What Does Cgma Stand For In Finance?

Cgma stands for Certified Global Management Accountant. This credential is granted by the Association of International Certified Professional Accountants (AICPA) and indicates that the holder has demonstrated a high level of competency in management accounting.

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The Certified Government Financial Manager (CGFM) designation

The Certified Government Financial Manager (CGFM) designation is awarded by the Association of Government Accountants (AGA) to professionals who meet stringent education, experience and examination requirements in governmental financial management.

The Certified Government Financial Manager (CGFM) designation process

The Certified Government Financial Manager (CGFM) designation process requires candidates to pass three exams within a five-year period. The exams cover topics such as financial reporting, budgetary analysis, and accounting. Eligibility requirements include a bachelor’s degree, two years of professional experience in government financial management, and completion of coursework in accounting and finance.

The Certified Government Financial Manager (CGFM) designation requirements

The Certified Government Financial Manager (CGFM) designation requirements are designed to ensure those who earn the credential have the knowledge and skills necessary to perform the full scope of governmental financial management responsibilities. The CGFM is issued jointly by AGA and the Association of Certified Fraud Examiners (ACFE).

There are three avenues by which an individual may qualify for the CGFM: examinations, education and experience.

The Certified Government Financial Manager (CGFM) designation benefits

The Certified Government Financial Manager (CGFM) designation benefits both the CGFM and his or her employer. The CGFM demonstrates a mastery of Federal financial management and the commitment to excellence in public service. The designation is well-respected throughout government and the marketplace, and often leads to career advancement.

The Certified Government Financial Manager (CGFM) designation value

CGFM is the globally recognized standard for financial management in government. It is the only designation that:

Focuses exclusively on government finance
Demonstrates mastery of a broad range of topics in government financial management
Indicates proficiency in the three key areas of government financial management: accounting, budgeting/financial planning, and auditing
Is governed by an international consortium of governments, academia, and practitioners
Earning the CGFM designation provides many benefits, including:

Demonstrating your dedication to your profession and commitment to lifelong learning
Enhancing your credibility and respected among your peers
Boosting your confidence by validating your knowledge and expertise in all aspects of government financial management
Increasing your marketability and career opportunities

The Certified Government Financial Manager (CGFM) designation holders

The CGFM designation is the globally recognized standard of excellence in governmental financial management. The Association of Government Accountants (AGA) issues the CGFM to those government finance professionals who meet specific educational and experience requirements and successfully pass a comprehensive three-part examination series.

There are currently more than 5,000 CGFM designation holders in government agencies at all levels across the United States and around the world. The AGA also offers the Certified Fraud Examiner (CFE) credential, which is designed for those who investigate and prevent fraud in organizations.

The Certified Government Financial Manager (CGFM) designation process overview

CGFM is the Certified Government Financial Manager designation offered by the Association of Government Accountants (AGA). The CGFM designation recognizes professional excellence in government financial management. To earn the CGFM, candidates must successfully complete a three-part examination covering the entire spectrum of government financial management.

The Certified Government Financial Manager (CGFM) designation requirements overview

The CGFM designation is the globally recognized gold standard for government financial management. To earn the CGFM, professionals must meet strict eligibility requirements and pass all three parts of an exam administered by the Association of Government Accountants (AGA).

The CGFM designation is highly respected by government agencies, employers and peers. It is earned by those who have demonstrated their knowledge, skills and abilities in the field of government financial management. The CGFM designation signifies that an individual has a mastery of the core competencies required to be a successful government financial manager.

The Certified Government Financial Manager (CGFM) designation benefits overview

The Certified Government Financial Manager (CGFM) designation from the Association of Government Accountants (AGA) is the only credential of its kind for government financial management professionals. CGFM holders possess the skills and knowledge to perform their jobs in compliance with laws and regulations; in a manner that provides accurate, timely, and reliable information for decision making; and in a way that promotes public confidence in government.

Earning the CGFM credential requires passing examinations covering the three main content areas of governmental financial management:
– Foundations of government financial management
– Governmental accounting, financial reporting, and budgeting
– Governmental financial management systems
Additionally, candidates must have a minimum of two years of professional experience in governmental financial management.

The Certified Government Financial Manager (CGFM) designation value overview

The CGFM designation is the only professional credential specifically developed for government financial management. It is globally recognized and has been earned by more than 5,600 government financial professionals in over 100 countries.

CGFM designation holders work in all levels of government including:
-Federal
-State/provincial
-Local
-International organizations