CRFA Study Guide 2026

Everything you need to pass the CRFA exam in one place: the exam format, every topic to study, real practice questions with explanations, flashcards, and full-length practice tests. Free, no sign-up needed.

📋 CRFA Exam Format at a Glance

200

Questions

240 min

Time Limit

70.00%

Passing Score

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📚 CRFA Topics to Study (36)

Fraud Examination & Financial Investigations? · 9 cards Internal Controls & Risk Assessment · 9 cards Litigation Support & Expert Witnessing · 9 cards Client Relations · 7 cards Client Relations · 7 cards Fraud Examination & Financial Investigations? · 7 cards Internal Controls & Risk Assessment · 7 cards Legal Compliance & Ethical Standards · 7 cards Litigation Support & Expert Witnessing · 7 cards Litigation Support & Expert Witnessing · 7 cards Litigation Support & Expert Witnessing · 7 cards Litigation Support & Expert Witnessing · 7 cards Money Laundering & Asset Tracing · 7 cards Regulatory Compliance · 7 cards Regulatory Compliance · 7 cards Regulatory Compliance · 7 cards Regulatory Compliance · 7 cards Risk Assessment · 7 cards Tax Strategies · 7 cards Tax Strategies · 7 cards Tax Strategies · 7 cards Tax Strategies · 7 cards Client Relations · 6 cards CrFA Digital Forensics & Data Analysis · 6 cards CrFA Digital Forensics & Data Analysis · 6 cards CrFA Digital Forensics & Data Analysis · 6 cards CrFA Valuation & Damages Calculation · 6 cards CrFA Valuation & Damages Calculation · 6 cards CrFA Valuation & Damages Calculation · 6 cards Estate Planning · 6 cards

See all 36 topics as flashcards →

✍️ Sample CRFA Questions & Answers

1. Which deposition tactic by opposing counsel is the forensic accountant most likely to face when counsel tries to show bias?

✓ Asking about the share of the expert's income that comes from testifying for one side

Questions about how much of an expert's income comes from litigation, and for which side, are a common way to suggest bias.

2. Under Chapter 8 of the U.S. Sentencing Guidelines, how can an effective compliance and ethics program affect an organization convicted of a federal offense?

✓ It can reduce the organization's culpability score and resulting fine

An effective compliance and ethics program can lower the culpability score, reducing the fine range.

3. When forensic accountants calculate damages in a breach of contract case, they typically measure:

✓ Expectation damages that place the plaintiff in the position they would have occupied had the contract been performed

Expectation damages aim to give the non-breaching party the economic benefit of their bargain by recreating the financial position they would have achieved.

4. What regulatory compliance requirement applies to estate planning?

✓ Full compliance with all applicable federal, state, and industry regulations

Full regulatory compliance is mandatory regardless of practice size, ensuring market integrity and client protection.

5. During e-discovery in a forensic accounting investigation, metadata is important because it can reveal:

✓ When a document was created, modified, or accessed

File metadata such as creation date, last modified date, and author information can help establish timelines and detect document tampering.

6. How should conflicts of interest be managed in investment analysis?

✓ Identify, disclose, and mitigate all actual and potential conflicts of interest

All actual and potential conflicts of interest must be identified, disclosed to clients, and mitigated to maintain trust and compliance.

🎯 Free CRFA Practice Tests

Internal Controls & Risk Assessment · 9 questions Litigation Support & Expert Witnessing · 9 questions Fraud Examination & Financial Investigations? · 9 questions Regulatory Compliance · 7 questions Regulatory Compliance · 7 questions Regulatory Compliance · 7 questions Client Relations · 7 questions Money Laundering & Asset Tracing · 7 questions Client Relations · 7 questions Regulatory Compliance · 7 questions

📖 CRFA Guides & Articles

Your CRFA Study Path

1. Learn with Flashcards → 2. Drill Practice Tests → 3. Take the Full Exam Simulation

🃏 CRFA Flashcards (244)🏆 CRFA Exam Simulation

What Practice Test Geeks adds beyond an AI chat for CrFA

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A timed, full-length CrFA mock exam — 200 questions in 240 minutes with a 70% pass mark, modeled on the official exam's question count and time limit, followed by a score report broken down by exam domain.
A fixed CrFA question bank: the same test every attempt, so your score is comparable from one try to the next instead of changing with every regenerated quiz.
Progress saved on your device: completed tests, scores and missed questions stay in My Progress, so you can retake only what you got wrong.
A printable CrFA cheat sheet you can print or save as a PDF.
CrFA flashcards built from the same question bank.
Free CrFA practice tests with the correct answer shown after each question.

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How this page was made: written with AI tools and published by Nathan Beja, founder of Practice Test Geeks, who is responsible for its content. Exam facts are checked against the official sources listed below. Not reviewed by a subject-matter expert. Editorial policy

Sources & references

Exam facts on this page (fees, format, dates, passing scores) are checked against these official sources; the date is our last check. Editorial policy

forensicasia.org — Renewal, fees, exam information · verified Nov 2026
crfaindia.org — Test delivery, exam format, retake fee, retake policy, time limit, score validity, exam information · verified Nov 2026