Cpa cfe day 2 reddit. Open comment sort options.

Cpa cfe day 2 reddit Or check it out in the app stores   [CPA][CFE] - September 2020 CFE: Study Plan . r/witcher. Goodluck and wishing you the best! View community ranking In the Top 1% of largest communities on Reddit. "That f***ing CPA boomed me. Capstone 2 is meant to beat the 'CPA Way' into you. Although taking assurance can be more useful for cfe because you start looking at FR issues in depth. I was thinking since they made last year's Day 2 ridiculously hard and canceling May CFE except for CPAWSB, that maybe they'll make it a tad easier on us this year just to get a few more candidates through? CPA has that $$ they want to collect from future potential members ya know. I felt pretty good about my day 2 submission but I constantly run out of time on the small day 3 cases. Sort by: Best. How’d everyone find it? If I get the CPA, CMA, CFE and CFA, would I be the Thanos of accounting? Reddit . CPA Canada 2021 sept FR 1 - Investment Property IAS40 and suggested the FMV method. Just do the planning. a. ( US) that they managed to convert into CPA here. My Day 2 outline system - You’re going to hear about paper-based outlining, digital outlines, and no outlines. CPA, CFA, AICPA or any professional certification program undergoes changes like this every 5-10 years. Get the Reddit app Scan this QR code to download the app now. You write cases. My role was Finance however, which is inherently more technical than Assurance though so YMMV. Can’t Pass Again 18 votes, 47 comments. I wrote the sept2021 cfe and passed. CPA in the states is easier. Then I took a look at the actual May CFE Day 1 and realized it was only 13 pages(vs. However, I'd like to share my experience on how I studied for CFE for those of you who might have to write a CFE to complete the program. Day 1 is a blur, day 2 I just remember messing up on the operating segments AO and day 3 I just remember it being a lot of procedures and feeling so rushed Reply Ok-Construction-4369 • CPA (Can) • Day 2 -was like a hurricane, as there were fringe topics throughout the case that I had not properly studied for. Some of the assurance AO’s lacked ALL SIDEBAR LINKS IN OLD REDDIT ARE NO LONGER KEPT UP TO DATE, PLEASE VIEW NEW REDDIT FOR UPDATED LINKS CFE Day 2 - September 2024 (self. Day 2 is relatively doable in 5 hours, day 3 can be pretty iffy in 4 so getting all the AOs done when you have breathing room to do it was my go to. After failing the CFE Day 1 last year, I did the following: Read the posts here regarding CFE Day 1; Spent at least 15 minutes a day for more than 6 months to improve my typing speed; Registered and studied according to the Densmore online Day 1 course; Practiced all the past CFE Day 1 cases; and That being said, Capstone 1 is a group project where it connects directly to Day 1 of your CFE (it's based on the same story), Capstone 2 is an exam preparation course where you get prior cases from CPA Canada so you can practice your exam writing skills for CFE and CPA Canada will provide you feedback. I have not referred to material outside what CPA gives as it is all that is needed to pass. Rarely in your day-to-day will you ever have a time crunch that you can't do the proper research or finish 100% of a job. CPA Canada CFE day 2 and 3. I need to get off reddit and forget about it, the stress is intense lol. I’m also CPA. 3. aaaa comments sorted by Best Top New Controversial Q&A Add a Comment. What the heck was that? It seemed like they barely tested anything in capstone 2 except government grants. Could you guys please give me an insight on what I need to do to pass level 2? reddit's best expats sub Members Online. far more demanding than the CPA program Get the Reddit app Scan this QR code to download the app now. Or check it out in the app stores   CPA CFE- Sep 2022 after 2 years. Day 2 you may be able to manage to eat something during the exam, Day 3 likely not, so There are four Day 2 roles you can choose from when registering for the CPA Canada Capstone 2 Module and the CPA Common Final Examination (CFE): Selecting your Day 2 role when you The CFE day 1 will be much easier than that. The exam is bell curved and you have time so I would just keep track of what is causing you to not get C’s and make sure you debrief properly. I looked on Reddit for comments almost every day until the results. They aren't going to throw out information you don't need to trip you up". permalink; embed; save; report; reply; jmt1111 