What is CFE degree?
The CFE credential is awarded to individuals who have some experience in fraud prevention and detection. This credential also has educational requirements and an exam, much like the CPA exam. The ACFE is an international organization that administers the exam, in addition to supporting and regulating the CFE members.
What is CFE title?
A Certified Fraud Examiner (CFE) is a leader in the anti-fraud community, noted as a specialist in the prevention, detection and deterrence of fraud. CFEs represent the highest standards held by the ACFE.
What is the CFE good for?
The Certified Fraud Examiner (CFE) credential denotes proven expertise in fraud prevention, detection and deterrence. CFEs are trained to identify the warning signs and red flags that indicate evidence of fraud and fraud risk.
Is CFE a professional qualification?
If you do not have a Bachelor’s degree, you may substitute two years of fraud-related professional experience for each year of academic study. Once the individual has fulfilled their 50-point minimum and two years of professional experience they will be awarded the CFE credential.
How do I get ACFE?
How to earn fraud investigator certification
- Obtain at least a bachelor’s degree in any field.
- Become a member of the Association of Certified Fraud Examiners.
- Study and apply for the Certified Fraud Examiner examination.
- Pass the CFE exam.
Is CFE better than CPA?
CPA vs CFE in the Workplace CFEs can come from a wider variety of professional backgrounds than CPAs, but a CFE accountant will probably work in the areas of forensic accounting or fraud auditing. You’ll likely study financial records looking for discrepancies or weaknesses in systems that could be exploited.
What is the difference between CPA and CFE?
A CFE is one that actively works to prevent fraud and looks for it within an organization. Using specialized skills and knowledge related to criminology and financial transactions, a CFE will investigate potential crimes and interview witnesses and suspects. A CPA is an accountant who has earned the CPA designation.
Does CFE expire?
To maintain your CFE Credential, you are required to earn at least 20 hours of Continuing Professional Education (CPE) every 12-month period. If your membership expires you are not allowed to use the CFE credential.
Can you get a CFE without a CPA?
A CFE is a certified fraud examiner – that is, a professional specially trained to prevent, detect, and deter fraud. This includes many types of fraud, so you don’t have to be an accountant to become a CFE.
Is CPA harder than CFE?
The CPA certification is infinitely harder to obtain. It’s 4 exams on full-sized textbooks. The CFE is all online and there are far fewer requirements and much less testing.