CFE EXAM Coach Newsletter
March 2014

 

Dear John Smith,

As the fraud examination profession continues to gain momentum worldwide, pursuing the CFE credential is now more beneficial to your career than ever before. If you are currently on the path to certification, you probably have many questions. How does the certification process work? What do I need to do? How do I carve time out of my busy schedule to study? This monthly newsletter addresses your questions and concerns, while providing you with helpful tips, insight, and examples.

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 - 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. How should I do that?

 

1. Start studying soon after you purchase the course.

2. Develop and follow a plan for getting yourself through this volume of material, starting (if possible) with the section you are most familiar with.

3. At the beginning of each study period, do a 10-minute review of the previous period's material.

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 - Take notes. Mark your challenging questions and take notes. This allows you to go back and review those questions at any time. When you are ready to review your marked questions, please note that the program will only present those questions you have previously marked within the selected main section.

ACFE Program Director Bruce Dorris, J.D., CFE, CPA, CVA, offers advice on how to handle questions that may be challenging to you on the CFE Exam Prep Course.

Stay focused. This is the key to a good understanding. If you are studying at home, choose an area that will serve as your study headquarters. Make sure you have good lighting, minimal distractions, and enough room to be comfortable. Disconnect your home phone, turn off your cell phone, and do whatever you can to stay focused on your studies.

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

Upcoming CFE Exam Review Courses

Phoenix, AZ

April 28 – May 1, 2014

New York, NY

July 14 17, 2014

Chicago, IL

August 18 21, 2014

Washington, DC

September 2225, 2014

Nashville, TN

October 27 30, 2014

 

Austin, TX
November 3 6, 2014

 

CFE Highlight

This month we highlight CFE Exam Review Course participant Roald Camphuijsen, CFE. Mr. Camphuijsen shares his experience of how he prepared for the CFE Exam.

 

Study Tips

Did You Know?

ACFE Members can receive a 10% discount off any ACFE training event by enrolling in the Auto Dues Service. With this service you will be able to save time and set up your membership dues to be paid automatically. Call Member Services for more information: (800) 245-3321 or +1 (512) 478-9000.
Sign up today and save!.

 

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: Time Required for Grading Examination

Post: Hi, Kindly let me know, how long it takes to grade the exams. Is the process is automated or does it does it require final approval from the Examination Department.?

Response:  Dear Kapadia,

Thank you for your question. Normal turnaround time is 3-5 business days.

If you have any additional question, please contact us by email at memberservices@ACFE.com or by phone at +1 512-478-9000 or 800-245-3321.

Best regards,

Justin Dillon, CFE

Member Services Assistant Manager

 

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 Candidate Recommendation Forms.

4. Submit application and documents to the Certification Department at ACFE Headquarters.

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

Click here for more information about the application process.

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.

CFE EXAM Coach Newsletter
Fraud IQ Test

IQ #1 - According to the joint IIA, AICPA, and ACFE publication Managing the Business Risk of Fraud: A Practical Guide, who has responsibility for dealing with fraud risk?

A. Personnel at all levels of the organization
B. Internal audit

C. Executive management
D. The board of directors

 

IQ #2 - Theft of competitor trade secrets, anti-competitive practices, environmental violations, and trade and customs regulations in areas of import and export are all fraud risks pertaining to:


A. Reputation risk
B. Fraudulent financial reporting

C. Asset misappropriation
D. Regulatory and legal misconduct

 

IQ #3 - Fraud risk assessment frameworks are valuable because they have been developed to be applied as-is within any organization.

 

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

Bookstore Feature

Enterprise Risk Management Best Practices: From Assessment to Ongoing Compliance

ACFE Member Price: US $44 Non-Member Price: US $60

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 previous editions of the CFE Exam Coach Newsletter.

Valuable Resources

Search ACFE's online resource for fraud articles and information. Click here.

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 70,000 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.

The CFE Exam Coach Newsletter is published once a month by the Association of Certified Fraud Examiners. Click here to be removed from the ACFE's CFE Exam Coach mailing list. Please allow five business days for unsubscribe requests to be processed. To begin receiving your own copy of the CFE Exam Coach Newsletter, please click here to subscribe..

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