Question bank for CFE Fraud Examiner Exams in 2026

About this course

What Is a Certified Fraud Examiner (CFE)?A Certified Fraud Examiner (CFE) is a professional certification available to fraud examiners. CFEs are subject to periodic continuing professional education requirements (CPE) in the same manner as CPAs.The CFE designation is issued by the Association of Certified Fraud Examiners (ACFE), the world's largest anti-fraud organization, based in Austin, Texas.ContentSection I: Financial Transactions and Fraud SchemesDescribes hundreds of fraud schemes, their red flags and mechanisms for preventing and detecting them. This section also provides information about basic accounting concepts.Section II: LawFocuses on the statutes and common law principles involved in prosecuting fraudsters through both the criminal and civil systems, as well as legal pitfalls you might encounter while conducting an investigation.Section III: InvestigationProvides the basic tools and techniques necessary to gather information and evidence when conducting a fraud examination and identifying perpetrators. The appendices contain a sample fraud examination report, a fraud examination checklist and sample engagement and advisory letters.Section IV: Fraud Prevention and DeterrenceExplores why people commit fraud and what can be done to prevent it. Topics covered in this section include developing corporate governance practices, fraud prevention programs, fraud risk assessment and management and management's and auditors' fraud-related responsibilities.What is the Certified Fraud Examiner (CFE) Exam and how is it structured?The CFE Exam is a comprehensive examination that demonstrates expertise in fraud prevention, detection, deterrence and investigation. Passing the CFE Exam is a requirement for earning the Certified Fraud Examiner (CFE) credential.Exam Structure: The CFE Exam consists of four sections