CFE EXAM Coach Newsletter
October 2013

Dear John Smith,

 

The 2014 CFE Exam Review Course calendar is now available. The CFE Exam Review Course is a 3½-day, instructor-led learning event that will provide you with the essentials you need to pass the CFE Exam and become a Certified Fraud Examiner. This course, in combination with the CFE Exam Prep Course software, will provide you with an unbeatable combination for passing the exam.

Some people find success studying on their own, but many prefer face-to-face instruction. If you are best motivated in a live classroom environment that allows you to ask questions and bounce ideas off others, the CFE Exam Review Course may be just right for you. Participants have on-site access to coaching and counseling from ACFE instructors as well as the CFE Exam Coach. Contact me to learn more today!

 

CFE EXAM Coach Newsletter

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

CFE Exam Coach

Study Tips

 

TIP #1 - Preparing for the CFE Exam begins with a conscious decision to start studying. We recommend that you begin studying with your strongest area to develop a comfort level with the material and the Prep Course process. To begin a session, select one of the four main sections and begin answering the questions. After you choose an answer 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.

 

TIP #2 - Take advantage of the Money-Back Pass Guarantee. The ACFE's Money-Back Pass Guarantee assures that any applicant who prepares for the CFE Exam with the CFE Exam Prep Course and fails the Exam will be offered either free retakes of the Exam or a refund of the cost of the CFE Exam Prep Course if that person decides not to pursue the credential.

 

 

ACFE Vice President - Education, John D. Gill, J.D., CFE, offers advice on how to qualify for the Money-Back Pass Guarantee as you prepare for the CFE Exam.

 

TIP #3 - 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 an understanding.


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

Upcoming CFE Exam Review Courses

Austin, TXsold out
November 4 7, 2013

Miami, FL

January 27 – 30, 2014

Las Vegas, NV

February 24 – 27, 2014

Washington, DC

March 17 20, 2014

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 Joachim Klasson, CFE. Mr. Klasson shares his experience of how he prepared for the CFE Exam.

 

Study Tips

Did You Know?

If you have studied with the CFE Exam Prep Course, you already have the Exam that corresponds to your Prep Course installed on your computer. When you have completed your CFE Exam Prep Course, select Request Exam Activation Key within the course. We will send you the Exam Activation Key by email.

 

 

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: New Member Inquiry

Post: Hello everyone! I am really excited to be a part of such a well-rounded and highly accredited organization! I am sincerely looking to make the best of this prestigious opportunity, and I am hoping to receive some much needed feedback, if possible. I am genuinely intrigued with the art of detecting and preventing fraud, and I am hoping some of you could provide some much-needed assistance.

With that being said, I recently "just" became a member. I have two college degrees and hopefully, when the job market gets better in the Criminal Justice field (my career choice). I am looking to continue my graduate program at Seton Hall University to support the funding. Anyhow, my question is in regards to preparing for the CFE Exam. Would purchasing the "toolkit" be the ultimate way to prepare for the exam? Is the exam in itself difficult? I would also like to know how I can make the best of this experience just starting out. Any and all information would be much appreciated! Thanks, everyone!

Response: Thank you for your post. The CFE Exam Prep Toolkit is the most comprehensive self-study method, though the CFE Exam Prep Course by itself would fully prepare you to take and pass the CFE Exam.

We also offer a live CFE Exam Review Course that includes the CFE Exam Prep Course software but also has a 3½-day live course. For more information on the CFE Exam Review Course, please click the link below.

http://www.acfe.com//topic.aspx?id=2727

Best regards,

Justin Dillon, CFE
Member Services Assistant Manager
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

Criminal Financial Investigations: The Use of Forensic Accounting Techniques and Indirect Methods of Proof, Second Edition

 

ACFE Member Price: U.S. $89 Non-Member Price: U.S. $99

CFE EXAM Coach Newsletter
Fraud IQ Test

IQ #1 - Which of the following is the correct accounting model?

A. Assets = Liabilities – Owners’ Equity
B. Assets = Liabilities + Owners’ Equity

C. Assets + Liabilities = Owners’ Equity
D. None of these above

 

IQ #2 - A type of fraud scheme whereby an employee of a financial institution cashes stolen or counterfeit items for outside accomplices is most properly called:

 

A. Unauthorized withdrawals
B. Unauthorized disbursements

C. False accounting entries
D. Moving money from dormant accounts

 

IQ #3 - Fraud in financial statements generally takes the form of overstated assets or revenue and understated liabilities or expenses.

 

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

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.

 

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

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 nearly 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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