Association of Certified Fraud Examiners
ASSOCIATION OF CERTIFIED FRAUD EXAMINERS
The Association of Certified Fraud Examiners (ACFE) was established in 1988. Its founder, Joseph T. Wells, was previously a public accountant and also a special agent of the Federal Bureau of Investigation, with experience in public accounting and in heading his own consulting firm. He continues to be active in the ACFE and serves as chairman of the board of the association. As of mid-2005, there were more than 34,000 members worldwide, with approximately 120 local chapters. Over forty states in the United States have at least one local chapter.
The ACFE's mission, as stated in its official materials, is to reduce the incidence of fraud and white-collar crime and to assist the membership in its detection and deterrence. The primary means of achieving this mission are through a certification program, continuing education and training of members, and publications and a range of research activities. Local chapters provide activities to enhance professional knowledge and skills while the national office offers seminars, conferences, custom training, and antifraud materials to universities and other entities. Activities are provided at locations throughout the world.
Publications are available for those preparing for the examination for professional certification, as well as for members and others interested in extending their knowledge of fraud detection and prevention. Additionally, the ACFE provides leadership, through speeches, newsletters, and other means, in maintaining public confidence in the integrity and objectivity of its members.
Of the 34,000 members of the ACFE, more than 15,000 are certified fraud examiners. Certification requires prior experience related to detection or deterrence of fraud. Those who are certified participate in continuing educational programs.
Those seeking certification must first be associate members of the ACFE. Requirements for membership include a 10-hour computer-based examination that includes topics related to criminology and ethics, financial transactions, fraud investigation, and legal elements of fraud.
More information is available from the ACFE at its world headquarters: The Gregor Building, 716 West Avenue, Austin, TX 78701-2727; (800) 245-3321 (USA & Canada only), +1 (512) 478-9000 (phone numbers); +1 (512) 478-9297 (fax); or, http://www.cfenet.com.
see also Forensic Accounting; Fraudulent Financial Reporting
Bernard H. Newman
"Association of Certified Fraud Examiners." Encyclopedia of Business and Finance, 2nd ed.. . Encyclopedia.com. (September 25, 2018). http://www.encyclopedia.com/finance/finance-and-accounting-magazines/association-certified-fraud-examiners
"Association of Certified Fraud Examiners." Encyclopedia of Business and Finance, 2nd ed.. . Retrieved September 25, 2018 from Encyclopedia.com: http://www.encyclopedia.com/finance/finance-and-accounting-magazines/association-certified-fraud-examiners
Encyclopedia.com gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA).
Within the “Cite this article” tool, pick a style to see how all available information looks when formatted according to that style. Then, copy and paste the text into your bibliography or works cited list.
Because each style has its own formatting nuances that evolve over time and not all information is available for every reference entry or article, Encyclopedia.com cannot guarantee each citation it generates. Therefore, it’s best to use Encyclopedia.com citations as a starting point before checking the style against your school or publication’s requirements and the most-recent information available at these sites:
Modern Language Association
The Chicago Manual of Style
American Psychological Association
- Most online reference entries and articles do not have page numbers. Therefore, that information is unavailable for most Encyclopedia.com content. However, the date of retrieval is often important. Refer to each style’s convention regarding the best way to format page numbers and retrieval dates.
- In addition to the MLA, Chicago, and APA styles, your school, university, publication, or institution may have its own requirements for citations. Therefore, be sure to refer to those guidelines when editing your bibliography or works cited list.