Preparing for the CAME Uniform Examination

CAME Uniform Examination
CAME Uniform Exam
Imran Mohmed who successfully completed his Certified Anti Money Laundering Expert in 2016, writes about his study experience.

The Certified Anti Money Laundering Expert (CAME) qualification is one of the most sought after certification in the compliance domain in India. Students who clear the Uniform CAME Exam, held by the Indiaforensic Center of Studies, are typically requied in the banking sector companies.
Passing the exam is not as difficult as it sounds hence i am providing some tips for my fellow colleagues to complete the examination in first attempt itself.
Here are tricks that helped me clear the CAME Uniform Examination in the first attempt:
1. How to Study: Regular and quality studies are a must. Most of the times it doesn’t matter how much you study, but how much you can grasp while studying. It is important that you follow a systematic study routine.
2. Study Material: It is imperative that you read the reference books in addition to the Study material provided by the Indiaforensic. Practical knowledge and discussions with the professionals who cleared this certification help to add your knowledge, but self-study is of utmost importance in this course. T
3. Giving equal importance to all chapters: Students usually neglect chapter/s they dislike and devote more time to chapters they find interesting. It is imperative to concentrate on all chapters.
4. Making Notes: Making notes, and having pointers for each chapter/ answer helps a student immensely, since it is practically impossible to go through the entire portion one day before the exam.
5. Preparation exams: A student is advised to refer the preparation test utility provided by the Indiaforensic Center of Studies at home. This utility compiles the questions which appeared in the past examinations. The utility is said to have been updated every quarter. This utility help the students to manage exam pressure and time while writing the exam. However, students should not rely solely on this utility as only 75% of the questions may be repeated and 25% of the questions would be from outside the prep test utility.

90 Days of Rigorous Study brings you CAME

quick tricks

Certified Anti Money Laundering Expert program is one of the most important credentials in the Compliance domain and the beauty of this course is that it takes only 90 days to be a professionally qualified member.But its not as easy as it sounds, when it comes to writing the exam.

I personally liked this Certification because of two reasons

  1. The process is quick, you can appear for the examinations in 90 days after registration
  2. Indiaforensic provides the utility for examination preparation.

Here are some quick tricks on completing the CAME certification in 90 Days.

  • You must spend about 5 hours per week on the CAME Exam Prep Course.
  • You may study the sections in any order you choose.
  • Because of the short time frame of preparation, I recommend studying one section at a time; this will allow you to stay focused.
  • Here is one very interesting tip, it is not necessary to pre-read the Anti-Money Laundering Manual if you are studying to complete the CAME Prep Utility in 90 days.
  • In order to gain understanding of the concepts related to Money Laundering, it is always beneficial to complete the reading of the Study material provided by Indiaforensic, as there is no guarantee associated with the CAME Prep Utility that the Uniform CAME Examination would be based on these questions. The Indiaforensic reserves the rights to change the questions any time and in my opinion this is one of the best challenge.
  • Continue to answer each question in each section to the best of your knowledge until all of the questions are answered and the required amount of study time in each section has been completed.

 

Uniform Certified Anti Money laundering Expert Exam

certified anti moneylaundering expertCertified Anti Money laundering Expert is the flagship compliance program offered by Indiaforensic Center of Studies. It was enacted in 2010 for creating the awareness and to assess the AML related skillsets.

Here you can take the Global Certification examination on Anti Money Laundering conducted and moderated by the Riskpro Learning.

Please enter your credentials to start the examination.

If you have not received the credentials to start the exam please write to us on education [at] indiaforensic [dot] com or talk to us +91-9766594401

Please ensure that Flash is installed on your Computer

Please wait till the score is transmitted to Education team of Indiaforensic

Forensic AML Compliance and Fraud Certifications

Forensic AML Compliance and Fraud Certifications

Indiaforensic- Brand which started the first forensic accounting certification in India

Brand which started first forensic accounting Certification
Brand which started first forensic accounting Certification

Indiaforensic started its first certification in the year 2005. With a nationally recognized Indiaforensic certifications, you hold the power to move ahead in your career, increase your earning potential and add value to any enterprise. Indiaforensic offers the following certifications Continue reading

Adding CFAP after your name

Certified Forensic Accounting Professional

Certified Forensic Accounting ProfessionalCertified Forensic Accounting Professional (CFAP) is a leading Global certification in forensic accounting domain. Acquiring this certification will enable you to become a specialist in forensic accounting and auditing. The certification to become a CFAP is provided by the Indiaforensic Center of Studies, and the Forensic Accounting Research Foundation then regulates the certification after it is attained. The CFAP is responsible for providing investigative accounting and litigation support in the area of corporate fraud. A CFAP may also investigate embezzlement, money laundering, asset concealment and/or debt concealment.

Adding CFAP after your name

Having a CFAP after your name provides you with an elite status that only those who have scored at least 75% on the Indiaforensic Center of Studies examinations are able to receive. You will find hundreds of proud professionals on linkedin adding CFAP after their name.

But having the certification isn’t enough; you must qualify every year to keep your certification valid. In order to retain your certification, you must complete 2 hours of training each year. You must also follow the by-laws and code of conduct of the Indiaforensic Center of Studies.

There is a high demand for this certification, so in order to continue the focus of keeping the exceptional quality standards for the CFAP in tact, select few are chosen to take this examination. Students are chosen in accordance to pre-defined parameters and students successfully completing the required number of points will be invited to complete the application and registration process.

To become eligible for taking the CFAP Examination, you must have at least 45 points towards the CFAP Program, retaining 10 points for each year of education and 5 points for each year of verifiable work experience. In other words, any graduate student with at least 3 years of experience is eligible to take the CFAP examination.

The cost of the CFAP course and certification are about $405 USD and scholarships are available. Scholarships are paid annually and are only available to Indiaforensic members. In order to become eligible for a scholarship you must complete the application and submit the coordinating documentation, which includes a candidate profile, a 1000 word essay, and recommendation letters. The management team at Indiaforensic will choose the candidates from the submitted applications and those candidates will receive a one-time scholarship to put towards the fees associated with the CFAP Program.

The CFAP course is split into 5 topics that deal with forensic accounting in India. These topics are:

  • Classification of the Corporate fraud schemes based on the Indian schemes of fraud
  • Understanding the red flags of the corporate fraud schemes
  • What one should do to prevent the corporate frauds
  • How these frauds can be investigated
  • Which are the tools used in investigating the frauds.

Topics, schemes and tools are regularly updated to keep this program up to date.

Obtaining your certification to become a CFAP offers you the opportunity to be known as a specialist in your field. The extensive training and continued education necessary to achieve your certification are recognized around the world. Without the certification, you will be disqualified from being hired by reputable employers. Choosing this career path can be quite lucrative with highly experienced CFAP’s earning 6 figure salaries. Options for employment can include Banking, Law Enforcement, Governmental Agencies such as SFIO and SEBI and many companies in Private sector. This type of employment can not only be extremely satisfying financially, it can also be very rewarding for already high your moral standards. The work is not only personally gratifying, but it is also valuable.

Existing CFAP – Claim your profile

If you are already a Certified Forensic Accounting Professional and want to be featured on Indiaforensic website then you should claim your feature by clicking here.

If you have not completed your CFAP and would like to be a part of the network of forensic accountants on Indiaforensic website then please speak to Rajendra on 9766594401 or click here to register online. There are multiple packages available to feature yourself on the Indiaforensic website.