May 2023 CPA CFE Cases and Answers (Download)

Similar to prior Common Final Exams (CFEs), the May 2023 CFE had Day 1, 2 and 3 cases.

The following Day 1 cases were tested:

The following Day 2 and Day 3 cases were tested:

  • Day 2 (Download)
    • Unique Bottles Inc (UBI) (300 minutes)
  • Day 3 (Download)
    • Home and Garment Inc. (HG) (90 minutes)
    • Horsin’ Around Inc. (HAI) (80 minutes)
    • Canadian Bobsled Association (CBA) (70 minutes)

For the September 2023 CFE, the following Day 1 cases will be tested:

  • CanDo Fitness Ltd. (CFL) v2
  • J.R. Pets Inc. (JRP) v1

For the May 2024 CFE, the following Day 1 cases will be tested:

  • Neptune Point Fisheries Inc. (NPF) v1
  • Kingsdale Tea Inc. (KTI) v2

For the September 2024 CFE, the following Day 1 cases will be tested:

  • Amuzu Parks Inc. (API) v1
  • J.R. Pets Inc. (JRP) v2

Where can I get the solutions?

The solutions will NOT be released by CPA Canada until 2024. However, I have written sample answers to May 2023 CFE cases. You can get them from here

Will I get these cases in Capstone 2?

If you are registered for the Capstone 2 module for Summer 2023, you will NOT receive these cases at the module. You should download using the links above. If you are someone challenging the exam, such as an internationally trained accountant applying under MRA/MOU, please also download using the links above.

How do I prepare for the CFE?

There are several prep methods for the CFE. You will need to focus on these three items:

  1. Technical knowledge
  2. Case writing skills
  3. Strategy

I speak a lot about these items on my YouTube channel and webinars. You can check out my latest webinar.

Technicals:

  • Know the key topics on each of the competencies
  • Distinguish depth from breadth
  • Debrief

Case writing skills:

  • It’s all about following the CPA Way
  • Know your case inside out
  • Integrate throughout the case

Strategy:

  • Prepare a study plan
  • Obtain study materials
  • Get support and resources

Pass the CPA Canada CFE Exam

I’m Gevorg. I’m an instructor and a CPA exam coach. If you want coaching with me, sign up for my CPA CFE Review Course, for a comprehensive prep package.

CFE Review by Gevorg CPA