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The Institute of Chartered Accountants of India (ICAI) has announced the postponement of the upcoming CA examination. The ICAI Chartered Accountant Exam 2020 was expected to take place in May.   However, considering the current situation due to the spread of the novel Coronavirus, the rescheduled dates for the test have been announced by ICAI on the official website at icai.org.  Rescheduled Exam Dates: 1. Foundation Course Examination: June 27 and 29, July 1 and 3 2. Intermediate Course Examination (New Scheme): Group-I exam to be held on June 20, 22, 24 and 26, while Group-II exam scheduled for June 28, 30 and July 2 and 4 3. Final Course Examination (New Scheme): Group –I exam to be held on June 19, 21, 23 and 25, while Group-II exam scheduled for June 27 and 29, July 1 and 3 PR Academy advised to stay home and stay safe. Utilize the time for study, contact CA coaching centers for your doubts through the digital platforms. Avoid going out.

CPT is the first stage examination administered by India's Institute of Chartered Accountants for the Chartered Accountancy course. CPT stands for Common Proficiency Test which tests the basic understanding of Accounting, Business Laws, logical Reasoning and Commercial Knowledge for a candidate. The CPT exam is split into four papers. Principles and Practice of Accounting being the first paper, while, Business Laws & Business Correspondence and reporting being the second paper. The second paper has two sections, A & B. Business Laws and Business Correspondence & Reporting, respectively. Business Mathematics and Logical Reasoning & Statistics being the third paper which also has two parts 1 & 2, Business Mathematics & Logical Reasoning and Statistics, respectively. Fourth paper will be Business Economics & Business and Commercial Knowledge, which also has two parts. The review is an objective form with a minimum passing mark of 40 per cent in each of...