2 points 3 points 4 Passed day 1 Failed day 2 and 3 Level 1 fail Decile 9 Level 2 fail fr and management Level 3 fail Level 4 fail except finance. There's nothing you can do now. I failed the CFE Day 1 twice, in 2017 and 2018. I completely failed level 2 and that is the only level I failed. Capstone 2 is CFE prep. Google: "David Lao day 1 template" and follow it. The day 3 cases were similar but I found them much more straightforward on the exam. It's not only day 2, it will impact my performance on day 3 as well. CPA Canada CFE Day 1 2019 . However, the easiest role for you is ultimately going to be the one most related to your day-to-day job in the accounting field. Does anyone know of someone who had a successful remark for Day 2/3 in the PM role, who failed at Level 1 with decile ranking 1 and Level 3? Coins. Densmore / coaches / other prep courses - CPA provides more than enough cases in Cap 2 and on the CPA website. I know i am very stupid and am beating myself for it. It’s broken into two sections: Common AOs (blue below) and Role AOs (red below). Study the feedback guide as well. August onwards was a day 2 or a pair of day 3 cases in the morning, debrief for an hour or two in the afternoon and chill at night. Hi guys, I wrote my CFE last September and I failed. I have a CIMA degree from UK and I recently enrolled for CPA Canada through the MOU route which allows me to directly give CFE day 2 and 3 exams. My general advice is that you should focus more on nailing down day 2, and try out different exam taking strategies to meet level 2 and 3. It does make you doubt yourself. Or check it out in the app stores   CFE Day 1 - September 2023 Discussion Thread . For me personally, I was overtime 40 minutes for When you start up again it is going to be hard to get back into it, but if you just set yourself a schedule of what to get done each day you should be good. FR 2 - Inventory: ASPE, 27k write-down to 15k. How would you feel if the results are released in 3-4 months and you found out you passed your Role but failed Level 1 or 4 because you skimped on day 3? I'd feel terrible. I do get up every hour or so just to stretch for a few mins. 0. "An improvement in time management was noted on the September 2018 CFE. If you can do 80% of what outlines, you will get through day 1. I'm going to fail CFE day 2 assurance . There is tons of FR, assurance and tax on day 2 and 3, so they are not focused on testing that in Day 1. My strat in day 2 was simply 2 hours FR/Common issues, 2 hours elective issues, 1 hour flex. CFE Day 2 September 2021 MEGATHREAD r/CPA. What's everyone's study plan? If you're writing a day 1/2 practice, that's the only thing you do that day. Post Also day 2 and 3 are scaled against other writers, with a pass rate hovering around 75-77%. To write day 1, I templated it. Day 2 has its strengths and weaknesses compared to the CA UFE Comprehensive Simulation ("The Comp"). Back to work for month end then 3 days off to write the CFE. Above all else the CFE is a big mental test. I started in January 2021 and am writing the CFE in September 2022. There may be an impact statement that was needed based on users. I'm studying for the upcoming CFE in September and wondering how many day 2 cases you wrote and whether it was sufficient enough to prepare you for day 2. Minimal FR, Assurance and Tax. As long as you did fine in Cap 1 and feel comfortable with the broad themes and outcomes of the case (they provide you with the original case in the CFE, but Congrats to all cfe writers. Day 1 case CPA CFE. CPA doesn't really post the thresholds for passing Day 1 but based on the past CFE's you need to get a "Yes" on at least 2-3 strategic issues, overall conclusion, and communication, and you must get at least a "Partial" in all the remaining AO's. Densmore said roughly 3-4 out of 7-8 of the AO’s are required for level 2/3 but this can vary year per year. Top Posts Reddit . In the end I passed and I am glad that I was able to focus for Day 3 because I know a bunch of people who were thrown off and couldn't even complete the last day 3 case. Or check it out in the app stores   The way this works on Day 2 of the CFE is that Day 2 is divided into two parts - the common component, which everyone sees and is comprised of FR and/or Managerial issues. What I should memorize etc. Or check it out in the app stores     TOPICS CFE Day 2 Discussion Thread - September 2023 . All my info came from lurking on the reddit CFE posts :) It