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The Certified Fraud Examiner (CFE) credential is a prestigious certification that is recognized globally as a symbol of expertise in the anti-fraud profession. The CFE-Financial Transactions-and-Fraud-Schemes Certification Exam is one of the exams that candidates can take to earn this certification. CFE-Financial-Transactions-and-Fraud-Schemes exam is designed to test a candidate's knowledge of financial transactions and fraud schemes.
ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Asset Misappropriation – Inventory and Other Assets | 5–10% | - Concealment of asset shrinkage - Inventory theft and misuse - Prevention and detection controls |
| Asset Misappropriation – Cash Receipts | 5–10% | - Cash larceny - Cash skimming schemes - Prevention and detection methods |
| Corruption Schemes | 5–10% | - Illegal gratuities and extortion - Prevention and detection strategies - Conflicts of interest - Bribery and kickbacks |
| Other Fraud Schemes | 10–15% | - Procurement and contract fraud - Healthcare fraud - Insurance fraud - Identity theft and financial crimes - Theft of data and intellectual property |
| Asset Misappropriation – Fraudulent Disbursements | 15–20% | - Register disbursement fraud - Payroll fraud schemes - Expense reimbursement fraud - Electronic payment tampering - Billing schemes |
| Basic Accounting and Auditing Concepts | 15–20% | - Financial statement components and relationships - Auditing standards and procedures - Internal control frameworks and objectives - Fundamental accounting principles |
| Financial Statement Fraud | 10–15% | - Improper disclosures - Financial statement analysis techniques - Revenue recognition schemes - Asset and liability misrepresentation |
| Internal Control and Fraud Prevention | 10–15% | - Design of anti-fraud controls - Control testing and evaluation - Fraud risk assessment |





