Tag Archives: fail

The post UFE-results experience, from an “experienced writer”

Hi readers!  My name is Gus Patel, and I have offered to help with updates to content on the UFE Blog.  I have recently been in your situation, having written the 2013 UFE.  Currently, I work as an Audit Senior at BDO Canada LLP.  In my spare time, I enjoy being active, as well as teaching students about accounting concepts.

Last Thursday and Friday were the days.

They were the days you’ve been waiting 12 weeks for. After writing, what might possibly be one of the most challenging and mentally exhausting exams of your life, it’s finally UFE results day.  You are anxious, quivering nervous excitement, hoping desperately to see your name on the UFE results page.  As it gets closer to the final hour your heart beats as you constantly refresh the main results page at 12:00 sharp in Ontario.  You quickly scroll through the page, not finding your name through a quick glance, you decide to look up and down the page, but your name is not there….  You sit back like you just hit a brick wall, and you get that deep sinking feeling in your stomach. I failed the UFE!  

Sorry, I know that was a bit dramatic, but for some people it is not too far from how you’re feeling, trust me – I was in that situation too.  Your mind often has a way of hyping a situation to always be the “be-all-and-end-all” situation.  That if you don’t pass the UFE the first time, that the world will be over.  It may feel that way at first, but at some point you’ll come to realize that it was just an exam (maybe not just any exam).

Looking back on the experience, I think the hardest thing to me was looking my eager friends, family, and my girlfriend, who were also anxiously waiting for me to tell them that I had passed, that I didn’t.  Of course, then there is that awkward moment where they stumble to try and find their words to console you.  I think the last thing any writer who doesn’t make it through the process wants to hear is, “Don’t worry – you’ll study hard and do it again next time”.  Not a lot of people can understand what you went through.  On a positive note, hopefully soon after, you will run into a successful repeat writers, perhaps several in your office – they will reach out to you in understanding support.  Actually, looking back I was really surprised by how many people did reach out to me, even being at one of the Big-4 firms.

The first thing to get into your head is, it does happen, people can be unsuccessful the first time, or even the second or third time writing, you can fail this exam.  The Board of Evaluator’s objective is designed to do just that!  It doesn’t mean that you can’t do it.  If you get the UFE Success book by Densmore (which I strongly suggest you do at some point) it has some strong statistics, “… the flow-through rates (of the UFE) are as high as 99% in ASCA, are averaging around 97% in British Columbia and have historically been around 94% in Ontario but are rising. These statistics demonstrate that experienced writers can, and are, making it through the system. Passing the UFE is a very achievable goal.”  If nothing else, keep that in your head.  You can pass.

As for now, if you have just found out that you had an unsuccessful attempt, do not fret – it’s okay in the moment to feel upset, angry, emotional… it’s part of being human, but do not let it consume you.  I am a strong believer that things do happen for a reason, and coincidentally enough, there is always a reason behind why you didn’t pass.  It wasn’t an anomaly I can assure you of that.

You have questions, I know you do.  Luckily for you, I’ve been through this process once –  I was very meticulous in my second attempt in trying to reach at every possible resource in order to gain an advantage along my 2nd attempt, and I want to pass every bit of it to you.  Like I said, you can do this – if you really want to.  Looking back on it a year later, believe it or not, it is somewhat of a blessing in disguise because it will make you a stronger person.

However, do not fret about any of it for now.  First order of business I want you to do is nothing.  When I say nothing, I mean it – keep your head out of the UFE game, it is of ultimate priority that you rest and recover so that you can hit next year ready to attack.  Your goal in the next little while is reach to your friends and loved ones for support, get past the feeling of depression, self pity and doubt, and relax and forget all about this process.  Have fun again and enjoy the holidays, and don’t even think about the UFE until the beginning of next year.

There are more resources than ever today for repeat writers. Don’t worry, UFE Blog will be right here, helping along the way.

