Resources for CPAs during the COVID-19 crisis

To help you stay current with news that has an impact on our profession and easily find resources to adjust your work methods, we developed a special, constantly updated web page available to you.

Visit the "Coronavirus (COVID-19)" page >

Also, please note that our offices are closed until further notice. We will continue to provide our services remotely and we are doing everything we can to minimize the problems caused by the overload of phone and Internet networks.

CFE preparation

The Common Final Examination (CFE) is a three-day examination. While the purpose to the CFE is first to evaluate the competencies acquired in the program, all prior learnings are also testable. You will have to draw on knowledge acquired1:

  • during the undergraduate program (or the equivalency process), 
  • during the core and elective modules of the national program delivered by the Order or the university graduate program courses.

In accordance with the CPA Competency Map Knowledge Supplement.

CPA Canada preparation material

Sample cases for each day are published on the CPA Canada website: read the examples!

The following documents are available on the CPA Canada website:

  • September 2015 Board of Examiners’ Report
  • May 2016 Board of Examiners' Report related to the Day 1 case Rejuvenating Spa Inc. (RSI - September 2015 and May 2016) and May 2016 CFE case studies
  • May 2016 CFE Report Supplement providing commentary from the Board of Examiners on candidates’ performance for the Day 2 and Day 3 simulations
  • September 2016 Board of Examiners' Report related to the Day 1 Canada Heavy Engineering Incorporated (CHEI - May and September 2016) and September 2016 CFE case studies
  • September 2017 Board of Examiners' Report related to the Day 1 Phoenix Risen Inc. (PRI - September 2016 and 2017) and September 2017 CFE case studies

  • September 2018 Board of Examiners' Report related to the Day 1 Cinémas FVT Inc. (FVT - September 2017 and 2018) and September 2018 CFE case studies

  • Complete September 2019 CFE Report (will be available by May 2020)

Examination preparation services

We also offer 3 service options to better help you prepare for Day 2 and Day 3. To register for one of these options, fill out the online registration form before the deadline. The required fees must be paid in full immediately upon receipt of the registration confirmation, otherwise your registration will be automatically cancelled. When confirming your registration, we will provide you with the necessary information for payment.

Important: The options below are non-compulsory. If you would like tools to help you prepare for the CFE, in addition to your education program, you can take advantage of these options.

Option for all candidates (1st attempt or rewrite of Days 2 and 3)

Option 1 – Day 2 and Day 3 of the Mock CFE offered by the Order

 

   September 2020 CFE
Registration deadline  May 29, 2020
Cost  $523.14 
 Individual feedback schedule
  Case Study Week of
Day 3 simulation (duration: 1 hr) E4D Solo July 27, 2020 
Day 3 simulation (duration: 1 hr) Galea Food and Beverage August 3, 2020 
Day 3 simulation (duration: 1 hr) East Meets West August 10, 2020
Day 2 simulation (duration: 1.5 hrs) Game Play August 17, 2020

By offering Days 2 and 3 of the Mock CFE, the Order wishes to give candidates an opportunity to practice case studies in addition to those already covered in the university graduate program and the national program. The primary objective is to increase candidates’ confidence by offering personalized distance feedback with an experienced CPA, including the following:

  • Unpublished Day 2 simulation (multi-role case study) followed by a videoconference individual feedback
  • Unpublished Day 3 simulation (3 short case studies) followed by a videoconference individual feedback
 

If the program registration is cancelled, no refund will be given.

Are you planning on rewriting the CFE in September 2020?

Registration for this option will begin on April 20, 2020.

Options for rewrite candidates (Day 2 and 3)

Option 2 – Capstone 2 of the national program

You can choose to register for Capstone 2, which is delivered by the Order.

  September 2020 CFE
Registration deadline  July 8, 2020
Available resources  
  • Case studies2 (four Day 2 cases and 12 Day 3 cases), marking guides (solutions) and feedback guides
  • Other self-assessment documents for each case study (walkthrough notes, debrief notes, annotated sample response, sample response feedback guide, debrief video)
  • Access to the learning ebook
  • Feedback (correction) on your responses to the Capstone 2 case studies (two Day 2 case studies and eight Day 3 case studies)
  • Interactive workshop
  • Stress management strategies
Capstone 2 schedule
  • Material acces: July 18, 2020
  • Module duration: July 18 to September 4, 2020
  • Interactive workshop3: July 18 and 19, 2020

Are you planning on rewriting the CFE in September 2020?

Registration for this option will begin on April 20, 2020.

Important! Some of the content of the case studies used in the Capstone 2 module may be similar to the content of the Capstone 2 course of the university graduate program.

3 The orientation workshops, interactive workshops and module examinations are held in Montreal and, if warranted by the number of registrations, they could also take place in Quebec City.

Option 3 – Access to the educational material for Capstone 2 of the national program

You can purchase access to the CPA Canada D2L site to obtain the material for Capstone 2 of the national program only. This option doesn't include the workshop or the guidance of the program.

  September 2020 CFE 
Registration deadline July 8, 2020 
Available ressources  
  • Case studies4 (four Day 2 cases and 12 Day 3 cases), marking guides (solutions) and feedback guides
  • Other self-assessment documents for each case study (walkthrough notes, debrief notes, annotated sample response, sample response feedback guide, debrief video)
  • Access to the learning ebook
Material access date July 18, 2020

Are you planning on rewriting the CFE in September 2020?

Registration for this option will begin on April 20, 2020.

4 Important! Some of the content of the case studies used in the Capstone 2 module may be similar to the content of the Capstone 2 course of the university graduate program.

If you have any questions about the examination preparation service, please contact us at pedagogie@cpaquebec.ca

SURPASS software

You must use the Surpass software (SecureClient) on your PC computer to write and submit your answers electronically. This Software is an application that locks down your computers so that no other programs or files can be accessed during an examination. The application automatically uploads all responses into the Surpass Test Administration system.

For more information on the hardware and software requirements, go to the Surpass Software webpage.

Resources available during the examination

Candidates will have access to restricted resource material on all three days of the CFE:

  • the CPA Canada Handbook;
  • the Income Tax Act;
  • tax shield formula; and 
  • other relevant tax information.

The standards and regulations are those in effect as of December 31 prior to the examination.

Visit the CPA Canada website to obtain clarification on the Surpass reference material cut-off date and testable material used for the next examination.

Regulations

To familiarize yourself with the CFE regulations, please watch CPA Canada’s video.

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