What is a CFE?

It is always better to investigate things instead of making excuses and prevent such things from happening again in future. This epitomizes that it is advisable to investigate fraud, allowing your business to uncover fraud sooner and avoid losses that can hamper your business and organization.

A professional CFE in South Africa is an individual with a range of skills that is not often found in any other career fields. CFEs have proficiency and expert knowledge of the financial transactions with an understanding of investigations and law to settle fraud claims.

No business or entity is completely safe from fraud and the damage that it can cause. Every other organization be it large corporation or small family owned business fraud is often inescapable, resulting in devastating outcome.

Taking the help and support of dedicated CFE in South Africa will enable you to protect you, your entity and strengthen your overall anti fraud efforts. The leading Certified Fraud Examiner services offer a range of digital forensic services at the most competitive rates.

CFEs are vital in today’s competitive business world. With the continuous advancement of technology continue to modify the way of operating of businesses the need for professional CFE has never been greater.

Many organizations all across the globe hire CFEs and depend upon them to protect the assets of the company and aid in prevention, detection and investigation of fraud. Today no sector is safe from financial, corruption and fraud.

Skilled and experienced CFE experts have proven expertise in fraud prevention, detection and obstruction. They are well trained to track and identity the warning signs and red flags that showcase the proof of the fraud and fraud risk.

The professional CFEs of South Africa perform a variety of services in many different industry verticals. In fact they are part accountant, part investigator; part attorney and part criminologist.

The kinds of services performed by CFEs vary based on the professional’s specific role and background. Services provided by the CFEs can include examination of fraud, analyzing data, transactions and financial statements, writing of reports, presenting investigations findings, reconstructing of accounts, conducting the background checks, recovering or locating hidden assets, testifying in court etc.

Professional CFEs of South Africa focuses on four bodies of knowledge critical to the fight against fraud – Financial transactions and fraud schemes, law, investigation and fraud prevention and deterrence.

Expert CFEs have an eagle eye and the ability to

·          Understand the manner the fraud is committed and how it can be tracked and identified.

·          Scrutinize and inspect the books and records to detect and trace fraudulent transactions

·          Interview the suspects to obtain confessions and information

·          Write the investigation reports, advise clients as to their findings, and testify at trail and

·          Understand the underlying factors that motivate people to indulge in fraudulent activities.

Professional CFEs have unique skill sets that are not found in any career field or discipline. The expert and well trained personnel combine the knowledge of complex financial transactions with an understanding of methods, law and how to resolve allegations of fraud.

It is imperative to take their help and support to not only uncover the fraud that took place but also to get warning signals about the probable fraudulent practices so that appropriate course of action can be taken in time.