Bahrain Institute of Banking and Finance (BIBF), in collaboration with the Association of Certified Fraud Examiners (ACFE), is launching the Certified Fraud Examiner (CFE) workshop for the first time in Bahrain from October 19 to 23.

The workshop will be held at the Crowne Plaza Hotel and will be conducted by representatives from the ACFE, including vice president and programme director D. Bruce Dorris, and vice president of education John D. Gill.

As part of the workshop, participants will be able to take the CFE exam and be accredited as an international certified examiner. CFE professionals are able to perform a variety of activities including forensic accounting, audit, consulting, and fraud and security investigations. In addition, they examine allegations of fraud, recommend anti-fraud controls, assist in the resolution of financial disputes or the valuation of assets, and are expert witnesses in financial investigations, a company statement said.

The CFE certification is awarded by the ACFE Board of Regents to professionals who have proved to possess specific knowledge in the areas of Financial Transactions and Fraud Schemes, Investigation Techniques, Legal Elements of Fraud and Fraud Prevention and Deterrence (Criminology & Ethics).

In ACFE’s 2014 Report to the Nations, findings showed that organisations employing CFEs within their governance, risk management and control structures can reduce the impact and lifetime of frauds by half.

The Association of Certified Fraud Examiners (ACFE), USA, is the world’s largest anti-fraud organisation with more than 70,000 members and is the premier provider of anti-fraud training and education. The ACFE works diligently in reducing business fraud worldwide and inspiring public confidence in the integrity and objectivity within the profession. Members of ACFE include auditors, certified public accountants, investigators, national, state and local law enforcement officers, prosecutors, security professionals, and risk and loss managers. – TradeArabia News Service