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CGFM Exam Topics and Domains
How do I earn this certification?
Passing CGFM earns the CGFM (Certified Government Financial Manager) certification. It sits in the Government Financial Management track.
- CGFM-1 - Governmental Environment Covers government structure, legal framework, budgeting, financing, accountability, ethics, and e-government
- CGFM-2 - Governmental Accounting, Financial Reporting and Budgeting Focuses on GASB/FASAB standards, fund accounting, CAFR preparation, federal and state/local accounting
- CGFM-3 - Governmental Financial Management and Control Emphasizes financial management, internal controls (COSO), performance measurement, and auditing (GAGAS)
- CPA with Governmental Accounting Specialization For those wanting broader accounting credential with government focus
- CIA with Government Audit Focus For those primarily interested in government internal audit
- Master's in Public Administration (MPA) or Master's in Accounting Academic alternative to professional certification
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How to study for this exam?
The most effective way to prepare for CGFM is by using the PlanetCert Simulator to practice questions and review detailed explanations.
What's changed on this exam?
- ACTIVE
- Last content update: 2024-09-01
- Announcement date: 2024-01-24
- Electronic Government Services Expanded coverage in 2024 Increased emphasis on e-government, digital transformation, and information security in Exam 1 • Release date: 2024-09-01
- Data Analytics and Forensic Auditing Enhanced coverage in 2024 Exam 3 includes expanded data analytics and forensic auditing techniques • Release date: 2024-09-01
- Performance Measurement Tools Updated methodologies Enhanced focus on logic models, balanced scorecard, and SEA reporting in Exam 3 • Release date: 2024-09-01
Who should take this exam?
This exam is typically taken by Government financial managers and Government accountants.