|
What is the Association of Certified Fraud Examiners?
The Association of Certified Fraud Examiners
is an international, 25,000-member, professional organization dedicated
to fighting fraud and white-collar crime. With offices in North America
and Europe - and chapters around the globe - the Association is
networked to respond to the needs of anti-fraud professionals
everywhere. |
|
Return to top |
|
What is a Certified Fraud Examiner?
A Certified
Fraud Examiner (CFE) is a specialist educated
and trained in the detection and deterrence of a wide variety of
white-collar crimes. All CFEs must meet the rigorous criteria for
admission to the Association of Certified Fraud Examiners. Thereafter,
they must exemplify the highest moral and ethical standards and must
agree to abide by the Association's Code
of Professional Ethics. |
Return to top |
|
Who belongs to the Association of Certified Fraud Examiners?
Members of the Association specialize in a wide range of fields,
including fraud investigation; criminology; internal and external
auditing; loss prevention and security; forensic accounting;
law; law enforcement; investigation at the local, state, and federal
levels; education; and others, as well as students of these fields. |
Return to top |
|
|
How do I become a CFE?
Becoming a Certified Fraud Examiner is not an easy task. Only
Associate Members of the ACFE can be eligible for certification. To
achieve the CFE designation, you must meet the following requirements:
- Be of high moral character
- Meet the minimum educational and experience requirements
- Pass the Uniform CFE
Examination
- Maintain required Continuing Professional Education (CPE)
- Pay annual Association dues
- Agree to abide by the Bylaws and
Code of Professional Ethics of
the Association of Certified Fraud Examiners
Further details on how to become a CFE can be found by going to the
Becoming a CFE page of this website.
|
Return to top |
|
Where and how often is the CFE Exam offered?
The CFE
Exam was designed to be convenient for professionals with hectic
schedules. The entire exam is administered on your computer in your own
office or home from software that is mailed to you from the Association. |
Return to top |
|
Where
can I find the Middle Tennessee Chapter application
form?
Click here
for the application form (PDF format). |
Return to top |
|
What
are the continuing professional education
requirements?
ACFE requires all CFEs to certify their compliance with the requirement of 20 hours of CPE per year. See the notice below for details. You can certify online at the ACFE website and it only take a second.
In an effort to ensure all CFEs maintain competence and to uphold the high standards of the CFE credential, the ACFE requires CFEs to comply with CPE requirements each year. To keep your CFE designation, you must submit the certification below by June 30, 2005. If you do not do so, your membership will automatically be suspended and the suspension will be
published.
Every CFE must:
- Achieve a minimum of 20 hours
of CPE per calendar year with at least 10 hours being
directly fraud-related.(Excess CPE may not be carried
forward to future years.)
- Keep track of CPE and retain
for three years supporting documents for CPE credit earned.
- Annually certify that he/she
met the CPE requirements or report non-compliance.
- Provide evidence of compliance
to the ACFE for audit investigation at any time requested.
For complete CPE requirements and
approved fields of study, visit www.acfe.com/career/annual.asp.
CERTIFICATION REQUIRED BY JUNE 30, 2005 FOR YOUR CPE EARNED IN
2004.
|
|
Return to top
|
|
What are the benefits of Chapter Membership?
Chapter membership is available to members of the National Association of Certified Fraud Examiners. Members pay $25
annually or $50 for a three-year recognition. Members can attend monthly
luncheons for one hour of free CPE (meals are $8 per person), become
active as an officer or committee chair, and interact with other
anti-fraud professionals at scheduled events and socials. Members also
receive special access to the Members
Only section of the Chapter Website where they can engage in
a member discussion group, find job opportunities, search the member
database, and find a listing of chapter library resources. Click
here to download an application for membership in the Middle
Tennessee Chapter (the application is in Adobe
Acrobat format; download
and install a free copy of Adobe Acrobat Reader). |
Return to top |
|
How serious is the problem of fraud in the U.S.?
It is estimated that 6% of revenues will be lost in 2002 as a
result of occupational fraud and abuse. Small businesses are the
most vulnerable to occupational fraud and abuse. The average
scheme in a small business causes $127,500 in losses. The
average scheme in the largest companies costs $97,000. Read the
"Report
to the Nation" at the ACFE web site for more information about
the problem of fraud in the U.S. or visit the Association’s web site at
www.acfe.com. |
Return to top |
|
a