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CFE Indian and Other International CAs (Currently Living in Canada)
Course Description
This course was designed specifically to meet the needs of Indian, Pakistani and Nigerian CAs living in Canada. The course begins with a session which describes the CFE in detail and instructs students on how to prepare for the exam, including preparing an effective study plan.Note - In 2027 there will be significant changes to the CFE system. It is unclear what will happen to the MOUs (with Indian, Pakistan, Nigeria etc.). It is important that students who are interested in the Canadian CPA, write their CFE in 2025 or 2026.
In order to ensure that students achieve the required technical foundation, this course provides:
1) Live technical sessions in financial accounting and management accounting, the two technical topics that are most heavily tested on the CFE.
The financial accounting sessions cover all of the challenging topics under both IFRS as well as ASPE which is an accounting framework developed in Canada for private enterprises. The management accounting sessions cover all of the difficult topics in management accounting including, standard costing and variances, contribution margin analysis, activity based costing etc. For both financial and management accounting, cases are used to demonstrate application of technical knowledge.
2) Technical videos which cover taxation, assurance, strategy & governance and finance. These videos are available to students as soon as they register in the course and can be watched any time at the student's convenience.
Students will have the the opportunity to write numerous cases which will be professionally marked and debriefed in class. Students will also learn fundamental case writing techniques, essential for successful case writing including a structured approach for attacking the "Day 2 Case" which is a challenging 5 hour case.
Students will also learn techniques for getting sufficient depth in various competencies, including:
The course therefore provides 3 personal counselling sessions for each student in which the marker meets with the student to review a case the student wrote and provides constructive advice on how the student could have improved his/her performance.
The course directors Ira Walfish and Michael Levi are also available to students should they have questions or concerns in any area.
Course Elements
The course consists of three elements which we believe are essential for success on the CFE:- Technical review
- Sessions on how to write cases and practice case writing
- Personal attention for each student
1. Technical Review
In order to pass the CFE students need a solid technical foundation in 6 competencies:- financial reporting
- management accounting
- assurance
- taxation
- strategy & governance and
- finance
In order to ensure that students achieve the required technical foundation, this course provides:
1) Live technical sessions in financial accounting and management accounting, the two technical topics that are most heavily tested on the CFE.
The financial accounting sessions cover all of the challenging topics under both IFRS as well as ASPE which is an accounting framework developed in Canada for private enterprises. The management accounting sessions cover all of the difficult topics in management accounting including, standard costing and variances, contribution margin analysis, activity based costing etc. For both financial and management accounting, cases are used to demonstrate application of technical knowledge.
2) Technical videos which cover taxation, assurance, strategy & governance and finance. These videos are available to students as soon as they register in the course and can be watched any time at the student's convenience.
2. Case Writing
The CFE is a case based exam so it is vital that students be proficient in writing cases. However based on our experience many international students do not have experience in this area unlike Canadian students who generally write cases throughout their years in university. Therefore PASS has built very extensive training in how to write cases into this course.Students will have the the opportunity to write numerous cases which will be professionally marked and debriefed in class. Students will also learn fundamental case writing techniques, essential for successful case writing including a structured approach for attacking the "Day 2 Case" which is a challenging 5 hour case.
Students will also learn techniques for getting sufficient depth in various competencies, including:
- Numerical Methods - How to perform quantitative analysis quickly and effectively in order to reach at least the 'competent' level
- Depth in Financial Accounting - Essential technique for financial accounting issues which ensures students will move from 'nominal' or 'reaching competent' to 'competent' once an issue is identified
- Integrated Tax - Review technical corporate and personal tax and integrate the technical into cases
- Integrated Audit - Learn audit techniques to apply in cases to move up the competency levels
The case for Day 1 of the CFE is based on the case used in the CPA Canada Capstone 1 Module which CAs from India, Pakistan and Nigeria are not required to attend. In order to ensure that students have the necessary knowledge of the Capstone 1 case, PASS provides a summary of the information from the Capstone Module 1 case that is necessary for writing Day 1 of the CFE successfully. PASS also provides a case writing session on how to write the Day 1 case,
3. Personal Attention
PASS prides itself on providing personal attention for every student. We, however, have determined that International students require more personal attention due to their lack of experience in case writing.The course therefore provides 3 personal counselling sessions for each student in which the marker meets with the student to review a case the student wrote and provides constructive advice on how the student could have improved his/her performance.
