About the ACFE
The Association of Certified Fraud Examiners is the world's largest anti-fraud organization and premier provider of anti-fraud training and education. Together with nearly 55,000 members, the ACFE is reducing business fraud world-wide and inspiring public confidence in the integrity and objectivity within the profession.

DID YOU KNOW THAT...? 

•Certified Fraud Examiners estimate that organizations lose 5 percent of their revenues to fraud, according to the ACFE’s new 2010 Report to the Nations on Occupational Fraud and Abuse. Applied to the estimated 2009 Gross World Product, the 5 percent figure translates to a potential global fraud loss of more than $2.9 trillion (U.S.).
 
• People who commit fraud often display warning signs. The ACFE’s new global occupational fraud study, the 2010 Report to the Nations, finds that the most common behavioral red flags include living beyond one’s means and experiencing financial difficulties.The ACFE has posted the 2010 Report to the Nations on Occupational Fraud and Abuse for download on their website. For the first time, the benchmarking stats for occupational fraud include global data. It also has fraud statistics regarding detection, impact, perpetrators and a lot more.
 
• The average fraud lasts about 18 months before being detected?

Downoad the 2010 Report to the Nations on Occupational Fraud and Abuse at: http://www.acfe.com/rttn/2010-rttn.asp

The Journal of Accountancy features ACFE founder Dr. Joseph T. Wells on its cover – he’s discussing the 2010 Report to the Nations on Occupational Fraud and Abuse. You can read “Keeping Fraud in the Crosshairs” here: http://www.journalofaccountancy.com/Issues/2010/Jun/20102852.htm

The ACFE Mission
The mission of the Association of Certified Fraud Examiners is to reduce the incidence of fraud and white-collar crime and to assist the Membership in fraud detection and deterrence. To accomplish our mission, the ACFE:

• Provides bona fide qualifications for Certified Fraud Examiners through administration of the CFE Examination
• Sets high standards for admission, including demonstrated competence through mandatory continuing professional education
• Requires Certified Fraud Examiners to adhere to a strict code of professional conduct and ethics
• Serves as the international representative for Certified Fraud Examiners to business, government and academic institutions
• Provides leadership to inspire public confidence in the integrity, objectivity, and professionalism of Certified Fraud Examiners