CFE Remarks, Performance Analysis Reports and Consultations

If you are unsuccessful on the Common Final Examination (CFE), either in part or the whole, you can request a remark and/or a Performance Analysis Report (PAR). You must submit the request with payment for an examination remark/PAR by Monday, December 20, 2021. Requests received after the deadline will not be processed and will not be eligible for a refund.

However, before you take that step, we recommend that you review the detailed breakdown of your CFE results. Please also see the Information for Candidates letter to help you understand the detailed results. Then consider booking a CFE consultation with an Education advisor to help interpret your results. When booking a CFE consultation, please do not purchase a remark and/or PAR until after your consultation. The consultation may impact whether to proceed with the purchase.

Note: If you are unsuccessful on the CFE, you do not need to retake Capstone 2. However, it is recommended you do, as it will help you brush up on your case writing skills and technical knowledge. You will not be required to meet the passing profile or attend the workshop. Unsuccessful candidates will be notified of Capstone 2 and CFE enrolment.

If you were unsuccessful on only a portion of the CFE, you will have an opportunity to register to re-write that portion on an upcoming offering of the CFE. For example, if you were unsuccessful on Day 1, but passed Day 2 and 3, you will have the opportunity to register to re-write Day 1 on an upcoming CFE. If you were unsuccessful on Day 2 and 3, but passed Day 1, you will have an opportunity to register to re-write Day 2 and 3 on an upcoming CFE. Go through our quiz to understand what you are eligible to do in an upcoming CFE.

Students who were unsuccessful on Day 1 of the CFE should consider the Day 1 cases that will be offered on upcoming CFEs to help determine the timing of their next attempt.

Fees

This is a table associated with the information above
Results remark (day one)$275
Results remark (day two and three)$500
Results remark (all three days)$725
This is a table associated with the information above
Performance Analysis Review (day one)$450
Performance Analysis Review (day two and day three)$700
Performance Analysis Review (all three days)$1100
This is a table associated with the information above
Results remark and Performance Analysis Review (day one)$675
Results remark and Performance Analysis Review (day two and three)$1150
Results remark and Performance Analysis Review (all three days)$1750

Request a remark

You are eligible to request a remark if you were unsuccessful on the CFE or have made a successful attempt, demonstrating depth in Assurance (Level 3) and were unsuccessful demonstrating depth in Financial Reporting (Level 2).

You may want to request a remark of your results if you:

  • failed at Level 1 and are assigned a decile of 1 or 2
  • failed to demonstrate competence in one specific competency area at any of Level 2, 3 or 4
  • made a successful attempt with depth in Assurance (role) and failed depth in Financial reporting and are interested in pursuing a public accounting license

You are less likely to succeed on a remark if you:

  • did not demonstrate competence at Level 1 and are assigned a decile of 3 or more
  • did not demonstrate competence in more than one specific competency area at Level 2, 3 or 4

If you wish to request a remark, log into My Portal and click on Service Requests ► Exam Remarks and Performance Analysis Report (PAR).

Note: No additional information will be provided with a remark. Students will be notified by email if their remark was successful or unsuccessful. Remarks will be available on February 7, 2022.

Request a Performance Analysis Report (PAR)

A PAR provides unsuccessful students with a detailed analysis and specific feedback on the areas in which the minimum standard was not met and provides commentary of how to improve performance. In addition, areas in which the student performed well will also be commented on.

In an effort to provide unsuccessful students with more timely feedback, the Board of Examiners is piloting the creation of an automated feedback report for Day 1 of the CFE. The new report is automatically generated using the marking data collected for each response rather than being based on a personalized review of the response. It is therefore being provided at no cost to all unsuccessful Day 1 students. This new report is intended to allow for the identification of the key deficiencies in the student’s Day 1 response, which then allows the student to decide whether to request the more detailed personalized Day 1 PAR noted above, for a fee.

As noted above, it is recommended that you wait to receive your automatic feedback report before deciding whether to purchase a Day 1 PAR. Automated feedback reports will be available on December 10, 2021 by 3:00 p.m. Reports will be available for download from the Candidate Portal. You will not be notified once the reports are ready therefore, we recommend that you check for your report on December 10, 2021 after 3:00 p.m. Download a sample Day 1 automated feedback report.

PARs are available for Day 1 and/or Days 2 and 3.

Please ensure you read the Sample PARs to understand the level of detail that will be provided when deciding whether to purchase a PAR. Further, please note that PARs are meant to be self-explanatory. CPA Ontario does not offer services to help students understand/interpret their PAR.

Should a student’s standing of "fail" be changed to a "pass" upon remark, that student’s PAR (if purchased) will be cancelled and any associated fees will be refunded.

Please note that historically students who have purchased a PAR have performed significantly better on their next attempt at the CFE.

If you wish to request a PAR, log into My Portal and click on Service Requests ► Exam Remarks and Performance Analysis Report (PAR).

Please note that PARS will be returned on May 6, 2022, a few weeks prior to the Spring CFE (May 25-27, 2022). Therefore, if you are purchasing a PAR, it is recommended that you do not write the May CFE and you wait until the September CFE. For example, if you were unsuccessful on the September CFE your PAR will be available around the time of the May CFE, so you should plan to write the CFE the following September.

Request a CFE consultation

You can meet with a CPA Ontario Education representative to help interpret your CFE results and prepare for your next examination. Consultations will be completed on the phone via Microsoft Teams.

Please note: representatives will not have access to individual student papers and specific questions related to the CFE cases/responses will not be discussed.

You will be able to book your CFE consultation as of December 3 at 2:00 p.m.

If this was your first and/or second unsuccessful CFE attempt please ensure you select the service "CFE Consultation First and Second Unsuccessful Attempt".

If you were unsuccessful on either your third and/or final CFE attempt please ensure you select the service "CFE Consultation Third and/or Final Unsuccessful Attempt".

Note: You must ensure you select the service that is relevant to you to ensure your consultation is scheduled with the appropriate consultant. All consultations must be booked at least 48 hours in advance. CFE consultations will take place from December 7, 2021 and December 17, 2021. Consultations will take place between 9:00 a.m. and 5:00 p.m. You must enter your country code when entering your phone number to ensure the booking is complete. If you need to reschedule and/or cancel your booking please use the link you receive in your booking confirmation email.

Unsuccessful CFE quiz