What is the Certified Financial Examiner Exam?
The Certified Financial Examiner (CFE) certification is offered by the Institute of Internal Auditors designed (IIA) and is for professionals working in the financial services sector. This certification demonstrates a deep understanding of financial systems, risk management, internal controls, and audit procedures. Earning this certification showcases that you possess the knowledge and skills necessary to assess the financial health and regulatory compliance of financial institutions.
The CFE exam is a comprehensive assessment that evaluates candidates on various aspects of financial examination, including risk assessment, auditing procedures, regulatory requirements, and more. It's a credential highly sought after by employers in the banking, insurance, and other financial services sectors, making it an important step in advancing your career in finance.
The CFE Exam Structure
The CFE exam is divided into four primary areas:
1. Financial Accounting and Reporting
This section tests your understanding of accounting principles, financial statements, and reporting requirements. You'll need to demonstrate proficiency in understanding how financial transactions are recorded and reported, and how to assess an organization's financial health based on these reports.
The Certified Financial Examiner (CFE) certification is offered by the Institute of Internal Auditors designed (IIA) and is for professionals working in the financial services sector. This certification demonstrates a deep understanding of financial systems, risk management, internal controls, and audit procedures. Earning this certification showcases that you possess the knowledge and skills necessary to assess the financial health and regulatory compliance of financial institutions.
The CFE exam is a comprehensive assessment that evaluates candidates on various aspects of financial examination, including risk assessment, auditing procedures, regulatory requirements, and more. It's a credential highly sought after by employers in the banking, insurance, and other financial services sectors, making it an important step in advancing your career in finance.
The CFE Exam Structure
The CFE exam is divided into four primary areas:
1. Financial Accounting and Reporting
This section tests your understanding of accounting principles, financial statements, and reporting requirements. You'll need to demonstrate proficiency in understanding how financial transactions are recorded and reported, and how to assess an organization's financial health based on these reports.