The Certified Fraud Examiner (CFE) is a credential awarded by the Association of Certified Fraud Examiners (ACFE). The ACFE association is the world’s largest anti-fraud organization and premier provider of anti-fraud training and education. Together with more than 65,000 members, the ACFE is reducing business fraud world-wide and inspiring public confidence in the integrity and objectivity within the profession. CFEs have a unique set of skills that are not found in any other career field or discipline; they combine knowledge of complex financial transactions with an understanding of methods, law, and how to resolve allegations of fraud. Fraud examiners are also trained to understand not only how fraud occurs, but why.
Certified Fraud Examiner (CFE) Certification and Membership is open to associate members who are interested in taking their career to the next level by earning the standard of professional excellence in the anti-fraud profession. The CFE credential is increasingly being designated as a preferred credential in the hiring practices of businesses, government entities and law enforcement agencies.
Prerequisites for CFE Certification
•ACFE Associate membership in good standing
•Minimum academic and professional requirements must be fulfilled
•High moral character
•Agreement to abide by the Bylaws and Code of Professional Ethics of the Association of Certified Fraud Examiners
Benefits of the CFE Credential
•Increase your earnings – CFEs earn nearly 22% more than their non-certified colleagues according to the 2010/2011 Compensation Guide for Anti-Fraud Professionals.
•Advance your career – CFE certification is documented evidence of expertise and experience, representing a high level of skill, knowledge and professionalism.
•Enhance your marketability and job security – Robert Half International identifies the CFE as “in-demand…one of the most marketable credentials today” and A.E. Feldman, a leading executive search firm states, “…the CFE has emerged as the gold standard in the area of fraud.”
•Gain professional visibility and credibility – The CFE is accepted worldwide as the standard of excellence in the anti-fraud profession.
•Distinguish yourself from your peers – The CFE credential is recognized in the hiring and promotion policies of leading organizations, including the FBI, the U.S. Department of Defense and the U.S. Securities and Exchange Commission (SEC).
•Impact your company’s bottom line – Research conducted by the ACFE as part of preparing the 2012 Report to the Nations on Occupational Fraud and Abuse determined that in organizations with CFEs on staff, frauds were uncovered 50 percent sooner, and the median fraud loss was 44 percent lower.
Are you interested in taking your career to the next level? Do you want to gain respect of peers and employers? CFE is for you. With the increasing fraud and corruption problem, CFE certification will make you stand out and gain the trust of your peers.