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ACFE CFE-Law (Certified Fraud Examiner) certification exam is an internationally recognized credential for professionals who specialize in fraud prevention, detection, and investigation. Certified Fraud Examiner certification is designed to equip professionals with the knowledge and skills needed to identify and prevent fraud in various industries, including finance, healthcare, government, and more.
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ACFE CFE-Law Exam is a comprehensive test that covers a wide range of topics related to fraud prevention and detection. CFE-Law exam is divided into four sections, which include fraud prevention and deterrence, financial transactions and fraud schemes, investigation, and law. Each section of the exam is designed to test the knowledge and skills of the candidate in a specific area of fraud examination.
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To be eligible for the CFE-Law certification, candidates must have a bachelor's degree from an accredited institution and have a minimum of two years of professional experience in fraud examination, law, or related fields. CFE-Law exam covers four main areas: financial transactions and fraud schemes, law, investigation, and fraud prevention and deterrence. CFE-Law exam consists of 400 multiple-choice questions and must be completed within a four-hour time frame.
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ACFE CFE-Law Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Rights of Individuals During Investigation | 15% | - Constitutional protections - Attorney-client privilege and work product doctrine - Rights of employees and suspects |
| Legal Systems and Framework | 20% | - Civil vs. criminal law - Administrative and regulatory law - Overview of legal systems |
| Litigation, Testimony and Enforcement | 20% | - Civil actions and remedies - Criminal prosecution process - Testimony and expert witness standards |
| Fraud-Related Laws and Offenses | 25% | - Money laundering and related offenses - Bankruptcy, securities, and tax fraud - Anti-corruption laws (e.g., FCPA) - Elements of fraud |
| Evidence and Legal Procedure | 20% | - Collection and preservation of evidence - Principles of evidence - Admissibility and exceptions (e.g., business records) |
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