What is the primary purpose of the ACFE Certified Fraud Examiner (CFE) credential?

The primary purpose of the ACFE Certified Fraud Examiner (CFE) credential is to recognize professionals who possess the knowledge and skills necessary to detect and prevent fraud. This credential highlights a thorough understanding of fraud-related issues, techniques for fraud detection, investigation methods, and prevention measures. By earning the CFE designation, professionals prove their commitment to maintaining integrity and enhancing the overall effectiveness of fraud examination practices within organizations.

This recognition not only enhances individuals' expertise in the field but also builds trust with employers, clients, and the public. The CFE credential signifies a level of professional achievement that is invaluable in combating fraud in various sectors, including corporate, governmental, and nonprofit environments.

Other options address important aspects of business practices, such as corporate governance, accounting standards, and regulatory compliance, but they do not encapsulate the specific focus on fraud detection and prevention that the CFE credential embodies.