Are you looking for quick revision for Certified Fraud Examiner? You are looking for quick revision for Certified Fraud Examiner (CFE)? It also gives you a quick overview of all the important sections. Before we get into the revision strategy, let’s take a look at the exam.
What is Certified Fraud Examiner Exam (CFE)?
The Association of Certified Fraud Examiners is responsible for the certification of Certified Fraud Examiners. This is the largest anti-fraud organization in the world, with headquarters in Austin, Texas. A Certified Fraud Examiner is a license that is available to fraud examiners. CFEs must undergo CPE (continuing professional education) every two years, just like CPAs. The ACFE also recognizes the following areas of qualified professional experience as CFE:
First, Accounting and Auditing
Secondly, sociology and criminology (sociology is only acceptable if it concerns fraud).
Third, Fraud investigation
Also, loss prevention (experience as security guards or equivalent is not acceptable).
Then, Law relating fraud
Final note: Other experiences may be eligible, but must still be evaluated for their applicability.
CFE Exam Requirements
To sit for the exam, you must meet the following eligibility criteria
Candidates for the CFE certification exam need to have at least a bachelor’s degree from an institution of higher learning. Candidates must have at least two years of relevant experience in fraud. This experience can be substituted for each college year.
They must also have at least two years’ experience in a field directly or indirectly related with the detection or prevention of fraud at certification.
CFE Code of Ethics
The code of ethics states that a Certified Fraud Examiner must (CFE).
Demonstrate professionalism and diligence in the performance of his/her duties.
We have no interest in any illegal, unethical or conflict of interest behavior.
You must be honest in all aspects of professional assignments. Assignments that are reasonable will not be completed without professional competence will be given to you only.
Respecting the lawful management of courts and claiming to matters truthfully, without preference or prejudice
To establish a reasonable basis for an opinion, you will need to obtain additional documentation or evidence.
Without proper authorization, do not divulge any private information.
Identify all relevant material elements that were identified during an examination.
They strive to improve the quality and effectiveness of professional services they provide.
Certified Fraud Examiner (CFE) Cheat Sheet
Earning certifications can help you earn a higher salary than the market average, and allow you to be eligible for new opportunities and responsibilities. To pass the exam, you must be consistent in your preparations. This cheat sheet will help you to find the right CFE study material, resources, as well as the right strategy. This cheat sheet is your best tool for revising before the exam.
Exam Objectives
The objectives are the most important part of any exam, such as the Certified Fraud Examiner exam (CFE). It is essential to have a clear understanding of the exam course. These course objectives will help you plan for your exam and improve your preparations. To learn more about exam policies and concepts, visit the Official Exam Guide. These are the CFE sections:
First – Fraud schemes and financial transactions
It measures the candidate’s ability to comprehend the various fraudulent financial activities that were committed in ac