Tag Archives: CPA

CFE MAY 2016/ SEPT 2016

Many students across Canada are thinking to appear in the final exam either in May or in September 2016 to get the designation of CPA. Some are repeater, some are for the first time, some are from either CGA or CMA.

The big question is how to get through this exam? Exam is not as easy as your earlier courses. It requires hard work to understand conceptual technical knowledge of all six competency area i.e. Financial Accounting, Management Accounting, Audit, Finance, Taxation, Strategy and Governance. Exam is evaluated on the basis of case analysis approach through depth and breadth of related competency. You should plan out your schedule of taking Capston1, Capston2 and CFE exam. You should also plan out your availability of time to cover all above courses.

Students should not jump out in writing case analysis directly. They must go through all important concepts related to technical subjects and ensure its accuracy through practice of related MCQ. Many students who failed in this exam are on account of lack of technical knowledge. Once if you are strong in technical concepts, it will be easier for you to write any case analysis effectively.

Students should also know the effective writing skill and approach to write the case analysis.
I am publishing one book exclusively for CFE shortly which contains all technical course concepts with lot of high value MCQ. On line lectures will also available for students to get confidence in the exam. For latest updates visit CFE CPA Tutor Home Page.



Some Excerpts from the CPA CANADA Website in Nutshell

A unique and very impressive designation for accountancy profession in Canada. Three big

accounting bodies CGA, CMA and CA has now merged into a single accounting entity for global

development of the profession in Canada.

Summary of course content:




A student either a under graduate or graduate in any discipline can select respective step 1 or 2

to start with the program. An under graduate student need to complete related modules in

CPA-PREP if he has not done in his earlier educational courses.

CPA- PEP consists of core 1, core 2 and any two of available four elective modules. Core 1 is

related with Financial Reporting and core 2 is related with Management Accounting.Four

elective module consists of Finance, Performance Accounting, Assurance and Taxation.

Assurance and Taxation are must for Public Accounting practice. Student need to pass all four

exams at the end of each module. Exam is related with about 25 % with MCQ and short

questions and 75 % with case analysis

CPA-CFE consists of three day exam and is must for all students to pass and get the designation

of CPA

Capstone one and Capstone 2 are a part for preparation for CFE

Day-1 include one case analysis of 4 hour duration based on enabling competencies related

with ethics , problem solving, leadership and communication skill.

Day-2 include 5 hour of one big case analysis in which student need to select core area of his

choice and need to provide response

Day-3 include 3 hour of exam consists of three short case analysis of a different nature

Student need to pass individually day 1 to day three exam

CFE exam is related with 25 % with MCQ and 75 % with case analysis

In short student should be competent enough in related technical course concepts and solving

MCQ to pass CPA