CFE EXAM Coach Newsletter
April 2013

Dear John Smith,

 

The Certified Fraud Examiner (CFE) credential is a mark of excellence for anyone working in the anti-fraud field today. CFEs are increasingly sought after by organizations seeking individuals with the skill set to prevent or detect fraudulent schemes against them or their clients. Obtaining the certification can be a challenge for busy professionals. So this year, at our 24th Annual ACFE Global Fraud Conference, we are offering a new session, “Knowing What You Don’t Know About the CFE Exam.” This session is designed to help you understand the details of the CFE Exam, navigate the CFE Exam Prep Course, and create a study plan that will allow you to earn the credential within a timeframe that fits into your life commitments.

Visit FraudConference.com for more information on educational sessions, keynote speakers, special events, and networking opportunities.

 

I am your resource to help you stay on track toward your CFE certification. Please feel free to contact me anytime.

 

 

CFE EXAM Coach Newsletter

Good luck,
CFE EXAM Coach NewsletterAngela R. Archie, CFE

CFE Exam Coach

 

Study Tips

TIP #1 - How can I study with a time budget in mind? Studying well in advance pays off at the end. Study every day, or as frequently as your schedule allows. You should study each section of the CFE Exam Prep Course with a time budget in mind.

 

First, ask yourself, how quickly do you want to complete the CFE Exam Prep Course? The key to passing the CFE Exam is managing the study materials or study time.

 

Choose from the options below to determine the formula that suits your needs.


30 Day Plan
60 Day Plan
90 Day Plan

TIP #2 - How can I identify my challenging areas? Checking your progress after each study session allows you to identify topics to review in more detail. If you have completed studying for the day, simply end that session of the Prep Course software. The session summary screen will automatically appear (if you have answered at least one question), giving your results for the current session. The screen will display the number of questions you attempted and the number you answered correctly, as well as a percentage.

TIP #3 - How can I recognize alternative approaches when answering different types of questions?

 



J
ohn D. Gill, J.D., CFE, Vice President – Education, offers advice on how to best answer True/False and Multiple Choice Questions on the CFE Exam Prep Course.


TIP #4 - Motivation. Make sure that you prepare well in advance before taking the CFE Exam so that you can focus all your energy on doing well. Follow up on the priorities you have set for yourself, and don't let others, or other interests, distract you from achieving your goal of becoming a CFE.

Upcoming CFE Exam Review Courses

 

Atlanta, GA
May 20 - 23, 2013

Los Angeles, CA
July 22 - 25, 2013

Chicago, IL
August 26 - 29, 2013

Washington, DC
September 9 - 12, 2013

New York, NY
October 7 - 10, 2013

Austin, TX
November 4 - 7, 2013

 

CFE Highlight

This month we highlight CFE Exam Review Course participant Erikka Perkins, CFE. Ms. Perkins shares her experience of how she prepared for the CFE Exam.

Congratulations to all members who became Certified Fraud Examiners in the last 60 days. More

 

Did You Know?

In order to pass the CFE Exam, you must score at least 75% correct on each section. Exam scores are only released when you have not achieved the 75% pass rate. This procedure ensures the integrity of the testing process. The ACFE Board of Regents oversees the CFE Exam process.

 

FAQ

Get answers to the most frequently asked questions about the CFE Exam Prep Course, including tips on installing the program, exporting files, and more.

 

CFE EXAM Coach Newsletter
Prep Forum

Visit the CFE Exam/Prep Discussion Group to exchange ideas about studying for the CFE Exam. Log in to reply or post your own question. Take a look at recent posts:

Topic: CFE Exam Review Course

Post: If I ordered the 2012 CFE Prep Course, but am just now getting around to taking the CFE in a few months time, is the 2012 edition still sufficient to prepare me for the exam? I would like to know if I need to purchase new materials.

Thanks,
Craig

Response: Dear Craig. Thank you for your question. The 2012 CFE Exam, US Edition that corresponds to the 2012 CFE Exam Prep Course, US Edition will be given through January 31, 2014.

If you have another version of the CFE Exam Prep Course, (International or Canadian) please let me know as the timeline will be different.

If you have any additional questions, please contact Member Services at +1 512-478-9000 or by email at memberservices@ACFE.com.

 

Best regards,

Justin Dillon, CFE
Lead Member Services Representative
Association of Certified Fraud Examiners

Submitting Your CFE Application

1. Fill out the certification application. You may also apply online by using the following link: Apply Online

2. Include proof of your education.

3. Include three CFE Candidate Recommendation Forms.

4. Submit application and documents to Membership Admissions at ACFE Headquarters.

5. Attach a passport-size photo of yourself to the application form.

Click here for more information about the application process.

Bookstore Feature

Executive Roadmap to Fraud Prevention and Internal Control, Second Edition

ACFE Member Price: U.S. $34 Non-Member Price: U.S. $45

CFE EXAM Coach Newsletter
Fraud IQ Test

IQ #1 - Which of the following is NOT considered a part of a proactive fraud policy?

 

A. Decreased use of analytical review
B. Fraud assessment questioning
C. Enforces mandatory vacations
D. Surprise audits

 

IQ #2 - Given all of the following fraud prevention methods within organizations, which one is probably the most effective?

 

A. Reducing rationalization
B. Having an open-door policy
C. Increasing the perception of detection
D. Screening employees

 

IQ #3 - Martin conducted a fraud examination that led to a valid confession of Rutledge, an embezzler. In Martin's report, he stated that, in his opinion, "Rutledge is guilty of embezzlement." Martin has just violated the Certified Fraud Examiner Code of Professional Ethics.

A. True
B. False

 

 

Online Courses

Now available in a convenient online format. Expand your anti-fraud knowledge with our comprehensive self-study CPE courses written by the ACFE Research Team and other anti-fraud experts.

These self-paced courses allow you the flexibility to study at anytime from anywhere you have Internet access.

Visit us online: ACFE.com/Shop

 

Contact The Coach

Ask questions or make suggestions. As your dedicated CFE Coach, I am available to answer all of your questions about the CFE Exam. You may send me an email or call me at (800) 245-3321 / +1 (512) 478-9000.

 

 

Member Resources

Local Chapters
ACFE chapters are organized by members who reside in a particular geographic region (i.e., a city or country) and share an interest in the detection and deterrence of fraud.

Study Tip Archives
Click Here to view videos of study tips from previous editions of the CFE Exam Coach Newsletter.

Share This Resource
Discover what your local chapter can do for you! Click here for a list of ACFE Chapters around the world.

CFE EXAM Coach Newsletter

The Association of Certified Fraud Examiners is the world's largest anti-fraud organization and premier provider of anti-fraud training and education. Together with more than 65,000 members, the ACFE is reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession.
Visit ACFE.com for more details.

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