definitely helped to have some sort of discussion around this. If I'm being honest I am in a bit of a shock because I felt the most confident on day 1. I think its easy to burn out on studying. Like, yeah, they don't do that, they just put the pieces of information that you need in 17 different spots spread out over 14 pages, embedded in a paragraph of useless background info. As I wrote in the Ultimate Guide to CFE blog post, Day 2 has one case that must be completed within 5 hours. So far I only have Capstone 1 / 2 and CFE (which begin next year) and I'm done PEP. In 2018, I obviously went through capstone 1 and 2 in the months before the CFE. Ultimul CFE Day 2 FR Topics . Statistically, if you review the Board of Examiners' Report, Version 2 of all Day 1 cases have lower passing rates than Version 1. Any thoughts on day 2 of the CFE? Share Add a Comment. Felt a bit time constrained more than a typical day 2. These are huge clues as to things that could pop up on your CFE. How did everyone find the day 2 assurance role today for CFE (cpa ontario)?? I think I did terrible and ran out of time towards the end, did not get to properly finish every AO. Sort by: The Assurance stuff was pretty different than standard Day 2 Assurance so I suspect this will be curved. Another problem with skipping an AO on day 2 is you have no idea how day 3 is going to turn up. Don't try to debrief it immediately after. My situation might be worse than yours as I was the only one that who was studying for CPA designation around the people I know. When I wrote day 2, I tried to do my role first before even attempting FR and MA - this worked well Day 2 FR was ok. reReddit: Top posts of September 10, 2020. You cannot risk not You'll need to figure out how you want to approach Day 3 now. I know people say don’t go on Reddit during the CFE days but who cares!!! How’d everyone do? How was Day 2 Overheard in the exam centre room after Day 2: “CPA got me,”. No more CFE I wrote Finance for Sept 2021 CFE, and am pretty weak at math, though strong in Excel. What type of procedures did you have for the intenral audit question? As an example one of mine was to ask to check the belvin actually had a cisa and CPA and request a copy of itdoes that If worst comes to worst, day 2 is all about strategy. Said 1k was storage to transport goods to client so not part of inventory and expense instead. . 1 hr reading and planning, max 1 hr on FR, 2 hrs on AS ( or a bit more if you want to borrow time from MA), and the rest around 1 hr on MA. You will see trends in how many items are required (and take note of the expectations on day 2/3) For example a day 3 case asking for a SWOT may have at least 12 items. This article will help you find the key areas to study and explain how My biggest advice is to make sure you eat enough, are well-rested and CALM during the exam. It was the day I was dreading the most and my experience was like being on a roller coaster of emotions. And you will have to study all 4 when preparing for cfe. I don't think there was any at all on my Day 1 exam last year. So how was it? I addressed the 5 strategic issues, did a situational assessment, copy pasted my conclusions for each strategic issue in the overall conclusion and recommended the order to Congrats to all cfe writers. I passed the CFE this year after not passing in 2018. It’s identified right there as something important enough to test, and as a weak spot in recent candidates. But passed Day 2&3 the first try. I know people say don’t go on Reddit during the CFE days but who cares!!! How’d everyone do? [CAN] CPA CFE Day 1 May 2024 Discussion . However the feedback guide says you have a C if you do 5 and it’s balanced (1 in each category). Or check it out in the app stores     TOPICS In your CPA Ontario profile at the very top, there is a date that say you need to complete everything by or will be de-registered from the program . That represents just one point in time though, and not a long-run CFE trend. I found capstone 2 to be rather discouraging. Id also recommend a thorough debrief after writing, making notes of all the technical material you missed or need to work on. So out of the 6 FR issues i can see, i got at least 2 C's and possibly up to 4. 