CFE EXAM Coach Newsletter

Congratulations to all members who became Certified Fraud Examiners in the last 60 days.
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As an ACFE member, you receive valuable benefits that help to promote your professional and career development.
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Get answers to the most frequently asked questions about the CFE Exam Prep Course, including tips on installing the program, exporting files and more.

Discover what your local Chapter can do for you! Click here for a list of ACFE Chapters around the world.

    January 2013

Dear (FLD1),


As the fraud examination profession continues to gain momentum worldwide, pursuing the CFE credential is more beneficial to your career than ever before. If you are currently on the path to certification, you probably have many questions. How does the certification process work? What do I need to do? How do I carve time out of my busy schedule to study? This monthly newsletter addresses your questions and concerns, while providing you with helpful tips, insight and examples.


Make a New Year's resolution to earn your CFE credential as soon as possible, by taking steps to do so, such as completing the CFE Exam Prep Course, enrolling in a CFE Exam Review Course, or taking the CFE Exam.


Join the ranks of your colleagues who have already earned the CFE credential. The ACFE is here to help you along the way. Please feel free to contact me at any time.



CFE EXAM Coach Newsletter

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

CFE Exam Coach


Study Tips


TIP #1 - How do I begin studying with the CFE Exam Prep Course?

First, we recommend you begin the Prep Course by answering all questions in the database correctly at least once. If you incorrectly answer a question, it will return to the question pool and you will be asked it again at a future time.

TIP #2 - Is it true or is it false?

If any part of the question is false, then the entire statement is false. However, if part of a statement is true, the entire statement is not necessarily true. Read through each statement carefully and pay attention to the qualifiers and keywords.

  • Qualifiers like never, always, and every mean that the statement must be true all of the time. Usually these qualifiers lead to a false answer.
  • Qualifiers like usually, sometimes, and generally mean that the statement can be considered true or false depending on the circumstances. Usually these qualifiers lead to an answer of true.

Study Video



ACFE Program Director, Bruce Dorris, offers advice on how to take an active role in studying. The questions on the CFE Exam Prep Course mirror the format of the CFE Exam itself.

TIP #3 - You should guess when you are not sure. Why? Because if there are four answer options, you have a one-in-four chance of getting that question right. If you have ruled out one or two options as wrong, your chances are even higher. But if you do not guess, you have no chance at all. If you guess five times, you might get one or two more right.

TIP #4 - Motivation. Make sure that you prepare well in advance before taking the CFE Exam so that you can focus all your energy on doing well. Follow up on the priorities you have set for yourself, and don't let others, or other interests, distract you from achieving your goal to become a CFE




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

Upcoming Courses


Houston, TX
February 25 - 28, 2013

Washington, DC
March 25 - 28, 2013

Atlanta, GA
May 20 - 23, 2013

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 Dixie Paletta, CFE. Ms. Paletta shares her experience on how she prepared for the CFE Exam.

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:  Differences between the US Edition and International Edition of the Fraud Examiners Manual.

Post #1 -Dear Sirs. Please provide me information about the differences between the US Edition and International Edition of the Fraud Examiners Manual.

I´m from Peru and I´m very interested on get the CFE certification, but i don´t know which is the best option for myself study.


Thank you Dear William Morgan Ruales,


Response #1 -Thank you for your question. Unless you plan on only working in the United States, you should choose the International Version. The main differences are in regards to the law section. The US Version will only focus on US laws, the International version will focus on legal concepts that are applicable around the world.

If you have any additional questions, please contact Member Services at 800-245-3321. 


Best regards,


Justin Dillon, CFE

Lead Member Services Representative

Association of Certified Fraud Examiners


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.


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.

CFE EXAM Coach Newsletter
Fraud IQ Test

IQ #1 - ________ are digital files created under the computer user's direction and include text-based documents, spreadsheets, databases, email, address books, presentation slides, audio/video files, image files, and so on.

A. Computer-created files
B. User-protected files
C. User-created files
D. None of the above

User-created files are files created under the user’s direction. They include text-based documents, spreadsheets, databases, e-mail, address books, presentation slides, audio/video files, image files, Internet bookmarks, and so on. Correct answer: (C)

IQ #2 - Before removing a computer for forensic examination, it is usually best to review the files that may be of interest to make sure that they are contained on this particular computer.

A. True
B. False

One rule of securing computers is, don’t peek through the files. If a system is running, the fraud examiner may be tempted to click on the My Computer icon to look for evidence and/or copy files to a flash or optical storage device. This should never be done, because each file the investigator touches will have its original time stamps changed; once this happens the original time stamps cannot be recovered. It will be obvious to the forensic examiner that this has occurred. Correct answer: (B)

Bookstore Feature

Cyber Forensics: A Field Manual for Collecting, Examining and Preserving Evidence of Computer Crimes

Member Price: U.S. $59
Non-Member Price: U.S. $69

NEW 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:

IQ #3 -  When seizing a computer for examination, you should look around the area for ___________ because people have a habit of writing such things down near their computers.

A. Encrypted data
B. Laundry lists
C. Passwords
D. Practice aids

Because many people have a habit of writing down or recording their passwords near their computer, fraud examiners should look around for notes that may appear to be passwords. This practice may aid in the discovery of passwords needed to access encrypted data in the event that the subject of the investigation is uncooperative. Correct answer: (C)


Member Resources

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.

Study Tip Archives
Click Here to view videos of study tips from previous editions of the CFE Exam Coach Newsletter.

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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 65,000 members, the ACFE is reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession.
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