Know all about the certified fraud examiner
3 mins read

Know all about the certified fraud examiner

Who is CFE or certified fraud
examiner?

CFE in South Africa is a trained professional with diverse
skills in preventing, detecting, and investigating fraud. They are certified
anti-fraud professionals discovering, investigating, and resolving fraud cases.

What is the role of a certified
fraud examiner?

CFE in South Africa conducts expert investigations
regarding possible illegal activity in banks, corporations, and retail stores.
They review the documentation and interview the suspect to work out the details
of the financial fraud claim.

Also, the CFE initiates fraud
deterrence and prevention programs to help companies avoid future problems.
They are the certified professionals who hold that specific title or work under
another designation, like a forensic accountant or internal auditor.

Most certified fraud examiners
work for private banks or corporations though private auditing companies,
consulting firms, and government agencies employ some.

Benefits of Certified Fraud
examiner certification

 

1.    Increase the earning: CFEs earn more than their non-certified colleagues. Many institutions in
South Africa employ certified fraud examiners, and they pay them good monthly
salaries. If you want to join the field of forensic science and high-level
auditing and investigations, CFE is your Go-To course to pursue. When one gets
through with the course, they shall get several offers from many potential
employers as it is a course in high demand.

2.    Advance your career: CFE certification is documented evidence of experience and expertise,
representing a high level of skill, professionalism, and knowledge. A graduate
in criminology, forensics, audit, accounts, or finance will be handicapped from
the professional viewpoint if they have not procured a certified fraud examiner
course.

3.  Enhance your marketability and
job security: 
CFE is one of today’s most
marketable credentials. Auditors with CFE certification in South Africa are
three times more likely to get good opportunities. 

4.   Gain professional visibility and
credibility: 
CFE certification is accepted
globally as the standard of excellence in the anti-fraud profession. Certified
fraud examiner is more likely to handle their assignments with a higher level
of competence and confidence and hence take them more seriously. 

5.    Distinguish from peers: CFE credential is recognized in the promotion and hiring of leading
organizations. CFE certification is a source of bragging rights for
professionals who work in an environment that require knowledge of fraud
examination. It showcases self-awareness, conscious, and sincere acquisition of
relevant skills by a person.

6.     Self Adequacy and
happiness: 
CFE course is not only important
for reasons like an increase in pay scale, reasonable job offers, and
promotional opportunities. It is also essential for intrinsic reasons. It is a
course that positively impacts the happiness index and health of the person. A
CFE professional feels more self-adequate, leading to a better sense of purpose
and achievement.

7.   Patriotic feel: As a patriotic South African, you must equip yourself with the CFE
skills to ensure that there is no misappropriation of public and private
resources.

Wrap up

CFE is a professional who
investigates fraud and resolves fraud-related cases using their expertise and
skills.

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