ACFE CFE-Financial-Transactions-and-Fraud-Schemes certification exam is designed to test the skills and knowledge of individuals who are interested in detecting, investigating, and preventing financial fraud. It is a globally recognized certification that is highly valued by employers in various industries, including banking, insurance, and law enforcement. CFE-Financial-Transactions-and-Fraud-Schemes exam is intended for professionals who have at least two years of experience in fraud-related fields and are looking to advance their careers by obtaining a certification that demonstrates their expertise in financial transactions and fraud schemes.
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Passing the CFE-FTFS exam is a significant achievement in the field of fraud investigation. It demonstrates that the candidate has a thorough understanding of financial transactions and fraud schemes and has the skills to investigate and prevent fraud. Employers often look for candidates with the CFE-FTFS designation when hiring fraud examiners, making it a valuable asset to have in the industry.
The CFE-Financial-Transactions-and-Fraud-Schemes certification exam is a computer-based exam that consists of 125 multiple-choice questions. CFE-Financial-Transactions-and-Fraud-Schemes exam is administered at Pearson VUE testing centers worldwide, and candidates have four hours to complete it. CFE-Financial-Transactions-and-Fraud-Schemes exam is challenging, and candidates are required to demonstrate a high level of knowledge in order to pass. However, the ACFE provides a wealth of resources to help candidates prepare, including study materials, online courses, and review courses.
ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam Syllabus Topics:
| Section | Objectives |
| Fraud Schemes | - Corruption
- 1. Conflicts of Interest
- 2. Economic Extortion
- 3. Bribery
- 4. Illegal Gratuities
- Asset Misappropriation Schemes
- 1. Inventory and Noncash Assets
- 2. Payroll Fraud
- 3. Billing Schemes
- 4. Cash Larceny
|
| Fraud Prevention and Deterrence | - Fraud Risk Management
- 1. Anti-Fraud Controls
- 2. Corporate Governance
- 3. Fraud Risk Assessment
|
| Financial Statement Fraud | - Detection Techniques
- 1. Analytical Procedures
- 2. Ratio Analysis
- 3. Data Analysis Techniques
|
| Investigation Techniques | - Evidence Collection
- 1. Document Examination
- 2. Interviewing and Interrogation
- 3. Tracing Transactions
|
| Financial Transactions | - Fraudulent Financial Transactions
- 1. Asset Misappropriation
- 2. Improper Disclosures
- 3. Concealed Liabilities and Expenses
- 4. Revenue Recognition Schemes
- Accounting Concepts
- 1. Financial Statement Components
- 2. Accounting Systems
- 3. Internal Controls
|