Association of Certified Fraud Examiners

Certification and registration of fraud examiners is done by the Association of Certified Fraud Examiners, which has a rigorous process requiring a first degree, two years of work in the fraud field, and passing rated exams.

“The Association of Certified Fraud Examiners. There is a South African chapter. There is a chapter in most countries in the world. And it is a very rigorous process to go through. You have to have a first degree. You have to do two years of work in the fraud field and then you have to sit exams. I think the exams are rated as NQF 8.”

The activities of certified fraud examiners are regulated by the Association of Certified Fraud Examiners, which is not a state regulator but has committees and a disciplinary committee to address misconduct.

“It is the Association of Certified Fraud Examiners. ... Not a state regulator, no. ... It is very well regulated, trust me. And they have different committees. They have a disciplinary committee. So if a certified fraud examiner has been misbehaving, he can be struck off. So it is fairly well regulated.”