What is the role of a Certified Fraud Examiner (CFE)?

The primary role of a Certified Fraud Examiner (CFE) is to identify and prevent fraud. CFEs are specifically trained in the dynamics of fraud, including detection, investigation, and prevention techniques. They employ a variety of skills—from understanding financial documents to utilizing various investigative techniques—to uncover fraudulent activities and assess vulnerabilities in organizations. By focusing on the identification and prevention of fraud, CFEs help organizations protect their assets, maintain integrity, and uphold ethical standards.

While managing financial risks, conducting employee training, and overseeing audits are important functions within an organization, they do not encapsulate the unique focus and specialized expertise that CFEs provide in tackling fraud. CFEs may contribute to these areas, but their distinct competency lies in fraud-related investigations and preventative measures. This makes their primary duty centered on identifying and preventing fraud.