UFE stands for the Uniform Final Evaluation and it is the final exam that students must pass in order to obtain their CPA (formerly CA) designation.
The exam runs once per year in September, and if a person fails, they must wait a whole year to attempt it again. Not to scare you, but the exam lasts for 3 days: on the first day it is 5 hours, and on the second and third days it is 4 hours. In 2013, the exams are written on September 10th, 11th, and 12th.
It's a very stressful time for anyone who is writing.
If you'd like to read more about it, here's a good link:
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