AGA GAFRB Exam Syllabus Topics:
| Topic | Details |
|---|
| Topic 1 | - State and Local Financial Accounting and Reporting: This section of the exam measures skills of public sector accountants and focuses on applying GASB standards to define reporting entities and component units. It explores the structure and purpose of various fund types and the basis of accounting for each. Candidates must understand the format and content of the Annual Comprehensive Financial Report and the purpose of popular reports for public transparency.
|
| Topic 2 | - Federal Financial Accounting and Reporting: This section of the exam measures skills of government financial analysts and covers the roles of FASAB, OMB, Treasury, and GAO in federal accounting. It includes an understanding of federal budgetary terminology and the federal budgetary equation. The section differentiates between budgetary and proprietary accounting and outlines the structure and use of various federal fund types. It explains how to record key budgetary transactions like appropriations and obligations and proprietary transactions such as payroll and depreciation.
|
| Topic 3 | - Governmental Financial Accounting, Reporting and Budgeting: General Knowledge:This section of the exam measures skills of government financial analysts and covers the unique aspects of governmental accounting that distinguish it from private sector practices, such as service over profit and the critical role of the budget. It emphasizes the objectives of financial reporting in the public sector, the role of standard-setting bodies like GASB, FASB, FASAB, and IPSASB, and the due process for setting accounting standards. It also includes knowledge of interperiod equity, budgetary compliance, sustainability, and the characteristics of quality financial information.
|
Reference: https://www.agacgfm.org/CGFM/Candidates/CGFMProcess/Examination/Exam2.aspx
AGA GAFRB Exam Overview:
| Certification Vendor: | Association of Government Accountants (AGA) |
|---|
| Exam Name: | Governmental Accounting, Financial Reporting and Budgeting (GAFRB) |
|---|
| Exam Number: | CGFM Exam 2 |
|---|
| Related Certifications: | CGFM Exam 1: Governmental Environment
CGFM Exam 3: Governmental Financial Management and Control |
|---|
| Passing Score: | Scaled score 500 (on 200–700 scale) |
|---|
| Exam Duration: | 180 minutes |
|---|
| Exam Price: | USD 210 (standard non-member exam fee; member discounts may apply) |
|---|
| Certificate Validity Period: | CGFM certification does not expire; requires ongoing CPE maintenance |
|---|
| Exam Format: | Computer-based testing, Multiple-choice |
|---|
| Real Exam Qty: | 115 multiple-choice questions |
|---|
| Available Languages: | English |
|---|
| Recommended Training: | AGA CGFM Exam Preparation Resources
AGA CGFM Study Materials |
|---|
| Exam Registration: | CGFM Exam Registration
AGA Certification Overview |
|---|
| Sample Questions: | AGA GAFRB Sample Questions |
|---|
| Exam Way: | Computer-based exam delivered at authorized testing centers (e.g., Pearson VUE network). |
|---|
| Pre Condition: | CGFM certification requires passing three exams (Exam 1, Exam 2, Exam 3) and meeting government financial management experience requirements (typically 2 years). |
|---|
| Official Syllabus URL: | https://www.agacgfm.org/CGFM/Overview.aspx |
|---|
Frequently Asked Questions
1. What kinds of study material ITBraindumps provides?
Test engine: study test engine can be downloaded and run on your own devices. Practice the test on the interactive & simulated environment.
PDF (duplicate of the test engine): the contents are the same as the test engine, support printing.
2. How long can I get the products after purchase?
You will receive an email attached with the GAFRB study material within 5-10 minutes, and then you can instantly download it for study. If you do not get the study material after purchase, please contact us with email immediately.
3. Can I get the updated products and how to get?
Yes, you will enjoy one year free update after purchase. If there is any update, our system will automatically send the updated study material to your payment email.
4. What's the applicable operating system of the test engine?
Online test engine can supports Windows / Mac / Android / iOS, etc., because it is the software based on WEB browser. You can use it on any electronic device and practice with self-paced.
Online test engine supports offline practice, while the precondition is that you should run it with the internet at the first time.
PC test engine is suitable for windows operating system, running on the Java environment, and can install on multiple computers.
PDF version: can be read under the Adobe reader, or many other free readers, including OpenOffice, Foxit Reader and Google Docs
5. How does your testing engine works?
Once download and installed on your PC, you can practice test questions, review your GAFRB questions & answers using two different options 'practice exam' and 'virtual exam'.
Virtual Exam - test yourself with GAFRB exam questions with a time limit.
Practice exam - review GAFRB exam questions one by one, see correct answers.
6. How often do you release your products updates?
All the products are updated frequently but not on a fixed date. Our professional team pays a great attention to the exam updates and they always upgrade the content accordingly.
7. Do you have any discounts?
We offer some discounts to our customers. There is no limit to some special discount. You can check regularly of our site to get the coupons.
PDF Version Demo
We are confident about the products and aim to help you pass with ease. In case of failure, we will provide a no hassle full money back guarantee for the purchasing fee.
1180 Customer Reviews
Quality and ValueITbraindumps Practice Exams are written to the highest standards of technical accuracy, using only certified subject matter experts and published authors for development - no all study materials.
Tested and ApprovedWe are committed to the process of vendor and third party approvals. We believe professionals and executives alike deserve the confidence of quality coverage these authorizations provide.
Easy to PassIf you prepare for the exams using our ITbraindumps testing engine, It is easy to succeed for all certifications in the first attempt. You don't have to deal with all dumps or any free torrent / rapidshare all stuff.
Try Before BuyITbraindumps offers free demo of each product. You can check out the interface, question quality and usability of our practice exams before you decide to buy.