News & Events
How much does it cost to get an ACFE certification?
- March 28, 2023
- Posted by: marketing@netrika.com
- Category: Blogs
ACFE certification cost | CFE certification cost
The Association of Certified Fraud Examiners (ACFE) is a professional organisation dedicated to preventing, detecting, and deterring fraud. ACFE functions on the mission of offering a certified fraud examiner certification program for aspirants.
Although obtaining a CFE certification is not necessary to operate in the field of fraud investigations, many employers and clients prefer to hire fraud examiners who do, and accreditation from the ACFE can give a boost to a professional’s career advancement.
CFE certification cost in India
According to the Association of Certified Fraud Examiners (ACFE), qualified fraud examiners earn 31% more than non-certified examiners. When that pay disparity is extrapolated over the course of a career, CFEs tend to earn $600,000 more than non-CFEs.
Certified fraud examiners work at all levels of government, in jobs ranging from city police detectives to special investigators with the Central Bureau of Investigation (CBI) or the Bureau of Alcohol, Tobacco, Firearms, and Explosives. CFEs in the private sector can work for large or small banking institutions, auditing or fraud investigation agencies, or huge enterprises. Moreover, CFEs can even start their own firms to provide fraud investigation and prevention services to corporations.
The worthiness of a certified fraud examiner position can be distinguished by the fact that no matter the job profile or industry vertical a CFE chooses to pursue, they will continue to play a vital role in the fraud investigation process. This keeps the job role of a CFE an essential component of the global employment industry, not affected by the technological disruption.
Benefits of obtaining certified fraud examiner certification
They combine expertise in intricate financial transactions with knowledge of procedures, the law, and how to deal with fraud accusations. Fraud examiners are also taught to comprehend not only the how, but also the why of fraud. A CFE has demonstrated proficiency in fraud investigation, detection, prevention, and deterrence. With the CFE accreditation, you may advance your career and establish yourself as a leader in the international anti-fraud community.
Many prestigious organisations throughout the world acknowledge the Certified Fraud Examiner (CFE) credential in their hiring and promotion procedures. In fact, 90% of Fortune 500 organisations have at least one CFE on staff.
Why choose Netrika for CFE certification
Attending this CFE programme organised by Netrika Consulting has the following advantages:
- After each training day, you can take the official CFE exam parts online. Within 4 days, you will cover the topics of investigations, law, financial transactions and fraud prevention & deterrence.
- You receive additional and unique training resources from the expert instructors.
- To ensure that you receive the full attention you require, since the number of participants is tightly limited.
- Expands your career opportunities as an investigator, auditor, law enforcement officer, compliance & fraud officer, accountant, controller, security professional etc.
With this CFE certification course from Netrika, 95% of candidates pass the CFE exam. Every prestigious organisation with stringent security measures prefers specialists with CFE certification, and this course by Netrika is unquestionably the most preferred choice.
Start your journey of gaining the CFE certification credentials
The ACFE certification CFE course fee can vary depending on which certification you pursue and which study materials you choose to purchase. However, the total cost can range from a few hundred dollars to a few thousand dollars. While this may seem like a significant investment, obtaining an ACFE certification can help you advance your career, increase your earning potential, and make a positive impact on the fight against fraud.
Certified fraud examiner certification course from Netrika Consulting can enable aspirants to acquire the required skills, credibility, and excellence in the field of the anti-fraud profession. It establishes your career growth, while giving you more visibility in the global job market.
Important Link
FAQ
What is Certified fraud examiner?
A Certified Fraud Examiner (CFE) is a professional trained to detect, prevent, and investigate financial fraud and white-collar crimes.
What is the function of fraud examiners?
The Fraud Examiner, Investigator, and Analyst will assist in the resolution of fraud allegations by gathering evidence, recording statements, writing and producing reports, and testifying on findings.
Does CFE have scope in India?
Yes, the scope of Certified Fraud Examiners (CFEs) in India is significant, especially with the increasing focus on corporate governance and compliance.
How can I become a certified fraud examiner in India?
To become a Certified Fraud Examiner (CFE) in India, you must meet eligibility criteria, pass the CFE Exam, and fulfill experience requirements.
How much does CFE certification cost in India?
For Indian citizens, an ACFE membership typically costs between $60 and $70. Access to a variety of services and benefits, such as publications, an online social network, and savings on study materials, are provided by this subscription. The current exam cost for a CFE in India is $450.
How long does it take to study for CFE?
Although the breadth of information covered in the CFE Exam can be intimidating, if you create a weekly study plan, you can be certified in as little as 60 days simply studying on your lunch hour. Begin by choosing a study schedule you can fit into to your current schedule.
How do I prepare for a certified fraud examiner?
By incorporating a combination of pre-assessments, lessons, interactive review questions and flashcards, the CFE Exam Prep Course will help you to understand the complexities of fraud examination and prepare to pass the rigorous CFE Exam.
Does CFE have scope in India?
Yes, the scope of Certified Fraud Examiners (CFEs) in India is significant, especially with the increasing focus on corporate governance and compliance.
How valuable is CFE certification?
CFE certification's value lies in its ability to review the existing controls to assess their effectiveness in preventing fraudulent activities. This further helps in the implementation of control frameworks to enhance operational efficiency.