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CGFM Certified Government Financial Manager
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AGA CGFM Questions and Answers
Which of the following acts requires federal agencies to pay interest to state government funds for entitlements that
are not provided in a timely manner?
An agency uses pavement rating scores as a key indicator for a street maintenance program. If the legislature provided the agency with
an additional $5 millionjthe new resources should be allocated based upon
Which of the following statements from an audit finding is the condition?
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The Certified Government Financial Manager (CGFM) is a professional credential offered by AGA that validates expertise in government financial management, including accounting, auditing, budgeting, and internal controls.
This certification is ideal for accountants, auditors, budget analysts, financial managers, and professionals working in federal, state, and local government agencies or organizations that deal with public financial management.
The CGFM exam consists of three separate parts:
Becoming CGFM certified enhances your credibility, career opportunities, and earning potential in the public financial management sector. It also sets you apart as a knowledgeable and ethical financial professional.
Each of the three exams is a multiple-choice, computer-based test with 115 questions, administered at Pearson VUE testing centers.
You get 2 hours and 15 minutes to complete each part of the CGFM exam.
The scaled passing score is 500 on a scale of 200-700.
You can schedule the exam through Pearson VUE’s online portal after registering with AGA.
The exam is available at Pearson VUE test centers worldwide and also via online proctoring.
Yes, you can reschedule or cancel your exam at least 48 hours before the scheduled time.
You must bring a valid government-issued ID. Personal items like mobile phones and notes are not allowed.
The CPA certification is broader and includes private-sector financial management, while CGFM focuses on government financial management.
Examination 3: Governmental Financial Management and Control (GFMC)
Examination 2: Governmental Accounting, Financial Reporting and Budgeting (GAFRB)
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