CFE-INVESTIGATIONS Exam Information and Guideline
CFE Investigation Certified Fraud Examiner
Below are complete topics detail with latest syllabus and course outline, that will help you good knowledge about exam objectives and topics that you have to prepare. These contents are covered in questions and answers pool of exam.
Exam Detail:
The CFE-INVESTIGATIONS (CFE Investigation Certified Fraud Examiner) exam is a professional certification exam offered by the Association of Certified Fraud Examiners (ACFE). It is designed to assess the knowledge and skills of individuals involved in fraud investigations. Here are the exam details for the CFE-INVESTIGATIONS exam:
- Number of Questions: The exam typically consists of 125 multiple-choice questions.
- Time Limit: The time allocated to complete the exam is 4 hours.
Course Outline:
The CFE-INVESTIGATIONS course provides a comprehensive understanding of various topics related to fraud investigations. The course outline generally includes the following areas:
1. Introduction to Fraud Investigations:
- Understanding fraud investigations and their importance.
- The role of a fraud investigator and their ethical obligations.
- The legal framework for fraud investigations.
2. Fraud Prevention and Deterrence:
- Identifying fraud risk factors and vulnerabilities.
- Developing and implementing effective fraud prevention programs.
- Evaluating and improving internal controls.
3. Financial Transactions and Fraud Schemes:
- Understanding financial transactions and common fraud schemes.
- Recognizing red flags and indicators of fraud.
- Analyzing financial statements and records.
4. Fraud Investigation Process:
- Planning and conducting fraud investigations.
- Gathering evidence and conducting interviews.
- Documenting findings and preparing investigation reports.
5. Legal Considerations and Prosecution:
- Understanding the legal system and the role of the investigator.
- Laws and regulations related to fraud investigations.
- Presenting evidence and supporting prosecution efforts.
6. Data Analysis and Technology in Investigations:
- Using data analysis techniques to detect and investigate fraud.
- Digital evidence collection and analysis.
- Leveraging technology tools for fraud investigations.
Exam Objectives:
The objectives of the CFE-INVESTIGATIONS exam are as follows:
- Assessing candidates' knowledge of fraud investigation principles and techniques.
- Evaluating candidates' understanding of fraud prevention and detection methods.
- Testing candidates' proficiency in conducting fraud investigations and gathering evidence.
- Assessing candidates' knowledge of legal considerations and ethical obligations in fraud investigations.
- Evaluating candidates' understanding of data analysis and technology applications in fraud investigations.
Exam Syllabus:
The specific exam syllabus for the CFE-INVESTIGATIONS exam covers the following topics:
1. Introduction to Fraud Investigations:
- Fraud investigation principles and concepts.
- Ethics and legal considerations in fraud investigations.
2. Fraud Prevention and Deterrence:
- Fraud risk assessment and prevention programs.
- Internal controls and fraud prevention measures.
- Corporate governance and ethics.
3. Financial Transactions and Fraud Schemes:
- Common fraud schemes and red flags.
- Analyzing financial statements and records.
- Fraud risk factors in different industries.
4. Fraud Investigation Process:
- Planning and conducting fraud investigations.
- Evidence gathering and documentation.
- Interviewing techniques and statement analysis.
5. Legal Considerations and Prosecution:
- Legal framework for fraud investigations.
- Laws and regulations related to fraud.
- Presenting evidence and supporting prosecution efforts.
6. Data Analysis and Technology in Investigations:
- Data analysis techniques for fraud detection.
- Digital evidence collection and analysis.
- Technology tools for fraud investigations.