The Countdown to CFE: Embracing Uncertainty and Moving On

As I prepare for my upcoming CFE (Common Final Examination) in just two days, I find myself grappling with a whirlwind of emotions. This will mark my third attempt at this challenging milestone.

Reflecting on Past Attempts

In my first attempt, I felt a moment of victory when I passed Day 1; however, I fell short on Level 1 Sufficiency for Days 2 and 3, ending up with a Level 7. My second try didn’t fare much better—I once again struggled with Level 1 Sufficiency, achieving only a Level 2 while relying on resources from Densmore. Now, as I gear up for attempt #3, I find myself wondering what the outcome will be.

The Desire for Closure

Part of me is simply eager to conclude this chapter, regardless of whether I pass or fail. I envision finally reclaiming my life; after this exam, I plan to unofficially retire my study materials and move on. While a failure may sting for a while—especially in how it might affect my self-esteem in the eyes of friends and family—I know that time heals. There are alternative paths ahead, such as pursuing an MBA or exploring different academic fields. Life doesn’t come to a standstill at the CPA designation, and to be honest, I’ve never truly enjoyed this line of work; I merely tolerate its mundanity.

The Mixed Blessing of Success

On the other side of the coin, the prospect of passing is undeniably enticing. Achieving a passing mark would provide a sense of pride and validation, allowing me to celebrate a personal victory. However, I can’t help but question the true value of the CPA designation itself. In my experience, particularly post-amalgamation, it feels more like a hollow trophy than a meaningful achievement.

To me, obtaining a CPA is primarily a practical decision—a strategic step toward securing better employment opportunities. My outlook is grounded in realism; I see the designation as a mixed bag, with the scales often tipping toward disappointment.

A Frustrating Reality

The entire CPA Canada experience can feel frustratingly farcical at times. The exam itself seems to be more about honing test-taking skills and financial investment than providing the requisite knowledge and experience to truly excel as a CPA.

As I navigate through these thoughts, I find solace in knowing that whatever the outcome, I can pivot and explore new paths