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Questions and Answers
Which organization awards the Certified Fraud Examiner (CFE) credential?
When was the Certified Fraud Examiner (CFE) credential first awarded?
Who founded the Association of Certified Fraud Examiners (ACFE)?
What are the requirements to become a Certified Fraud Examiner (CFE)?
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What is the CFE Examination?
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Study Notes
Certified Fraud Examiner (CFE) Credential
- The Certified Fraud Examiner (CFE) credential is awarded by the Association of Certified Fraud Examiners (ACFE).
- The CFE credential was first awarded in 1987, marking the establishment of professional standards in fraud examination.
- The ACFE was founded by Dr. Joseph T. Wells, who aimed to provide a platform for professionals working in fraud detection and prevention.
Requirements for CFE Credential
- Candidates must possess a bachelor's degree from an accredited institution, ideally in a relevant field such as accounting, finance, or criminal justice.
- A minimum of two years of professional experience in fraud-related areas, such as auditing, financial analysis, or law enforcement, is required.
- Applicants must be members of the ACFE and adhere to the organization's Code of Ethics.
CFE Examination
- The CFE Examination tests candidates on four main areas: Fraudulent Financial Transactions, Fraud Schemes, Investigation Techniques, and Legal Elements of Fraud.
- The exam consists of 500 multiple-choice questions, which must be completed within a specific time frame to demonstrate proficiency.
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Description
Test your knowledge on becoming a Certified Fraud Examiner (CFE) with this quiz. Learn about the requirements and process to obtain this prestigious credential awarded by the Association of Certified Fraud Examiners (ACFE). Challenge yourself with questions about fraud examination and anti-fraud training.
