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What does CFE mean after a name?
In addition to being a certified public accountant (CPA), Ken is a certified fraud examiner (CFE), certified in financial forensics (CFF), and is accredited in business valuation (ABV).
Is the CFE designation worth it?
Because of this, becoming a Certified Fraud Examiner (CFE) can make you a valuable addition to any company. In fact, according to the Association of Certified Fraud Examiners, companies that employ CFEs uncover fraud 50 percent sooner.
What are benefits of being a CFE?
Exclusive membership benefits include:
- Knowledge and tools:
- Networking opportunities:
- Professional development:
- Member savings:
- Career Support:
- Earn your Certified Fraud Examiner credential:
What is the difference between CPA and CFE?
What differentiates a CFE from a CPA or an auditor is that the CFE is trained and experienced in detecting and investigating fraud, which includes collecting evidence for purposes of litigation (i.e., a CFE is prepared to go to trial). Many CPAs and auditors are not.
What does CFE mean?
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.
How much money does a CFE make?
Based on participant responses, the median total compensation for a CFE is $91,000, compared to $73,000 for a non-CFE. This represents a CFE premium of 25%.
Which is better CFE or CFF?
Typically, CFEs have more of an anti-fraud focus than do CFFs. That said, in order to obtain the CFE designation, one has to pass a written examination and provide proof of education and experience, among other things.
How much do CFE make?
The survey data indicates that there is a significant earning advantage for CFEs over non-CFEs. Based on participant responses, the median total compensation for a CFE is $91,000, compared to $73,000 for a non-CFE.
Is CFE a degree?
Level of the training The Certified Fraud Examiner (CFE) training is held on a bachelor level.
Can you be a CFE without being a CPA?
A CFE is a certified fraud examiner – that is, a professional specially trained to prevent, detect, and deter fraud. This includes many types of fraud, so you don’t have to be an accountant to become a CFE. However, accountants and auditors play a major role in uncovering fraud, so many CFEs come from this background.
How long does it take to become a CFE?
Candidates lacking two years of professional experience can still take the CFE Exam as long as they have a minimum of 40 total qualifying points. Once the individual has fulfilled their 50-point minimum and two years of professional experience they will be awarded the CFE credential.