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ACFE CFE-Fraud-Schemes-and-Financial-Crimes Exam Syllabus Topics:

SectionWeightObjectives
Asset Misappropriation – Cash Receipts5–10%- Cash skimming schemes
- Prevention and detection methods
- Cash larceny schemes
Asset Misappropriation – Cash Disbursements10–15%- Payroll schemes
- Billing schemes
- Expense reimbursement schemes
- Check and payment tampering
Theft of Data and Intellectual Property5–10%- Safeguarding proprietary information
- Corporate espionage
- Data and IP theft methods
Corruption Schemes5–10%- Conflicts of interest
- Illegal gratuities and extortion
- Bribery and kickbacks
Asset Misappropriation – Non-Cash Assets5–10%- Misuse of assets
- Concealment techniques
- Inventory and equipment theft
Financial Statement Fraud10–15%- Detection and red flags
- Timing and disclosure manipulations
- Expense and liability understatements
- Revenue and asset overstatements
Accounting Concepts5–10%- Internal control fundamentals
- Recording and summarizing transactions
- Basic accounting principles
- Financial statements structure
Identity Theft1–5%- Prevention and detection
- Types and techniques
Industry-Specific Financial Crimes15–25%- Cyber-enabled and cryptocurrency fraud
- Insurance fraud
- Financial institution fraud
- Real estate and securities fraud
- Healthcare fraud

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At present, the CFE-Fraud-Schemes-and-Financial-Crimes exam's passing score is 75%, and registration costs USD 480 (includes first attempt of all 3 sections; retake: USD 110 per section). Since failing means registering again at full price, thorough preparation is the economical choice — and ACFE can revise both figures, so confirm them officially before booking.

The ACFE Certified Fraud Examiner -Fraud Schemes and Financial Crimes blueprint is built around these main domains:

  • Identity Theft (1–5%)
  • Asset Misappropriation – Non-Cash Assets (5–10%)
  • Asset Misappropriation – Cash Receipts (5–10%)

Additional domains appear in the full official outline — our bank covers them all.

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ACFE publishes these prerequisites for the ACFE Certified Fraud Examiner -Fraud Schemes and Financial Crimes: ACFE Associate Membership; minimum 40 eligibility points (education + experience + professional credentials); no prior exam required.

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ACFE Certified Fraud Examiner -Fraud Schemes and Financial Crimes Sample Questions:

Which of the following is NOT the reason to bribe employees of the purchaser?

  • A. To falsify the bid log
  • B. To ensure receipt of a late bid
  • C. To ensure bid-splitting
  • D. To extend the bid opening date
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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In Cressey's fraud triangle, its three legs are Opportunity, Pressure, and:

  • A. None of the above
  • B. Violation
  • C. Isolation
  • D. Rationalization
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for ExamPrepAway members. You can sign-up / login (it's free).

Which of the following is not a skimming scheme?

  • A. Theft of checks through the mail
  • B. Fraud & Cost
  • C. Understated sales and receivables
  • D. Unrecorded sales
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for ExamPrepAway members. You can sign-up / login (it's free).

Which of the following can constitute a bribe, even if the illicit payment is never actually made?

  • A. Offering a payment
  • B. Overbilling in payment
  • C. Kickback payment
  • D. Corruption in payment
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Once the expense account is closed, it becomes a historical item and probably will never be reviewed again.

  • A. True
  • B. False
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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