ABOUT
The Certified Fraud Control Manager (CFCM) is an expert-level credential designed for professionals with a minimum of five years of experience in fraud prevention, detection, and investigation. As a designated leader in fraud risk management, you play a crucial role in safeguarding organizations from internal occupational fraud and abuse.
With financial fraud posing a significant threat to global businesses, compliance with international regulations such as Sarbanes-Oxley, BASEL II, CICA Instrument 52-109, and J-SOX has become a priority. The CFCM™ certification provides a structured, verifiable, and globally recognized credential that validates expertise, enhances occupational identity, and strengthens professional credibility.
LEARNING OBJECTIVES
Upon completion of this program, participants will:
- Develop a comprehensive understanding of occupational fraud risks and fraud control strategies.
- Master advanced techniques for preventing, detecting, and investigating internal fraud and corruption.
- Strengthen their ability to conduct fraud risk assessments and implement fraud mitigation frameworks.
- Attain international recognition and enhance professional credibility.
- Improve career prospects and earning potential through a globally respected certification.
EXAM INFORMATION
- Format: Multiple-choice questions
- Total Questions: 100
- Duration: 3 hours
ELIGIBILITY
- No prerequisites are required
TARGET AUDIENCE
The Certified Fraud Control Manager (CFCM™) is ideal for professionals responsible for managing fraud risks and regulatory compliance, including:
- Fraud Control Managers and Investigators
- Internal Auditors and Risk Managers
- Compliance and Corporate Governance Officers
- Financial Crime Investigators
- Security and Law Enforcement Professionals
- Senior Executives overseeing fraud risk management
CURRICULUM
The program covers essential and advanced fraud control concepts, providing a holistic approach to fraud prevention, detection, and investigation.
- Fraud Risk Management and Governance
- Understanding occupational fraud and abuse
- Key fraud risk types and mitigation strategies
- Developing and implementing fraud risk management frameworks
- Conducting Fraud Risk Assessments
- Identifying vulnerabilities and weaknesses in organizational controls
- Best practices for fraud risk evaluation and reporting
- Case studies on real-world fraud scenarios
- Fraud Prevention Strategies
- Implementing internal controls to minimize fraud risks
- Developing ethical corporate culture and fraud awareness programs
- Role of leadership in fraud prevention
- Fraud Detection Techniques
- Using data analytics and forensic accounting to uncover fraud
- Investigative tools and red flags of financial fraud
- Case studies in payroll fraud, procurement fraud, and asset misappropriation
- Advanced Fraud Investigation Techniques
- Conducting effective fraud investigations
- Gathering and preserving evidence for legal proceedings
- Interviewing and interrogation techniques for fraud cases
- Legal and Regulatory Compliance in Fraud Control
- Understanding international fraud-related laws and regulations
- Compliance with Sarbanes-Oxley, BASEL II, J-SOX, and other frameworks
- Best practices in corporate fraud governance
- Reporting and Recovering Fraud Losses
- Effective documentation and fraud reporting
- Recovering assets and pursuing legal action
- Ethical considerations in fraud risk management
