ACFE International Membership
The Association of Certified Fraud Examiners (ACFE) was founded by Joseph Wells in 1988 and is headquartered in Austin, Texas. ACFE’s mission is to reduce the incidence of fraud and white-collar crime and to assist members in its detection and deterrence. Today, with approximately 70,000 members in 125 countries, the ACFE is the world’s premier anti-fraud association. The ACFE educates, unites and supports the global anti-fraud community with the tools to fight fraud more effectively. The ACFE offers its members the opportunity to attain professional certification as a Certified Fraud Examiner (CFE), recognizing expertise in all areas of fraud prevention and detection. The ACFE has approximately 130 chapters worldwide and offers about 100 conferences and seminars each year.
Members of the ACFE include CPAs, auditors, lawyers, investigators, law enforcement officers, security professionals, executives, managers and anyone whose job involves preventing, detecting or deterring fraud. The ACFE supports members and the anti-fraud profession by providing conferences, seminars and other training events year round, while also offering self-study and online learning opportunities, manuals, software and other resources for combating fraud.
Requirements to Become a CFE
ACFE members who wish to become a CFE must achieve the organization’s minimum educational and professional requirements, be of high moral character, agree to abide by the ACFE’s bylaws and code of professional ethics, and pass the CFE examination. To retain their certificates, CFEs must meet annual continuing education requirements. The CFE Examination is a four-part exam covering (1) Criminology & Ethics, (2) Financial Transactions, (3) Fraud Investigation, and (4) Legal elements of Fraud.
The ACFE offers a CFE exam preparation course to assist individuals in their study.
Professional requirements to become a CFE include a minimum of two years of experience in a field either directly or indirectly related to the detection or deterrence of fraud. For educators who do not have traditional fraud-related experience, the ACFE established alternative criteria as follows: four semesters of teaching a fraud-related course after 2002, conduct investigative research on a case with a CFE, and publication of a case in a scholarly or professional journal to augment the common body of knowledge concerning fraud detection and deterrence.