Financial Crime & Conduct

CFE Exam Preparation Course

Prepare for the current three-section CFE examination with source-grounded fraud schemes, investigations, legal issues, prevention and deterrence study tools.

550 Practice Questions Detailed Study Notes Realistic mock exams
Certified Fraud Examiner (CFE) Exam Preparation

Course syllabus information reviewed for 2026. Always check the awarding body’s latest official syllabus and candidate updates before booking or sitting your exam. Exams Academy is an independent education provider and is not affiliated with ACFE.

CFE practice inventory

  • Three exact official-section simulations with 310 questions in total
  • Two additional integrated and mixed practice mocks
  • 430 distinct practice questions across Mocks 1-4
  • 375 source-grounded active-recall flashcards
  • 335 searchable reference items
  • Three detailed current-section summaries covering all 44 domains

Your exam preparation path

The Certified Fraud Examiner credential assesses knowledge of current fraud schemes and financial crimes, investigation and legal practice, and fraud prevention, governance, risk and ethics.

5 mock exams / unlimited practice
Self-Paced Learning
Certificate of Completion
AI Audio Summaries New

Listen to course modules on the go. Perfect for studying while driving or commuting.

🎧 Audio

* This is a chapter sample. All audio is available in the full version.

Free Topic Quiz & Key Practice Questions

Try 15 questions from Asset Misappropriation: Fraudulent Disbursements

This preview shows one part of the course. Try this short topic quiz and unlock the full course for complete mock exams and full coverage.

Asset Misappropriation: Fraudulent Disbursements

Which statement best describes Billing scheme?

1 / 15

CFE preparation aligned to the current three-section examination

The current Certified Fraud Examiner examination is delivered as three separately timed sections. Fraud Schemes and Financial Crimes contains 120 questions in 150 minutes, Fraud Investigations and Legal Issues contains 120 questions in 150 minutes, and Fraud Prevention and Deterrence contains 70 questions in 90 minutes. Candidates must earn at least 75% in every section.

This course follows the current 2026 content outline across all 44 published domains. The supplied CFE review workbook provides the technical foundation, while the latest official ACFE content outline and candidate handbook control the current structure, terminology, weighting and assessment rules.

Practise each official section before mixed retrieval

Mocks 1-3 reproduce the exact question count and time limit of the three official sections. Mock 4 is an additional integrated 120-question rehearsal across the current blueprint, and Mock 5 is a mixed retrieval paper sampled evenly from the first four mocks. The two additional mocks are course practice tools and are not presented as extra official ACFE exam sections.

The learning toolkit also includes 375 active-recall flashcards, 335 searchable reference items, detailed section summaries and an AI tutor grounded in the same source material. Every mock answer includes an explanation and its current examinable domain so you can return directly to the weak area.

Exam Format & Details

Assessment Three separately timed, closed-book multiple-choice sections delivered through Prometric
Duration 120 questions in 150 minutes; 120 questions in 150 minutes; 70 questions in 90 minutes
Standard Pass Mark At least 75% in each of the three separately scored sections

Preparation Package at a Glance

Feature Exams Academy Details
Access Period
Lifetime Access
One-time enrollment with no recurring fee
Practice Exams
Unlimited Retakes
Three exact official-section simulations with 310 questions in total
Study Support
Instant 24/7 AI Tutor
Self-service AI support; live instructor support is not included
Cost
$189 (One-Time)
One-time payment with no recurring subscription

Key Benefits

Three Exact Section Simulations

Rehearse the current official question counts and time limits before test day.

  • 120 Schemes and Financial Crimes questions in 150 minutes.
  • 120 Investigations and Legal Issues questions in 150 minutes.
  • 70 Prevention and Deterrence questions in 90 minutes.

Current 44-Domain Coverage

Study the published 2026 blueprint rather than the older four-book exam structure.

  • Twenty schemes and financial-crime domains.
  • Sixteen investigation and legal domains.
  • Eight prevention, governance, risk and ethics domains.

Active Recall and Fast Reference

Turn detailed fraud-examination concepts into repeatable daily revision.

  • 375 source-grounded flashcards.
  • 335 searchable concepts, official facts and exam traps.
  • Detailed summaries with current domain allocations.

Source-Grounded AI Tutor

Clarify close distinctions across schemes, evidence, interviews, controls and ethics.

  • Grounded in the supplied workbook and current official outline.
  • Distinguishes red flags, evidence, findings and legal conclusions.
  • Connects answers to the matching current exam domain.
New course feature

Learn first. Then prove you’re ready.

Use the same question bank in two different ways: build understanding with instant feedback, then switch to a realistic simulation when you are ready.

Study Mode

Instant feedback & explanations

Choose an answer, see immediately whether it is right or wrong, and read the explanation before moving on.

