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Cpa cfe canada reddit. The #1 social media platform for MCAT advice.


Cpa cfe canada reddit The Densmore prep course helps you better understand how to write cases. I have seen a lot of positive reviews on Gevorg's stuff but haven't But overall, I think USA CPA will be very similar to Canada in the future. For personal reasons I did not pursue a designation right after graduating. View community ranking In the Top 1% of largest communities on Reddit. My advice: stay off of Reddit until day 3 is over! I made the mistake of reading posts after day 1 and it gave me even more anxiety that I didn’t need. My study methodology for the May '22 CFE was far less elaborate than most CFE writers (I only took 4 days off from work to study, didn't practice technical, didn't debrief most Cap 2 cases, didn't write either of the Day 1 Cap 2 cases, and my only real "studying" was to re-read all of the relevant Knotia sections over the weeks prior to the CFE) but still passed with Level 2 depth in There are no exams in Capstone 1 & 2 - the capstone is a group project & presentation + CFE study prep. The CFE “study material” comprises several hundred pages, so what you’re asking for is a tall order. Come up with a strategy for each day on how you’ll approach each case and YMMV, however proper time management is really the secret sauce in CFE success, so if you can work your way through the Capstone 2 cases while adhering to the prescribed time constraints, and pay attention to the case response frameworks they'll teach you in the Cap 2 seminar, you have a good shot at passing the CFE. Wᴇʟᴄᴏᴍᴇ ᴛᴏ ʀ/SGExᴀᴍs – the largest community on reddit discussing education and student life in Singapore! SGExams is also more than a subreddit - we're a registered nonprofit that organises initiatives supporting students' academics, career guidance, mental health and holistic development, such as webinars and mentorship programmes. As the title suggests, I was unsuccessful during the Sep 2021 CFE and I've had random The #1 social media platform for MCAT advice. Honestly as a CPA student right now, I still prefer for CPA to have some final exam still similar to CFE as I don't want the designation to get "watered down" and still have its prestigious reputation CPA here - there are a variety of ways to acheive the designation, CPA canada has an insane amount of free resources that you can find online around the process. So a (CANADA) For all the people who have written the CFE how hard was the exam from a technical stand point? I am planning on writing it this September and looking at the amount of material I need to study is daunting. GAAP and Analysis 3. Partially because there's too much supply, and now there are two cfes per year. /r/MCAT is a place for MCAT practice, questions, discussion, advice, social Get the Reddit app Scan this QR code to download the app now. CPA core 2 and 2025 cfe (ontario/canada) I think I But from what I understand cpa canada is planning to overhaul the program in 2025, my eligibility expires Nov 2026, is it a good idea to defer and attempt later. /r/MCAT is a place for MCAT practice, questions Don’t worry, I’m 100% CPA Canada is finding new ways of shelling for money Hey goldenbear2! Just want to give you a shoutout, I followed your posts on reddit back when I was studying for the CFE. I am giving my Canadian CPA Exam for the third time (CFE) after which I will be kicked out of the CPA if I fail. ca) You'll also need to complete CPA PERT, which is the experience requirement to become a CPA: CPA practical experience requirements (cpacanada. I’m also a CPA and found I can get all of the required CFE fraud-specific CPE and most of my CPA CPE every year from My-CPE for When I went to school (U of T) my program was based on the old CA requirements and the ICAO credit hours. Be able to quickly look up applicable standards in the CPA Handbook and 2. 22 votes, 12 comments. I'd like to hear from somebody about how they got started, because both Densmore and CPA Canada want experience. Issue 2. Bit panicked about missing a role specific AO completely on the May 24 cfe. CPA Canada moving away from PEP modules and CFE, and will have the program focus more on diversity and inclusiveness lol how As a Capstone 2 marker for several years the key to passing is figuring out the format for each type of AO, writing practice cases under strict exam questions and taking at least the amount I was in a similar boat in last year's CFE. A reddit for discussion and news about health information technology, electronic health records, security and CPA PEP Question: if i fail CFE 3 times and cant get reregistered or get a 4th attempt at the exam, 1) can i still get an accounting job as a senior accounting coordinator or an analyst? 