CFEs are leading the fight against fraud worldwide
Administered by the ACFE since 1989, the Certified Fraud Examiner credential sets the standard for excellence in the fight against fraud. The 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. CFEs around the world help protect the global economy by uncovering fraud and implementing processes to prevent fraud from occurring.
The Certified Fraud Examiner:
- an expert
- a professional
- a leader
- competent
- committed
- credible
- specialised
A core objective of the ACFE is to provide the worldwide market with credible and competent anti-fraud professionals. The key to the ACFE’s value is a single benchmark for all, a common pool of knowledge, a common set of principles and a united body.
- Why Become a CFE?
- Advance your career: the CFE Designation is documented evidence of expertise and experience, representing a high level of competence and professionalism.
- Increases your earning potential: According to the 2010-2011 Compensation Guide for Anti-Fraud Professionals, CFEs earn nearly 34%t more than their non-certified colleagues.
- Distinguish you from your colleagues: the CFE is an objective means of distinguishing yourself as a knowledgeable anti-fraud professional.
- Improve your marketability and job security: the CFE is in demand: In a recent study by Robert Half International, a leading specialist in financial staffing, the CFE is listed as one of the most marketable credentials today.
- Gain professional visibility and credibility: the CFE is accepted worldwide as the standard of professional excellence in the anti-fraud industry.
- Demonstrate your knowledge and expertise: the CFE enables you to become a world-class resource to your clients, colleagues and company.
- CFE Requirements:
- Be an Associate Member of the ACFE in good standing
- Be of high moral character
- Agree to abide by the Bylaws and Code of Professional Ethics of the Association of Certified Fraud Examiners
Minimum Academic Requirements:
- Generally, a minimum of a Bachelor’s degree (or equivalent) from an institution of higher learning.
- No specific field of study is required.
- 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.
Minimum Professional Requirements:
At the time of certification, you must have at least two years of professional experience in a field either directly or indirectly related to the detection or deterrence of fraud.
The Point System
In order to be certified, a candidate must have a minimum of two years professional experience and 50 points. Points claimed for education must be from a recognised institution of higher learning. If an individual has more than 40 but less than 50 total qualifying points, they may apply to take the CFE Exam; however, certification will not be awarded until the individual has a total of 50 points or more and two years of professional experience. Points can be calculated online:
For more information please visit: www.acfe.com
- The Certificate
ADVANCED CERTIFICATE: FRAUD EXAMINATION
- SAQA accredited
- NQF level 7
- Globally preferred by employers
- Locally and internationally recognised
- Benchmark
- Recognised as the 'Gold Standard'
To become a CFE, an individual must pass a rigorous test on the four major disciplines that comprise the fraud examination body of knowledge:
- Fraud Prevention and Deterrence
- Financial Transactions
- Fraud Investigation
- Law
SAQA ACCREDITATION
Apply through the ACFE SA Chapter for the SAQA Certificate (NQF 7). Only available to ACFE SA Members.
HOW TO BECOME A CFE:
- Join the ACFE SA as an Associate Member
- Prepare for the exam
- Apply for the exam
- Pass the exam
Taking the steps to become a Certified Fraud Examiner (CFE) will position you as a leader in the anti-fraud community and a specialist in the prevention and detection of fraud. Becoming a CFE requires specific qualifications and is achieved by passing the CFE Exam.
- The Occupation
- scarce skill
- technical skill
- critical skill
TOP 10 SECTORAL PRIORITY OCCUPATIONS '19/'20
- The Credential
- gold standard
- locally and internationally recognised
- demonstrates expertise
- provides career choices
- demonstrates skilled workforce
- demonstrates insight into fraud trends
- Prospective CFEs Must Meet
- professional standards
- educational standards
- ethical standards
- continued professional education requirements
"...the CFE has emerged as the gold standard in the area of fraud.” - A.E. Feldman, leading executive
CFE Creator
The ACFE International (Global Chapter) is the sole creator of the CFE course, the training material and the exam.
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CFE Moderator
The ACFE SA is the CFE certificate training moderator in South Africa.
Contact Anita Nel for more information:
CFE Training Provider
The AFRICA Training Academy is the sole and exclusive training provider for the Advanced Certificate: Fraud Examination in South Africa. The AFRICA Training Academy is an authorised ACFE Training Provider.
Contact the AFRICA Training Academy for more information: training@africata.co.za