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The CFE Exam is the Association of Certified Fraud Examiners' certification examination, assessing fraud prevention, detection, deterrence, investigation, and related legal knowledge in three separately timed sections.
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Three separately administered, closed-book sections of multiple-choice and True/False questions: Fraud Schemes and Financial Crimes (fraud scheme types, accounting, asset misappropriation, corruption, money laundering); Fraud Investigations and Legal Issues (investigation planning, evidence law, interviews, legal system); Fraud Prevention and Deterrence (fraud risk assessment and management, governance, ethics).
The CFE credential is global: the exam is offered at Prometric testing centers worldwide plus live remote proctoring, and ACFE describes the content as globally applicable (job analysis input 'across all industries and geographical regions').
An approved CFE Exam Application is required before testing; the credential additionally requires meeting educational and professional (fraud-related) experience requirements and submitting professional recommendations
Up to five attempts per section; retakes cost USD 110 per failed section; no waiting period for the first three attempts and a 30-day wait for the fourth and fifth; after five failed attempts, program eligibility expires with a two-year wait before reapplying