Financial CGFM Exam
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If you are looking to become a certified government financial manager, the Certified Government Financial Manager (CGFM) certification exam is a key step in achieving this goal. The CGFM exam is designed to test your knowledge and understanding of the principles and practices of governmental financial management, as well as your ability to apply this knowledge in real-world situations. In this article, we will provide you with information on the exam objectives, exam details, who should take the exam, prerequisites, and related books that can help you pass your CGFM exam.
The CGFM exam covers three major topics:
The exam is designed to test your knowledge and understanding of these topics, as well as your ability to apply them in real-world situations. It consists of 115 multiple-choice questions, and you have three hours to complete the exam. The passing score is 75%.
The CGFM exam is offered by the Association of Government Accountants (AGA) and is administered through Pearson VUE. The cost of the exam is $325 for AGA members and $375 for non-members. The exam is delivered via computer-based testing (CBT) at Pearson VUE testing centers across the United States.
The CGFM exam is designed for individuals who are interested in pursuing a career in governmental financial management. This includes professionals who work in federal, state, and local government agencies, as well as individuals who work for private firms that provide financial services to government agencies.
There are no specific prerequisites or qualifications for taking the CGFM exam. However, it is recommended that candidates have at least two years of professional experience in governmental financial management, as well as a bachelor's degree in accounting, finance, or a related field. Candidates without a degree may also be eligible to take the exam if they have sufficient work experience in the field.
There are several books and study guides that can help you prepare for the CGFM exam. Here are some of the most popular ones:
These books cover the topics that are included in the CGFM exam, and provide practice questions and other resources to help you prepare for the exam. Additionally, the AGA offers study guides and other resources on their website to help candidates prepare for the exam.
In summary, In summary, the CGFM exam is an important step for individuals who are interested in pursuing a career in governmental financial management. The exam covers three major topics: governmental environment, governmental accounting, financial reporting, and budgeting, and governmental financial management and control. The exam is administered through Pearson VUE and consists of 115 multiple-choice questions. The passing score is 75%, and the cost of the exam is $325 for AGA members and $375 for non-members. While there are no specific prerequisites or qualifications for taking the CGFM exam, it is recommended that candidates have at least two years of professional experience in governmental financial management, as well as a bachelor's degree in accounting, finance, or a related field. Candidates without a degree may also be eligible to take the exam if they have sufficient work experience in the field. Finally, there are several books and study guides available to help candidates prepare for the exam, including Governmental Accounting, Auditing, and Financial Reporting (GAAFR) by Warren Ruppel, and Governmental Accounting Made Easy by Warren Ruppel.
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