Certified Fraud Examiner Practice

The primary goal of fraud examination is to resolve allegations of fraud. This involves investigating potential fraudulent activities to determine whether such activities have indeed occurred. Fraud examiners gather evidence, analyze financial records, conduct interviews, and ultimately aim to substantiate or refute claims of fraud. The goal is not merely to identify fraud but also to provide clear findings that can be used in legal proceedings or to support internal company practices. Fraud examination seeks to establish the facts surrounding the allegations and provide recommendations or reports that clarify the situation.

While preventing financial loss and ensuring compliance with laws are important aspects of an organization’s overall business strategy, they are not the primary objectives of fraud examination. Financial advice is also unrelated to the core goal of resolving fraud allegations. Therefore, focusing on the thorough investigation and resolution of fraud claims is essential to the effectiveness of a fraud examiner’s role.