• About the CFE Exam Prep Course 

    About Prep CourseThe CFE Exam Prep Course is a computer self-study course produced by the ACFE and is intended to fully prepare CFE candidates to successfully pass the CFE Exam. The CD-ROM includes the complete Fraud Examiners Manual, the reference standard for the profession. The CFE Exam Prep Course is not required in order to take the exam but is highly recommended. If you would like to study on your own, review more details on the CFE Exam.

    Download the CFE Exam Prep Course Guidebook (PDF) for detailed information regarding the Prep Course

    Using the Prep Course Study Chart (PDF) is one resource in organizing, prioritizing, and succeeding your preparation for the CFE Exam.


    The CFE Exam Prep Course consists of 1,500 questions and is designed to prepare you for the content and format of the actual exam. This allows CFE candidates to learn the knowledge required to pass the exam while practicing in a true-life setting. The course also includes timed simulated practice exams.

    Important Information 

    To be eligible for the Money-Back Pass Guarantee, participants must complete all 1,500 practice questions. You will be required to answer each question at least once. In addition to this, a score of 85% is required on all four sections of the practice exam. 

    You must complete the Prep Course within one year from the purchase date in order to qualify for the Money-Back Pass Guarantee.

    You must take the CFE Exam within 90 days of completing the Prep Course. You will not be able to take the exam until your CFE Exam application is on file with the ACFE and your fees have been paid.

    If you purchase the CFE Exam Prep Course, you will receive $100 off the cost of the CFE Exam application fee.

    To receive acknowledgement for Prep Course completion, select Request Exam Activation Key within the course. Within 3-5 business days, your submission will be reviewed and you will receive a certificate of completion. In addition, if your completed CFE Exam application is on file you will receive your exam activation key by e-mail.

    You may download the CFE Exam Prep Course on up to two computers. When using two computers, you must keep one computer up to date at all times by using the export/import function. Instructions on the use of a second computer are located in Help Menu of your CFE Exam Prep Course under Exporting and Importing Your Progress File or in the CFE Exam Prep Course Guidebook (PDF).

    Using the CFE Exam Prep Course 

    The program will randomly serve up questions in each of the four sections. It will continue to serve up any questions you get wrong until you answer them correctly. You can go back and re-take sections as often as you like. We recommend taking each section until you are consistently scoring in the 85%-90% range.

    You may study and take the exam sections in any order you choose.

    The ACFE recommends you begin by taking the Pre-Assessment. This will help you identify your strongest and weakest sections. Start studying with the strongest of the four sections (the area in which you are most knowledgeable) and work up to your weakest area. This way, you are studying your weakest area closest to the exam.

    When you answer questions on the CFE Exam Prep Course, the program will give you a link on the CD-ROM to detailed information about the question. This information comes from the Fraud Examiners Manual and other professional resources.