A Counting School - Hardcore Chartered Accountancy

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UFE 2009 Results are up!

 As I mentioned earlier, I was slow in checking results this year as I'm far from home - but Ontario candidates can find the ICAO's UFE 2009 results on this page.

[Edit - summary of all Canadian UFE 2009 results is up here.]

Congratulations to all those who passed. The ICAO has stopped disclosing the pass rates since I suppose they don't like the statistic viewed in isolation - but I never minded whether Ontario had a higher or lower rate. It's a tougher program to pass on your first shot because you get to write the exam much faster than in most other provinces - the CASB process may prepare you for a longer period of time, but if you're like me, you just want to go and write as soon as you're done the CKE and SOA.

You can read details regarding the ICAO's logic on this page and you'll see that 15% more people passed than last year in Ontario. If you're really clever you can probably deduce the actual pass rate. My company did fairly well yet again, and I suspect the increase in the pass rate may owe to at least two factors for everyone overall:

  1. The new 2-day SOA exam no doubt helped prepare people!
  2. Perhaps there were more writers overall?

If I was engaging in some full-on journalism I'd contact them to find out but I'm on vacation and giving people an easier way to find the results and congratulating my friends who passed - have fun celebrating - you should be out living it up right now. Or nursing post-pre-party excesses.

Edit: I hope the ICAO isn't going to change the links to their website yet again - above links updated as of Dec 23, 2009.

Posted: Dec 04 2009, 06:47 PM by Krupo | with 4 comment(s)
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Comments

hassan123 said:

It seems like wilfrid laurier grads took the top spots this time. What happened to rotman and schulich?

# December 5, 2009 12:32 PM

Fraud said:

Probably three factors here, more writers in general, more writers getting through the SOA, better performance on the UFE.

The BoE has been dropping the UFE pass rate for the last 2 years, so it's unlikely that we're going to see it spike.  70% is probably too low (after 2003, they publicly stated they'd raise the pass rates because they were low, and 2003 was high 60's), and we know from 2007 that 76% was too high (because it dropped to 72% in 2008).  

# December 9, 2009 10:11 PM

Krupo said:

Laurier grads have been doing quite well in the past few years - good for them. I don't know if school-by-school rates are publically available.

# December 24, 2009 1:18 PM

Krupo said:

Canada wide rates are available here, FYI:

www.mycasite.com/.../viewtopic.php

# January 10, 2010 1:56 AM