How hard and time consuming is obtaining your CFE when compared to the CPA exam? I have my CPA license, I am just just trying to get an understanding of what I should expect if I decide to get my CFE.

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Not difficult, comparatively. There’s a test prep kit that the ACFE sells which has practice questions and final exams. There’s a slightly deeper dive into US federal laws on different kinds of fraud. I’d say the only thing I found challenging was trying to get my computer to work with their “test at home” format and software, which involved 45 minute waits for a live proctor b/c of the US time difference with India.

If you can get your company to cover the live course (3-4 days), that is the best option. They cover a section, then you take the test for that section. They grade on site, so you know if you passed or not. And if you didn’t, you have time on the last day to retake one if needed. You won’t need it. If you passed the CPA, just listening to the content is enough to then take the test and pass. The course is CPE, so most firms will cover it.

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