Many accountants become certified fraud examiners due to the less rigorous requirements of becoming a certified public accountant.

Question

Quizplus · Accepted Answer

The requirements to become a Certified Fraud Examiner (CFE) are actually more rigorous than those to become a Certified Public Accountant (CPA). In order to become a CFE, one must have a bachelor's degree, at least two years of relevant professional experience, pass a four-part exam, and adhere to a code of ethics. In comparison, the requirements to become a CPA vary by state but generally include a bachelor's degree, 150 credit hours of education, passing the CPA exam, and meeting work experience requirements.

Many Accountants Become Certified Fraud Examiners Due to the Less