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CFE Exam Pass Rate, Format & Study Guide

A real reference for anyone preparing for the Certified Fraud Examiner (CFE) Exam — Association of Certified Fraud Examiners (ACFE) exam — pass rate, retake policy, how it's scored, and a practical study timeline. This is independent reference content, not a sales page: everything below is sourced from CFE Exam's own certifying body.

What the CFE Exam exam is

The ACFE CFE exam content outline (updated May 2026) and exam FAQ describe 310 multiple-choice and true/false questions with 390 minutes of testing time. The pass rule is at least 75% correct in each section. The outline lists 44 topics; the heaviest include Fraud Risk Assessment (4.5%), Asset Misappropriation: Fraudulent Disbursements (4.8%) and Collecting Evidence (4.2%).

Why it matters

The CFE is the ACFE credential for anti-fraud professionals in audit, investigation, compliance and law enforcement.

Who this exam is for

Auditors, investigators, compliance staff and accountants who are preparing for the CFE exam.

Pass rate

The certifying body does not publicly publish an official pass rate for this exam. Be wary of third-party sites citing a specific number here — treat any pass-rate claim you see elsewhere for this exam as unverified.

If you don't pass — retake policy

Retake rules and limits are set by ACFE; check the current CFE exam FAQ before you reschedule.

How it's scored

The pass rule is at least 75% correct in each section; the single percent score in the portal mock is only a self-check and does not show the per-section result. Format: 310 multiple-choice and true/false questions in 6 hours 30 minutes; the portal mock uses 310 questions in 390 minutes. No official pass rate is available for this exam, so none is quoted here.

Format at a glance

Format: 310 multiple-choice and true/false questions · 6 hours 30 minutes · at least 75% correct in each section
Real exam cost: Membership and exam fees are set by ACFE; confirm the current amounts on the ACFE site

The ACFE CFE exam content outline (updated May 2026) and exam FAQ describe 310 multiple-choice and true/false questions with 390 minutes of testing time. The pass rule is at least 75% correct in each section. The outline lists 44 topics; the heaviest include Fraud Risk Assessment (4.5%), Asset Misappropriation: Fraudulent Disbursements (4.8%) and Collecting Evidence (4.2%). 310 multiple-choice and true/false questions · 6 hours 30 minutes · at least 75% correct in each section. The pass rule is at least 75% correct in each section; the single percent score in the portal mock is only a self-check and does not show the per-section result.

Full eligibility requirements and everything the CFE Exam study portal includes is on the CFE Exam product page.

What each domain actually tests

The topic weights are those of the ACFE CFE exam content outline (May 2026); they are too numerous for a chart.

Eligibility requirements, in full

ACFE publishes the membership, education, experience and exam requirements for the CFE credential on its CFE pages. Read the current requirements there before you apply.

What it actually costs

ACFE charges membership dues and exam fees. The amounts change, so no figure is quoted here; confirm them on the ACFE site.

Keeping the credential — maintenance & recertification

Holding the CFE involves ACFE continuing professional education and annual dues; check the current ACFE rules.

How to actually prepare

Work through the fraud schemes first, then investigation and evidence, the law, and prevention and risk assessment, and finish with timed full-length runs.

What's changing (2026)

This guide follows the ACFE CFE exam content outline (updated May 2026) and the ACFE exam FAQ, checked October 31, 2026. Fees and policies can change.

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See the CFE Exam study portal

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