ICFA CRFA Exam (Certified Forensic Accountant (CRFA)) Detailed Information
Certified Forensic Accountant (
CRFA)
Issuing Organization: American Board of Forensic Accounting
Overview
The Certified Forensic Accountant, Cr.FA program assesses Certified Public Accountants (CPAs) knowledge and competence in professional forensic accounting services in a multitide of areas. Forensic accountants may be involved in both litigation support (providing assistance on a given case, primarily related to the calculation or estimation of economic damages and related issues) and investigative accounting (looking into illegal activities).
Requirements
Prerequisite
Required Education Bachelor's Degree
Required Letters of Reference 2
Required Organization Membership American Board of Forensic Accounting (ABFA)
Testing
Exam CFA Examination
Exam Cost $595
Renewal
Key Information
Renewal Requirements Continuing Education Hours
Renewal Fee $190
Fee Frequency 1 year(s)
Renewal Hours 15 hours
Hours Frequency 1 year(s)
1. I’m new to the anti-fraud and forensic accounting profession. Can I still join the ICFA?
Yes. Whether you’re an experienced anti-fraud professional or new to the field, we invite you to join. ICFA is open to all individuals of high moral character with the requisite professional interest in fraud examination.
2. Where can I get an application for membership?
You can apply directly online, download the application form through our website, or you may contact us.
3. Once I join, when can I expect to receive my membership card, membership certificate, and avail of other benefits?
You should receive your membership card and membership certificate within one month, and your first issue of the e-newsletter the month right after you applied for membership.
4. May I pay my membership dues two years at a time?
Yes. Simply note on your invoice that you are paying dues in advance.
5. How do I update my contact information?
You can update your contact information online by logging in with your username and password or you may also contact our member services team for assistance.
6. If I change jobs, does my membership “travel” with me?
Yes. Membership with the ICFA is individual rather than organizational. Since your membership is personal, it is not transferable to someone else within your organization should you leave the profession or your current employer.
7. What is a Certified Forensic Accountant (
CRFA®)?
A Certified Forensic Accountant (
CRFA®) is a professional who use a unique blend of education and experience to apply accounting, auditing, and investigative skills to uncover truth, form legal opinions, and assist in investigations. They represent the highest standards held by the ICFA and possess expertise in all aspects of the anti-fraud profession.
8. How do I know if I am eligible to become a
CRFA®?
Qualifications for becoming a
CRFA® include having high moral character and meeting minimum professional and academic requirements.
9. I already hold other certifications. Does this qualify me as a
CRFA® as well?
No. The Certified Forensic Accountant (
CRFA®) is a unique credential with its own requirements and standards. Your other certifications will be counted as part of the qualifying points system but will not automatically make you a
CRFA®.
10. Who sets the standards for
CRFA® certification?
The standards are set by the ICFA’s Board of Advisers, who are elected by
CRFA® members and drawn from our most experienced members.
11. Is the
CRFA® credential acknowledged globally?
Yes. The
CRFA® credential is acknowledged globally and preferred by employers. Becoming a
CRFA® immediately sets you apart from the competition and launches you to the top of your profession.
The Certified Forensic Accountant (
CRFA®) program is designed for fraud examiners, forensic accountants, and other corporate professionals with appropriate experience. The ICFA reserves the right to ensure an appropriate mix of participants and to refuse any applications that do not meet course entry requirements.
To become a
CRFA®:
The candidate must have at least two years of proven experience in accounting, auditing, criminology, fraud investigation, loss prevention, or law.
The candidate must complete the
CRFA® Program.
The candidate must then take and pass the assessment process and examination.
The candidate must also agree to abide by the ICFA Code of Ethics.
Lastly, the candidate must adhere to the Maintenance of Certification requirement, which consists of several Continuing Professional Development (CPD) opportunities.