2) Are there any overseas certificates (outside of canada) that will help me with this? 3) can I do a masters in accounting MAcc to compensate for me failing CFE? Get the Reddit app Scan this QR code to download the app now. Assuming you have your basic accounting principles down, the two biggest skills you'll need to pass the courses is to 1. If any one interested pls ping me Reply reply     TOPICS. I had a very successful undergraduate experience along with passing all 297 votes, 348 comments. I heard somewhere that there will be a greater need for new CPA members over the next ten years to replace retiring people and just greater need in general, so that could be factored into the pass rates as well. Their cases are harder and more rigorous, so your CFE case writing gets to a higher level (I worked for a firm that had a rigorous mentoring and CFE prep program where we had Densmore provide mentoring training, extra marking, etc. Get the Reddit app Scan this QR code to download the app now. Canadian CPA exam results thread - Celebrate or cry here . Hi Everyone, I’m Studying from the e-book, CPA handbook, CPA-provided cases, and memorizing the templates for each type of ao was enough to pass. Audit- RAMP(Risk, Approach, Immateriality and Procedures) Get the Reddit app Scan this QR code to download the app now. Advice Can anyone tell me how the heck you guys passed Core 1. Even if you can't finish an AO, you must at least attempt it, even if you don't know where to begin. 8%. Tags: Hey buddy, I chose the CMA, and honestly, my career has been quite lucrative. Cpa pep & cfe writing speed . Be able to write cases in the way CPA Canada wants you to write cases. Read it, know what common mistakes are made, and don't do them. If youre looking at pursuing a bachelor’s (the main way) you’ll need to fulfill a certain number of accounting related prerequisits within your degree (called the PREP program). To those who passed the CFE, what percentage of NC did you receive while in capstone 2? comments sorted by Best Top New Controversial Q&A Add a Comment BigKarm As you know, the CFE is marked on a curve. Impact on F/S ii) Audit Procedures - 1. Recommendation 4. I think we wrote the 2017 one But from what I understand cpa canada is planning to overhaul the program in 2025, my eligibility expires Nov 2026, is it a good idea to defer and attempt later. Study material suggestions, study tips, clarification on study topics, as well as score release threads. These threads always make me feel like some sort of industry super villian. So it'll likely get harder to pass the CFE in **The subreddit for CPA Candidates** Certified Public Accountant (CPA) Come here if you are looking for guidance to becoming a CPA. Don’t buy it. I failed the Sept 2021 CFE in level 1 with decile ranking 2 and Level 3 while working primarily in an audit role in PA. The MCAT (Medical College Admission Test) is offered by the AAMC and is a required exam for admission to medical schools in the USA and Canada. This also messes capstone avialbity as well. In my experience, sometimes people are CPA worshipers, sometimes they don’t care. Was thinking about becoming a marker for the upcoming CFE, but wanted see if any had experience with how it was - mainly the time commitment required and if time off like vacation was used for it (If you were working FT)? but on the other hand you need to commit to the firms internal CPA program as well at Get the Reddit app Scan this QR code to download the app now. Once you have all the prerequisites you enter CPA PEP which consists of 6 modules. And CPA Canada is still unsure whether to keep CFE or not because a lot of current CPA's are not happy so they're taking that into consideration. Sort by: For those who got their CPA early on or have more free time, what other certs or skills are you going for next to further your career? Please join our discord Also bear in mind that CPA Canada has mutual recognition agreements with other countries like the US, UK (ACA), Ireland, Australia and others, so if you decide not to remain in Canada, your Canadian CPA will be recognized as equivalent to the dominant domestic designation in many other major countries, so you wouldn't have to start from scratch When writing the CFE (and all your cases), it is important to follow "The CPA Way" and make sure you attempt every single AO. Most of my American friends upon reading CFE reports cannot believe how in-depth CAN exams are. Now I only have my capstones and CFE to do View community ranking In the Top 1% of largest communities on Reddit. CFE -canada . That's a pro in that it reduces the number of ppl who could potentially get the certification, but a con BC it's additional cost. The ACFE CPE is expensive. Debrief your cases thoroughly as that’s where a lot of the learning happens. Implication 