KASNEB CFFE study guide
KASNEB CFFE · Work through your exam, one topic at a time.
The Certified Forensic Fraud Examiner (CFFE) is a KASNEB professional qualification. KASNEB is the Kenyan State Corporation, established in 1969 under The National Treasury and Economic Planning, whose mandate includes developing syllabuses, conducting professional examinations and certifying candidates in accountancy, finance, credit, governance and management, information technology and related disciplines. The CFFE sits within that professional qualification family and addresses the work of detecting, investigating and reporting fraud. The published CFFE profile spreads assessment evenly across five domains, each weighted at 20 per cent: fraud prevention and detection; fraud investigation and interviewing; forensic accounting and auditing; law, ethics and corporate governance; and information technology and digital forensics. The KASNEB CFFE study guide has 5 sections and about 1,564 words.
01Fraud Prevention and Detection
Prevention reduces the opportunity to commit fraud before it occurs; detection discovers fraud after it has happened. Candidates must know the fraud triangle (pressure/incentive, opportunity, rationalisation), the fraud diamond (adds capability ) and the fraud scale (adds personal integrity).
298 words, about 1 min02Fraud Investigation and Interviewing
A fraud investigation follows a plan: define scope, objectives, legal authority and team; gather and secure evidence; analyse; interview; report; then pursue recovery and control remediation. Evidence must be relevant, admissible and preserved.
309 words, about 2 min03Forensic Accounting and Auditing
An audit expresses an opinion on whether the financial statements are fairly presented and gives reasonable, not absolute, assurance. A forensic engagement answers a specific question - was there fraud, how much, who benefited - for a court, board or regulator.
312 words, about 2 min04Law, Ethics and Corporate Governance
Fraud is both a crime and a civil wrong. Criminal fraud requires proof beyond reasonable doubt of the elements in the applicable statute - for example the Penal Code, the Anti-Corruption and Economic Crimes Act, the Bribery Act, the Proceeds of Crime and Anti-Money Laundering Act, or the Computer Misuse and Cybercrimes Act.
331 words, about 2 min05Information Technology and Digital Forensics
Digital evidence is fragile. Follow the forensic process: identification, preservation, acquisition, examination, analysis and reporting.
314 words, about 2 min