Free Site Registration


Brought to you by:
More Accounting Tomorrow Posts

Do CFEs earn more?

Print
Email
Reprints
By Liz Gold
October 14, 2010

According to a new study, yes. The study, published in the Association of Certified Fraud Examiners new Compensation Guide for Anti-Fraud professionals, find that CPEs earn nearly 22 percent more than their non-certified colleagues in the anti-fraud profession.

The research is based on the survey responses of more than 3,000 ACFE members (both CFEs and non-CFEs) conducted by an independent research firm in May 2010. This study, for the first time, included data from members of the association outside of the United States.

“What we found most encouraging is how consistent the patterns have remained despite the economic downturn of the past two years,” Simpson said. “The pay advantage for having the CFE credential is as evident and significant as it was in our previous study.”

Findings include:
•    The CFE is especially valuable to forensic accountants, IRS agents, external auditors and management accountants. These were among the top ranking job functions that showed the highest median salary advantage for having the CFE credential, with CFEs earning 39 to 45 percent more than non-CFEs.
•    In the U.S., respondents in almost every geographic region reported that having the CFE credential increased their compensation. CFEs in the northeast U.S. region reported the highest salary premiums, earning 25 percent more than non-CFEs. Outside the U.S., CFEs earned 35 percent more than non-CFEs in the same position.
•    The majority of respondents had five years or more of fraud-related experience. More than 20 percent of the responding CFEs had more than 20 years of fraud-related experience.

To download the full 2010/2011 Compensation Guide for Anti-Fraud Professionals at http://www.ACFE.com/CompensationGuide.

0 Comments

Be the first to comment on this post using the section below.

Add Your Comments...

Already Registered?

If you have already registered to Accounting Tomorrow, please use the form below to login. When completed you will immeditely be directed to post a comment.

Forgot your password?

Not Registered?

You must be registered to post a comment. Click here to register.


Follow Accounting Today
Advertisement


Advertisement

Trends in the Accounting Profession

April 18, 2014

Jim Metzler, former AICPA vice president of small firm interests, and founder of Metzler Advisory Group, talks about how the CPA profession is changing.

Lessons in M&A: Client and Staff Retention

April 14, 2014

Transition Advisors president Joel Sinkin talks about what firms should do after a merger to retain their clients and staff members.

Are You Missing These Growth Opportunities?

April 2, 2014

Gale Crosley of Crosley + Company discusses the practice areas and international opportunities that firms often overlook in trying to grow.

Advertisement

SLIDE SHOW

Dumbest Employee Excuses for Being Late

March 31, 2014

Running a little late could have big repercussions, especially at a firm in the midst of busy season. From escaped zebras to must-see TV, employers told CareerBuilder some of the most memorable excuses they've heard from tardy employees.

Common Taxpayer Misconceptions

March 19, 2014

The NAEA’s collection of ridiculous things tax clients believe.

The 10 Fastest-Growing Firms in the U.S.

March 10, 2014

The firms with the highest 2013 revenue growth in our Top 100 Firms/Regional Leaders list.

Top 10 Tech Trends for 2014

March 3, 2014

As companies gain more affordable access to new technology and platforms, they also seek to make smarter investments.

Strangest Tax Deductions

January 31, 2014

The Minnesota Society of CPAs recently conducted its annual survey about the most strange and unusual tax deductions proposed by clients.

Advertisement
Advertisement
Advertisement