Update: 2022 pass rates are now released. Please see the updated post here.
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.