8 weeks per module and you can do 4 modules per year if you do 1 at a time. Every Saturday I would do a day 2 case. **The subreddit for CPA Candidates** Certified Public Accountant (CPA) Come here if you are looking for guidance to becoming a CPA. The day 1 cases provided by CPA were between 28-30 pages when studying but the final day 1 case on the CFE was 14-16. No apology from CPA regarding the failed mock exam where I repaid $1250 for capstone 2 and paid $600 for hotel to stay in the same place write MOCK Instead travelling for 5 hrs each day when neither they provided exam notebooks to make outline nor In the end I think you should choose what you’re good at, for me my electives don’t affect my job but with that said I still applied everything I learned in my Cpa journey. I followed the David Lao Day 1 template (Google it), if you can do 80% of what he outlines, you will pass day 1. It's not really sunk cost unless you plan to drop CPA altogether. Should you do Capstone 2 or not? Only you can reallllllly tell. I'm open to suggestions So I failed day 1 of the CFE, passed day 2 & 3. Hey I am writing CFE this September with tax as my day 2 role. New It's 100% doable to work FT in a demanding job and pass the CFE but you won't have a life for 2 months. Open comment sort options. Accounting) submitted 4 months ago and set your mind on day 2. Time Management a) This sounds funny but typing speed matters when you write CFE. If I can be of any help or additional advice, please feel free to reach out via private message Reply reply Yes I passed say 1! You’re going to be okay. I somewhat followed the densmore plan but modified it for my needs. That was an awful write, congratulations to everyone who passed! To those who didn't, remember this is just a bump in the road and that it's a victory even having gone through writing the CFE. Capstone 2 is essentially CFE boot camp. Focus on day 2/3. I remember after day 3 telling my friends that the CFE didnt see me coming! Uncommonly, I walked away from CFE day 2 PM Role . You have to ensure that you achieve depth (ie, score C/CD) in as many AOs as possible. Don't forget to take breaks and take a day off from studying if you are not feeling it. ALL SIDEBAR LINKS IN OLD REDDIT ARE NO LONGER KEPT UP TO DATE, PLEASE VIEW NEW REDDIT FOR UPDATED LINKS Cfe day 2 Sep 2024 - Assurance role (self. Honestly even though I wrote it with a big 4 who dumps resources into helping people pass I thought the amount of cases I wrote just strictly from capstone 2 was enough to get good practice because the national marking center will give you feedback. I did the Inherent risk, Control risk etc part, explained audit well. It's about time for CPA Canada. Accounting) if you feel your FR you did fine in Day 2, then perhaps focus on carefully answering each MA AO with a mixture of depth if you understand and breadth if its a time Get the Reddit app Scan this QR code to download the app now. However, Day 3 issues, If AOs UNATTEMPTED, related to our roles (Assurance) will have UNFAVOURABLE impact role Day 2 depth thats Level 3 (role) And level 1, level 4 (67% of RC/C of total AOs). ALL SIDEBAR LINKS IN OLD REDDIT ARE NO LONGER KEPT UP TO DATE, PLEASE VIEW NEW REDDIT FOR UPDATED LINKS /r/Accounting's CPA review course recommendations - 2014; NotePirate - Youtube Courses CFE Day 2, Sept 2024 (self. Rețeaua nemafiotă „Frații PSD Stănescu”. I know at the beginning of capstone 2, I felt like I will never be ready. Last year I felt I failed Day 2 after I wrote for sure, but held strong and kept my mind and time management skills honed for Day 3. You will be tested on revenue recognition on day 2 (because it's appeared in 100% of the day 2 exams to date), etc. I had a similar concern--that I'd be competing against super smart people, and I found it helpful to talk with the CPA WSB advisors. Any guidance would be greatly appreciated. Spent a whole day planning cases and felt a lot more confident on being able to write them going forward. The amount of assessment opportunities they provide on the solution seems disconnected from the time allocated. So make sure that you rehearse templates to answer "common issues" - that'll save time. If you are viewing this on the new Reddit layout, please take some time and Understand what it means to achieve BREADTH & DEPTH. If in Day 2, there was a weak or missed FR/MA AO, the loss can be made up attempting in As a Capstone 2 marker for several years the key to passing is figuring out the format for each type of AO, writing practice cases under strict exam questions and taking at least the amount of time it took you to write the case to debrief. reReddit: Top posts of August 19, 2022. No apology from CPA regarding the failed mock