CPA PEP Prep Q&A

Time off for CFE Exam

 
Picture of Shevon Jeremiah
Time off for CFE Exam
by Shevon Jeremiah Send a message - 21 Mar 2018, 9:30 AM
 

Hi, 

I would like to know how many weeks etc...is a general study period for sitting the CFE exam. I am advised that the old CA program candidates took a month off to study.

Thanks for your feedback.

Picture of David Heelan
Re: Time off for CFE Exam
by David Heelan Send a message - 22 Mar 2018, 4:31 PM
 

Hello,

I have heard from PrepFormula mentors that 8 weeks before the CFE exam be taken off to study, practice cases, debrief, talk to mentor, etc.

Regards,

-David Heelan

Picture of Michelle Yu
Re: Time off for CFE Exam
by Michelle Yu Send a message - 22 Mar 2018, 6:10 PM
 

4 weeks is the norm on average. Only firms can give 6-8 weeks from what I've heard (from CFE blog and maybe reddit accounting) but even then that's a lot. 8 weeks cover entire duration of capstone 2 to exam week. Most people can't take 8 weeks especially if they are in industry. Heard instances where some people (mostly industry) take < 4 weeks off and still pass but it's risky. People who take less than 4 weeks off are usually held back due to constraints related to work.