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Increase your revenue
CFEs earn 31% more than their colleagues who are not certified according to the 2017/2018 Remuneration Guide for anti-fraud professionals. There are many institutions in Kenya that employ certified fraud examiners and actually pay CFEs between 150,000 and 300,000 kes per month. Confirmed and experienced fraud examiners earn more than 700,000 kes per month.
The question here is not whether a CFE certification will get a job, but rather which organization will pay you best. As soon as you finish the course, you will receive several offers from many potential employers; because it is a very popular course. If you want to enter the field of forensic medicine and high level auditing and investigations, the CFE is the course to pursue
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How to Prepare For ACFE CFE Certification Exam
Preparation Guide for ACFE CFE Certification Exam
ACFE CFE Certification: Tips to survive if you don't have time to read all the page
A certified fraud examiner (CFE) is an authority in the professional anti-fraud world. He stands out as a professional in the prevention, deterrence, and investigation of fraudulent practices. CFEs have skills that no other professional in the anti-fraud community can boast of. They combine complex accounting operations with a thorough understanding of legal issues, investigative skills and how to further discourage and prevent fraud. Therefore, these are the main criteria used by ACFE. ACFE provides the training and education necessary for an individual to become a certified fraud examiner.
The aim of these training courses and exams is to provide the CFE with the initial skills to detect signs of fraud, defend the global economy by discovering fraudulent practices and devise methods to avoid fraud. No organization in the world, regardless of its size, is safe from fraudulent practices. These workplace frauds are universal and destructive in nature.
According to a study conducted by the Report to Nations in 2016, small organizations tend to suffer extremely high losses compared to large organizations because they employ fewer anti-fraud professionals, which makes them vulnerable to the risks of fraud. Indeed, it is estimated that around 5% of the revenue lost due to fraud per year is due to fraud and work-related abuse.
Reference: http://www.acfe.com/details-of-exam.aspx
How much ACFE CFE Certification Exam cost
The price of ACFE CFE exam is 400 USD.
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ACFE CFE Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Fraud Prevention and Deterrence | 20% | - Causes and theories of fraud and white-collar crime - Designing and implementing prevention programs - Fraud risk assessment and management - Corporate governance and ethics - ACFE Code of Professional Ethics |
| Fraud Schemes and Financial Crimes | 40% | - Asset misappropriation, corruption, and other occupational fraud - Financial statement fraud - Basic accounting and auditing concepts - Internal control systems and fraud prevention - Types of fraud schemes and financial crimes |
| Fraud Investigations and Legal Issues | 40% | - Legal framework: criminal, civil, and administrative law - Investigation planning and evidence gathering - Interviewing and interrogation techniques - Report writing and documentation - Rules of evidence and rights of parties |