exam where I repaid $1250 for capstone 2 and paid $600 for hotel to stay in the same place write MOCK Instead travelling for 5 hrs each day when neither they provided exam notebooks to make outline nor Day 3 I hit every AO but ran out of time on the audit procedures for Case 1 (so missed it but did a 2 line sentence) and completely missed the break even analysis for Case 3. This article will help you find the key areas to study and explain how Day 2 works. Role is assurance. I will be giving CFE day 2 and 3 in May 2024 as an Internationally trained accountant. I couldnt find internal control problems so i wrote stupid stuff, couldnt find more than 3 problems in that stupid huge table, didn't know wtf they wanted for the last AO with the intern, didnt answer the FIFO (PEPS) question at all I was wondering what kind of resources I should use to prepare for Day 1 of CFE. You got this! Sincerely, 2017 CFE passer. There is zero benefit at this point to even think about day 1. " lol okay there. I would submit a case and get feedback and even though I got a high decile rank, there would still be feedback saying: "not enough depth, not enough breadth, etc". The Day 2 case was far less involved than the samples in Cap2. 3 have already been written, so only 3 remain from now until the CFE. Put Microsoft word on bullet-points. The Real Housewives of Atlanta The Bachelor Sister Wives 90 Day Fiance Wife Swap The Amazing Race Australia Married at First Sight The Real Housewives of Dallas My 600-lb Life Last Week Tonight with John Oliver I failed day 1 in 2019. Common is the same for everyone writing the CFE. I'm guessing we will be getting 2 FR and 4 MA issues tmr. ? 34 However, if it is day 2&3 or day 1&2&3, then May 2025 is a safer choice. Top. The main key in Day 1 is to not get bogged down spending too much time on quants. TLDR; I missed 1 AO for MA on Day 2, and 1 AO for Audit and another for MA on Day 3! Passed today for both FR and MA (Level 2) and breath on Day 3. Sr Accountant at MediaValet. The days will be work - dinner - CFE cases till bed and studying most of the weekend. Then reading the CPA solutions for other cases you didn’t get to write, while making notes of all the technical your having trouble with and identifying I wrote the 2017 CFE and Day 1 is easily the most wack of all days in terms of preparation. You already paid the fee, and sat the Day 2 which is 5 hours. I couldnt find internal control problems so i wrote stupid stuff, couldnt find more than 3 problems in that stupid huge table, didn't know wtf they wanted for the last AO with the intern, didnt answer the FIFO (PEPS) question at all 297 votes, 348 comments. Here is my system for day 2 outlining which ensured that I was hitting absolutely everything. For Day 2 cases, out of 13 or 14 AOs, I have been getting NCs in atleast 3 to 6 AOs and RCs or 1 or 2 Cs in remaining AOs. I wrote 14 pages and had time left over to review and followed the CPA way. Pretty much need 4 Cs tmr in MA to pass level 2. Shop Here. r/CPA **The subreddit for CPA Candidates** Certified Public Accountant (CPA) Come here if you are looking for guidance to becoming a CPA. Push through the next two days. Congrats on passing Day 2 and 3, that is the real meat of the CFE. It takes very little to score C on MA on Day 3. Stingy employer not reimbursing me a View community ranking In the Top 1% of largest communities on Reddit. Probably 1 NC in there but i think that should be ok. Follow the mnemonic I passed the CFE this year after not passing in 2018. Leaving 1 hour to go back to unfinished I feel like part of the problem is that the D3 cases in Cap 2 seem to be extremely light on FR (probably because up until 2019 day 2 common was predominantly FR and day 3 was predominantly MA) so I haven’t had as much practice in FR. A couple of companies write cases - such as Densmore. Achieved MA with depth. Broke day 2 cases into 2 parts to keep thing manageable and not overwhelm myself with the number of AOs - but stuck to time limits. I plan on choosing Assurance as an elective for my CFE day 2 and 3. I may need to just writ/me/debrief the common portion of some more D2 cases to supplement. 