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Updated: Sep 16, 2026
No. of Questions: 115 Questions & Answers with Testing Engine
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AGA CGFM Certification Exam is a rigorous and challenging certification that requires individuals to have a strong understanding of government financial management. Individuals who pass the exam are highly regarded within the government financial management community and are considered to be experts in their field. If you are interested in pursuing a career in government financial management, the AGA CGFM Certification Exam is an excellent way to demonstrate your expertise and advance your career.
Reference: https://www.agacgfm.org/CGFM-Certification/About-CGFM.aspx
AGA CGFM Exam Overview:
| Certification Vendor: | AGA (Association of Government Accountants) |
|---|---|
| Exam Name: | Certified Government Financial Manager (CGFM) |
| Exam Number: | CGFM Exams 1-3 |
| Exam Format: | Multiple-choice |
| Available Languages: | English |
| Certificate Validity Period: | 3 years (requires continuing education for renewal) |
| Real Exam Qty: | 110 per exam |
| Exam Duration: | 180 (3 hours per exam) |
| Exam Price: | USD 260 per exam (members); USD 380 per exam (non-members) |
| Passing Score: | 70% |
| Sample Questions: | AGA CGFM Sample Questions |
| Exam Way: | Computer-based testing (CBT) at Pearson VUE testing centers; Online proctored testing available |
| Pre Condition: | Must have a bachelor's degree or equivalent; recommended 2+ years of government financial management experience; AGA membership is encouraged but not required |
| Official Syllabus URL: | https://www.agacgfm.org/CGFM/Certification.aspx |
The AGA CGFM exam covers a range of topics related to government financial management, such as budgeting, accounting, auditing, financial reporting, and internal controls. It is divided into three parts, each of which must be passed in order to earn the CGFM certification. The first part focuses on governmental environment and government accounting, while the second part covers financial management and control. The third part delves into financial reporting and budgeting for government entities. CGFM exam is designed to test not only a candidate's knowledge of these topics but also their ability to apply the concepts and principles to real-world situations.
AGA CGFM Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| CGFM Exam 1: Financial Management | - Government Contracting and Procurement
|
| CGFM Exam 2: Governmental Accounting | - Budgetary Accounting
|
| CGFM Exam 3: Financial Reporting, Control, and Analysis | - Control Frameworks and Systems
|
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Frequently Asked Questions
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