Overview of the Certification Process
5 Steps
5 Steps
2 step
Prepare for the CFE (4 sections)
3 step
Apply for the CFE Exam
4 step
Take the CFE Exam (4 sections)
5 step
Get certified
1 step
Join the ACFE
Eligibility Requirements
- Meet the minimum academic and professional requirements (a bachelor’s degree or industry-related professional experience)
- Pass the point-based evaluation at https://www.acfe.com/cfe-credential (certification requires at least 50 points)
- Possess high moral character and adhere to the ACFE Code of Professional Ethics
- Pass the CFE exam (a minimum score of 40 is required to pass)
Work experience in the following fields is considered:
- Accounting and Auditing:Accountants, internal and external auditors whose responsibilities include fraud detection and prevention.
- Criminology and Sociology:Work experience in education or participation in fraud-related research in these fields.
- Fraud Investigation:Investigating civil, criminal, or occupational fraud for law enforcement or in the private sector.
- Loss Prevention:This may include security consultants or corporate/association directors involved in loss prevention.
- Legal Field:Pertains to lawyers and attorneys handling fraud prosecution or litigation.
The CFE Exam:
- Online (remote proctored): Taken from any location under the supervision of an online proctor.
- In-person: Administered at authorized Prometric testing centers.
To take the CFE exam in either format, candidates must present a valid government-issued photo ID (e.g., passport, national ID card, or driver’s license).
Candidates have 60 days to complete all 4 exam sections.
The Certification Committee reviews the results.
Candidates receive notification of the certification decision within 3 weeks of completing the CFE exam.
- 2-hour exam per section
- 100 multiple-choice and True/False questions
- Passing score: at least 75%
- Exam fee: $450
- Retake fee: $100 per failed section (maximum 3 attempts per section)
- Results available within 1 hour
- 4 Exam Sections
- Financial Transactions and Fraud Schemes
- Law
- Investigation
- Fraud Prevention
The CFE exam can be taken in two formats:
Maintaining CFE credential
- To maintain CFE certification, credential holders must participate in Continuing Professional Education (CPE). The annual requirements are:
- CFE credential holders must pay annual membership dues to keep their certification in active standing
- CFE credential holders must comply with both the ACFE Code of Professional Ethics and Professional Standards.
- Minimum 20 CPE hours per year
- At least 10 hours must focus specifically on fraud detection and prevention
- 2 hours must cover ethics training
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