Business Description
Understand the CGFM Exam StructureBefore diving into study plans, it’s crucial to understand the structure and content of the CGFM exam. The CGFM exam is divided into three parts:
Part 1: Governmental Environment – This section covers the fundamentals of the government environment, including the types of governmental entities, the functions of governmental financial management, and the basic principles of public financial management.
Part 2: Governmental Accounting, Financial Reporting, and Budgeting – This part delves into the accounting principles and standards applicable to governmental entities, financial reporting requirements, and budgeting processes.
Part 3: Governmental Financial Management and Control – This section focuses on internal controls, auditing, and performance management within governmental organizations.
Understanding the scope and content of each part will help you tailor your study strategy and focus on areas that require more attention.
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