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Patriotic reasons

As a Kenyan patriot, it is your responsibility to equip yourself with CFE skills so that you can play a role in President Uhuru's Big 4 program. As a CFE, you can play a role in ensuring that the misappropriation of public and private resources is reduced. The Big 4 builds on reports from investigative and judicial agencies such as the Office of the Director of Public Prosecutors (ODPP), the Office of the Director of Criminal Investigations (DCI), the Office of the Ethics and Anti-Corruption Commission (OEACC), among the others

Self-sufficiency and happiness

The CFE course is not only important for extrinsic reasons such as wage increases and promotional opportunities, but it is also important for intrinsic reasons. A professional with CFE feels more independent and this leads to a better feeling of accomplishment and purpose. In essence, this is a course that can have a positive impact on your happiness index and your health

Introduction to ACFE CFE Certification Exam

The accounting profession requires workers to become students throughout their lives, keeping up to date with the latest laws and regulations governing their field. For this reason, many accountants specialize in a sub-area, such as fraud. Fraud costs companies billions of dollars every year, and as criminals get smarter, companies must do it too. To prevent and detect fraud, companies turn to industry experts called Certified Fraud Examiners (CFE). In the late 1980s, the Association of Certified Fraud Examiners (ACFE) launched the CFE certification. Since then, fraud examiners around the world have obtained this certification to learn about the best fraud prevention practices and advance their careers. CFEs have specialist accounting skills and a deep understanding of how criminals attempt to defraud businesses. This article explains what a CFE is and how to become a certified fraud examiner. At the end of the article, you can read an interview with a practicing CFE. >> Valid Braindumps CFE Ppt <<

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ACFE Certified Fraud Examiner Sample Questions (Q17-Q22):

NEW QUESTION # 17
_________ assumes the business will go on indefinitely in the future.

• A. Cost
• B. Fair value
• C. Materiality
• D. Going concern

Answer: D Explanation:
Section: Financial Transactions and Fraud Schemes
NEW QUESTION # 18
How many accounts are affected in fraudulent accounting entries and therefore same number of categories on the financial statement?

• A. One
• B. More than two
• C. None of above
• D. At least two

Answer: A
NEW QUESTION # 19
One reason employees might be hesitant to use PO boxes in shell company schemes is that some businesses are specially vary of sending checks to vendors that have street addresses only.

• A. True
• B. False

Answer: B Explanation:
Section: Fraud Prevention and Deterrence
NEW QUESTION # 20
A special scheme in which employees know their employer is seeking to purchase a certain asset and take advantage of the situation by purchasing the asset themselves is:

• A. Turnaround sale or flip
• B. Conflict of interest in sale
• C. Unauthorized sale
• D. Written sale of unique assets

Answer: A
NEW QUESTION # 21
One final means of concealing a register scheme, as with many kinds of fraud, is to destroy all records of the transaction.

• A. True
• B. False

Answer: A Explanation:
Section: Investigation
NEW QUESTION # 22
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