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Prepare for the Exam
The CFE Exam is designed to test your knowledge of the four major disciplines that comprise the fraud examination body of knowledge:
Fraud Prevention & Deterrence — tests your understanding of why people commit fraud and ways to prevent it. Topics covered in this section include crime causation, white-collar crime, occupational fraud, fraud prevention, fraud risk assessment, and the ACFE Code of Professional Ethics.
Financial Transactions & Fraud Schemes — tests your comprehension of the types of fraudulent financial transactions incurred in accounting records. To pass Financial Transactions & Fraud Schemes, you will be required to demonstrate knowledge of the following concepts: basic accounting and auditing theory, fraud schemes, internal controls to deter fraud and other auditing and accounting matters.
Investigation — includes questions about interviewing, taking statements, obtaining information from public records, tracing illicit transactions, evaluating deception and report writing.
Law — ensures your familiarity with the many legal ramifications of conducting fraud examinations, including criminal and civil law, rules of evidence, rights of the accused and accuser and expert witness matters.
The ACFE strives to support you in your efforts to prepare for the exam. Choose from the various options that best fit your learning style:
Study on your own using the Fraud Examiners Manual and other additional reference materials. Approximately 90 percent of the CFE Exam's questions are derived from material contained in the Fraud Examiners Manual while the remainder is compiled from other study references.
Study with the CFE Exam Prep Course, available in US, Canadian and International editions. The CFE Exam Prep Course provides the most effective preparation tool for the CFE Exam, allowing you to study on your own time, at your own pace from your home or work computer. Featuring study questions and practice exams that simulate the actual CFE Exam experience, the CFE Exam Prep Course has been designed to prepare you to pass the rigorous CFE Exam. The Prep Course is available in an online, electronic download or CD-ROM format.
Attend the CFE Exam Review Course. This 3½-day, instructor-led course provides the essentials needed 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.
Get valuable tips and guidance from The CFE Exam Coach e-newsletter. This monthly e-newsletter provides study suggestions, answers to your questions and encouragement to help you complete the process. All CFE Exam Prep Course purchasers are automatically signed up to receive The CFE Exam Coach e-newsletter. View the Coach e-newsletter archive.
Participate in the CFE Exam/Prep Discussion Forum. ACFE members can take advantage of this discussion board to post questions online and receive feedback from other members and ACFE staff.
Contact the ACFE support staff. The ACFE staff is always happy to help with questions about the CFE Exam and the CFE Exam Prep Course. Contact the ACFE at (800) 245-3321 / +1 (512) 478-9000 between 7:30 a.m. – 6:00 p.m. CST or by email at Exam@ACFE.com.
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