The Association of Certified Fraud Examiners (ACFE) Hong Kong Chapter has established the Association of Certified Fraud Examiners (Hong Kong Chapter) Prize. The HK Chapter is committed to developing the profession and in doing so, the Prize is intended to help HKU undergraduate students to broaden their learning horizons and develop their career path in finance and compliance. ACFE Hong Kong Chapter is a not-for-profit organization holding social and training activities on a regular basis to connect anti-fraud professionals and promoting professional advancement in the prevention, deterrence, detection and investigation of fraud in Hong Kong.

The ACFE HK Chapter has been collaborating with the Department of Sociology and Centre for Criminology, HKU in promoting training and education in the sector. The Prize is hosted by these HKU units. The Department of Sociology has been providing undergraduate Criminology major/minor programmes and taught postgraduate programme the Master of Social Sciences in Criminology, which provides a foundation for advanced research degree studies in the discipline and offers a professional qualification for practitioners in criminal justice and related fields. Working on a similar vision, the Centre for Criminology, has been researching on crime and deviance and offering regular trainings for practitioners in the field.

Details of the Prize are as follows:

Level of study: Undergraduate 
​Faculty/Department: All students with a major or minor in Criminology
​Year of study: Year 3 & 4
​Place of origin: Local Hong Kong students
​Selection criteria: Academic merit and an essay of 500 words (on their interests on fraud related issues)
​Number of awards: Three per year
​Award value: A cash prize of HK$5,000, ACFE (Hong Kong Chapter) training package and one year of post CFE qualification training
Awarding authorities: A shortlist of 15 outstanding students will be invited to submit the 500 words short essay for selecting the awardees.