The course directors Ira Walfish and Michael Levi are also available to students should they have questions or concerns in any area.
Timing of The Course
PASS offers 2 versions of the course for the Sept. 2025 and Sept. 2026 exams and 1 version of the course for the May 2026 exam.It is strongly encouraged that students begin both technical studying and case writing before the formal classes begin, as starting earlier is always beneficial PASS will provide you all of the resources to get you started, once you register.
Video
All live online sessions are recorded and students can watch the videos at any point in time.
Students can mix and match offerings, i.e. take some classes from one offering and other classes from another offering.
Sept. 2025 and Sept. 2026 - Version 1 - Begin Case Writing in January
In Version 1 of the course, students begin their practice case writing in January and write a number of cases in the winter and spring. This version has 2 advantages:- it allows students to get an early start on their case writing which is very important given that many students will require significant time to master case writing and
- it means that students will not be writing PASS cases while they are in Capstone 2 as they will already have written the cases before beginning Capstone 2.
Sept. 2025 and Sept. 2026 - Version 2 - Begin Case Writing in the Spring
In version 2 of the course, case writing does not begin until the spring so there is a bigger emphasis on writing PASS cases in the summer. This version is for students whose schedule does not allow them to begin case writing early or who only join the course in the spring.May 2026 - Begin Now (Anytime After May 2025 - Earlier is Better!)
Formal Live-Online classes begin in November 2025, for the May 2026 CFE.
There is no magic date to begin studying. However, students should begin studying earlier (if they register earlier), as the earlier one starts studying the technical sections and even begins practice case writing, the better. You do not have to wait until the live online sessions begin!
Also, if you start after the live online classes begin, it is not a problem as you can watch the videos for any missed classes.
Course Venues
Live Online
The live online offerings are outside of normal business hours (evenings/Sunday), so as not to conflict with work. Furthermore a portion of the course is offered through videos, which can be watched whenever one has free time.Video
All live online sessions are recorded and students can watch the videos at any point in time.Students can mix and match offerings, i.e. take some classes from one offering and other classes from another offering.
Course Includes
- Extensive technical notes for all 6 competencies
- Multiple cases provided for self study
- 1 day on case writing techniques - How to write CFE Cases
- 4 "Technique" sessions
- Write (and get marked) 8 Day 3 Cases (excluding Capstone 2 cases (alternative course))
- Write (and get marked) 2 Day 2 Cases (excluding Capstone 2 cases (alternative course))
- Write (and get marked) 2 Day 1 cases, 2 Day 2 Cases and 8 Day 3 Cases (with alternative course only)
- 2 Day 2 Cases de-briefed
- 3 personal counselling sessions (for three exams)
- PASS comprehensive binder and all course notes
What Our Indian and Other International Students Are Saying About Us
P. Trivedi Bajpai
When I started planning about CFE, I was very confused since this is the last step of an existing exam structure (CPA) and being an Indian CA, I didn't know where to start, and what to study.
Thank God I found
about PASS which guided us completely on what to focus on.
Ira and
Michael are super helpful and always available to solve our queries.
I
would recommend PASS to anyone thinking about CFE.
M. Dhawan
PASS course has best technical material especially videos and live sessions. Ira and Michael have provided tremendous guidance on case writing approach which is most important while writing CFE. Passion for teaching student truly reflect in their work. I want to thank PASS team and recommend every student to take up PASS course to pass CPA.
A. Pathak
Ira and Michael from PASS played a significant role in the beginning of CPA journey, both reintroduced the concepts and explained the case writing techniques to pass CFE. Study material provided has sufficient theory to understand concepts easily and clear any confusions. The experience of number of years is reflected in the classes, lectures and webinars. Thanks to both of you.
D. Bhavin
As a newcomer and internationally qualified accountant, I knew (passing) would be a challenging task, but with PASS it became all the more manageable. I credit most of my success to outstanding study materials and quality live instructions by Michael and Ira.
