Monday, 1 August 2016

CA Question Papers - A Simple Way to Clear the CA Entrance

Chartered Accountancy leads to a seemingly endless opportunities in government, private and public sectors. It is easily one of the most lucrative careers one can have in India and abroad. It is generally joked that the CA is one of the first to be hired and the last to go out in any organisation. The opening of the Indian economy and its subsequent growth has meant that along with the IAS and the IFS, CAs are the most sought after.
However, the field being lucrative and much sought after is one thing, being able to form a successful career out of it quite another. Cracking the CA entrance is probably one of the most difficult exercises anyone can encounter. All the same, it is not impossible either. Only you need to understand what exactly is required and be prepared to put in the enormous amount of hard work that the exercise requires. You need to appear for the Common Proficiency Test (CPT), which is an Entry Level Test for students of 10+2. The CPT Question Papers are also called ICAI - CPT - CA Question Papers are of objective type multiple choice questions.
Conducted by the six decade old, esteemed Institute of Chartered Accountants of India (ICAI), the CPT Question Papers are divided into Four Sections. Incidentally the ICAI is considered as one of the most professionally run institutions in the world and is also the second largest accounting body in the world --
The four sections in the paper are --
1) SECTION - A -- FUNDAMENTALS OF ACCOUNTING --- Is of 60 marks and is further divided into four parts -- Part I, Part II, Part III, Part IV
2) SECTION - B - MERCANTILE LAWS - It is of 40 marks - Here, you have 3 parts -- Part I, Part II and Part III.
3) SECTION - C - GENERAL ECONOMICS - It consists of 50 marks.
4) SECTION - D- QUANTITATIVE APTITUDE -A maximum of 50 marks can be obtained in this section.
It is true that there is no substitute for regular, systematic and relentless preparation. All the same, solving various previous years CPT Question Papers can prove to be a very successful tool in clearing this dreaded entrance. The Questions Papers are easily available online and all you have to do is identify them and solve as many such papers as is possible within the time available with you. Besides, previous years Question Papers, Sample Papers are also available. Number of site where these Question Papers and Samples are provided for your benefit. What is more, these are being made available to you totally free with hardly any expenses involved. All you need is access to the Internet.

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