3. /r/MCAT is a place for MCAT practice, questions, discussion, advice, social networking, news, study tips and more. CPA Canada - CFE May 2024 . Only option was to change my gameplan for Day 3 to prioritize fully on FR AOs to make up for it while writing Going to be honest I bombed Day 2 depth in role, got no chance in this CFE even if i do good tomorrow. Capstone 2 prepares you CPA Canada statistics say few students successfully appeal the Chartered Professional Accountant CPA PEP CFE. Assertion 3. PERT was literally more challenging and time consuming than the CFE in my opinion. Then the rest of my time was spent focusing on how to apply the CPA way. This is decided during the admission process. Usually once you reach the management level, outside big 4, no one cares. Hi I am searching for study buddy for CPA-CFE. The point is more time is not necessarily time CPA assurance 2023 reflection from and I picked the assurance elective. Update: I got an email from the CPA Order saying that my appeal was unsuccessful :( I will rewrite the CFE Hopefully third time's the charm! For those who are thinking of appealing, do it if you have the money and want to have a View community ranking In the Top 1% of largest communities on Reddit. 456K subscribers in the Accounting community. Or check it out in the app stores [CAN] Need Templates for CFE (CPA Common Final Exam in Canada) I am writing the CFE this September and I have created the following templates. Reason above, CPA wants money. Or check it out in the app stores exams are the apittamy of "who the hell cares" info which by the way was my experience in risk consulting and I think CFE is actually a better supplement to CPA especially since most of CIA is sections of CPA but more boring. Hi guys If you don't want to get the extra hours, CFE is your only option. Know when to use RAMP, IGAR, WIR and always conclude and recommend, even if it seems redundant to do so. Or check it out in the app stores   Everything related to CPA Canada: courses, program, etc. Canada: Big Four Prepformula is a fraud, they will take your money tell its a pass guaranteed but that's a big lie, some of their mentors don't even have a clue what they are doing and if anything goes wrong their customer service team based somewhere in the philippines with no clue what Canadian CPA or CFE is all about don't give a damn, and you can't call anyone in Canada, rather they will try to This subreddit is for asking questions or discussing current issues regarding immigrating to Canada. So 5 days of actual study time. Looks like CFE was at 75% again View community ranking In the Top 1% of largest communities on Reddit [CAN] CPA Canada Released CFE and PEP Pass Rates - CFE 2020 is 75. The days will be work - dinner - CFE cases till bed and studying most of the weekend. There seem to be two main resources for PERT these days which are Gevorg CPA who has full courses for PERT or Chartered Perspective which is a site that sells guides/templates for writing the reports (also run by a CPA). You don't have time to research something you don't know and interpret it. Imo, stick with CPA resources and know ins and outs of CPA way. Occasionally you might find a bad group CPA Canada releases a breakdown of each previous exam with commentary from the board. Don’t worry, I’m 100% CPA Canada is finding new ways of shelling for money Hey goldenbear2! Just want to give you a shoutout, I followed your posts on reddit back when I was studying for the CFE. I suggest instead of trying to read the ebook, download the CPA Canada provided flashcards available in the Cap2 online module -- they are very good. CPA wants you to show progress so you’ll need to job hop if you’re at a place not promoting fast enough. How did your career change? I'm a Chartered Accountant from India and I can directly go for CFE for Canada CPA, due to the MOU between the bodies. Or check it out in the app stores May vs Sep CFE Canada CPA PM role . A reddit for information, news, tips and questions about ITIL (IT Infrastructure Library - a framework for IT Service Management), and the standards, models and frameworks CPA Canada CFE Appeal - Is it ever worth it? Share Add a Comment. You would then register for CPA Prep, PEP or Core 1, capstone or just write CFE. I guess it is because they don't want public accounting guys have an advantage over the Many physicians, mid-level providers, practice managers, administrators, billers and front desk staff members have questions about coding. I must have been confident or more likely Joker levels of crazy. Focus on your own exam and stay confident in your skills. As you know, the CFE is marked on a curve. Reply For the rewrite, I did not study knotia at all. I will be writing the CFE this upcoming September (2021). the only way to get feedback from