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What is the full form of CPT ? CPT stands for Common Proficiency Test. It is an objective-type exam conducted by the Institute of Chartered Accountants of India (ICAI) twice every year. The purpose of this exam is to assess the students’ understanding and knowledge of basic concepts in subjects relevant to the field of chartered accountancy. Which depicts that CPT stands for Common Proficiency Test. Common Proficiency Test is an entry-level test for students who want to pursue a career in Chartered accountancy. CPT full form is the Common Proficiency Test. It is an entry-level examination conducted to select candidates in the Chartered Accountancy (CA) course by the Institute of Chartered Accountants of India. It is recognized as CA-CPT. This exam is renamed as CA Foundation. Discover the CPT full form , meanings in CA, medical, and more. Get examples, applications, and key exam tips for students and professionals.