(Posted May 2026)
You’ve completed Core 1, Core 2, and both Elective modules. At this stage, many candidates wonder what to expect from Capstone 2 and often ask the same question:
“Is Capstone 2 just another technical module?”
The short answer is no.
Capstone 2 is not a technical module. It is the final case-writing module before the CFE. There is no new technical syllabus, no eBook chapters, no unit quizzes, and no integrated problems. The module does not provide any new technical resources. Its purpose is to help you apply the technical knowledge you already have through repeated, timed practice using actual past CFE cases.
What Capstone 2 Includes
Capstone 2 has two main parts.
First, you will complete a 2-day intensive workshop. This interactive session allows you to work through targeted case exercises with a facilitator and your peers. The focus is on exam strategy, time management, integration of competencies, balancing depth and breadth, and developing professional judgment.
Second, following the workshop, you move into independent practice. You are expected to write several complete, timed past CFE cases and submit them for feedback from the National Marking Centre. You will receive marker comments on your responses and use that feedback to refine your approach.
You are evaluated on a simple pass/fail basis for Capstone 2, based on the quality of your submitted cases and your participation in the workshop. The module does not introduce new content or test technical recall in isolation.
Why Finishing Technical Review Before Capstone 2 is Important
A common mistake is arriving at Capstone 2 still trying to catch up on technical topics. Some candidates spend valuable time reviewing old notes or using case debriefs to learn rules they had not fully mastered in earlier modules.
Capstone 2 is designed for application of existing knowledge, not learning new knowledge from scratch. If you are still working through technical concepts while writing cases, you will have less time to focus on case-writing skills such as structure, integration, and time management. As a result, you may reach the CFE with solid technical knowledge but lack case-writing skills.
Candidates who benefit most from Capstone 2 are those who enter their technical foundation already in place. This allows them to concentrate on applying their knowledge effectively under exam conditions and improving their case-writing skills.
How to Make the Most of Capstone 2
To get the most value from the module, approach it as it was designed:
Complete all technical review before Capstone 2 begins. Use your Scenario Flowcharts Workbook if you are taking one of our CFE Prep courses to refresh the most commonly tested topics across the six technical competency areas.
Engage fully in the workshop. Participate actively, complete the exercises, and ask questions.
After the workshop, create a realistic schedule that includes writing, marking, and debriefing cases every week. Practicing under timed, exam-like conditions is one of the most effective ways to improve your time management (see our Writing Tips: Time Management blog post).
Consistency matters more than volume. Working with a study partner can be very helpful here for marking each other’s cases and providing an extra perspective (see our blog post on why a study partner makes sense).
Debrief each case thoroughly — first on your own using the marking keys and solutions, then with the detailed marker feedback. Focus on understanding the reasons for not scoring C and what you are going to do about it on the next case. For more on how to debrief effectively with a growth mindset, check out our debriefing blog.
By completing your technical review ahead of time, you can dedicate the full module to developing the case-writing skills that matter for the CFE.
The Bottom Line
Capstone 2 is the final preparation step before the CFE. Arrive with your technical knowledge already solid so you can focus entirely on applying what you have studied to specific case scenarios and fine-tuning your case writing skills to demonstrate competence the way the board of examiners expects.
You’ve already completed the heavy technical work. Now use Capstone 2 for what it was built for — turning that knowledge into exam-ready case-writing skills.