CPA Canada 2020 Pass Rates Released

CPA Canada has now released the 2020 PEP and CFE pass rates. This was the first year when PEP exams where written at home and the CFE at hotel rooms.

2020 CFE Pass Rates

Below are the official pass rates as reported by CPA Canada:

CFE Offering

Cumulative Pass Rates

First Attempt

Second Attempt

Third Attempt

September 2020

75.8%

n/a

n/a

September 2019

76.3%

87.4%

n/a

September 2018

77.6%

87.5%

90.8%

September 2017

77.6%

88.1%

90.6%

September 2016

76.8%

88.6%

91.4%

May 2016

68.7%

75.4%

79.9%

September 2015

82.9%

94.6%

96.6%

There is a marginal decrease (0.5%) year over year, but overall it is consistent at the average 75% rate.

2020 PEP Pass Rates

CPA PEP Module

2020 Pass Rate

2019 Pass Rate

Core 1

81.9%

79.4%

Core 2

86.2%

84.3%

Taxation

88.0%

88.1%

Assurance

89.1%

89.2%

PM

90.7%

90.6%

Finance

89.0%

89.9%

There are marginal increases overall in the PEP (Core 1, Core 2) while other modules have decreased or stayed flat.

PEP and CFE Exam Coaching

My name is Gevorg. I’m an instructor and a CPA exam coach. I’ve been featured on CBC News and Google News as a CPA exam expert. If you want coaching with me, contact me or sign up for my CPA CFE Review Course.

CFE Review by Gevorg CPA