Certified Government Financial Manager (CGFM)
Credential: Certified Government Financial Manager (CGFM)
Credentialing Agency: Association of Government Accountants (AGA)
Renewal Period: 2 years
The Certified Government Financial Manager (CGFM) is an entry-level to mid-level professional certification recommended for government financial managers. The CGFM certifies an individual’s knowledge of governmental accounting, auditing, financial reporting, internal controls and budgeting at the federal, state and local levels. CGFM candidates must have at least two years of professional-level experience in government financial management. To take any of the CGFM examinations, candidates must have a bachelor's degree from an accredited college or university. Candidates and those certified agree to adhere to the AGA's Code of Ethics.
More information can be found on the certifying agency's website.
Certified Government Financial Manager (CGFM)
The following DOD Civilian Occupations provide training and/or experience that contributes to attaining this credential:
The following Federal Occupations provide training and/or experience that contribute to attaining this credential:
| Federal Occupation | Related As | |
|---|---|---|
| 0341 Administrative Officer |  Most |
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| 0501 Financial Administration and Program Series |  Some |
|
| 0505 Financial Management Series | Most |
|
| 0510 Accounting Series | Most |
|
| 0511 Auditing Series | Some |
|
| 0560 Budget Analysis Series | Most |
|
| 1101 General Business and Industry | Some |
|
| 1103 Industrial Property Management | Some |
|
| 1104 Property Disposal Series | Some |
|
| 1152 Production Control | Some |
|
| 1163 Insurance Examining Series | Some |
|
| 1170 Realty | Some |
|
| 1520 Mathematics Series | Some |
|
| 1640 Facility Operations Services | Most |
The following civilian occupations are related to this credential:
| Civilian Job | Bright Outlook | Registered Apprenticeship | Local Salary Info | |
|---|---|---|---|---|
| Auditors |  Bright Outlook |
 find local salary |
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| Budget Analysts | find local salary |
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| Financial Analysts | Bright Outlook |
find local salary |
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| Financial Examiners | Bright Outlook |
find local salary |
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| Management Analysts | Bright Outlook |
 Apprenticeship |
find local salary |
MINIMUM REQUIREMENTS
Eligibility Requirements (View Details)
- Credential Prerequisite
- Experience: 2 years
- Education: Bachelors
- Training
- Membership
- Other
- Fee
Note: This credential may have multiple options for becoming eligible. Listed are the minimum requirements based on the minimum degree required. To view other options, see the Eligibility tab.
Exam Requirements (View Details)
- Exam
- Written Exam
- Oral Exam
- Practical Exam
- Performance Assessment
RECERTIFICATION SUMMARY
Renewal Period: 2 years
AGENCY CONTACT INFORMATION
Association of Government Accountants (AGA)
2208 Mount Vernon Ave
Alexandria, VA 22301-1314
Phone: (800) AGA-7211
Fax: (703) 548-9367
Email: ksilver@agacgfm.org
Education REQUIREMENTS
To take any of the CGFM Examinations, candidate must have a bachelor's degree from an accredited college or university.
Experience REQUIREMENTS
A CGFM candidate must have at least two years of professional-level experience in government financial management. A candidate's experience must involve U.S. government financial management at a professional level. The experience may be acquired through employment at a federal, state, local or tribal government entity or through other employment providing the candidate with involvement in government financial management.
Other REQUIREMENTS
The Certified Government Financial Manager (CGFM) credential has the following other requirements:
- Candidates and those certified agree to adhere to AGA’s Code of Ethics.
Written Exam Governmental Environment
- Organization, Structure and Authority of Government (15%)
- Legally-Based Implications of the Government Financial Environment (20%)
- Demonstrate an Understanding of the Government Management System (18%)
- Governmental Financing Process (25%)
- Identify the Concepts, Definitions and Notions of Public Accountability (10%)
- Demonstrate an Understanding of Ethics as Applied to the Government Environment (7%)
- Demonstrate an Understanding of Electronic Services in Government (5%)
Written Exam Governmental Accounting, Financial Reporting and Budgeting
- Governmental Financial Accounting, Reporting and Budgeting (40%)
- Demonstrate an Understanding of State and Local Financial Accounting and Reporting (30%)
- Demonstrate an Understanding of Federal Financial Accounting and Reporting (30%)
Written Exam Governmental Financial Management and Control
- Financial Management Functions (30%)
- Demonstrate an Understanding of Financial and Managerial Analysis Techniques (10%)
- Internal Control (25%)
- Demonstrate an Understanding of Performance Measurement/Metrics/Service Efforts and Accomplishments (SEA) (15%)
- Auditing (20%)
Exam Preparation Resources
There are a number of resources available to help you prepare for the Certified Government Financial Manager (CGFM) examination:
- Best Sources
- General References
- Related Training
Testing Information
Testing for this credential is handled by Pearson VUE. The test centers are located in the U.S. They also have some test centers on military bases.
To find out more, use the following links on the Pearson VUE website:
- Search for Testing Program
- Learn About Testing for Military Communities
- Agency/Certification Specific Testing Information
- Contact Pearson VUE
For more information on the Association of Government Accountants (AGA) testing process, visit the agency website.
RECERTIFICATION
Certified Government Financial Manager (CGFM)
Renewal Period: 2 years
OTHER