Financial Institution Fraud

Cover of Financial Institution Fraud
Course Level
Delivered via
8 Credits


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:




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: Specialized Knowledge
Advanced Preparation: None
Last Updated: September 2023
Delivery Method: QAS Self-Study


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:

Online CPE exam grading available for this course:

Online Grading Guide

Ordering and Returns

Satisfaction Guarantee

If you are not 100% satisfied with any ACFE product, you may return it to us, provided it is in excellent condition, for a full refund of the item minus the cost of shipping. Toolkits and bundles may only be returned as a complete set.

Ordering & Returns Policy