What is a cpe credit

what is a cpe credit

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What are the CPE requirements to maintain my CFE credential?

CFEs are required to earn 20 hours of CPE per 12-month period. At least 10 hours must relate directly to the detection and deterrence of fraud, and two hours must relate directly to ethics.

What fields of study qualify for fraud-related CPE credit?

Fraud examination, forensic accounting, fraud auditing, law related to fraud, and specialized knowledge and applications used in a fraud examination generally qualify for fraud-related CPE requirements. Other fields of study may also qualify if the subject is related to the practice of fraud examination or one of its related disciplines (law, accounting, criminology and investigation methods). All ACFE events and self-study courses qualify for fraud-related CPE. Read CPE 101: Acceptable Fields of Study for a more detailed description of fraud-related CPE categories.

Can I use CPE credits earned outside of the ACFE for my CFE credential?

Yes, unlimited CPE hours per year are allowed from outside organizations, provided the education meets the criteria of one of the following categories:

Participant Credit (unlimited) – An unlimited amount of participant CPE credits may be claimed for each year. Participant credit is defined as instruction in a formal class setting. A formalized class is one that meets in a formal setting and includes:

an instructor

a written course outline

attendance that is required and recorded

One hour of credit is equal to at least 50 minutes of classroom time.

The required documentation for this credit to be accepted is a certificate of completion with the number of CPE hours attained.

College Course Credit (unlimited) – College courses may be claimed and computed at the rate of 15 hours CPE for each semester hour completed.

In some publications, Certified Education Unit (CEU) is used. In most cases one CEU is equal to (1) 15 classroom hours, (2) one college semester hour, or (3) 15 credits of CPE.

The required documentation for this credit to be accepted is a transcript with the course name and the number of credit hours

earned.

In-House Training (unlimited) – In-house training is acceptable, provided it is offered in a formalized setting and meets the above criteria for participant credit. Informal, on-the-job training may not be claimed.

The required documentation for this credit to be accepted is a certificate of completion with the number of CPE hours attained.

Self-Study Credit (unlimited) – Correspondence and self-study courses are acceptable for recommended CPE credit, provided they meet the following criteria:

The individual must pass a final examination to receive CPE credit.

A certificate of completion listing the number of CPE hours attained is issued.

The required documentation for this credit to be accepted is a certificate of completion with the number of CPE hours attained.

Instructor Credit (maximum of 10 CPE credits per year) – Instructors may claim CPE credit for the number of hours actually presented, plus a maximum of two hours preparation for each hour of presentation for the first time the material is presented. Subsequent credit for preparation of the same presentation is not permitted. Full teaching credit may be claimed in every instance the subject is taught. A maximum of 10 CPE credits per year is accepted, including preparation time and presentation time.

The required documentation for this credit to be accepted is one of the following:

Teaching a university course: A confirmation letter on university letterhead that states the name and timeframe of the class taught.

Teaching a non-university course: Written confirmation from the organization hosting the course that states the name and timeframe of the class taught. A class agenda or course brochure should also be kept for CPE records.

Author Credit (maximum of 10 CPE credits per year) – Time spent preparing articles and books related to the above-mentioned fields will be accepted for a maximum of 10 CPE credits per year.

The required documentation for this credit to be accepted is a detailed description of the book or article. It should be kept with annual CPE records.

What should CPE documentation include?

Generally, CPE documentation should include the following:

Source: www.acfe.com

Category: Credit

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