Update: CPA Canada 2023 pass rates are now available, you can find it at this updated post.
CPA Canada has now released the 2022 PEP and CFE exam pass rates. The 2023 pass rates will be released in February 2024.
2022 CFE Pass Rates
Below are the official exam pass rates as reported by CPA Canada:
|
CFE Offering |
Cumulative Pass Rates |
||
|
First Attempt |
Second Attempt |
Third Attempt |
|
|
May and September 2022* |
71.3% |
n/a |
n/a |
|
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 2022 and 2021, there were two offerings of the CFE. The 71.3% and 73.6% pass rates are the combined averages of both the May and September CFEs. Overall, there is a decrease of 2-3% year-over-year, with 2022 CFE pass rate of 71.3%.
2022 PEP Pass Rates
|
CPA PEP Module |
2022 Pass Rate |
2021 Pass Rate |
2020 Pass Rate |
2019 Pass Rate |
|
Core 1 |
74.0% |
77.1% |
81.9% |
79.4% |
|
Core 2 |
82.5% |
85.3% |
86.2% |
84.3% |
|
Taxation |
87.5% |
88.1% |
88.0% |
88.1% |
|
Assurance |
89.7% |
90.5% |
89.1% |
89.2% |
|
PM |
89.5% |
90.9% |
90.7% |
90.6% |
|
Finance |
87.2% |
89.1% |
89.0% |
89.9% |
There is a notable decrease in Core 1 pass rate, while other PEP modules decreased by about 1-2% in 2022.
PEP and CFE Exam Coaching
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