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

All CGFMs must conform to the AGA Code of Ethics to maintain the CGFM certification. Furthermore, CGFMs must be active to continue utilizing the CGFM designation after their name.

CGFMs are obliged to keep the CGFM certification in an active state:

• At least 125 hours in governmental account management themes or associated technical disciplines complete continuing professional education (CPE) every two years (within the designated two-year cycle).

• Submit the CGFM registration fee every year by the due date.

• Retain and submit complete information on completed CPE hours, if asked by AGA.

• By paying their yearly renewal payments, CGFMs state that they comply with the AGA Ethics Code and will continue to comply with it.

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Study Guide of AGA CGFM: Certified Government Financial Manager (CGFM) Exam

CGFM study materials are now accessible as a 6-month subscription in the VitalSource bookstore. The guidelines may be accessed on, off and through the bookshelf application. Each chapter and part of the three study guides have been reviewed. Some adjustments were editorial/clear, some represent changes in contents and some reflect changes in rules. Added material, including two new sections in Reference Book 3 and Study Guide 2, will contain fresh language on the fundamental accounting concepts, to match updated test topic outlines. The changes to the regulations include new legislative information and content updates reflect applicable advice of the GASB and the FASAB. The first chapter of the study guideline 3 (audit part) has been revised to match the 2018 Yellow Book version. Examples, pictures, references and appendices were all revised as part of the overall update. Due to the extent of the changes, we suggest that every publishing be reviewed in its completeness. Employees who are not permanently retired from AND in the area of financial management may, by contacting us, seek a modification of their status to “retired.” People should mention their retirement dates and affirm that they do not work in the area of financial management. At the time of retirement the CGFMs must be active so that their status is converted to “retired”, when the CGFM first goes dormant, the person must re-activate the designation before changing the CGFM status to “retired”. Therefore, the retired CGFMs in the second half of the year should reappoint in that year-to prevent their CGFM from becoming inactive and from adapting to a “retired” state. AGA CGFM exam dumps contain all the material which is necessary for the examination.

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

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