CPA CFE (COMMON FINAL EXAM) 2020
CPA Common Final Exam Sept 2020 is approaching fast. If student get through in the exam, he will get the most prestigious designation of CPA Canada. Many students are in process to do the same. Result of Sept 2019 was very good at BACS. Even all repeat writers also went through.
Exam is for three days and little more tough and lengthy. Most of you are busy with the jobs and family as well and left with little time to prepare well. As all of you know very well that exam is totally on case writing approach and time is always the constraint. Speed, accuracy and professional judgement are the essential skills in this exam.
Many students are struggling to pass exam. Particularly CA students visiting Canada from India and Pakistan are struggling hard on account of Taxation and Case writing approach. Time constraint was faced by the students particularly for day 3. The most preferable approach is to read, understand and prepare outline in 30 % of available time for each case. I provide below some useful trips for new and for repeat writers.
The most preferable approach is to read, understand and prepare outline in 30 % of available time for each case.
- Take professional training for technical and case writing strategies directly from well experienced CPA rather than ordinary markers
- Thoroughly review all financial statements and its contents along with notes to the Balance Sheet for Public, Private and Not for Profit Corporation.
- Write and get marked three cases for each day with professional marker. Do the repetitive practice for many such cases, find your weakness and improve your thinking.
CPA is testing your knowledge from variety of in depth course concepts and as such you should have a through technical knowledge and practice for reading and understanding cases. In view of limited availability of time, we at Beyond Accounting Coaching Services have published CFE Technical Guide Fifth Edition 2020 at a cost of $ 160. The book covers in brief all important technical competencies normally being tested in the exam. Exam is for total case writing approach, and without sound knowledge of technical concepts, it is difficult to provide in-depth response.
As per latest MOU between INDIA and CANADA, Indian CA similar to Pakistan CA is exempted to appear in Capstone 1 & 2 module. However these students require extensive training for technical concepts and case writing strategies. We at Beyond provide special training to such students to prepare them for the final exam and provide them the materials (technical and cases) to pass the exam. All repeat writers are also most welcome.