Update: 2022 pass rates are now released. Please see the updated post here.
CPA Canada has now released the 2021 PEP and CFE pass rates.
2021 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 |
|
|
May and September 2021 |
73.6% |
n/a |
n/a |
|
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% |
In 2021, there were two offerings of the CFE. The 73.6% pass rate is the combined average on both the May and September 2021 CFEs. Overall, there is a decrease of 1%-2% year over year, with an average of 75% rate.
2021 PEP Pass Rates
|
CPA PEP Module |
2021 Pass Rate |
2020 Pass Rate |
2019 Pass Rate |
|
Core 1 |
77.1% |
81.9% |
79.4% |
|
Core 2 |
85.3% |
86.2% |
84.3% |
|
Taxation |
88.1% |
88.0% |
88.1% |
|
Assurance |
90.5% |
89.1% |
89.2% |
|
PM |
90.9% |
90.7% |
90.6% |
|
Finance |
89.1% |
89.0% |
89.9% |
There are marginal decrease overall in the PEP (Core 1, Core 2) while other modules have stayed flat.
PEP and CFE Exam Coaching
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