CGFM title

CGFM title

Certified Government Financial Manager

The Pathway to Certification

CGFM - The Pathway to Certification

“There hasn’t been a better time to join the federal

government than today. The numbers of opportunities that will be available for

advancement over the next 10-15 years are going to be incredible…if you have the

right skills.” Miguel Torrado, Assoc Commissioner for

Personnel, SSA.

CGFM subhead/bullets



The Association

Over 14,000 members

Organized into 88 local chapters

National Office offers support to chapters and individual members

Current AGA initiatives



“Accountability”

Recognizing importance of financial management

More programs and services requested despite shrinking revenue bases

Taxpayers want more value

Elected officials want specific results with fewer resources



“Accountability”

Expanding role of government financial manager

Extensive knowledge is required in a wide variety of functional areas

CGFM Program responds to this need by measuring a wide range of knowledge and skills



Why Certification?

“certification programs are win-win-win--the certifiers benefit; the certified benefit; and so does any customer, client, or employer who relies on the certification. That should explain why, within a decade, every market leader in every global industry will offer certification programs for its key employees.” Fortune Magazine 6/26/00



CGFM - Background

Begun in 1994

Created by government financial management experts

Over 13,000 CGFM certifications awarded



CGFM - Background

CGFM addresses special knowledge needs of today’s government financial manager

CGFM provides first certification broad enough to cover the entire field of government financial management



CGFM - Background

Three examinations

Computer based examination

100-110 questions per examination

Two hours and fifteen minutes for each examination

$109 per examination

$85 application fee



To Become Certified



To Become Certified



To Become Certified



To Become Certified



To Stay Certified

Adhere to AGA’s Code of Ethics

Obtain 80 CPEs every two years

Pay renewal fee every year


In a 2001 survey by Robert Half Intl, a financial

management placement firm, 85% of the 1400 CFOs

surveyed “believed that a professional certification…

can boost career advancement opportunities.”




Benefits of Certification

Individual Benefits

Employer Benefits



Benefits of Certification to you

Do you want to…

Become more competent?

Be more competitive?

Be eligible for incentives?

Keep up with changes in the field?

If your answer is yes -- then the CGFM is for you!



Employer Benefits

Enhances prestige and credibility

Builds public confidence

Provides quality assurance



CGFM Examinations

Who should take the CGFM Examinations?

Financial managers

Program managers

Government contractors

Public accountants

Academics



CGFM Examinations

Examination 1 - Governmental Environment

Examination 2 - Governmental Accounting, Financial Reporting and Budgeting

Examination 3 - Governmental Financial Management and Control


Sample Examination Content

Examination 2 - Governmental Accounting, Financial Reporting and Budgeting

General Knowledge - 60%

Detailed Knowledge - 40%




GFM Courses

Help you prepare for CGFM Examinations

Provide you with knowledge about government financial management

Provide you with continuing professional education



Self -Study Courses and Materials

Self-Study Guides for all three CGFM Examinations

Self-study list of reading materials (www.agacgfm.org/cgfm/prepare/)



Application Process

Call 800-AGA-7211 for application or apply online (www.agacgfm.org)

Complete application form, pay $85 fee and submit your proof of education

Receive your confirmation of eligibility

Submit a work verification form



Examination Process

Purchase examinations on AGA website - exam fee is $109

Print exam authorization letter with exam scheduling instructions

Schedule and take examinations

Get your results immediately

Receive your CGFM Certificate when you pass all three examinations



Professional Certification Summary

CGFM is the mark of professional excellence

CGFM is transferable across agencies and government levels, public, private and non profit sectors

Your agency may change, your job may change, but your CGFM, like a college degree, remains constant



Join the Elite Crew of CGFM Professionals

To apply for certification

Call 1-800-AGA-7211 for application or apply online (www.agacgfm.org)

To take the GFM Courses

Call Management Concepts, Inc at 703-790-9595 or visit our website for course information



Join the Elite Crew of CGFM Professionals

To obtain more information, contact

Katya Silver, Director for Professional Certification Administration at 1-800-AGA-7211, ext 305 or [email protected]


Certified Government Financial Manager

www.agacgfm.org

800-AGA-7211

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