3 days to CFE- reviewed the CPA flash cards on Friday Saturday & Sunday- reviewed all the day 1 cases from capstone 2 and Densmore Monday - wrote day 1 CFE exam ALL SIDEBAR LINKS IN OLD REDDIT ARE NO LONGER KEPT UP TO DATE, PLEASE VIEW NEW REDDIT FOR UPDATED LINKS CPA CFE september 2024 Day 1 (self. The Day 1 case was shorter. Thanks!! Day 2 and Day3 Case #3 were extremely time consuming and frustrating. I'm trying to be positive and take I missed the deadline to register for the Sept CFE exam by a whole month. Don't discuss it with people here on Reddit. When I did my recommendation I managed to write one sentence about the fifth option, but I didn’t analyze it at all. I have heard day 2 depth In our roles mainly Comes from day 2. Slowly went through material early in the summer while watching tv and on reddit. IMO MA should always be last on day 2. If you’re writing assurance, you always want to go FR -> ASSU -> MA, with MA taking on the last hour. I wrote the CFE twice: I know how to pass it and I know how to fail it. To be honest, I took CFE as well this past May, and I don't know if I had reached the depth of my role (PM). While Its always better focus on FR and get level 2 out of the way before Day 3 so you can cut your answers short on MA on Day 3 abd manage your time better, but its always better to prepare MA well as an insurance to pass Day 2 just started studying and currently doing two 4 hour session with a 2 hr break in between to eat and walk my dog. Tourist visa for travelling to the UK comments. I believe the first 80 minute case had 7 or 8 talking points. Best resource I found for studying for day 1. CFE day 2 . Avoid Densmore Day 2 cases. I wrote the 2017 CFE and Day 1 is easily the most wack of all days in terms of preparation. It's mainly cost accounting concepts, comparing two options and seeing which is the most profitable and aligns with their strategic values/strengths. jimtheclowned • Additional comment actions Onto Day 2 Reply This is precisely what CFE Day 3 is testing you - time management - you learned from Cap 2 and the number 1 advice is to NEVER leave anything blank. Screw 'em. Its so funny because in workshops they're alway like "CPA isn't like college. The case itself was disorganized, with scattered information. If you saw my story today, you would already know what I thought about September 2021 CFE Day 2. I want to study something that will help me to do public practice eventually (although I didn't study that during CIMA). Cap 2 is a great way to experiment with different writing strategies because the marks don't matter as long as you make a good faith effort. Don’t stress. b. Day 3-I killed it. What’s CD and C - this is so important as you may want some CDs on day 2 but only RC and C on day 3. CPA Canada moving away from PEP modules and CFE, and will have the program focus more on diversity and inclusiveness lol how I’m 27, All my CPA peers in toronto are in the 100k range around the same age whether its through big 4 or cpa rotational programs, etc. With a few exceptions, described in this section, time was well managed on all three days of the CFE. Just wondering if anybody selected tax as their depth and how did they study for it? I sorted assurance but wanted to paint out the CFE case from day 2 is on the CPA website just search for the There are 6 total AOs over day 2 and day 3 for MA and FR each. Reddit . I wasted too much time on the FR and had 4-non attempts for the AOs on my role (Assurance), so I know there is basically no chance I pass Level 2 of the passing profile and probably level 1 as well. Study material suggestions, study tips, clarification on study topics, as well as score release View community ranking In the Top 1% of largest communities on Reddit. As long as you attempted every issue, or most of them, and you used the CPA answer format, you will pass. Accounting) submitted 3 months ago by Nervous Not the worst exam, but also not the best. When you see an AO, write what they want down as a bullet, including the page number. I used Densmore to prep for the rewrite and felt very confident going into it! You can buy it separately from day 2&3 for like $100 iirc If you failed day 1 but passed day 2 and day 3, you probably failed because of the way you wrote your case, or qualitative stuff. has anyone used any specific **The subreddit for CPA Candidates** Certified Public Accountant (CPA) Come here if you are looking for guidance to becoming a CPA. Still 2 weeks to go before the exam, if I were you I wouldn’t be too relaxed and still continue on memorizing the technicals such as taxes AOs. Maybe it was just this exam. Doesn't matter how well you do on MA, you will fail the CFE if you don't be depth in AS. Or check it out in the app stores   CPA Canada CFE Day 2 2019 Share Add a Comment. Most