It's a bit of column A, bit of column B. So later when I gave my transcript to CPA for evaluation they said I could skip PREP, challenge the PEP courses and write the CFE. So CPA and MAcc kind of go hand-in-hand. Hello, I will be writing the CFE Sept 2019 and wanted your advice. My friend working as a Corporate Accountant at an SaaS company passed the CFE, but still hasn’t been approved. Reply pwcunt CPA, MAcc (Can), M The following message is sent by Joy Thomas, President and CEO, CPA Canada, on behalf of the CPA Profession: Dear CFE Writer, Since I last wrote to you, we have received hundreds of messages describing difficulties and disruptions experienced in the course of writing this year’s Common Final Examination. Or check it out in the app stores I do anticipate CPA lowering the CFE/PEP/PREP pass rates. Tags: This is the CPA Canada PEP module exams where there is either 1 case (60 minutes) and 3 hours of multiple choice or 2 cases (each between 80 minutes and 2 hours) and the rest being multiple choice Reply reply More replies 11 votes, 13 comments. Or check it out in the app stores back? If so, you'll definitely need a technical review. If anything, AICPA is now copying CPA Canada in terms of exam model. Discussion Today I heard from some people from CPA canada that they are trying to get rid of the CFE leave. I didn't know one of the issues was an issue so i missed an FR AO. Yes, and if you take a look at the pass rates, it has been steadily trending down Get the Reddit app Scan this QR code to download the app now. positions are contract positions where the CPA pays you a base rate and that's it. Primarily for accountants and aspiring accountants to learn about and discuss their career choice Yes. Hey everyone, I'm not sure if this is the right place to ask for help or direction on things but I don't think I have anything to lose with this post. I don't know how I can remember all this? Luckily I am with a firm so we get our CFE leave, so I'll try my best to cover everything. I did my PEP thru a graduate diploma and did the assurance and taxation electives. Or check it out in the app stores   [CPA Canada] 2020 CFE Marker Application . There will be changes similar to how UFE -> CFE but I don't think they will completely overhaul the case-based approach, such as making it multiple choice. CPA Canada - Failed Sep 2021 CFE . 4. I passed Finance (thank god!). I’ve always heard about CFE being really challenging and tough, Get the Reddit app Scan this QR code to download the app now. CPA Canada - Mentor Needed . Knowing CPA Canada they will initially badly fumble the ball (I feel sorry for the first couple of cohorts that'll be used as guinea pigs while CPA Canada figures out where their ass is), but they will gradually grope their way to a slightly better program. Do your best and don’t give up. So, the December 2015 exam results have been posted. I wonder if there's a split screen on the word processor. Can't even take a Shit. Question for previous CFE Writers (especially those who have written in the last 3-4 years) CPA Canada 2021 sept View community ranking In the Top 1% of largest communities on Reddit. I took the week of the CFE off plus the Friday before. CPA Ontario sent out an email this afternoon providing some reasoning as to why they have decided to breakup from CPA Canada Get the Reddit app Seems pretty clear to me that this breakup was because of CPA Canadas proposed changes to scrap the CFE and change the competency map, and CPA Ontario wanted none of that. If accounting is what you want to do get the CPA first and then CFE later if it makes sense in your career progression. People take other resources as well such as Densmore. I think we wrote the 2017 one View community ranking In the Top 1% of largest communities on Reddit. I personally would like to think otherwise since the UFE and CFE are similar, plus the CPA program is quite rigorous with all the modules. I'm hoping to write the May '21 CFE. CPA (Canada) How's the SecureClient software? I'll be rewriting the CFE exam next week. After you pay for the course at step 3, you will get access to ebook and CPA Canada Standards and Guidance Collection (Exam Reference) Good luck and you can msg me if you have any question. What was the most challenging portion of the CFE and how did you overcome this? Get the Reddit app Scan this QR code to download the app now. Unless you really want to do something specific that requires a CPA, there’s lots to chose from still. Or check it out in the app stores CPA Canada - Core 1 . The program culminates with the CFE which is the final exam: CPA Professional Education Program (CPA PEP) (cpacanada. Internet Culture (Viral) Amazing; Animals & Pets; Cringe & Facepalm; Funny; Interesting; CPA CFE Canada - missed AO(s) for ROLE - MAY 2024 . A reddit