Question: Is CFE Exam Open Book?

Is the CFE exam online?

The CFE Exam is available in electronic download or online format.

The exam has a number of sophisticated controls to ensure integrity and each exam is generated from a master database.

No two exams are alike.

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How much does it cost to join Acfe?

The cost is $399, a significant savings off the regular price. The year of membership included in the package will be effective once the exam is passed. To place your order call the ACFE at (800) 245-3321 or +1 (512) 478-9000 or email MemberServices@ACFE.com.

Is it hard to pass the CFE exam?

CFE is not a difficult course to study or even pass if you follow the given below tips.

What is a passing score on the CFE exam?

In order to pass the CFE Exam, you must score at least 75% correct on each section. Exam scores are only released when you have not achieved the 75% pass rate. This procedure ensures the integrity of the testing process.

How long does it take to pass the CFE exam?

60 daysTo pass the CFE Exam in 60 days, you’ll need to study 8-10 hours per week. That might seem intimidating, but if you pick a study time and location, it will be much easier to study consistently.

Does CFE expire?

How long is my CFE Exam application valid? The application is kept valid for two years.

How much does the CFE exam cost?

The CFE Exam online application consists of four qualifying sections: Qualifications, Experience and Character, Signature Statement and Payment. The cost to take the CFE Exam is $450. If you have purchased the CFE Exam Prep Course, the fee is $350.

Which is better CFE or CFF?

Most consider the CFE the gold-standard in the fraud field, but the CFF is comparable. The association website has a bunch of fraud resources available that definitely made it worth it (mentor program, case studies, forums, sample documents, etc.).

How much do 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%.

What are the 4 sections of the CFE exam?

The CFE Exam consists of four sections: Financial Transactions and Fraud Schemes, Law, Investigation and Fraud Prevention and Deterrence.

How many times can you fail the CFE?

You may attempt the CFE three times. A student will be deregistered after their third unsuccessful attempt at the CFE. Refer to Regulation 9-1, Section 1.19 for the definition of an unsuccessful attempt and Section 47.5 for the details and timing of deregistrations.

Is getting your CFE worth it?

If you’re focusing on internal audit/controls but not getting into actual investigations or cases, a CFE isn’t really “worth it”. … A CFE helps in selling that service, but most any auditor could do those engagements. In fact, I did FRAs when I was in audit and was just a CPA.

How do I pass the CFE in 30 days?

To pass the CFE Exam in 30 days, you’ll need to study 15 hours per week. That might seem intimidating, but if you pick a study time and location, it will be much easier to study consistently.

What happens if you fail the CFE?

Candidates who are unsuccessful on the CFE can request a re-mark of their results on the sections on which they were unsuccessful for a fee, which will be refunded if the re-mark is successful. Candidates must request a re-mark through My CPA Portal before the deadline noted on the schedule.

Is the CFE exam proctored?

The ACFE offers numerous CFE Exam Review Courses throughout the year during which you can take your exam in a live proctored environment. … If you are unable to attend one of these courses, contact the ACFE to discuss other options.