Similar to prior CPA Canada Common Final Exams (CFEs), the September 2025 CFE had two Day 1, one Day 2 and three Day 3 cases.
The following Day 1 cases were tested in September 2025:
The following Day 2 and Day 3 cases were tested:
- Day 2 (Download)
- Sky City Towers Inc. (SCT) (300 minutes)
- Day 3 (Download)
- Capsule Clothing Inc. (CCI) (90 minutes)
- Fresh Air Beauty Inc. (FAB) (80 minutes)
- Bijou Inc. (Bijou) (70 minutes)
For the June 2026* CFE, the following Day 1 cases will be tested:
- Karnat Bread Company Ltd. (KBC) v1
- Viviana’s Trattoria Ltd. (VTL) v2
*(Note: Usually CFEs are in May and September. For 2026, the May 2026 CFE has been delayed to June [June 2 to June 4], so it’s referred to as June 2026 CFE in this post.)
For the September 2026 CFE, the following Day 1 cases will be tested:
- Singular Textiles Corporation (STC) v1
- Meadowlark Entertainment Inc. (MEI) v2
There is no CFE in May 2027.
For the September 2027 CFE, the following Day 1 cases will be tested:
- Singular Textiles Corporation (STC) v2
- TBD, new case v1
Where can I get the Day 1 MEI v1 solution?
CPA Canada will NOT release the solution to MEI v1 until 2027. In the interim, I will write a sample answer to MEI v1. You can download it at the cases section of the Gevorg, CPA website, when available.
Are Day 2 and Day 3 solutions available?
CPA Canada will release the official solutions to September 2025 CFE cases in May 2026.
Will I get MEI v1 solution in Capstone 2?
If you are registered for the Capstone 2 module for Spring 2026, you will NOT receive the solution to Day 1 MEI v1. 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:
- Technical knowledge
- Case writing skills
- 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
We are Gevorg CPA Coaching Team. To get help with passing your exams, sign up for my CPA CFE Review Course, for a comprehensive prep package.
