CFE EXAM Coach Newsletter
June 2013

Dear John Smith,



The Michigan Attorney Grievance Commission and the Mississippi State Auditor’s Office recently both recognized the CFE credential for hiring and promotional purposes. They have plans to work toward having all current agents achieve this valuable credential. These two recognitions are part of the Association of Certified Fraud Examiner’s (ACFE) Law Enforcement and Government Partnership program. These agencies join the ranks of government agencies such as the FBI, the U.S. Postal Inspection Service, the Government Accountability Office, the Department of Defense, and the Criminal Investigations Division of the Internal Revenue Service.


Employers around the world know the value of the CFE credential and seek out the expertise that comes with it. Becoming a CFE provides you with a strong foundation for a variety of career choices by equipping you with the tools you need to excel in the fight against fraud. Become a CFE!

Join the ranks of your colleagues who have already earned the CFE credential.


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 - Get a feel for "what it's all about." Your brain can begin to round up any existing knowledge you have that will help you as you read. If you prefer to skim through the Fraud Examiners Manual prior to the CFE Exam Prep Course, first begin by looking in the table of contents, which contains each of the four study sections and the associated subsections. Then start by reading a paragraph or two or several pages in a sequence. If you use this approach and start to skim through each section, you might end up discovering that you aren't just skimming through the manual; you're simply reading it with understanding.

TIP #2 - What happens if I choose the wrong answer? After you choose an answer in a Prep Course section and click the Submit Answer button, the answer you chose, along with the correct answer, will be displayed in a bar in the middle of the screen. The bar will be green if you answered correctly or red if you answered incorrectly. A detailed explanation of the answer is printed immediately below the colored bar. Below the explanation is the name of the reference material from which the question was taken, along with the page number. 

TIP #3 - While answering questions in the CFE Exam Prep Course, you must select not only a correct answer, but the best answer. It is important that you read all of the options and not stop when you come upon one that seems likely to be correct.


ACFE Program Director Bruce Dorris, J.D., CFE, offers 

advice on how to handle questions in the CFE Exam Prep Course.

TIP #4 - Tell yourself that you can do it! Self-motivation is important. Reward yourself with positive thoughts when you complete a section. Think about your values and goals and decide if you are reaching them. Decide on your best learning process for the remaining sections. Believe that you can succeed, and you will. 

Upcoming CFE Exam Review Courses


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 Michael Saunders. Mr. Saunders shares his experience of how he prepared for the CFE Exam.

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



Did You Know?

Practice exams are designed to test your knowledge in each of the four sections and simulate the experience of taking the CFE Exam. Each practice exam contains 125 questions. Like the CFE Exam, the practice exams are timed and you are allotted 75 seconds to answer each question. You may go back and change an answer for a previously completed question as long as there is time left on the question timer.


Study Tips


The May 2013 CFE Frame Winner is Elise T.

The correct answer is C -Sounding board

Quiz question:
In cross-examination of an expert witness, the opposing counsel often will use the "Is it not true?" and "Would you agree with me?" approach. This technique of cross-examination is called:

A. Contradictory approach
B. Opposing sides theory
C. Sounding board
D. Hypothetical questions

*More chances to win a CFE Frame are coming soon in upcoming Coach Newsletters..

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: Hi, I purchased a downloadable Prep Course, but haven't been able to download it completely. I have been trying for the past few months from the end of November 2012. Is it possibe for me to replace this downloadable version with a CD version? I think it will be easier for me with the disk, as I really need to start preparing for the CFE exam as early as late last year.



Response: Dear Solomon, Thank you for your question. Since the electronic download version and the CD-Rom both require that you install the program to your computer, receiving the CD-Rom won't make a difference; the program would not run directly from the CD-Rom.

If you would prefer to receive the CD-ROM anyway, you may do so by calling us at +1 512-478-9000; you would just need to pay for shipping. Please note that the likelihood of you experiencing the same error when using the CD-ROM version is extremely high. So, we suggest that you work with us to try to resolve the issue you are receiving by sending me a screenshot of the issue as suggested in my reply to your previous forum post.

Also, if you are on a work computer, you could try installing it on a home computer; you would likely not have the same issue, as the root of the problem is probably due to the hightened security on a work computer.

Best regards,

Justin Dillon, CFE
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

Essentials of Online Payment Security and Fraud Prevention

ACFE Member Price: U.S. $35 Non-Member Price: U.S. $49

CFE EXAM Coach Newsletter
Fraud IQ Test

IQ #1 - Often, it is necessary to examine printers as well as computers for data because printers may contain internal _______________ that may contain information relevant to a fraud examination.


A. Cartridges
B. Network connections
C. Hard drives
D. Phone connections


IQ #2 - A detailed fraud prevention policy can give management legal grounds to investigate and punish violators.

A. True
B. False


IQ #3 - The commission formed in 1987 with the purpose of defining the responsibility of the auditor in preventing and detecting fraud is known as the:


A. Treadway Commission

B. Gephart Commission

C. Klass Commission
D. None of the above



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:


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


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 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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