A note from Tom, the UFE Blogger:

I want to personally congratulate Gus, who I’ve worked with for some part of this year. I was nervous to be one of the people clicking refresh on the results page at 12 noon. I was even more thrilled to see Gus’ name there shortly after. I’m happy to bring Gus’ voice, as an experienced writer, to this blog and I hope that the many candidates that must write the UFE a second or third time benefit from his experience and support. Congratulations Gus!

The post UFE-results experience, from an "experienced writer"

Hi readers!  My name is Gus Patel, and I have offered to help with updates to content on the UFE Blog.  I have recently been in your situation, having written the 2013 UFE.  Currently, I work as an Audit Senior at BDO Canada LLP.  In my spare time, I enjoy being active, as well as teaching students about accounting concepts.

Last Thursday and Friday were the days.

They were the days you’ve been waiting 12 weeks for. After writing, what might possibly be one of the most challenging and mentally exhausting exams of your life, it’s finally UFE results day.  You are anxious, quivering nervous excitement, hoping desperately to see your name on the UFE results page.  As it gets closer to the final hour your heart beats as you constantly refresh the main results page at 12:00 sharp in Ontario.  You quickly scroll through the page, not finding your name through a quick glance, you decide to look up and down the page, but your name is not there….  You sit back like you just hit a brick wall, and you get that deep sinking feeling in your stomach. I failed the UFE!  

Sorry, I know that was a bit dramatic, but for some people it is not too far from how you’re feeling, trust me – I was in that situation too.  Your mind often has a way of hyping a situation to always be the “be-all-and-end-all” situation.  That if you don’t pass the UFE the first time, that the world will be over.  It may feel that way at first, but at some point you’ll come to realize that it was just an exam (maybe not just any exam).

Looking back on the experience, I think the hardest thing to me was looking my eager friends, family, and my girlfriend, who were also anxiously waiting for me to tell them that I had passed, that I didn’t.  Of course, then there is that awkward moment where they stumble to try and find their words to console you.  I think the last thing any writer who doesn’t make it through the process wants to hear is, “Don’t worry – you’ll study hard and do it again next time”.  Not a lot of people can understand what you went through.  On a positive note, hopefully soon after, you will run into a successful repeat writers, perhaps several in your office – they will reach out to you in understanding support.  Actually, looking back I was really surprised by how many people did reach out to me, even being at one of the Big-4 firms.

The first thing to get into your head is, it does happen, people can be unsuccessful the first time, or even the second or third time writing, you can fail this exam.  The Board of Evaluator’s objective is designed to do just that!  It doesn’t mean that you can’t do it.  If you get the UFE Success book by Densmore (which I strongly suggest you do at some point) it has some strong statistics, “… the flow-through rates (of the UFE) are as high as 99% in ASCA, are averaging around 97% in British Columbia and have historically been around 94% in Ontario but are rising. These statistics demonstrate that experienced writers can, and are, making it through the system. Passing the UFE is a very achievable goal.”  If nothing else, keep that in your head.  You can pass.

As for now, if you have just found out that you had an unsuccessful attempt, do not fret – it’s okay in the moment to feel upset, angry, emotional… it’s part of being human, but do not let it consume you.  I am a strong believer that things do happen for a reason, and coincidentally enough, there is always a reason behind why you didn’t pass.  It wasn’t an anomaly I can assure you of that.

You have questions, I know you do.  Luckily for you, I’ve been through this process once –  I was very meticulous in my second attempt in trying to reach at every possible resource in order to gain an advantage along my 2nd attempt, and I want to pass every bit of it to you.  Like I said, you can do this – if you really want to.  Looking back on it a year later, believe it or not, it is somewhat of a blessing in disguise because it will make you a stronger person.

However, do not fret about any of it for now.  First order of business I want you to do is nothing.  When I say nothing, I mean it – keep your head out of the UFE game, it is of ultimate priority that you rest and recover so that you can hit next year ready to attack.  Your goal in the next little while is reach to your friends and loved ones for support, get past the feeling of depression, self pity and doubt, and relax and forget all about this process.  Have fun again and enjoy the holidays, and don’t even think about the UFE until the beginning of next year.

