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Last Updated: Sep 20, 2026
No. of Questions: 163 Questions & Answers with Testing Engine
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The CFE course is not only important for extrinsic reasons such as wage increases and promotional opportunities, but it is also important for intrinsic reasons. A professional with CFE feels more independent and this leads to a better feeling of accomplishment and purpose. In essence, this is a course that can have a positive impact on your happiness index and your health
Robert Half International identifies the CFE as “required … one of the most marketable credentials today” and AE Feldman, a leading executive research firm, says that “… CFE has become the point of reference for fraud.”
For example, the probability of promotional opportunities for security personnel (G4, Wells Fargo Limited, Bob Morgan Security Ltd among others) increases by 100%, for those with CFE compared to those who do not have a CFE. Auditors with CFE are 3 times more likely to get greener opportunities elsewhere. Law enforcement officers (police, CID) with CFE are 1.8 times more likely to be assigned to fact-finding missions or to be hired for private work.
Reference: http://www.acfe.com/details-of-exam.aspx
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Fraud Investigations and Legal Issues | 40% | - Report writing and documentation - Rules of evidence and rights of parties - Legal framework: criminal, civil, and administrative law - Investigation planning and evidence gathering - Interviewing and interrogation techniques |
| Topic 2: Fraud Prevention and Deterrence | 20% | - Corporate governance and ethics - ACFE Code of Professional Ethics - Designing and implementing prevention programs - Fraud risk assessment and management - Causes and theories of fraud and white-collar crime |
| Topic 3: Fraud Schemes and Financial Crimes | 40% | - Financial statement fraud - Basic accounting and auditing concepts - Asset misappropriation, corruption, and other occupational fraud - Internal control systems and fraud prevention - Types of fraud schemes and financial crimes |
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