  • Feedback after every choice
  • The correct answer shown clearly
  • A concise explanation while it matters
Exam Mode

Realistic exam simulation

Work against the official-style timer without revealing answers, then review your score and every explanation after submission.

  • Timer mirrors the exam duration
  • Answers stay hidden during the attempt
  • Score and explanations after submission

Syllabus

Module 1: Fraud Schemes and Financial Crimes 120 marks out of 310

🎧 Audio

Accounting and financial-statement fraud, asset misappropriation, corruption, money laundering, cyberfraud and other current financial-crime schemes.

  • Accounting Concepts
  • Financial Statement Fraud
  • Asset Misappropriation: Cash Receipts
  • Asset Misappropriation: Fraudulent Disbursements
  • Asset Misappropriation: Inventory and Other Assets
  • Corruption
  • Theft of Data and Intellectual Property
  • Identity Theft
  • Financial Institution Fraud
  • Money Laundering
  • Securities Fraud
  • Payment Fraud
  • Insurance Fraud
  • Health Care Fraud
  • Consumer Fraud and Scams
  • Bankruptcy Fraud
  • Tax Fraud
  • Cyberfraud
  • Government and Public Sector Fraud
  • Procurement Fraud

Module 2: Fraud Investigations and Legal Issues 120 marks out of 310

Examination planning, evidence, data analysis, information sources, asset tracing, interviews, covert operations, legal systems, reporting and testimony.

  • Planning and Conducting a Fraud Examination
  • Legal Issues in Conducting Investigations
  • The Law Related to Fraud
  • Basic Principles of Evidence
  • Collecting Evidence
  • Data Analysis and Reporting Tools
  • Sources of Information
  • Tracing Assets
  • Interview Theory and Application
  • Admission-Seeking Interviews
  • Covert Operations
  • Report Writing
  • Overview of the Legal System
  • Criminal Prosecutions
  • Non-Criminal Actions
  • Testifying

Module 3: Fraud Prevention and Deterrence 70 marks out of 310

Financial-crime foundations, governance, management and auditor responsibilities, prevention programs, fraud-risk assessment, risk management and professional ethics.

  • Understanding Financial Crime
  • Corporate Governance
  • Management's Fraud-Related Responsibilities
  • Auditors' Fraud-Related Responsibilities
  • Fraud Prevention Programs
  • Fraud Risk Assessment
  • Fraud Risk Management
  • Ethics for Fraud Examiners

Who Is This For?

Professionals preparing for the Certified Fraud Examiner examination
Fraud investigators, forensic accountants and internal auditors
Compliance, financial-crime, risk, legal and corporate-security professionals
Public-sector investigators and professionals moving into fraud-examination roles

Career Outlook & Value

Target Roles
Fraud ExaminerFraud InvestigatorForensic AccountantInternal AuditorFinancial Crime or Compliance Specialist
Salary Expectation
Compensation varies materially by jurisdiction, experience, employer and role; the credential is used across private, public and nonprofit investigations.

"The CFE body of knowledge connects scheme recognition, evidence-led investigation and practical fraud-risk prevention in one globally recognised professional pathway."

Preparation centre

Use these connected guides for the syllabus, exam format, booking and revision strategy.

View all insights

Frequently Asked Questions

The current examination has three separately timed multiple-choice sections: 120 questions in 150 minutes for Fraud Schemes and Financial Crimes, 120 questions in 150 minutes for Fraud Investigations and Legal Issues, and 70 questions in 90 minutes for Fraud Prevention and Deterrence.

The current candidate handbook requires at least 75% in each section. A higher result in one section does not offset a score below 75% in another.

The current format has three sections. Older CFE study materials were organised into four books, but the current official content outline combines investigations and legal issues into one separately timed section.

Yes. Mocks 1-3 match the exact current section question counts and time limits. Mocks 4 and 5 are clearly identified additional course practice, not extra official sections.

Yes. The course maps the supplied technical source to all 44 domains in the official 2026 CFE Exam Content Outline, effective from 2 June 2026.

No. The current sections are closed book and must be completed independently under live Prometric proctoring.

Exams Academy is an independent education provider and is not affiliated with or endorsed by ACFE. ACFE remains the authority for eligibility, certification, scheduling and examination policies.

You receive lifetime access to the current course content with no recurring subscription fee.

Yes! Test your knowledge and see our AI tutor explanations with the free Certified Fraud Examiner (CFE) Exam Preparation Topic Quiz below. It contains 15 questions from one named topic and is not a full mock exam or overall readiness assessment.

Ready to Pass Your Exam?

Prepare for the current CFE exam with three official-section simulations, active recall, flashcards and a course-grounded AI tutor.

Certified Fraud Examiner (CFE) Exam Preparation
$189 $440 -57%