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

AGA CGFM exam dumps include the following topics:

Examination 1: Government Environment (GE)

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

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

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

Examination 3: Governmental Financial Management and Control (GFMC)

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

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

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

Deals with national standards of efficiency, generating demand, where others and additional programs may recognize areas for improvement. Help identify resources needed to support programs that meet certification criteria. Recognizes possibilities to enhance GI training. Develop a reliable way to assess the development of others and satisfy ACGME requirement for an assessment of fundamental efficacy. The CGFM is a scholastic resource designed to detect development in training and encourage regular refurbishment via training programs and other programs. The exam should not be utilized for validating promotions or rejecting growth. The ratings of the examiners should be used to apply educational treatment. The final results of the CGFM are not to be utilized for advertising features, since the institution has not been able to disclose the accreditation council for graduate medical education as knowledge and knowledge (ACGME). Under no circumstances will the AGA Institute reveal the identities of examiners or institutions that join the CGFM. Queries relating to the CGFM attribute must be sent on to the AGA Institute. The CGFM includes all regions of AGA CGFM exam dumps that the GI tract. It also comprises net online material that refers to systematic issues, nutrition, composition analysis, statistics, public health and values.

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AGA CGFM Exam Syllabus Topics:

Section

Objectives

Topic 1: CGFM Exam 3: Financial Reporting, Control, and Analysis

- Financial Statement Analysis

1. Ratio analysis
2. Liquidity and solvency analysis
3. Performance evaluation metrics

- Auditing in the Government Environment

1. Government auditing standards (GAGAS)
2. Audit planning and reporting
3. Single Audit Act

- Financial Reporting

1. Comprehensive annual financial report (CAFR)
2. Basic financial statements
3. Management's discussion and analysis (MD&A)

- Control Frameworks and Systems

1. Monitoring activities
2. IT controls and security
3. COSO internal control framework

- Compliance and Accountability

1. Accountability reporting
2. Grant compliance requirements
3. Legal and regulatory compliance

Topic 2: CGFM Exam 1: Financial Management

- Risk Management and Internal Controls

1. Enterprise risk management
2. Internal control frameworks
3. Control activities

- Strategic Planning and Performance Measurement

1. Strategic planning concepts
2. Performance measurement frameworks
3. Balanced scorecard

- Government Contracting and Procurement

1. Contract types and evaluation
2. Procurement processes
3. Contract administration

- Revenue, Expenditure, and Expense Recognition

1. Cost accounting concepts
2. Expenditure accounting
3. Revenue recognition principles

- Financial Management and Analysis

1. Working capital management
2. Financial analysis techniques
3. Cash management

- Budgeting and Budget Preparation

1. Capital budgeting
2. Budget preparation techniques
3. Budget cycle and process

Topic 3: CGFM Exam 2: Governmental Accounting

- Federal Government Accounting

1. USSGL concepts
2. Federal financial reporting
3. Federal accounting standards

- Principles of Governmental Accounting

1. Governmental accounting fundamentals
2. Fund accounting concepts
3. GAAP for governments

- Budgetary Accounting

1. Budgetary entries
2. Budgetary control
3. Encumbrance accounting

- Fund Accounting and Financial Reporting

1. Fund types and classifications
2. Financial statement preparation
3. Modified accrual basis

- State and Local Government Transactions

1. General fund accounting
2. Special revenue funds
3. Capital projects and debt service funds

- GASB Standards

1. GASB conceptual framework
2. Financial reporting entity
3. Key GASB pronouncements

AGA Certified Government Financial Manager (CGFM) : CGFM

About AGA CGFM Exam