ACFE CFE Certified Professional Salary
The average Salary of a Certified Fraud Examiners Salary in
- Europe: 81,718 Euro
- United States: 91,000 USD
- India: 1,00,000 to 6,00,000 INR
Reference: http://www.acfe.com/details-of-exam.aspx
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How to Prepare For ACFE CFE Certification Exam
Preparation Guide for ACFE CFE Certification Exam
ACFE CFE Certification: Tips to survive if you don't have time to read all the page
A certified fraud examiner (CFE) is an authority in the professional anti-fraud world. He stands out as a professional in the prevention, deterrence, and investigation of fraudulent practices. CFEs have skills that no other professional in the anti-fraud community can boast of. They combine complex accounting operations with a thorough understanding of legal issues, investigative skills and how to further discourage and prevent fraud. Therefore, these are the main criteria used by ACFE. ACFE provides the training and education necessary for an individual to become a certified fraud examiner.
The aim of these training courses and exams is to provide the CFE with the initial skills to detect signs of fraud, defend the global economy by discovering fraudulent practices and devise methods to avoid fraud. No organization in the world, regardless of its size, is safe from fraudulent practices. These workplace frauds are universal and destructive in nature.
According to a study conducted by the Report to Nations in 2016, small organizations tend to suffer extremely high losses compared to large organizations because they employ fewer anti-fraud professionals, which makes them vulnerable to the risks of fraud. Indeed, it is estimated that around 5% of the revenue lost due to fraud per year is due to fraud and work-related abuse.
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ACFE CFE Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Fraud Schemes and Financial Crimes | 40% | - Asset misappropriation, corruption, and other occupational fraud - Financial statement fraud - Types of fraud schemes and financial crimes - Internal control systems and fraud prevention - Basic accounting and auditing concepts |
| Topic 2: Fraud Investigations and Legal Issues | 40% | - Report writing and documentation - Investigation planning and evidence gathering - Legal framework: criminal, civil, and administrative law - Interviewing and interrogation techniques - Rules of evidence and rights of parties |
| Topic 3: Fraud Prevention and Deterrence | 20% | - Fraud risk assessment and management - Causes and theories of fraud and white-collar crime - Corporate governance and ethics - Designing and implementing prevention programs - ACFE Code of Professional Ethics |
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