CPA CFE: Appeal Process and Performance Analysis Review (PAR)

If you were unsuccessful at the CPA Common Final Examination (CFE), you may choose to appeal the exam results, purchase a Performance Analysis Review (PAR), or do both.  

  • Appeal is a request to re-mark the exam by a marking leader
  • Performance Analysis Review (PAR) is a feedback report

SHOULD YOU APPEAL?

I don’t recommend you appeal. There is a low statistical chance that your appeal will be successful. However, if you were:

  • Confident you did well
  • Hit all Assessment Opportunities (AOs)
  • Surprised by the results

Then appeal, you have nothing to lose but the fees. Watch the video below for overview of the appeal process, details, sufficiency grouping (decile ranking) and appeal fees:

SHOULD YOU PURCHASE PERFORMANCE ANALYSIS REVIEW (PAR)?

You may want to purchase PAR. Consider:

  • Do you know the CFE exam structure (eg Depth vs  Breadth)?
  • Do you know what your weaknesses are (eg time management)?
  • Are you going to re-write the next CFE?
  • Do you have a budget for it?

If you answered No to the first two and Yes to the last two questions, then you may want to purchase PAR. PARs are available for Day 1 and/or Days 2 & 3. Watch the video below for explanation on how to read the PAR:

SAMPLE PARs

FEES

There are fees and deadlines to both the appeal and PAR requests. Check the Key Dates of your regional school to find those deadlines:

  • CPA Western School of Business (BC, AB, SK, MB and NWT, Yukon, Nunavut)
  • CPA Ontario
  • CPA Quebec
  • CPA Atlantic School of Business (PEI, NS, NL, NB, and Bermuda)

Below is the fee schedule:

School

D1 Appeal

D2/3 Appeal

D1/2/3 Appeal

D1 PAR

D2/3 PAR

D1/2/3 PAR

CPA WSB

$275

$500

$725

$450

$700

$1,100

CPA Ontario

$275

$500

$725

$450

$700

$1,100

CPA Quebec

$260

$520

 not published

$400

$800

 not published

CPA ASB

$225

$450

$675

$350

$700

$1,050

(As of 2019, discounts apply if you appeal and purchase PAR together. Check the regional school websites for updated fees. The appeal fee will be refunded to you only if the appeal is successful.)

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