Cartified Fraud Exam Questions Practice Test As of my last update in September 2021, there is no widely recognized certification or exam called the "Cartified Fraud Exam." It's possible that the term may be a typographical error or a misrepresentation of a certification related to fraud examination. The correct term is likely the "Certified Fraud Examiner (CFE)" exam, which is a professional certification offered by the Association of Certified Fraud Examiners (ACFE). The Certified Fraud Examiner (CFE) designation is one of the most widely respected certifications in the field of fraud examination and anti-fraud efforts. Certified Fraud Examiner (CFE) Certification: The Certified Fraud Examiner (CFE) certification is designed for professionals who specialize in preventing, detecting, and investigating fraud. These individuals are skilled in areas such as forensic accounting, financial transactions, and fraud examination techniques. To earn the CFE designation, candidates must meet specific eligibility requirements, including having a minimum number of years of professional experience related to fraud examination or other anti-fraud activities. After meeting the eligibility criteria, candidates are required to pass the CFE exam, which tests their knowledge in areas such as fraud prevention and deterrence, financial transactions and fraud schemes, investigation methods, and legal aspects related to fraud. The CFE exam is a comprehensive and challenging test, covering various aspects of fraud examination and ethics. Once individuals pass the exam and complete any remaining requirements, they are awarded the Certified Fraud Examiner (CFE) designation. The CFE certification is recognized and valued by employers in various industries, including finance, accounting, law enforcement, and corporate governance. It demonstrates a commitment to ethical business practices and expertise in combatting fraud and financial crimes. For the most up-to-date information about the Certified Fraud Examiner (CFE) certification, including eligibility requirements, exam details, and any changes that may have occurred after September 2021, candidates should refer directly to the official website of the Association of Certified Fraud Examiners (ACFE).
Certified Fraud Examiners (CFEs) possess unique expertise in preventing and detecting fraud, and are highly valued by organizations spanning all industries, sectors and sizes.
The CFE Exam tests your knowledge of the four major areas that comprise the fraud examination body of knowledge:
- Fraud Prevention and Deterrence: Topics covered in this section include crime causation, white-collar crime, occupational fraud, fraud prevention, fraud risk assessment, and the ACFE Code of Professional Ethics.
- Financial Transactions and Fraud Schemes. Topics covered are basic accounting and auditing theory, fraud schemes, internal controls to deter fraud and other auditing and accounting matters.
- Investigation: includes questions about interviewing, taking statements, obtaining information from public records, tracing illicit transactions, evaluating deception and report writing.
- Law — ensures your familiarity with the many legal ramifications of conducting fraud examinations, including criminal and civil law, rules of evidence, rights of the accused and accuser, and expert witness matters.
If you are planning to crack CFE exam in 2022 ,you are at right place;
The Certified Fraud Examiner (CFE) credential denotes proven expertise in fraud prevention, detection and deterrence. CFEs around the world help protect the global economy by uncovering fraud and implementing processes to prevent fraud from occurring in the first place.
Is the exam difficult to pass?
No, the exam is not difficult to pass. In fact, it should be easy for you to pass when you go to take your exam. If you are properly prepared, the exam should be easy to pass. In other words, if you know the material tested on the exam, then taking the exam is just the process of answering questions you are prepared to answer. Of course, there may be a few questions that you are uncertain about, but if you are properly prepared, you should know that you passed when you leave the exam.