for information, news, tips and questions about ITIL (IT Infrastructure Library - a framework for IT Service Management), and the standards, models and frameworks Get the Reddit app Scan this QR code to download the app now. Weakness 2. I have seen a lot of positive reviews on Gevorg's stuff but haven't Hi all. It's 100% doable to work FT in a demanding job and pass the CFE but you won't have a life for 2 months. But in finance's case - which isn't exclusive to AM - you'd also have to use the time not spent working on the CPA mods to prep for interviews and network, because when you're interviewing against other B4 profiles with Canadian CPAs you'd better be noticeably better in terms of technicals and fit to shake the "oh he went with the easier option" stigma (although I'm not Get the Reddit app Scan this QR code to download the app now. . Even if I pass this term, no way I could do 2 electives together with a full time job. How much time did you take off (including CFE week) and how did you choose your study schedule? I am having a lot of trouble deciding between the Capstone 2 study plan and Densmore. Densmore / coaches / other prep courses - CPA provides more than enough cases in Cap 2 and on the CPA website. I passed the CFE. And if they do choose to keep the case-based approach, given how big the CPA competency map is becoming, and how many things accountants CPAs and CFAs in Canada are a dime in a dozen. Anyone feel Sep writer significantly more competitive Fellow CPAs, how has the shortage Fair or not, getting the CFE will give you credibility over others in your field who don’t get it. Cfe was a formulaic exercise in pattern recognition and some memorization Hi guys What is the minimum typing speed needed for cfe and other pep modules exams? My typing speed is 40wpm and I am very worried 😟 View community ranking In the Top 1% of largest communities on Reddit. This can be by a pre-approved position Sept 2023 cfe was a doozy but everyone always feels that way. I am an ITA and have come through the MoU route. Also, I expect the CFE pass rates to decrease to low 70% to mid 70% in the near future. If your looking for FA, SFA, Finance manager roles then CPA is a better fit. Or check it out in the app stores   CPA PEP (Canada) - course timeline I am finishing undergrad in Dec 2016 but I was told I would probably not be able to write the CFE until 2019. (CANADA) CPA CFE Day 2 Role . If you didn’t feel confident of fr or ma (whatever one you went for depth on day 2) then try to focus good effort on day 3 for that competency and then allocate time for the rest and keep to time and move on to touch all AOs! Anyone know where the "Toronto South" CFE location might be? I know "Toronto West" is typically the airport, and I wrote Core 1 at Exhibition Go (Enercare Centre) but at the time they called that the "Downtown Toronto" location. I know some people thought the current CPA program was a step down from the previous CA program. Should you appeal the CFE? As a student in the Chartered Professional Accountant professional education program (CPA PEP), I've been writing about my experiences in the program for the last year, I think the vague objectives made it easier in a way because CPA isn't looking for black and white "yes/no", they want to know whether it will help achieve their objectives. CPA CFE CANADA - shitting bricks (CPA’s cue cards are pretty sufficient) to help remember topics and sections. They have to restart at the transcript assessment stage. Similar to MFIN, it's literally CFA Level 1 - 2, because CFA itself is a master's level designation. Procedure iii) Control Weaknesses - 1. CPA Canada CFE - September 2020 - Pass Rate anyone? So, belated congratulations to the 6,371 who passed! I'm also convinced the pass rate can't be compared with other professional exams' and countries' CPA qualifications because the mandatory education process in Canada View community ranking In the Top 1% of largest communities on Reddit. Discussion For those of you who have applied to be a CFE Marker (paid position) for the upcoming exam in September, have you heard back regarding your application? I'm hoping it doesn't water down the qualification / opinions of existing CPAs and CPA students in the future. Welcome to r/Big4, a place to discuss everything related to the Big 4 accounting firms: PwC, Deloitte, EY, & KPMG. Honestly as a CPA student right now, I still prefer for CPA to have some final exam still similar to CFE as I don't want the designation to get "watered down" and still have its prestigious reputation View community ranking In the Top 1% of largest communities on Reddit. After finishing the Cores and Electives, Capstone 1 is honestly a good breather before heading into intensive studying for the CFE. is offered by the AAMC and is a required exam for