National Credential
Credential: Certified Government Financial Manager (CGFM)  In-Demand resource  GI Bill resource
Credentialing Agency: Association of Government Accountants (AGA)

The Certified Government Financial Manager (CGFM) is an entry-level to mid-level professional certification recommended for government financial managers. The CGFM certifies an individual’s knowledge of governmental accounting, auditing, financial reporting, internal controls and budgeting at the federal, state and local levels. CGFM candidates must have at least two years of professional-level experience in government financial management. To take any of the CGFM examinations, candidates must have a bachelor's degree from an accredited college or university. Candidates and those certified agree to adhere to the AGA's Code of Ethics.

More information can be found on the certifying agency's website.

Renewal Period: 2 years

Certified Government Financial Manager (CGFM)

The following Army Occupations provide training and/or experience that contributes to attaining this credential:

Personnel Category Occupation Occupation Type Related As Promotion Points Skill Level Star Proponent Funded Gap Analysis
Enlisted 36B Financial Management Technician MOS most  Promotion Points: This certification has been approved for promotion points. Click for more information. II Star credentialStar Proponent FundedFunded  
Enlisted 6T Military Auditor ASI some          
Enlisted 7F Chaplain Resources Manager ASI some          

Army Table Legend


Related As

The military occupations shown in this table are related to this credential in one of four ways: Most, Some, or Other.

Most: This credential is directly related to most of the major duties associated with the military occupation (at least 80%). Note that the credential may require additional education, training or experience before you are eligible for it.

Some: This credential is related to some tasks associated with the duties of the military occupation (related 80% to at least one or more critical tasks but less than 80% of all of the entire military occupation). Note that the credential may require additional education, training or experience before you are eligible for it.

Other: This credential is related to this military occupation, but is more advanced or specialized and therefore will likely require additional education, training, or experience.

Promotion Points Promotion Points icon

This credential has been approved for promotion points for this MOS towards promotion to Sergeant and Staff Sergeant. Clicking the Promotion Points icon will open a link to the promotion points fact sheet.

Skill Level Designation

Skill Level I: This skill level consists of all Soldiers in the ranks of Private (pay grade E-1) up to Specialist (pay grade E-4). Time in Service (TIS) is generally between initial entry and four Years of Service (YOS). This skill level is Entry-level positions requiring performance of tasks under direct supervision.

Institutional training:

  • Structured Self-Development (SSD) level I
  • Basic Leader Course (BLC)

Skill Level II: This skill level is obtained when promoted to Sergeant (paygrade E-5). TIS is generally between 4-8 YOS. Positions requiring performance of more difficult tasks under general supervision; and in some instances, involving supervision of Soldiers in SL1.

Institutional training:

  • Structured Self-Development (SSD) level II
  • Advance Leader Course (ALC)

Skill Level III: This skill level is obtained when promoted to Staff Sergeant (paygrade E-6). TIS is generally between 8-12 YOS. Positions requiring performance of still more difficult tasks and involving first line supervision of Soldiers in SL1 & SL2.

Institutional training:

  • Senior Leader Course (SLC)
  • Structured Self-Development (SSD) level III

Skill level IV: This skill level is obtained when promoted to the rank of Sergeant First Class (paygrade E-7). TIS is generally between 12-18 YOS. Positions requiring relatively detailed knowledge of all tasks specified for a given MOS, normally involving first-line supervision of Soldiers in SLs 1, 2, and 3, and involving managerial duties.

Institutional training:

  • Master Leader Course (MLC)
  • Structured Self-Development (SSD) level IV
  • Senior Enlisted Joint Professional Military Education (SEJPME) I Course

Skill level V: This skill level is obtained when promoted to the rank of Master Sergeant (paygrade E-8). TIS is generally between 18-22 YOS. Positions requiring direct and indirect leadership roles with expertise in company and battalion-level operations and competency across a given CMF, serving as members of a staff at every level in the Army, with a full understanding of the allocation of resources and their utilization in order to accomplish Army functions and missions.

Institutional training:

  • United States Army Sergeants Major Academy (USASMA)
  • Structured Self-Development (SSD) level V

Skill level VI: This skill level is obtained when promoted to the rank of Sergeants Major (paygrade E-9). TIS is generally between 22-30 YOS. Positions requiring organizational leadership roles with multi-dimensional expertise in units and teams on division, corps, and Army staffs, integrated with Joint, Interagency, Intergovernmental, and Multinational (JIIM) partners with a full understanding of the Force Generation process, operations at all echelons, and how the Army runs.

