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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.

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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)

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

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

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

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Certification Path of AGA CGFM: Certified Government Financial Manager (CGFM) Exam

The CGFM is an authoritative and closed book test, given exclusively online and to all other platforms, as well as those involved in fourth-year educational programs. The four-hour evaluation includes a broad variety of CGFM exam dumps training courses that may be used to arrange multiple tests in their businesses across a whole house of screening window. Saturday is now an option for others in an effort to increase flexibility. The assessment vendor will provide technical assistance on midweek as well as on Saturdays during the screenings house window. The test is conducted by experts whose objective is to help the AGA Institute to verify that all examiners are examined on comparable issues. Educating directors to supervise chosen providers and also exclude themselves as providers. (Projectors are usually the administrative assistant or fellowship planner of the program.) Doctors are not allowed to serve as proctors. The AGA Institute will definitely give comprehensive details on programs to be used in carrying out the test in the administrative manual. The CGFM is produced by subject-matter experts who make up the CGFM Subcommittee of the AGA Institute. The Subcommittee monitors the test product and keeps an eye on it. The panel is supported by many additional volunteer doctors at the AGA Institute. All evaluation questions are evaluated in many stages before being approved for examination. CGFM has been created in conjunction with the University of Michigan, Department of Medical Education and Learning.

Exam format of AGA CGFM: Certified Government Financial Manager (CGFM) Exam

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

Duration of the exam: 135 minutes

Early-requirement: 2 Year professional Experience

Passing Score: 500

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AGA CGFM Exam Syllabus Topics:

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

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