This article proposes to use the acoustic emission (AE) method to evaluate the degree of change in the mechanical parameters of fiber–cement boards. The research was undertaken after a literature review, due to the lack of a methodology that would allow nondestructive assessment of the strength of cement–fiber elements. The tests covered the components cut out from a popular type of board available on the construction market. The samples were subjected to environmental (soaking in water, cyclic freezing–thawing) and exceptional (burning with fire and exposure to high temperature) factors, and then to three-point bending strength tests. The adopted conditions correspond to the actual working environment of the boards. When applying the external load, AE signals were generated, which were then grouped into classes, and initially assigned to specific processes occurring in the material. The frequencies occurring over time for the tested samples were also analysed, and microscopic observations were made to confirm the suppositions based on the first part of the tests. Comparing the results obtained from a group of samples subjected to environmental and exceptional actions, significant differences were noted between them, which included the types of recorded signal class, the frequency of events, and the construction of the microstructure. The degradation of the structure, associated with damage to the fibers or their complete destruction, results in the generation under load of AE signals that indicate the uncontrolled development of scratches, and a decrease in the frequency of these events. According to the authors, the methodology used allows the control of cement–fiber boards in use. The registration and analysis of active processes under the effect of payloads makes it possible to distinguish mechanisms occurring inside the structure of the elements, and to formulate a quick response to the situation when the signals indicate a decrease in the strength of the boards.