TIP #1 – Budget in time to study. Studying well in advance pays off at the end. Study every day, or as frequently as your schedule allows. Study each section of the CFE Exam Prep Course with a time budget in mind.
Below are some tips on how to budget your time.
1. Decide what days will be your designated study days. Those days should not change.
2. Develop and follow a plan for getting yourself through the volume of material (Prep Course questions), starting with the section you are most familiar with.
3. Strive to answer a certain number of questions correctly during each study session. Focus on the quality of your studying rather than the length of time it takes you.
TIP #2 - Check your progress. Checking your progress after each study session allows you to identify topics to review in more detail. If you have completed studying for the day, simply end that session of the Prep Course software. The session summary screen will automatically appear (if you have answered at least one question), giving your results for the current session. The screen will display the number of questions you attempted and the number you answered correctly, as well as a percentage.
TIP #3 - Qualify for the Money-Back Pass Guarantee. To qualify for the Money-Back Pass Guarantee, you are required to answer each question at least once. In addition, you must earn a score of 85% or better on all four sections of the Practice Exam.
ACFE Vice President - Education, John D. Gill, J.D., CFE, offers advice on how to qualify for the Money-Back Pass Guarantee as you prepare for the CFE Exam.