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Stand out from your peers
The CFE title is recognized in the hiring and promotion policies of the main organizations. A CFE certification is a source of bragging rights for professionals working in environments that require knowledge of fraud exams. Demonstrate self-awareness, conscious and thoughtful acquisition of relevant skills by a professional.
Introduction to ACFE CFE Certification Exam
The accounting profession requires workers to become students throughout their lives, keeping up to date with the latest laws and regulations governing their field. For this reason, many accountants specialize in a sub-area, such as fraud. Fraud costs companies billions of dollars every year, and as criminals get smarter, companies must do it too. To prevent and detect fraud, companies turn to industry experts called Certified Fraud Examiners (CFE).
In the late 1980s, the Association of Certified Fraud Examiners (ACFE) launched the CFE certification. Since then, fraud examiners around the world have obtained this certification to learn about the best fraud prevention practices and advance their careers. CFEs have specialist accounting skills and a deep understanding of how criminals attempt to defraud businesses.
This article explains what a CFE is and how to become a certified fraud examiner. At the end of the article, you can read an interview with a practicing CFE.
Reference: http://www.acfe.com/details-of-exam.aspx
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ACFE CFE Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Fraud Prevention and Deterrence | 25% | - Fraud Awareness Training - Whistleblower Programs - Fraud Prevention Programs - Corporate Governance - Internal Controls - Fraud Risk Assessment |
| Investigation | 25% | - Digital Forensics Basics - Evidence Collection and Documentation - Data Analysis and Forensic Accounting - Report Writing - Interviewing and Interrogation Techniques - Tracing Illicit Transactions |
| Financial Transactions and Fraud Schemes | 25% | - Corruption Schemes (bribery, kickbacks, conflicts of interest) - Fraudulent Financial Transactions - Asset Misappropriation - Financial Statement Fraud - Fraud Schemes (billing, expense reimbursement, check tampering, etc.) - Accounting and Financial Concepts |
| Law | 25% | - Civil Law - Racketeer Influenced and Corrupt Organizations Act (RICO) - Evidence and Rules of Evidence - Rights of the Accused - Legal Pitfalls for Fraud Examiners - Criminal Law |






