CA Results are always very important for all the students who have appeared for the ICAI Exams and their family members. For a good result, CA student needs to work hard with more focus and confidence. Because the exams of CA are not only based on the syllabus but includes the latest amendments, changes and in depth knowledge of the topics with reasoning skills. To score well a student has to study hard and seriously. At the time of the result, ICAI also declares the merit list. In the merit list top 50 students are included. It’s not a child’s play to come in the merit list. There is a tough competition among the students to come under the merit list. To be eligible for a rank a student needs to appear and clear in both the groups simultaneously. And it is also necessary to pass in all the papers. Ranks are awarded by the institute to top 50 students getting maximum marks. If two or more students get equal marks than they are awarded the same rank. Therefore, the number of students in the merit list may be more than 50 but only 50 ranks are declared. Although a student can appear in any of the one group also but in this case the student never comes under the merit list even he gets maximum marks. Only those students can pass who gets minimum 40% and aggregate 50% in the group.
To achieve the above all the students try their level best to improve their CA Results or the ICAI results.
Some take the help of coaching some take the help of Mock Tests, some register for both as the aim of every CA Student is to clear the exams at the earliest.
The results of CA are announced on www.caresults.nic.in
Institute of Chartered Accountants of India (ICAI) is an institute of India which has contributed in the formation and maintenance of accounting, auditing etc.professional bodies. It is s statutory body established under the Chartered Accountants Act, 1949 for regulating the profession of Chartered Accountants in India. ICAI also regulates the education of CA in India. The exams are conducted by the institute and results are also declared by the institute. The ICAI Results are very important for the students. To crack CA exams it is necessary to get at least 50% marks in each group with a minimum of 40% in each subject. The overall result of the CA exams is not very good. Only a few percent students get able to clear CA exams in the first attempt. The study of CA is considered tough but it is not the fact. For getting good marks in CA average knowledge in the field of accounting is required with lots of hard work. As the exams are held twice so the result is also declared accordingly.
Students can get their results online on the official website (www.caresults.nic.in), where the CA results are published
CHARTERED ACCOUNTANT EXAM
Chartered Accountancy exams are conducted by ICAI (Institute of Chartered Accountants of India). These exams are conducted twice a year. Any person who wants to be the member of ICAI and wants to become a chartered accountant in India has to pass this course. The course has three levels namely, CPT, IPCC and FINAL and it takes about four and a half years to qualify. This period also includes three years of practical training under a practicing chartered accountant. The chartered accountancy course is considered as one of the toughest professional course of India. This course emphasizes on both practical and theoretical knowledge of the student. For taking admission in this course a student is required to clear the first and entrance level of the course i.e. CPT after clearing this level a student can go for the next level i.e., IPCC where a three years of training is necessary for the students and exams are categorized in two groups. A student can appear for a single or both the groups at a time and to qualifying in IPCC a minimum pass percentage of 40% and aggregate 50% marks are required in both the groups. Similarly after clearing the second level a student goes to the last and final level of CA i.e. CA Finals. In this level there are two groups having four subjects each after passing this level a fifteen days training is given to the passed students and than they are designated as Chartered Accountants and can practice in India.
For all the above levels of the Chartered Accountant Exam Eduex offers Mock Tests with evaluation to students, which will help them to clear the exams without much hindrance
WHAT IS CA CPT
CA CPT is Common Proficiency Test conducted by the Institute of Chartered Accountancy Of India and is the entry level exam to the CA Course. If someone wants to do CA than first of all giving a CPT exam is compulsory. However, a student with a degree in Bachelor’s is exempted from CPT and can directly take admission in CA IPCC, which is the next level of CA after clearing the CA CPT exam. The main focus of CA CPT Exam is to test the general and basic knowledge of the students. The CPT syllabus covers four subjects including Fundamentals of Accounting, Mercantile Law, General Economics and Quantitative Aptitude. The CPT exam is an objective type paper having questions in MCQ based format. Each question has four answers out of which one right answer has to be selected and for every wrong answer 1/4th of the one mark is deducted. The paper is of four hours duration which is divided into two sessions of two hours each. To qualify a CPT exam the students is required to score 50% marks in aggregate. The CPT exams are conducted twice a year in the month of June and December and generally on a Sunday. For giving the CA CPT exam the student has to register at the board of studies at the CA Institute. The registration details are available on the website of ICAI and online registration can also be done there.
To crack the CA CPT Exam the student may get themselves registered for the Mock Tests offered by EDUEX which will help them to clear the CPT exam quite easily.
HOW TO PREPARE FOR CPT EXAM
Nowadays many students are choosing Chartered Accountancy (CA) as their career option. CPT exam is an entrance exam for doing CA conducted by ICAI. It’s held twice a year i.e. in the months of June and December. The Pattern of the paper is MCQ (Multiple Choice Questions), it means every question will have four suggested answers and the student has to choose the most appropriate answer. There is also a provision for negative marking. Therefore, ¼ out of one is deducted for every wrong answer. So, maximum efforts should be laid on attempting only those answers for which you are sure enough.
To clear the CA CPT Exam easily the students may register themselves for Mock Tests, Postal Coaching and may do some reference study.
There are Four subjects in CA CPT i.e. Fundamentals of Accounting, Mercantile Law, General Economics and Quantitative Aptitude. The questions are based on the basic knowledge of the subjects which a student has learnt in Class 11th and Class 12thstandard. For scoring good marks student has to practice more and more with the help of Mock Test Papers and previous Years’ Papers. Mercantile Law and Fundamentals of Accounting are considered as the scoring subjects. A brief knowledge of all the subjects is required as the questions will have suggested answers with them so the students sometimes get confused in choosing the most appropriate answer. If the student has learnt and practiced the topics clearly than there will be less chances for any confusion. Even if you are not sure than simply try to eliminate the options that cannot be right. Even this way there are more chances to arrive at the right answer. Avoid attempting questions, the answers of which you are not sure because of negative marking.
CA Exams are conducted by the CA Institute, The Institute Of Chartered Accountants Of India, twice in a year and hence the results are also declared twice for the exams held.
The results are declared by ICAI of successful candidates in all the 3 categories, that is CA CPT, CA IPCC and CA Final.
For all the above 3 levels top 50 students are awarded All India Ranks.
Results are published at the Head Office and different branch offices of the ICAI and are also made available online almost simultaneously on www.caresults.nic.in