There are more resources than ever today for repeat writers. Don’t worry, UFE Blog will be right here, helping along the way.

A note from Tom, the UFE Blogger:

I want to personally congratulate Gus, who I’ve worked with for some part of this year. I was nervous to be one of the people clicking refresh on the results page at 12 noon. I was even more thrilled to see Gus’ name there shortly after. I’m happy to bring Gus’ voice, as an experienced writer, to this blog and I hope that the many candidates that must write the UFE a second or third time benefit from his experience and support. Congratulations Gus!

UFE Podcast for second time writers

Saw that over on CA Accounting Designation Revealed, they’ve got a Podcast up of an interview with Kayla Switzer discussing everything UFE for experienced writers. It sounds like a good listen for anyone rewriting the UFE this year so head on over and check it out!

What is your weakness? Know what your transcript is saying!

Today we have a guest post from Kayla Switzer’s Blog: I Failed the UFE! Now What? You can also get in touch through her web site at www.KaylaSwitzer.comFeel free to contact Kayla if you have any questions or just want to vent! 

Knowing why you failed the UFE is an important first step in moving on. I have been receiving a lot of emails from students requesting an explanation of their transcript because they are confused about what exactly it is saying. It is confusing! So let’s go through a sample in more detail and you can use it as a guide to understand your transcript better.

Transcript Sample

This is an example of a student who failed at Level 1. The sufficiency grouping of 1 means that this student was close to passing the UFE, but needed one or two more indicators at Competent to pass. A student with a sufficiency grouping of 10, which is the highest sufficiency grouping (i.e. the furthest away from passing Level 1) would have needed several more indicators at C to pass.

The decile rankings for the Comprehensive and the Non-Comprehensives are to rank you against your peers for the three day exam. In this example, the student has a decile ranking of 7 on the Comprehensive and 8 in the Non-Comprehensive (the multis), which means that the student was was in the bottom 30% on the Comprehensive and the bottom 20% for the multis. Another way to look at it is that the honour roll students would have a decile ranking of 1, which means they would be in the top 10% of all writers.

In this example, this student passed at Level 2 and Level 3. This student only barely passed Tax at “standard marginally met”. This could mean that the student was weak in tax technical, that they didn’t notice an entire tax indicator, or maybe that the student had poor time management and always left tax to the end and didn’t tend to provide enough depth.

There is also a lot of reading between the lines to do. For example, did you focus primarily on the Level 2 requirements getting green, and then got yellow and red in Level 3? This is a time management issue because although of course you need to do well in PM and Assurance, if you don’t leave enough time for Level 3 you won’t be able to pass the UFE.

So now look at your own transcript. What is it saying? What level did you fail at? How many reds and yellows did you get? Can you read between the lines to find out what it all really means?

If you have more questions on your specific transcript please feel free to contact me through my website at www.KaylaSwitzer.com. I love to hear from all of you!

I failed the UFE. What do I do now?

Today we have a guest post from Kayla Switzer’s Blog: I Failed the UFE! Now What? You can also get in touch through her web site at www.KaylaSwitzer.comFeel free to contact Kayla if you have any questions or just want to vent! 

When I first failed the UFE it was mind-numbing. Failing the UFE wasn’t something I could forget over the weekend. I couldn’t just continue on like it was no big deal. I was devastated. But as time went on it got a little better, and by Christmas I was starting to feel normal again. But I didn’t really know what to do. I had so many questions! And I know you probably do too, so I will tell you that there’s not much to do now but there are a few things. In fact there are deadlines for appealing and ordering your PAR so you should think about that right away.

