Evaluating the FRAML Approach
Basic
Online
Description
While every organization can benefit from an active anti-fraud program, there are a variety of organizations that are required to have an anti-money laundering program. In such organizations, there is a potential opportunity to combine fraud fighting and anti-money laundering monitoring, reporting and investigation.
In this course, you will learn the basics of the fraud and anti-money laundering (FRAML) approach. Additionally, you will discover how to weigh the positives and negatives when considering a FRAML approach for your organization and become aware of the difficulties fraud examiners might encounter as organizations merge these two vital functions. While such organizational shifts are not always under your control, this course will provide you with a road map to successfully navigate the FRAML approach.
Prerequisites
None
You Will Learn How To:
Determine the positives and negatives of a FRAML approach.
Evaluate whether a FRAML approach is appropriate for an organization.
Recognize the differences between anti-fraud and anti-money laundering programs.
Table of Contents
| Lesson 1 | Anti-Fraud Program Basics |
|---|---|
| Lesson 2 | Anti-Money Laundering Program Basics |
| Lesson 3 | The FRAML Approach |
| Lesson 4 | Organizational Considerations |
| Lesson 5 | CFE Considerations |
CPE Information
| CPE Credit: | 2 |
|---|---|
| NASBA Information: | Specialized Knowledge |
| Advance Preparation: | N/A |
| Last Updated: | December 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.
ACFE Online Self-Study Courses
Features:
- 24/7 access to courses through your Internet browser
- Save time and quickly earn CPE credits with instant access, grading and printable certificate
- The flexibility to start or stop a course and pick-up right where you left off
- No additional shipping fees
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System Requirements:
- Internet access: High-speed connection recommended
- Speakers required for video sound
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/.
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