In the wake of far-reaching scandals such as Enron and WorldCom, and sweeping legislation like the Sarbanes-Oxley act, there is a growing demand for individuals with fraud examination skills who can help organizations in the detection and deterrence of fraud.
Fraud examination professionals can follow many different career paths. Take a look at some examples of fraud examiner career profiles or learn more about becoming a CFE.
To succeed in this dynamic and competitive field, you need to master four fundamental areas of knowledge:
Fraud Prevention and Deterrence
• What motivates people to commit fraud?
• How can people be deterred from committing fraud?
• How is fraud committed?
• How can fraud be detected?
• How is information and evidence of fraud collected and documented?
Legal Elements of Fraud
• How does the law affect investigating and prosecuting fraud?
• What legal options exist to recover lost money?
In order to become a Certified Fraud Examiner (CFE), you must demonstrate competence in all four areas on the CFE Exam.