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ACFE CFE Certification Path
On the ACFE's You have to completely fill the CFE Exam application form online website for taking the exam. The Certified Fraud examiner exam application online comprises four sections, namely qualifications, experience and character, signature statement and payment respectively. You are also required to submit supporting documents along with it to the certification portal on ACFE's website. These supporting documents include your photo, proofs of education, proofs of experience and professional recommendations. Once this application is completed, it will take around 3-5 working days to review it and will be notified via email.
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How to Prepare For ACFE CFE Certification Exam
Preparation Guide for ACFE CFE Certification Exam
ACFE CFE Certification: Tips to survive if you don't have time to read all the page
A certified fraud examiner (CFE) is an authority in the professional anti-fraud world. He stands out as a professional in the prevention, deterrence, and investigation of fraudulent practices. CFEs have skills that no other professional in the anti-fraud community can boast of. They combine complex accounting operations with a thorough understanding of legal issues, investigative skills and how to further discourage and prevent fraud. Therefore, these are the main criteria used by ACFE. ACFE provides the training and education necessary for an individual to become a certified fraud examiner.
The aim of these training courses and exams is to provide the CFE with the initial skills to detect signs of fraud, defend the global economy by discovering fraudulent practices and devise methods to avoid fraud. No organization in the world, regardless of its size, is safe from fraudulent practices. These workplace frauds are universal and destructive in nature.
According to a study conducted by the Report to Nations in 2016, small organizations tend to suffer extremely high losses compared to large organizations because they employ fewer anti-fraud professionals, which makes them vulnerable to the risks of fraud. Indeed, it is estimated that around 5% of the revenue lost due to fraud per year is due to fraud and work-related abuse.
Reference: http://www.acfe.com/details-of-exam.aspx
ACFE CFE Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Fraud Prevention and Deterrence | 20% | - Designing and implementing prevention programs - Causes and theories of fraud and white-collar crime - Fraud risk assessment and management - ACFE Code of Professional Ethics - Corporate governance and ethics |
| Topic 2: Fraud Investigations and Legal Issues | 40% | - Investigation planning and evidence gathering - Report writing and documentation - Rules of evidence and rights of parties - Legal framework: criminal, civil, and administrative law - Interviewing and interrogation techniques |
| Topic 3: Fraud Schemes and Financial Crimes | 40% | - Basic accounting and auditing concepts - Asset misappropriation, corruption, and other occupational fraud - Internal control systems and fraud prevention - Types of fraud schemes and financial crimes - Financial statement fraud |



