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Subject Topic: CFE Exam Prep? (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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DTR rex
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Joined: 27 Feb 2012
Online Status: Offline
Posts: 3
Posted: 14 Mar 2012 at 01:15 | IP Logged  

Hey all,

Next month I am going to be finding myself transitioning
between jobs and I'll have a good amount of downtime. I
figure this downtime would be a great opportunity to
knock out a quick exam I've always wanted to get (CFE)
before I start diving head-first into the CPA this
summer.

The problem is, I don't have the money to drop of the
ACFE software prep... between registration, exam fees,
and software you're looking at over $1,000.

I found the handbook and manual on Amazon for under $300
and it's my understanding that these are the primary
materials needed for the exam.

Can anyone comment on the potential of passing the CFE
exam using only the handbook and manual and MC practice
questions... essentially skipping the review software?

I understand it's a lot of material but I'll have about a
month of downtime and be able to study 20+ hours a week
so I was hoping it would be quite doable.

Thanks in advance for any input!
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jonus21
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Joined: 28 May 2009
Location: United States
Online Status: Offline
Posts: 85
Posted: 16 Mar 2012 at 15:58 | IP Logged  

You can absolutely pass the exam with just the manual and
practice questions. The issue is the amount of retention
you'll have while working through the material. The CFE is
child's play after you have your CPA since so much of the
information is similar to the CPA exams but you'll be
tackling it before getting your CPA so it will be a bit
tougher. I suppose the good news is that the CFE will be
good practice and a good learning tool as you'll be able to
use many of the concepts when you start the prep for the
CPA exams.

__________________
CPA
CFE
Working on MBA at Duke
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