About
The Certified Fraud Examiner (CFE®) credential is a globally recognized certification designed for professionals dedicated to safeguarding organizations from the ever-evolving threat of fraud. CFEs are equipped with specialized skills in fraud prevention, detection, and investigation, helping organizations mitigate the damaging impacts of fraudulent activities.
Certification Body: Association of Certified Fraud Examiners (ACFE®)
Learning Objective
Upon completing the CFE course, participants will gain a comprehensive understanding of:
- Financial Transactions and Fraud Schemes
- Fraud Investigation Processes
- Laws Governing Fraud Investigations
- Strategies for Fraud Deterrence
Exam Information
- Exam Type: Closed-book and closed-notes
- Structure: Four sections
- Questions: 100 multiple-choice questions per section
- Time Limit: Two hours for each section
Recertification
To maintain CFE certification, professionals must recertify if their membership has been expired for three consecutive years or less. The recertification process includes:
- Application: Submission of a recertification application
- Fees: Payment of applicable recertification fees
- CPE Credits: Completion of 20 Continuing Professional Education (CPE) credits within the 12 months prior to application for reinstatement
Curriculum
- 4 Sections
- 45 Lessons
- 40 Hours
Expand all sectionsCollapse all sections
- Section 1: Financial Transactions and Fraud Schemes15
- 1.0Domain 1: Accounting Concepts
- 1.1Domain 2: Financial Statement Fraud
- 1.2Domain 3: Asset Misappropriation: Cash Receipts
- 1.3Domain 4: Asset Misappropriation: Fraudulent Disbursements
- 1.4Domain 5: Asset Misappropriation: Inventory and Other Assets
- 1.5Domain 6: Corruption
- 1.6Domain 7: Theft of Data and Intellectual Property
- 1.7Domain 8: Identity Theft
- 1.8Domain 9: Financial Institution Fraud
- 1.9Domain 10: Payment Fraud
- 1.10Domain 11: Insurance Fraud
- 1.11Domain 12: Health Care Fraud
- 1.12Domain 13: Consumer Fraud
- 1.13Domain 14: Cyber Fraud
- 1.14Domain 15: Contract and Procurement Fraud
- Section 2: Law11
- 2.0Domain 1: Overview of the Legal System
- 2.1Domain 2: The Law Related to Fraud
- 2.2Domain 3: Bankruptcy Fraud
- 2.3Domain 4: Securities Fraud
- 2.4Domain 5: Money Laundering
- 2.5Domain 6: Tax Fraud
- 2.6Domain 7: Individual Rights During Examinations
- 2.7Domain 8: The Criminal Justice System
- 2.8Domain 9: The Civil Justice System
- 2.9Domain 10: Basic Principles of Evidence
- 2.10Domain 11: Testifying
- Section 3: Investigation10
- 3.0Domain 1: Planning and Conducting a Fraud Examination
- 3.1Domain 2: Collecting Evidence
- 3.2Domain 3: Interview Theory and Application
- 3.3Domain 4: Interviewing Suspects and Signed Statements
- 3.4Domain 5: Covert Operations
- 3.5Domain 6: Sources of Information
- 3.6Domain 7: Data Analysis and Reporting Tools
- 3.7Domain 8: Digital Forensics
- 3.8Domain 9: Tracing Illicit Transactions
- 3.9Domain 10: Report Writing
- Section 4: Fraud Prevention and Deterrence9
- 4.0Domain 1: Understanding Criminal Behavior
- 4.1Domain 2: White-Collar Crime
- 4.2Domain 3: Corporate Governance
- 4.3Domain 4: Management’s Fraud-Related Responsibilities
- 4.4Domain 5: Auditors’ Fraud-Related Responsibilities
- 4.5Domain 6: Fraud Prevention Programs
- 4.6Domain 7: Fraud Risk Assessment
- 4.7Domain 8: Fraud Risk Management
- 4.8Domain 9: Ethics for Fraud Examiners
Requirements
- Experience: Minimum of two years in fraud management or a related field.
- Education: A relevant graduate degree.
Target audiences
- Fraud Examiners and Investigators
- Audit Executives