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Cfe- certified fraud examiner

Author: Usaimah Manaal
by Usaimah Manaal
Posted: Apr 11, 2015

What is the CFE?

Certified fraud examiner or CFE PDF is a designation which has been created for combating and eliminating fraud in business transactions. The Association of Certified Fraud Examiners (ACFE) is a highly renowned body of certified fraud examiners across the globe. Over the years, the organization has provided its members with tools, training and technique of professional financial education and it has geared towards helping its members in various manners.

Important Exam Pointers for CFE

The exam code for the certified fraud examiner program is CFE. The Association of Fraud examiners was founded in 1988 and is comprised of more than 25,000 members and has links and professional associations around the world. The organization has mutual alliances with other anti-fraud and governance. The organization does allow the prestigious designation of CFE Certified Fraud Examiner (CFE).

Taking the CFE Exam

The CFE Study Kits takes almost 10 hours for completion. Each and every section has been allocated with approximately 2.5 hours for completion. The 4 exam sections are comprised of 125 exam questions each and students are allowed 75 seconds to answer a question. The applicant has 30 days for completing the CFE exam’s 4 sections and for the final grade the exam can be submitted to the ACFE. Each section must be completed in one sitting. However, one does not have to complete all the four sections instantly

Areas tested

The CFE Exams thoroughly evaluates the understanding of the reason why individuals in the business organizations are inclined to commit fraud and what are the ways to prevent it. Topics which are covered for the CFE Preparation of this exam include white-collar crimes, fraud elimination, fraud risk evaluation and code of ethics of the ACFE.

Apart from that, the exam questions tests the comprehension of various types of fraudulent and fatal business transactions which may be incurred for the purpose of maintaining business records. To understand the nature of these financial transactions, the individual will be for demonstrating and analyzing sufficient knowledge of accounting, auditing, internal controls and other financial and management accounting matters. A crucial part of this exam is investigation and this includes preparing questions regarding interviews, statements, obtaining certain information for private and public data, analyzing deception and preparing business report writing. Legal knowledge related to fraud ensures the information regarding several legal persecutions related to conducting of fraud evaluation which includes corporate and criminal law, rules of evidence, rights of the accused and accuser and expert witness matters.

CFE Examination Preparation

The ACFE has produced a computer based CFE Self-Study Course known as CFE Exam Prep Course. The materials are available in the USA and other countries.

The has been designed for preparing potential users for the exam content and also for the exam itself. The CFE Study Material prep course comes along with a Money-Back Pass Guarantee for potential students.

Exam questions and answers can be easily prepared through the study material which is provided by the official website in CFE PDF and the party vendors via exam CFE Training Kit. All of this material are also available on third party websites in either PDF or word format. There are other ways can practice exams and one of them is solving sample exam questions and pilot papers.

CertifyGuide is your one-Stop Solution for all Your IT Certification Study Material regarding Cfe Preparation Guides and Certified-Fraud-Examiner Practice Test.

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Author: Usaimah Manaal

Usaimah Manaal

Member since: Feb 25, 2015
Published articles: 102

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