What does ACFE stand for?

The designation ACFE stands for the Association of Certified Fraud Examiners. This organization is recognized globally for its commitment to educating and equipping professionals in combating fraud and ethical practices across various sectors. The ACFE plays a crucial role in training and developing skills necessary for fraud detection, prevention, and investigation.

Understanding the correct name is important because it reflects the organization's focus on fraud examination specifically, as opposed to broader financial examination or error control, which the other options imply. The emphasis on fraud in the name highlights the organization's primary mission to fight against fraudulent activities, provide resources, and support for professionals committed to this field. This distinction is vital for those engaged in fraud prevention as it relates directly to their training and professional development.