I appealed my results. I don’t necessarily recommend you appeal. I paid the (high) cost of appealing and didn’t get a pass, which everyone will tell you is the most likely result. I still wanted to do it though, just to be sure, so that when I was studying I was 100% confident that I had failed. But if you do appeal most people will say you’re crazy because they will likely think you are just putting yourself through failing again – and you are. In the spring you will most likely get an email that says that they have reviewed your paper and that you failed. But I didn’t let this bother me and you shouldn’t either. Whatever your decision is it is just that. Your decision.

In fact, there are a several decisions you should be making right away and planning will feel good because you will feel in control of your UFE destiny. Here are a few things you should be doing right now:
  1. Determining whether or not to appeal. Make sure you have a good understanding of your transcript to make this decision. I explain the transcript in detail in my book but basically it comes down to where you failed. If you failed at Level One with sufficiency level of 1, you have the highest chance of passing on appeal… and your chance is about 1%, at the most. So the likelihood of passing is clearly low, and becomes pretty close to 0% chance of passing on appeal with a sufficiency rating greater than 1.
  2. Determining whether or not to order your PAR. I talk about the PAR a lot in my book as well and this is of course a personal choice as well, just as much as the appeal. But the PAR is confusing, so if you are going to order it make sure you have someone who can help you determine what it is actually saying because it’s not obvious when you see it. You can actually hire someone to review your PAR and make it more manageable for you to understand. The PAR is not helpful for a level 1 fail, but is quite helpful at a level 2 and 3 fail.
  3. Sign up for an experienced writer’s course (if that’s what you want.) I provide mentoring one-on-one if you are looking for an experienced mentor/marker.
  4. Remember: “They can because they think they can.” Virgil (Classical Roman Poet) So stay positive! You can do this!

Happy Holidays!

You failed the UFE. F**k!

Today we have a guest post from Kayla Switzer’s Blog: I Failed the UFE! Now What? You can also get in touch through her web site at www.KaylaSwitzer.com

You failed the UFE. F**k! By now it is probably settling in, but it doesn’t feel good. It feels horrible. You are devastated. Failing the UFE sucks!

I know as well as anyone how that feels. When I failed I felt like I would never be able to show my face at work again. I hated seeing people! Failing the UFE made my normally fun, upbeat self into a bedraggled poor-me self. It wasn’t pretty. But it does get better, I promise.

But right now you feel awful.

Remember that you are not alone. There are so many people who have failed the UFE before, so search them out and use them as a resource. If you’re anything like me your head is spinning with questions right now! Ask questions so you can put your mind at ease. I didn’t want to talk to anyone at this time though. I didn’t care if they had failed the UFE or not, I just didn’t want to talk about it. I wasn’t ready to talk until January, so if it takes you some time to feel ready that’s okay. Don’t rush yourself, there’s still lots of time.

And if email is better, feel free to shoot me an email. I’m always ready to answer questions. And sometimes it’s easier to ask over email, right? Email me through my website at www.KaylaSwitzer.com. I’m always available.

UFE results anxiety is making a come back

I’ve been talking to some friends who have written the 2012 UFE (they brought it up) and on here the traffic has picked up so it’s pretty obvious that with less than two weeks away people are starting to get nervous again.

I’ll take a little break for now from the UFE study guides (okay, I just don’t have the time at the moment..) and just remind everybody of some of the post-UFE posts we’ve had on here for the past few months in case some new to the blog want to read them.

You can read about what happened with your UFE response once you submitted your masterpiece. It’s a rigerous sounding process so your papers are in good hands over at the CICA. There was a long time that everybody thought they failed the UFE, it’s calmed down since but you were not alone. I wrote up some suggestions on dealing with UFE wait anxiety that you could also try applying for the next little bit. It’s still not too late to share your thoughts or opinions on UFE 2012 but most people I talk to seem to want to just wait it out, which is the norm. Finally, if you’re still not sure when or where to get your results then this post is for you (Hint: November 29 or 30th)

As promised, I’ll be around to offer my voice on any topics that I think are relevant and I’ll post something special on that magical day which we are all waiting for. Hang in there, it’s almost over.

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