The CFE Exam is available in CD-ROM, electronic download or online format, which can be taken any time during the year.
Each section, which contains 125 questions, should be accomplished in a maximum of 2.6 hours and each question has a time limit of 75 seconds. Although total exam time is approximately 10 hours, CFE applicants have 30 days from initiation of the exam program to finish.
All four sections are not required to be completed at once and can be taken at their own convenience, but each section must be accomplished in one sitting.
A notification of pass or fail will be released via email within 3 to 5 working days. A candidate must score at least 75 percent on each section to pass the CFE exam.
In order to ensure the integrity of the testing process, the ACFE Board of Regents presides over the exam process and the exam scores are only released when an individual have not achieved the passing rate.
Failed exam sections may be paid for and retaken as many times as necessary, as long as members pass all four sections in three consecutive attempts.
Once your exam and credentials are reviewed and approved by the ACFE Certification Committee, you will officially become a Certified Fraud Examiner.