Exam Code: CGFM
Exam Name: Certified Government Financial Manager (CGFM)
Certification Provider: AGA
Corresponding Certification: AGA CGFM
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Certification Topics of AGA CGFM: Certified Government Financial Manager (CGFM) Exam

AGA CGFM exam dumps include the following topics:

Examination 1: Government Environment (GE)

  • Delivering government information and services electronically (8%)
  • The legally-based significance of the government financial environment (15%)
  • Ethics as implemented to the governmental environment (10%)
  • Identifying definitions, and the notions of public accountability (12%)
  • Governmental financing procedure (24%)
  • The organization, authority and structure of government (15%)
  • Government management unicycle (16%)

Examination 2: Governmental Accounting, Financial Reporting and Budgeting (GAFRB)

  • Federal financial reporting and accounting (30%)
  • Governmental financial reporting, accounting, and budgeting general knowledge (40%)
  • Local and State financial reporting and accounting (30%)

Examination 3: Governmental Financial Management and Control (GFMC)

  • Internal dominance (25%)
  • Managerial and Financial Analysis Techniques (15%)
  • Performance management//service attempt and accomplishments (15%)
  • Financial management (25%)
  • Auditing (20%)

Reference: https://www.agacgfm.org/CGFM-Certification/About-CGFM.aspx

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Cost of the AGA CGFM: Certified Government Financial Manager (CGFM) Exam

AGA CGFM: Certified Government Financial Manager (CGFM) Exam cost is $125 all over the world, however the prices of the courses varies on the basis of the local currencies of the country.

Study Guide of AGA CGFM: Certified Government Financial Manager (CGFM) Exam

CGFM study materials are now accessible as a 6-month subscription in the VitalSource bookstore. The guidelines may be accessed on, off and through the bookshelf application. Each chapter and part of the three study guides have been reviewed. Some adjustments were editorial/clear, some represent changes in contents and some reflect changes in rules. Added material, including two new sections in Reference Book 3 and Study Guide 2, will contain fresh language on the fundamental accounting concepts, to match updated test topic outlines. The changes to the regulations include new legislative information and content updates reflect applicable advice of the GASB and the FASAB. The first chapter of the study guideline 3 (audit part) has been revised to match the 2018 Yellow Book version. Examples, pictures, references and appendices were all revised as part of the overall update. Due to the extent of the changes, we suggest that every publishing be reviewed in its completeness. Employees who are not permanently retired from AND in the area of financial management may, by contacting us, seek a modification of their status to “retired.” People should mention their retirement dates and affirm that they do not work in the area of financial management. At the time of retirement the CGFMs must be active so that their status is converted to “retired”, when the CGFM first goes dormant, the person must re-activate the designation before changing the CGFM status to “retired”. Therefore, the retired CGFMs in the second half of the year should reappoint in that year-to prevent their CGFM from becoming inactive and from adapting to a “retired” state. AGA CGFM exam dumps contain all the material which is necessary for the examination.

AGA CGFM Exam Syllabus Topics:

SectionObjectives
CGFM Exam 2: Governmental Accounting- State and Local Government Transactions
  • 1. Capital projects and debt service funds
  • 2. Special revenue funds
  • 3. General fund accounting
- Federal Government Accounting
  • 1. Federal accounting standards
  • 2. Federal financial reporting
  • 3. USSGL concepts
- Principles of Governmental Accounting
  • 1. GAAP for governments
  • 2. Fund accounting concepts
  • 3. Governmental accounting fundamentals
- Fund Accounting and Financial Reporting
  • 1. Financial statement preparation
  • 2. Fund types and classifications
  • 3. Modified accrual basis
- Budgetary Accounting
  • 1. Budgetary control
  • 2. Budgetary entries
  • 3. Encumbrance accounting
- GASB Standards
  • 1. Financial reporting entity
  • 2. Key GASB pronouncements
  • 3. GASB conceptual framework
CGFM Exam 3: Financial Reporting, Control, and Analysis- Auditing in the Government Environment
  • 1. Single Audit Act
  • 2. Government auditing standards (GAGAS)
  • 3. Audit planning and reporting
- Control Frameworks and Systems
  • 1. Monitoring activities
  • 2. COSO internal control framework
  • 3. IT controls and security
- Financial Reporting
  • 1. Management's discussion and analysis (MD&A)
  • 2. Basic financial statements
  • 3. Comprehensive annual financial report (CAFR)
- Financial Statement Analysis
  • 1. Liquidity and solvency analysis
  • 2. Performance evaluation metrics
  • 3. Ratio analysis
- Compliance and Accountability
  • 1. Accountability reporting
  • 2. Grant compliance requirements
  • 3. Legal and regulatory compliance
CGFM Exam 1: Financial Management- Revenue, Expenditure, and Expense Recognition
  • 1. Cost accounting concepts
  • 2. Revenue recognition principles
  • 3. Expenditure accounting
- Financial Management and Analysis
  • 1. Cash management
  • 2. Working capital management
  • 3. Financial analysis techniques
- Budgeting and Budget Preparation
  • 1. Budget cycle and process
  • 2. Budget preparation techniques
  • 3. Capital budgeting
- Risk Management and Internal Controls
  • 1. Internal control frameworks
  • 2. Enterprise risk management
  • 3. Control activities
- Strategic Planning and Performance Measurement
  • 1. Strategic planning concepts
  • 2. Balanced scorecard
  • 3. Performance measurement frameworks
- Government Contracting and Procurement
  • 1. Procurement processes
  • 2. Contract types and evaluation
  • 3. Contract administration

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