CFE is not a difficult course to study or even pass if you follow the given below tips. This purely based on the people’s experiences and opinion that CFE is definitely a good credential to have if you are involved in Risk Management professional like an auditor, compliance officer, risk manager.

75%

four sections

Demonstrate your knowledge and expertise? The cost is $399, a significant savings off the regular price. The year of membership included in the package will be effective once the exam is passed. To place your order call the ACFE at (800) 245-3321 or +1 (512) 478-9000 or email [email protected]

Because of this, becoming a Certified Fraud Examiner (CFE) can make you a valuable addition to any company. In fact, according to the Association of Certified Fraud Examiners, companies that employ CFEs uncover fraud 50 percent sooner.

In terms of difficulty, the CFE exam is is a cakewalk compared to the CPA exam. Just a few points: You need 2 years of relevant experience to become a CFE vs 1 year in most states for CPA. CPA is more highly valued than any other designation in the field is nearly every area of work.

Careers Available with CFE Training

• Audit consultant.
• Compliance officer.
• External or internal auditor.
• Financial analyst.
• Forensic accountant.
• Fraud analyst.
• Private investigator.
• Risk manager.

To maintain your CFE Credential, you are required to earn at least 20 hours of Continuing Professional Education (CPE) every 12-month period. If your membership expires you are not allowed to use the CFE credential.

To pass the CFE Exam in 60 days, you’ll need to study 8-10 hours per week. That might seem intimidating, but if you pick a study time and location, it will be much easier to study consistently.

Are you eligible to be certified? Your eligibility to become CFE certified is based upon a point system, which awards credits for education and experience. The admission requirements are: Minimum of a Bachelor’s degree (or equivalent)

As a Review Course participant, if you fail a section, you may retake the section onsite using the written exam if time is available, or you may take the exam on your computer when it is convenient. There are free retakes for review course participants who take the exam within 90 days of completing the course.

You may attempt the CFE three times. A student will be deregistered after their third unsuccessful attempt at the CFE.

The CFE credential can be obtained online. The exam itself is computer-based, designed to test candidates in four (4) areas: (1) Financial Transactions and Fraud Schemes, (2) Law, (3) Investigation, and (4) Fraud Prevention and Deterrence. Overall, the exam consists of 500 multiple choice questions.

What is the exam format of CFE exam? The Certified Fraud Examiner consists of multiple choice questions.