D. Mehta
PASS has a customized study program for candidates like me and a flexible study program for candidates who are working. The binders, presentations, videos and personal feedback were very
helpful in preparing for the CFE. I loved the techniques used for Assurance,
Management Accounting and Financial Reporting.
P. Langote
I successfully passed the CFE in the 1st attempt all thanks to Ira and Michael. After a gap of 7 years of studies it was difficult to get back to the books. That's when I researched about classes for the CFE, came across PASS and enrolled for the course especially designed for Indian & International CAs who are not very well versed with case writing.
I especially liked the case writing classes, where every small detail was taught whether it was planning an outline, ranking the AOs, integrating the case facts, identifying the big picture, time management etc. The counselling sessions with the markers helped me to a great extent to improve my case writing skills.
Thank you Ira and Michael for all your guidance and help. It truly means a lot.
READ MORE TESTIMONIALS
Lecture Demos
Upcoming Offerings
Exam Date | Venue |
Class Dates |
View Schedule |
| September 9-11, 2025 | Version 2 Live Online | First Class: January 9, 2025 Last Class: August 14, 2025 |
GO |
| September 9-11, 2025 | Version 1 Live Online | First Class: January 9, 2025 Last Class: August 14, 2025 |
GO |
| June 2-4, 2026 | Live Online | First Class: November 10, 2025 Last Class: May 10, 2026 |
GO |
| September 15-17, 2026 | Version 1 Live Online | First Class: January 8, 2026 Last Class: August 14, 2026 |
GO |
| September 15-17, 2026 | Version 2 Live Online | First Class: January 8, 2026 Last Class: August 16, 2026 |
GO |
Two Pricing Options
Recommended Option - $2,795
Students from certain countries (e.g. Pakistan and India and Nigeria) are not required to attend Capstone 2. Capstone 2 is, however, very important for passing the CFE, as it allows students the opportunity to write prior CFE cases and have them professionally marked. In order to help students who do not attend Capstone 2 with CPA Canada prepare for the CFE, PASS has incorporated the prior CFE case writing covered in Capstone 2 into the PASS course.
Students will purchase the cases from Capstone 2 for approximately $250 and then will write these cases and the PASS professional markers will mark them. In the Capstone 2 portion of the course students will have the opportunity to write old Capstone cases for all 3 days of the CFE. This includes 12 cases: 2 Day 1 cases, 2 Role Day 2 Cases and 8 Day 3 Cases
Alternative Option - $1,995
If students do not want PASS to mark the Capstone 2 cases, students can still purchase the cases from CPA and write them on their own and self-mark them. The price for this option is lower than the recommended option, as PASS is marking fewer cases for the student (about 12 cases instead of 24).
With the exception of the PASS marking of these Capstone 2 cases, in the last 7 weeks leading up to the CFE, all other aspects of the course (i.e. lectures, PASS cases, videos, technical material etc.) are identical between the two options.
PASS believes the above option, where PASS marks the Capstone 2 cases ($2,795) is preferable, as it is important for students to get as much professional feedback on their cases and this option includes the marking of more cases.
However, if financial considerations are the driving force in the decision, the alternative option is a reasonable option that should be considered.
INSTALLMENTS - Interest free installment plans available.
Please feel free to call PASS to discuss these 2 options and installment plans.
If students do not want PASS to mark the Capstone 2 cases, students can still purchase the cases from CPA and write them on their own and self-mark them. The price for this option is lower than the recommended option, as PASS is marking fewer cases for the student (about 12 cases instead of 24).
With the exception of the PASS marking of these Capstone 2 cases, in the last 7 weeks leading up to the CFE, all other aspects of the course (i.e. lectures, PASS cases, videos, technical material etc.) are identical between the two options.
PASS believes the above option, where PASS marks the Capstone 2 cases ($2,795) is preferable, as it is important for students to get as much professional feedback on their cases and this option includes the marking of more cases.
However, if financial considerations are the driving force in the decision, the alternative option is a reasonable option that should be considered.
INSTALLMENTS - Interest free installment plans available.
Please feel free to call PASS to discuss these 2 options and installment plans.
Course Price
SELECT FROM 2 OPTIONS
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