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Before attempting the ACFE CFE exam, it is advisable for candidates to possess a foundational understanding of fraud examination principles, which often comes from years of relevant experience in fields such as accounting, auditing, or law enforcement. Typically, having a minimum of two years of professional experience that relates to fraud detection and prevention is highly recommended. This background provides candidates with practical insights and skills that are crucial for successfully navigating the complexities of the exam and the challenges of the profession.

Exam Name:	Certified Fraud examiner
Registration Code:	CFE
Vendor:	ACFE
Related Certification:	ACFE Certified Fraud Examiner CFE Certification
Exam Level:
Official Exam Duration:	90 Mins (Estimated)
Expected No. of Questions in Actual Exam:	50
Available Practice Questions:	186
Last Updated:	06-03-2025

Passing the CFE exam opens up a multitude of career and professional benefits, as it significantly enhances one’s credibility and marketability in the field of fraud examination. Certified Fraud Examiners are often regarded as experts in their domain, which can lead to advanced career opportunities, higher salaries, and the potential for increased job security. Furthermore, the CFE credential is recognized globally, expanding the professional horizons of individuals who seek to work in diverse geographical locations or industries.

The ideal professional background for candidates considering the CFE exam typically includes experience in law enforcement, auditing, accounting, or compliance. Individuals who have worked in internal or external audit roles, forensic accounting, or fraud investigation possess the skill set and knowledge base that align well with the exam's requirements. Moreover, professionals with higher education degrees in finance, accounting, or criminal justice may find themselves better prepared and more competitive in the examination process.

Various companies and organizations actively seek Certified Fraud Examiners to bolster their fraud prevention and detection efforts. Financial institutions like JPMorgan Chase or Bank of America, consulting firms such as Deloitte and PwC, as well as government agencies like the FBI or IRS, frequently employ CFEs. Additionally, corporations in sectors ranging from healthcare to insurance, like Anthem or AIG, recognize the importance of having trained professionals to safeguard against fraud and maintain organizational integrity.