Increase your revenue

CFEs earn 31% more than their colleagues who are not certified according to the 2017/2018 Remuneration Guide for anti-fraud professionals. There are many institutions in Kenya that employ certified fraud examiners and actually pay CFEs between 150,000 and 300,000 kes per month. Confirmed and experienced fraud examiners earn more than 700,000 kes per month.

The question here is not whether a CFE certification will get a job, but rather which organization will pay you best. As soon as you finish the course, you will receive several offers from many potential employers; because it is a very popular course. If you want to enter the field of forensic medicine and high level auditing and investigations, the CFE is the course to pursue

Improve your marketing and job security

Robert Half International identifies the CFE as “required … one of the most marketable credentials today” and AE Feldman, a leading executive research firm, says that “… CFE has become the point of reference for fraud.”

For example, the probability of promotional opportunities for security personnel (G4, Wells Fargo Limited, Bob Morgan Security Ltd among others) increases by 100%, for those with CFE compared to those who do not have a CFE. Auditors with CFE are 3 times more likely to get greener opportunities elsewhere. Law enforcement officers (police, CID) with CFE are 1.8 times more likely to be assigned to fact-finding missions or to be hired for private work.

Reference: http://www.acfe.com/details-of-exam.aspx

How to Prepare For ACFE CFE Certification Exam

Preparation Guide for ACFE CFE Certification Exam

ACFE CFE Certification: Tips to survive if you don't have time to read all the page

A certified fraud examiner (CFE) is an authority in the professional anti-fraud world. He stands out as a professional in the prevention, deterrence, and investigation of fraudulent practices. CFEs have skills that no other professional in the anti-fraud community can boast of. They combine complex accounting operations with a thorough understanding of legal issues, investigative skills and how to further discourage and prevent fraud. Therefore, these are the main criteria used by ACFE. ACFE provides the training and education necessary for an individual to become a certified fraud examiner.

The aim of these training courses and exams is to provide the CFE with the initial skills to detect signs of fraud, defend the global economy by discovering fraudulent practices and devise methods to avoid fraud. No organization in the world, regardless of its size, is safe from fraudulent practices. These workplace frauds are universal and destructive in nature.

According to a study conducted by the Report to Nations in 2016, small organizations tend to suffer extremely high losses compared to large organizations because they employ fewer anti-fraud professionals, which makes them vulnerable to the risks of fraud. Indeed, it is estimated that around 5% of the revenue lost due to fraud per year is due to fraud and work-related abuse.

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