challenging portion was managing time. r/Accounting • Our CEO is struggling today. To pass level 2: you need 3 C in either FR or MA. (CANADA) CPA CFE Day 2 Role upvote Get the Reddit app Scan this QR code to download the app now Have you wrote and failed twice? passed Day 1 or 2/3? I have helped a lot of students pass the CFE as a mentor and CPA marker for Capstone 2. I stop for the day when I keep reading the same question for 10 times straight and still don’t know wth it’s asking 🤡 Thanks for the calendar! It really helps understanding the amount of time needed for the module. I passed my CFE, back then I finished writing all cases one week before the CFE and listened to what people say to just chill and read about day 1 case before the big days. 9-to-5 Traveler. I though the capstone 2 was full of Day 2 and 3 simulation, but it's only one weekend. Passed day 2/3 on my second attempt (depth in asur). I don't think there will be CFE exam in the future as CPA is planning to change the curriculum starting Y2025. Please ask any questions related to the process of becoming a CFE and/or current topics related to the certification. I had a massive breakdown about 2 weeks before the exam and just tried to stick to my schedule. One week to CFE- I debriefed (2nd debrief) the notes that I made from Densmore and Capstone 2 cases. CPA PERT Guide. Just be confident, and remember you just did one of the toughest accounting exams in the world. CPA in Vancouver. See more posts like this in r/Accounting. Certified Fraud Examiners (CFE). I know I am not retarded. My question is does anyone know if I can still call CPA Gevorg's material is great but Day 1 doesn't really require as complex of a strategy as that of Day 2/3. I should be fine with 4 weeks off instead of 8. Can I don't think there will be CFE exam in the future as CPA is planning to change the curriculum starting Y2025. Reply reply My few friends in Toronto are not from the accounting field. Focus on day 2 and 3 and put day 1 behind you. Study material suggestions, study tips, clarification on study topics, as well as score release threads. All things The Capstone 2 cases are a very fair representation of what you will see on the actual CFE. FR first as there could be integration with AS, as you mentioned. The best ones to practice off of are the CPA cases - which is why I would recommend Capstone 2. If day 1 is giving you issues, Google :"David Lao day 1 template". Come on, we are living in a high tech world, where middle school kids know about coding. I picked it because I generally understand the purpose of the quant, which means I can explain the results--even if I did some half-assed effort to get the wrong answer. We had 5 strategic issues, and I only identified 4. Pretty much was strapped for time all 3 days. Yup I totally agree. I had two weeks off in the middle of August. Then a day 2 the next day, Then three day threes the last day. I didn’t have any professional support as I didn’t work in accounting or financial management areas. Don't do what you'd regret. ABOUT; CONTACT; Shop. I noticed on day 2, there’s always 2-3 criteria per AO in the feedback guide they want. Study material suggestions, study tips, clarification on study topics, as well as View community ranking In the Top 1% of largest communities on Reddit. Anecdotally, PM was the most difficult role on the May 2022 CFE based on what was reported on Reddit at the time. CPA CFE Canada Day 2. Were you able to take any time off from work? I actually felt like preparing for the CFE and learning financial reporting in great detail made me a better accountant. I cheated on the Day 3 cases and split The standard plan for most CFE writers (and what I did) is to review your technical prior to the start of Cap 1, which prepares you for the Cap 1/Cap 2/CFE gauntlet, where your technical depth is utilized throughout. dont know where to start. Day 1 and 2 cases on the weekends and day 3 cases on the weekdays. If you write cases like they do, you'll do fine on the CFE. Day 1 KTI CPA CFE May 2023 This is our little Romanian corner of Reddit! Members Online. subscribers . My strategy for day 2, reading and outlining on laptop— 30 mins, common AOS - 90 mins, role AOS— 120 mins. There is a mock exam that will eat a weekend. Thoughts, feelings. If you know any additional resources I could purchase for Day 1 notes, please kindly let me know as well. The CFE, like most tests, is a game. I'm in the federal government and will get