Officer and Board Director Roles
Eligibility
Only members in good standing of the (chapter name) and the Association of Certified Fraud Examiners (either CFE members or Associate members) are eligible to hold office. Only CFEs (those having a Certified Fraud Examiner designation in good standing) may hold the office of President, and Training Director roles of the Chapter. Associate members may hold all other roles within the chapter.
Election Process
All submissions will be reviewed for eligibility according to the chapter’s bylaws, and applicants not qualified will be notified. An official ballot will be sent to the membership via email. This email will list all the eligible candidates and the office they are seeking. The positions will be elected by a majority of the votes of the members responding to a ballot provided to all members. The chapter Board of Directors shall certify the election. Upon certification by the Board, the results will be announced to the membership via email.
Officer and Board of Director Roles
Board of Directors – The board is the governing body of the chapter and its actions are final, unless otherwise specifically provided for in the chapter bylaws. The board performs any and all duties imposed on them collectively or individually by law, the articles of
incorporation, the chapter handbook, or the chapter bylaws. The board supervises all officers, agents, and members of the chapter to assure that their duties for the chapter are performed properly. The board is responsible for making available all financial records of the chapter to any member or to ACFE upon reasonable request.
President – Only a Certified Fraud Examiner in good standing may hold the office of President. The President shall be the chief executive officer of the Chapter, and when present, shall preside at all meetings of the Chapter. They exercise general supervision and management of the affairs of the Chapter; shall consult with and inform other officers and directors, members, and the Corporation of significant events; shall make an annual report to the members of the Chapter and the Corporation; and shall perform other duties prescribed by the Board of Directors as well as all duties incident to the office of President and chief executive officer.
Vice President – The Vice President shall report to the President and shall assume the duties of the President in their absence. When the Vice President acts in place of the President, the Vice President shall have all the powers of and be subject to all the restrictions upon the President. The Vice President shall be responsible for other duties that President or the Board of Directors shall delegate from time to time. The Board may vote to allow associate members to hold the office of Vice President.
Notwithstanding the forgoing, if the office of President becomes vacant before the expiration of the term, the Vice President may not assume that position for the unexpired term unless the Vice President is a Certified Fraud Examiner in good standing. If the Vice President is an associate member, the Chapter Board of Directors, at its discretion, may either: (1) appoint a Certified Fraud Examiner who is in good standing to complete the unexpired term; or, (2) hold a special election to elect a new President who is a Certified Fraud Examiner in good standing to complete the unexpired term.
Secretary – The office of Secretary is a two-year term. The Secretary shall report to the President and shall keep the minutes of the meetings of the members and of the Board of Directors; see that all notices are given in accordance with the provisions of these Bylaws or as may be required by law; be custodian of the corporate records and of the seal of the Chapter and see that the seal of the Chapter is affixed to all documents as authorized; maintain the membership records of the Chapter, and in general perform all duties incident to the office of Secretary and such other duties as from time to time may be assigned by the President or by the Board of Directors.
Treasurer – The Treasurer shall report to the President and shall be responsible for all financial records maintained by the Chapter. All moneys received by the Chapter as well as disbursements therefrom, shall be the responsibility of the Treasurer. The Treasurer will ensure that any funds received are properly deposited for safekeeping to the credit of the Chapter; that all disbursements are properly approved; that the Board is kept advised of the status of the accounting of funds; and otherwise perform appropriate duties to see that the assets of the Chapter are properly safeguarded. The Treasurer shall produce annual financial statements of the Chapter and submit them to the Board and the Corporation within three months of the end of the Chapter’s fiscal year, and in general shall perform such other duties as from time to time may be assigned by the President or by the Board of Directors. (The chapter may also include Board/Director roles for Training Director, Membership Director, and any other roles members will be voting in)
Directors shall not receive any compensation for their services, but shall be entitled to reimbursement for reasonable expenses incurred by them in connection with the usual performance of their duties. Any such expenditures shall be presented for approval and payment by the Treasurer, failing which, by a majority of the Board.