( dba The Forte Trust Company )
 Certified Fraud Examiners/CFE - Forensic Accounting - Audit / Internal Controls Specialists

What is a Certified Fraud Examiner?
A Certified Fraud Examiner (CFE) is a specialist in the detection and deterrence of a wide variety of white collar crimes, from discovering employees or executives who misappropriate company assets to assisting investors who are defrauded in the course of commercial transactions.

CFE Audit / Examinations

Certified Fraud Examiner - Certified Fraud Audit

All Certified Fraud Examiners must meet the rigorous criteria for admission to the Association of Certified Fraud Examiners.  They must exemplify the highest moral and ethical standards and must agree to abide by the bylaws of the Association of Certified Fraud Examiners' "Code of Professional Ethics".

What Does A Certified Fraud Examiner Do?

A Certified Fraud Examiner is responsible for resolving allegations of fraud, obtaining evidence, taking statements, writing reports, testifying to findings, and assisting in the prevention and detection of fraud and white collar crime.  Following are a few examples of some typical CFE functions.

  • A Certified Fraud Examiner in private practice was retained to examine evidence of fraud and to testify in a $350 million securities fraud case. His testimony helped recover $70 million.
  • A Certified Fraud Examiner employed in the internal audit department of a bank headed the investigation of a $125,000 embezzlement case. The Certified Fraud Examiner ultimately assisted authorities in the criminal prosecution of an officer of the bank.
  • A Certified Fraud Examiner in private practice provided litigation support to an attorney involved in the trial of a civil fraud case. The CFE's expertise helped the attorney win the case.
  • A Certified Fraud Examiner employed by the U.S. Government advised a federal agency on ways to improve its ability to detect fraud in contracts, which resulted in potential savings of millions of dollars.

Certified Fraud Examiner Qualifications

Certified Fraud Examiners must demonstrate professional skills in the areas of fraud detection and deterrence. A Certified Fraud Examiner must have a minimum of:

  • A bachelor's degree from a recognized institution.
  • Two or more years of professional experience in a related field.
  • Successful completion of the Uniform CFE Examination.

All prospective CFE's must first apply for Associate Membership.  Those who wish to be certified must apply to take the CFE Examination.

The Uniform CFE Examination assesses the candidate's expert knowledge in four areas:

  • Fraudulent Financial Transactions
  • Legal Elements of Fraud
  • Fraud Investigation
  • Criminology and Ethics

All Certified Fraud Examiners must exemplify the highest moral and ethical standards and must agree to adhere to the Certified Fraud Examiner Code of Professional Ethics. CFE's are also required to acquire at least 20 credit hours of continuing professional education a year.

For more information please feel free to browse around our web site. We are always happy to 
answer any general questions, or to schedule a confidential consultation call us at (480) 391-2330 

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