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CGFM title. C ertified G overnment F inancial M anager The Pathway to Certification. CGFM - The Pathway to Certification
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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
CGFM - The Pathway to Certification • The Association • Over 14,000 members • Organized into 88 local chapters • National Office offers support to chapters and individual members • Current AGA initiatives CGFM subhead/bullets
CGFM - The Pathway to Certification • “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 CGFM subhead/bullets
CGFM - The Pathway to Certification • “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 CGFM subhead/bullets
CGFM - The Pathway to Certification 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 subhead/bullets
CGFM - The Pathway to Certification • CGFM - Background • Begun in 1994 • Created by government financial management experts • Over 13,000 CGFM certifications awarded CGFM subhead/bullets
CGFM - The Pathway to Certification • 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 subhead/bullets
CGFM - The Pathway to Certification • 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 CGFM subhead/bullets
CGFM - The Pathway to Certification To Become Certified CGFM subhead/bullets
CGFM - The Pathway to Certification To Become Certified CGFM subhead/bullets
CGFM - The Pathway to Certification To Become Certified CGFM subhead/bullets
CGFM - The Pathway to Certification To Become Certified CGFM subhead/bullets
CGFM - The Pathway to Certification • To Stay Certified • Adhere to AGA’s Code of Ethics • Obtain 80 CPEs every two years • Pay renewal fee every year CGFM subhead/bullets
CGFM - The Pathway to Certification 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.” CGFM subhead/bullets
CGFM - The Pathway to Certification • Benefits of Certification • Individual Benefits • Employer Benefits CGFM subhead/bullets
CGFM - The Pathway to Certification • 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! CGFM subhead/bullets
CGFM - The Pathway to Certification • Employer Benefits • Enhances prestige and credibility • Builds public confidence • Provides quality assurance CGFM subhead/bullets
CGFM - The Pathway to Certification • CGFM Examinations • Who should take the CGFM Examinations? • Financial managers • Program managers • Government contractors • Public accountants • Academics CGFM subhead/bullets
CGFM - The Pathway to Certification • CGFM Examinations • Examination 1 - Governmental Environment • Examination 2 - Governmental Accounting, Financial Reporting and Budgeting • Examination 3 - Governmental Financial Management and Control CGFM subhead/bullets
CGFM - The Pathway to Certification Sample Examination Content Examination 2 - Governmental Accounting, Financial Reporting and Budgeting General Knowledge - 60% Detailed Knowledge - 40% CGFM subhead/bullets
CGFM - The Pathway to Certification • GFM Courses • Help you prepare for CGFM Examinations • Provide you with knowledge about government financial management • Provide you with continuing professional education CGFM subhead/bullets
CGFM - The Pathway to Certification • Self -Study Courses and Materials • Self-Study Guides for all three CGFM Examinations • Self-study list of reading materials (www.agacgfm.org/cgfm/prepare/) CGFM subhead/bullets
CGFM - The Pathway to Certification • 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 CGFM subhead/bullets
CGFM - The Pathway to Certification • 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 CGFM subhead/bullets
CGFM - The Pathway to Certification • 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 CGFM subhead/bullets
CGFM - The Pathway to Certification • 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 CGFM subhead/bullets
CGFM - The Pathway to Certification • 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 ksilver@agacgfm.org CGFM subhead/bullets
CGFM subhead/bullets Certified Government Financial Manager www.agacgfm.org 800-AGA-7211