Let's know about Certified Fraud Examiner and how to become a CFE

Fraud Examiners are employed to examine frauds in companies and Businesses. The CFE ( certified Fraud Examiner) equips you with knowledge and skills that are hardly found in any other profession. These experts impart knowledge of financial transactions as well as investigate techniques and resolve the fraud allegations. You can pass the CFE South Africa exam by attending ACFE accredited 5 day certified fraud examiner course. 

Let's know about the Certified Fraud Examiner (CFE)!

The ACFE, the largest anti-fraud organization in the world, is reducing Business fraud across the globe and inspiring people's confidence in the integrity as well as objectivity within the work.

People who are certified fraud examiners have a unique set of skills which is hardly found in any other profession. These professionals combine knowledge of financial transactions with a clear understanding of methods, rules and laws plus how to resolve allegations of fraud. They are well trained to understand how fraud occurs and why.

 

The credential of the CFE is recognized in the hiring as well as promotion policies of many organizations worldwide.  They earn 23 percent more than. Their non certified friends, according to the compensation guide for anti fraud professionals.

Become a certified fraud examiner

To become a certified fraud examiner, you have to pass the CFE exam by attending the CFE course. This instructor-led course will help students master the concepts tested at the certified fraud examiner exam such as legal aspects related to fraud, investigating fraud, fraud prevention and fraud schemes, financial transactions and fraud deterrence.

What are the key benefits of attending a CFE course: IMF ( international management forum) is the provider of CFE courses and you need to participate in this CFE course.

The certified fraud examiner credential denotes proven expertise in fraud prevention and detection and deterrence. The CFE professionals are well trained to identify the red signs and flags that indicate evidence of fraud and it's risk. Certified  fraud examiners across the world help protect the global economy simply by uncovering fraud as well as implementing processes to prevent it from happening.

How to prepare yourself for the CFE exam?

You must get guidance from experienced ACFE authorized instructors, meet other students preparing for the certified fraud examiner exam and participate in open discussions on many different topics in fraud identification and prevention.

How to become a certified fraud examiner?

CFE's or certified fraud examiners have a unique set of skills that you can not found in any other career field. These professionals combine knowledge of complex financial transactions with an understanding of law, methods and how to resolve allegations of fraud. They are trained to understand how and why Fraud occurs. The CFE South Africa credential is recognized in the employing and promotion policies of many leading companies and organizations across the world. CFE's earn 23 to 25 percent more than their non certified colleagues.

Let's know what a certified fraud examiner does?

The education of CFE includes imparting a company grip over forensic methodology, rich knowledge of complex financial transactions and law. They are trained in understanding why and how a company fraud occurs alongside the best solutions on how to rectify allegations of fraudulent activities.

How can you become a certified fraud examiner?

·         You must meet all the needs mentioned below so as to be a certified fraud examiner.

·         You must meet the minimum professional as well as academic needs.

·         Be an associate fraud examiners in good eastern

·         Must have agreed to comply with the ACFE code of professional ethics.

·         Be a person of high and strong moral character

·         Now pass the examination

A complete CFE exam application with documentation is needed to take the exam. The exam application fee is $450.

What are the professional requirements of becoming a CFE?

You must need a minimum of two years of specialized experience in any field that related to the deterrence and detection of fraud (directly and indirectly). The association of certified fraud examiners identifies some of the areas mentioned below as competent experiences.

·         Auditing & accounting

·         Laws that relate to fraud

·         Loss prevention

·         Fraud investigations

·         Sociology and criminology

·         Other professional work experience can qualify, but it is reviewed first.

How many questions will be asked in the CFE exam?

The CFE exam comprises 500 questions divided into four sections. 1) financial transactions and fraud schemes, 2) law, 3) investigation and 4) fraud prevention and deterrence.

It is good if you decide when you are planning to take an exam such as within 1 month, 3 months or a year before attempting the exam. If you are planning to give the exam within in a month, then pay your exam fee and submit your documents before 1 month as ACFE will take some time to review your submitted documents. You have to pay $400 for an exam and have to pay $300 if have already purchased a prep course.