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ACFE CFE-Financial-Transactions-and-Fraud-Schemes Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Basic Accounting and Auditing Concepts | 15–20% | - Auditing standards and procedures - Internal control frameworks and objectives - Financial statement components and relationships - Fundamental accounting principles |
| Asset Misappropriation – Inventory and Other Assets | 5–10% | - Prevention and detection controls - Concealment of asset shrinkage - Inventory theft and misuse |
| Corruption Schemes | 5–10% | - Prevention and detection strategies - Conflicts of interest - Bribery and kickbacks - Illegal gratuities and extortion |
| Asset Misappropriation – Cash Receipts | 5–10% | - Cash skimming schemes - Prevention and detection methods - Cash larceny |
| Internal Control and Fraud Prevention | 10–15% | - Fraud risk assessment - Control testing and evaluation - Design of anti-fraud controls |
| Asset Misappropriation – Fraudulent Disbursements | 15–20% | - Expense reimbursement fraud - Electronic payment tampering - Payroll fraud schemes - Billing schemes - Register disbursement fraud |
| Financial Statement Fraud | 10–15% | - Revenue recognition schemes - Asset and liability misrepresentation - Financial statement analysis techniques - Improper disclosures |
| Other Fraud Schemes | 10–15% | - Procurement and contract fraud - Identity theft and financial crimes - Insurance fraud - Healthcare fraud - Theft of data and intellectual property |








