About ACFE

India Chapter

The Association of Certified Fraud Examiners (ACFE) India Chapter is an affiliate of ACFE USA, dedicated to promoting anti-fraud education and fostering a network of fraud prevention professionals across India.

Established in 1994 in the capital city of New Delhi, the India Chapter offers training for the CFE certification and other related fraud detection and prevention courses. It aims to build a thriving community of professionals involved in fraud prevention, investigation, and forensics.

The ACFE India Chapter organizes various events, including seminars, webinars, and educational sessions, to enhance the skills and knowledge of its members. These events provide opportunities for networking, learning about the latest fraud investigation techniques, and staying updated with new case studies. Members can also earn Continuing Professional Education (CPE) credits through these activities.

In addition to training and events, the India Chapter supports the professional development of its members by providing access to valuable resources and a platform for collaboration. The chapter’s efforts align with ACFE’s global mission to reduce fraud and corruption through best-in-class training and a dynamic, global community of anti-fraud professionals.

The India Chapter has and continues to partner with regional organizations and with other ACFE chapters to provide training to professionals outside India. Some of them include the following:

  • Provided training to Law Enforcement Officials of Government of Fiji organized by Fiji Independent Commission against Corruption.
  • Conducted training for Finance Officials from National Development Bank of Mauritius, Air Mauritius, and Revenue Officials in Mauritius in collaboration with the ACFE Port Louis Chapter.
  • Conducted seminars and hands on training for Banking Officials of Siddhartha Bank, a well-known Bank of Nepal in its capital city of Kathmandu.
  • The India Chapter has also the distinction of being represented at various Committees of Association of Certified Fraud Examiners USA which includes International Fraud Committee, Ritchie Jennings Scholarship Committee, and Higher Education Committee.

The chapter has signed two Memorandum of Understanding (MOU) with two prestigious institutions:

  • National Forensic Science University (NFSU), a premier and India’s first forensic studies university located in Gandhinagar in the State of Gujarat, and
  • Indian Institute of Public Auditors of India, a premier institution and the Centre of Excellence in the field of Public Auditing, Accountability and Public Finance.

The chapter’s aim with these MOUs is to foster research, training and upgrading of skills of students as well as professionals in the field of forensics, accounting, auditing, and accountability.

Our significant milestones for being recognized as a professional body within India have been the following:

  • The chapter to its credit organized a National Convention in the year 1996 in Hotel Le Meriden which was widely covered by the National Media. The National Convention was inaugurated by then Secretary Ministry of Law and Justice, and the participants were from the private sector and public sector.
  • Mr. V.K Shunglu, Comptroller and Auditor General (CAG) of India was conferred with a Lifetime Achievement award by the India Chapter.
  • The Chapter has submitted a detailed proposal to the Parliamentary Committee of Government of India in 2012 envisaging a provision in the Companies Act 2013 for Forensic Audit by Qualified Forensic Auditors including CFEs.

Overall, the ACFE India Chapter plays a crucial role in strengthening the fight against fraud in India by equipping professionals with the necessary tools, knowledge, and support to detect and prevent fraudulent activities effectively.

At present, the chapter has been involved in training two prestigious government organizations:

  • Central Bureau of Investigation (CBI): CFE Certification training of newly recruited Sub-inspectors.
  • Central Board of Direct Taxes (CBDT): CFE Certification training of seasoned Indian Revenue Service officers.
Please have a read at our blog/newsletter for details on these trainings and candidate testimonies!

Our story page would not be complete without mentioning our founding members and partners:

  • Mr. S.K Bansal, CFE of Bansal & Co
  • Mr. G. Kali Prasad, CFE from E&Y
  • Mr. Prasad, CFE from Indian Oil Corporation
  • Mr. S.R Bansal, CFE from Bansal & Co
  • Late Ms. Anuradha Tuli, CFE from PWC
  • Mr. Sumit Makhija CFE from E&Y
  • Mr. Chetan Dalal CFE
  • Mr. Mayur Joshi, CFE
  • Mr. Sharad Kumar, CFE and Indian Civil Service
  • Mr. Gupta, CFE from Bansal & Co
  • Mr. Mukesh Arya, CFE, Indian Civil Service
  • Late Mr. S Dhingra, CFE from Dhingra and Dhingra Chartered Accountants