July 2016

TIP #1 - Preparing for the CFE Exam begins with a conscious decision to start studying. We recommend that you begin studying with your strongest area to develop a comfort level with the material and the Prep Course process. To begin a session, select one of the four main sections and, begin answering the questions. After you choose an answer and click the Submit Answer button, the answer you chose, along with the correct answer, will be displayed on the screen. 

TIP #2 - You should guess when you are not sure. Why? Because if there are four possible answer options, you have a one-in-four chance of getting that question right. If you have ruled out one or two options as wrong, your chances are even higher of getting that question right. But if you do not guess, you have no chance at all. If you guess five times, you might get one or two more right.

TIP #3 - It's not necessary to purchase any additional reference books. The Fraud Examiners Manual gives you a detailed explanation of the answer to each study question.

 

 

In this video, ACFE Vice President - Education, John D. Gill, J.D., CFE, offers advice on how to take advantage of the Fraud Examiners Manual, which is included with your CFE Exam Prep Course.

 

TIP #4 - Motivation. Make sure that you prepare well in advance before taking the CFE Exam so that you can focus all your energy on doing well. Follow up on the priorities you have set for yourself, and don't let others, or other interests, distract you from achieving your goal of becoming a CFE.