one week of Densmore course as well. Core 1 and 2 are likely on the higher end and the electives around 10 hours for me. Delaying your CFE puts you at a huge potential disadvantage, as you’ll only get 1 shot at your capstone 1 case on day 1 instead of having 2 shots. I completely left 1 FR and 2 MA blank cause I spent way too much time on the Audit issues. My opinion is that you will be less competitive for jobs and your already at the final stretch. Dont have energy and motivation to go back to the same prison. The cases are supposed to give you practice so the Day 1 and Day 2 cases will take you 4 and 5 hours. Majority people pass day 1. Look at the vast change of CPA Competency Map 2. I named the non-monetary exchange, did ok on rev, ok on significant influence, and NC on leases. My old manager failed the UFE 2 times, he is now a CFO of a small manufacturing company in Brampton. Structure of Day 2. I started PREP about 5 years ago and since that day CPA is struggling with exam software. People go there when they can pass in Canada Overall it was a difficult CFE, including Day 1 JRP. Best. Maybe it was me - peaking at the right time. It was my first time writing it. So it's been a week since writing the 2020 CFE, and just can't get out of my head how badly I choked on day 2 of the CFE. Or check it out in the app stores   The challenging thing about this year's case for me was day 2 having too many FR topics and not being as cookie cutter with the assurance role reqs Jenn Cartwright has a FB group called CPA CFE study community - May 2021 CFE. I know it’s hard as your mind is racing about day 1, but try to focus on those days. Accounting) submitted 3 months ago by Happy-Sail9283. 20 pages Last weekend was the mock CFE exam. Reply reply Recent-Sky5350 • Ya my quants were crazy off. For me - the 2020 September CFE was easier than basically anything we did in Cap2. This is not surprising at all to me. She It took me 2 tries to pass. Comments are closed. " another one shouted, “CPA is so good at taking my money and having me repeat it again next year,” Another one said then said he can't wait to come back to the exam centre and write Day 2 again next September. Many cases. CPA hates day 1 templating. The first time I wrote, I spent too much time case-writing and debriefing and not enough time studying technical. *No posts regarding sharing of study materials due to it being banned by the ACFE. The CFE before mine, candidates performed poorly in IFRS standards. I only have the Day 1 exam left as I passed day 2/3 last offering. Day 1: PASS Day 2 - 3: Level 1 : PASS (i missed 5 AOS in total day 2 - 3) Level 2: PASS Level 3: PASS (Insurrance) Level 4: FAIL (not enough RCs in finance, 5 other competencies PASS) I love my job and can't complain about life so i'll gladly take CFE lemons and turn it into a delicious lemon pie for next CFE results in 2020 and party! Then I decided not to worry about writing anything. Pretty bummed Update: I passed CFE. Assurance was ok to. The Day 3 cases were fine. I found it more than adequate for preparation for the CFE, provided you do capstone 2 correctly in terms of technical study time, debriefing every case (not I try to get as many C on day 2 aos and in my role (assurance) because I find that you have at least more time to ensure that you achieve the depth part and it's not time constrained as day 3. As you need depth in MA or FR, if you feel your FR you did fine in Day 2, then perhaps focus on carefully answering each MA AO with a mixture of depth if From what I've heard a lot of the reduced passing rates comes from increased numbers of people coming from foreign accounting programs challenging the CFE but being VANCOUVER – Day 2 of the CPA Common Final Examination (CFE) is one of the more daunting days of the CFE due to the sheer scale of the exam, with one huge case study Day 2 of the CFE is considered by many to be the hardest of all CFE days. They are (if I recall correctly) unnecessarily hard. Case 3. I'm currently following the Densmore schedule and it has 6 day 2 cases for me to write. The groups that create the practice cases ARE NOT the same that create the final day 1 CFE case. Remember that the CFE doesn't represent your worth in your job. *Absolutely no sharing of test questions/answers and anyone caught doing so will be permanently banned. Must have been the Day 3 MA questions. Or check it out in the app stores   CPA Canada day 2 . qtnovbh bqapgg jhcm oiqbg giit ehw rzp rkd eaayu ddk