Another Batch of GAC Staff Get Certified Fraud Examiners’ (CFE) Credentials

Twenty three (23) staff of the General Auditing Commission who are on scholarships at the University of Nairobi in Kenya have successfully passed the Association of Certified Fraud Examiners (ACFE) rigorous four part examinations.  The examination conducted by the Houston, Taxes, USA ACFE covers Legal Elements of Fraud, Fraudulent Financial Transactions, Fraud Investigation and Fraud Prevention and Deterrence. The examination was conducted under the guidance of the Executive Director of the Kenyan Association of Certified Fraud Examiners in Nairobi, Kenya from 20-27 June 2012.


The 23 students are part of the 33 students currently pursuing master degrees in various disciplines ranging from Procurement and Supply Chain Management, Strategic Management and Corporate Strategy to Finance have said that the successful completion of the CFE Exams will give them the opportunity to add value to the MBA degrees they are expected to earn by December 2012 which would enable them to contribute meaningfully to the fight against fraud, waste and abuse in Public Sector Financial Management.


The certification would bring to seventy (70) the total number of GAC’s staff who have obtained the CFE designation in 2012. The certification is in line with the Five Years Strategic Plan developed by the organization to guide its operation from 2009 through 2013.


It can be recalled that on Thursday, February 10, 2012, the General Auditing Commission (GAC) certificated sixty-six (66) employees of both the Commission and the Ministry of Finance after successfully completing the Certified Fraud Examination (CFE) courses following three months of intensive training under the Executive Director of the Kenyan Association of Certified Fraud Examiners.


The Association of Certified Fraud Examiners (ACFE) represents the largest pool of anti-fraud knowledge in the world with more than 55,000 members in 165 countries.  The ACFE was founded by former law enforcement professionals who opined that the prevention and deterrence of fraud can only be realized through forging strong public and private sector relationships.