The Certified Government Financial Manager (CGFM) exam is a professional certification program for individuals who work in financial management positions in government agencies. The CGFM is awarded by the Association of Government Accountants (AGA), which is a professional organization for government financial professionals. The CGFM exam is designed to test the knowledge and skills of financial managers in areas such as financial reporting, budgeting, and auditing.
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The CGFM certification exam consists of three modules: Governmental Environment, Governmental Accounting, Financial Reporting and Budgeting, and Governmental Financial Management and Control. Each module contains multiple-choice questions and is designed to test candidates' knowledge and understanding of government financial management principles and practices. CGFM exam is administered at computer-based testing centers across the country and internationally.
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The Certified Government Financial Manager (CGFM) Exam is a professional certification offered by the Association of Government Accountants (AGA). The CGFM designation is designed for financial professionals working in the government sector who want to demonstrate their knowledge, skills, and abilities in their profession. CGFM certification helps individuals show that they are qualified to manage the financial aspects of government programs and organizations.
Reference: https://www.agacgfm.org/CGFM-Certification/About-CGFM.aspx
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Individuals who pass the CGFM Exam are eligible to receive the CGFM certification, which is a professional credential that is recognized by employers, clients, and colleagues as a sign of expertise in government financial management. Certified Government Financial Manager (CGFM) certification can help individuals advance their careers, increase their earning potential, and gain recognition for their expertise in the field.
AGA CGFM Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| CGFM Exam 3: Financial Reporting, Control, and Analysis | - Financial Statement Analysis
|
| CGFM Exam 2: Governmental Accounting | - Fund Accounting and Financial Reporting
|
| CGFM Exam 1: Financial Management | - Strategic Planning and Performance Measurement
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