May 2024 CPA CFE Cases and Answers (Download)

Similar to prior CPA Canada Common Final Exams (CFEs), the May 2024 CFE had two Day 1, one Day 2 and three Day 3 cases.

The following Day 1 cases were tested:

  • Neptune Point Fisheries Inc. (NPF) V1 (Download)
  • Kingsdale Tea Inc. (KTI) v2 (Download)

The following Day 2 and Day 3 cases were tested:

  • Day 2 (Download)
    • Fancy Luxury Jewellery Inc. (Fancy) (300 minutes)
  • Day 3 (Download)
    • Best Buddies Inc. (BB) (85 minutes)
    • Laura Saeed GR Inc. (LS) (85 minutes)
    • Lotoski (70 minutes)

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

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

For the May 2025 CFE, the following Day 1 cases will be tested:

  • Neptune Point Fisheries Inc. (NPF) v2
  • (New case to be announced later in 2024)

For the September 2025 CFE, the following Day 1 cases will be tested:

  • Amuzu Parks Inc. (API) v2
  • (New case to be announced later in 2024)

Where can I get the solutions?

The solutions will NOT be released by CPA Canada until 2025. I have written sample strong answers to May 2024 CFE cases. These are realistic answers that you can use for self-debrief or send for marking. 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 2024, 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 videos.

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 CPA Canada exam coach. If you want tutoring with me, sign up for my CPA CFE Review Course, for a comprehensive learning package.

CFE Review by Gevorg CPA