The Certified Fraud Examiner (CFE) is a credential awarded by the Association of Certified Fraud Examiners (ACFE) since 1989.[1] The ACFE association is a provider of anti-fraud training and education. Founded in 1988 by Dr. Joseph T Wells. The ACFE established and administers the Certified Fraud Examiner (CFE) credential.[2]
To become a Certified Fraud Examiner (CFE), one must meet the following requirements:[3]
Generally, applicants for CFE certification must have a minimum of a bachelor's degree or equivalent from an institution of higher education. Two years of professional experience related to fraud can be substituted for each year of college.[4]
At the time of certification, at least two years of professional experience in a field either directly or indirectly related to the detection or deterrence of fraud is required. The ACFE recognizes the following areas as qualified professional experience:[4]
Other experience can qualify, but must be reviewed for applicability.
The ACFE will require references attesting to one's character before granting the certificate.[4]
Per the ACFE website, the code of ethics states that a Certified Fraud Examiner shall:[5]
The CFE Exam consists of 400 questions divided into four sections (100 questions each). Each exam section has a time limit of two hours with an optional five minute break. All four sections must be completed within a 60 days window.
The CFE Exam has the following four sections:[6]
