About CPA Ontario CFE

The CPA Ontario Common Final Examination (CFE) is the final step in the Chartered Professional Accountant (CPA) designation process. It assesses candidates’ knowledge, skills, and professional competencies acquired throughout the CPA program. Successful completion is required to become a licensed CPA in Ontario, Canada.

Official Resources

• CPA Ontario Result Portal:
• Preparation Resources: Practice cases, sample solutions, and study guides available on CPA Ontario website.

Exam Structure & Format

• Day 1: Capstone Case (4 hours) – assesses integrated competencies and written communication.
• Day 2: 3 Capstone Cases (3.5 hours each) – tests applied knowledge in auditing, finance, taxation, strategy, and performance management.
• Question Types: Written case studies, analysis, and problem-solving scenarios.
• Weightage: Each day carries a specific weighting as per CPA Ontario guidelines.
• Duration: Total 6 hours per day with breaks included.

Next Steps After Results

• If Passed: Apply for CPA membership, submit required practical experience, and receive official CPA designation.
• If Failed: Candidates can register for the next available CFE attempt and review official feedback.
• Retake Guidelines: CPA Ontario allows candidates to retake specific sections or the entire exam based on performance.

Candidate Experience & Preparation Tips

• Focus on integrated case studies rather than individual topics.
• Practice time management: simulate full 6-hour exam conditions.
• Join CPA candidate discussion forums for real exam insights.
• Review feedback from previous attempts to identify weak areas.
• Maintain balance: proper rest and stress management are crucial.

Next Steps: CPA Membership & Licensing

• Submit required practical experience records via CPA Ontario portal.
• Complete any additional modules (if required) before designation.
• Receive official CPA designation and start professional career.
• Access networking and career support through CPA Ontario.

Candidate Testimonials

• "Thanks to CPA Ontario guidance, I cleared the May 2025 CFE in my first attempt!" – Jane D., Toronto
• "The sample cases helped me practice real exam scenarios." – Mark P., Vancouver
• "CPA preparation resources were very structured and easy to follow." – Aisha R., Ottawa

Preparation Checklist for Next Cohort

• Complete all CPA preparatory modules before exam date.
• Practice past CFE cases thoroughly.
• Time management: simulate full-length exams.
• Review grading rubric and feedback from prior attempts.
• Join study groups or online forums for peer support.

Related CPA Programs

• CPA Practical Experience Requirements (PER)
• CPA Professional Education Program (PEP)
• Advanced Modules: Assurance, Tax, Finance, Strategy & Performance Management
• Continuing Professional Development (CPD)