The Oxford Training Centre’s Certified Government Financial Manager Training course hence targets class professionals with relevant skills and knowledge in government financial management. This one-week course will cover important areas related to governmental accounting, auditing, financial reporting, and budgeting. There will also be lessons on internal controls, ethics in government finance, and public sector financial management so as to enable them to sit for the prestigious CGFM certification. Through expert-led sessions and practical insights, participants will increase their competency in financial management at the federal, state, and local levels of government. Whether you’re studying for the AGA CGFM examinations or need continuing professional education hours, this course is your key to professional success.
Objectives and target group
Objectives
By completing the CGFM certification course, participants will:
- Understand core principles of governmental accounting and financial reporting.
- Master key concepts of auditing, internal controls, and financial management processes.
- Explore strategies for effective budgeting and fiscal management across government levels.
- Gain knowledge of federal, state, and local government finance structures and operations.
- Develop a strong understanding of public financial management ethics and principles.
- Acquire the skills needed to pass the CGFM examinations administered by the AGA (Association of Government Accountants).
- Enhance professional competency and meet the requirements for CPE credits.
This course aims to bridge the gap between theory and practical application, ensuring participants gain hands-on skills relevant to today’s governmental financial landscape.
Target Group
The CGFM training course is ideal for:
- Financial managers, accountants, and auditors in governmental organizations.
- Public sector professionals working in budgeting, financial reporting, or auditing.
- Professionals preparing for the AGA CGFM certification examinations.
- Individuals in federal, state, or local government finance roles.
- Consultants and advisors specializing in public financial management.
- Finance professionals seeking to expand their skills in governmental financial management.
Content
The Certified Government Financial Manager training is structured into key modules that comprehensively address the core areas of government financial management:
- Introduction to Government Financial Management
- Overview of governmental finance systems.
- Role of CGFM certification in public financial management.
- Governmental Accounting and Financial Reporting
- Fundamentals of governmental accounting principles.
- Understanding financial statements in federal, state, and local government.
- Budgeting and financial planning strategies.
- Auditing and Internal Controls
- Techniques for effective auditing and performance evaluation.
- Implementing robust internal controls for transparency and accountability.
- Managing risks in government financial operations.
- Federal, State, and Local Government Finance
- Key financial structures and revenue management at different government levels.
- Case studies on fiscal management and budgeting.
- Ethics and Professional Standards
- Ethical considerations in government finance.
- Professional responsibilities of certified government financial managers.
- Preparing for the CGFM Examinations
- Exam overview and key topics covered in the three CGFM modules.
- Tips, strategies, and practice questions for exam success.
- Continuing Professional Education (CPE) Requirements
- Importance of ongoing learning and competency in public financial management.