The CPA Common Final Examination **Additional CFE scheduled for 2020**

Two CFEs to be offered starting in 2020 plus details on the CFE itself.

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Two CFEs to be offered starting in 2020


To provide increased flexibility for writers of the Common Final Examination (CFE), the CPA profession is excited to announce it will offer an additional sitting of the CFE in 2020.

The dates for the CFE in 2020 will be May 27 to 29, 2020 and September 9 to 11, 2020. To complement the second offering of the CFE, the profession will also offer additional offerings of the CPA Professional Education Program (CPA PEP) Capstone 1 and Capstone 2 modules to align with the timing of the CFE offerings. Currently, both the CFE and Capstone modules are offered once a year.

A full CPA PEP schedule can be found online.

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The CPA Common Final Examination (CPA CFE)


The CPA Common Final Examination (CFE) is an integral part of the CPA Professional Education Program (CPA PEP), and represents the academic cornerstone to becoming a CPA. Being a CPA means you possess a high degree of professionalism that can be applied to numerous areas including government, the not-for-profit sector, private industry, public accounting and international business. CPAs are valued across industries and sectors for their leadership skills, strong financial acumen and their strategic approach to all aspects of business. Being successful in writing the CPA CFE requires all candidates possess not only highly developed technical accounting, finance, strategic management and leadership competencies, but also possess enabling competencies which produce well-rounded team members in the workplace.

The CPA CFE is a robust exam which takes place over three days. The first day of testing sees candidates sitting for a four-hour exam focused on strategic thinking, and is based on the case study candidates first encountered during Capstone 1 of the CPA PEP. Day two sees candidates sitting for a five-hour exam which shifts the focus to examining the depth of knowledge the candidate has accumulated. All candidates will be presented with the same case, but will have previously chosen and prepared for the role under which they will examine the information presented (roles include assurance, tax, finance, or performance management). The third day of the CFE has candidates return for a final four hours to address several smaller cases that look to explore the breadth of knowledge acquired. This not only looks to further examine the development of technical competencies, but also enabling competencies such as professionalism, addressing ethical issues in the workplace, decision making, self-management, teamwork and leadership.

Since inception, CPA Atlantic School of Business has offered the national CPA CFE in September 2015, May 2016, and September 2016, with the next offering taking place September 12-14, 2018.

The schedule for the CPA CFE in 2018 and 2019 are as follows:

  • 2019: September 11-14
  • 2020: May 27-29
  • 2020: September 9-11

 More information on the CPA CFE,can be found here, including the following:

  • CPA evaluation,
  • CFE report and simulations,
  • CFE exam regulations,
  • technical update for 2017 exams