admission to medical schools in the USA and Canada. CFE may be rebranded but not necessary replaced. Disclaimer: Please note the information provided by our members is not (and should not) be interpreted as legal advice. Can anyone who has already cleared or will be appearing for CFE guide in the approach to start studying for the exam. To those wo have passed the CFE. I've heard a 20-25% fail rate (I estimated 30% in my studying), but CPA Canada is so not-transparent, so I guess we'll never know. My cfe was last September and most of it was financial reporting, procedures and WIR, no is offered by the AAMC and is a required exam for admission to medical schools in the USA and Canada. Are these the formats that the CFE markers are looking for? : i) FR Issues - 1. The handbook is there so you don't have to memorize guidance verbatim; you can just flip to it and copy and paste it into your case to form the outline for your analysis. Gaming. However I'm not sure if I should give the CFE directly to save some bucks, or give Capstone 2 and then CFE. Risk 2. Hi Everyone, Hope you all are doing good. ca) And CPA Canada is still unsure whether to keep CFE or not because a lot of current CPA's are not happy so they're taking that into consideration. CPA Canada Marker Experience . Reddit comments are not legal advice and do not replace consulting a qualified, licensed immigration professional. Valheim; Get the Reddit app Scan this QR code to download the app now. I've also read somewhere that PEP is supposed to take 2 yearsbut when I try to Should CPA Canada end accreditation of all MAcc / MPAcc and GDip programs? The thing is, CPA designation itself is a master level accreditation. Today's demand for certified professional coders (CPCs) is growing as many jobs in the coding and billing field now require certification. While I come from the industry, I believe my financial reporting knowledge is good and would require just a brush up. He probably needs to look for a new place and maybe move up to a Senior role to get breadth of experience. To all those who quit CPA or failed CPA 3 times(max attempts) in Canada. I saw this article and the update on CPA Canada website. Think of the 3-day CFE. CPA CFE Canada NC . Recommendation iv) Audit Special Reports - 1. ). As far as quants go, I really only practiced the types of quants from the practice cases. Or check it out in the app stores [CAN] CPA Canada is getting rid of CFE Leave . Hi all. To those who passed the CFE, what percentage of NC did you receive while in capstone 2? comments sorted by Best Top New Controversial Q&A Add a Comment BigKarm PERT was literally more challenging and time consuming than the CFE in my opinion. That being said, the Canadian CPA is very time-consuming (many modules, PEP, CFE, and 30 month exp)It's fair to say the Canadian CPA is much harder in terms of its examinations than US CPA. I focused on the case itself, their goals, etc and specifically how CPA Canada wants you to write day 1. Or check it out in the app stores   Consequences of failing the CFE? - Canada CPA Exam . Or check it out in the app stores   Core 2, Elective 1, Elective 2, Capstone 1, Capstone 2, and then the CFE) Lastly, 30 months of work experience at various levels (it's level 0,1, and 2) to achieve Core, Depth, and Breadth. Depending on when they got their prerequisites, any Core courses (intermediate accounting and consolidations for example) that are more than 10 years old during the reevaluation stage will not be accepted by CPA provincial body. You failed the CPA Common Final Examination. If you're struggling, there are other resources available. Canada has the most CFAs per capita in the world and ever since the transition out of the legacy CA which was basically super restricted to big 4/PA firms to CPA where industry experience counts, the market has been flooded. CPA canada provides enough materials. CFE markers [CAN] All CFE/CPA PEP, etc. I passed Core 2 with distinction and nothing else. Best of luck, so close to being done! Fellow CPAs, how has the shortage of CPAs at your View community ranking In the Top 1% of largest communities on Reddit. Or check it out in the app stores     TOPICS. After much research I have decided I would rely on Capstone 2 and material provided by CPA to prepare myself. Cleared cfe last year. I wonder if there's a split **The subreddit for CPA Candidates** Certified Public Accountant (CPA) Come here if you are looking for guidance to becoming a CPA. I'll be rewriting the CFE exam next week. The CFE is more about applying the "CPA way" than it is about demonstrating . Or check it out in the app stores     TOPICS Canada CFE September 2021 tips/questions . But quite frankly, that would have distracted me even more. oxjro fxcudu xkwgfgt guvryxc oyndgqis ciesk fjqp hgtaoc wldfd flwhtnl