What are the key fraud risks faced by banks, and how do CFEs contribute to mitigating these risks One of the most recurring problems that financial institutions and their clients deal with is banking fraud, which is extremely dangerous for everyone concerned. The Federal Trade Commission states that it received 2.8 million consumer fraud reports […]
How valuable is the Certified Fraud Examiner (CFE) certification in today’s job market? Certified Fraud Examiner Certification According to some studies, the average cost of fraudulent acts in an organisation accounts for 5% of its total annual revenue. Fraudulent acts in certain cases are responsible for massive business losses, and reputational damage and can even […]
What is the importance of CFE in Banking industry? According to a report by RBI, the banking sector witnessed a spike in fraud cases which totalled up to 14,483 incidents in 2023. This amounted to Rs 2642 crores in the first half of the year and 5396 in the second half, marking the increasing need […]
Is Certified Internal Auditor (CIA) good for a compliance officer? CIA Exam Review Courses Undergoing a certified internal auditor course and obtaining the certification is highly beneficial for professionals, especially those working as compliance officers. The CIA certification is a highly revered credential offered by the Institute of Internal Auditors (IIA), which is globally recognised […]
What is an Anti-terrorism Certificate and how do I fill it in? The battle against terrorism in today’s interconnected world is not just a national emergency but a global priority. With governments across the world implementing robust measures to strengthen security, anti terrorism training courses are also picking up pace to create specialists who are […]
How do I prepare for the Certified Internal Auditor Exams? CIA Exam Preparation The scope for a certified internal auditor is vast and varied across industries, however, the CIA exam requires a professional to obtain a passing score of 80% overall. Even though the test is difficult, the average candidate can pass it with enough […]
What is the scope of a Certified Internal Auditor in India? CIA Scope CIA (Certified Internal Auditor) is a globally recognised credential within the internal auditing discipline. The certification is ideal for people looking to work in internal audit, risk management, or compliance. With the increasing need for certified internal auditors in India, especially in […]
