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The Common Final Examination (CFE) report: Simulations and guides for the CFE

Following every CFE, CPA Canada publishes the CFE Board of Examiners’ report, which provides feedback on candidates’ performance and commentary from the Board of Examiners.

The objectives of the CFE Board of Examiners’ Report are to:

  • explain the CFE process
  • assist the profession in improving candidates’ performance on the CFE

The report contains:

  • a message to candidates on how to improve performance from the Board of Examiners
  • the responsibilities of the board of examiners
  • methods used for guide-setting and marking the CFE

SEPTEMBER 2023 CFE REPORT

The Part A (Day 2 and Day 3) Report and Part B (Day 1 for the CanDo Fitness Ltd. Version 1 and Version 2 cases) Report for the September 2023 CFE will be available in early May. The Part B Report for J.R. Pets Inc. Version 1 and Version 2 cases, which contains the Day 1 board of examiners’ report, will be included with the September 2024 CFE reports in order to incorporate Version 2 of the J.R. Pets Inc. case. In the interim, we have provided the September 2023 CFE simulations for Days 1, 2 and 3. 

MAY 2023 CFE REPORT

The CFE report for May 2023 is separated into two individual reports – part A for days 2 and 3 of the CFE and part B for day 1.

Part A: The day 2 and day 3 report (May 2023)

In addition to the report details listed above, the day 2 and 3 report details the:

  • simulations for day 1 Kingsdale Tea Inc. (KTI) case V1 and Creative Toys Inc. (CTI) case V2, day 2, and day 3
  • marking guides for day 2 and day 3
  • results of the marking process
  • comments from the board of examiners on performance on day 2 and day 3 simulations

PART B – The day 1 report (May 2022 and May 2023)

The day 1 report details the:

  • Creative Toys Inc. (CTI) Capstone 1, V1 and V2 case
  • marking guides and sample responses for CTI day 1 V1 and V2
  • results of the marking process for CTI day 1 V1 and V2
  • comments from the board of examiners on performance on CTI day 1 V1 and V2 simulations 

SEPTEMBER 2022 CFE REPORT

The CFE report for September 2022 is separated into two individual reports – part A for days 2 and 3 of the CFE and part B for day 1.

Part A: The day 2 and day 3 report (September 2022)

In addition to the report details listed above, the day 2 and 3 report details the:

  • simulations for day 1 CanDo Fitness Ltd. (CFL) case V1 and Waste Disposal Inc. (WDI) case V3, day 2, and day 3
  • marking guides for day 2 and day 3
  • results of the marking process
  • comments from the board of examiners on performance on day 2 and day 3 simulations

PART B – The day 1 report (May 2021, September 2021 and September 2022)

The day 1 report details the:

  • Waste Disposal Inc. (WDI) Capstone 1, V2 and V3 case
  • marking guides and sample responses for WDI day 1 V1, V2 and V3
  • results of the marking process for WDI day 1, V1, V2 and V3
  • comments from the board of examiners on performance on WDI day 1 V1, V2 and V3 simulations 

PAST CFE REPORTS

To access CFE reports prior to 2020, please visit the Certification Resource Centre.

Note: For use of CPA Canada cases and materials (including these reports and the cases herein) in an education or other context, please refer to the Education partnerships between the profession and PSIs webpage for more information.