Tips To Prepare For CA CPT Exam

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The Institute of Chartered Accountants of India (ICAI) conducts the Common Proficiency Test, which is commonly known as the CPT exam. The exam is conducted twice every year. An entry-level exam, CPT acts as a gateway to the profession of Chartered Accountancy. The exam is taken by thousands of students every year and is quite a challenging affair. So, from Tips To Prepare For CA CPT Exam online test preparation to the right revision methods, here are some tips to help you clear the exam on the first attempt.

Prioritize Accountancy for Exam

Since you are appearing for a CA paper. Here’s are some Tips To Prepare For CA CPT exam remember that Accounting is the key. Accounting is a subject that can help you fetch good marks in CPT. If you have a commerce background you will probably be acquainted with the fundamentals of the subject because the course of CPT accounts is almost the same as been studied in class 11th and 12th. To prepare for this subject, try to solve as many problems as you can that cover all the chapters. It can be somewhat difficult for non-commerce students.

In the theory part, there is no need to read questions and answers given in the main material. Simply read the fast track notes given for theory in the Fast Track material. The most important area of Accounts is Journal Entries. If you are thorough with Journal Entries, then you can understand all the chapters very easily. In every chapter, you will learn some new entries. So, concentrate more on entries in each for your convenience.

Merchantile Law important for Exam

The next subject that needs to be focused on attained good marks is Merchantile Law it is important for CA CPT Exam. This subject is totally alien to commerce students as well. It is a bit difficult to understand the law language but once get understand then this subject is scoring. Keep revising this subject as it is theoretical. Don’t prepare this subject like any other theory subject. Just mugging the MCQs or theory content will not serve the purpose. Analytical thinking is very important in this subject. Give a lot of importance to all the areas which were updated recently, especially the Indian Partnership Act. The Partnership Act was amended due to changes in Company Law. We have also provided supplementary material for this subject. Case Laws and Examples will help you to get enough command over the subject.

Economics For CA CPT Exam

Although economics as a whole is scoring and easy in comparison to other subjects and in this too try and complete Micro Economics first as it is more scoring and scoring for commerce students another part is macroeconomics it is too familiar to commerce students, involves more concepts and theory so try to make your own notes that will help to gather the topics

Quantitative Aptitude For Exam

If you are not good at maths, quantitative aptitude may seem difficult for you but its alos important for CA CPT Exam. So, while preparing for your CPT, concentrate on statistics. You can do this by conceptualizing the theory and by working out problems from averages, correlation, and regression chapters. It also focuses on differentiation, integration, and theoretical distribution. While writing the exam, you may need to work out some problems to answer the MCQs. So, if you find any problems time-consuming, leave it for the last instead of wasting your time on it.

Reading Method for Exam

Read fast, the first page for five minutes, and then read slowly to comprehend the topic clearly. After completion of a chapter in this way, attempt all the questions given in the book and then check the answers given. Give tick mark on the correct answers which need not be attempted again. Put cross marks on incorrect answers which need to be revised

Make Scheduled Study for Exam

Chalk out a well-planned study schedule and adhere to the timings rigidly. In this regard, you can get better guidance if you join a CA coaching institute where you can take up mock tests..

Practice mock papers for Exam

Practice as many as past year papers at least five past year papers and various mock papers. Under where you are going wrong and once thinking style and method is developed your chances of getting wrong reduces

Don’t Attempt the Full Paper in the Exam

Most students make the mistake of answering all the 100 questions asked in the CA CPT Exam. You need to keep in mind that if you want to score a minimum of 30 percent marks in all subjects, you need not answer all the questions. A wrong answer will cost you 0.25 on the whole, and cumulatively, wrong answers can pull down your score. While preparing for the Tips For CA CPT Exam, keep a positive frame of mind and eat healthy food. Just ensure that you cover each subject at least once.

Maintain Positivity in Exam

All throughout your preparation as well as in your examination maintain complete positivity without having any fear or apprehension about Tips

Online Aid

When you start preparing for CPT, don’t be hesitant to turn to the internet for help. There are many online assessment portals for students that can help you prepare for the exam. Other than that, there are various websites that provide study material for CA CPT Exam preparation online. You can also look at various forums that provide sample papers as well as the previous year’s solved question paper.