate a minimum of 60% of the total marks in the
examination or its equivalent grade from any recognized Universities
including Open Universities.
(iii) have passed the Intermediate level examination conducted by The
Institute of Cost and Works Accountants of India or by The Institute of
Company Secretaries of India.
It was also decided that the above exemption would also be applicable to
students who wish to pursue Accounting Technician Course of the Institute.
