Financial Institution Fraud
Overview
Workbook
Description
Financial institutions are bombarded with transactions daily. Every new account opened, loan funded, check processed or credit card purchase made has the potential to be fraudulent. Because of this substantial fraud risk, you must be vigilant in protecting both your company and your customers.
Financial Institution Fraud examines the fundamental fraud schemes threatening financial institutions and helps you to detect and prevent them. The key schemes covered include counterfeit check activity, new account fraud, forged instruments, identity theft and kiting. This course also discusses solutions to help detect and prevent such schemes, and it provides guidance on educating employees about fraud and reporting cases to law enforcement.
Online Video:
Prerequisites
None
You Will Learn How To:
Determine effective ways to develop and provide awareness training.
Differentiate between the body of laws and regulations that govern the operations of financial institutions.
Discern what processes and procedures are appropriate when reporting financial fraud cases to law enforcement.
Distinguish between key concepts and terms relating to financial institution fraud.
Identify measures to detect and prevent counterfeit check activity.
Identify the essential components of loss prevention and recovery programs.
Recall various techniques criminals use to forge financial instruments and common measures financial institutions can employ to avoid significant losses from forged instruments.
Recognize the characteristics and common variations of fraud schemes that target financial institutions.
Recognize the common types of identity theft schemes that exploit the services of financial institutions.
CPE Information
| CPE Credit: | 8 Credits |
|---|---|
| NASBA Information: | Accounting |
| Advance Preparation: | None |
| Last Updated: | October 2025 |
| Delivery Method: | QAS Self-Study |
Policies
CPE Credit
Please note: To be eligible for CPE credit, you must complete the final exam within one year of purchase date. You may only claim CPE credit for a course once.
Online CPE Exam Grading
Online grading is available for ACFE self-study workbook courses. Complete the course offline at your convenience, but take the exam online the moment you're ready. Featuring instant exam results and a printable certificate, online grading offers a quick and convenient way to earn CPE.
Benefits of online grading include:
- Instant exam results
- Printable CPE certificate
- Complete the course at your own pace
- Take the exam online the moment you're ready
The Association of Certified Fraud Examiners, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.
Online CPE exam grading available for this course:
Online Grading Guide
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