Star Credential Star icon

Star credentials are MOS enhancing, as designated by the Proponent. MOS enhancing credentials are directly related to an MOS or ASI, are taught either partially or completely as part of a Program of Instruction (POI), and improve the MOS technical proficiency.

Proponent Funded Funded icon

This icon indicates credentials which Soldiers may have funded through their MOS proponent. Some proponents offer credentialing opportunities in conjunction with military training and/or as part of MOS development beyond the training base.

Gap Analysis Has Analysis icon

A detailed analysis comparing the credential requirements to the military occupation has been completed. Click on the gap analysis icon to view the analysis page.

Certified Government Financial Manager (CGFM)

Eligibility Requirements ()

Note: This credential may have multiple options for becoming eligible. Listed below are the minimum requirements based on the minimum degree required. To view other options, see the Eligibility tab.

  • Credential Prerequisite
  • Experience: 2 years
  • Education: Bachelors
  • Training
  • Membership
  • Other
  • Fee

Exam Requirements ()

  • Written Exam
  • Oral Exam
  • Practical Exam
  • Performance Assessment

Renewal Period: 2 years

  • Continuing Education
  • Exam
  • Continuing Education OR Exam
  • Fee
  • Other

Association of Government Accountants (AGA)
2208 Mount Vernon Ave
Alexandria, VA  22301-1314
Phone: (800) AGA-7211
Fax: (703) 548-9367
Email: ksilver@agacgfm.org

Certified Government Financial Manager (CGFM)

To take any of the CGFM Examinations, candidate must have a bachelor's degree from an accredited college or university.

A CGFM candidate must have at least two years of professional-level experience in government financial management. A candidate's experience must involve U.S. government financial management at a professional level. The experience may be acquired through employment at a federal, state, local or tribal government entity or through other employment providing the candidate with involvement in government financial management.

The Certified Government Financial Manager (CGFM) credential has the following other requirements:

Certified Government Financial Manager (CGFM)

  • Organization, Structure and Authority of Government (15%)
  • Legally-Based Implications of the Government Financial Environment (20%)
  • Demonstrate an Understanding of the Government Management System (18%)
  • Governmental Financing Process (25%)
  • Identify the Concepts, Definitions and Notions of Public Accountability (10%)
  • Demonstrate an Understanding of Ethics as Applied to the Government Environment (7%)
  • Demonstrate an Understanding of Electronic Services in Government (5%)
  • Governmental Financial Accounting, Reporting and Budgeting (40%)
  • Demonstrate an Understanding of State and Local Financial Accounting and Reporting (30%)
  • Demonstrate an Understanding of Federal Financial Accounting and Reporting (30%)
  • Financial Management Functions (30%)
  • Demonstrate an Understanding of Financial and Managerial Analysis Techniques (10%)
  • Internal Control (25%)
  • Demonstrate an Understanding of Performance Measurement/Metrics/Service Efforts and Accomplishments (SEA) (15%)
  • Auditing (20%)

There are a number of resources available to help you prepare for the Certified Government Financial Manager (CGFM) examination:

An additional resource is Safari Books Online, a searchable digital library that provides online access to thousands of books, training videos and conference sessions. See the Educational Resources page here on COOL to learn how to get free access.

Testing for this credential is handled by Pearson VUE. The test centers are located in the U.S. They also have some test centers on military bases.

To find out more, use the following links on the Pearson VUE website:

For more information on the Association of Government Accountants (AGA) testing process, visit the agency website.

Certified Government Financial Manager (CGFM)

Renewal Period: 2 years

The Certified Government Financial Manager (CGFM) credential has the following recertification information:

  • Pay the CGFM renewal fee by the due date every year.
  • To maintain the CGFM certification, all CGFMs must adhere to the AGA’s Code of Ethics. In addition, to continue using the CGFM designation after their name, CGFMs must be in an active status.
  • Complete at least 80 hours of Continuing Professional Education (CPE) every two years in government financial management topics or related technical subjects (within the designated two-year cycle).
  • Maintain and, if requested by AGA, provide detailed information on CPE hours completed.