Fraud Examiner Job Description

by Publishing Team on January 23, 2011

The fraud examiners are responsible for preventing and detecting fraud.

The Fraud Examiners must be able to do the following task in their job function:

  • The fraud examiners form and maintain internal controls for cash flow, inventory management, and accounts payable and receivable.
  • They segregate duties, which are necessary to ensure security of incoming cash, outgoing payments, and the inventory and equipment assets.
  • They investigate the claim by interviewing all parties involved.
  • They gather evidence and analyze it.
  • They calculate the losses if fraud is discovered and prepare a written and oral report to inform the company board of the occurrence.
  • They report the fraud to the appropriate authorities as per the Sarbanes-Oxley Act.


  • The fraud examiners need a certified designation from the Association of Certified Fraud Examiners and that involves a course of study of the four key elements of fraud investigation and taking and passing a rigorous exam.
  • They should obtain a Certified Public Accountant designation in their state; the requirements for the CPA designation depend on the state’s laws.
  • They can take Certified Internal Auditor course of study and a rigorous exam on the specifics of auditing techniques and accounting standards.
  • They should have interrogation skills and needs to be aware of the legal restrictions of interrogating individuals.
  • They need to have excellent written and oral communication skills as the reports required will have to stand up to the scrutiny of being used in a court case.
  • They must be familiar with legal and court procedures, including how to testify in court using the principles of fraud examination, is also required.
  • They need experience and training in four key areas: fraud prevention and deterrence, financial transactions, fraud investigation, and the legal elements of fraud.

Leave a Comment

Previous post:

Next post: