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Like most things in life, teamwork is at the heart of great achievements. CPA Canada website also posts the CFE pass rates, which helps you gauge the average performance of your peers. Use the CRC to learn how the exams are marked and practice mock exams to be better prepared when the exam day arrives. These resources help you better understand the exam structure and give an opportunity to practise past exams. CPA Canada's Certification Resource Centre (CRC) contains mock exams, exam reference schedules, blueprints and CFE reports. I find this to be an underutilized resource by candidates. I find running a timer in my computer’s background for 15-20 minutes lapses helps me to stay on track - when the timer beeps, I’m out no matter what. Keep yourself in check and search for only what you came for.
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There are also dozen of webinars, such as the one I hosted, that explain the exam structure and how to best prepare for the CFE.Ī word of caution when surfing social media sites: It is easy to be sidetracked and lose focus. Head over to YouTube and search for lectures, technical accounting concepts, and study tips to make the mundane study more interactive. Though CPA Canada holds workshops at the start and midway of some of its modules, for the most part you are on your own. This is a big change from university-level where you had lectures, seminars and class time. CPA PEP studies are online and self-lead you don't have a live instructor teaching you the materials and keeping you on track. This is another of my favourite go-to resources to find supplemental knowledge. and Canadian accountants, so it’s best if you start your posts with tags. It's also a great place to vent after your exams, especially after exams such as the September 2019 debacle CFE. Reddit's r/Accounting is a community of about 147 thousand accountants who share and answer posts (in-between whimsical memes) to the most frequently asked questions. Online communities are a great place to find answers. HTK's notes are written in an easy-to-read language and tailored towards the CPA exam writers. I recommend this resource to all my students because HTK's notes take the vast technical concepts from CPA Canada Handbook and break it down into small, bite-size pieces. They provide easy-to-read, well-organized notes on Financial Reporting (FR), Taxation and Assurance.
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Priding itself as being Canada's largest source for free CPA technical notes, HTKAcademy (formerly HTKConsulting) has been around since the Uniform Evaluation (UFE) examination days. Here are some of the most popular, free and useful supplemental study resources to add to your toolbox: 1. In both cases, having access to reliable, relevant and useful resources will help you make the process of passing the PEP and CFE easier and relatively stress free. Similarly, if you are an international CA who is planning on becoming a Canadian CPA under CPA Canada's Memoranda of Understanding (MOU), you will need to prepare for the CFE with no resources available (albeit you are encouraged to, but not required to, register for Capstones 1 and 2 preparation modules). You may start looking for supplemental study resources for simplified explanations. You may soon discover that these materials are very technical, lengthy and difficult to sort through. If you are a University grad who is just getting started with the program, you will be given a lot of - and I mean a lot of - learning materials.
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VANCOUVER – Studying for CPA Canada's Professional Education Program (PEP) exams and the Common Final Examination (CFE) can be daunting.
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