CHAPTER 2 — — Association of Certified Fraud Examiners
Top 5 Reasons to Become a CFE
Details and Benefits — CFE Membership
CFE Membership
Associate members who want to take their career to the next level by obtaining the standard of professional excellence in the anti-fraud industry can join the Certified Fraud Examiner (CFE) programme. Businesses, government agencies, and law enforcement agencies progressively designate the CFE degree as the desired credential in their hiring policies.
Prerequisites for CFE Membership
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
Top 5 Reasons to Become a CFE
Here are the top five reasons why anti-fraud professionals like you make the decision to become a CFE:
Demonstrate professional credibility — The CFE credential denotes evidence of expertise, knowledge and experience. It’s considered the standard of excellence in the anti-fraud profession.
Enhance your marketability — Robert Half International identifies the CFE credential as “in-demand…one of the most marketable credentials today,” and nearly 90% of Fortune 500 ® companies employ at least one CFE.
Advance your career — Continually build your anti-fraud expertise and professionalism with world-class training and resources, like the ACFE Mentoring Program.
Expand your professional network — Connect with more than 90,000 members around the world.
Increase your earnings — CFEs earn 34% more than their non-certified colleagues.*
Explore more reasons why earning your CFE can make a big impact on your career.
Benefits of the CFE Credential
Increase your earnings
According to the 2020 Compensation Guide for Anti-Fraud Professionals, CFEs earn 34% more than their non-certified counterparts.
Advance your career
The CFE certification represents a high degree of skill, knowledge, and professionalism and documented evidence of expertise and experience.
Enhance your marketability and job security
ACCORDING TO ROBERT HALF INTERNATIONAL, the CFE is “in-demand…one of the most marketable credentials today,” and “the CFE has emerged as the gold standard in the domain of fraud,” according to A.E. Feldman, a prominent executive search agency.
Gain professional visibility and credibility
The CFE is widely recognised as the gold standard in the anti-fraud profession.
Distinguish yourself from your peers
The FBI, the United States Department of Defense, and the United States Securities and Exchange Commission all recognise the CFE certificate in their hiring and advancement processes (SEC).
Impact your company’s bottom line
According to ACFE data, firms with CFEs on staff identify fraud 50 per cent faster and have 62 per cent lower fraud losses than organisations without CFEs on the team.
Is the ACFE exam hard?
No exam is challenging if you study hard and use the appropriate materials. All you’ll need for the Certified Fraud Examiner (CFE) test is a study guide. Furthermore, you must exercise extreme caution while selecting study materials.
According to ACFE data, firms with CFEs on staff identify fraud 50 per cent faster and have 62 per cent lower fraud losses than organisations without CFEs on the team
5 Tips to Help You Pass the CFE Exam
- Tip 1: Get organized. …
- Tip 2: Take notes. …
- Tip 3: Study how you learn best. …
- Tip 4: Use the CFE Exam Preparation group in the ACFE’s online community. …
- Tip 5: Form a study group.
