September 2021 CPA CFE Cases and Answers (Download)

Update: Please see these updated posts for May and September 2022 CFE exam cases download:

Similar to prior Common Final Exams (CFEs), the September 2021 CFE had Day 1, 2 and 3 cases. The following Day 1 cases were tested:

September 2021 CFE:

  • Waste Disposal Incorporated (WDI) v2 (download)
  • Distinct Hotels Corporation (DHC) v3 (download)

The following Day 2 and Day 3 cases were tested in September 2021 CFE:

  • Day 2 (download):
    • Farm Fresh to You Inc. (FFTY) (300 minutes)
  • Day 3 (download):
    • FenceCo (FenceCo) (90 minutes)
    • HSE Inc. (HSE) (80 minutes)
    • Amped Transit Ltd. (Amped) (70 minutes)

For the September 2022 CFE, the following Day 1 cases will be tested:

  • Waste Disposal Inc. case (WDI) v3
  • CanDo Fitness (CFL) v1

Where can I get these cases?

You can download by clicking on the hyperlinks above.  If you are registered for the Capstone 2 module for Summer 2022, you will receive these cases at the module. You can also simply download using the links above. If you are someone challenging the exam, such as an internationally trained accountant applying under MRA/MOU, also download using the links above.

Where can I get the solutions?

I have written my version of the solutions to September 2021 CFE cases, which you can get from here. The official solutions will be released in May, 2022, per CPA Canada’s announcement

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.


  • 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


  • 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